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[AUDIO] The BRICS Bank: China’s drive to shake up development finance

Brazil, Russia, India, China and South Africa (aka the ‘BRICS’) are moving forward with an ambitious plan to shake up the clubby world of development finance. The new BRICS bank announced over the summer 2014 is expected to have a profound impact on the African development finance sector as part of China’s broader effort to re-orient the international system away ... Read More »

[AUDIO] China & The Battle for Africa

Al Jazeera stands alone among the major international news channels in its regular coverage of the Chinese in Africa. In the network’s latest documentary released in September 2014, veteran Sierra Leonean journalist Sorious Samura hosts “The Battle for Africa” where he examines the growing Chinese presence and the political response across the continent. The documentary’s producer and director Clive Patterson ... Read More »

[AUDIO] Sam Pa, China’s mysterious middleman in Africa

Publicly China’s engagement in Africa is based on “mutual benefit” or, as Chinese officials like to phrase it “win win.” Behind the scenes, though, it’s a little more complicated. Many of those multibillion dollar natural resource-for-infrastructure deals have been arranged by mysterious middlemen like Sam Pa and his Hong Kong-based Queensway Group. These go-betweens, according to reporting from the FT’s ... Read More »

[AUDIO] Mugabe critic: Zimbabwe’s ‘old friend’ China is bleeding it dry

Harare-based economist and columnist Vince Musewe doesn’t mince words in his criticism of Zimbabwe’s growing financial dependence. Beijing is ‘bleeding Zimbabwe dry’ through loans and Musewe says enough is enough. He is calling on Robert Mugabe’s government to come clean and reveal the secret deals between the two governments, otherwise Musewe warns Zimbabwe will only sink further in to economic ... Read More »

[AUDIO] China-Africa trade may be booming, but big problems loom

Trade between China and Africa will break another new record this year as it’s expected to top $200 billion. As trade continues to grow, officials from both regions frequently point to these figures as evidence of steadily improving ties. However, Beijing-based attorney Kai Xue warns that while the trade stats are indeed impressive, they also mask emerging difficulties in the ... Read More »

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 have slowed or suspended output. FAW, though, is entering potentially treacherous territory as South Africa’s notoriously ... Read More »

[AUDIO] China fast becoming South Africa’s new best friend

No where in Africa is China’s engagement more comprehensive than it is in South Africa. China Inc. has set up shop throughout SA for manufacturing, finance and as the continent’s valuable consumer market. In turn, South Africa is now becoming so reliant on its booming raw material trade with China that both its currency and stock market are effectively pegged ... Read More »

[AUDIO] China’s trade unions think they can help Africa

It’s a bit counterintuitive to think that a country supposedly run by a communist workers party would be so hostile to labor unions, which is the case in China. Although there are no independent Chinese unions and the few official unions there are do not have the ability to strike or organize against their employers as is common elsewhere. Nonetheless, ... Read More »

Chinese companies’ labor dilemma in Kenya

By Zhicong DENG, Legal Fellow at China House Kenya. This article was provided to CAP in partnership with the China-South Dialogue. “The workers went on a strike a few days ago with the trade union.” In the eyes of the manager of a Chinese real estate company in Kenya, it’s a common circumstance which makes them worry so much. This ... Read More »

[AUDIO] China’s most famous economist has a few suggestions for Africa

In the staid world of economics, Justin Yifu Lin is the closest one comes to being a bonafide celebrity. Lin is the former chief economist of the World Bank and, more importantly, among the lead architects of China’s three-decade-long economic renaissance that has produced the greatest economic expansion in human history. Now, Lin is taking the lessons learned from China’s ... Read More »