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Tag Archives: Investment

[AUDIO] China’s new “old friend” in Zimbabwe

Former Zimbabwe President Robert Mugabe was long described by Chinese leaders as their ‘old friend’ in Africa. Mugabe’s relationship with the Chinese dated back half a century when China supported anti-colonial guerrillas with weapons and training. Longstanding relationships like this are very important to Chinese officials, far more so than in other governments, but as the dramatic political upheaval in Zimbabwe demonstrates, ... Read More »

[AUDIO] Chinese money is helping Africa to be next manufacturing powerhouse

Author Irene Yuan Sun argues in her now book that Africa is poised to become the world’s next manufacturing boosted by Chinese investment and production expertise. With costs steadily rising in the PRC, more and more companies are looking to offshore production from China to more affordable countries. Africa and its abundant population of young workers, free trade access into the US ... Read More »

African Female Workers in Chinese Companies in Kenya: Myths and Challenges

The following article was written by Chen Jin, a youth fellow at China House Kenya “Honestly, we don’t want any female workers here.” Ms. Zhou, manager of an upscale Chinese restaurant in Nairobi, put it without hesitation. Indeed, local women are under-represented in Chinese companies operating in Kenya. Over the past five years of Belt and Road Initiative, Chinese entrepreneurs are ... Read More »

[PODCAST] Can the U.S. Under Donald Trump Compete with the Chinese in Africa?

With United States foreign policy in turmoil amid countless White House scandals and a demoralized State Department, Africa’s role in the current U.S. foreign policy agenda remains a mystery. Not once since he took office has President Donald Trump even mentioned Africa, much less provided a detailed overview of America’s security, aid and investment strategies on the continent. With the president’s attention focused ... Read More »

[AUDIO] Get Ready Africa, the Big “Trump-Shift”​ to China is Coming

Over a month into his presidency, Donald Trump has yet to utter a single word about his foreign policy vision for Africa. Given that the combative president has picked fights with Mexico, Australia and, of course the Chinese, while making antagonizing other long-term allies like the Swedes with false information, a lot of African leaders may actually be relieved that their countries and continent are ... Read More »

[AUDIO] The hollow rules governing China-Africa investment

Even though China is one of Africa’s largest investors, ranked seventh overall according to Ernst & Young, there are surprisingly few rules that govern private-sector investments between these two regions. These rules are established through bilateral investment treaties, or BITs, where two countries agree upon a set of standards for corporate investment. While these BITs are popular in Europe and the U.S., ... Read More »

[AUDIO] How Rwanda attracts Chinese money and migrants without the lure of natural resources

 It is a widely-held perception that Chinese investment in Africa is guided by a strategic foreign policy agenda focused on securing vast amount of natural resources. This narrative fits nicely with an outdated Western colonial stereotype of how foreign countries engage Africa. However, in the case of the Chinese, this narrative is only partially correct. Earlier this year, the China-Africa ... Read More »

[AUDIO] As China & other BRICS slow their investments in Africa, Turkey ramps up

Remember when the BRICS were going to power the global economy? Well, the past few years have not been kind to Brazil, Russia, India, China and South Africa. With the exception of India, the other members of this once elite diplomatic club are struggling in many different ways. So while China and other emerging markets have pared back their investments ... Read More »

[AUDIO] China’s growing appetite for African real estate

Amid a prolonged economic downturn and a weakening yuan, Chinese investors have steadily turned their focus to buying overseas assets. While there are a number of complicated reasons behind the massive capital outflows over the past 18 months, the fact remains that both individual and corporate investors are looking abroad for growth opportunities and hedges against currency fluctuations at home. ... Read More »

[AUDIO] Is Africa screwed for being too financially dependent on China?

Chinese government officials have been on all-out PR offensive across Africa lately to reassure increasingly nervous political and business leaders that even though China’s economy may be slowing it will not affect the PRC’s investment plans in Africa. Africans, for their part, have reason to be worried. Chinese trade with the continent has fallen sharply, 40% by some estimates, in ... Read More »