Category: Business

Training Africa’s EV Technicians: How Kenya is Preparing For E-Mobility Future

As electric vehicles (EVs) become more common on roads in African countries, the need for reliable service is also growing with forward thinkers already positioning themselves for the opportunity the e-mobility shift offers. In this ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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Israeli Military Suspends Use of Popular Chinese SUV Over Spying Concerns

The Israel Defense Force (IDF) reportedly recalled 700 Chinese-made vehicles, mostly the Chery Tiggo 8 Pro, used by senior officers in response to concerns that the cameras on the SUVs could be used to spy, according to two separate Israeli media reports.

South Africa Fast Emerging as a Major Hub For Chinese Auto Sales and Manufacturing

Chinese automakers are ramping up their sales outreach and manufacturing operations in South Africa, Africa's dominant auto market that accounts for somewhere between a third to a half of all sales on the continent. State-owned auto giant BAIC announced it will ...

As Indonesia Seeks to Restructure Rail Debt, China May Use Talks to Broaden Yuan’s Global Role

Indonesian debt talks with Chinese creditors over restructuring $7.3 billion of loans used to build the Southeast Asian country's high-speed railway are on track, according to sources on both sides, but there are some confusing signals emanating from the negotiations. Luhut ...

‘Smooth and Easy’: India and China Resume Direct Flights as Ties Improve

By Sailendra Sil The resumption of direct flights between India and China after a five-year suspension was hailed by arriving passengers Monday, a move important both for trade and a symbolic step as Asia's giants cautiously rebuild relations. ...

Indonesia Raises $842 Million in First-Ever Yuan Bonds

Indonesia raised about $842 million, equal to 6 billion yuan, by selling bonds to international investors denominated in China’s currency, the yuan, for the first time. The sale marks the first time Indonesia has borrowed in yuan. These yuan-denominated bonds ...

China Eyes Trilateral Currency Swap With Japan and South Korea

China is talking with Japan and South Korea about a trilateral currency swap, a person familiar with the matter said. The aim is to build a stronger regional financial backstop as U.S. tariff actions raise trade costs. According to ...

Indonesia Deepens Ties With China to Grow $3 Trillion Halal Market

Indonesia is strengthening its position as a global center for halal business, a market currently worth $3 trillion and projected to reach $4.5 trillion by 2030. Halal refers to products and practices that comply with Islamic law, including food, pharmaceuticals, cosmetics, and financial services, ensuring they ...

As Chinese Imports Flood In, Ethiopia’s Weavers Fight for Survival

By Dylan Gamba Behind the looms of a workshop in the heart of Addis Ababa, dozens of weavers deftly repeat the same motions to craft traditional dresses -- a centuries-old skill now threatened by Ethiopia's economic hardships.

India Forced to Pay Russia in Yuan, Handing China an Unexpected Win

China stands to gain from a surprising twist in global energy trade: India, long a rival and major oil importer, is now being forced to pay Russia for crude in Chinese yuan (RMB), a move that strengthens the yuan’s global role and indirectly supports China’s currency in ...

China Makes First Move to Challenge Iron Ore Pricing Power. Yet Reality Lags Online Hype

China buys over 70% of the world’s seaborne iron ore—by far the largest share of any country. By simple market logic, the biggest buyer should set the price. Yet for decades, China has had almost no say over pricing, forced instead to accept terms set by foreign ...

China EVs in Indonesia: Chery Tops September, Local Assembly Rises

The competition among China's EVs in Indonesia tightened in September. Indonesia’s automakers’ association, Gaikindo, announced that Chery tops September, BYD still leads the year, and the contest is shifting from imports to local assembly. Local assembly can cut taxes ...

Chinese Companies Are Changing the Way They Operate in Africa

By Elisa Gambino and Costanza Franceschini For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost $50 billion to African transport ...
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