Chinese President Xi Jinping delivers his keynote speech at the opening ceremony of the 9th Summit of the Forum on China-Africa Cooperation (FOCAC), at the Great Hall of the People in Beijing, China on September 5, 2024. – Reuters Xi inspects the People’s Liberation Army Rocket Force Brigade. The People’s Liberation Army is tasked with … Read more
BEIJING: China’s Minister of Commerce Wang Wentao on Tuesday urged the U.S. to lift sanctions on Chinese enterprises in a phone call with his American counterpart Gina Raimondo. Wang said it is crucial to clarify the boundaries of national security in economic and trade areas, as this would help maintain the stability and security of … Read more
China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit with … Read more