Weekly news

24/03/2012 to 30/03/2012

Top Stories:                                                                                                          

 China urges talks between ECOWAS, Mali junta to end crisis -Xiinhua (CHN)

 China launches US$1 billion fund in Macau to boost relations with Portuguese-speaking countries – Club of Mozambique (MOZ)

 China may back developing nations’ candidates for W’Bank job – The Guardian (NGA)

 Agency says China industries aiding counterfeits trade – Business Daily (KEN)

 The Chinese are Coming – China Talking Points

 China commits to improve EAC trade – Dialy Monitor (UGA)

Politics                                                                                                                 

China urges talks between ECOWAS, Mali junta to end crisis -Xiinhua (CHN)
30/03/12
China on Friday urged the Mali military junta and the Economic Community of West African States (ECOWAS) to explore ways to end the ongoing crisis in Mali following last week’s military coup.

China launches US$1 billion fund in Macau to boost relations with Portuguese-speaking countries – Club of Mozambique (MOZ)
29/03/12
The Macau secretary for the Economy and Finance, Francis Tam, Tuesday announced the creation of the Fund for Cooperation and Development between China and the Portuguese-speaking Countries with initial capital of US$200 million, of which US$50 million will be the responsibility of the Macau government.

Chinese in the South Pacific: Echos of Africa – China-Africa Real Story Blog
29/03/2
Today a former student sent me links to two interesting papers by an Australian Ph.D. student with Chinese language who is doing research on Chinese engagement in the South Pacific. Graeme Smith’s take on the Chinese runs up against hardline Australian opinion, media coverage, and the conventional wisdom that seems to be — if it can be possible — even more negative than coverage in Europe and the U.S. regarding Africa.

China-Africa Testimony – Amb David H. Shinn
29/03/12
My testimony looked at US-China economic competition in Africa, the extraction of natural resources from Africa, land leasing in Africa, the promotion of democracy and human rights in Africa and possible US-China cooperation on UN peacekeeping, Somalia, Sudan and South Sudan.

Países emergentes devem ser ouvidos na escolha do novo presidente do BM – Jornal de Angola (AGO)
28/03/12
A China exigiu que a “voz dos países em vias de desenvolvimento” seja ouvida na escolha do novo presidente do Banco Mundial (BM), quando crescem os apelos para o fim do domínio norte-americano na instituição.

China may back developing nations’ candidates for W’Bank job – The Guardian (NGA)
27/03/2012
IN a move that could boost the chances of Finance Minister, Dr. Ngozi Okonjo-Iweala, landing the plum job, China yesterday said “the voice of developing countries” must be taken into account when selecting a new leader for the World Bank, amid calls for an end to United States (U.S.) dominance at the global lender.

Annan in China for Syria talks – News24 (ZAF)
27/03/12
International envoy Kofi Annan was meeting Chinese leaders in Beijing on Tuesday to discuss how to end the bloodshed in Syria, while opposition factions at talks in Turkey mulled a united front against the Damascus regime.

Chinese, South African presidents discuss bilateral cooperation – People Daily (CHN)
26/03/12
Chinese President Hu Jintao met Monday with South African President Jacob Zuma to discuss development of China-South Africa ties and exchange views on improving cooperation between the two countries. Hu said the international situation is undergoing a profound and complicated transformation. Because of that, the Chinese president said, solidarity and cooperation among developing countries has become more important and pressing.

Zimbabwe: Chinese Delegation Leader Hails President – The Herald (ZWE)
24/03/12
HEAD of a visiting Chinese delegation and Chinese Communist Party Politburo member Cde Lui Qui yesterday commended President Mugabe for his influential role in the establishment of cordial relations between China and Zimbabwe and the rest of Africa. Cde Lui said this when he paid a courtesy call on the President at State House and pledged China’s continued support to Zimbabwe in all facets of life.

China in a tug of war between two Sudans – Washington Post (USA)
24/03/12
On the day South Sudan became independent last year, China opened an embassy here, eager to protect its oil interests. It quickly dispatched its foreign minister and began discussing a huge aid package for this destitute land. Just a few months later, Beijing finds itself trapped in a bitter wrangle between South Sudan and its former rulers in Sudan, with both countries pressing Beijing to take their side.

China urges Mali to protect its citizens amid a coup – China Wire (CHN)
24/03/12
China on Friday urged Malian authorities to take tangible measures to safeguard the security and lawful rights of Chinese agencies and citizens in the West African country.

China, Egypt call for political resolution to Syria issue – FOCAC (CHN)
22/03/12
Chinese and Egyptian foreign ministers called for adherence to a political solution to the Syria issue during their talks here Wednesday.
The two ministers, Yang Jiechi and visiting Mohammed Amr, maintained that the international community should respect the choice of the Syrian people and support mediation efforts made by joint UN-Arab League envoy Kofi Annan, according to a press release from the Chinese Foreign Ministry.

Chinese vice president vows closer ties with Eygpt – FOCAC (CHN)
21/03/12
Vice President Xi Jinping met with visiting Egyptian Foreign Minister Mohammed Amr in Beijing on Wednesday, vowing to boost bilateral ties. Xi said relations between China and Egypt have withstood the test of a fluctuating international situation since the forging of diplomatic ties 56 years ago.

