Tag: trade
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Amid Rising Instability in a Growing Number of African Countries, the Question of Whether China Will Remain Engaged Looms
One of the original China in Africa memes that still endures today among many people on the continent is that the "Chinese want to colonize Africa" and want to "invade" the continent using a mix of debt traps, trade dependency, and immigration.
Uganda Wants to Make It Big in China’s Booming Coffee Market
Uganda, like many African countries, suffers from an enormous trade deficit with China. Last year, according to UN figures, Uganda exported just $40 million worth of goods to China but imported more than $1.3 billion in return. The government in Kampala ...
How Can African Countries Export More Agriculture to China?
I was recently out shopping in Hangzhou to buy a bottle of wine as a birthday gift for a friend. Now, I’m no wine connoisseur, so admittedly I struggled to pick one. But while scanning the shelves, I spotted a bottle from South Africa. It struck me ...
$25 Billion of Deals Signed During Annual Silk Road Forum in China
The Fifth annual Silk Road International Exposition ended on Saturday in the northwestern Chinese city of Xi'an where officials announced that $24.6 billion worth of investment deals were reportedly signed during the five-day event. In all, organizers say 72 ...
Veteran China Journalist Warns That China is Looking to Eventually Replace Australian Iron Ore With Suppliers in Brazil and Africa
There's been widespread speculation over the past year that China wants to develop new iron ore supply chains in Africa so it can stop buying from Australia in response to steadily worsening ties between the two countries. While there've been indications ...
Vaccines and Health Issues Top the Agenda at Silk Road Forum in What Could be a Preview of China’s Upcoming FOCAC Priorities
Chinese Foreign Minister Wang Yi spoke at the opening ceremony on Tuesday of the Fifth Silk Road International Exposition and the Investment and Trade Forum (aka the Silk Road Forum) in Xi'an where health and vaccine-related issues topped the agenda. ...
Booming Chinese Demand for African Metals and Minerals Pushes Prices to Record Highs
These are good days for Africa's metals and mineral exporters, who are seeing record prices thanks to strong demand, in part, from China and international automakers that produce new energy vehicles. The timing for this latest "commodity supercycle," ...
3 Reasons Why Ghana Should be Anxious About China’s Entry Into The Cocoa Market
Months after news broke that China had entered into the global cocoa market with an initial delivery of 500 kilograms of beans shipped to Belgium from the southern island of Hainan, Ghanaians are still trying to figure out whether they have reason to be ...
Conflicting Views in Ghana Over China’s Entrance Into the Global Cocoa Trade
A spirited debate is underway in Ghana over the implications of China's entrance into the global cocoa market. Various commentators, cocoa industry officials, and political leaders have all expressed concern over the past week that China will do to the cocoa market what it's done ...
Can Ugandan Coffee Be the Next “Coffee Success” Story in China?
Like many Ugandans, coffee has always been a huge part of my life. My earliest memories are of helping my parents tend their small coffee garden in the rural village of Kishabya, Sheema district in south-western Uganda. Hilly with rich fertile soils and a tropical rainy season, ...
The Central Chinese Province of Hunan is Now a Major Hub For China-Africa Engagement
When most people think about the major centers of Sino-Africa engagement, cities like Guangzhou and Beijing tend to come to mind first. How about Changsha? Well, not so much. But if you're not familiar with what's going on in Changsha and ...
A Proposed Senate Bill Intended to Increase U.S. Exports to Africa Seems to be Far More Focused on Confronting China
U.S. Senate Majority Whip Dick Durbin published a press release on Monday that touted a new bipartisan bill that aims to increase U.S. exports to Africa. The "Increasing American Jobs through Greater Exports to Africa Act" is ostensibly about America's steadily declining trade volume with ...