How China-Africa relations are moving to a new level
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- Category: Industrial & Machinery
- Published on Tuesday, 13 May 2014 11:32
- Written by Super User
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Recently, many investors have been spooked by China’s decelerating growth. In reality, China is developing new foundations for sustained growth, even amid weak global demand , deleveraging, and struggle against corruption.
China’s great transition does not mean the decline of Chinese-African cooperation, as some critics have argued. Rather, it is pushing both sides to expand, deepen and diversify collaboration.
China’s rebalancing has begun
In 2014, China’s growth target will remain around 7-7.5% to ensure adequate employment, whereas the 3.5% inflation target is paving way to further liberalization of energy and resource prices.
China’s Premier Li Keqiang has re-characterized the current growth target as “flexible,” calling for a “balanced” rather than “prudent” monetary policy. That does not mean a new stimulus package, but new fine-tuning measures and possibly the kind of mini-stimulus measures we have seen in the past.
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Infrastructure projects push up Kenya’s volume of imports
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- Category: Industrial & Machinery
- Published on Sunday, 03 November 2013 14:05
- Written by Super User
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According to the analysts, total value of Kenya’s imports increased by 130 million U.S. dollars in the year leading to July.
During the period, the share of machinery and transport equipment to total imports increased from 26 percent to 30 percent, while import values increased by 717
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Regional Integration, the Solution for Boosting Industrial Production in Africa
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- Category: Industrial & Machinery
- Published on Sunday, 03 November 2013 10:07
- Written by Super User
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Regional integration remains one of the solutions for boosting production by the manufacturing industry in Africa.
This fact was unanimously acknowledged by participants in the panel discussion on "Competitiveness and Trade Integration". The discussion was held on Tuesday,
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Africa’s industrial revolution
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- Category: Industrial & Machinery
- Published on Sunday, 03 November 2013 09:44
- Written by Super User
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Transforming the economic structure of a country — let alone a continent — from a predominantly agrarian model to an industrial one is a challenge. Yet just such a shift holds the key to Africa’s future if the region wants to enhance its economic success of the past decade in the next.