Weekly news

12/05/2012 to 18/05/2012

Top Stories:                                                                                                          

 Chinese envoy urges peaceful settlement of Sudans disputes – Sudan Tribune (SDN)

 China commends Sierra Leone’s democratic credentials – Sierra Express (SLE)

 China unlikely to be big African coal investor – Mining Weekly (ZAF)

 Ethiopia urges foreign investment in railways – Walta Information (ETH)

 A new development paradigm? China and Brazil in African agriculture – IDS (GBR)

 China urges Africa to take advantage of shifting jobs from Asia – Walta Information (ETH)

Politics                                                                                                                 

S. African Bank Defends China-African Relationship – CRI
15/05/12
The Standard Bank of South Africa recently published an article that refutes criticism raised about China’s presence in Africa by highlighting the economic benefits that have resulted from increased relations between China and African nations.

China’s Security Policy in Africa and the Western Indian Ocean – Amb. David Shinn
15/05/12
The International Affairs Forum asked me to write a short piece on China’s Security Policy in Africa and the Western Indian Ocean. My response underscores China’s limited security interests in Africa.

Missing Pieces: China’s Challenges, Africa’s Mixed Picture, and More – Democracy in Development
14/05/12
Last week brought troubling economic news for China, with disappointing indicators on everything from import growth to retail sales to real estate investment. The Financial Times, the Guardian, MarketWatch, and Reuters have reported on the numbers. The data indicating a slowdown come in the wake of major political scandals.

Zimbabwe lauds China’s unwavering support – FOCAC
14/05/12
Zimbabwean President Robert Mugabe’s Zanu-PF party on Tuesday commended China for its unwavering support to Zimbabwe since independence in 1980.

Africa and the Power of the Pivot – New York Times (USA)
14/05/12
By now, nearly everyone has heard of the BRICS (Brazil, Russia, India, China and South Africa). Less known are the CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) and MIST (Mexico, Indonesia, South Korea and Turkey).

Chinese envoy urges peaceful settlement of Sudans disputes – Sudan Tribune (SDN)
13/05/12
Chinese envoy for Africa Zhong Jianhua urged Sudan and South Sudan to reach a peaceful agreement over outstanding issues and expressed China’s readiness to work closely with the two neighbours to settle their disputes.

China commends Sierra Leone’s democratic credentials – Sierra Express (SLE)
10/05/12
Sierra Leone, once known for her history of a decade long civil war, has once again come under the spotlight, but this time, with positive commendations from the world’s second largest economy, the People’s Republic of China for her steady progress in the maintenance of democratic principles and good governance as well as for her peaceful atmosphere over the years.

China Not Out to Colonise Africa Economically – Officials – AllAfrica (USA)
13/05/12
China is not planning to colonise Africa economically and industrially through its investments, Chinese officials said. Wang Kai , the Divisional Deputy Director , TEDA Administrative Commission, Tianjin, China, and Mr Wu Xiaxong, the Divisional Chief , National Development and Reform Commission of China made the statement in Tianjin, China, on Saturday.

The Emergence of China As a Leading Economic Powerhouse Has Opened Vast Opportunities for Region to Participate in Global Affairs As an Equal Partner – AllAfrica(USA)
11/05/12
The Chinese Ambassador to Zimbabwe, Xin Shunkang said this at a seminar in Harare at the Institute for Policy and Strategic Studies on China-Africa Relations in Southern Africa.

Business                                                                                                               

Africa, China geographies for the future: Anil Gupta – Business Standard (USA)
14/05/12
Havells’ joint managing director, Anil Gupta, who played a pivotal role in turning around its biggest foreign acquisition, Sylvania, has now set his eyes on the Africa and China markets.

Africa’s Continuously Increasing Importance – FOCAC
14/05/12
Under the auspices of the Chinese Research Society of African Affairs and hosted by African Studies Center of School of International Relations of the Yunnan University, the 2nd African Studies Forum and China-Africa Relations Seminar was held at the Yunnan University on 18th and 19th April.

Oil and Energy                                                                                                     

China unlikely to be big African coal investor – Mining Weekly (ZAF)
11/05/12
China’s involvement in Africa’s coal industry was likely to remain predominantly trade rather than investment related, Frontier Advisory research and strategy head Hannah Edinger said on Friday.

Mining and Metals                                                                                                

Ansys reports strong turnaround on rail, mining focus – Engineering News (ZAF)
16/05/12
AltX-listed engineering company Ansys on Wednesday said the refocusing of its business on the rail and mining market segments has resulted in the strong recovery of its financial results for the year ended February

Transport and Infrastructure                                                                                 

Ethiopia urges foreign investment in railways – Walta Information (ETH)
16/05/12
Ethiopia has called for more foreign investment into the country’s railways, as it plans to build a railway network of nearly 6,000 kilometers in the coming decade.

China Exim Bank lauds progress of Accra water project – FOCAC
14/05/12
A Senior manager of the Export-Import Bank of China (China EXIM Bank) told Xinhua Sunday that its largest funded project for water supply to Accra is going smoothly.

China Investment Corp. Willing to Invest More in Africa’s Infrastructure – CRI
11/05/12
China Investment Corp., the nation’s sovereign wealth fund, is willing to increase investment in Africa, especially in infrastructure, as the fund is seeking long-term returns in the rising economy, the company head has said.

Agriculture                                                                                                           

A new development paradigm? China and Brazil in African agriculture – IDS (GBR)
15/05/12
The growing visibility of the BRICS countries in international development cooperation has led to claims that they represent a challenge to the development paradigm, emphasising distinctive characteristics of horizontality, solidarity, mutual learning and partnership.

Trade                                                                                                                    

Rand weaker despite China easing – Business Day (ZAF)
14/05/12
THE rand was weaker in midday trade on Monday despite monetary policy easing by China as continuing concerns about Greece and its impact on the euro resulted in many commodity currencies, including the rand and the Australian dollar, being sold off.

Investment                                                                                                            

Chinese special envoy says good time to invest in Africa – FOCAC
14/05/12
A Chinese special envoy said on Friday that the world’s attention on Africa has shifted from aid to business opportunities and it’s now a good time for investment as the regional economy is on track of fast development.

Zimbabwe’s Mugabe welcomes Chinese tech investment – The Register (GBR)
11 May 2012
China’s technology industry received an unexpected, and possibly unwelcome, piece of publicity on Thursday when Zimbabwe president Robert Mugabe hailed the success of the “technology transfer” between the two countries.

Social                                                                                                                   

African culture to be promoted in China – China Daily (CHN)
16/05/12
A series of events will be held around China this year to promote African culture, China’s Ministry of Culture (MOC) said Tuesday.

Beijing urged to aid African social development – The China Post (CHN)
14/05/12
China Daily/Asia News Network — Africa needs more Chinese investment and aid to help with social development, such as building hospitals, said Alasan Senghore, director of Africa zone at the International Federation of Red Cross and Red Crescent Societies.

Manufacturing                                                                                                      

China urges Africa to take advantage of shifting jobs from Asia – Walta Information (ETH)
11/05/12
Chinese Social Representative of African Affairs of the Ministry of Foreign affairs urged African countries to take full advantage of the millions of jobs shaded out of the emerging Asian Countries.

Media                                                                                                                   

China Daily to publish African edition as Beijing strengthens voice abroad – The Guardian (GBR)
14/05/12
China’s biggest English-language newspaper is to publish a weekly African edition with bureaux in at least two countries on the continent. The African operation of the state-run China Daily will generate a range of Africa-specific content. It is to be based in Johannesburg, South Africa, with another office pencilled in for Nairobi, Kenya, reports said.

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