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Banks, Not Tanks: Regaining the Spirit of Nixon’s 1972 Visit to China

By Kevin P. Gallagher and Cecilia Han Springer 50 years ago, from February 21-28, 1972, U.S. President Richard M. Nixon visited Beijing, beginning the process of normalizing diplomatic relations between the US and China. In the Shanghai Communiqué issued during that historic ...

The Largest Chinese Business Association in Zimbabwe Looks For a Way Out of the Current Stand-off With Civil Society Groups

The largest Chinese business association in Zimbabwe that's been at the center of a bitter dispute with a coalition of 27 civil society groups published a lengthy proposal this week that listed a detailed set of recommendations for how its members can bring an end to the ...

World Bank Overtakes China as Kenya’s Creditor of Choice

There's been a major shift in Kenya's borrowing patterns over the past three years marked by a sharp increase in loans from the World Bank while lending from China has slowed considerably, according to new Treasury data. ...

China’s Relatively Small Share of Kenya’s Total Public Debt

Kenya's total public debt now stands at $72.2 billion with $6.92 billion or just 9% owed to Chinese creditors, according to new figures from the Treasury in Nairobi. When measured against Kenya's total external, China's share ...

New Research Aims to Debunk Misperceptions About Chinese Investment in Ethiopia

One of the common misperceptions about Chinese investment in Africa is there's no difference between state-owned and private companies. In many instances, they're referred to simply as "Chinese" companies without understanding that there are actually substantial differences among the various corporate actors that are now active in ...

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 ...

Cobalt Prices in China Surge Due to Supply Chain Problems in the DRC and South Africa

Cobalt prices jumped to a three-year high in Chinse trading this month due to mounting concerns over shipment delays in the DR Congo-to-South Africa supply chain. Shipments from the DR Congo account for 90% of China's sourcing for the metal that's ...

Surprise Surprise… Europe-Africa Summit Gets Poor Reviews in China

Last week's Europe-Africa summit largely passed unnoticed in China due largely to the fact that it coincided with the final days of the Beijing Winter Olympics and the extensive coverage related to the unfolding crisis in Ukraine. Now, though, some analysis ...

Chinese Phone Brands Competing at the High End of the Market in Kenya

One week after the Shenzhen-based African mobile phone giant Transsion announced that its TECNO and Infinix brands would both have 5G devices available in Kenya before the end of the year, Chinese rival Oppo launched its 5G smartphone with the debut of V23 5G.

Congo-born Chinese Siblings Raise $7.5 Million to Build Crypto-Powered Super App of Africa

The Congo-based cryptocurrency & blockchain (aka web3) start-up raised $7.5 million in seed funding. The company was founded by James Zhang and his sister, also born in the Congo, who saw the opportunity for blockchain-enabled applications in the gaming and education sectors that are becoming increasingly popular ...