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Beijing
 
Photo of the Week

A DIFFERENT SCALE Restricted

A DIFFERENT SCALE: The scene ahead of the opening of the Chinese People's Political Consultative Conference at the Great Hall of the People in Beijing, China, earlier this month. Chinese Premier Wen Jiabao used the gathering to pledge to shrink China’s emerging wealth gap. Research by the Hurun Report estimates that the richest 70 members of the of the 2 987-member National People’s Congress have a combined wealth of $75,1-billion. By comparison, Bloomberg reports that the wealthiest 70 people in the 535-member US House and Senate, who represent a country with about 10 times China’s per-capita income, had a maximum combined wealth of $4,8-billion. (Nelson Ching/Bloomberg) The scene ahead of the opening of the Chinese People's Political Consultative Conference at the Great Hall of the People in Beijing, China, earlier this month. Chinese Premier Wen Jiabao used the gathering to pledge to shrink China’s emerging...
 
 
Trade & Investment

SA must be robust in advocating its, Africa’s, interests in Brics group Restricted

South Africa’s joining of the BRIC group (Brazil, Russia, India and China), to create BRICS, will benefit the country provided South Africa’s approach to the group is realistic and not overoptimistic. “South Africa’s invitation to join the...
11 Mar 11
 
 
MINERALS BENEFICIATION

South Africa pushes for continentwide beneficiation framework Restricted

South Africa plans to use its position as the current convener of the Council of African Ministers of Industry to develop a common continental framework for extracting greater value from the prevailing minerals boom, Trade and Industry Minister Dr...
04 Mar 11
 
 
INFLATION FEARS

China raises rates to battle stubbornly high inflation Restricted

China raised interest rates on Tuesday for the second time in just over six weeks, intensifying a battle in the fast-expanding economy against stubbornly high inflation that threatens to unsettle global markets. The timing was a surprise, coming...
08 Feb 11
 
 
Aerospace & Defence

New Chinese ‘stealth’ fighter has made its first flight Restricted

China’s ‘stealth’ fighter, generally referred to as the J-20, made its maiden flight on January 11, from what is officially designated as the Plant 132 aerodrome in Chengdu (in south west China), but which is better known internationally as...
21 Jan 11
 
 
Nuclear

China makes major advance in civil nuclear energy technology Restricted

China Central Television reported on Monday that the country’s scientists have successfully developed technology to reprocess spent nuclear fuel. Other countries, such as France, Russia and the UK, have already developed and employ such...
03 Jan 11
 
 
BRIC

SA invited to join BRIC Restricted

South Africa has received a formal invitation to join the Brazil, Russia, India and China (BRIC) group of large emerging economies, Foreign Minister Maite Nkoana-Mashabane said on Friday. "On 23 December 2010, the Minister of International...
24 Dec 10
 
 
Wheels within wheels

In foreign relations, SA elites put ideology ahead of reality Restricted

Recently, I had the great pleasure of participating in a conference organised by South Africa’s Institute for Global Dialogue and Germany’s Friedrich Ebert Stiftung, on the topic of South Africa and the BRIC countries – that is, Brazil,...
26 Nov 10
 
 
G20 Summit

G20 leaders near agreement, if not progress Restricted

G20 leaders will agree to set vague "indicative guidelines" measuring economic imbalances at Friday's summit but leave details to be hammered out in 2011, effectively calling a timeout after heated debate over currencies. Negotiators labored...
12 Nov 10
 
 
SA-CHINA

Some challenges ahead as SA's new 'partnership' with China takes shape Restricted

It is alleged that, in 1800, General Napoleon Bonaparte (then First Consul and not yet Emperor of France) said: “China? There lies a sleeping giant. Let him sleep! For when he wakes, he will move the world.” Now historians are having great...
05 Nov 10
 
 
China & South Africa

Some challenges ahead as South Africa’s new ‘partnership’ with China takes shape Restricted

It is alleged that, in 1800, General Napoleon Bonaparte (then First Consul and not yet Emperor of France) said “China? There lies a sleeping giant. Let him sleep! For when he wakes he will move the world”.
05 Nov 10
 
 
Real Economy: Competitiveness Index

SA’s competitiveness fall reflects relative strength of other emerging economies Restricted

South Africa slipped to 54th position from 45th in the World Economic Forum’s (WEF’s) latest Global Competitiveness Index, but remained the highest ranked country in sub-Saharan Africa - Switzerland continued to top the 2020/11 ranking,...
24 Sep 10
 
 
 
 
 
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