Weekly news

06/04/2013 to 12/04/2013

Top Stories:                      

 Do We Hate The Chinese? – The Ghanaian Chronicle (GHN)

CAN comment: Interesting article in the Ghanaian press saying that while tensions are running high regarding Chinese informal mining practices in the country, Ghana remains open to the Chinese. Interestingly the author compares Ghana’s resistance of illegal Chinese mining with China’s defence of its interests against Britain in the Opium wars.

 Sinohydro shrugs off Africa criticism – Financial Times (GBR)

CAN comment: Matter of fact quotes from Wang Zhiping, board secretary of Sinohydro, “A dam is a sign of social progress and civilisation. You have resources. I have money, technology and management. We can develop together.”

 China and Africa: a maturing relationship – EIU

CAN comment: Fascinating figures from the EIU saying that five energy exporters—Algeria, Angola, Equatorial Guinea, Libya and Sudan—accounted for 40.3% of Chinese imports from Africa in 2012, with South Africa (a major iron-ore source) accounting for a further 39.4%. Despite the commodity dominated imports and labour issues in Zambia the article comes to the conclusion that the China-Africa relationship is improving.

 Zambia can clinch agro exports to China  – Times of Zambia (ZAM)

CAN comment: Michael Sata hopes that his countries reliance on copper exports can be lessened through further exports of agricultural products to China. While it would be hugely beneficial to his country there are a number of obstacles around transport and agricultural technology to overcome before Zambia and Africa can make a real impact in agricultural exports.

 Assessing Nigeria, Chinese global investments – Business Day (NGA)

CAN comment: According to a report from the US based Heritage foundation, between 2005 and 2012 Nigeria received $15.6 billion in investment from China, more than any other country in Africa. The figure was also greater than that of Saudi Arabia, the UK or Russia in the same period.

 Sanusi’s Protest against Trade Imbalance Ruffles China – This Day (NGA)

CAN comment: Great article from This Day looking for incidences of where the Chinese government might have sought to respond to Nigerian Central Bank Governor, Lamido Sanusi’s claims that Africa should be wary of Chinese neocolonialism. The question is often raised as to whether China is sensitive to criticisms. It appears in this case that it is.

 

Politics 

Zambia, China seek deeper ties – Daily Mail (ZAM)
12/04/2013
ZAMBIA and China have agreed to boost trade exchanges in order to deepen investment and financial cooperation. During a bilateral meeting with President Sata on Wednesday, Chinese Premier Li Keqiang urged the two countries to expand mutual trust and provide political safeguards for cooperation.

Ethiopia, China and the European Union – Amb. David Shinn
12/04/2013
Christine Hackenesch, research fellow at the German Development Institute, published an article in the first issue for 2013 of the Journal of Current Chinese Affairs titled “Aid Donor Meets Strategic Partner? The European Union’s and China’s Relations with Ethiopia.”

Chinese president pledges ‘eternal’ support for Africa – New Times (RWA)
11/04/2013
Chinese President Xi Jinping has said China-Africa relationship will never cease its development and that China is ready to elevate and broaden its ties with Africa.

Kenya’s new president meets envoys to seek cooperation – Xinhuanet (CHN)
11/04/2013
Kenya’s new President Uhuru Kenyatta held a series of meetings with regional leaders and envoys on his first day in the capital Nairobi to seek cooperation, especially foreign investments in the East Africa nation.

Kenya benefits as East and West compete in wooing African riches – Global Times (CHN)
10/04/2013
Kenyans have been entertained by a diplomatic comedy or saga that has seen subtle threats, followed by a speedy change of tack that would make good content for a television series or a political novel.

Sinohydro shrugs off Africa criticism – Financial Times (GBR)
10/04/2013
“Do we look like colonists? We haven’t killed any locals.” The unusual remarks by Wang Zhiping, board secretary of Sinohydro, in an interview with the Financial Times highlight the debate about China’s role in Africa.

China and Africa: a maturing relationship – EIU
09/04/2013
Africa’s place at the heart of China’s foreign policy agenda was highlighted in April, when the new Chinese president, Xi Jinping, chose to tour the continent on his inaugural foreign trip. The economic relationship between the two regions continues to develop apace, with rapid growth in trade and strong flows of Chinese financing into Africa.

