Category: Business
Is the DRC Making Progress in Reshaping Its Controversial Chinese Deals? Maybe.
The Democratic Republic of Congo could be closer to overhauling two controversial Chinese deals. Finance Minister Nicolas Kazadi told Reuters the government is in active talks with Sicomines, a joint venture between the DRC’s state mining company Gécamines, and Sinohydro and China Railway Group, who were supposed to ...
Update on Riot at Chinese-owned Factory in Indonesia
New video footage is emerging of the riot at a Chinese-owned nickel smelter in Indonesia that killed two people over the weekend. Hundreds of security personnel were deployed to quell the protests by Indonesian laborers over poor working conditions. (REUTERS)
Fresh Data on How China Affects African Jobs
Job creation is one of the most important issues in Africa-China relations. Two fascinating recent research articles give different takes on how engagement with China affects African development. The first focuses on the controversial issue of the importation of Chinese workers ...
Apple’s “Out of China” Moves Continue Apace With MacBooks Now Set to Be Produced in Vietnam
Add MacBooks to the growing list of Apple products that the tech giant now plans to produce "Out of China." The Cupertino-based company will reportedly begin manufacturing the laptops in Vietnam in mid-2023, according to Nikkei Asia. Apple is steadily diversifying its ...
Why Vietnam and Other Asian Countries Won’t Replace China as an Electronics Manufacturing Hub Anytime Soon
There's growing excitement in some corners of Washington, D.C., that Apple's drive to shift production to other countries in Asia is a sign of progress in the ongoing effort to decouple U.S. manufacturing from China. While Apple's directives that its suppliers build ...
Google to Partner with Transsion, China’s Phone Giant in Africa
Google announced that it struck a global strategic partnership with Transsion, a Chinese maker of mobile phones beloved across the Global South. Together, the two will target emerging markets like Africa via cooperation on the Android operating system, online advertising, and Google Cloud services. ...
With Apple Reducing Its Manufacturing Dependence on China, Why is So Much Going to Asia and So Little to Latin America?
Apple is reportedly moving faster to relocate more of its production to countries outside China and reduce its longtime dependence on Taiwan-based contract manufacturing giant Foxconn. Eventually, the Cupertino-based electronics giant aims to ship 40-45% of iPhones from ...
Hunan Throws an Africa-China Fruit Trade Matchmaking Party
China’s Hunan province cemented its role as a hub for African agricultural trade via a recent matchmaking meeting to team up major Chinese fruit buyers with key African producers like South Africa and Kenya. It is an example of the innovative ways Hunan is boosting ...
How China Became a Global E-Vehicle Leader
While Western automotive industries are trying to figure out how to decouple their supply chains from the Chinese battery sector, Chinese commentators don’t seem particularly panicked. In fact, the e-vehicle industry is being touted as a national victory. This becomes clear ...
Tens of Thousands Cue for a Kilometer to Get Into Chinese Fast Fashion Pop-up Store in Brazil
Tens of thousands of Brazilians waited in line for hours last week for their chance to get into a pop-up store in São Paulo that was open for just five days by Chinese fast fashion giant Shein. On the last day, the line was more than a ...
Xi’s State-Centric Focus an Opportunity for Africa: Analyst
The South African analyst Steven Kuo wrote in a recent column in the financial daily Business Day that Chinese President Xi Jinping's third term heralds a shift towards state-owned enterprises: "That means there will be more Chinese private enterprises that are ...
Huawei Eyes Expansion in the DR Congo
A delegation of senior executives from Huawei's Africa division met on Friday with Congolese Prime Minister Jean-Michel Sama Lukonde at his office in Kinshasa to discuss "the DRC's digital development." No other details about the meeting were made available. Huawei is leaning ...