China＇s Investment Helps Relieve Poverty in Africa

Areport released by the World Bank in July 2008 acknowledged that China＇s mass investment has helped reducepoverty in Africa.     

Realities and Opportunities——Chinese Private Enterprises in Africa

正IN recent years,growing numbers of Chinese enterprises have initiated investment in Africa.From2009 to 2012,China’s direct investment in Africa increased from US$1.44 billion to US$2.52 billion,with an annual growth of 20.5 percent.Over the same period,China’s cumulative direct investment in Africa rose from US$9.33 billion to US$21.23billion.Currently,over 2,000 Chinese     

Chinese and African Enterprises in Cooperation

IN 1997, China changed from a net exporter to a net importer of oil. In 2004, Chen Biting, chair- man of the board of Shenhua Group – one of China’s leading coal producers – accompanied Chinese Vice President Zeng Qinghong on a tour of four African nations. During the tour, he signed a coal liquefaction synthetic oil cooperation project with South Af- rica’s Sasol Synfeuls International. Said Andre de Ruyter, president of Sasol Synfuels International (China), “China has more oil…     

Radical Shifts in China＇s Milk Market

THE recent melamine scandal has bitten deep into China＇s milk industry, smearing a number of reputed domestic names and ruining the companies. Sanlu, the principal company implicated in the scandal, now faces bankruptcy It is, however, a rule of the market that as some players fall, others rise.     

China - World＇s Largest Direct Sales Market

WHEN intro-verted schoolteacher Zhang Jian suddenlyshot out of his shell, his colleagues were nonplussed as to what had brought about such a u-turn in his personality. The reason, they soon discovered, was Zhang‘s foray into the world of direct selling.