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China to Invest Another $40 Billion in Nigeria’s Oil Pipeline

Jan 13, 2017 11:52 PM EST

China is investing an additional $40 billion in Nigeria's oil pipeline, according to its Foreign Affairs Minister Wang Yi on Wednesday at a bilateral meeting with Nigeria's Foreign Affairs Minister Geoffrey Onyeama in Abuja.

The Philippine government expressed gratitude to China for helping out Manila to boost its economy

Philippine President Duterte Takes Home a Bonanza of Deals From China Worth US$24 Billion

Desiree Sison |

Oct 21, 2016 07:34 AM EDT

On the last day of his state visit to China, Philippine President Duterte on Friday signed more than 20 Memoranda of Understanding MOU) agreements with China worth US$24 billion. The deals included trade, investment, and other areas of mutual interest.

China Cautioned Against low Grade Infrastructure Investments

Rina S. |

Sep 13, 2016 11:43 AM EDT

Low-quality infrastructure investments may cause severe damage to China's economy and that of the globe. According to a study conducted by the Said Business School, more than half of the infrastructure investments made in China destroyed economic value rather than creating it.

China allocated over 4 trillion yuan to improve its apparently well organized infrastructures.

China Allocates Over $700 Billion to Improve Infrastructure

Charissa Echavez |

May 15, 2016 11:08 AM EDT

The Chinese government has allocated 4.7 trillion yuan ($723.8 billion) to aggressively improve the country's infrastructure within three years.

A Chinese woman wears a mask as she crosses a foot-bridge

China Communications Construction Company Honours Foreign Employees

Alexis Villarias |

Feb 03, 2016 05:21 AM EST

China Communications Construction Company Ltd. (CCCC) has honoured ten of its best employees from overseas.

China Gives Green Light For CNY250B Infrastructure Projects To Boost Growth

Bianca Ortega |

May 19, 2015 08:32 AM EDT

China has given the green light for infrastructure projects worth almost CNY250 billion (HK$317 billion) as part of its bid to boost its economic growth despite the slowdown it is experiencing, according to a top economic planner.

China to Build $12 Billion Railway in Nigeria

Kat De Guzman |

Nov 21, 2014 01:49 AM EST

In China's single largest overseas contract, the country will build a railway system stretching for more than 850 miles in Nigeria.

Facebook Opens New Data Center In Central Iowa

David Curry |

Nov 16, 2014 11:13 AM EST

Facebook has opened up a new data center in central Iowa, allowing them to store millions of user's information without the extra cost.

China, Myanmar Sign Deals Worth $7.8 Billion

David Curry |

Nov 15, 2014 11:57 AM EST

In a move to cooperate better with its neighbors, China has announced $7.8 billion in deals with Myanmar, covering energy, agriculture, telecommunications, infrastructure and finance.