Tag: supply chain
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If the U.S. Really Wants to Compete With China in Africa, Then It Needs to Keep Its Promises
It was almost a year ago when Joe Biden promised everyone at the U.S.-Africa Leaders Summit that he would visit the continent in 2023. Now, with just two weeks left before the Christmas holiday, the president’s pledge is looking increasingly uncertain.
Africa is at the Center of U.S.-China Competition for Critical Resources
U.S. lawmakers met this week to discuss how to combat the use of child labor in the Democratic Republic of the Congo's cobalt mining sector which they claim is largely controlled by Chinese mining companies. The issue is part of a ...
China’s Dominance of the EV Battery Metal Supply Chain
Chilean President Gabriel Boric oversaw the signing of a $233 million lithium deal on Tuesday with Chinese mining giant Tsingshan Holding Group, the latest investment that solidifies China's dominance of the fiercely contested EV battery metal supply chain.
Key Lessons From Indonesia’s China-Backed Mining & Infrastructure Ventures
Indonesia is a pioneer among developing countries for its efforts in moving up the EV battery metal value chain. Whereas most other countries like the DR Congo and Chile export raw commodities that are processed elsewhere, Indonesia now requires all of ...
Why It Isn’t China’s Fault Its Trade With Africa Is So Distorted
China is forecast to break another trade record with Africa this year, potentially even crossing the $300 billion barrier. While that sounds great, the big number masks a distorted trading relationship that is mostly concentrated in extractives among a small handful ...
Ummm… Errr…. Sorry, Apple Can’t Produce iPhones in Africa
The suggestion by a Washington, D.C. lobbying firm that "there is no reason why Apple cannot produce iPhones in Africa instead of China" is the latest evidence of just how delusional the discourse in the U.S. capital is today.
Cobalt Prices in China Surge Due to Supply Chain Problems in the DRC and South Africa
Cobalt prices jumped to a three-year high in Chinse trading this month due to mounting concerns over shipment delays in the DR Congo-to-South Africa supply chain. Shipments from the DR Congo account for 90% of China's sourcing for the metal that's ...
Peter Pham Wants the U.S. to Break Its Dependence on the Chinese Cobalt Supply Chain
Former Trump administration diplomat Peter Pham is no longer in government yet he remains one of Washington's most influential voices on African affairs and, notably, one of the Beltway's most outspoken critics of China's engagement on the continent. He's particularly concerned ...
Detection of Omicron in Chinese Port Cities Sparks Fears of Supply Chain Disruptions in Africa
The recent detections of the highly contagious Omicron variant in several of China's largest port cities is prompting renewed concerns among African traders of potentially painful supply chain disruptions. Although only a few people have been ...
UN Warns Supply Chain Disruptions Will Hit Consumers Hard Next Year, Especially in Developing Countries
With shipping containers in critically short supply, the cost of sending goods from China to South Africa has surged from $1,000 a container to $8,000. It's a similar story in Southeast Asia, where container prices have tripled to $3,000 each.
Why the Era of Low-Cost Imports From China May be Coming to an End in Africa (At Least For Now)
The ongoing supply chain disruptions are having a profound impact on the types of goods that consumers in Africa and other Global South countries can access. It used to cost just $1,000 per container to ship low-cost socks, shoes, electronics, and other ...
COVID Flare-Ups in China Threaten to Disrupt What’s Otherwise Been a Strong Year For China-Africa Trade
While global trade experiences unprecedented disruptions of major supply chain networks, that turbulence does not appear to have had much effect on the volume of Chinese trade with African countries, at least so far. Chinese ...