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Published 1st June 2009

Vol 2 (AAC) No 8


Re-enter the dragon

Image courtesy of Panos Pictures
Image courtesy of Panos Pictures

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Bilateral trade is growing as Chinese diplomats explain their role in the negotiations for Zimbabwe's power-sharing government

The Beijing-Harare axis is thriving under Zimbabwe's power-sharing government. Despite opposition claims that China would lose influence because of its close relations with President Robert Mugabe and its historical support for the Zimbabwe African National Union-Patriotic Front (ZANU-PF), trade with Zimbabwe is increasing again. Furthermore, Beijing's officials say they helped prepare the ground for the new government, a claim which irritates Western diplomats.

China's trains, Zimbabwe's tobacco

Image courtesy of Panos Pictures

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Beyond the political controversy about relations with the Zimbabwe African National Union-Patriotic Front regime, Chinese businesses are set to provide an important source of new...

Wade's skyscraper legacy

Image courtesy of Panos Pictures

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Popular discontent and a lack of transparency threaten China's largest property development deal in West Africa

Kawsara in the Koran is one of the heavenly gardens promised to virtuous Muslims. In Dakar, it is the name of an ambitious property development, the Cité des Affaires Kaws...

Tug of war

The IMF has scored some points in its battle with China over the mining-for-infrastructure deal but a final decision is unlikely before year's end

The International Monetary Fund's pressure on Kinshasa has led to the first sign of the government buckling. At the end of 2007, President Joseph Kabila's government agreed a US$...

Billions for all

The list of countries with multibillion-dollar, Chinese-backed projects is growing longer, with Mozambique the latest country to receive a golden handshake. In late May, China Ex...

As sweet as chocolate

Despite questions about elections and stability, Chinese companies are streaming in

Western investors are waiting around on the sidelines, nervous that the outcome of Côte d'Ivoire's elections, scheduled for 29 November, may bring more instability, but Chi...

Leaky dam builders

While China's leading dam-builder Sinohydro was busy dealing with complaints from Western non-governmental organisations about its refusal to engage with local populations, an Ea...

Minerals meltdown

China is taking advantage of the global economic crisis to restructure its mining industry. A 4 trillion renminbi (US$586 billion) stimulus plan, announced late last year, encomp...

ICBC's toe in African waters

The October 2007 merger between the Industrial and Commercial Bank of China, the world's largest bank, and Standard Bank, South Africa's largest, is finally showing its potenti...


R.S. Sharma

Chairman and Managing Director, Oil and Natural Gas Corporation, India

R.S. Sharma has the top job at India's Oil and Natural Gas Corporation (ONGC), a state-owned company with a growing global agenda. Market capitalisation makes ONGC India's second...

Nong Duc Manh

General Secretary, Communist Party of Vietnam (CPV)

Its revolutionary days are long over and CPV General Secretary Nong Duc Manh leads an outward-looking Vietnam committed to multilateral diplomacy, which this year has taken steps...

Musa Hitam

Chairman, Sime Darby, Malaysia

Malaysia's Sime Darby has signed a US$800 million deal securing a 63-year concession to 220,000 hectares in Liberia that include the troubled Guthrie Rubber Plantations. Sime Dar...

Zhang Ming

Director General of African Affairs, Ministry of Foreign Affairs, China

Zhang Ming rose to his position through the West Asia and North Africa Department of China's Foreign Affairs Ministry, which he joined in the early 1980s. Postings at the embass...