World--China Economic Net

The Belgrade-Budapest railway project achieved a significant milestone as the tracks on the Novi Sad-Subotica section, built by Chinese contractors, were successfully connected on Thursday in the Serbian city of Backa Topola.

Growing public debt burden, shrinking fiscal space leave Africa at crossroads: UNECA2024-04-24
The growing burden of public debt due to climate-related disasters and the shrinking fiscal space because of increasing financing needs have put Africa at a crossroads, Claver Gatete, executive secretary of the United Nations Economic Commission for Africa (UNECA), has said.

Russian deputy defense minister detained on bribery charges2024-04-24
Russian Deputy Defense Minister Timur Ivanov has been detained on suspected bribery charges, the Russian Investigative Committee said on Tuesday.

Columbia University classes go remote as U.S. campuses divided over Israel-Hamas conflict2024-04-24
All classes at Columbia University went virtual starting on Monday as divisive demonstrations and debates around the Israel-Hamas conflict heated up on campus recently.

DPRK top leader guides simulated nuclear counterattack drill2024-04-23
The top leader of the Democratic People's Republic of Korea (DPRK) oversaw a simulated nuclear counterattack drill involving super-large multiple rocket units on Monday, in a bid to strengthen the prompt counterattack capacity of the country's nuclear force and raise a war deterrent, the official Korean Central News Agency (KCNA) reported Tuesday.

Biden promises quick provision of additional arms to Ukraine in call with Zelensky2024-04-23
U.S. President Joe Biden told Ukrainian President Volodymyr Zelensky over phone on Monday that his administration will soon quickly provide additional arms to Ukraine once a bill authorizing related funds clears Congress and becomes law.

Kenya to invest 1.9 mln USD to boost EV adoption in 3 years2024-04-23
Kenya Power, the country's electricity distributor, said on Monday that it will invest 1.93 million U.S. dollars in the next three years to spur the adoption of electric vehicles (EVs) in the country.

Pakistan's Karachi bans drones due to security threats2024-04-23
A week-long ban has been imposed in Pakistan's southern port city of Karachi on the use of drones due to "security threats to vital installations" by anti-state elements and hostile agencies, the local authorities said on Monday.

Philippines, U.S. kick off largest-ever joint military drills amid criticism2024-04-22
More than 16,700 Philippine and U.S. troops started their largest-ever annual joint military drills on Monday amid criticisms that the drills threaten regional peace and stability.

Feature: 69 years on, the Bandung Spirit remains alive in the Global South2024-04-22
"Few cities in history have won so many hearts and minds as Bandung," the late Honorary President of the People's Republic of China, Soong Ching Ling, commented on the Indonesian city.

Israel's Netanyahu says to "increase pressure" on Hamas2024-04-22
Israeli Prime Minister Benjamin Netanyahu on Sunday pledged to intensify the military crackdown on Hamas.

Confucius Institute library opens doors to Chinese culture for Tanzanian students2024-04-21
For Zema Ayubu Saidi, a 21-year-old student at Tanzania's University of Dar es Salaam, her fascination with Chinese culture has led her to immerse herself in Chinese books at the Confucius Institute library. She reads about modern Chinese society, literature, food, and her favorite, giant pandas.

UN's commission on science and technology elects new chair2024-04-21
Gambia's Muhammadou Kah was elected chair of the UN Commission on Science and Technology for Development on Friday.

Mideast countries disappointed by U.S. veto on Palestinian bid for full UN membership2024-04-20
Countries in the Middle East have expressed their disappointment over a U.S. decision to use its veto to deny Palestine's full membership in the United Nations (UN).

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Chinese tech behemoth enters the game amid global EV surging trend

"We have received more than 70,000 orders for our EV, SU7 sedan, as of April 20, close to Xiaomi's original full-year target for deliveries this year," CEO Lei Jun told at the ongoing 2024 Beijing International Automotive Exhibition, also referred to as Auto China 2024. "