Day: January 23, 2020
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10 Issues That Will Shape China-Africa Relations in 2021
1. VACCINES: With the U.S., EU on the Sidelines, China's Vaccine Distribution in Africa Could Produce Huge Geopolitical Dividends China is building a COVID-19 vaccine distribution pipeline in Africa including a cold-chain air bridge from Shenzhen, a distribution hub in ...
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G20 Wraps Up Summit With Lots of Promises But Very Little Concrete Action on Debt Relief
Debt relief for the world's poorest countries was high on the agenda at this weekend's Group of 20 summit organized by Saudi Arabia. The conference ended on Sunday with what's become standard promises to expand its Debt Service Suspension Initiative (DSSI) and calls ...
China Claims It’s Done More to Relieve Developing World Debt Than Any Other G20 Member
Chinese Finance Minister Liu Kun provided a robust defense of Beijing's participation in the G20's Debt Service Suspension Initiative and said his government is doing more than any other in the group in providing billions of dollars of debt relief to the world's poorest countries.
China and the G20’s New “Common Framework” For Debt Relief
One of the highlights from the latest G20 summit was the group's endorsement of a so-called "common framework" that would create a set of standards for countries not eligible for the Debt Service Suspension Initiative (DSSI). Officials at the U.S. Treasury who championed the idea said the ...
Dissecting the Zambian Debt Crisis and What Role China, Private Creditors Played
One week after Zambia failed to meet a deadline to repay $42.5 million on some of its Eurobond debt, African and international media are examining what went wrong and who precisely is to blame. In an appearance ...
Arleigh Burke-class guided-missile destroyer USS Spruance fires a Tomahawk Land Attack Missile in support of Operation Epic Fury, at an undisclosed location, February 28, 2026. U.S. Navy/Handout via REUTERS
By Sophie Wushuang Yi Operation Epic Fury has given Chinese military planners something no simulation can replicate: a live stress-test of American high-end warfighting capacity in a prolonged, high-intensity conflict against a determined regional power. The more consequential question is not whether the ...
Are African Governments Naive to Take on so Much Chinese Infrastructure Debt?
China, according to the prevailing "debt trap" narrative, is preying on vulnerable developing countries by loading them up with unsustainable amounts of debt that jeopardizes their sovereignty. When these countries inevitably default on the loans, according to the theory, China ...