RMB use expands in Africa amid growing financial connectivity and trade
* As China-Africa trade continues to expand, the RMB is being used not only for trade settlement, but increasingly for payment and clearing and, more recently, for financing. * Deepening…
Arab, Muslim countries affirm that establishing a Palestinian state is a condition for peace with Israel
The statement, which was also signed by Turkey, the UAE, Qatar, Jordan, Egypt, Pakistan, and Indonesia, warned about turning Palestinian emigration into a real policy. Foreign ministers of Saudi Arabia,…
China: Eight central financial enterprises unveil plans to bolster capital, support economy
Eight central financial enterprises, including the Industrial and Commercial Bank of China (ICBC), on Sunday unveiled plans to replenish capital, with the funds to strengthen their core Tier 1 capital.…
Pakistan: Energy sector reforms required
Federal Minister for Power Awais Ahmed Khan Leghari and the Federal Minister for Petroleum Pervaiz Malik, in a joint video message this past week, apologized for load shedding in the…
Think tank report highlights value of China’s new popular literature, art
New popular literature and art, characterized by broad public participation in the era of the internet and AI, are helping China better express itself and contribute to a fairer global…
Israel: IDF reportedly strikes southern Lebanon after warning it would target Hezbollah site
The Israeli army demanded that residents of Deir al-Zahrani in southern Lebanon leave a specific zone ahead of strikes against Iran-backed Hezbollah. “Hezbollah’s terrorist activity compels the IDF to act…