Country: Guinea
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While Guinea’s Iron Ore Sales to China Stall, Bauxite Shipments Continue Apace
New shipments of Guinean bauxite arrived in China's northeastern rustbelt zone of Shandong province last week, helping to ease supply constraints of the essential ingredient used to manufacture aluminum. Guinea has emerged as a vital supplier to China ...
There’s a Huge Difference in How China Responded to the Coups in Burkina Faso and Guinea
Chinese Foreign Ministry spokesman Zhao Lijian responded on Tuesday to the military overthrow of democratically-elected Burkinabé President Fas Roch Marc Christian Kaboré with a call to "restore normal order" and "resolve differences through dialogue." Zhao, speaking at the ...
Q&A: What’s At Stake For China in Sudan?
China's reaction, so far, to Monday's military coup in Sudan has been reserved, especially compared to the forceful response Beijing issued within 24 hours of last month's overthrow of President Alpha Condé's government in Guinea. But China's interests in Guinea and Sudan are very different and ...
How Will China Respond to the Coup in Sudan?
The pre-dawn military coup in Sudan on Monday presents the latest challenge for China on how to respond to the toppling of governments in Africa where it has sizable economic and strategic interests. Normally, the Chinese Foreign Ministry tends to be ...
TRANSLATION: Assessing the New Risks For Chinese Companies, Projects and Personnel in Post-Coup Guinea
The city of Shanghai's department of commerce posted a fascinating six-point analysis of the new risks confronting Chinese companies operating in Guinea following the recent overthrow of President Alpha Condé by a military junta. The post appeared on an official WeChat ...
Global Metals Market on Edge Following Guinea Coup and Mounting Concerns About China’s Economy
The coup in Guinea combined with new indicators that China's economy may be slowing is contributing to a period of considerable turbulence in global metals markets as investors try to gauge the impact of these trends on Chinese demand for bauxite, copper, and iron ore:
This Chart Explains Why China is So Concerned About Events in Guinea
"The outcome of the coup attempt is unclear, but the political turmoil offers a test for this relatively new supply chain. Investors need to mull a range of possibilities, from a relatively peaceful power transfer in Conakry that preserves the bauxite status quo, to more disruptive scenarios ...
Guinea Coup Complicates China’s Desire to Wean Itself Off Australian Imports
So far, Guinean bauxite exports to China appear unaffected by last Sunday's coup and policymakers in Beijing are no doubt hoping it stays that way. They would like to avoid having to turn to Australia for further supplies of the critical metal used to manufacture aluminum.
China Denounces Guinea Coup and Calls For the Immediate Release of Alpha Condé
The Chinese government issued a short but pointed condemnation of this weekend's coup in Guinea that deposed President Alpha Condé. "China opposes coup attempts to seize power," said Foreign Ministry spokesman Wang Wenbin (photo) at the regular press ...
Guinea Coup Leader Calls For Mines to Continue Operating, Chalco and Other Chinese Mining Firms Report No Disruptions
London metal traders will be keeping a close eye on the price of aluminum today after it moved higher on Monday following this weekend's coup in Guinea, one of the world's largest producers of bauxite -- a key aluminum ingredient. Soon ...
Why What Happens in Guinea Matters to China
Guinea may be small and far away, but what happens there is critically important to metals manufacturers in China who depend on key ingredients from this West African country to produce huge quantities of aluminum and, eventually, steel. BAUXITE: China relies ...
You Knew This Was Going to Happen, Right?
It took less than 24 hours for the coup in Guinea to get sucked into the vortex that is the U.S.-China propaganda duel. China's foremost provocateur (aka "China's greatest internet troll"), Hu Xijin, the editor in chief of the nationalist tabloid newspaper Global ...