Tag: East Africa railways
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WEEK IN REVIEW: African officials Concerned about the Deteriorating Value of the Chinese Yuan
Finance officials in Africa and other emerging markets are becoming increasingly concerned about the deteriorating value of the Chinese yuan that's weighing down the value of their currencies. The RMB has fallen steeply over the past two weeks in response to the disruption of factory production, trade, and ...
An electric bus donated by the Taiwanese government drives through a neighbourhood in Asuncion, Paraguay, March 3, 2026. REUTERS/Cesar Olmedo
By Daniela Desantis and Lucinda Elliott When Paraguayan opposition lawmaker Leidy Galeano returned from an all-expenses-paid tour of six Chinese cities late last year, she was convinced Paraguay risked missing out on major economic gains by sticking with longtime ally Taiwan over Beijing - a message participants on ...
WEEK IN REVIEW: African officials Concerned about the Deteriorating Value of the Chinese Yuan
Finance officials in Africa and other emerging markets are becoming increasingly concerned about the deteriorating value of the Chinese yuan that's weighing down the value of their currencies. The RMB has fallen steeply over the past two weeks in response to the disruption of factory production, trade, and ...