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Djibouti: China’s 1st Overseas Military Base construction begins

China’s Ministry of Defense confirmed for the first time that construction on “support facilities” for the People’s Liberation Army-Navy (PLAN) in Djibouti, on the Horn of Africa, has started. Colonel Wu Qian, a spokesperson for the Chinese defense ministry, said that “construction of infrastructure for the support facilities has started, and the Chinese side has dispatched personnel […]

Image Credit: wsj.com

Zimbabwe, China Sign 12 Landmark Deals

The implementation of Zim-Asset received a major boost and fresh impetus yesterday following the signing of 12 landmark agreements between Zimbabwe and China to fund vital projects in key economic sectors. Zim-Asset is the Government’s five-year economic blueprint targeting the creation of 2.2 million jobs, among other deliverables, by 2018. Two of the deals are […]