Tag: trade
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Chinese Agricultural Engagement in Africa in the Post C19-Era
China's importing a lot more African agricultural products these days. Zambian blueberries were recently approved to enter the China market, Namibian beef shipments started this year, Ghanaian cocoa is now traded through a new exchange in Hunan province and, after more ...
Amazingly, China’s Trade With Egypt Actually Increased This Year
While China's trade with Africa fell by almost 20% in the first half of the year, two-way trade with Egypt actually increased compared to the same time last year, according to new data from the Chinese embassy in Cairo.
Africa’s Major Economies Sinking Under the Weight of Surging Debt, Reduced Trade, and Massive New Social Welfare Costs
The economic fundamentals in a growing number of Africa's major economies are showing signs of rapid deterioration amid the ongoing economic crisis brought on by the COVID-19 pandemic. Seemingly every week there's a new downgrade, analyst warning, or economic indicator that points to an increasingly dire situation ...
China-Africa Trade Update with Walter Ruigu
Two-way China-Africa trade fell sharply in the first half of the year to $82 billion, down 20% from the same time last year. Trade between the two regions has been severely disrupted by the COVID-19 pandemic and the ...
China’s New Top Diplomat For Sub-Saharan Africa Lays Out His Agenda
China's former ambassador to Kenya and the new head of the African Affairs Department at the Ministry of Foreign Affairs, Wu Peng, laid out his agenda in a recent column published in the state-run China Daily newspaper. There ...
The Political Ramifications of China’s Reduced Appetite for African Oil
News that two of China's largest oil companies, Sinopec and CNPC, are going to scale down their presence in South Sudan provides the latest evidence of China's waning appetite for African oil. This isn't a new phenomenon. In fact, ...
Namibian Beef Exports to China Continue While Dozens of Other Countries Halt Meat Trade Due to COVID-19
China's General Administration of Customs published a list of 46 meat processing plants around the world that have halted exports to China due to COVID-19 outbreaks among their workers. But Namibia, so far, is not on the list. ...
China’s Doing More But Spending Less in Africa
China is engaged in more Belt and Road-related projects in Africa but spending far less than it is in the Middle East and South Asia, according to new data from the Washington, D.C.-based consultancy RWR Advisory. In its latest IntelTrak report ...
A Totally Different China-Africa Conversation
China is such a polarizing issue in the U.S. and Europe at present that almost any discussion on the topic is bound to become political. That's certainly the case in the China-Africa space, where webinars hosted by U.S./European think tanks, universities, and companies often devote the bulk ...
New China-Africa Trade Data Shows Mixed Results (And That’s Really Good News, All Things Considered)
A number of countries across Africa this week are reporting trade figures for the first half of the year and they're surprisingly mixed given the enormous disruption brought on by the COVID-19 outbreak. In some cases, a sharp fall in Chinese ...
How COVID-19 is Messing Up Lucrative Africa-Asia Trade Routes
SABC Correspondent Richard Kimber reports from Hong Kong's main cargo terminal on how new quarantine regulations for container vessels is further slowing African trade with China, and Asia as a whole. ...
Potential for Dairy-led Development Cooperation Between China and Africa
Blue skies and cows grazing on pristine green pastures. Smiling celebrities. Cultural heritage sites and healthy lifestyle motifs. Milk products with these images fly off the shelves in China. It’ s ultra-high temperature (UHT) long-life milk, stocking refrigerators and stacked room ...