http://www.engineeringnews.co.za
R/€ = 15.90 Change: -0.33
R/$ = 13.73 Change: -0.30
Au 1275.10 $/oz Change: -5.20
Pt 864.50 $/oz Change: -20.98
 

Topic

China stresses importance to Africa of attracting foreign investment

By: Rebecca Campbell     8th June 2018 "Foreign investment can be a very practical, convenient and viable way for industrialisation," stressed Ambassador Zhou Yuxiao, Beijing's emissary to the Forum on China-Africa Cooperation (FOCAC), at the Africa Institute of South Africa-Human Sciences Research Council/Embassy of the People's... 

No deal without trade-offs

By: Terence Creamer     11th May 2018 Over the past couple of months megaphone, or more accurately, Twitter, diplomacy seems to have borne a degree of fruit. Images of South Korean President Moon Jae-in and North Korean leader Kim Jong Un shaking hands over the concrete line dividing the two countries in the heavily-fortified... 

South Africa's rand strengthens as global trade war fears ease

By: Reuters     10th April 2018 South Africa's currency firmed against the dollar early on Tuesday as investor jitters over an escalating US-China trade row cooled with eyes on domestic manufacturing data and the central bank's monetary policy review. At 06:30 GMT the rand was 0.52% firmer at 12.0350 per dollar compared to its... 

XI–LI CONSOLIDATION

30th March 2018 China premier Li Keqiang, left, shakes hands with Xi Jinping, China’s president, following parliament’s approving of Li's appointment to a second five-year term during the first session of the thirteenth National People's Congress at the Great Hall of the People in Beijing, China, on March 18. Li... 

NO TERM LIMIT

9th March 2018 Moves under way in China to cast aside presidential term limits stoked global concern last week. Some are already referring to President Xi Jinping as ‘Emperor Xi’. What the decision means for the way China interacts with the rest of the world and its citizens, such as these Shanghai residents... 

US steel, aluminium execs invited to White House for possible announcement

By: Reuters     1st March 2018 Several top US steel and aluminium executives have been invited to the White House on Thursday for what could be a major trade announcement, according to two people familiar with the meeting. US President Donald Trump has vowed to take steps to crack down on imports of steel and aluminium and has... 

On-The-Air (09/02/2018) 

By: Martin Creamer     9th February 2018 Every Friday morning, SAfm's AMLive's radio anchor Sakina Kamwendo speaks to Martin Creamer, publishing editor of Engineering News and Mining Weekly.  Reported here is this Friday's At the Coalface transcript: Kamwendo: China's colossal Clean Air Revolution is poised to give massive support to... 

China unveils vision for 'Polar Silk Road' across Arctic

By: Reuters     26th January 2018 China on Friday outlined its ambitions to extend President Xi Jinping's signature Belt and Road Initiative to the Arctic by developing shipping lanes opened up by global warming. Releasing its first official Arctic policy white paper, China said it would encourage enterprises to build... 

World's top commodity engine roars to record with Xi at helm

By: Bloomberg     12th January 2018 China continues to gobble up the world’s commodities, setting new records for consumption of everything from crude oil to soybeans. In a year of flux marked by industrial capacity cuts, environmental curbs and financial deleveraging, demand for raw materials has continued to grow in the world’s... 

Africa and China have a shared future under new world order

By: African News Agency      7th December 2017 The world order has changed and it was time to take hands and chart a common destiny. This was one of the central themes to emerge from a seminar held in Cape Town on Thursday under the twin headings Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and Xi Jinping: the... 

Why biggest metals rally of the year may have further to run

By: Bloomberg     1st November 2017 In a stellar year for base metals, aluminum has led the pack. Now, producers say surging raw material costs could drive prices even higher. Alumina, the raw material used to make aluminum, has jumped 56% since August after China shut down some production, triggering a wave of buying by traders... 

The six major economies reaffirm their commitment to free trade

By: Keith Campbell     15th September 2017 Leaders of six of the world’s ten biggest economies have reaffirmed their support for free trade, at two high level meetings held in Asia recently. The countries concerned are Brazil, China, India, Japan, Russia and the UK. In terms of gross domestic product (GDP) measured in purchasing power... 

