Day: March 10, 2020

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Tweet of the Day: Chinese Support of ANC Women’s League Charity Highlights Importance of CCP-ANC Ties

China's relationship with South Africa operates on two distinct levels: one governmental and the other between the two countries' ruling parties. Although not historical allies, the CCP's ties with the ANC ...

Why East Africa’s Next Railways Won’t be Built With Chinese Money

From Ethiopia to Kenya and soon Tanzania, thousands of kilometers of new railways are coming online. And if Tanzanian President John Magufuli is successful, Dar es Salaam will emerge as the hub of a hugely ambitious regional railway network that will stretch across half a dozen countries. ...

With an Eye on China, Europe Unveils New Africa Strategy

15 years after the European Union published its last strategy document for Africa, EU foreign policy leaders have come up with a new policy vision for the continent that officials unveiled on Monday. Officials say the "Comprehensive Strategy with Africa" aims ...

South Africans in Wuhan Wait and Wonder When They’ll be Evacuated

Hundreds of South African nationals stranded in Wuhan, China are growing despondent in response to the lack of any update from officials in Pretoria over their planned evacuation.  When President Cyril Ramaphosa announced plans for the evacuation, he said it would ...

How Will COVID-19 Impact China’s Belt & Road Initiative?

Amid the worsening COVID-19 epidemic, China’s Belt and Road Initiative is facing its single greatest challenge since President Xi Jinping launch the BRI in 2013 when he promised countries around the world greater access to Chinese markets and capital. That interconnectedness ...

Analysis from Cobus van Staden

How to Lure Chinese Financing Back to the Global South: Report

Global South countries face increasing financing pressure, endangering their ability to keep developing while also implementing measures to deal with a growing climate crisis. The disruption of global trade is coupled with a larger megatrend: flows of international capital to the developing world have turned negative. This means that countries are now routinely paying more to service loans than they receive in disbursements.

The vast majority of Global South borrowers ...