Jinghao Lu

[Alps @alpaysh]

Grok imagine is crazy lmfaoo

[Jinghao Lu @JinghaoLu]

@GShapersNairobi @curiouszoo @VictorNturaho @iwanjuhi @africangirl254 @tonimuiyuro @GevorMantashyan What I mean is that African stakeholders should let their voices be heard through official and non-official channels. China regularly hosts many dialogues for African businesses and civil society with aim to facilitate communications. Team up and attend! #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@GShapersNairobi @curiouszoo @VictorNturaho @iwanjuhi @africangirl254 @tonimuiyuro @GevorMantashyan I definitely see missing links by private sector to actively engage with Chinese policy dividend to Africa. People such as local financial institutes, material suppliers, architects, consumers should not only wait until a deal is sealed in a government meeting room! #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@lizmuange1 @KenInvest @KEPSA_KENYA @iwanjuhi @curiouszoo @VictorNturaho @GShapersNairobi Ask whether your government allows Chinese to procure from China and why. Is it because of better financing terms? Or lower construction cost? #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@lizmuange1 @KenInvest @KEPSA_KENYA @iwanjuhi @curiouszoo @VictorNturaho @GShapersNairobi The first thing a Chinese company will notice when entering in an African market is the local laws. If there is no way they can bypass the law (which they will try hard, and any foreign corporates will do the same), they have to conform. #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@iwanjuhi @curiouszoo @VictorNturaho Absolutely. Most of the flagship Chinese-funded projects pay heavy attention to corporate social responses including vocational training and technology transfer. For instance, AVIC has been doing Africa Tech Challenge for over 4 years https://t.co/LmcOoWGV6P #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@lizmuange1 @Kleymodyo @okothkenneth @morio_One @curiouszoo @VictorNturaho @iwanjuhi @GShapersNairobi Then ask Africa's financial sector, when can you be more proactive to benefit your government's strategy on attracting Chinese loan that is allocated to your countries' infrastructure development? #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@lizmuange1 @Kleymodyo @okothkenneth @morio_One @curiouszoo @VictorNturaho @iwanjuhi @GShapersNairobi Because Africa private sector is more risk averse in terms of guaranteeing local projects, in the end most of the Chinese loans to Africa end up in state driven projects in Africa. This has created controversy in a country’s foreign debt level. #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@lizmuange1 @Kleymodyo @okothkenneth @morio_One @curiouszoo @VictorNturaho @iwanjuhi @GShapersNairobi Chinese banks and funds prefers dealing with experienced project owners with proper risk mitigation mechanism in place, such as guarantees and insurances. Sovereign guarantees offered by government are most welcomed by Chinese investors and lenders. #ChinaAfrica

[Jinghao Lu @JinghaoLu]

@WanjiruGathigi I believe things will get much better once many internationalized Chinese companies with good corporate citizenships become active players in Africa. #ChinAfrica

[Jinghao Lu @JinghaoLu]

@GShapersNairobi @curiouszoo @iwanjuhi Fosun International, another Chinese conglomerate with $13 billion annual revenue, is turning its overseas investment focus to Africa's healthcare sector amid rising fears of a China-U.S. trade war. We will see a lot more Chinese multinationals creating positive stories in Africa

[Jinghao Lu @JinghaoLu]

@AfriSignature @iwanjuhi @GShapersNairobi @curiouszoo @Kleymodyo @VictorNturaho @africangirl254 @WanjiruGathigi @Loice_Erambo @charlesgithuiTk Zimbabwe has no longer be able to borrow from China due to their high default rate. In fact Kenya has been in a much better position as its geopolitical importance in the region and a healthy export sector. Don't worry about the default risk, China knows when to stop. #ChinAfrica

[Jinghao Lu @JinghaoLu]

@lizmuange1 @curiouszoo @VictorNturaho 1. #Kenya increases its export to China but ask what Chinese would like to buy from Kenya? 2. Reduce the level of borrowing from China, as most of the Chinese construction loan to Kenya mandates a high percentage of Chinese materials to be used on site. #ChinAfrica

[Jinghao Lu @JinghaoLu]

@curiouszoo @iwanjuhi @GShapersNairobi @VictorNturaho @GevorMantashyan @africangirl254 I believe Chinese financing is also eyeing Olkaria Industrial Park along the SGR, which intended to lower electricity cost and revive #Kenya's manufacturing sector. Let's wait for all the opportunties being unlocked. #ChinAfrica

[Jinghao Lu @JinghaoLu]

@curiouszoo @iwanjuhi @GShapersNairobi @VictorNturaho @GevorMantashyan @africangirl254 More precisely, #Ethiopia has a clear #China strategy, by leveraging on Chinese's willingness to fund over 10 industrial parks that link to the #Djibouti port. They are clearly heading to an export-oriented economy mimicking Chinese growth stories. #ChinAfrica

[Jinghao Lu @JinghaoLu]

@AfriSignature @GShapersNairobi @curiouszoo @iwanjuhi @VictorNturaho @GevorMantashyan @africangirl254 @AdanMohamedCS I believe #Kenya has a strategy. SGR and LAPSSET are risky strategies in terms of growing foreign debt level, but who doesn't want better electricity and transportation prices to unlock tremendous opportunies in the manufacturing and value-add export sectors? #ChinAfrica

[Jinghao Lu @JinghaoLu]

@VictorNturaho Do the #Ethiopia model. Governments in Africa should stand out to utilize Chinese funds to promote their competitive advantage and enabling export oriented industries through value-add manufacturing. But it requires visionary leaders with long term plan. #Kenya is doing well.

[Jinghao Lu @JinghaoLu]

@AfriSignature @curiouszoo @VictorNturaho @africangirl254 @iwanjuhi Media always chase stories that attract attention. Meanwhile since most of Chinese presence on African continent has been construction sector, it is regretful that some Chinese workers are not culturally sensitive or proficient in communicaton. What do you suggest?@AfriSignature

[Jinghao Lu @JinghaoLu]

@GevorMantashyan @curiouszoo @iwanjuhi @GShapersNairobi @VictorNturaho @africangirl254 I believe African youth needs to ask for being included in their governments' conversation with China. Often bilateral conversations stay on high level and do not trickle down. Find out how to be part of #FOCAC this year, and be the influence. #ChinAfrica

[Jinghao Lu @JinghaoLu]

@AfriSignature @curiouszoo @GShapersNairobi @VictorNturaho @GevorMantashyan @africangirl254 @iwanjuhi @AdanMohamedCS China Development Bank and Absa, a subsidiary of Barclays Africa, concluded a $100 million Special Facility Agreement to fund SME in Africa. #ChinAfrica https://t.co/xsy5F0CqRp

[Jinghao Lu @JinghaoLu]

@iwanjuhi @Kenyangriot @GShapersNairobi @VictorNturaho @curiouszoo @karibamoko @dmainyeo @lizmuange1 @BothoSACE @knowchinaafrica @XHNews @CGTNOfficial @cgtnafrica @abdullahialim They are industrialization, agricultural modernization, infrastructure, financial services, green development, trade and investment facilitation, poverty reduction and public welfare, public health, people-to-people exchanges, and peace and security. #ChinAfrica