Category: Economy

Two-way China-Africa trade reached $185.2 billion in the first nine months of the year, according to new data provided by Chinese Vice Commerce Minister Qian Keming. At this pace, the two regions will easily surpass last year's total of $187 billion. Chinese investment in Africa during the same period increased ...

This year's Forum on China-Africa Cooperation (FOCAC) conference will take place amid considerable uncertainty in the global economy and profound economic changes underway in China. As such, it's widely expected that the outputs from the upcoming forum will be very different ...

The Vice Minister of China's powerful Commerce Ministry, Qian Keming, said Beijing will open its market to more African goods in an effort to redress the severe trade imbalances that China maintains with most African countries. Qian ...

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 ...

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'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 ...

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 ...

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 ...

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 

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 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 ...

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.