By Simplice Asongu Overall, there is little hard evidence to support a negative view of China’s investments in Africa For many developing countries, foreign direct investment is viewed as something very positive. International companies can bring cash, skills, technology, and high ethical standards to a host country. But others do …
Read More »When China’s charming dragon bites
By Enock Nyorekwa Twinoburyo Increased Chinalisation of Uganda is expensive and could boomerang Economic ties between China and Africa have grown steadily as reflected in the increasing aid to Africa in recent years. The latest official disclosure of China’s aid indicated that it had provided over US$7 billion to Africa; …
Read More »China’s dam frenzy
By Brahma Chellaney The country has over 85,000 dams generating more than 170 gigawatts of hydropower China’s frenzied dam-building hit a wall recently in Burma (Myanmar), where the government’s bold decision to halt a controversial Chinese-led dam project helped to ease the path to the first visit by a US …
Read More »Rugunda praises China at Beijing health forum
By Independent Reporter Health Minister Ruhakana Rugunda has praised the relationship between Uganda and China and described it as “mutually beneficial”. Dr Rugunda was one of a dozen African health ministers and Chinese health officials who on Aug.16 gathered in Beijing China for the Ministerial Forum on China-Africa Health Development. …
Read More »Long live China’s boom
By Justin Yifu Lin But to overcome cyclical challenges and maintain a 7.5% growth rate, it needs to exploit its latecomer advantages After three decades of 9.8% average annual GDP growth, China’s economic expansion has been slowing for 13 consecutive quarters – the first such extended period of deceleration since …
Read More »KACITA has no capacity to vet women travelling to China, says minister
By Julius Businge The state minister for Economic Monitoring Henry Banyenzaki has said that the Kampala City Traders Association (KACITA) has no capacity to vet women below the age of 35 to go to China for business. Banyenzaki told The Independent in a telephone interview on Jan. 16 that it …
Read More »China, don’t give us aid
By Andrew M. Mwenda On Monday, I was invited to speak at an Africa-China conference under the theme ‘China’s partnership with Africa: improving aid architecture for policy effectiveness.’ By sustaining rapid economic growth over the last two decades, China has emerged as a major global economic power. The major driver …
Read More »