X-raying China’s debt trap model for South Africa The Punch
Published 2 July 2021
Among the different nations on the African continent, South Africa has always been perceived as being ahead of the others on various developmental and infrastructural parameters. Rightfully so, the country has a relatively good network of road and railways, has witnessed rampant urbanisation with the booming of multiple cities and enhanced connectivity between urban centres that facilitates investment. With this kind of a developmental model, one wonders why the African nation in the southern part of the continent would look for more investment in infrastructure, particularly from the Chinese. A look into the push and pull factors into the Chinese efforts in South Africa helps to unearth the nuances of this partnership. As they say, the devil lies in the details.
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The New Energy Vehicle (NEV) taxis are the vehicles that run on the unconventional sources of energy with advanced techniques. As these systems cause less pollution and serve as an best alternative to the traditional sources of fuels. The Chinese government is taking major steps to increase the use of unconventional sources of fuel for transportation and mobility of the people.
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AutoCentral, the multi-brand service and repair centre under Al Masaood Group, has signed a service agreement with Beijing Automotive Industry Holding (BAIC), one of China’s largest automakers by volume.
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We shouldn’t expect anything resembling a car from Apple in the next few years due to the company’s infamous slow-and-steady R&D, but another Big Tech company, Huawei, is now reportedly aiming for its own EV release by the end of 2021, as Reuters reports.
Huawei is in talks with the rather large Chinese automakers Changan and BAIC to make cars this year, per Reuters: