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How African Firms Can Make the Most of Outside Investment

TRADE between Africa and China surpassed $200 billion this year, strengthening China’s position as Africa’s biggest trade partner—a position it has held since 2009. Less than 15 years ago, the corresponding value was a modest $10 billion. Africa holds a growing pulling power for foreign investors. Beyond trade relationships, investors increasingly look at African consumers and see immense opportunities to invest locally. For African companies, this presents a special chance to climb the food chain of global competitiveness.

Read more: How African Firms Can Make the Most of Outside Investment

Life’s sure things: Death, taxes, identity theft

The tax return called for the refund to be sent to a Wal-Mart employee—not the country’s most powerful law-enforcement official.

Yet the return, filed a year ago, used the name, Social Security number and birthdate of Eric Holder. The United States attorney general had just become a victim of identity theft fraud.

Read more: Life’s sure things: Death, taxes, identity theft

Abbott walks China-Japan tightrope

Australian Prime Minister Tony Abbott, having called Japan his country’s closest friend in Asia, will seek this week to overcome Chinese unease about his loyalties in a region beset by territorial tensions.

Read more: Abbott walks China-Japan tightrope

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