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Day: April 9, 2020

WHO Fight With the U.S. Highlights Why Africa is So Important to China

African leaders are rallying to the defense of World Health Organization Director-General Tedros Adhanom Ghebreyesus following Tuesday's broadside attack from U.S. President Donald Trump against the health body for failing to move fast enough to contain the COVID-19 outbreak when it first emerged in China ...

With Subtle References to China, the U.S. Steps Up Its Own Global COVID-19 Aid Response

United States Secretary of State Mike Pompeo announced Tuesday that Washington would almost double funding for COVID-19 relief programs around the world. "Today I can confirm that we are prepared to commit an additional $225 million in health, humanitarian, and economic assistance to further boost response efforts ...

Chinese Foreign Ministry Spokesman Responds to Ghana Finance Minister’s Request for Debt Relief

The Chinese government provided its first comment regarding the appeals for African debt relief. Foreign Ministry Spokesman Zhao Lijian addressed the issue at his regular press briefing in Beijing on Tuesday: REUTERS CORRESPONDENT: "First question, there was a ...

Ghana’s Finance Minister is the First High-Level African Official to Publicly Call on China for Debt Relief

Ghana's Finance Minister Ken Ofori-Atta became the first senior-level African official to specifically call on China for help in relieving the spiraling African debt crisis. Until now, African leaders had issued general appeals to the "international community" for debt relief but never mentioned any individual creditors like ...

If African Leaders Expect China to Cancel Their Debts, They’re Probably Going to be Disappointed

It's been just over two weeks since Ethiopian Prime Minister Abiy Ahmed issued the first call on behalf of African leaders for emergency debt relief. Since then, there hasn't been much movement on the issue in part because those appeals were broadly targeted at "international ...

Analysis from Cobus van Staden

Argentina Scores $924 Million in Deals from China

Argentina’s Economy Minister Sergio Massa managed to secure almost a billion dollars‘ worth of investment deals on the first leg of his trip to China.
He is on an economic rescue mission, with talks expected to renew and extend a currency swap agreement in order to infuse much-needed foreign money into the Argentinian economy.

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