Country: China
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African Consumers Still Want Huawei Smartphones Even Without Google’s Services
When Huawei was added to the U.S. entities list in August 2020 that blocked the Chinese telecom giant from using American technology on its smartphones, most notably Google's Android operating system, many commentators wrote obituaries for the company's once-dominant handset business.
Don’t Be Misled by All the Headlines About Apple Shifting Its Manufacturing out of China
Throughout much of 2022, Apple has been diversifying its manufacturing operations in Asia beyond China. India and Vietnam, in particular, appear to be the primary beneficiaries. This year alone, in fact, Apple shipped more than a billion dollars worth of iPhones from its suppliers' new ...
China and India’s Bumpy Road to An “Asian Century”
China and India must find ways of tolerating each other’s military rise to ensure the dawn of an “Asian Century.” So argued Zhou Bo, a former official in China’s Ministry of Defense and currently a researcher at the Center for Strategic ...
China’s Share of Nigeria’s Public Debt Now Stands at 3.8%, According to New Government Data
Nigeria's Debt Management Office (DMO) released updated figures this week on the country's ballooning public debt. The country's lending jumped by more than $3 billion in the three-month period from March to June. It now stands at $103.31 billion. ...
World Bank: China’s COVID-19 Restrictions Contributes to Africa’s Economic Woes
The World Bank issued a sobering economic forecast for Africa on Wednesday, warning of a sharp slowdown in growth due to the multiple global crises that are disproportionately impacting the continent. Rising inflation, food insecurity, higher interest rates in advanced economies and widening inequality exacerbated by the ...
Solomon Islands Explains It Wanted China References Stripped From U.S.-Pacific Island Countries’ Accord
The Solomon Islands caused a bit of a stir last month at a summit in Washington, D.C. when it refused to sign an initial draft of an accord between the U.S. and more than a dozen Pacific nations. Now, we know why.
India’s Air Force Commander Provides New Details on the Hijacking Hoax Involving China-bound Airliner
New details are emerging about what happened when the captain of an Iranian airliner called in a bomb threat on Monday en route to the southern Chinese city of Guangzhou. In the end, it turned out to be a false alarm as ...
While More U.S. Companies Are Moving Production From China to India, Ford is Heading in The Other Direction
Apple is one of a growing number of international companies moving quickly to diversify its manufacturing operations away from China to other countries in Asia, particularly India. In fact, the Cupertino-based tech company announced this week that in just five months, ...
All Portuguese-speaking Countries Move Up in Chinese Infrastructure Development Index
All eight of the world's Portuguese-speaking edged higher in a key Chinese infrastructure development index that assesses the investment climate in 71 countries around the world. Brazil, Angola, and Portugal were the highest ranked Lusophone states in the 2022 "One Belt, ...
Sicomines’ Expat Staff in the DRC Mark China’s National Day With a Patriotic Song Competition
230 expatriate staff members from the Congolese joint venture mining giant Sicomines gathered over the weekend in the Congolese mining city of Kolwezi to celebrate the Chinese National Day holiday with a patriotic song competition. 15 contestants, most dressed in their work uniforms, belted out their renditions ...
China to the Rescue? China’s Liquidity Finance Should Be Welcomed but Not Gambled With
By Kevin P. Gallagher China is being criticized for stepping up its policy to provide liquidity financing in the form of loans and currency swaps for countries in distress for the wrong reasons. Providing such liquidity shows that China is ...
Blockbuster Set in Africa Dominates Chinese Box Office Over National Day Weekend
Africa is once again the backdrop for a glossy, big-budget Chinese patriotic blockbuster that dominated this weekend's National Day holiday box office with $37 million in ticket sales. "Home Coming" is a fictional recounting of the evacuation of some of the 30,000 ...