Day: April 1, 2021

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New CARI Report on Chinese Lending to Africa Doesn’t “Tell the Whole Story” Says Well-Known Chinese Analyst

The China-Africa Research Initiative's (CARI) latest report on the downturn in Chinese overseas lending to African governments that was published earlier this week was not well-received in some quarters of Beijing. Song Wei, a well-known Africa analyst who used ...

China Donates a Fleet of SUVs to Uganda For an International Conference That Never Happened

China's ambassador to Uganda, Zheng Zhuqiang, handed over 70 brand new SUVs to Uganda's Foreign Affairs Minister Sam Kutesa at a ceremony in Kampala on Wednesday. The vehicles were supposed to have been used at last April's G77 Summit in the ...

China Tries to Calm U.S. Anxieties About New Pact With Iran

One of China's most prominent Iran scholars, Fan Hongda from the Shanghai Institute of International Relations, published a column in the Communist Party-controlled English-language newspaper China Daily that appears intended to try and calm fears in the United States and to send the message that ...

New Report on Chinese Loans Challenges China’s “Win-Win” Narrative

The release of Wednesday's groundbreaking report that analyzed 100 Chinese state-backed loans to developing countries over a three-year period sparked considerable international media coverage.  While the 77-page report produced by researchers at AidData, the Washington-based Center for Global Development (CGD), ...

The China-Mediterranean Observer: MENA Countries and the Burgeoning U.S.-China Rivalry

This month, the research through the media of the broader Mediterranean region brought forth interesting developments in Chinese engagement with the countries of the area. Moreover, several media outlets show a continuing interest in the rivalry between China and the United States, and its possible consequences on ...

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 ...