Day: October 4, 2019
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Transsion IPO Proves the Promise of the African Market
This week's stunning stock debut of the Chinese company that dominates the African mobile phone market is definitive proof in the promise of the African market. Shenzhen-based Transsion Holdings started trading this week on the NASDAQ-style Star exchange in Shanghai where its stock immediately shot up ...
Japan the EU Sign an Ambitious Deal to Build Infrastructure in the Developing World With an Eye on Countering China
Japan and the European Union signed a so-called "connectivity partnership" to build infrastructure and set development standards in joint projects around the world. While neither the agreement nor the leaders from either side mentioned China by name, it's widely believed that this deal is intended, in ...
The Blurry Lines Between Chinese Aid and Investment in Africa
For most countries, aid and investment are two entirely different things. Not with the Chinese, though, where until recently the country's aid programs were actually managed through the Ministry of Commerce. Because the Chinese have ...
Chinese Loans in Africa: Debt or Latent Aid?
China’s lending to developing countries often comes as part of massive financial packages for mega-projects. Debt sustainability comes into question for both parties involved. Some critics warn of debt traps where China is jockeying for political influence and ownership, while other ...