Category: Economy

Leaders from South Asian countries gathered in the southwest Chinese city of Kunming for the seventh China-South Asia Expo. It was an occasion for Chinese leaders to emphasize both trade and political ties. Chinese Foreign Minister Wang Yi told the guests that ...

South Africa and China signed about $2.2 billion in new trade and economic deals ahead of Chinese President Xi Jinping’s upcoming visit to Johannesburg next week. Xi will be in town for both the BRICS summit and a bilateral state visit. The deals 

While the dispute between China and the Philippines around territorial claims in the South China Sea keeps escalating, economic relations between the two are “business as usual.” However, the growing disagreement could cause economic complications for Manila. The current fight centers around a WWII-era warship, ...

From Chile to South Africa to the Philippines, stock markets across the developing world fell sharply on Tuesday after Chinese customs authorities released worse-than-expected trade data. Chinese exports plunged 14.5% in July compared to the same time last year, the ...

Applying to join the BRICS club has become increasingly fashionable among developing countries, with 40 states expressing interest in becoming a member of the China-initiated club -- but not Mexico. President Andrés Manuel López Obrador said on Tuesday that he has nothing ...

The following article was published on Congo Daily (今日刚果), a WeChat channel for the Chinese expatriate community in the Democratic Republic of the Congo. The name or identity of the author is not known. What makes this article so interesting is how it reflects the views and ...

For years, Nigerian politicians and media reports have issued breathless warnings about the dangers of becoming too indebted to China, fearing the dreaded "debt trap" and the risk of surrendering the country's strategic assets. While ...

Japanese Foreign Minister Yoshimasa Hayashi arrived in South Africa on Tuesday for the first leg of a three-nation African tour that also includes stops in Uganda and Ethiopia. Hayashi's visit is widely seen as part of G7 countries' broader effort to counteract China and Russia's growing influence on ...

Bangladesh will reportedly submit a formal request by September to join the Regional Comprehensive Economic Partnership (RCEP), a China-led free trade community that represents about 30% of global GDP. The decision was taken at an inter-ministerial meeting on Tuesday. It now requires Cabinet approval, and ...

Iran’s oil output has jumped by 80% to about 1 million barrels per day since President Ebrahim Raisi took power in 2021. China is one of the Islamic Republic’s largest oil buyers, despite formidable sanctions from the U.S. and other countries. ...

In June, Zambia reached what's been described as a landmark debt restructuring deal that for the first time brought together the country's bilateral creditors including China, traditional Paris Club lenders and bondholders. While the deal ...

Tucked away in a remote corner of the U.S. Senate's version of the massive $875 billion proposed budget for the U.S. Defense Department is a small piece of legislation that aims to boost U.S. exports to Africa. The legislation, known as the ...