Tag: FDI
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Q&A: Untapped Opportunities In Indonesia’s Impact Tech Startups For Chinese Investors
Conversations around the China-Indonesia cooperation usually revolve around the big, flagship Belt and Road Initiative (BRI) projects like the high-speed rail, the industrial parks, or nickel processing in Morowali and Weda Bay. But, development and sustainability can be driven by a ...
Will China, UAE’s Masdar Successfully Collaborate to Give Africa Reliable Renewable Energy?
The shift to renewable energy is gaining momentum in Africa with the Ivory Coast signing an agreement with Masdar, the United Arab Emirates (UAE) renewable energy company on the exploration and development of a 50-70 megawatt (MW) solar power plant. In ...
Ten Years of the Belt and Road: Reflections and Recent Trends
By Min Ye In 2023, China will mark the tenth anniversary of its flagship Belt and Road Initiative (BRI), the billion-dollar push to fund roads, ports and other critical infrastructure around the world. Ahead of this anniversary, it is important to pause ...
China’s Minmetals Doubles Down on DRC Cobalt
The lure of greater access to the DR Congo's vast copper and cobalt reserves is drawing more Chinese mining companies to expand their investments in the country. Mining giant Minmetals Resources on Monday announced a $600 million deal to expand copper and cobalt extraction from its Kinsevere ...
Chinese Motorcycle Factory Opens in Angola
A new Chinese motorcycle factory has kicked off in Angola, one of several new automotive ventures in African countries. The Chinese state-owned heave vehicle company Sinotruk announced a new $20 million assembly line in Tanzania, while China's First Automotive Works (FAW) has also started producing trucks in ...
New Research Aims to Debunk Misperceptions About Chinese Investment in Ethiopia
One of the common misperceptions about Chinese investment in Africa is there's no difference between state-owned and private companies. In many instances, they're referred to simply as "Chinese" companies without understanding that there are actually substantial differences among the various corporate actors that are now active in ...
Ethiopia’s Ambassador to China Stops by the China Africa Development Fund HQ in Beijing
Chinese infrastructure financing in Africa may be down sharply compared to a few years ago, but it hasn't stopped altogether. That might explain why Ethiopia's envoy to China, Teshome Toga, paid a visit to the offices of the China Africa Development Fund (CADF) to discuss infrastructure investment ...
Building the Infrastructure African Residents Deserve
Over a recent holiday season, I made a trip to the western region of Sichuan province in China. It is at the eastern edge of the Tibetan Plateau and the Hengduan Mountains, with a ground elevation of 4,000-4,500 meters, slightly above Kilimanjaro’s Shira Mountains (3800 meters). That ...
The BRI Challenges Our Assumptions of How the World Fits Together
A fascinating new report emerged from the Green Financing and Development Center at Fudan University in Shanghai this week, tracking trends in China’s Belt and Road investment. The big news is that while global BRI spending (both foreign direct investment and loans) has remained stable at roughly ...
Africa Accounts For Just 1.7% of China’s Total Global Investment Stock, Says MOFCOM
Even amid the pandemic, Chinese investment overseas last year increased by 12.3% to $153.71 billion, according to a new report published last week by the Ministry of Commerce, National Bureau of Statistics, and the State Administration of Foreign Exchange. 2.8% of ...
Even Amid a Pandemic, Chinese FDI in Africa Jumped Almost 10% Last Year
Chinese foreign direct investment in Africa increased by 8% in 2020 compared to the previous year, from $2.7 billion to $2.96 billion. Including the 2020 investments, the total Chinese FDI on the continent amounts to $47.4 billion, according to data in a new report published by the ...
An Update on the Current State of China-Zimbabwe Economic Relations
China's ties with Zimbabwe are either going off the rails or are among the strongest most dynamic in Africa depending on who you listen to. Mounting civil society anger towards Chinese companies and their apparent disregard for local labor and environmental ...