According to the Financial Times, Chinese exports to Africa jumped by 22 per cent last year to hit $73 billion, which is double the GDP of Kenya, while the two-way volume of trade reached $166.3 billion. But African leaders now want more than just cheap goods.
Last month the Obama administration eased financial and investment sanctions on Myanmar, praising it’s government for freeing hundreds of political prisoners and finally allowing the political opposition to take part in elections. While the easing of sanctions demonstrates valuable support for further political reforms in Myanmar, the US investment policy does not effectively address the [...]
In this exclusive interview, German businessman Franz J. Sedelmayer discusses his decades-long dispute with the Russian government, challenging Russia’s sovereign immunity, and the link between state corruption and the current environment of civil unrest in Russia.