Category: Economy

Africa is becoming an increasingly popular holiday destination among adventure-seeking Chinese tourists. The numbers of visitors who went to Africa in 2016 was up sharply due to looser visa restrictions and new direct flights between China and Ethiopia, Kenya and South Africa among other ...

 It is a widely-held perception that Chinese investment in Africa is guided by a strategic foreign policy agenda focused on securing vast amount of natural resources. This narrative fits nicely with an outdated Western ...

In 2007 when China's Exim Bank unveiled a massive $6 billion mining deal in the Democratic Republic of the Congo, it completely rocked the normally-staid world of international development finance. The agreement, known as "The China Deal" or Sicomines, was among the first of ...

Across Africa and throughout the West there is a widespread belief that a good portion of the Chinese construction workers building infrastructure across the continent are actually prisoners who have been forcibly enslaved to work in Africa. So the ...

Faced with slumping economies, restive populations and, in many areas, the surging threat of sectarian violence, a growing number of African countries stand at a critical juncture where they must decide who to turn to for help: to their new friends in Beijing or ...

It wasn't that long ago when it was all smiles between the Chinese and Africans. Remember? The headlines were all about "win-win" development, China's role in helping Africa to rise above its colonial past and investment, ...

The financial implosion in Venezuela is prompting growing concern in Beijing that China may have been too ambitious in its drive to loan billions of dollars to high-risk countries throughout the global south. Persistently low oil ...

There's a pretty good chance that some of the clothes you're wearing, the shoes on your feet and even the device you're using to read this were made in China. Even as its economy slows, China remains the world's factory, churning out billions of ...

The Chinese presence in Africa has been so sudden and so all-encompassing that it's left a lot of people confused. Chinese farmers now compete for space and customers in Lusaka's open-air markets, Chinese textiles are undercutting Nigerian manufacturers, tens of thousands of Africans now ...

Amid a prolonged economic downturn and a weakening yuan, Chinese investors have steadily turned their focus to buying overseas assets. While there are a number of complicated reasons behind the massive capital outflows over the past 18 months, the fact remains that both individual ...

Chinese government officials have been on all-out PR offensive across Africa lately to reassure increasingly nervous political and business leaders that even though China's economy may be slowing it will not affect the PRC's investment plans in Africa. Africans, for ...

China's lofty ambition to revive its ancient silk road trading routes is now becoming a reality. When complete, One Belt, One Road (OBOR), or the Maritime Silk Road as it is more commonly known, will connect China via rail and ...