Category: Investment
Bangladesh to Apply for Membership to China-Centric Trade Group
Bangladesh will reportedly submit a formal request by September to join the Regional Comprehensive Economic Partnership (RCEP), a China-led free trade community that represents about 30% of global GDP. The decision was taken at an inter-ministerial meeting on Tuesday. It now requires Cabinet approval, and ...
China Plans Supply Chain Expo As ‘Derisking’ Scambles Firms’ Investment, Manufacturing Plans
China will hold a supply chain-focused expo in November, aimed at protecting its unique status as the world’s workshop. The China International Supply Chain Expo will feature more than 300 international exhibitors, including companies from the United States. The five-day event
Egypt’s Suez Canal Economic Zone Attracts Chinese Investment Bonanza
Egypt’s Chinese-built Suez Canal Economic Zone attracted a whopping $3 billion in Chinese investments, according to its chairperson Walid Gamal El-Din following his visit to Beijing in late May. The deals cover a broad range of industries, from apparel to power ...
Snapshot: How Chinese Investment in Africa is Shifting
A new set of charts compiled by the China-Mideast researcher Andrea Ghiselli provides an intriguing glimpse of how Chinese investment in Sub-Saharan Africa is evolving. The charts are reportedly based on data from statistical yearbooks and investment bulletins. Big ...
Chinese-funded, Constructed Sakaï Solar Plant Powers up Central Africa Republic
The Central African Republic (CAR)’s first photovoltaic power plant is now operational following the successful launch of operation of the Sakaï Solar Power Plant last week. In the CAR, power cuts sometimes last 16 hours a day, badly hitting the ...
Challenging Chinese Mining Contracts Isn’t About Politics, It’s About What’s Fair, Says DRC Finance Minister
DR Congo Finance Minister Nicolas Kazadi pushed back against the narrative that Kinshasa is specifically targeting Chinese companies over unfair mining contracts. The minister was adamant in his discussion with Financial Times correspondent Tom Wilson at the FT Commodities Global ...
Western Calls to De-Risk African Projects Echo China’s Approach
One of the underlying factors driving Chinese business in Africa is the role of state insurers like Sinosure in reducing the risk taken on by Chinese companies. So it’s interesting to see that Western actors are slowly moving in ...
New Research Reveals China’s Overseas Investment Priorities: Asia is Tops, Africa is “Basically a Rounding Error”
New research reveals fascinating patterns in Chinese overseas foreign direct investment in the nearly twenty-year period from 2003 to 2021. Not surprisingly, Asia has been the preferred destination, followed by Latin America, most of which has gone to Brazil, Chile, and other resource-rich countries in South America. ...
Why Battery Decoupling Projections Could Be Way Off
The United States and Europe could free themselves from their dependence on China for electric vehicle batteries by 2030, if they invest about $160 billion. This is the key finding of a new Goldman Sach forecast, which extrapolated the long-term effects ...
U.S.-led Coalition Rolls Out First Major Infrastructure Project Under the New Partnership for Global Infrastructure and Investment
The G7 group of wealthy countries unveiled the first major initiative as part of its Partnership for Global Infrastructure and Investment (PGII), which is ostensibly aimed at countering China's dominance in financing infrastructure in developing countries. The coalition announced a $20 ...
China Isn’t Spending Anywhere Near as Much on Aid to Pacific Island Countries as Many Think
New research reveals that Chinese aid spending in Pacific Island Countries (PIC) is now at the lowest level in 14 years, challenging the widely held perception that Beijing is showering the region with money in a bid to boost its influence. ...
China is Now Zimbabwe’s Biggest Investor
Over the past three years, China invested over $2 billion in Zimbabwe and is now the Southern African country’s largest foreign investor. This was the main takeaway of a symposium on the economic benefits of Zimbabwe-China relations, which took place in ...