Day: January 15, 2021
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Death of the Chinese Debt Trap Narrative
Critics of China's lending practices in Africa and much of the developing world have gone suspiciously quiet over the past 6-7 months. A year or so ago, Kenyans were up in arms over erroneous reports that China was going to seize the Port of Mombasa. A few months ...
New Stats Reveal China-Africa Trade, Aid Flows Rose in 2019, But FDI Kept Falling
Researchers at the China-Africa Research Initiative at Johns Hopkins University in Washington, D.C. published a highly-anticipated update on Wednesday to their data sets that track Chinese economic engagement with the continent. The new figures for 2019 can't be summed up in a single, simple narrative. While trade and foreign aid both increased ...
China’s Rapidly Evolving Relations in the DR Congo
Foreign Minister Wang Yi's stopover in Kinshasa on his latest Africa tour highlights the growing importance of the DR Congo in Chinese foreign policy. During his visit, Wang announced a modest debt relief package and that the DRC would become the ...