Sino-African engagement steered onto stable path - World. The Coordinators' Meeting on the Implementation of Follow-up Actions of the Beijing Summit of the Forum on China-Africa Cooperation, held recently in Beijing, was an important gathering in the process of China-Africa friendly engagement to take the China-Africa comprehensive strategic and cooperative partnership to a higher level. At the meeting, China and Africa agreed to build a community of shared future and jointly pursue a development path under the Belt and Road Initiative. With rising unilateralism, protectionism and bullying in the contemporary world, economic globalization is confronted by various countercurrents that have become major barriers constraining the growth of developing countries. China, the biggest developing country, and Africa, the continent with the largest number of developing countries, remain true to their original aspirations by joining hands to promote a community of shared future for mankind.
Africa is an important cornerstone of China's foreign policy. China-Africa cooperation in high gear, powering global growth. Panafricanalliance. China conducts joint medical rescue drill with EU Naval Force in Djibouti - Ministry of National Defense. Participants from China and the European Union Naval Force (EU NAVFOR) Combined Task Force (CTF) 465 transfer the “injured sailor” during a joint rescue drill at the Chinese PLA Support Base in Djibouti on Oct. 12, 2018. (Photo by Tan Longlong) By Zhang Qingbao and Tan Longlong DJIBOUTI, Oct. 15 (ChinaMil) -- The Chinese People’s Liberation Army (PLA) Support Base in Djibouti conducted a joint medical rescue and evacuation drill with the European Union Naval Force (EU NAVFOR) Combined Task Force (CTF) 465 on the morning of October 12, local time, in a bid to explore the methods for joint air-sea medical rescue and evacuation at oversea base, and to test and strengthen the emergency medical rescue support capability of the PLA Support Base in Djibouti.
The drill simulated the cabin of a merchant ship STAR caught fire in the western waters of the Gulf of Aden at around 6:00 a.m. local time and six sailors were ”injured”. China’s Empire of Money Is Reshaping Global Trade. China floods Africa with needed dollars, stoking US concern - SFGate. In this photo provided by China's Xinhua News Agency people gather before a red banner written in English and Chinese set up for the opening ceremony of the African Union Conference Center in Addis Ababa, Ethiopia, on Jan. 28, 2012.
The sleek, green-and-white trains glide past the congested, ragged streets of Addis Ababa along the city’s new light rail _ built and financed by China. The towering silver African Union headquarters here was built by China, too. So was the new ring road system around the city. And the new railway connecting landlocked Ethiopia to Djibouti. (Ding Haitao/Xinhua via AP) less In this photo provided by China's Xinhua News Agency people gather before a red banner written in English and Chinese set up for the opening ceremony of the African Union Conference Center in Addis Ababa, ... more Photo: Ding Haitao, AP U.S. U.S. Photo: Jonathan Ernst, AP U.S.
U.S. China floods Africa with needed dollars, stoking US concern Across the Atlantic Ocean, America has noticed. ‘Significant’ consequences if China takes over Djibouti port, says US general. Where Africa Fits Into China’s Massive Belt and Road Initiative - The Quint. A new chapter of China-Africa cooperation unfolds. Chinese investment in Africa rises in first quarter of 2017 | Africanews. Trade between China and Africa has risen by a fifth in the first quarter of 2017, while China’s direct investment in Africa soared by 64 percent, the Chinese commerce ministry said on Thursday.
Sun Jiwen, spokesman at the ministry outlined this recent rise is linked to China’s change in trade policies in 2015. China’s total trade with Africa rose 16.8 percent to $38.8 billion in the first quarter, its first quarterly increase on a yearly basis since 2015, Sun said during a regular news briefing in Beijing. Chinese President Xi Jinping announced plans to plough $60 billion into African development projects at a summit in Johannesburg in 2015, saying it would boost agriculture, build roads, ports and railways and cancel some debt.
Africa as a big emerging market with a fast-growing population, presents a lot of business opportunities to countries like China. Over the past decade, six of the world’s 10 fastest-growing countries were African countries. Reuters. Les échanges commerciaux entre la Chine et l’Afrique ont pris un excellent envol au premier trimestre 2017. Les échanges commerciaux entre la Chine et l'Afrique ont progressé de 16,8% pour s'établir à 38,8 milliards $ au premier trimestre 2015, a annoncé ce jeudi, Sun Jiwen, le porte-parole du ministère chinois du Commerce, lors d'une conférence ordinaire tenue à Pékin. C’est la plus importante hausse trimestrielle depuis 2015. D’une part, cette performance a été surtout impulsée par un bond de 46% des importations en provenance d'Afrique, en particulier les importations agricoles qui ont augmenté de 18%.
