Day: July 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."
