China Creates Closer Economic Ties with Africa
With plenty of money to invest from the interest owed to it by the United States, China continues reaching out its tentacles to grab more natural resources from Africa. It is already reaping the rewards of Africa's natural resources and its consumers market. Now it is offering to abolish import duties on some commodities.
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- News Source: Xinhuanet.com | 13 days agoPresident Barack Obama's visit next week will achieve more positive fruits. "We expect to exchange views with President Obama on China-U.S. relations and other major issues," Chinese Foreign Ministry spokesman Qin Gang told a regular press...
- News Source: Sydney Morning Herald | 13 days agoAfrica is cashing in on Barack Obama-inspired "roots tourism," while the Middle East could see a surge in women-only hotels, added the Global Trends Report, released at the start of the World Travel Market industry event on Monday. In the United...
- News Source: Reuters | 14 days agoChina on Monday praised a U.S. trade panel's decision to reject an investigation into imports of Chinese steel fasteners, saying it was the "correct judgment." China's commendation contrasted with the flare-up in trade tension last week when the...
- News Source: The Globe & Mail | 14 days agoLast updated on Sunday, Nov. 08, 2009 9:52PM EST I n the latest dramatic boost to its African expansion, China is pledging $10-billion (U.S.) in preferential loans to Africa, along with 100 clean-energy projects and lower customs duties on up to 95...
- News Source: dailymail | 16 days agoThe meeting will review how the consensus of Beijing Summit has been implemented and chart the path of practical cooperation for the next three years, said Chen...Eight measures covering trade, investment, and personnel exchanges were announced by...
- News Source: Star Tribune | 16 days agoChina is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published...
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By: BiodunIginla
Report: Obama plays China card, but who holds the ace?
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Cell phones use report code: Related Tweets
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@andersoncooper China on $2 a day http://bit.ly/2yUQBO
12 days ago -
@klustout China pledges $10B in loans to Africa (China/Africa trade jumped 45% to $107B in 2008, a 10fold increase since 2000) http://bit.ly/2AwvvL
14 days ago -
@CNNSaeed SaeedCNN: A very interesting analysis: Why is China wooing Africa and how is the West losing out? http://ow.ly/ABlD (Time)
14 days ago -
@lydiapolgreen Happy to be catching up with @thomascrampton and other YGL friends at the India Economic Summit.
15 days ago
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