February 2020
M T W T F S S
« Jan    
 12
3456789
10111213141516
17181920212223
242526272829  
Tags
AIIB ASEAN ASEAN (R) ASEAN-ISIS Asia Beijing Big Tech CH: Hong Kong Country (R): Indonesia Country (R): Malaysia Country (R): Myanmar Country (R): Singapore Country: ASEAN Country: Australia Country: Cambodia Country: China Country: Germany Country: India Country: Indonesia Country: Japan Country: Laos Country: Malaysia Country: Myanmar Country: North Korea Country: Philippines Country: Qatar Country: Russia Country: Singapore Country: South Korea Country: Taiwan Country: Thailand Country: UK Country: United States Country: US Country: USA Country: Vietnam DE: 5G DE: Data privacy DE: Data security DE: e-Payments DE: Facebook Elections: Indonesia 2019 Elections: Thailand 2019 ESG: Climate Change ESG: Diversity ESG: Energy ESG: Green Finance ESG: Green Growth ESG: Haze ESG: Human Rights ESG: Modern Slavery ESG: Peatland ESG: Riau ESG: RSPO ESG: Smallholders ESG: Sustainability ESG: Sustainable/Green Infrastructure ESG: Water ESG: Workers Rights European Union Event: SDSWR Events: AAF Fukushima G20 Global Citizens Singapore Google Indonesia: Jokowi Institute: ERIA Institute: SIIA JP: Abenomics Leaders: Kim Jong Un Leaders: Lee Hsien Loong Megatrends: Digitisation Megatrends: New Media Megatrends: Populism MM: Aung San Suu Kyi MM: NLD MM: Rakhine State MY: GE14 MY: Mahathir Mohamad MY: Najib Razak Nicholas Fang Oh Ei Sun Region: Africa Region: Latin America Region: Middle East Reports Security: South China Sea Security: Terrorism SG: Lee Kuan Yew SG: SG Secure SG: Smart Nation SG: Society Simon Tay TH: Protests Topic (R): Belt and Road Topic (R): Business Topic (R): Digitisation Topic (R): Economy Topic (R): Green Finance Topic (R): Infrastructure Topic (R): Palm Oil Topic (R): Peatland Topic (R): Smallholders Topic (R): Sustainability Topic: Anti-Globalisation Topic: Belt and Road Topic: Business Topic: Coronavirus Topic: Development Topic: Digital Economy Topic: Digitisation Topic: E-Commerce Topic: Economics Topic: Economy Topic: Elections Topic: Environment Topic: ESG Topic: Finance Topic: Global Citizens Topic: Globalisation Topic: Human Trafficking Topic: Indo-Pacific Topic: Infrastructure Topic: Investment Topic: Labour Topic: Nuclear Topic: Palm Oil Topic: Race Topic: Regional Integration Topic: Religion Topic: Security Topic: Singapore-Malaysia Relations Topic: Small States Topic: SMEs Topic: Trade Trade: AEC Trade: CPTPP Trade: FTA Trade: FTAAP Trade: RCEP Trade: TPP Trade: War Trends (Digital): Cybersecurity UK: Brexit United States US: Obama US: Trump US: Trump WEF

Improving China’s image in Africa

china-africa-wikimedia

08 May Improving China’s image in Africa

Chinese Premier Li Keqiang’s visit to Africa aims to reinforce his country’s economic ties with the continent – but also to boost China’s image in the region and on the global stage. China is currently Africa’s largest trade partner, but Chinese involvement in Africa has also led to tensions.

The last decade has seen a massive influx of Chinese trade, investment, aid and loans to the continent. China’s bilateral trade with African countries reached nearly US$210 billion (SG$262 bn) last year. But China has been accused of exploiting Africa for its resources, with allegations that Chinese firms have breached safety and environmental standards in Africa. Others have alleged that China is reluctant to fulfil its past pledges of aid and investment to the continent, made at a time when commodity prices were higher.

Premier Li’s visit demonstrates that China is extremely conscious of these issues. During his visit, Premier Li called on Chinese companies to “shoulder responsibility” for local communities, and stressed that “China will never pursue a colonialist path” in Africa. In addition, Premier Li pledged US$100 million in aid for wildlife-protection projects in Africa, acknowledging environmental concerns.

Although China’s experience in doing business with Africa has not been entirely smooth, Premier Li’s visit does underscore that Chinese involvement in Africa will continue for the forseeable future. In his speech to the African Union on Monday, Mr. Li vowed that trade between China and Africa would double to US$400 billion (SG$499 bn) by 2020, while China’s cumulative investment in the region would quadruple to $100 billion (SG$125 bn).

Source: 

China Takes Wary Steps Into New Africa Deals [Wall Street Journal, 6 May 2014]

Image Credit: Wikimedia Commons