China threat forces UK rethink of Kenya policy – Business Daily (KEN)
Warned that it might lose its strategic position, the UK government has said that it will not impose any sanctions on Kenya for electing Uhuru Kenyatta and William Ruto as President and Vice President—citing commercial, military and strategic reasons.
Tanzania visit ‘testifies’ to bonds – FOCAC
President Xi Jinping’s visit to Tanzania during his first overseas trip since taking office demonstrates how much Beijing cares about its relationship with the country and the African continent, a high-ranking Chinese official said in Beijing on Wednesday.
What Xi Jinping’s visit to Tanzania means – Africa Review
Xi Jinping, the new Chinese President, is expected in Dar es Salaam Sunday for a visit that has great significance for Sino-Tanzania relations. Tanzania will be the second country–after Russia–that the Chinese president visits next week, only days after he officially assumed the presidency, signifying how much the Chinese value relations with Tanzania.
India unable to match Chinese efforts in Africa: Zambia V-P – Live Mint (IND)
India hasn’t been able to match Chinese efforts to tap the resource-rich African continent, according to Guy Scott, vice-president (V-P) of Zambia.
China-Africa cooperation contributes to African development: spokesman – Xinhuanet (CHN)
China’s trade and economic cooperation with Africa plays a positive role in the continent’s development, a Ministry of Commerce (MOC) spokesman said Tuesday.
China’s Embrace of Africa – China US Focus (USA)
When President Xi Jinping goes to South Africa he will naturally assure Africans of China’s continued friendship, desire to invest, to trade broadly, and to assist most of the forty-nine sub-Saharan African countries with their massive new or refurbished infrastructural needs. But he could also inaugurate a strikingly new and more favorable economic relationship with Africa that reflects Africa’s paramount needs.
China and Africa with President Xi Jinping at the helm – SAIIA (ZAF)
Last week rung in the changes in China’s top leadership positions as Xi Jinping replaced Hu Jintao as China’s new president. President Xi is also the general secretary of China’s Communist Party and chairman of the Central Military Commission. In one of his first visits abroad as head of state, President Xi will be undertaking a state visit to South Africa on the margins of the upcoming BRICS Summit on 26-27 March 2013 in Durban.
‘China Not Responsible for De-Industrialisation of Africa’ – Leadership (NGA)
The Chinese Government has said that it was not to blame for the de-industrialisation and less developed state of African countries as widely believed, saying that this was a result of western media hype.
China values Botswana’s friendly cooperation – The Patriot (BOT)
The outgoing Chinese Ambassador to Botswana Liu Huanxing says his country attaches great importance on the friendly cooperation with Botswana and all other African countries.
Chinese president to embark on four-nation tour – FOCAC
Chinese President Xi Jinping will pay state visits to Russia, Tanzania, South Africa and the Republic of Congo on March 22-30. Foreign Ministry spokesperson Qin Gang made the announcement in Beijing on Monday. Xi is making the visit at the invitation of Russian President Vladimir Putin, Tanzanian President Jakaya Mrisho Kikwete, South African President Jacob Zuma and President of the Republic of Congo Denis Sassou Nguesso.
Will China Wear Out Its Welcome in Africa? – FPIF
From the eight-lane Nairobi-Thika highway built by Chinese construction companies to the ubiquitous Chinese restaurants around town, the signs of China’s activity are everywhere in Kenya—right down to the friendly nihao called out by Kenyans as I walk down a Nairobi street.
Adopting The China Strategy: Aggressive Enterprise vs National Development – Ventures
Undoubtedly, China’s economical success is phenomenal. Some are challenged by it; some intimidated. And some feel threatened. I fall in the category of those challenged by it, and it fueled my curiosity to know how China achieved its present economic status. Several sources have analysed the transformation of the Chinese economy, but I laid my hands on a book titled: THE CHINA STRATEGY by Edwards Tse which attempts to narrate the enterprise side of the coin.
China’s rise and Nigeria’s prospects: Can we replicate same? – This Day (NGA)
I was struck by the caption on the cover of The World Street journal edition of Wednesday-March 13, entitled “For Xi, a ‘China Dream’ of Military Power. “In the article written by Jeremy Page, the writer had analyzed the shape of things to come in China especially in international politics and other strategic initiatives under the leadership of Xi Jinping who was formally invested with the position of President of the Republic last Thursday-having already assumed the command of the military as well as the position of the Secretary General of the Communist Party of China.
Finance and Banking
FG seeks enhanced economic ties with China – Business News (NGA)
The Federal Government on Monday called for enhanced economic ties with the Chinese Government. The Minister of Foreign Affairs, Ambassador Olugbenga Ashiru, made the call at a meeting with Mr Zhong Jianhua, Special Representative, African Affairs for China, in Abuja.
India And Australia, Not China, Lead Asian M&A Charge In Africa – Forbes
China‘s interest in Africa is no secret. A lesser documented story is that of India and Australia’s interest in the continent. A recent article in The Economist noted that foreign direct investment in Africa hit $46 billion in 2012, up from $15 billion in 2002. The bulk of deals are in infrastructure and transportation, with China as a majority investor, but straight-forward M&A is also playing a role.
China’s Pledge of $20 Billion to Africa: Aid or Not? – China in Africa: The Real Story
At the fifth ministerial meeting of the Forum on China Africa Cooperation held in Beijing last summer, the Chinese announced a new pledge of a $20 billion line of credit “for Africa”. Almost immediately, reporters began to call this pledge of credit “Chinese aid” to Africa. Jane Perlez at the New York Times probably influenced many when she called it “Chinese aid”. Others confidently labeled the $20 billion in finance “concessional“.