China's new Silk Road encroaches on US turf in Eastern Europe

By: Bloomberg     12th July 2017 In the 19th century mansion in central Belgrade where bureaucrats plan some of Serbia’s important overseas projects, 64-year-old Ivan Mrkic is busy unpacking boxes teeming with the books, research papers and maps he needs to become an instant expert on China. Mrkic, a one-time Foreign Minister,... 

China said to plan coal import ban at some ports starting July 1

By: Bloomberg     28th June 2017 China plans to ban coal imports starting July 1 at ports that were set up through approvals by provincial authorities, the latest move by President Xi Jinping’s government to exert stricter control on the market. Ports in the world’s largest consumer of the fuel that were approved under the... 

EU, China show united climate front after Trump shuns global pact

By: Bloomberg     16th June 2017 The European Union (EU) and China displayed a united front over the need to fight climate change while revealing nagging differences over the path to deeper trade and investment ties. Jean-Claude Juncker, president of the European Commission, the EU’s executive arm, said Europe and China must... 

Top miner sees 'huge demand' lift from China's new Silk Road

By: Bloomberg     1st June 2017 China’s multi-billion dollar Belt and Road Initiative can deliver a major boost for commodities and will add about 150-million tons to global steel demand, according to BHP Billiton, the world’s largest miner. The plan to develop infrastructure and rebuild ancient trading routes from China to... 

Stillwater transaction to test Trump team’s appetite for China deals

By: Bloomberg     10th April 2017 Even as President Donald Trump and President Xi Jinping of China met for the first time to try to sort out their complex relationship, Trump’s administration is reviewing attempts by China to buy sensitive US companies and in one case is actively trying to thwart a deal. The Trump administration... 

China said to push talks to create $241bn power giant

By: Bloomberg     30th March 2017 China’s state-owned enterprise regulator has asked coal mining giant Shenhua Group Corp. and power generator China Datang Corp. to discuss a possible merger, according to people with knowledge of the situation. The talks are at an early stage and there’s no guarantee of a deal, said the people,... 

Global uncertainties to drive FDI in Africa’s mining sector

By: Ilan Solomons     9th February 2017 The uncertainties surrounding geo-economic trends, including Brexit, Donald Trump’s election as US President and increasing efforts by China to dominate the global economy, may not bode well for global political stability but could present opportunities for Africa, says global law firm Baker... 

Post-Brexit Britain, like China, recommits to globalisation

By: Keith Campbell     27th January 2017 The speech delivered on January 17 by British Prime Minister Theresa May on her government’s negotiating objectives for Britain’s exit from the European Union (EU) – “Brexit” – contained nothing really surprising to anyone who has been paying attention to what she and her key relevant Ministers... 

‘TPP minus one’ still has much to offer, says Australia’s MCA as Trump nixes trade deal

By: Mariaan Webb     24th January 2017 The absence of the US in the Trans Pacific Partnership (TPP) does not have to mean the end of the planned trade deal, the CEO of the Minerals Council of Australia, Brendan Pearson, said on Tuesday. Commenting on US President Donald Trump’s formal withdrawal from the trade pact, which was the... 

Goldman sees China’s ‘stealth’ coal bailout lasting to 2020

By: Bloomberg     22nd October 2016 China’s coal production restrictions are a “stealth” bailout for miners and their creditors that may last until the end of the decade as the policies help boost prices, according to Goldman Sachs Group. Without government intervention, China’s coal industry wouldn’t be able to service the nearly... 

China visit helps Duterte reap funding deals worth $24b 

By: Bloomberg     22nd October 2016 Philippine President Rodrigo Duterte will bring home $24-billion worth of funding and investment pledges from his four-day visit to China as both nations agreed to resume talks and explore areas of cooperation in the South China Sea. China will provide $9-billion in soft loans, including a... 

Goldman sees China’s ‘stealth’ coal bailout lasting until 2020 

By: Bloomberg     21st October 2016 China’s coal production restrictions, which have boosted prices, are a “stealth” bailout for miners and their creditors that may last until the end of the decade, according to Goldman Sachs Group. Without government intervention, China’s coal industry wouldn’t be able to service the nearly... 

UK PM firm on only revealing fate of nuclear project later this month

By: Keith Campbell     16th September 2016 The future of Britain’s first major nuclear power plant (NPP) project in two decades, Hinkley Point C, remains uncertain. In July, the new British Prime Minister, Theresa May, took everyone by surprise when she announced a delay in the approval for the project. Hinkley Point C is to be a European... 

