Category: Economy

Exports of critical minerals and other extractive commodities to China through South Africa's main port in Durban remain intermittent as the country digs itself out of the wreckage brought on by last week's mass protests and looting. At least 212 people died in the violence. ...

The fate of a multi-billion billion gas pipeline project in Nigeria is now in question after Chinese lenders have seemingly backed out of the deal, forcing the Federal Government to look elsewhere to raise the missing capital. The Bank of China ...

China-Kenya relations are at a critical stage as the two countries face enormous challenges related to debt sustainability, a severe trade imbalance, and the public health crisis brought on by the COVID-19 pandemic. Nonetheless, Kenya remains a strategically vital country for China as a key hub on ...

With most strategic mineral exports from the Democratic Republic of the Congo shipped to China through the port of Durban in South Africa, the recent closure of the N3 highway that connects the port to Johannesburg presents a potentially costly disruption to vital supply chains. Authorities were forced ...

Chinese business owners in KwaZulu-Natal's third-largest city Newscastle are forming armed civil patrols to protect their property and residents from the violent protests that have steadily escalated since July 8th, according to a report published by the Chengdu Commercial Daily newspaper. The Newcastle area ...

China is indeed the largest government funder of coal power projects around the world, accounting for 50% of coal projects that reached financial closure between 2013 and 2018, according to a new policy brief from Boston University's Global Development Policy Center.

China's ambassador to Egypt Liao Liqiang was accompanied last week by Prime Minister Mostafa Madbouly for an onsite visit of the Egyptian pharmaceutical plant that will serve as a manufacturing hub for Sinovac COVID-19 vaccines. Already, the facility has produced a million doses that will be available for ...

In what's becoming a predictable routine, high-level representatives from the world's wealthiest countries get together, express anguish over the rapid spread of COVID-19 in developing countries, issue a call for more equitable distribution of vaccines and then restate longstanding positions that bilateral creditors (read China) and bondholders ...

The Chinese government is becoming increasingly impatient with the persistent U.S. criticism that it isn't doing enough to support the G20's Debt Service Suspension Initiative (DSSI). U.S. officials have steadily increased their critiques in July in the run-up to the G20 finance ministers meeting in Italy that ...

U.S. and European officials are now more aligned than they've been in years in their determination to challenge China's growing influence in Africa and other regions throughout the Global South. And while Western leaders have clearly articulated their desire to confront China, turning rhetoric into action is ...

The Chinese embassy in Harare came to the defense of a local Chinese tile company accused of forcing its employees to endure “slave-like working conditions.” The embassy published a statement on its website that challenged the authenticity of videos that have been circulating depicting the poor ...

Videos of brawls between expatriate Chinese managers and local employees in African countries are surfacing with increasing frequency. On June 30th, a fight broke out between a Congolese employee at the Tenke Fungurumé Mining company in Kowlezi and his Chinese manager over the worker's reported frustration about poor ...