President John Dramani Mahama has said Ghana is working to maximise its trade volume with China following the recent tariff-free trade agreement between Beijing and African countries. Speaking at the …
China-Africa Relations
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AgricultureChina-Africa RelationsGhana EconomyGovernanceInternational TradePolicies
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AgricultureChina-Africa RelationsDiplomacyEconomyGlobal MarketsInternational Markets
China Imposes Temporary Duties on EU Pork Imports Over Dumping Claims
China’s Ministry of Commerce has announced that it will impose temporary import duties on pork and pig by-products from the European Union (EU), citing evidence of dumping. The announcement, made …
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Business and EconomyChina-Africa RelationsCorporate StrategyEconomyEgyptForeign AffairsIndustrial DevelopmentInfrastructureINVESTMENTManufacturing
Egypt, China’s Sailun Group Sign $1 Billion Deal for Tire Factory in Suez Canal Economic Zone
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …
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China-Africa RelationsCurrencyEconomyFinanceFinancial InclusionMarkets
Chinese Yuan Weakens to 7.1405 Against US Dollar
The central parity rate of the Chinese currency, the renminbi (yuan), fell slightly on Monday, weakening by 23 pips to 7.1405 against the United States dollar. The China Foreign Exchange …
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China-Africa RelationsDebt Management,EconomyFinance & ServicesInfrastructureOil & Gas
Angola Moves to Cut Oil-Backed Debt to China by 2025
Angola is making strong progress in reducing its oil-backed debt to China, with government officials saying the total could drop to between $7.5 billion and $8 billion by the end …