Category: Economy
The Clean Boardroom: An Alternative Perspective on Chinese Corruption and Bribery in Kenya
“I am not a racist but…” Mrs. Zhang begins smilingly. She is addressing me specifically, staring right at my nose. Still, I miss the end of the sentence. I am busy thinking to myself: has anyone ever started a statement that way and finished it gracefully? If anyone could, ...
China & Africa: Are the Good Times Over?
One of the prevailing media narratives of China's recent economic turmoil is the effect that it could have on emerging markets, particularly in Africa. Now that the Chinese economy is showing real signs of slowing, the ...
How China's Economic Slowdown Will Impact Africa
The tremors in China's faltering economy are being felt across Africa. Now that China has replaced Europe and the United States as most African countries' largest trading partner, there is understandable concern that slowing demand in the PRC will be felt in Africa's commodity ...
The China Economy: What Lessons for Africa?
When African policymakers scan the globe in search of inspiration on how to structure their economies, that search often leads to Beijing. Not surprisingly, African leaders look at what China has done over the past 30 years ...
Chinese Investment in Africa: Surprisingly Small, but Growing Fast
It's a widespread misconception that just because China is Africa's top trading partner, it's also the continent's largest foreign investor. In fact, China's ranks seventh overall in FDI, far behind the United States that has long been Africa's largest source of ...
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 ...
Should Africa Follow Asia's Path to Economic Prosperity?
Author John Akhile, Sr. argues in his new book "Unleashed" that if Asia's so-called 'Tiger economies' did it, so can Africa. By leveraging the continent’s agricultural potential, minerals, raw materials, and low-cost labor, Akhile thinks that using these resources Africans can ...
South Africa Tourism in Crisis as Chinese Reject New Visa Regulations
South Africa's tourism sector is in crisis as a series of new visa regulations have prompted dramatic falls in arrivals, particularly from the world's largest source of tourists: China. The number of Chinese visitors to South ...
NO! China is NOT Exporting Convict Labor to Africa!!!!
15-minutes in to almost any conversation about the Chinese in Africa and the question about Chinese labor invariably comes up. "The Chinese are exporting convicts to work on construction sites," according to one of the pervasive myths, or, "Chinese companies don't hire as many ...
China, Africa and the PRC's Massive New Development Bank
57 countries including two from Africa, are among the founding members of China's new development bank, the Asian Infrastructure Investment Bank (AIIB). While the new bank's primary objective will be develop infrastructure projects in Asia, as its name suggests, there is widespread anticipation (mixed ...
China-Africa Relations: A High School Perspective
Annie Hou (侯艺筱) is a third year high school student at Fudan International School in Shanghai who recently spent several weeks in Kenya as part of a program with the Chinese corporate social responsibility NGO China House Kenya.
From 'Made in China' to 'Made in Africa'
A growing number of Chinese companies are looking to outsource production overseas in a bid to lower costs and meet Beijing's increasingly stringent environmental laws. Ethiopia and South Africa are among the beneficiaries of this new trend as Chinese apparel, textile and even steel ...