Day: February 18, 2020
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Why China’s Cutting Back on Overseas Lending
It's going to be much more difficult for countries in Africa and other developing regions to borrow money from China. New research from Boston University's Global Development Policy Center reveals a sharp drop in overseas lending by the ...
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Zambia’s Default Sparks Renewed Concerns Over High Levels of Chinese Debt in Some African Countries
Zambia's default over the weekend on a portion of its Eurobond debt prompted renewed concerns about the lack of transparency in Chinese lending and whether weak governance systems in a number of African countries are up to the challenge of managing the burgeoning financial crisis.
NGO: The UK, Not China is the Biggest Obstacle To Zambian Debt Relief
The next stage of the Zambian debt default crisis may play out in a London court. NGOs like Oxfam and the Jubilee Debt Campaign contend that because the vast majority of Eurobonds are covered by English law, ...
Candid Perspectives From One of China’s Leading Africa Scholars on Beijing’s Role in the African Debt Crisis
There has so far been a total blackout of any Chinese online discussion, media coverage, and comment from government officials on Zambia's recent debt default. Neither the embassy in Lusaka nor the Ministry of Foreign Affairs in Beijing has commented publicly on the issue. ...
Perceptions & Misperceptions About the African Diaspora in China
The Center for Strategic and International Studies in Washington, D.C. hosted a fascinating webinar this week that explored the complex social issues surrounding Black life in China. CSIS Africa Program Director Judd Devermont together with Georgetown University lecturer Travis Atkins hosted ...
A drone view of the Panamanian‑flagged Crimson Delight vessel sailing through the Panama Canal as the U.S. Federal Maritime Commission (FMC) said on Thursday it is closely monitoring a surge in detentions of Panama‑flagged vessels in China, a development that appears linked to a Panama court ruling against Hong Kong‑based CK Hutchison, in Gamboa, Panama, March 27, 2026. REUTERS/Enea Lebrun TPX IMAGES OF THE DAY
More than two months ago, Panama’s Supreme Court annulled a long-standing contract that allowed Hong Kong-based company CK Hutchison to operate the ports of Balboa and Cristobal, located at either end of the Panama Canal. The decision essentially removed a Chinese-linked company from two of the most strategically important nodes in ...
As Demand in China Falls, Vietnam’s Rice Exporters Encouraged to Look to Africa
Vietnam is the world's third-largest rice exporter behind India and Thailand. Until recently, China was the country's largest export market but trade disruptions and falling demand due to the ongoing COVID-19 crisis is prompting the Vietnamese to looking further afield for new markets... ...
Chinese Embassy in Kenya Takes to Twitter to Confront Online Rumors
The Chinese embassy in Nairobi is directly confronting an online rumor circulated by Twitter user Robert Alai to his 1.3 million followers that a Chinese worker infected with COVID-19 bribed an immigration officer at Jomo Kenyatta International Airport and is now hiding out at a campsite.
Kenya’s Ambassador to China Issues Emotional Plea on Behalf of Trapped Students in Wuhan
Kenya's Ambassador to China, Sarah Serem, issued an emotional statement on behalf of the dozens of Kenyan students who remain trapped in Wuhan, the epicenter of the worsening COVID-19 outbreak: Going through the daily updates of the impact of the coronavirus ...
It Shouldn’t be a Huge Surprise That China is Not Pleased With Pompeo’s Africa Tour
One of China's leading English-language newspapers took aim at Secretary of State Mike Pompeo during his ongoing three-nation African tour. In a sharply worded editorial published on Monday, China Daily described U.S. policy as "demeaning" and "arrogant." The newspaper also rebutted ...
After Avoiding the Issue in Senegal, China Creeps Back into Pompeo’s Messaging in Angola
U.S. Secretary of State Mike Pompeo wrapped up his visit to Angola, the second stop on a three-nation African tour, where he largely stayed on message promoting U.S. business interests and focusing on anti-corruption issues. But unlike in Senegal where the Secretary avoided any public mention of ...
African Students in Wuhan Will Soon Reach a Breaking Point
It's totally understandable why Kenya, Ghana and most other African governments have been reluctant to repatriate their students from Wuhan. These countries are struggling to fortify their defenses against a COVID-19 outbreak and the prospect of bringing home hundreds of potentially infected students is no doubt daunting. ...
Nigeria Doesn’t Want to Have to Choose Between the U.S. & China
Tensions between the United States and China have deteriorated significantly in recent years amid bitter disputes over trade, technology and geopolitical competition around the world. Other countries are increasingly being drawn into this rivalry and either directly or indirectly forced ...