Tag Archives: china
“China Trade Week Morocco” gets its first edition : The basics of a new high-billed business appointment
The first “China Trade Week Morocco” held in Casablanca from 20 to 22 December was a great success. The event, which brought together more than one hundred Chinese companies and welcomed more than 3,000 visitors, set the stage for a new, high-level business meeting between Chinese, Moroccan and other operators from the rest of the region.
La première “China Trade Week Morocco” organisée à Casablanca du 20 au 22 décembre dernier a été un grand succès. L’événement qui a regroupé plus de cents entreprises chinoises et accueilli plus de 3000 visiteurs a permis de poser les jalons d’un nouveau rendez-vous d’affaires de haute facture entre opérateurs chinois, marocains et venant du reste de la région.
At a breakfast table in the noisy restaurant of a hotel in Shenzhen, I met Kwame Song Dongshong, now President of the Powerchina International Group Limited.
The Writing Is On The Wall: Ghana’s big push to attract investment from Asia – Japan, Singapore and China – is well underway, by Nana Yaa Ofori-Atta
At a breakfast meeting held in Accra on Friday, December 15th, 2017, the Minister of Finance, Ken Ofori-Atta, announced that “we are today examining the possibilities of arranging for a total of US$300 – 500 million Ghanaian debt issuance on Asian capital markets.”
The massive influx of Chinese tourists to Africa has in the recent years made a buzz, and it is for all possible reasons. After seven consecutive years of annual double-digit growth in spending, China continues to lead global outbound travel, reaching US$ 261 billion of Chinese travelers’ expenditure in 2016, a 12% growth since 2012. Approximately 135 million Chinese outbound tourists travelled in 2016, out of which 10% were bound for Africa up from 3% in 2008.
Minister of Small Business Development, Ms. Lindiwe Zulu, has used her time in China to help unlock the Chinese market for South Africa’s small businesses and cooperatives. Minister Zulu is leading a South African small business delegation at this year’s China International Small and Medium Enterprises Fair (CISMEF) which takes place in Guanzhou, China, from the 10th of October to the 13th of October 2017.
The Department of Trade and Industry (the dti) will lead a group of South African companies to the 17th Annual China Mining Congress and Expo that will be held at the Tianjin Meijiang Convention Centre in China from 23-25 September 2017.
Following a technical recession in Q1, and with slow economic growth forecast, South Africa can expect tough economic times ahead. But this is no reason not to start a new business, says Nedbank.
China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa (www.McKinsey.com) finds that its involvement is bigger and more multifaceted than previous studies suggest.
Director Adam Elhiraika of the of Economic Commission’s Macroeconomic Policy Division says Africa’s economic growth declined from 3,7 percent in 2015 to 1,7 percent in 2016 due to weak global economic conditions, persistent low oil prices and adverse weather conditions and may further be affected by Brexit
Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.
Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report
- Developing world’s share of global investment to triple by 2030
- China, India will be developing world’s largest investors
- Boost to education needed so poor can improve their well-being