Economics                                                                                                            

Shares fall on US, China growth worries – Fin24 (ZAF)
29/03/12
Asian shares fell for the second straight day on Thursday as concerns about growth prospects in the world’s two largest economies, the United States and China, prompted investors to trim their risk exposure ahead of the end of the quarter.

BRICS leaders outline their path to stability, security, prosperity – Xinhua (CHN)
29/03/12
Leaders of the five-nation BRICS bloc issued a declaration on a broad range of international issues, including their recipe for securing stability, security and prosperity, after their one-day summit here on Thursday.

La Chine en Afriique: le cas da Maghreb – Chine-Afrique
26/03/12

China says ready to rehabilitate ailing Tazara – IPP Media (Tanzania)
24/03/2012
The government of China has expressed its readiness to help modernise the ailing Tanzania Zambia Railway (Tazara) as soon as possible to enable it to contribute to the economies of the latter two.

Business                                                                                                               

Agency says China industries aiding counterfeits trade – Business Daily (KEN)
28/03/12
Chinese manufacturers are colluding with traders to produce counterfeit goods for sale in Kenya, the Anti-Counterfeit Agency has claimed.

China’s African Odyssey – Wall Street Journal (USA)
28/03/12
Roughly one million Chinese nationals are working or doing business in Africa, from Egypt’s Mediterranean shore to South Africa’s Cape of Good Hope.
Theirs are the faces behind China’s soaring direct investment in Africa— which, according to China’s Ministry of Commerce—rose 87% to $1.1 billion during the first three quarters last year compared to the same period 2010.

The Chinese are Coming – China Talking Points
26/03/12
In this three part series on China’s surging international reach, the BBC’s Justin Rowland travels across a slice of Africa to explore the impact that the Chinese are having on the continent. He does an excellent job conveying the complexities of Sino-African ties, particularly at the grassroots level.

Chinese fever – The Independent (UGA)
25/03/12
On Feb. 21, the China National Offshore Oil Company (CNOOC), acquired a third of Uganda’s newly discovered but potentially huge oil reserves in a US$ 2.9 million farm-down deal with the British firm, Tullow Oil and France’s Total. Nothing official yet, but China is expected to lead negotiations to construct an oil refinery in the country’s Albertine region.

Huajian of China’s Ethiopian export zone may generate $4 bln – Walta Info (CHN)
23/03/12
Huajian Group, a Chinese shoe maker, plans to build a manufacturing zone in Ethiopia that may generate $4 billion of exports a year within a decade, Vice President Helen Hai said.

Chinese satellite to create 150,000 jobs for Nigerians – FOCAC (CHN)
21/03/12
The NigComSat 1R was an alternative satellite rebuilt by China for Nigeria, said Yin Liming, president of the China Great Wall Industry Corporation in his speech. With 28 transponders and seven antennas, Ku Kashi beam was added to the satellite in addition to the band C, L, Ku and Ka, which can provide commercial communications services for the continents of Asia and Africa at the same time, enjoying bright commercial operation prospects.

Transport and Infrastructure

Chinese capital equipment firm relaunches in SA – Engineering News (ZAF)
30/03/12
Shantui is back in South Africa following a R120-million investment by the capital equipment brand’s Chinese parent company in 2010. Shantui was previously distributed in South Africa by Bidvest subsidiary McCarthy.The new company, Shantui Equipment Southern Africa (SESA), is one of three African branches for the Chinese manufacturer, with the others based in Ghana and Kenya.

Serviços ferroviários abertos aos privados – Jornal de Angola (AGO)
27/03/12
O Executivo de Angola vai iniciar a fusão das principais empresas de caminhos-de-ferro do país, cuja reconstrução com financiamento da China está quase concluída, tendo em vista a venda parcial do seu capital a investidores privados.

Chinese auto maker sets eyes on market in Africa – Xinhua (CHN)
27/03/12
Chinese automaker Foton Motor group has opened an assembly plant in Nairobi in a bid to explore the market in Kenya and East Africa. The plant, which cost 50 million U.S. dollars, was officially opened Monday by Prime Minister Raila Odinga and a visiting Chinese delegation led by Liu Qi, a member of the Political Bureau of the Communist Party of China Central Committee.

Trade

China to cut import duties – Business Report (ZAF)
30/03/12
China, the world’s second-biggest importer, will cut import duties on some energy and raw materials products as well as consumer goods, to boost purchases, the Chinese cabinet said in a statement on Friday.

China commits to improve EAC trade – Dialy Monitor (UGA)
29/03/12
China, the world’s second largest economy, will enhance its trade and investments in East Africa, as it moves to cement its relationship with the region. The New Chinese Ambassador to the EAC, Mr Lv Youging made this commitment on behalf of his government while presenting his accreditation to Dr Richard Sezibera, the EAC secretary general in Arusha yesterday.

Africa’s exports to China rocket – Times Live (ZAF)
27/03/12
China is set to become Africa’s largest export destination this year, reflecting a dramatic change since 2008, when Africa exported half as much to China as it did to the US.

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