China Africa Watch
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China’s Aid to Africa: Monster or Messiah?

By: Yun Sun

WASHINGTON, February 11, 2014 (The Brookings Institution) -- In recent years, China’s economic presence in Africa has led to a heated debate, some of it well-informed and some of it not, about the nature of Chinese involvement and its implications for the continent.  The debate is partially motivated by the rapid growth of China’s economic presence in Africa: for example, Chinese investment in Africa grew from USD 210 million in 2000 to 3.17 billion in 2011.[1] Aid is an important policy instrument for China among its various engagements with Africa, and indeed Africa has been a top recipient of Chinese aid:  by the end of 2009 it had received 45.7 percent of the RMB 256.29 billion cumulative foreign aid of China.[2] This aid to Africa has raised many questions, such as its composition, its goal and nature.

Read more... Tuesday, 11 February 2014 22:00
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Sino-African trade: Modern-day Brobdingnag and flying geese

By Zaki Harare

LONDON, February 07, 2014 (Pambazuka News) -- Trade volumes between China and Africa have increased tremendously in recent years and close ties between the two are growing fast in a number of areas. Whether China will be a catalyst for massive transformation of Africa in the next few decades entirely depends on the strategic decisions taken by African nations.

Read more... Friday, 07 February 2014 21:46
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Forging Ahead
Chinese-African relations stronger than ever before

JinpingKenyattaBy He Wenping

CHINA, January 05, 2014 (FOCAC) -- Relations between China and Africa have enjoyed a continuous and steady development in 2013. The new Chinese leadership continues to attach great importance to China-Africa relations and strives to strengthen South-South Cooperation. Political trust between the two sides has deepened steadily with cooperation in the economy, trade and other fields ascending to new levels and health cooperation, cultural and people-to-people exchanges increasing in scope and depth.

Read more... Wednesday, 05 February 2014 22:03
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Reflecting on Sino-African Trade

ChiMallSino-African economic and trade relations in 2013 and the outlook in 2014

By Jiang Feifei

CHINA, January 10, 2014 (FOCAC) -- The year 2013 witnessed an increasingly volatile global economy, but an overall robust growth in Africa supported by strong investment demand, increased productive capacity as well as enhanced domestic consumption. The International Monetary Fund predicts that growth in Africa will reach to 5 percent in 2013 and 6 percent in 2014. Against this backdrop, both China and African countries focused on transforming their economic development modes and achieved impressive progress in bilateral trade and economic cooperation, involving more African countries and industrial sectors, which laid a solid foundation for the deepening of future cooperation.

Read more... Friday, 10 January 2014 22:07
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Africa: 2013 Witnessed Fruitful Economic and Trade Cooperation Between China and Africa With New Bright Spots Keeping Cropping Up

By Wang Yu, Xie Yi and Li Chunguang

CHINA, January 02, 2014 (CRI Online) -- In 2013, despite continuous global economic sluggishness, China and Africa continued a sound momentum of growth in their economic and trade relations. The two sides now enjoy a more solid foundation and show a stronger will for cooperation, and new bright spots keep emerging in the process.

Read more... Thursday, 02 January 2014 17:23
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Iron Clad: Partnerships with Chinese firms in West Africa

By Henry Hallal***

LONDON, December 20, 2013 (Critic Resource) -- Partnerships between Chinese and western firms at mining projects in West Africa could prove beneficial for companies and host governments, but only if the partners are a good fit. In recent years there has been an increasing trend of western multinational companies turning to Chinese partners to seek investment. This is particularly evident in the capital constrained mining industry where partnerships have provided western firms with access to Chinese project finance.

Read more... Friday, 20 December 2013 17:14

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