Tag: Investment
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China-Africa Relations in the Xi Jinping Era
For much of the past twenty years, China's strategy in Africa could easily be summarized in two words: invest and extract. Today, that is no longer the case as China's agenda in Africa, and throughout much of the global south, has ...
China's New "Old Friend" in Zimbabwe
Former Zimbabwe President Robert Mugabe was long described by Chinese leaders as their 'old friend' in Africa. Mugabe's relationship with the Chinese dated back half a century when China supported anti-colonial guerrillas with weapons and training. ...
[AUDIO] Chinese Money Is Helping Africa to Become Next Manufacturing Powerhouse
Author Irene Yuan Sun argues in her now book that Africa is poised to become the world's next manufacturing boosted by Chinese investment and production expertise. With costs steadily rising in the PRC, more and more companies are looking to offshore production ...
Can the U.S. Under Donald Trump Compete With the Chinese in Africa?
With United States foreign policy in turmoil amid countless White House scandals and a demoralized State Department, Africa's role in the current U.S. foreign policy agenda remains a mystery. Not once since he took office
Get Ready Africa, the Big "Trump-Shift" to China is Coming
Over a month into his presidency, Donald Trump has yet to utter a single word about his foreign policy vision for Africa. Given that the combative president has picked fights with Mexico, Australia and, of course the
The Hollow Rules Governing China-Africa Investment
Even though China is one of Africa's largest investors, ranked seventh overall according to Ernst & Young, there are surprisingly few rules that govern private-sector investments between these two regions. These rules are established through bilateral investment treaties, or BITs, where ...
How Rwanda Attracts Chinese Money and Migrants Without the Lure of Natural Resources
It is a widely-held perception that Chinese investment in Africa is guided by a strategic foreign policy agenda focused on securing vast amount of natural resources. This narrative fits nicely with an outdated Western ...
As China & Other BRICS Slow Their Investments in Africa, Turkey Ramps Up
Remember when the BRICS were going to power the global economy? Well, the past few years have not been kind to Brazil, Russia, India, China and South Africa. With the exception of India, the other members of this once elite ...
China's Growing Appetite for African Real Estate
Amid a prolonged economic downturn and a weakening yuan, Chinese investors have steadily turned their focus to buying overseas assets. While there are a number of complicated reasons behind the massive capital outflows over the past 18 months, the fact remains that both individual ...
Is Africa Screwed for Being Too Financially Dependent on China?
Chinese government officials have been on all-out PR offensive across Africa lately to reassure increasingly nervous political and business leaders that even though China's economy may be slowing it will not affect the PRC's investment plans in Africa. Africans, for ...
FOCAC 2015: Making sense of the numbers
By Kai Xue Beijing, China -- The China-Africa relationship was re-launched with fresh impetus at the recently concluded FOCAC. China announced at the forum a commitment of US$60 billion in funds over the next 3 years to support economic relations. That’s a dramatic increase of 3-times from the headline ...
FOCAC 6: China At a Crossroads in Africa
The 6th Forum on China Africa Cooperation is coming at a crossroads in the China-Africa relationship. China’s shift from a manufacturing to a consumption economy means that it is importing fewer African commodities. On the African side, this shift has led to fears about repaying Chinese debt, and a ...