Category: Business

From Chile to South Africa to the Philippines, stock markets across the developing world fell sharply on Tuesday after Chinese customs authorities released worse-than-expected trade data. Chinese exports plunged 14.5% in July compared to the same time last year, the ...

The Chinese state-owned arms manufacturer Norinco opened a new sales office in the Senegalese capital Dakar this week as part of the company's effort to expand its business in West Africa. The company is already a major supplier to militaries ...

Chinese mining giant CMOC announced that it has settled a years-long dispute with the DR Congo's state-run mining company Gécamines that both sides hope will conclude a bitter feud between the two firms over royalty payments from the massive Tenke Fungurume mine (TFM), one of the world's ...

China's new envoy to the Democratic Republic of the Congo, Zhao Bin, traveled to the southern Lualaba province last week for his first tour of a Chinese mining facility. Zhao led an embassy delegation to visit the Lualaba Copper Smelting Co., Ltd, ...

Nigerian TikTok users couldn't believe what they were seeing when a China-based importer who goes by the TikTok handle @timi_perfection posted a video that laid out everything he bought for just 50,000 nairas (about $63.) Dozens of comments expressed doubt over how much ...

“The United States is ‘all in’ on Africa’s future.” This was the line from President Joe Biden at the U.S.-Africa Business Forum in December. This linking of Africa and “future” is a tic of our time. It play-acts inclusivity while deftly stepping past the fact that ...

By Lukas Fiala  Walking through the halls at the Paris Air Show, the world’s largest aerospace exhibition, last week demonstrated once more the emergence of a novel chapter of China’s global outreach: high-tech aeronautics and aerospace cooperation. From the Aviation Industry ...

The biggest annual event in Africa-China trade kicks off in Changsha, Hunan Province, on Thursday, running until July 2. The third China-Africa Economic and Trade Expo is notable for two key reasons. First, it signals the full resumption of Africa-China trade relations ...

Chinese electric vehicle start-up Nio was recently near bankruptcy but is now on the rebound, helped in part by a sizable investment from CYVN Holdings, a smart mobility-focused investment fund majority-owned by the Abu Dhabi government. CYVN announced on Tuesday that it ...

The following is a summary translation of an article on Project Multatuli, written by journalist Permata Adinda, on the plights of nickel workers at Chinese-owned nickel firm Gunbuster Nickel Industry (GNI) in Central Sulawesi, Indonesia.  At about ten in the evening ...

The New Development Bank (aka the "BRICS Bank") wants to reduce the use of the U.S. dollar when it finances projects in developing countries. The head of the Shanghai-based lender, Dilma Rousseff, told the bank's annual meeting this week that the ...

Chinese auto major Geely, the country's fourth largest, is weighing a major expansion in Southeast Asia with the creation of a sales and manufacturing hub in Thailand. Thailand's Board of Investment met with five major Chinese EV makers, including Geely, during ...