Weekly news

10/11/2010 to 16/11/2010

China not neocolonialist -China Daily (CHN)

16/11/2010
Mutual benefits and respect distinguish China’s presence in Africa from Western colonialists and profiteers

China’s Africa resource hunt needs transparency -Reuters
16/11/2010
Chinese companies eying African mineral resources must be transparent in their investments, or risk a backlash from closed-door deals, a senior World Bank executive said on Tuesday.

China’s African safari strictly business -Asia Times (CHN)
16/11/2010
Read China’s state media and you will learn that, thanks to projects financed by Chinese companies and the central government, Africa is booming while the continent’s political leaders trip over one another to express their appreciation for Beijing’s helping hand. And it’s all true.

Zimbabwe gov’t hails China-Africa co-op -People’s Daily (CHN)
16/11/2010
The Zimbabwean government hails the Forum on China-Africa Cooperation (FOCAC) for contributing to improvement of ordinary Zimbabweans’ lives.

China can help Africa escape colonial legacy -Global Times (CHN)
16/11/2010
Last month, some observers groaned loudly after a shooting incident at a Chinese-run coal mine in Zambia. They accused China of just being interested in exploiting Africa’s resources.

Zimbabwe: High-speed internet by end of 2010 -Africa News (NED)
16/11/2010
Zimbabwe will by end of the year launch a fibre optic cable that will link the country to the undersea high-speed cable in Mozambique, a cabinet Minister has said. The high-speed cable is expected to boost the countr’s internet connectivity speed, in a development that will see the country enjoying high-speed internet connectivity.

China’s Xi in SA for minerals, investment -Engineering News (ZAF)
16/11/2010
Chinese Vice President Xi Jinping began a trip to mineral-rich South Africa on Tuesday aimed at securing resources for the Asian economic power, looking to extend its influence in the African continent.

Zambia determined to strengthen China trade ties -Lusaka Times (ZMB)
16/11/2010
Vice President George Kunda has reiterated Government’s determination to strengthen trade relations with China.

Ningbo to Open Commercial Goods Fair in Africa -Ningbo Expat Life (CHN)
16/11/2010
Then, the first Benin (West Africa) China Commercial Goods Fair will open. It is learned that this is the first time Ningbo hold Chinese commercial goods exhibition in Africa.

Ties with China: good for some, bad for others -New Times (RWA)
16/11/2010
China cannot keep out of the news. The news and the reasons are varied and include these kinds of subjects. Dissident wins Nobel Peace Prize but remains in jail. Artist put under house arrest. The value of the Yuan is artificially kept low to boost Chinese exports.

Chinese envoy bids farewell -New Times (RWA)
16/11/2010
The outgoing Chinese Ambassador to Rwanda, Sun Shuzhong, yesterday paid a courtesy call on President Paul Kagame at Urugwiro Village to bid him farewell after three years  representing his country in Rwanda.

Vice president Xi leaves for four-nation visits -FOCAC (CHN)
16/11/2010
Chinese Vice President Xi Jinping left Beijing Sunday to pay official visits to Singapore, South Africa, Angola and Botswana.

Chinese VP visits Botswana -Mmegi Online (BWA)
16/11/2010
Chinese Vice-President, Xi Jinping will be on a three-day official visit to Botswana, from November 20-22.

Uranium Demand Rising as China `Piles Up’ Contracts, Paladin Energy Says -Bloomberg (USA)
16/11/2010
Paladin Energy Ltd., the Australian mining company producing uranium in Africa, expects prices to keep rising as China drives demand for nuclear fuel.

Angola proposes adjustment in cooperation with China -Jornal de Angola (AGO)
16/11/2010
The Chinese Vice President Xi Jinping will visit Angola later this year and meet with the President of the Republic, José Eduardo dos Santos, to revive economic cooperation between the two countries.

BUILDING AFRICA WITH BRICS -The Namibian (NAM)
16/11/2010
BRIC (Brazil, Russia, India, China) is the most powerful emerging block of nations, encapsulating about 15 per cent of global GDP, 25 per cent of world output and close to 50 per cent of the world’s population.

Chinese arrested for selling sanitary pad as medication -Ghana Web (GHA)
15/11/2010
Mr Henry Cia, country representative of Winalite Ghana Limited, a Chinese company, has been arrested for allegedly influencing people to buy “Love Moon Anion” sanitary pads as medication in Accra.

Zambia: US$1.5 billion hydro power station underway -Lusaka Times (ZMB)
15/11/2010
Construction works of a new hydro power station at Kafue gorge lower are set to commence next year by June following the completion of a feasibility study, Energy minister Kenneth Konga has said.