Chinese firms urged to invest in Africa – Fin24 (ZAF)
Chinese businesses operating in Africa need to follow local laws and put long-term benefits ahead of short-term gains, a Beijing diplomat said Monday, acknowledging that rising trade had created “growing pains” in economic ties.
Ethiopia Welcoming More Chinese Manufacturers – BolePark News (ETH)
As China’s labor, manufacturing and resources costs continue to rise, Ethiopia, one of the fastest developing countries in the world is hoping Chinese companies will consider opening more factories there.
Oil and Energy
China to Undertake Large-Scale Shale Gas Production By 2015 – Vanguard News (NGA)
China has announced plans to undertake large-scale commercialized production of shale gas by 2015. According to its 12th Five-Year Plan (2011-2015), the country said it hopes to achieve its production target of 6.5 million cubic meters by 2015, by accelerating its pace in surveying and exploring the unconventional energy source.
China investments in Africa boom – UPI
China’s trade with Africa is booming as Chinese investments in the continent soar, Chinese officials and experts say. The official China Daily reported Wednesday a growing number of Chinese companies are investing in Africa where they see big opportunities. China is already Africa’s largest trading partner.
Chinese imports to Nam growing – The Namibian (NAM)
This made China Namibia’s third biggest import partner, with imports from the Asian giant representing 4% of Namibia’s total imports for 2012. In 2011, imports from China constituted 3% of total exports.The trade relationship, however, is not mutual as China doesn’t feature as one of Namibia’s key export markets.
China views Ethiopia as major economic, trading partner in Africa: minister – China.com
The bilateral trade volume reached a historical high of 1.376 billion U.S. dollars during the first 11 months of last year, up 12.4 percent over the same period of the previous year, said Chen, adding that China’s imports from Ethiopia during that period rose 202 percent to over 200 million dollars.
China lowers trade tariffs to woo Kenya exporters – Business Daily (KEN)
China is dangling lower tariffs and regulatory reforms to woo Kenyan traders in a bid to cement commercial relations that are heavily slanted in its favour. Africa’s industrial products now attract only 8.9 per cent tariff while agricultural ones face 15.2 per cent, said Yao Chenxi, economic and commercial counsellor at Chinese Embassy in Nairobi.
Quality, corporate image stressed in China-Africa cooperation – People’s Daily (CHN)
Vice Foreign Minister Zhai Jun on Monday stressedraising the quality of the China-Africa trade partnership and projecting responsibleimages of Chinese corporate culture in Africa.
Transport and Infrastructure
China, Africa’s confusing puzzle – The Africa Report
Not all Africans have welcomed China’s gift. West African political commentator Chika Ezeanya considers it an “insult to the AU and to every African that in 2012 a building as symbolic as the AU headquarters is designed, built and maintained by a foreign country.”
Blacklisted Chinese company hired to build Ugandan highway – African Review
China Communications Construction Company Limited, the company contracted to construct the four-lane 51.4 kilometre Kampala-Entebbe Express Highway was blacklisted by the World Bank over fraud, the Bank’s website shows.
Chinese contractor completes Ghana’s new Foreign Affairs building – Ghana Business News (GHN)
The Yanjian Group, Chinese contractors, working on the construction of the new office premises of the Ministry of Foreign Affairs and Regional Integration, has handed over the completed building to the ministry, one month ahead of schedule.
West plays catch-up on Africa contracts – Financial Times
It took the Africa Cup of Nations to bring Bechtel, the US construction and engineering group, back to Gabon. In 2010, with just two years to go until the football competition, the co-host was behind schedule building stadiums. The pro-US president invited the company to speed things up.
Africa in China
Ghanaian community in china home coming – Ghana Web (GHN)
On 23rd Febraury, 2013, Ghanaian businessmen/women who reside in China took the opportunity to be in Ghana as Chinese celebrates their new year. As part of their holiday making, they took time out of their busy schedules to dine, wine and dance with love ones and business partners at KINGSBY HOTEL, Achimota, Accra.
Africa-China-EU experts urge improvement of global arms trade treaty – FOCAC
A group of non-proliferation experts from Africa, China and the European Union (EU) urged UN member states to fix loopholes in the drafted Arms Trade Treaty (ATT) Friday. A strong and robust ATT should be secured to prevent lives from being destroyed by the arms trade, the nine-member Africa-China-EU Expert Working Group (EWG) on Conventional Arms said in a statement ahead of UN-led negotiations on the issue scheduled for Monday.
China-Africa cooperation on rainwater harvesting – World Agro Forestry
A major problem for the Maasai people of East Africa is accessing water for themselves and their livestock. A joint China-Africa project is providing intensive technical training and workshops to promote rainwater harvesting in the region.
China’s media challenge in Africa – China Daily (CHN)
Even a cursory look at the African media will reveal its uncanny similarity between Eurocentric media trends and the contours of Sub-Saharan African press, which can be attributed to historical reasons.
China should increase influence on international affairs: media head – FOCAC
The new leadership in China should be aggressive and up their influence on the international agenda in order to neutralize the voice of the west which has been dominant in international affairs, the head of one of Zambia’s leading daily newspapers has said.
Chinese firms need to engage more with locals inside South Sudan – Global Times (CHN)
The situation for Chinese companies in South Sudan remains relatively stable. However, though some are operating effectively, others are at standstill due to financial difficulties. Some Chinese companies face challenges operating in conflict-affected areas outside of the capital. This hampers some of their operations in South Sudan.