China

China reduce Cameroon’s debt by $78m.

China says it has forgiven Cameroon for about $78 million debt. The move from part of Chinese support to help ease economic hardship in the central African country. The announcement was made late last week after a meeting between President Paul Biya and Yang Jiechi, a special representative of the Chinese President Xi Jinping in […]

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China’s Economic downslide threat results to Oil price fall.

Oil prices fell on Tuesday over signs that an economic slowdown in China, the world’s second-largest economy and oil consumer, was spreading, stoking concerns over future fuel demand. The gloomy economic news has pulled down financial markets across Asia, including crude oil futures. International Brent oil futures were at 62.26 dollars per barrel at 0736 […]

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First cotton from far side of the moon displayed in China.

A first ever sprout of cotton seeds on the far side of the moon. According to China’s state television, photos sent back by its Chang’e -4 luna probe on Tuesday shows that cotton seeds carried by the probe have sprouted. The Chang’e-4 project had officially shifted to the scientific exploration stage days before. A team […]

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Trump says China agree to mitigate tariffs on US cars after trade war ceasefire

Chinese President Xi Jinping has agreed to cut tariffs below the 40 percent level currently in place on US-made vehicles after the two countries had talks in Argentina. Trump confirmed the situation on his tweeter handle stating that: “China has agreed to mitigate and remove tariffs on cars coming into China from the U.S. Currently […]

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