Cependant, les exportations chinoises ont enregistré une baisse plus faible de 1%, par rapport à l'année écoulée, a souligné Sun Jiwen. D’autre part, cette dynamique est surtout portée par les investissements directs non financiers de la Chine sur le continent qui ont également grimpé de 64 % au cours du trimestre. Les pays comme Djibouti, le Sénégal et l'Afrique du Sud ont connu une hausse de plus de 100% des IDE chinois au cours de la période. Suez canal becoming vital in Egypt-China cooperation. China-Mauritius Ties, Recent Port Louis symposium explores benefits of OBOR.
Belt & Road spurs Africa’s economic growth. Illustration: Liu Rui/GT The China-proposed One Belt and One Road initiative has increasingly been regarded as a name card of China's diplomacy and welcomed by the international community since it was first put forward in 2013. More than 100 countries and international organizations are involved in the initiative and over 70 nations along the route have signed cooperative deals with China. Africa, with abundant resources, huge market potential and strong desire for infrastructural construction, has played an active role in the Belt and Road initiative, and has grasped historic development opportunities.
China-Africa cooperation aids in the progress of their respective economic and trade development. Chinese enterprises have invested heavily overseas and purchased a large number of foreign companies in recent years. China's total foreign investment has surpassed $100 billion in 2014. At present, most African countries are at the start of industrialization.
Africa has key role in reviving Silk Road | IOL. Beijing - Africa has an important role to play in China’s much-touted One Belt and One Road Initiative, an ambitious plan to revive the old maritime Silk Road, which wields plenty of financial muscle and promises to boost member-countries's growth and economies. This is according to deputy director of the department of African Affairs at China's Ministry of Foreign Affairs Bing Dai. He was speaking to journalists from 27 countries in Africa at a press conference in Beijing. The journalists are fellows of the Cape African Press Centre. A customer waits for his tea on the balcony of Ostang Boi Teahouse in Kashgar, a city which had an important position on the ancient Silk Road, through which merchants traded tea and other goods between China, Middle East and Europe. File picture: Zhao Ge/Xinhua Dai said: "Africa is an important participant in the revival of this old maritime route.
China will host the first Summit of the Belt and Road Initiative (BRI) next month. Weekend Argus. Africa: China Becomes Top Job Creator in Africa, Expert Says. Nairobi — China has created close to 30,000 jobs in Africa over the last two years, more than any other country in the world, an expert said on Friday. "China ranks the 7th in terms of project numbers in Africa, but it created the most jobs, which is unexpected by many people," Jeremy Stevens, economist at Standard Bank Group, told Xinhua on the sidelines of an economic forum in Nairobi. Stevens said most jobs come from China's greenfield investment by private sector.
He attributed the job creation to China's investment strategy as well as its willingness to hire local people. "On one hand, Chinese investment in Africa is mainly in labor-intensive industry; on the other hand, most African countries see employment as their top priority, which Chinese companies are willing to cooperate," he explained.
"Contrary to the popular belief that Chinese companies only hire Chinese workers, 93 percent of companies report hiring Kenyan employees," according to the paper. Africa: 200 Chinese and African Companies Identified Investment and Business. Press release More than 200 Chinese and African companies met in Guangzhou, China, on 14 December to explore business and investment partnerships in the agro-processing and light manufacturing sectors. The level of China's investment in Africa is increasing fast. However, China's total investment in African countries remains lower than that of many developed countries. Investments are also largely focused on large projects in a few sectors, including mining, oil and infrastructure.
The Business Partnership Event brought together African and Chinese companies looking for joint ventures and foreign investors to scale-up their businesses. Chinese and African companies initiated investment deals during more 300 one-to-one business meetings. African companies have already arranged immediate follow-up company visits to continue discussions on technology transfer, research and development, supply of manufacturing equipment.
The event was opened by Ms. La Chine veut que la route de la soie passe par l’Afrique. Economie URL courte Le ministre chinois des Affaires étrangères Wang Yi a invité les pays africains à participer à l'initiative « Une ceinture, une route », apprend-on d'une déclaration publiée sur le site du ministère. Ainsi, la Chine mise sur le développement de ses relations avec ce continent. © Photo. © Photo: East News/Xinhua/Chogo La route de la soie chargée de réunir la Chine aux autres parties de l'Eurasie, ainsi qu'à l'Océanie et à l'Afrique de l'est est un des éléments clé de la politique internationale de ce pays. « La Chine lance un appel aux pays africains pour participer à l'implémentation de la stratégie "Une ceinture, une route" », apprend-on de la déclaration du ministre chinois.