President Sata hails China – Zambia Daily News (ZAM)
07/04/2013
PRESIDENT Sata has paid tribute to China’s contribution to Zambia’s development. In opening remarks to the bilateral talks with his Chinese counterpart Xi Jinping at Sheraton Hotel in the southern resort town of Sanya, President Sata noted that China has always been a co-operating partner.

China-Zambia relations a model of win-win approach – FOCAC
07/04/2013
Chinese enterprises have brought investment and boosted employment and livelihoods in Zambia, President Michael Chilufya Sata told his Chinese counterpart Xi Jinpingduring their first official talks on Saturday.

Sata says Africa has A Lot to Learn from China – Zambia Reports (ZAM)
05/04/2013
President Michael Sata says Africa has a lot to learn from China’s fast-growing economy. Speaking on arrival at Beijing Capital International Airport last night, President Sata, a once fierce critic of China while in the opposition who is now flirting with them, said Zambia was using Chinese personnel in its infrastructure development.

Africa and China are good for each other – Financial Times (GBR)
05/04/2013
Lamido Sanusi, the governor of the Central Bank of Nigeria, wrote in a recent article for the Financial Times that China’s approach to Africa embodied “the essence of colonialism” – the export of manufactured goods and the import of primary resources.

Agriculture

Mozambique and China in negotiations to produce GM cotton – Club of Mozambique (MOZ)
10/04/2013
Mozambique and China are expected in November to conclude negotiations on introducing genetically-modified cotton into the African country, according to Mozambican daily newspaper Correio da Manhã.

Zambia can clinch agro exports to China  – Times of Zambia (ZAM)
10/04/2013
PRESIDENT Michael Sata yesterday said Zambia can capture an export market in China for its agricultural produce. President Sata made the remarks before closed-door talks with Chinese Prime Minister Li Keqiang and other senior Chinese government officials.

Finance and Banking

China’s Yuan Internationalization: Africa Eyeing Dim Sum Bond Market – International Business Times
10/04/2013
China’s currency — the yuan or renminbi (RMB) — hit a 19-year high against the U.S. dollar last week. An appreciating currency should breathe new life into China’s offshore“dim sum” bond market after a surprisingly subdued 2012.

Assessing Nigeria, Chinese global investments – Business Day (NGA)
10/04/2013
Nigeria has been one of the leading recipients of investments from Chinese companies between the period of 2005 and 2012, according to a new report by Derek Scissors of the US-based Heritage Foundation.

Dar Courts Chinese Tourism Investors – Tanzania Daily News (TZA)
10/04/2013
TANZANIA has encouraged Chinese businesspeople to invest in the country, as there are many opportunities in the tourism industry which have not been well explored.

Chinese Group Seeks Investment Opportunities In Ghana – Government of Ghana (GHN)
09/04/2013
Executive Secretary-General of the China People Association for Friendship with Foreign Countries has declared its intention to build a large port in Ghana to facilitate economic activities.

How real are Chinese investments in Nigeria? – Vanguard (NGA)
08/04/2013
In recent times, there has been growing concern over the genuineness of Chinese involvement in Africa and Nigeria in particular. The concern is borne out of the fact that China in its appetite for oil, in particular, to fuel its growing economy, is busy buying oil blocks and mineral resources from existing investments at any cost.

Mining and Metals

China to spend $20-million on acquiring ferrochrome smelters in Zimbabwe – Mining Bulletin
12/04/2013
Chinese chrome processor Afro-Chine Smelting says it is to spend more than $20-million on acquiring and building six chrome smelters in Zimbabwe, two of which will be commissioned in the country’s Midlands province in July, initially producing up to 50000 t/y of ferrochrome.

India, China eager for Botswana Coal – ZBC News (ZAM)
09/04/2013
Buyers in India and China have expressed strong interest in securing thermal coal supplies from Botswana, as the two Asian nations look for sources of energy to support their fast growing economies.

Oil and Energy

China’s Oil-backed Loans in Angola and Brazil – Amb. David Shinn
12/04/2013
Ana Cristina Alves, senior researcher at the South African Institute of International Affairs, published an article in the first issue for 2013 of the Journal of Current Chinese Affairs titled “Chinese Economic Statecraft: A Comparative Study of China’s Oil-backed Loans in Angola and Brazil.”

