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Category Archives: Business

Money and Finances

China remains Africa’s largest trading partner for 16 years, with industrialization key for future growth

BY XINHUA NAIROBI, June 16 (Xinhua) — China-Africa trade reached a record 295.56 billion U.S. dollars in 2024, up 4.8 percent year-over-year, marking the 16th consecutive year China has remained…

PHOTO STORY: How international export connected Rwandan farmers’ chilies with with consumers in China

BY XINHUA BEIJING, June 13 (Xinhua) — At the ongoing 4th China-Africa Economic and Trade Expo held in Changsha of Hunan, a chili sauce product, made from Rwandan peppers, has…

Fourth China-Africa Economic and Trade Expo opens with focus on ties, new deals

BY XINHUA CHANGSHA, June 12 (Xinhua) — The fourth China-Africa Economic and Trade Expo opened Thursday in the central Chinese city of Changsha, highlighting the commitment of the world’s largest…

(PHOTOS) How 10th Agritec Africa Expo in Nairobi went down, with Chinese agri-tech firms shining

BY XINHUA NAIROBI, June 12 (Xinhua) — The hum of excited conversations filled the air as visitors navigated the bustling aisles of the 10th Agritec Africa, an international exhibition and…

Global economy growth forecasts declines on trade barriers, policy uncertainty- World Bank

BY XINHUA NEW YORK, June 10 (Xinhua) — The World Bank slashed global economic growth forecasts on Tuesday citing heightened trade tensions and policy uncertainty. The turmoil resulted in lower…

China’s foreign trade maintains resilience despite headwinds

BY XINHUA * China’s goods imports and exports rose 2.5 percent year on year in the first five months of 2025, driven by the country’s efforts to optimize its trade…

FEATURE: Tanzania banks on 5.6 acres new Chinese-built harbor to conquer East Africa region

BY XINHUA: Hua Hongli DAR ES SALAAM, June 9 (Xinhua) — A gentle sea breeze stirs the trees on a quiet island off the southeastern coast of Tanzania. Here lie…

(China Economic Roundtable): China’s economy on steady upward trajectory amid external challenges: official

BY XINHUA BEIJING, June 5 (Xinhua) — Building on a positive start in the first quarter of 2025, China’s economy is continuing to make steady progress, said Ding Lin, an…