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China, Tanzania deepen financial cooperation through wider RMB use_我的网站

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A | China and Tanzania are set to deepen financial cooperation and expand the use of the Chinese currency renminbi (RMB), or the yuan, in cross-border trade and investment, as the Bank of China on Tuesday hosted an RMB internationalization roadshow in Tanzania. The event, the 10th stop of the Bank of China's 2026 global use of RMB roadshow series, brought together more than 140 representatives from the Chinese Embassy in Tanzania, the Bank of Tanzania, major financial institutions and businesses from both countries to explore new opportunities for RMB cooperation. Speaking at the event, Chinese Ambassador to Tanzania Chen Mingjian said growing economic and trade ties between the two countries had created increasing demand for efficient, convenient and low-cost RMB-based settlement and financing services in Tanzania. "Bilateral trade between China and Tanzania reached 11.28 billion U.S. dollars in 2025, exceeding 10 billion U.S. dollars for the first time," Chen said, adding that trade reached 6.48 billion dollars in the first half of 2026. China has remained Tanzania's largest trading partner and a major source of foreign direct investment for many consecutive years, she said. Yun Yi, deputy general manager of the clearing department at Bank of China Head Office, said the bank would continue to leverage its global network and role as a major provider of cross-border RMB services to support the wider use of the Chinese currency in China-Africa trade and investment. He said the bank would further enhance RMB financial services and facilitate practical cooperation across a wide range of sectors, contributing to higher-quality China-Africa economic and trade cooperation. 。 Disgraced singer-songwriter R. Kelly was sentenced to 30 years in federal prison on Wednesday, marking the end of a six-week trial in Brooklyn that included testimony from dozens of witnesses, including those who accused the 55-year-old of both sexual and physical abuse.,The US Attorney's Office for the Eastern District of New York was aiming for Kelly to be given at least 25 years behind bars, per a June 8 memo. The filing set forth that Kelly, now 55, should spend the rest of his life behind bars due to the fact he "avoided punishment for almost 30 years and must now be held to account.",Kelly's attorneys argued their client should only serve a decade behind bars because he "experienced a traumatic childhood involving severe, prolonged childhood sexual abuse, poverty, and violence.”,During sentencing Wednesday afternoon, US District Judge Ann M. Donnelly stated to the court that “the public has to be protected from behaviors like this.”,"These crimes were calculated and carefully planned and regularly executed for almost 25 years," Donnelly said, as reported by the New York Times.,The judge recounted a number of testimonies during sentencing, highlighting Kelly's pattern of sexual abuse and violence against women, girls, and boys.,Kelly's legal team plans to appeal the sentencing.,"We were prepared for it," said defense attorney Jennifer Bonjean, who represented disgraced comedian Bill Cosby in a civil case he lost earlier this month. "We are now prepared to fight this appeal.",© AP Photo / Elizabeth WilliamsIn this courtroom sketch, R. Kelly and his attorney Jennifer Bonjean, left, appear during his sentencing hearing in federal court, Wednesday, June 29, 2022, in New York. The former R&B superstar was convicted of racketeering and other crimes. In this courtroom sketch, R. Kelly and his attorney Jennifer Bonjean, left, appear during his sentencing hearing in federal court, Wednesday, June 29, 2022, in New York. The former R&B superstar was convicted of racketeering and other crimes. © AP Photo / Elizabeth Williams,Federal prosecutors say Kelly used his "deep network" and "larger-than-life musical persona" to gain access to teenagers and young adults--"many of whom were particularly vulnerable.","The government has little doubt that if afforded an opportunity to offend again, the defendant would do so," prosecutors said earlier this month. "He poses a serious danger to the public.",Lizzette Martinez, a woman featured in the documentary 'Surviving R. Kelly,' was accompanied by her attorney Gloria Allred when she took the stand to provide a witness statement.,"January 1995 eventually changed me forever," Martinez testified, detailing that she was a 17-year-old aspiring singer when she met Kelly in a mall.,Now 45, Martinez told the court that she was "left in shock, confused, and in tears" when Kelly, who promised to mentor her, began to abuse her.,“Robert, you destroyed so many people’s lives,” Martinez told Kelly, who did not make eye contact.,YouTube Deletes Two R. Kelly’s Channels Amid Sex-Trafficking Conviction6 October 2021, 09:18 GMT,“I do not know how to put a price on all I’ve gone through,” she said. “I am now 45, a mother and I struggle with mental health.”,Rumors and even footage of Kelly's misdeeds with minors and women have been circulating since the 90s, around the same time Kelly married teenage R&B artist Aaliyah. Despite dozens of alleged victims coming forward over the decades, accountability appeared to avoid Kelly until the 2019 documentary "Surviving R. Kelly" coincided with the #MeToo movement.,The intersection of the #MuteRKelly and #MeToo movements drummed up public support for victims seeking litigation against the Grammy-award-winning singer. Kelly is still facing a number of criminal charges in Chicago, Illinois, and Minnesota.,Kelly has remained behind bars since his initial arrest in July 2019. The singer-songwriter did not take the stand during trial.。