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Day: March 10, 2022

China Moly’s CEO is Back in the DRC For a Visit That Raises More Questions Than Answers

Sun Ruiwen, the powerful CEO of mining giant China Molybdnenum (aka China Moly) was back in Kinshasa this week for a low-profile visit with DR Congo Prime Minister Sama Lukonde. China Moly operates the Tenke Fungurume (TFM) mine, one ...

New Senate Resolution Prepares Ground for U.S.-Africa Summit With an Eye on Countering Chinese Influence 

The United States is moving forward with plans for a U.S.-Africa leaders’ summit, focused on containing Chinese and Russian influence on the continent. The China Global South Project received a copy of a recent Senate Resolution 538, which fleshes out the summit plans, following 

How Shenzhen-based Transsion Won Africa’s Mobile Phone Market

Africa is one of the world’s last emerging mobile phone markets, and one Chinese company is making heaps of money there. Transsion, a Shenzhen-based maker of affordable phones posted $743 million in profit last year, up 45.6% year-on-year. While ...

Sinotruck to Open New Assembly Plant in Tanzania

Chinese state-owned heavy vehicle manufacturer Sinotruck announced this week that it plans an assembly plant in Tanzania. Sinotruck’s investment in the plant comes to $20 million and will create 500 jobs. One additional benefit from the new plant, and others ...

How Will Ukraine Affect China’s Global Role? Arab Columnists Weigh In

The conflict in Ukraine is causing a flurry of analysis in the Arabic-language media, and a lot of this writing also focuses on how the conflict is affecting China’s global role. One of the dominant themes is that the Ukraine crisis ...

Analysis from Cobus van Staden

Argentina Scores $924 Million in Deals from China

Argentina’s Economy Minister Sergio Massa managed to secure almost a billion dollars‘ worth of investment deals on the first leg of his trip to China.
He is on an economic rescue mission, with talks expected to renew and extend a currency swap agreement in order to infuse much-needed foreign money into the Argentinian economy.

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