Category: Business

Western companies like Apple aren’t alone in trying to limit their exposure to China. Chinese companies are increasingly eyeing overseas expansion too. While some of these moves are due to cost factors like lower salaries in countries like Bangladesh, increased geopolitical tensions are playing a growing role.

The newly-announced deal between the Chinese mining giant CMOC and the DRC’s state mining company Gécamines is raising many questions. We asked our Francophone editor Christian-Géraud Neema, who is also an expert on DRC mining, to clue us in: WHAT DO ...

As China faces increasing criticism around perceptions that it is holding up debt relief processes, its state media seems to be trying out new talking points in its messaging on the issue to Global South audiences, as seen in a recent article in the state-owned tabloid Global Times: ...

The Australian-based company Sundance Resources is suing the China-linked Australia-based AustSino for malpractice and corruption over the Mbalam-Nabeba iron project on the border of Cameroon and the Republic of Congo. The court case has led to eye-popping allegations, including that the dispute ...

Brazil’s President Luiz Inácio Lula da Silva arrived in Shanghai on his way to a meeting with Chinese President Xi Jinping in Beijing later this week. His time in Shanghai will include attending the inauguration of former Brazilian president and Lula ally Dilma ...

By Kevin Gallagher, Marina Zucker-Marques and Barbara Fritz A recent World Bank paper­ – widely echoed by financial outlets – has raised concerns about a supposed Chinese “emerging system of cross-border bailouts”, composed mostly of currency swap agreements. To the authors, Chinese swaps are opaque and costly, ...

As geopolitical tensions rise, external partners want a say in African development choices. This is particularly true for digital expansion, where Global South countries are frequently framed as battlegrounds between Chinese companies like Huawei and Western competitors. However, African policymakers are gaining ...

When Prime Minister Anwar Ibrahim went to Malaysia's parliament this week to brief lawmakers on his recent trip to China, he emphasized his discussions with President Xi Jinping about transitioning away from relying solely on the U.S. dollar for trade. “There ...

A similar split of opinions exists in China as in the West between experts who see greater yuan internationalization economically and those who frame the issue in geopolitical terms. These differences of opinion are playing out this week across different Chinese ...

The Ford Motor Company is teaming up with Indonesia's PT Vale and Chinese mining giant Zhejiang Huayou Cobalt to buy the Pomalaa nickel processing plant in Indonesia. The $4.5 billion venture deepens the U.S.-automaker's stake in the battery metal supply chain in ...

The Southwestern Chinese industrial mega-city Chongqing hosted a delegation from South Africa last week to discuss how the two sides can further increase the $600 million of trade the two sides did last year.  The event highlights how sub-national actors like ...

Canadian mining giant Ivanhoe released its 2022 full-year earnings on Monday that revealed the company made a robust profit of $434 million from the Kamoa-Kakula copper mine in the Democratic Republic of the Congo, which it jointly operates with Chinese mining major Zijin Mining Group.