News

Zimbabwe is witnessing an influx of Chinese investments in the mining sector, as the resource-rich southern African country seeks to increase mineral production and maximize beneficiation in order to get better returns from its vast mineral wealth.

China will subsidize its oil refiners and suspend the raising of domestic fuel prices if global oil prices surpass 130 U.S. dollars a barrel, according to an official notice made public on Wednesday.

On the afternoon of June 22, Mr. Peng Qiming, President of China Mining Association & Chairman of the Organizing Committee of the China Mining Conference and Exhibition 2022, met online with H.E. Mr. Siyabonga C. Cwele, Ambassador of the Republic of South Africa to China. 

Climate change is a leading agenda item at this year's World Economic Forum in Davos.

Business representatives from the BRICS countries pledged Wednesday to enhance multilateral cooperation to safeguard the common interests of emerging markets and developing countries.

The energy supply in China has been generally stable and in good order this year despite rising external pressure, an official with the country's top economic planner said Tuesday.

BEIJING -- As the world economy struggles with a lingering pandemic and increasing headwind, China is expected to continue to act as a stabilizer for the global economy with its sound long-term fundamentals.

CAPE TOWN - South African President Cyril Ramaphosa on Tuesday said the country, like all developing economies, has to be given the necessary developmental space as it takes an energy transition amid energy insecurity.