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Real-time News
On July 14, Foreign Ministry Spokesperson Lin Jian held a regular press conference. Lin Jian stated that the Tanzania-Zambia Railway (TAZARA) is a historical monument to China-Africa friendship. More than 50 years ago, despite its own severe economic difficulties, China resolutely decided to assist in the construction of the TAZARA, providing strong support for the national liberation and development of countries in the region. The people of China, Tanzania, and Zambia joined hands and worked shoulder to shoulder during the construction of the TAZARA, jointly forging the great spirit of the TAZARA and leaving a valuable spiritual legacy for future generations. Lin Jian stated that, standing at a new historical starting point, China is willing to work with Tanzania and Zambia to jointly promote the revitalization and prosperity of the TAZARA railway, jointly building a road of freedom, development, friendship, happiness, green development, and harmony, helping the three countries and other countries in the region to jointly build modernization, and injecting new and inexhaustible impetus into the construction of an all-weather China-Africa community with a shared future in the new era.July 14th - A recent Bank of America global fund manager survey shows that global investor sentiment has risen to its highest level since February. Fund managers are more optimistic about the global economic outlook, AI-related spending, and the Federal Reserves dovish policy. The survey shows that fund managers cash allocation ratio has fallen to an "extremely low level" of 3.6% from 4.1% in June, triggering a contrarian sell signal from Bank of America. Meanwhile, a record proportion of respondents expect a "no-landing" scenario for the global economy. The survey was conducted from July 2nd to July 9th, between the temporary ceasefire agreement reached between the US and Iran and the renewed escalation of the conflict.July 14 - Due to rainfall, the inflow to Fengman Reservoir (Jilin Fengman) on the Songhua River in Jilin Province reached 10,900 cubic meters per second at 2 PM on July 14. According to the regulations for numbering floods in major rivers, this flood is designated as "Songhua River Jilin Section 2026 No. 1 Flood".Russian local authorities say the fire at the Afipsky oil refinery has been extinguished.The European oil and gas index hit a one-month high, up 1.3% at its latest.