Government support needed to foster partnerships

By: Robyn Wilkinson     2nd September 2016 While policies prioritising trade between South Africa and China have been adopted at an official level, further government support is needed on the ground to stimulate partnerships between businesses in the two countries and increase Chinese investment in South Africa, says international law... 

Chinese manufacturers go hard to woo South African buyers

By: African News Agency      1st September 2016 About 400 manufacturers from China on Wednesday, staged an impressive performance to woo buyers from the Southern African region with opportunity to source quality products directly from them in an inaugural business-to-business trade exhibition. With a focus on increasing bilateral trade and... 

BAIC to build CKD auto plant in Coega industrial zone 

By: Terence Creamer     19th August 2016 The Coega Development Corporation (CDC) reports that it has signed a deal with the Beijing Automobile International Corporation (BAIC) for a new automotive investment worth R11-billion into the Eastern Cape industrial development zone (IDZ). The Chinese State-owned company plans to build a... 

Venezuela mess prods China to reassess Africa lending spree

By: Bloomberg     30th June 2016 The threat of Venezuela defaulting on Chinese debt is putting pressure on Beijing to reassess how easily it doles out money to commodity-dependent nations, especially those in Africa. As low oil prices ravage Venezuela’s economy and embattled leader Nicolas Maduro seeks better terms on Chinese... 

China seeks to create a ‘new normal economy’

By: Keith Campbell     29th January 2016 China is seeking to reform its economy by means of its 13th Five-Year Plan, to create what is being called the New Normal Economy. This is intended to address the challenges facing the country, explained Chinese Education Ministry Deputy Minister (State Committee of Social Sciences) Prof Gu... 

China seeks to create a New Normal economy

By: Keith Campbell     19th January 2016 China is seeking to reform its economy by means of its thirteenth Five-Year Plan, to create what is being called the New Normal economy. This is intended to address the challenges facing the country, explained Chinese Education Ministry Deputy Minister (State Committee of Social Sciences)... 

What China’s ‘One Belt, One Road’ plan could mean for Africa

By: Anine Kilian     15th January 2016 Since the new Chinese government came to power in 2013, it has proposed a host of new strategies to realise the “Chinese Dream” says ENS Africa China practice group head Kenny Chiu. One of the more significant strategies, led by Chinese President Xi Jinping, is known as the “One Belt, One Road”... 

2016 – The year for Independent Power Producers in Africa

4th January 2016 Johannesburg - 2016 promises to be another very active year for independent power producers and energy projects throughout the sub-Saharan Africa region and across various technologies. “There is huge international investor focus on IPPs due to the power shortages and load shedding in the region... 

Tobeka Madiba Zuma, First Lady of South Africa, hosts two high level visits this week

7th December 2015 Tobeka Madiba Zuma today attended the opening of the Forum of China-Africa Co-operation Heads of State Summit. The opening was attended by Heads of State from many different African countries and the President and First Lady of China, Xi Jinping and Peng Liyuan. The opening is on the back of an... 

Sandton Central is a world-class shopping, hospitality and events hotspot

4th December 2015 Sandton Central is a leading hotspot in Africa when it comes to shopping, hospitality and events. That’s the word from Elaine Jack, City Improvement District Manager of Sandton Central Management District – SA’s cosmopolitan financial and commercial hub. “There’s no doubt about it, Sandton... 

China will support Africa – Jinping

By: News24Wire      4th December 2015 Development holds the key to solving all problems and China will support Africa in dealing with its "issues", Chinese President Xi Jinping said on Friday. "China supports the settlement of African issues by Africans in the African way," he told the Johannesburg Summit of the Forum on China-Africa... 

Africa wants to process own minerals – Zuma

By: African News Agency      4th December 2015 African countries want to process their minerals on the continent, rather than export them for beneficiation overseas, President Jacob Zuma said on Friday at the Forum for China-Africa Cooperation Summit (FOCAC) currently underway in Johannesburg. “We want to prioritise beneficiation and... 

Standard Bank, ICBC to raise R10bn for South African power projects

By: Creamer Media Reporter      4th December 2015 South Africa’s Standard Bank and the Industrial and Commercial Bank of China (ICBC) have signed a collaboration agreement to raise up to R10-billion over the coming five years to support South African power generation developments. 

First
Prev
1
2 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close