Week in Review: Sanctions, Supply Chains & Security

Three robbery-hijackings in a week have put South Africa’s Chinese community on edge. The latest incident occurred last week in the Humewood area of Port Elizabeth where like the previous two incidents an ethnic Chinese driver was forced off the road and robbed at gunpoint. The assailants also forced the victims to use their mobile phones to transfer funds to make an online transfer to their accounts. South African police are now warning people in the Chinese community to avoid carrying large sums of cash and even to reduce the amounts of money available in standard banks accounts. (SOUTH AFRICA DAILY — in Chinese)

Chinese President Xi Jinping is beginning to rally leaders from other developing countries to join his new “Global Development Initiative” (GDI) which he announced in his UN General Assembly speech last month. President Xi raised the issue on Wednesday in separate phone calls with Equatorial Guinean President Teodoro Obiang Nguema Mbasogo and Papua New Guinea Prime Minister James Marape. The GDI is a new 8-point policy framework that will guide China’s engagement with developing countries. (XINHUA)