Xi seeks global tech cooperation

Video Player Close LA PAZ, March 1 (Xinhua) -- The COVID-19 pandemic is a global problem that must be resolved through international cooperation, Bolivia's Deputy Minister of Foreign Trade and Integration Benjamin Blanco has said. "It is of no use for a country to be able to be vaccinated if the rest of the world is not immunized. The virus does not respect borders," Blanco told Xinhua in an exclusive interview. Bolivia's vaccination campaign with vaccines developed by Chinese pharmaceutical firm Sinopharm places the country "well above" the average in Latin America in terms of the percentage of population potentially covered, he said. Thanks to solidarity and strategic partnership between Bolivia and China, the South American country was able to secure the vaccines that will place it among the five regional countries with the highest percentage of the population vaccinated, Blanco said. With the Sinopharm vaccines, Bolivia launched the biggest immunization campaign in ... » Learn More about Interview: Pandemic a global plight requiring joint solution, says Bolivian official

By Elias Biryabarema KAMPALA: Ugandan state auto firm Kiira Motors Corporation says it will commence producing buses by July and aims to put out 1,030 units this year, as it moves to enter a market now served by big players like Isuzu, Man and Taata. The east African country hopes to ride on the publicly-owned KMC to compete with neighbours including Kenya and Rwanda to build domestic auto industries and grab a share of growing demand for new vehicles in the region. "We are targeting July this year," said KMC Chief Executive Officer Paul Isaac Musasizi in an interview, referring to intended vehicle production. "We have had discussions with business partners, we are now looking at 1,030 buses by the end of this year." KMC, founded out of engineering projects by students at Makerere University, has been researching solar, electric and other vehicle models. The bus will be its first commercial product. It currently operates on a $40 million government grant, but hopes to ... » Learn More about Ugandan auto firm aims to start producing buses this year

(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said. The team will sit within the U.S. bank's Global Markets division, the person said. The desk is part of Goldman's activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies, the person said. As part of this work, the bank is also exploring the potential for a bitcoin exchange traded fund and has issued a request for information to explore digital asset custody, the source said. The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year. The largest cryptocurrency is seen by investors ... » Learn More about Goldman Sachs restarts cryptocurrency desk amid bitcoin boom

Xi calls for persistent efforts from Party to continue winning people's support Xi Jinping, general secretary of the Communist Party of China Central Committee, has encouraged young officials to faithfully pass on the Party's glorious traditions and fine work style and strive to make new accomplishments in the country's journey to build a modern socialist nation. He also underscored the need for young officials to keep improving their willpower, perseverance and self-control, while addressing the opening ceremony of a study session on Monday at the Party School of the Central Committee of the CPC attended by young and middle-aged officials. The Party must make persistent efforts to give play to its glorious traditions and fine work style if it is to continue to win the support of the people, said Xi, who is also Chinese president and chairman of the Central Military Commission. He warned of difficulties and challenges ahead even as China has secured historic achievements in ... » Learn More about Young officials urged to carry on CPC virtues

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By Dhwani Pandya Dilip Buildcon Ltd. , one of the top highway builders in India, expects revenue to double in the next 4-5 years on an infrastructure push by Prime Minister Narendra Modi’s government, Rohan Suryavanshi , the company’s head of strategy & planning, said in an interview with Bloomberg TV. “We should be looking at 15%-20% growth year-on-year, which will lead us to double our sales in next 4-5 years,” he said. “We should be looking at an increasing order book.” India announced the highest ever outlay of 1.18 trillion rupees ($16 billion) for the development of highways and roads in its 2021-22 budget. A custom Bloomberg gauge of Indian road builders has gained 27.6% since the budget was presented on Feb. 1 as compared to a gain of 2.99% in the benchmark BSE Sensex. Dilip Buildcon has jumped 53% during the period. The Bhopal-based engineering procurement and construction company has focused on selling assets as soon as they near completion. The ... » Learn More about Modi’s infra push likely to double this highway builder’s revenue in 4-5 years