Day: February 3, 2021

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South Africa Received Its First Vaccine Shipment This Week But Critics Are Blasting the President For Not Buying Chinese and Russian Jabs

South African President Cyril Ramaphosa personally went to Johannesburg OR Tambo International Airport late Monday night to witness the off-loading of 1 million COVID-19 AstraZeneca vaccines that arrived from the Serum Institute of India (SII). While there's no doubt relief that vaccines ...

Zimbabwe To Get Chinese C19 Vaccines, Says Ambassador. When? Well, That’s TBD.

Chinese Foreign Ministry Spokesman Wang Wenbin's inclusion of Zimbabwe in a list of 14 developing countries that would have early access to Chinese COVID-19 vaccines was reaffirmed by Beijing's envoy to Harare on Tuesday. Not surprisingly, the announcement caused quite a bit of excitement in ...

China and the Africa Continental Free Trade Area: What Role For Beijing?

The January launch of the AfCFTA has prompted considerable reflection in both China and Africa as to what role Beijing can play in this new free trade era and whether China's role will be harmful or helpful.  Predictably, Chinese commentators are ...

With a 30:1 Trade Imbalance, Some Wonder How Mauritius Could Ever Benefit From a Free Trade Agreement With China

There was a lot of excitement on January 1st when China's first free trade agreement went into effect with Mauritius, Beijing's first FTA with a country in sub-Saharan Africa. But just a month later many observers are growing concerned about a ...

China Launches Full-Scale Media Blitz in Africa to Counter Mounting U.S-European Pressure on Xinjiang

China's propaganda strategists launched a full-scale campaign in print, broadcast and social media to rebut allegations of genocide and widespread human rights violations in Xinjiang. The effort is especially noticeable in Africa where over the past 24 hours, Chinese diplomatic ...

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 ...