By Zhong Sheng September 15 marked the 10th anniversary of bankruptcy of Lehman Brothers Holdings Inc.–then one of the world’s largest investment banks. Its failure, a rare disaster in history, soon set off banking crisis in over 20 countries and left millions of people out of their jobs and properties, bringing a crushing blow to […]
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A UN official made positive comments on China-Africa cooperation on combating HIV/AIDS during an interview with People’s Daily, after attending a China-Africa meeting on AIDS control in Beijing on Sept. 4. Michel Sidibé, Executive Director of the Joint United Nations Programme on HIV/AIDS (UNAIDS), also expressed his expectations on China-Africa cooperation in health sector. The […]
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China and Africa have witnessed expanded and upgraded financial cooperation over the past three years. It is a result of the great efforts made by China to accelerate African countries’ industrialization and modernization. China has helped Africa addressed its core development challenges such as capital shortage and underdeveloped infrastructure. May to August each year is […]
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There will be no winner in a trade war, as it will hurt export and employment of both sides involved, increase the cost of production and living of enterprises and consumers respectively, hinder regular operation of global value chain, and as a result place severely negative impacts on multilateral trading system. So why did the […]
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More business representatives have voiced opposition to the White House’s plan to impose tariffs on $200 billion worth of Chinese goods on Thursday at the ongoing hearing held by the Office of the US Trade Representative (USTR). Apart from US representatives, the meeting was also participated by Chinese deputies from China-funded enterprises in the US, […]
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With the 2018 Beijing summit of the Forum on China-Africa Cooperation (FOCAC) scheduled for September 3-4, China is gearing up to receive delegates from the African continent to discuss progress in the strategic relationship and map out the future of a win-win model that is at the core of China’s engagement internationally. That calls for […]
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