China - Nomad Press

15 Sep

BRICS Competition Law Centre and China Partner to Develop BRICS Commodities Exchange

Reporter0 CommentsWorldChina, Russia

The BRICS Competition Law and Policy Centre and China’s Center for Competition Policy and Expertise of the State Administration for Market Regulation (SAMR) have announced a strategic collaboration to develop a BRICS commodities exchange system. The agreement was formalized on the sidelines of the 2024 National Fair Competition Conference of China. Alexei Ivanov, Director of the BRICS Competition Law and Policy Centre, highlighted the significance of the collaboration. “It is symbolic that two years after the agreement between Russia and China on antitrust enforcement and competition policy, we are now finalizing a memorandum of expert cooperation during Russia’s BRICS presidency,”…

04 Sep

Ruto rallies support for Raila’s AUC bid at FOCAC summit

kbc0 CommentsNewsChina, President Ruto, raila auc bid

President William Ruto is rallying continental support for Raila Odinga’s bid to become the next Chairperson of the African Union Commission (AUC) days after Kenya unveiled the former Prime Minister as its candidate. In a series of meetings on the sidelines of the China-Africa Summit, the President discussed Raila’s bid with several African leaders while underscoring Kenya’s commitment to Pan-Africanism and the unity of the continent. Ruto met with Presidents Faure Gnassingbé of Togo, Assimi Goïta of Mali, Umaro Sissoco Embaló of Guinea-Bissau, Paul Kagame of Rwanda, and Mahamat Idriss Déby of Chad, among others. “Pan-Africanism is an ideal platform…

15 Aug

UNIDO Highlights the Role of ICTs in Accelerating Sustainable Development at MWC24 Shanghai

Reporter0 CommentsTechnologyChina, Huawei, United Nations Industrial Development Organization (UNIDO)

The United Nations Industrial Development Organization (UNIDO) emphasized the critical role of Information and Communication Technologies (ICTs) in accelerating progress toward achieving the 17 United Nations Sustainable Development Goals (SDGs) during the Mobile World Congress 2024 (MWC24) in Shanghai, China. Zhao Xiaolei, Head of UNIDO's Investment and Technology Promotion Offices (ITPO), spoke at the event, underscoring the transformative potential of digital technologies in creating value across various sectors. She noted that digital transformation could significantly contribute to job creation, economic growth, and the development of harmonious societies and environmentally friendly practices. "At UNIDO, we are developing an industry competitive index…

10 Jul

South Sudan’s president inaugurates Chinese-built central bank headquarters

Xinhua0 CommentsWorldChina, South Sudan

South Sudan's President Salva Kiir on Monday inaugurated the new headquarters of the Bank of South Sudan built by a Chinese firm as part of the country's Independence Day celebration on July 9. The 12-storey building, constructed by China's Shandong Hi-Speed Group Co (SDHS), is an iconic gift to the people of South Sudan, Kiir said. Kiir also urged officials and citizens to focus on improving economic growth and promoting peace and social harmony in the country. Also attending the ceremony was Ma Qiang, Chinese ambassador to South Sudan. "As a good friend and good partner, China affirms its support…

02 Jul

Gachagua To Visit China to Boost Agro-produce Trade

admin0 CommentsNewsChina, Rigathi Gachagua

Deputy President Rigathi Gachagua hosts the Ambassador of the People's Republic of China to Kenya, Zhou Pingjian, at his official residence in Karen, Nairobi. The courtesy call served as a pivotal preparation ahead of the Deputy President's upcoming visit to China, where discussions will focus on promoting Kenyan agroproduce, notably Coffee, Tea, and Avocado. Kenya and China share a longstanding relationship built on mutual trust and cooperation, particularly in trade and development. The meeting underscored the commitment to enhancing these ties, with a specific emphasis on expanding trade and investment opportunities between the two nations. During the discussions, both parties…

28 Jun

China to launch asteroid probe next year

China Daily0 CommentsWorldChina

China plans to carry out a series of massive space programs in the near future, according to a senior official of the China National Space Administration. Bian Zhigang, deputy director of the space administration, said on Thursday at a news conference in Beijing that the administration is working on two new lunar expeditions and three deep-space exploration missions. "We are developing the Chang'e 7 and Chang'e 8 robotic probes. Chang'e 7 will be sent to the lunar South Pole region on the moon to conduct environmental and resources surveys, while Chang'e 8 will undertake technology demonstrations for in-situ resources utilization,"…

22 Jun

Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in DRC

admin0 CommentsBusinessChina, DRC

The Republic of the Congo has a goal of increasing hydrocarbon production to 500,000 barrels per day (bpd) and projects such as Wing Wah Oil Company’s Banga Kayo development will serve as catalysts for meeting this objective. The project is a strong example for how integration and scalability can be utilized to not only monetize resources but maximize production beyond the lifecycle of initially-tied in blocks. The African Energy Chamber (AEC) – the voice of the African energy sector – conducted a tour of Wing Wah’s project near Pointe Noire during a working visit to the country this week. A…