The recently published annual report of China Investment Corp, the Chinese sovereign wealth fund, had encouraging news for all Chinese. The fund had a return of 10.6 percent last year, greatly outstripping its performance the previous year, a loss of 4.3 percent. Given that CIC has billions of dollars of assets under management, even a 1 percent difference in investment returns can make a big difference in absolute terms.
Sovereign wealth fund is turning China into a strong force in global financial investment
It is not just Africa that finds itself dependent on how the China growth story unfolds over the next few years but the rest of the world too.
Qian Liu,
Qian Liu believes "magic" high growth rate figures are now firmly in the past for China.
Investors in Africa have recently been in two minds as to whether the so-called China slowdown is something of which they need to be afraid.
Beijing's new economic goals will have far-reaching impact on other economies
State-owned enterprises are paving the way for sustainable, meaningful development in Africa.
Maintaining profit growth of more than 10 percent will be a tough task for central state-owned enterprises, which will likely see their growth shrink from the third quarter, the State-owned Assets Supervision and Administration Commission has warned.
In a unique scholarship scheme, 20 students from the Republic of Congo are pursuing their dreams of a professional career by studying at Chang'an University in Xi'an, Shaanxi province.
It is often argued that China's state-owned enterprises have reached their peak in their home markets and need to spread wings. But can they find glory in Africa? It's a complex issue.
Chinese companies can play an enormous role as Africa moves down the path of industrialization