Follow CGSP on Social Media

Listen to the CGSP Podcast

South Africa’s Naspers Denies Rumors It Plans to Dump Tencent Shares

South African tech investment firm Naspers denied rumors that it is in talks with the Chinese state-owned investment company CITIC to sell its $70 billion stake in the Chinese tech behemoth Tencent. The Cape Town-based company issued a statement ...

Undercutting the Amazon? Deregulation in the Wake of South America’s Chinese Investment Boom

By Rebecca Ray As Brazilians head to the polls at the end of this month for a presidential runoff between current President Jair Bolsonaro and former President Luiz Inácio Lula da Silva, one of the many issues on the table is management of the Amazon rainforest. ...

Netting Investment Flows? Why Aquaculture Has Been Slow to Catch on in Chinese Overseas Investment

By Rebecca Ray China’s demand for imported seafood is booming, projected to double by 2030. Domestically, consumer demand is primarily satisfied by aquaculture, the raising of aquatic plants and animals for food, but the sector has stagnated as the Chinese government ...

Don’t Be Misled by All the Headlines About Apple Shifting Its Manufacturing out of China

Throughout much of 2022, Apple has been diversifying its manufacturing operations in Asia beyond China. India and Vietnam, in particular, appear to be the primary beneficiaries. This year alone, in fact, Apple shipped more than a billion dollars worth of iPhones from its suppliers' new ...

Can Shenzhen’s Special Economic Zone Miracle Offer Insights to Africa’s Economic Recovery?

The COVID-19 pandemic has affected every country and its citizens, though it has not impacted them equally, particularly those in the African continent. Makhtar Sop Diop, a Senegalese economist, and politician who has been serving as the Managing Director of the International Finance Corporation since 2021 wrote ...

Analysis from Cobus van Staden

Top State Department Official Says China’s Debt Relief Offer to Sri Lanka is “Not Enough”

Another senior U.S. diplomat has accused China of not doing enough to resolve Sri Lanka’s debt renegotiation, a sign that the island’s financial crisis is increasingly being framed geopolitically.
U.S. Under Secretary of State for Political Affairs, Victoria Nuland said: “What China has offered so far is not enough. We need to see credible and specific assurances that they will meet the IMF standard of debt relief.”

Get a daily email ...

Chinese Motorcycle Factory Opens in Angola

A new Chinese motorcycle factory has kicked off in Angola, one of several new automotive ventures in African countries. The Chinese state-owned heave vehicle company Sinotruk announced a new $20 million assembly line in Tanzania, while China's First Automotive Works (FAW) has also started producing trucks in ...

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 ...

The Tsingshan Nickel Crisis Couldn’t Have Come at Worse Time for Zimbabwe

News that Chinese steel and mining giant Tsingshan Holdings Group now faces a staggering $8 billion trading loss over short sales of nickel is no doubt prompting considerable anxiety among policymakers in Zimbabwe. Just this week, Tsingshan's local subsidiary in Zimbabwe, ...

South Africa’s Limpopo Province Approves $10 Billion Chinese-Finance Coal Project… But There’s Just One Very Small Problem

South Africa's Limpopo Province gave the go-ahead last week for a $10 billion industrial project that includes a 4,600-megawatt coal power plant, a coking facility, and a steel plant. The approval is critical for the development of the controversial Musina-Makhado Special Economic Zone. ...

New Research Aims to Debunk Misperceptions About Chinese Investment in Ethiopia

One of the common misperceptions about Chinese investment in Africa is there's no difference between state-owned and private companies. In many instances, they're referred to simply as "Chinese" companies without understanding that there are actually substantial differences among the various corporate actors that are now active in ...
Page 1 of 121212