By: Matti O. Jeremiah Africa’s financial system is plagued with numerous challenges, especially in the area of cross-border payments. Inefficiencies in the financial system lead to high transaction fees, long wait times for payment processing, and limited access to financial services, particularly for individuals and small businesses. However,the emergence of blockchain technology and decentralized finance […]
Amid applause and dances at a ceremony in Beijing, the Solomon Islands officially inaugurated its embassy in China on Tuesday, nearly four years after establishing diplomatic ties. The event, hailed as a significant milestone by Prime Minister Manasseh Sogavare, is expected to bolster relations between the two countries and their people, according to the Global […]
Chinese President Xi Jinping emphasized the implementation of new systems for a higher-standard open economy and the proactive elevation of the country’s opening-up to a new level, as reported by Xinhua News Agency. During a meeting of the central commission for deepening overall reform, President Xi highlighted the importance of institutional opening-up and deepening reforms […]
US President Joe Biden’s visit to the UK ahead of the NATO summit has raised speculation about the efforts of the US and the UK to dominate and maintain their influence within NATO. Chinese analysts believe that the two countries will work to make their strategy of “preventing the Ukraine crisis from ending” the consensus […]
Doubts and concerns are mounting over Japan’s plan to dump nuclear-contaminated wastewater from the Fukushima Daiichi Nuclear Power Plant into the ocean, despite the International Atomic Energy Agency (IAEA) publishing a report stating that the plan meets safety standards. The move has sparked strong backlash in countries that will be affected by the dumping, and […]
Reports indicate that Japan is moving forward with its plan to release nuclear-contaminated wastewater from the Fukushima Daiichi Nuclear Power Plant into the ocean in mid-August. The decision has prompted widespread international concern regarding food and ecological safety. The repercussions are already being felt, as Japanese restaurants in Hong Kong report a drop in business […]
Beijing, China – Chinese President Xi Jinping held a meeting with Solomon Islands Prime Minister Manasseh Sogavare, during which both leaders jointly announced the establishment of a comprehensive strategic partnership characterized by mutual respect and common development. Experts believe that China’s successful relations with the Solomon Islands can serve as a model for future cooperation […]
In an interview with CNN’s Fareed Zakaria, US President Joe Biden maintained his stance on competition with China while expressing optimism about reaching a “stable point” in bilateral relations. This comes after US Treasury Secretary Janet Yellen’s visit to China, which was described as “direct” and “productive.” Analysts predict that more high-level interactions between the […]
Negotiations for the return of Fu Bao, the first giant panda born in South Korea through natural breeding, are set to commence in August, as reported by various media outlets. Fu Bao, born on July 20, 2020, at the Panda World in Everland Resort, is scheduled to return to China for breeding purposes before reaching […]
Authorities in Changsha and Tianjin confirmed four cases of monkeypox on Friday, bringing the total cumulative cases on the Chinese mainland to 10. In Changsha, three monkeypox cases were identified on July 5, according to local health authorities. The cases involve three males aged 24, 28, and 38, who are currently receiving treatment in designated […]
