According to the latest estimates, more than 10,000 Chinese have been involved in bringing different business activities to Uganda in recent years. The Chinese influx has been dramatic, especially over the past decade, and it's no coincidence that Uganda too has experienced rapid modernization in that period, as the economic and trade ties grew stronger between the two nations.
What China should do now is to encourage more private capital of its nationals to invest in foreign countries together with its State investment of foreign exchange reserves.
China's rise in the global value chain is inevitable as an increasing number of companies venture out into the wider world alongside hordes of investors.
To many Chinese executives, political risks in the domestic environments are due mainly to policy changes that lead to uncertainties of enterprises' operations. However, when doing business overseas, political risks take a different format.
On Sany America's sprawling campus on the outskirts of Atlanta, with the modern factory serving as the backdrop, a line of earth excavators bearing different manufacturers' nameplates operate in a kind of choreographed competition - Caterpillar, Doosan and Volvo, against Sany's own machine.
After 20 years in China, Bernard's firm, a worldwide group specializing in vitro diagnostics for medical and industrial applications, set up a joint venture with Shanghai Kehua Bio-engineering Co Ltd, a major Chinese diagnostic company, in 2007.
China's engagement in Africa is helping change the face of the once branded "Dark Continent", lighting up more streets, building more new roads and generating more new professionals.
Chinese Commerce Minister Chen Deming has led a government trade delegation to Colombia to strengthen bilateral economic and trade ties.
After a two-and-a-half-hour flight from Niamey, the capital of Niger, the small plane landed at a small airport. The airport, Jaouro, is dubbedjiaorou(which means "tender" in Chinese) among Chinese workers here.
But conditions here are just the opposite of what its Chinese name implies. Lying in the heartland of the southern Sahara, the world's largest and roughest desert, the lonely base here is routinely subjected to scorching heat, sandstorms, scorpions, snakes, malaria and even robberies. More>>
China's strengthened ties with developing nations in Latin America are essential for the region's economic growth, a senior official at a UN regional body said Monday.
China and the DPRK explore greater business opportunities.
What is the trickiest issue for Chinese companies when they take over a local company in a developed economy? The answer, most experts would say, is dealing with the staff of the acquired company.
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