Day: January 28, 2021
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The Pressure is on the G20 to do Something… Anything… About Debt Relief at This Weekend’s Summit in Rome
Debt relief for the world's poorest countries will once again be a topic of discussion at yet another high-profile G20 gathering this weekend in Rome. Yet, there's good reason to doubt that little more will come out of this meeting than any of the ...
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CARI Researchers Critique AidData’s Report on Chinese “Hidden Debt” in BRI Countries
AidData's landmark research report published last month, "Banking on the Belt and Road," generated tremendous media coverage around the world, particularly related to the report's finding that $385 billion in so-called "hidden debts" are owed to China. ...
With New Chinese Money Hard to Come By, Kenya’s Treasury Turns to the Bond Market to Finance Infrastructure
The Kenyan government is making preparations to float its largest-ever bond offering, a record $1.3 billion (Sh150 billion) issuance. It will be used to settle debts with contractors, possibly including some Chinese companies, and to fund road projects that are currently in development.
Chinese State Media: Blame the U.S. For the Coup in Sudan
Although the Chinese Foreign Ministry has been largely silent this week about the military coup in Sudan, the country's largest television broadcaster, CCTV (央视新闻), appears to be framing the story in a way that lays the blame for the collapse of the civilian government squarely at the ...
Two Chinese Experts Call for Beijing to Do More to Provide Non-Vaccine Assistance to Combat COVID in Africa
Simply shipping more jabs to Africa will not be enough to fulfill Chinese President Xi Jinping's commitment to make COVID vaccines a "global public good," argued two experts in a column published this week on the site "China and International Development."
Wang Yi, China's Foreign Minister and S. Jaishankar, Minister of External Affairs of India
In the space of 24 hours, between Sunday and Monday, the foreign ministers from both China and India laid out their respective governments’ positions on the escalating war in the Middle East. In Beijing, China’s top diplomat, Wang Yi, was unsparing in his criticism of ...
China’s Engagement in Africa Becomes Focal Point at Linda Thomas- Greenfield’s Confirmation Hearing to Become U.S. Envoy to the UN
Linda Thomas-Greenfield (photo), President Biden’s nominee for U.S. ambassador to the United Nations, came under criticism on Wednesday during her confirmation hearing, for a speech she made in 2019 at a now-closed Confucius Institute in Savannah, Georgia. Republican senators argued the speech was overly complimentary ...
If/When Two Chinese COVID-19 Vaccines Get Approval From WHO, Demand From Developing Countries Likely to Increase
Two Chinese-made COVID-19 vaccines made by Sinopharm and Sinovac are now under evaluation by the World Health Organization to receive the highly prized prequalification (PQ) status. If the Chinese vaccines do receive WHO PQ certification, that could open up vast new ...
Black Market Chinese COVID-19 Vaccines Poses a Significant Threat to China’s Vaccine Push in Developing Countries
News that Chinese-made COVID-19 vaccines were smuggled into the Philippines sparked concern around the world that the already thriving black market trade in counterfeit pharmaceuticals will inevitably extend to the coronavirus vaccine. Lebogang Mokoena, a columnist for the South ...
Chinese State Media Isn’t Taking Vaccine Criticism Very Well
Questions about the efficacy of Chinese vaccines and whether China and India have engaged in a form of "vaccine rivalry" really seem to have gotten under the skin of China's bombastic national tabloid Global Times. In fact, they seem downright hurt by the critiques and seem to ...
Linda Thomas-Greenfield’s Testimony Reveals Gaping Holes in U.S. Understanding of Chinese Engagement in Africa
During her confirmation hearing before the Senate Foreign Relations Committee to become the next U.S. ambassador to the United Nations, Linda Thomas-Greenfield was asked on several occasions to comment on how she perceives China's engagement in Africa. Remember that Thomas-Greenfield is ...