Tag: China
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Coronavirus: Companies tell workers ‘stay at home’
Companies in China have advised staff to work from home in an attempt to slow the spread of the deadly coronavirus. Businesses are also offering workers longer holidays, as well as telling employees returning from the most affected areas to stay away from work. It comes after the Chinese government extended the Lunar New Year…
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China to build US$20 billion ‘Industrial City’ in Central Region
ONEGO, an Investment Consulting Firm based in China, has begun negotiations with some key stakeholders to establish an ultra-modern industrial city in the Central Region. The city would be built on 10,000 to 25,000 acres of coastal lands with the capacity of accommodating more than 100 different manufacturing enterprises. It would have a minimum capacity…
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Classify $2bn bauxite barter deal as a loan – Dr. Lord Mensah
Economist Dr. Lord Mensah has backed calls seeking that Ghana’s $2bn bauxite agreement with China, be classified as a loan. His view follows the Minority in Parliament’s move to petition the International Monetary Fund (IMF) on the matter. The side is seeking that the Fund determines to decide whether the 2 billion dollar Chinese deal…
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Ghana to benefit from BRICS if … – Analyst
Ghana may have to adopt strategies that will reduce its dependency on China and benefit positively from its relationship with the Asian country. This is the advice from International Relations Analyst, Professor Oliver Stuenkel. Some have argued that Ghana’s relationship with the BRICS group comprising Brazil, Russia, India, China and South Africa has rather led…
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Trade Minister defends cement imports from China
Trade and Industry Minister, Dr. Ekwow Spio Garbrah has clarified that the regulation on cement importation was set up to control the importation of cement into the country and not to totally ban them as being asserted by cement manufacturers in Ghana. According to the Minister, the 500 thousand tonnes imported by Fujian, a Korean cement…