China’s Oil Firm Makes Foray Into Kenya – The People (KEN)
10/04/2013
China’s major oil corporation is planning to make major inroads in Africa to take advantage of the growing interest in the continent’s oil industry. According to The China National Offshore Oil Corporation (CNOOC) Chief Executive, Fu Chengyu, the company plans to capitalise on growing interest in the continent among explorers due to high oil prices and growing energy nationalism elsewhere. In Kenya, the company is seeking a stake in Tullow Oil, which is drilling oil in Turkana.

Chinese Firm Wins Bid to Expand Hwange – Financial Gazette (ZIM)
10/04/2013
THE State Procurement Board has awarded the tender for the extension of Hwange Power Station to China Machinery Engineering Company, The Financial Gazette’s Companies & Markets (C&M) has learnt.

Trade

Africa urged to drive harder bargains with China – Zimbabwe Mail (ZWE)
14/04/2013
For more than a decade African governments have rolled out the red carpet for Chinese investors, trading oil, coal, iron ore and other resources for badly needed ports, roads and railways.

China offers Africa trade, not aid – Business Day (ZAF)
11/04/2013
THE views she expressed were outrageous. Because they were made by a woman — and a black woman at that — they demanded attention. And the more attention her opinions received the more the chattering classes realised she was right.

China Waiver Window to Raise Exports – Tanzania Daily News (TZA)
09/04/2013
PREFERENTIAL treatment for Tanzanian goods in entering the Chinese market is expected to increase the country’s exports to the Asian nation, analysts say. Those who spoke to ‘Business Standard’ believe the implications are that Tanzanian businesses that are exporting the items that have received tax exemption will potentially export more to China. This is because the goods will be cheaper due to reduced tax.

Hong Kong ship owners seize chance as Africa trade soars – South China Morning Post (CHN)
08/04/2013
Burgeoning trade between China and Africa and sales by German shipping investment funds have combined to create opportunities for two fledgling Hong Kong ship owners.

Sanusi’s Protest against Trade Imbalance Ruffles China – This Day (NGA)
07/04/2013
Barely a month after the wake-up call by the Governor of the Central Bank of Nigeria, Malam Sanusi Lamido Sanusi, on Africa in general and Nigeria in particular to shrug off the yoke of economic imbalance with China, indications have emerged that the Chinese government may have embarked on a comprehensive review of its business role in the country.

Transport and Infrastructure

Kenya says Chinese firm wins first tender for Lamu port project – Engineering News (ZAF)
12/04/2013
A Chinese company has won the tender to build the first three berths at Kenya’s new mega port in Lamu, a senior Kenyan official said on Thursday, offering a glimpse of how east Africa’s biggest infrastructure project will be put together.

Zimbabwe overhauls major tourist airport on Chinese loan – Xinhuanet (CHN)
10/04//2013
A Chinese construction group will officially start the massive overhaul of a major Zimbabwean tourist airport near the Victoria Falls on Friday, a two-year project aimed at raising the airport’s passenger handling capacity and ushering in long-haul international flights.

Chinese-built locomotives fail Tanzania trial runs – Africa Review
08/04/2013
Six locomotives bought by the Tanzania Zambia Railway Corporation (Tazara) using a $24 million loan from China are said to have failed several trial runs.

Africa in China

Sad tales from Nigerians in China – CodeWit News
8/04/2013
VARIOUS narratives about Nigerians resident in different countries abroad show how individuals are constantly subjected to various levels of inhuman treatment while in pursuit of  existence. Little wonder some Nigerians are of the opinion that it is time Nigerians in Diaspora began dreaming of actualizing decent lives back in Nigeria.

Society

China condemns attack on UN peacekeepers in South Sudan – Xinhuanet (CHN)
10/04/2013
China strongly condemns an attack on United Nations peacekeepers in South Sudan, a Foreign Ministry spokesman said Wednesday. “The Chinese side strongly condemns the violent act of attacking UN peacekeepers in South Sudan,” Hong Lei said at a regular press briefing.

Do We Hate The Chinese? – The Ghanaian Chronicle (GHN)
08/04/2013
While I do not like stereotyping, I cannot help, but state categorically, that Ghana is not a xenophobic country that hates or fears foreigners. The 1971 Aliens Compliance Order will prayerfully remain the only discount note in an otherwise near-perfect harmony that has characterised relations between us and other people of the world.

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