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Industrialization in Africa: Ethiopia Wants to Become the New 'Made in China'

There's a pretty good chance that some of the clothes you're wearing, the shoes on your feet and even the device you're using to read this were made in China. Even as its economy slows, China remains the world's factory, churning out billions of ...

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 6: This Time It’s Different

When Chinese president Xi Jinping arrives in Johannesburg to lead the upcoming Forum on China Africa Cooperation summit, he will be greeted as an old friend by his African counterparts. There will be smiles, the customary toasts to “win-win development” and a projection of confidence from both sides that ...

Chinese Investment in Africa: Surprisingly Small, but Growing Fast

It's a widespread misconception that just because China is Africa's top trading partner, it's also the continent's largest foreign investor. In fact, China's ranks seventh overall in FDI, far behind the United States that has long been Africa's largest source of ...

From 'Made in China' to 'Made in Africa'

A growing number of Chinese companies are looking to outsource production overseas in a bid to lower costs and meet Beijing's increasingly stringent environmental laws. Ethiopia and South Africa are among the beneficiaries of this new trend as Chinese apparel, textile and even steel ...

New Era of Chinese Manufacturing in South Africa Begins

South African president Jacob Zuma personally oversaw the opening of the First Automative Works (FAW) factory in Port Elizabeth, China's single largest investment in the country. The new production facility comes at an opportune time for South Africa as BMW, GM and other car-makers ...
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