China

China Development Bank Vice-Governor Zhao Jianping has taken the reins of the China-Africa Development Fund from CDB colleague Gao Jian. Zhao's career is marginally more cosmopolitan than that of the man...

China's relations with Angola suffered a setback this month when Luanda turned down the acquisition by China National Offshore Oil Corporation and Sinopec of a coveted oil block. Worse, lower than...

Guinea's military ruler Moussa Dadis Camara set up a commission on 28 August to manage a planned US$1.6 billion investment from the China International Fund. The CIF is 70% owned...

Beijing faces a new round of criticism over its heavy investments in Sudan's oil business following the publication of a report by British lobbyists Global Witness(1) on 7 September pointing to...

Aggressive investment by the China Investment Corporation, which manages nearly US$300 billion of Beijing's $2.1 trillion in foreign reserves, is leading to a boom in Africa-focused investments. In...

Oil industry officials in Accra are linking Finance Minister Kwabena Duffuor's 18 September statement that Ghana had applied for a US$2 billion concessional loan from China to...

African trades unionists are stepping up their criticism of the Chinese companies in countries like Algeria, Nigeria and South Africa. In mid-August the Congress of South African Trade Unions called on...

African Labour Research Network investigators found that many factory inspectors at Kenya's Labour Ministry took bribes from Chinese and other companies to overlook bad practices. Despite reports that in Malawi, workers...

Chinese officials are discussing ways to use some of their country's $2.1 trillion in foreign reserves to finance what could be the world's biggest development aid programme, as Western economies are...