Le ministre indique également que l'Afrique a historiquement été une partie de la ceinture économique de la route de la soie, ainsi que de la voie maritime de la soie. Suivez Sputnik sur Telegram pour ne jamais manquer les actualités les plus importantes grâce à nos sélections du matin et du soir. Steady increase in Chinese investment in Africa. China Military Power: World's Largest Army to Expand from Asia to Africa.
The world's biggest military is about to grow. Beijing announced last week it would increase military spending by about 7 percent, totaling about $147 billion. Beijing also plans to increase its marine corps by 400 percent in a bid to expand the nation's economic and military influence across Asia and into Africa, according to News Corp. Australian Network. With 2,3 million soldiers, Chinese leaders already command the largest standing army on the planet. The initiative is reportedly part of China's "One Belt, One Road" campaign. "The PLA marines will be increased to 100,000, consisting of six brigades in the coming future [to] fulfill new missions of our country,” Hong Kong-based South China Morning Post quoted an unnamed military source as saying.
China's military activity has concerned the U.S. and neighboring nations, which dispute Beijing's vast territorial claims over the South China Sea and the Yellow Sea. Graphiq More from Newsweek Europe. China steps in to reshape Africa with new railway, Africa News. DJIBOUTI • The 10.24am train out of Djibouti's capital drew some of the biggest names in the Horn of Africa last month. Serenaded by a chorus of tribal singers, the crush of African leaders, European diplomats and pop icons climbed the stairs of the newly built train station and merrily jostled their way into the pristine, air-conditioned carriages making their inaugural run.
"It is indeed a historic moment, a pride for our nations and people," said Mr Hailemariam Desalegn, Prime Minister of Ethiopia, shortly before the train - the first electric, transnational railway in Africa - headed towards Addis Ababa, the Ethiopian capital. "This line will change the social and economic landscape of our two countries. " But, perhaps, the biggest star of the day was China, which designed the system, supplied the trains and imported hundreds of engineers for the six years it took to plan and build the 750km line.
CHINESE FORESIGHTWe approached the US, and it didn’t have the vision ... Chinese companies set their eyes on Nigeria. Investissements chinois en Afrique : hausse de 31% pour cette année – L'Actualité du Burkina Faso 24h/24. China’s Belt and Road initiative to be further fleshed out in 2017. President Xi Jinping attended the 8th BRICS Summit in Goa, India, with Brazilian President Michel Temer and Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and South African President Jacob Zuma (from left to right), on October 16,2016. Photo: Xinhua China is expected to further promote its Belt and Road initiative next year against the backdrop of rising resentment over globalization and the new Donald Trump administration in the US, as the initiative will be linked with the UN 2030 Agenda for Sustainable Development at a summit hosted by China, experts said.
The coming year will see a summit on the Belt and Road initiative and the ninth BRICS summit, which are two major conferences for China's home field diplomacy, Foreign Minister Wang Yi said in an interview with the People's Daily on Thursday. Belt and Road So far, over 100 countries and international organizations have expressed their willingness to support and join the initiative. Global governance. Egypt: China, Egypt Pledge to Conjoin Developing Strategies. China is willing to boost cooperation and step up comprehensive strategic partnership with Egypt, a senior Chinese official said here on Thursday. Wang Jiarui, Vice Chairman of the Chinese People's Political Consultative Conference (CPPCC), made the remarks during his meeting with Egyptian President Abdel-Fattah al-Sisi. "China supports Egypt's efforts to achieve stability and development and is willing to implement consensus reached by both countries' leaders," Wang said.
Moreover, Wang called on both sides to conjoin developing strategies, deepen bilateral cooperation in various areas and push forward the comprehensive strategic partnership between the two countries. Wang also introduced to Sisi recent economic and social developments in China and the spirit of the sixth plenary session of the 18th CPC Central Committee. For his part, Sisi said Egypt attaches "great importance" to the bilateral ties with China and gives "full support" to China-proposed Belt and Road Initiative. - Xinhua. Chinese standards set new model for China-Africa cooperation. China and Egypt boost ties due to West's failures. President Abdel Fattah Al-Sisi will be in China this week for the run-up to the G20 conference in which Egypt was invited as a guest of honour by Chinese president Xi Jinping during his visit here in January.
