Hand-pressing Water Pump | Chinafrica - China Africa trade, China investment in Africa

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China’s No.3 steel mill, Wuhan Iron and Steel Company Ltd (600005.SS), posted a 90.43 percent rise in first-half net profit over a year earlier, due to strong domestic demand and higher steel prices, Xinhua reported on Sunday.
Wuhan Steel’s net profit was 963.53 million yuan ($142 million) for the first half of 2010, as its steel [...]

Two China New Energy Firms Eye $2 Billion in HK IPOs

China Huaneng Group Corp and Datang Corp, the country’s top power producers, plan to float shares of their renewable energy units in Hong Kong in offerings that could raise over $2 billion, sources close to the deals said on Tuesday, reported Reuters.
The deals are unfolding as China aggressively develops its renewable energy sector and the [...]

AU Says must Replace Western Partners with China

The African Union said on Saturday Africa must turn ever more to China for its development because conditions and checks often stalled the flow of funds from Western nations and the World Bank, reported Friday’s Reuters.
Maxwell Mkwezalamba, the AU’s economic chief, said Africa must end its reliance on Western money.
« We need to diversify our partners [...]

Hand-pressing Water Pump

The hand-pressing water pump is one of the most common kinds of water pumps that can be found anywhere in the world. Even today, this is the way how many people in certain parts of the world still get their daily supply of water. This is because hand-pressing water pumps are perhaps the most economical means for people to gain access to safe drinking water in most developing countries around the world. The hand-pressing water pump is usually situated within the town complex, right on top of a Water Well. This Water Well provides the people access to groundwater found several meters below the ground which is clean, safe to drink and free from pollution.