Tag: Shenzhen

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WEEK IN REVIEW: China Suspends Beef Imports From Seven Companies in Brazil, Argentina, Uruguay, and Mongolia

China will push its steel sector to lower production output to drive up prices. The National People’s Congress was told that restructuring in the sector would be encouraged. The size of the output cuts was not specified. The move comes as many Global South countries have put duties ...

Crisis at “Africa’s Phone King” After Chinese Authorities Detain Transsion CFO

Shares of Chinese mobile phone giant Transsion Holdings bounced back in early Shanghai trading on Wednesday, following a massive sell-off of the stock triggered by news that the company's longtime CFO had been taken into custody by Chinese provincial authorities.

Zambian President Haikinde Hichilema Does the Rounds of Shenzhen’s Tech Giants

Zambian President Haikinde Hichilema devoted the third day of his week-long China tour to visiting some of the country's largest tech companies headquartered in the southern megacity of Shenzhen. The president visited the headquarters of internet giant Tencent, automaker BYD and ...

Can Shenzhen’s Special Economic Zone Miracle Offer Insights to Africa’s Economic Recovery?

The COVID-19 pandemic has affected every country and its citizens, though it has not impacted them equally, particularly those in the African continent. Makhtar Sop Diop, a Senegalese economist, and politician who has been serving as the Managing Director of the International Finance Corporation since 2021 wrote ...

Lessons For South Africa From China’s Tech Hub in Shenzhen

As South African policymakers plot their country's economic revival from the past several years of worsening economic crisis, boosting the country's tech industry is going to play a pivotal role in their plans. Grace Yuehan Wang, a researcher at the South ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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Transsion Financial Disclosure Provides Rare Insights Into Its Booming Mobile Phone Business in Africa

Shenzhen-based African mobile phone giant Transsion provided a rare glimpse into its financial performance in a disclosure document that went out to 244 Chinese institutional investors. Even though Transsion is a publicly-traded company on the Shanghai Star Exchange, it nonetheless behaves like a lot of Chinese firms by ...

China’s Soft Power Play in Africa: Rapid Industrial Development

The Chinese embassy in Cameroon posted a short, seemingly innocuous video today that commemorated 40 years of development in Shenzhen, a once-sleepy fishing town near Hong Kong that is now one of the world's leading tech hubs with a population of 13+ million people. ...