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Day: September 8, 2021

Global Metals Market on Edge Following Guinea Coup and Mounting Concerns About China’s Economy

The coup in Guinea combined with new indicators that China's economy may be slowing is contributing to a period of considerable turbulence in global metals markets as investors try to gauge the impact of these trends on Chinese demand for bauxite, copper, and iron ore:

This Chart Explains Why China is So Concerned About Events in Guinea

 "The outcome of the coup attempt is unclear, but the political turmoil offers a test for this relatively new supply chain. Investors need to mull a range of possibilities, from a relatively peaceful power transfer in Conakry that preserves the bauxite status quo, to more disruptive scenarios ...

Guinea Coup Complicates China’s Desire to Wean Itself Off Australian Imports

So far, Guinean bauxite exports to China appear unaffected by last Sunday's coup and policymakers in Beijing are no doubt hoping it stays that way. They would like to avoid having to turn to Australia for further supplies of the critical metal used to manufacture aluminum.

Chinese Mining Interests Purportedly Block Congolese Government Investigators By Smashing Into Their Car

A new video surfaced today on Congolese social media where a DRC government delegation from Kinshasa claims that Chinese mining interests protected by FARDC soldiers blocked their inspection by intentionally causing a road accident. Soon after the incident, one ...

Video Appears of 9 Chinese Miners Arrested For Illegally Mining in Congo’s Far Eastern Ituri Province

The far eastern province of Ituri is emerging as one of the major hubs of illegal Chinese mining in the DR Congo where an unknown number of Chinese migrants and companies are operating without permits. A

Analysis from Cobus van Staden

Ghana Commissions First Roads Built Under Controversial Bauxite Deal

Ghana’s Vice President Mahamudu Bawumia this week commissioned the first road infrastructure built under a controversial $2 billion resource-for-infrastructure deal with the Chinese conglomerate Sinohydro. 

Bawumia was eager to claim the inauguration of 441 km of roads in the Cape Coast region as a win for his government, which has faced major economic headwinds over the last few months. It also papered over the fact that the project faced criticism for delayed implementation following the signing ...

New Research Finds That Mix and Matching Chinese Vaccines Boosts Protection Against COVID-19

Various new studies conducted in different regions around the world are all coming to a similar conclusion that Chinese vaccines made by CanSino, Sinopharm and Sinovac can boost immunity protection when either mixed with one another or other jabs like Astra Zeneca.

China’s New Man in Somalia

China's newly-appointed ambassador to Somalia, Fei Shangchao, presented his credentials to President Mohamed Abdullahi Farmaajo on Tuesday at the presidential palace in Mogadishu. Afterward, Fei and President Famaajo discussed the importance of the One China Policy which is ...

What to Expect From the Upcoming China-Africa Leaders Summit?

With the upcoming Forum on China-Africa Cooperation leaders summit now widely expected to take place sometime in November, scholars and analysts are starting to set the expectations for the outcomes of the triennial gathering that will likely be much more contentious this year than in the past. ...

Meet China’s Newest E-Commerce Live Streaming Stars: African Ambassadors

The Chinese government launched a new three-month promotional campaign leading up to the FOCAC summit to promote African goods to Chinese consumers on television and via live streaming on popular e-commerce apps. Rather than use celebrities, African ambassadors to China will instead appear on camera ...

TRANSLATION: What Chinese Companies Can Learn From Indian Pharmaceutical Companies in Africa

With health issues, specifically the production and distribution of COVID-19 vaccines, expected to be high on the agenda at the upcoming Forum on China-Africa Cooperation leaders summit that is scheduled to take place later this year in Senegal, there's heightened interest in China over how Chinese pharmaceutical ...