日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Room for growth

By Andrew Moody and Wang Chao (China Daily) Updated: 2014-04-14 07:12

Chinese companies face challenging times in West African nation of Gabon

Taking Libreville's main coastal road with palm trees swaying in the Atlantic breeze, one could easily imagine it being an upmarket French resort. Gabon, of which it is the capital, has one of the highest standards of living in sub-Saharan Africa. Its gross national income per capita of $14,090 - putting it firmly in the middle-income bracket - is more than 50 percent higher than that of China's $9,040, according to 2012 World Bank figures.

Room for growth
Chinese firm branches out 

Room for growth

Neither the wealthy ambience of the capital nor the statistics give the full picture, however. Only a minority of the country's 1.5 million citizens enjoy the country's wealth with almost one-third living below the poverty line and 20 percent enduring long-term unemployment.

When you venture inland, the true development state of the country is revealed with no accessible roads and many parts of the densely forested country only accessible by air.

China has had a long association with the country. The late president Omar Bongo visited China 10 times in his 42-year rule. Zhang Dejiang, now chairman of the Standing Committee of the National People's Congress, attended his funeral in 2009.

The new president, Ali Bongo Ondimba, who was elected after his father's death, was educated at the Sorbonne in France and is, however, seen as less Sinophile.

Yet, the two countries have a significant economic partnership. Despite its tiny population, Gabon was still China's 28th largest trading partner in Africa in the first nine months of last year with total trade of $745 million.

Room for growth

In January, the two countries resolved a dispute over future oil rights in the country.

Addax Petroleulm Corp, the biggest overseas subsidiary of Sinopec, agreed a 10-year contract to extract oil at three fields in Tsiengui, Obangue and Autour.

This will deliver to the Chinese company a significant amount of Gabon's output.

The deal ended the prospect of a potential $1 billion legal dispute over future rights in Gabon.

Zhang Yi, chief executive officer of Addax Petroleum, told China Daily in January that the new agreement proved Chinese investment was still welcome in Gabon.

"We have concluded negotiations in a mutually beneficial way. I think this is a sign that our performance has been recognized and Chinese investors have been welcomed by the Gabonese Republic," he says.

The resolution, however, was in contrast to China Machinery Corp's loss of mining rights to the Belinga iron ore deposits in the northeast of the country in December.

The company had acquired the rights in 2006 but they are now expected to go to Australian mining giant BHP Billiton, according to some reports.

Room for growth

Room for growth

Top 10 trading partners of the Chinese mainland

Top 10 overseas travel destinations for Chinese riches

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 青青草97国产精品麻豆 | h色网站在线观看 | 天堂资源站 | 一本色道久久综合亚洲二区三区 | 波多野在线播放 | 久热精品在线视频 | 成人欧美一区二区三区黑人免费 | 五月婷婷爱爱 | 中文字幕精品视频在线 | 一区二区视频免费观看 | 亚洲女人18毛片水真多 | www.97av| 手机在线毛片 | 日本韩国欧美在线 | 在线免费观看日韩av | 九九久久免费视频 | 色在线免费观看 | 中文字幕亚洲天堂 | 国产探花| 亚洲精品视频在线 | 国产呦小j女精品视频 | av黄色小说 | 69午夜| 精品久久久国产 | 婷婷综合久久 | www一区二区 | 九九热视频在线播放 | 国产免费视频 | h色网站在线观看 | 四虎永久在线精品 | 色资源av | 亚洲国产视频网站 | 色网址在线 | av在线天天 | 久久久精品影视 | www.日本在线观看 | 三级不卡视频 | 少妇操bb | 男人天堂网在线 | 91免费版在线观看 | 华人永久免费 |