China will host a summit between Iran and the Gulf Cooperation Council later this year, reports the Wall Street Journal. The summit with the six-country bloc (made up of Saudi Arabia, the United Arab Emirates, Oman, Bahrain, Qatar and Kuwait) will further solidify the normalization of diplomatic ties between Iran and Saudi Arabia, brokered by China this weekend.
The announcement follows December’s first summit between China and Arab states, where GCC leaders welcomed President Xi Jinping’s ...
Category: Special Economic Zones
In Crafting Special Economic Zones, Ethiopia and Vietnam Learned from China and Taiwan
By Keyi Tang The Taliban administration recently announced plans to convert former US military bases into special economic zones (SEZs) with the aim of promoting economic self-sufficiency through increased trade and investment. The Taliban are not ...
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 ...
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. ...
China’s Ambassador to Uganda Wants to Show a Different Side of Chinese Labor Relations in Africa
China's recently-arrived ambassador to Uganda, Zhang Lizhong, travelled to the central city of Kapeeka on Sunday to visit factories in the Liaoshen Industrial Park in what appears to be an effort, in part, to convey an alternative narrative to the one that's become popular ...
A New Chinese-Built Road in Nigeria Highlights Why Infrastructure is So Important For Local People and, More Importantly, Politicians
Both truckers and workers are celebrating the opening of a new, modern road that leads to the Ogun-Guangdong Free Trade zone in western Nigeria. The recently opened road has dramatically improved transport times for cargo and made it much easier for thousands of workers to get to ...
Analysis from Cobus van Staden
China Tries to Maintain Mideast Diplomatic Momentum With Summit Planned for Later This Year
Rise of Special Economic Zones in Africa: Can Agricultural Processing Be the Next SEZ Success Story?
By Sophia Kladaki and Jing Cai, Research Analysts at Development Reimagined “There is no one model of development” is one of the key principles, we, the team at Development Reimagined, try to champion when looking at key issues of economic growth ...
Reports of Arson Attacks Against Chinese Businesses in Nigeria and Arrest of Archbishop Protesting Treatment of Africans in Guangzhou Highlights Growing Tensions
Videos are spreading rapidly on Nigerian social media, purportedly showing hundreds of young men burning down Chinese-owned businesses and factories in the Ogun-Guangdong Free Trade Zone outside of Lagos in southwestern Nigeria. Although these videos were shot last week and posted ...
China Creates $5 Billion Export Fund with Bank in Morocco
China's Exim Bank announced plans to team up with Morocco's Attijariwafa Bank to create a $5 billion fund to promote African exports to China and to establish new industrial zones on the continent, according to a report published by Reuters. The ...
China's Special Economic Zones in Africa: Lots of Hype, Little Hope
A decade ago China announced it would develop a series of Special Economic Zones (SEZs) in Africa to boost trade and industrialization. Given the phenomenal success of China's SEZs that helped to spark the PRC's three-decades of history-making economic growth, not ...