Op Ed - NsNewsWire

Xi calls for joint Chinese-Indian efforts in building stronger BRICS partnership

UFA, Russia, July 9 (NsNewsWire) — China and India should work together to build a closer, more comprehensive and firmer partnership among the BRICS countries, Chinese President Xi Jinping said here Wednesday. Xi made the remarks when meeting with Indian Prime Minister Narendra Modi in the southwestern Russian city of Ufa ahead of two multilateral […]

Alwaleed Philanthropies grants 10,000 housing units and 10,000 cars to Saudis

JEDDAH, July 5 (NsNewsWire) — As an expression of his gratitude to the Saudi nation and its people, Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has announced the resumption of the two Alwaleed philanthropic projects that consist of providing 10,000 housing units to Saudi citizens, which is part of his development housing initiative, in addition […]

World Bank Update Says 10 Countries Move Up in Income Bracket

WASHINGTON, July 5, (NsNewsWire) — The World Bank’s latest estimates of Gross National Income per capita (GNI) continue to show improved economic performance in many low-income countries, with Bangladesh, Kenya, Myanmar, and Tajikistan now becoming lower-middle income countries, joining those with annual incomes of $1,046 to $4,125. Mongolia and Paraguay move from lower middle-income status […]

Chinese firms hold charity banquets for Egyptian Muslims in Ramadan

by Mahmoud Fouly, Zheng Yihan CAIRO, July 1 (NsNewsWire) — “We really appreciate the Chinese companies for this kind gesture. I tell all the Chinese people thank you and happy Ramadan for you and for the whole world,” said Mohamed, an Egyptian man in his early 40’s after having a fast-breaking meal (iftar) among hundreds […]

China unveils new, ambitious climate goals

BEIJING, July 1 (NsNewsWire) — China on Tuesday made fresh pledges on fighting climate change, setting out ambitious targets beyond 2020 in what it calls its “utmost efforts” in tackling the global challenge. The world’s largest greenhouse gas emitter aims to cut carbon dioxide emissions per unit of gross domestic product (GDP) by 60 percent […]

CPC’s governing capacity win worldwide praise

BEIJING, July 1 (Xinhua) — On the occasion of the 94th anniversary of the founding of the Communist Party of China (CPC), foreign experts and scholars spoke highly of the party’s governing capacity and efforts in the fight against corruption. Mohamed Abdel-Wahhab al-Saket, a former Arab League ambassador to China, said the CPC’s glorious achievements […]

Commentary: A key step forward for AIIB

BEIJING, June 30 (NsNewsWire) — The Asian Infrastructure Investment Bank (AIIB) on Monday captured global attention once again as its founding members gathered here to witness the signing of an agreement, a key step that paves the way for the operations of the institution. The China-proposed bank is designed as a multilateral financial institution that […]

AIIB agreement signed, China-led bank takes key step forward

BEIJING, June 29 (NsNewsWire) — A China-initiated multilateral bank that has dominated media headlines for months took a key step forward on Monday, with the signing of an agreement that outlines the framework and management structure for the institution. Representatives of the 57 prospective founding countries of the Asian Infrastructure Investment Bank (AIIB) gathered in […]

Xi to attend BRICS, SCO summit next week

BEIJING, June 29 (Xinhua) — Chinese President Xi Jinping will attend the 7th BRICS summit and 15th SCO summit to be held in Ufa of Russia next week. Chinese foreign ministry spokesperson Lu Kang announced Monday that Xi will attend the 7th BRICS (Brazil, Russia, India, China, South Africa) summit on July 8-9 and the […]