Category: Economy
Lots Going on This Week in the China-Kenya Business Development Space
A new Kenya-China Chamber of Commerce (KCCC) launched this week in Nairobi to help foster closer ties between the local Chinese business community and Kenyan stakeholders. The new group will be led by the Nairobi business executive Tim Chen, who said the main purpose of the group is ...
China Reaffirms Commitment to Redistribute Its Share of the IMF’s New Special Drawing Rights
China's top diplomat for sub-Saharan Africa, Wu Peng, tweeted on Tuesday that Beijing remains committed to redistributing its share of the International Monetary Fund's recent issuance of $650 billion in new so-called "Special Drawing Rights" (effectively the currency of ...
This Year’s FOCAC Should Focus on Development Projects That Are Both Economically and Environmentally Sustainable
Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists, and business leaders about what they hope will emerge from the FOCAC event in Dakar. If you ...
As the World Forgets About the Debt Crisis, More African Countries Struggle to Stay Afloat Amid Rising Servicing Costs
Last year at this time, expectations ran high that Africa's largest creditors in Beijing, and among the Paris Club members were all motivated to restructure their outstanding loans to reduce the burden on some of the world's poorest countries. Well, it ...
Why Pragmatism, Not Ideology Drives Chinese Economic Engagement in Africa
In these contentious times, China is often accused of exporting its statist economic model to Africa and other developing regions as part of a broader ideological agenda to create a new Sinocentric international order. But Tsinghua University Professor Tang Xiaoyang argues
Tensions are Rising Between Chinese Mining Companies and Rural Communities in Zimbabwe
This year has seen steadily rising tensions between Chinese companies and local communities in rural Zimbabwe. These communities live in areas where Chinese firms have been expanding their granite, diamond, and other mining and construction activities. There's ...
World Bank Chief David Malpass on Debt Transparency and the Challenges of Working With the Chinese
World Bank President David Malpass pushed back against the suggestion that China engages in predatory lending to developing countries and instead described the lack of transparency in working with China as a "challenge." Malpass made the comments during an interview on Sunday with CBS Face the Nation ...
Congolese Workers Face “Dire Conditions” in Foreign-Owned Cobalt Mines, Says NGO
DR Congo's cobalt mining sector is notorious for worker abuse and exploitation. Until now, most of the focus has been on the informal, or artisanal mines where there is no government or corporate oversight, and the presence of child laborers has been well-documented over the years.
FOCAC PERSPECTIVES: This Year’s FOCAC Will Serve as a “Moment of Truth” For China-Africa Relations
Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists, and business leaders about what they hope will emerge from the FOCAC event in Dakar. If ...
FOCAC PERSPECTIVES: African Civil Society Stakeholders Hope FOCAC Will Lead to a More Inclusive Dialogue With China That Promotes Industrialization and Sustainable Development
Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists and business leaders about what they hope will emerge from the FOCAC event in Dakar. If you ...
Daily Life For Chinese Residents in Addis Ababa is Becoming Increasingly Difficult
With the security situation in the Ethiopian capital Addis Ababa becoming increasingly tenuous, supply chains for daily necessities are becoming strained making it difficult for everyone, including the city's Chinese diaspora community, to secure enough food, water and other daily necessities. The Guangzhou-based news channel Southern Metropolis ...
Journalists, Scholars, and Analysts Share What They’d Like to See Emerge From the Upcoming FOCAC Conference
In the run-up to the Forum on China-Africa Cooperation Conference that will take place in Dakar, Senegal at the end of the month, CAP is soliciting a broad swathe of experts to share their views on what outcomes they would like to see from the event, and ...






