Courtesy of The Financial Times, an article on Chinese hotpot companies and their growing focus on international market to make up for weak Chinese domestic demand: Chinese hotpot meals are social events with diners sharing a steaming pot of soup. These restaurants were understandably hit hard during the pandemic due to social-distancing requirements. Now they […]
Read more »Via Bloomberg, an article on China’s agreement to revamp a railway linking Zambia with Tanzania: Line links copper-rich Zambia with Tanzania’s main ocean port China’s move follows US support for rail link going to Angola China signed an agreement Wednesday to revamp a railway that will help landlocked Zambia, Africa’s second-largest copper producer, export the […]
Read more »Courtesy of the New York Times, a report on the more than 50 African leaders that have gathered in Beijing for a summit aimed at projecting the influence of China’s leader, Xi Jinping, in the developing world: African flags have been flown over Tiananmen Square. Leaders of African nations have been greeted by dancers, honor […]
Read more »Via Bloomberg, a report on discussions between South Sudan and China National Petroleum Corporation about a new pipeline: Substitute pipeline could traverse Ethiopia and Djibouti South Sudanese leader met China National Petroleum’s chairman South Sudan and China National Petroleum Corp. are considering establishing a substitute crude pipeline as over-reliance on the existing conduit curtails exports. […]
Read more »Via The Washington Post, a look at Beijing’s efforts – by feting African leaders and announcing new investment deals and partnerships – to strengthen its influence in global trade and geopolitics: Leaders and senior officials from 50 African nations are gathering in Beijing on Wednesday for a three-day summit hosted by Chinese leader Xi Jinping, […]
Read more »Via the Asia Times, commentary that China is Africa’s most important trade and investment partner but the continent needs a more unified position to get a better deal: China’s relationship with Africa is vital to Beijing’s efforts to expand its influence in the Western-dominated world order. China is Africa’s most significant trading partner and a […]
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