China not pose threat to any country: Chinese vice president -Xinhua (CHN)
15/11/2010
A prosperous and stable China does not pose a threat to any country, and it only means more development opportunities for other countries, visiting Chinese Vice President Xi Jinping said here on Monday.

Xi’s visit expected to boost China-South Africa ties: ambassador -Xinhua (CHN)
15/11/2010
Chinese Vice President Xi Jinping’s visit to South Africa this week is expected to strengthen the “already very good” bilateral relations, says South Africa’s ambassador to China.

China’s trade minister says cooperation between China and Portuguese-speaking countries is solution to international crisis -Club of Mozambique (MOZ)
15/11/2010
The Chinese trade minister, Chen Deming, Sunday called for a boost to cooperation with Portuguese-speaking countries and the advantages of market complementarities as a way of facing the challenges of the international crisis.

Chinese pledges at Macau conference -Club of Mozambique (MOZ)
15/11/2010
The third conference of the Forum Macau, set up to boost economic and commercial cooperation between China and the members of the CPLP (Community of Portuguese speaking Countries), ended on Sunday with China granting further funding to Mozambique of 65.5 million US dollars.

Somalia: 29 Chinese kidnapped -Africa News (NED)
15/11/2010
The European Union’s anti-piracy forces have confirmed that the Panamanian-flagged ship with 29 Chinese have been hijacked by Somali pirates.

FG to sign MoU with China on fake products -Vanguard (NGA)
15/11/2010
AS part of moves to address the influx of fake products into the country, the Federal Government disclosed weekend that arrangements had been concluded for the signing of a Memorandum of Understanding with Chinese manufacturers on the standardization of goods produced in China.

Sixteen Chinese workers held over permits, officials claim -Business Day (ZAF)
15/11/2010
Sixteen Chinese workers subcontracted to build cellphone company Cell C’s high-speed 4G network were detained in Durban for allegedly having invalid work permits

SocGen sees Africa as route to China -Financial Times (GBR)  
14/11/2010
Africa is becoming a route to China for Société Générale as the French bank targets Chinese companies doing business in the mineral-rich continent as part of its African expansion strategy.

Is there a China-India race in Africa? -Sify News (IND)
14/11/2010
Once again Prime Minister Manmohan Singh asserted recently, while answering a journalist, that the world was large enough to accommodate the growth ambitions of both India and China.

Investment flow to Ethiopia increasing -Walta Info (ETH)
12/11/2010
The Ethiopian Investment Agency (EIA) said that investment flow to Ethiopia has been increasing from time to time.

Chinese to carryout free cataract surgery -Zimbabwe Broadcasting Corporation (ZWE)
12/11/2010
Three hundred people with eye cataracts from across the country, are set to undergo surgery free of charge under a Chinese initiative code named Brightness Project.

Second Take: SA/China trade relations -Engineering News (ZAF)
12/11/2010
Creamer Media’s Mariaan Webb speaks to Engineering News senior deputy editor Keith Campbell about South Africa/China trade relations.

Shaanxi seeks locals to knit sweaters for African orphans -FOCAC (CHN)
12/11/2010
The Shaanxi Provincial Women’s Federation is joining the “Constant Love Action” to seek local kind-hearted people to knit sweaters for African orphans and handicapped children.

Tenth anniversary of China-Africa forum observed in Egypt -FOCAC (CHN)
12/11/2010
Chinese and African diplomats celebrated the 10th anniversary of the Forum on China-Africa Cooperation (FOCAC) here on Wednesday evening, hailing the fruitful results that the forum has achieved over the past 10 years.

China Development Bank issues first Africa loan to Egypt -Al-Masry Al-Youm (EGY)
12/11/2010
The China Development Bank has issued the first in a series of loans China is offering to support small and medium sized African development enterprises. The bank explained in a statement published on Friday on its website that the loan worth US$200,000 was granted to the company Wonder Lighting Egypt.

Africa: UNDP, China to Boost Their Partnership on Continent -FOCAC (CHN)
11/11/2010
UNDP will be strengthening its cooperation with China to boost poverty reduction efforts on the African continent.

An analysis of China-Africa economic ties -The Official Blog of Ambassador David H. Shinn
11/11/2010
The Center for Global Development in Washington just published a paper titled “China in Africa: A Macroeconomic Perspective” looking at China’s role in Africa from the Chinese perspective.

Togo receives $12m from China -Africa News (NED)
11/11/2010
China gives $12 million to Togo to boost the West African nation’s agriculture and infrastructure, the government has said.

 

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