Space satellite station in Africa

    China builds space infrastructure in Global South for expansion

    NEWYou can now listen to Fox News articles! FIRST ON FOX: More than a decade ago, China launched its Belt and Road Initiative, pouring billions into ports, railways and power plants across the developing world to extend Beijing’s economic and political reach far beyond its borders. Today, experts say China is applying that same playbook…

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    News about -  Why China is not rushing to become a global leader

      Why China is not rushing to become a global leader

      In global politics, where dominance is often measured by loud declarations and displays of power, China behaves like a master of the game of Go, carefully and silently placing its stones, favoring strategic depth over superficial spectacle. At first glance, all the prerequisites for hegemony seem to be in place: the world’s second largest economy,…

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      Hong Kong customs arrests 5 in suspected HK$8.9 billion ‘phantom trading’ racket

        Hong Kong customs arrests 5 in suspected HK$8.9 billion ‘phantom trading’ racket

        Hong Kong customs has arrested five people on suspicion of laundering HK$8.9 billion (US$1.1 billion) in suspected crime proceeds over a four-year period, with investigators for the first time uncovering a syndicate using sophisticated fake shipping websites for “phantom trading”. Senior Investigator Tsoi Kim-fai of customs’ financial investigation bureau said on Tuesday that the operation…

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        Musicians perform during the Africa’s Business Heroes competition in Kigali, Rwanda on Saturday. Photo: Handout

          China-Africa partnership leaps into the future as Beijing expands market access: envoy

          The Chinese ambassador to Rwanda said on Friday that China-Africa cooperation had expanded into forward-looking sectors such as artificial intelligence, the digital economy, green energy, fintech and sustainable development. While attending the Seventh Africa’s Business Heroes Summit held in Kigali, Rwanda, Gao Wenqi thanked entrepreneurs from China and African nations for expanding cooperation into sectors…

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