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China’s Total Global Trade Passed $6 Trillion For The First Time Last Year With Africa’s Share Set to Remain At Around 4%

For the first time, China's external trade in 2021 surpassed $6 trillion in a single year, up 21% compared to the previous year, according to new data from the General Administration of Customs (GAC) released on Friday. Last year's ...

Ghana Tries to Defend Itself Against Debt Critics

The Ghanaian Finance Ministry is angrily refuting recent reports by Bloomberg News reflecting the increasingly widespread perception in the global financial community that the country is now over-extended and facing debt distress. 'There are some serious factual errors in the article, ...

If You’re Going to Criticize China For Its Lending Practices, Make Sure to At Least Get Your Facts Right

The central bank in Sri Lanka will make a $500 million payment on Tuesday to bondholders, the first tranche of $4.5 billion in debt servicing obligations that Colombo is due to pay this year. The South Asian island state ...

China and the Burgeoning Debt Crisis in Africa

With more than 20 African countries now approaching or confronting debt distress, according to the IMF, a trio of scholars at the London-based international affairs think tank Chatham House mapped out what they think needs to be done to address the situation.

Meet the CityBug: The Newest Chinese-made EV to Go On Sale In South Africa

South Africa lags far behind other middle-income countries in the availability of electric vehicles but Chinese brands like Eleksa are hoping to change with the introduction of new cars like the $15,000 Citybug. The two-door compact seats four and has a ...

Analysis from Cobus van Staden

Joint Battlefield Training to Raise Pressure in South China Sea

The U.S. military will reportedly introduce joint combat training with the Philippines in June. Major General Marcus Evans, commander of the U.S. 25th Infantry Division, told the Associated Press that the training would increase the Philippine army’s ability to fight in challenging jungle conditions.
The training will run from June 1 to 10. At Manila’s request, the training will be held in Philippine territory for the first time. It will involve about 2,000 people ...

Chinese Auto Majors See South Africa as a Key Market to Compete Head-On With Global Rivals

South Africa's intensely competitive car market may provide a glimpse into the future of global automotive trade with Chinese brands successfully competing with rivals from the U.S., Germany, Japan, and South Korea. In fact, SA is one of the only markets in the world where a Chinese ...

6 Chinese Nationals Arrested in Kenyan Crackdown on Illegal Immigration

Kenyan immigration arrested six Chinese nationals last week as part of a broader crackdown against foreigners illegally living and working in the country. The six range in age between 25 and 30 years old, and were detained after authorities received a local tip.

Two Robbers Promptly Arrested After Attempting to Break Into Chinese UN Peacekeeping Base in the DRC

Two suspected robbers were quickly arrested after they scaled the security fence surrounding a Chinese UN peacekeeping base in the South Kivu city of Bukavu in the eastern Democratic Republic of the Congo. The incident took place last Thursday when the ...

From British Cotton to Zanzibar Pepper — The Promise of Huge Fortunes From the China Market is Still Alluring

Centuries ago early British imperialists recognized the vast potential of the China market. They fantasized that if every Chinese man added just one inch to their shirts, it would have the cotton mills of Manchester spinning for decades. That dream of ...