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11/10（二）
Opinion | Chinese investment in African manufacturing could…
Africa is seeing a potentially historic transformation in its economic relationship with China. After two decades in which Chinese engagement was primarily associated with infrastructure construction, resource extraction and commodity trade, a new phase is emerging. Chinese companies are increasingly establishing manufacturing operations on the continent, bringing capital, technology, production expertise and employment. East Africa, particularly Kenya and Tanzania, is becoming a principal...
#China-Africa relations#Investing#China manufacturing#Africa#China technology#Chinese offshore investment
How China is expanding the yuan’s reach in Africa despite a…
China is making it easier for African countries to pay for Chinese-led infrastructure projects in yuan, but weak banking rules, high debt levels and historical dependence on the US dollar and euro continue to limit broader adoption of the currency, an Egypt-based political scientist said in an analysis released on Monday. Beijing had been expanding its financial influence across Africa by integrating Standard Bank, the continent’s largest lender by assets, into China’s Cross-Border Interbank...
Suspect in 1994 Rwandan genocide deported from US
A Rwandan man jailed in the United States for lying about his involvement in the 1994 genocide has been deported to his home country, the state prosecutor said on Monday. The Rwandan genocide began in April 1994, and over approximately 100 days some 800,000 people, mostly minority Tutsis, were murdered. Jean Leonard Teganya, 55, was convicted in April 2019 of two counts of immigration fraud and three of perjury after lying about his alleged role in the genocide to secure asylum in the United...
#Africa#United States#Human rights#US immigration#Rwanda#US Politics
南華早報11/9（一）
Hong Kong climate activist on changing city’s ‘anti-sustain…
When clips of one natural disaster after another flood our social media feeds, it can feel impossible to know what to do. But Hong Kong climate activist Eugenia Chow Cheuk-yin says that rather than surrendering to climate anxiety, one can channel their fears into doing something productive for the earth. “One really grounded way of doing this is by getting into the community and volunteering on a farm,” says Chow as she stands among crops at a farm on the outskirts of Fanling, in Hong Kong’s New...
#Sustainability#Hong Kong#Conservation#Social media#Veganism and vegetarianism#Africa
‘Geopolitical fragmentation is an advantage for us’, Standa…
Standard Chartered expects to sustain its strong earnings growth by capitalising on rising wealth in Asia and the Middle East, growing demand for cross-border financial services and the digitisation of money, as rising geopolitical tensions reshape global finance, group chief executive Bill Winters said on Friday. The London-based lender has shifted its business model away from traditional lending towards fee-generating services, including trade finance, capital markets advisory and wealth...
#Banking & finance#Standard Chartered Bank#Wealth management#Bill Winters#Fintech#Trade
11/8（日）
Train collision in Egypt kills 4, injures 88
Two trains collided south of the Egyptian capital on Sunday, derailing several carriages, killing four and injuring dozens, according to the authorities. Egypt’s railway authority said a train travelling from Giza to Fayoum crashed into the rear of another service heading south from Cairo to the city of Aswan. The health ministry said an initial count put the toll from the crash at four passengers killed, with 88 others currently being treated for injuries in hospitals around the Giza...
#Egypt#Transport and logistics#Infrastructure#Africa#Abdel Fattah al-Sisi
Only a fraction of World Heritage sites are in Africa. Chin…
Africa is home to ancient cities, rock art and striking natural landscapes, yet its sites are sorely under-represented on Unesco’s World Heritage List. According to data released by the UN body, of the 1,273 sites on the list – which are formally protected under the World Heritage Convention treaty – just 115 are in Africa. But as Beijing seeks closer cultural ties with the continent, it is offering help to change this through funding, guidance on how to navigate the nomination process and...
11/6（五）
Kenyan doomsday cult leader jailed for 200 years for murder…
The leader of a Kenyan doomsday cult linked to the deaths of more than 400 people was sentenced on Friday to 200 years in prison for the murders of 191 people. The High Court in Kenya’s coastal city of Mombasa issued the sentence for Pastor Paul Mackenzie. He was convicted of murdering 190 children and one adult after he ordered his followers to starve themselves to death to meet Jesus. Justice Diana Kavedza said that Mackenzie, leader of the Good News International Church, bore the “primary...
Hong Kong firms must innovate to compete in mainland China,…
Hong Kong companies can survive intense competition in mainland China by being innovative and maintaining high standards, the head of the city’s trade promotion body has said. Hong Kong Trade Development Council chairman Frederick Ma Si-hang said on Friday that the city was also tapping into emerging markets in Southeast Asia, the Middle East and Africa to counter global trade uncertainties. “I feel that Hong Kong manufacturers need to be more innovative; think of ways to use our strengths to...
#Hong Kong economy#Britain#Egypt#Switzerland#China#Middle East
11/4（三）
Opinion | As US-Iran war shows, China’s influence can’t sec…
China is becoming increasingly important to the Gulf’s economic future. Yet the Gulf remains capable of disrupting China’s own. That is the contradiction exposed by the US-Iran war. Beijing’s importance as an energy customer, investor and technology partner has grown, but its ability to guarantee the maritime routes connecting the Middle East to East Asia remains limited. The next contest in global energy will concern not only who produces and consumes it, but who can preserve access when...
#Diplomacy#China-Middle East relations#China energy security#US-Israel war on Iran#Middle East#Energy
