Courtesy of The Financial Times, an excellent article with compelling graphs about China’s long march towards national electrification: China could be on its way to becoming the world’s first major “electrostate”, with its electrification rate climbing to 30 per cent, ahead of the EU and US where electricity as a final share of energy has […]
Read more »Via South China Morning Post, a look at how Chinese companies are teaming up with African governments to fund infrastructure while reducing financial risk and easing debt pressure: China has turned to public-private partnerships (PPP) to finance big African infrastructure projects under a grand China investment initiative, a shift experts said could reduce Beijing’s financial risks while easing debt […]
Read more »Via Reuters, an article on recent investments into Ethiopia’s minerals and energy sector: Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7 billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a four-year, $3.4 billion program deal with the International Monetary Fund last […]
Read more »Via France24, a look at Colombia’s move to join China’s Belt and Road: Colombia’s president on Tuesday said he intends to sign an accord to join Beijing’s Belt and Road Initiative during an upcoming China trip, a move sure to damage already frayed relations with Washington. Leftist leader Gustavo Petro said he would sign a […]
Read more »Courtesy of the New York Times, a report on how Morocco is linked to Europe on the strength of its auto sector and a trade pact. But its status as a connector country has become precarious in the trade war: When Xi Jinping, China’s top leader, returned from the Group of 20 summit in Brazil […]
Read more »Via Rest of World, a report on how Huawei and Alibaba are outpacing established U.S. providers by aligning with government priorities and addressing data sovereignty concerns: Chinese providers have aggressively embedded AI into their offerings at a time when Gulf nations are pursuing leadership in the new tech. Saudi Arabia mandates government offices to use […]
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