Egypt will also participate in the follow-up conference, the second Investing in Africa Forum held two days after the G20 conference ends. This is the second visit by Al-Sisi as Egypt has been attempting to position itself as China’s main partner in Africa. China Central Television (CCTV) stated yesterday that 86 Chinese companies have investments totalling more than $1.1bn in the Suez Canal zone. This move comes as China increasingly seeks to develop land and maritime transport routes from China to Europe and to outsource manufacturing jobs to cheap labour destinations.
Li Daixin, executive director of Egypt TEDA Investment, an investor in the Suez Canal zone, said: “There are obstacles to operating in many African countries but, for us, Egypt is a priority investment destination. China's New Plan For Africa At A Glance. What a borderless Africa could mean for China. How China Is Building the Biggest Commercial-Military Empire in History. China's strategic military goal in Namibia - The Journal of Turkish Weekly.
Cameroon-China: Visa Exemption Agreement Signed. 60 PORTRAITS SINO-AFRICAINS LI XINZHU_CCTV.com française_央视网(cctv.com) Africa suffers as China growth slows | Business. G20 Summit 2016: A Turning Point for Africa; As China Sets 10 Expected Results - What Chinese investment means for African higher education | THE Features. Continental Shift: How China is Changing Africa. Shanghai to host China-Africa SMEs Expo. 中国会展网. China-Africa SMEs Convention. Africa’s Role in China’s One Belt, One Road Global Trade Strategy. Italy commits to cooperation with AU in advancing Africa's development agenda. ECA Chief Formalizes Partnership With China to Promote Africa's Transformation. China Resumes Diplomatic Relations With Gambia, Shutting Out Taiwan. La Chine sera un partenaire de plus en plus important pour l'Afrique (ANALYSE) Inside Africa's Role in China's Ambitious 'One Belt, One Road' Initiative. China agrees $2-billion infrastructure deal with Equatorial Guinea.
Nigeria, China to Deepen Partnership On Space Science Technology. Mauritius: China Grants Interest-Free Loan of Rs 250 Million to Mauritius. The Top 100 Recommendable Chinese Enterprises for Africa 2013 Selection Announcement. How China is changing Africa. China to work with UNIDO on industrial development in Africa. China Develops Unique Cooperation Model With Africa. China outlines industralisation blue-print for Africa | Business News 2015-12-27. China's slowdown is good for Africa. China And Africa: Will The Honeymoon Continue? | Seeking Alpha. Visualizing Chinese Investment in Africa. Coastweek - The most from the coast. La Chinafrique fait sa révolution | SEN360.COM. African, Chinese Mayors Meet for Stronger Ties Among Cities. Chinese Investment in Africa Falls by 40% China to upgrade strategic partnership with Africa. China's President signs 10 investment deals with Zimbabwe. China’s Xi Jinping pledges $60 billion to help Africa solve its problems its own way.
SAES 2015 | Sino-African Entrepreneurs Summit. Chine-Afrique: grand-messe à Marrakech. TALK AFRICA: Chinese Technology in Africa. China's role in Africa is exciting for China, but is it as great for Africa? China: Largest investor in Africa. China clears way for Silk Road into Africa—and it takes the form of key summit with African leaders | MG Africa. 3 ways China’s position in Africa is good news for other foreign investors. China faces opportunity and challenge in West Asia, Africa. China Slowdown Sees Investment In Africa Plummet 84% The Mo Ibrahim Foundation is not answering the question of whether democracy is compatible with economic development in Africa. Chinese investment in Africa plunges 84% Robert Mugabe, Zimbabwean Dictator, Wins 'China's Nobel Peace Prize' Investissements chinois en Afrique: Le Cameroun dans le top 10 | Business News 2015-10-16. Quand Ebola se retrouve au cœur de la stratégie chinoise en Afrique de l’Ouest | SEN360.COM.
Chinese Company Builds Growing African Presence. La Chine a contribué en quatre années 67% des IDE du Cameroun | Business News 2015-10-07. China Africa Joint Arbitration Centre Established in Johannesburg. These industries in Africa will suffer the most in a Chinese slowdown. China’s soaring business empire in Nigeria. SAES 2015 | Sino-African Entrepreneurs Summit. Africa uneasy as China turmoil threatens investment boom. Marrakech to Host First Chinese-African Business Entrepreneurs Summit. Chinese in Africa: Soap sellers and bridge builders. African Nations Most Vulnerable To China’s Slowdown: Fathom. Chinese Envoy Hails Continent's Progress in Gender Equality.