China’s ties to Africa are likely to get stronger this year as the world’s biggest economy appears poised to once again double its investments across the fast-growing continent. The run-up to the sixth Forum on China-Africa Cooperation (FOCAC) to be held early next month in South Africa is under ...
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Indeed, South Africa, not China, is the country making the largest investments in the rest of Africa. China's credo of "non-interference in domestic affairs" and "separation of business and politics" is, not surprisingly, music to the ears of African leaders, who fall over each other to sing the praises of Chinese co-operation with their countries.
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Now 100 years after World War 1, add the global dynamos of the United States, China, Japan, Russia, India, Turkey, Israel, South Korea and Brazil among the fierce competitors for Africa’s riches. All of these countries use state supported corporations, transnational corporations, world organizations, foreign aid, loans, diplomacy and …
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So began an article published in The Economist last year, focusing on a growing “backlash” against China’s broad involvement in Africa. The narrative of so-called South-South exploitation is well known: over the past decade, China has been accused of swooping in on African industry, targeting the minerals that have fuelled its boom …
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Almost 100% of Angola and Sudan’s exports to China are made up of crude oil, for example, while only South Africa has a relatively diversified export profile. Imports from China are somewhat more varied, although concentrated on the regional powerhouses of South Africa and Nigeria, and consist mainly of machinery and transport equipment …
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