Day: May 27, 2021
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In Phone Call With Macron, Xi Pursues Trilateral Development Cooperation in Africa
Chinese President Xi Jinping urged his French counterpart Emmanuel Macron in a phone call on Tuesday that the European Union should pursue greater autonomy (presumably from the U.S.) in its foreign policy. The two leaders also discussed the upcoming COP26 climate ...
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Jake Sullivan: B3W Will Show How Americans Can Outcompete China on Infrastructure
U.S. National Security Advisor Jake Sullivan (photo) reiterated what's has become a common talking point in Washington: that the administration's Build Back Better World (B3W) initiative is going to challenge China's Belt and Road Initiative head-on. Sullivan ...
If the U.S. is Going to Compete Against China’s BRI, Then It’s Going to Have to Mobilize the Private Sector… And That Won’t Be Easy
If the proposed B3W has any chance of rivaling China's eight-year-old Belt and Road Initiative, the U.S. government is going to have to persuade development finance institutions, private companies, and Wall Street that building infrastructure in some of the world's highest risk countries is a good investment. ...
Nairobi Commuters Will Finally Get Some Relief When First Section of New Chinese-Financed Expressway Opens This Weekend
The Kenya National Highway Authority (KeNHA) finally said the words that every Nairobi motorist has been waiting to hear: the expressway is open! OK, so it's just the first section of the 27-kilometer roadway but even that will provide some badly-needed relief ...
China, DRC Sign Three Agreements to Reduce Debt and Provide New Aid
Chinese ambassador to the DRC Zhu Jing and Foreign Affairs Minister Christophe Lutundula Apala posed for a ceremonial fist-bump at the Foreign Ministry in Kinshasa following the signing earlier this month of three new accords that will provide additional Chinese aid to the DRC while eliminating some of ...
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...
OPay Seeks to Raise $400 Million For Expansion Signaling Chinese VCs May Be Ready to Return to Africa
The Chinese-backed African fintech platform OPay is reportedly in talks with investors to raise as much as $400 million at a valuation of more than $1.5 billion, according to a report in The Information. That valuation, by the way, is three times higher than the ...
This Picture Should Be Quite Worrying to Every Australian Politician
Colin Ding, president of the Chinese mining company Kingho Energy Group, paid a visit to the State House in Freetown on Tuesday to meet with President Julius Maada Bio about the company's new port and rail lease agreements that will be used to ramp up iron ...
Chinese vs. COVAX Vaccine Deliveries to Developing Countries
China has shipped three times as many COVID-19 vaccines to developing countries as the global COVAX alliance, according to the latest data. Chinese vaccine deliveries, as of this week, totalled 213.2 million doses, with almost 20 million sent to African countries,
JAMA’s Findings on Sinopharm’s Efficacy Will Allow Public Health Officials in the Global South to Sleep Better at Night
The prestigious Journal of the American Medical Association published results on Wednesday of new phase 3 clinical trials of Sinopharm's COVID-19 vaccine and confirmed that the jab's efficacy rate is between 72-78%. More importantly, the trials ...
Everyone, Not Just the Chinese, Are Playing the Game of Vaccine Diplomacy Says SOAS Prof Stephen Chan
Acclaimed China-Africa scholar and University of London professor Stephen Chan pushed back on the narrative that China alone is using vaccines to gain political advantage in its foreign policy. "To be fair, everyone's playing this game of vaccine diplomacy," he said on the latest episode of the ...
Popular American YouTuber Condenses China-Africa Relations Into a Slickly Produced 15 Minute Video
Popular current affairs YouTuber American YouTuber Johnny Harris (1.42 million subscribers) dedicated a recent episode of his show to exploring Chinese engagement in Africa. For those with a more sophisticated understanding of the topic, it will be easy ...
China’s Outgoing Ambassador to Somalia Says Goodbye With a Bit of Flair
China's ambassador to Somalia, Qin Jian, is transitioning from his post and stopped by Villa Somalia this week to say goodbye to President Mohamed Abdullahi Farmaajo in style. It's not clear where Ambassador Qin's next assignment will be.