WAMU 88.5 : News

Filed Under:

D.C. Partners With Chinese Bank To Spur Economy

Play associated audio

D.C. officials are announcing a memorandum of understanding with the Export-Import Bank of China. They say the agreement will help increase trade opportunities with the country, open up funding for Chinese companies looking to invest in D.C., and help spur investment in the city's hot real estate market.

Sources in the Wilson Building say the agreement also potentially paves the way for the bank to help finance the expansion of the city's streetcar system.

In a statement, Mayor Vincent Gray says as the District diversifies its economy, the city needs to become less dependent on the federal government and increase its global portfolio.

Later this month, Gray and other city officials are heading to China to renew D.C.'s sister-city relationship with Beijing and meet with foreign investors about potential opportunities in the city.

NPR

Opulent And Apolitical: The Art Of The Met's Islamic Galleries

Navina Haidar, an Islamic art curator at the Met, says she isn't interested in ideology: "The only place where we allow ourselves any passion is in the artistic joy ... of something that's beautiful."
NPR

Here's The Buzz On America's Forgotten Native 'Tea' Plant

It's called yaupon. Native Americans once made a brew from its caffeinated leaves and traded them widely. With several companies now selling yaupon, it may be poised for a comeback.
WAMU 88.5

Fannie Lou Hamer and the Fight for Voting Rights

Kojo explores the life and legacy of Fannie Lou Hamer, a poor Mississippi sharecropper who became an outspoken voice in the civil rights movement and the fight for voting rights.

WAMU 88.5

Computer Guys and Gal

Chrysler recalls cars to boost their cybersecurity. Microsoft debuts its new Windows 10 operating system. And navigation tech could bring us robotic lawn mowers. The Computer Guys and Gal explain.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.