A bill currently under consideration in New York State could reshape sovereign debt renegotiations around the world by making private creditors accept the same losses as the U.S. government would as a sovereign creditor instead of holding out for a full payback.
The bill comes as countries like Zambia and Sri Lanka face their loan renegotiations being dragged out for years as U.S.-based private lenders stonewall to obtain better deals. 52% of the ...
Day: September 20, 2021
Message Point: The “Infrastructure-for-Minerals” Package Cooperation Between China and the DRC”
When China faces intense public pressure, as was the case last year following the Guangzhou discrimination crisis and now in the DRC over mining contracts, Chinese representatives often take much longer to respond than other governments do under similar circumstances.
China’s Ambassador to DRC Gets Into Online Spat With Former Trump Administration Official
For the past few days, a low-grade Twitter feud has been going on between China's ambassador to the DRC, Zhu Jing, and J. Peter Pham, a former U.S. special envoy to the Sahel during the Trump administration and now a fellow at the Washington, D.C.-based think tank ...
Chinese Stakeholders in the DR Congo Go On the Offensive in a Bid To Change the Narrative
Chinese mining interests in the DR Congo are now pushing back aggressively against the perception that they are unfairly exploit Congo's natural resources through unfair contracts, avoiding taxes, and not fulfilling corporate social responsibility commitments. The companies, many of which are ...
How a Chinese Vlogger is Challenging Stereotypes About Africa One Video at a Time
The classic stereotypes about Africa are widespread in China where, like elsewhere, many peoples' perceptions about Africa mirrors the outdated, offensive caricatures that are commonplace in mainstream media. Just as in the West, Africa for many, if not most people, is a place of war, despair, disease, ...
The First COVAX Vaccines From China Arrive in Africa
Some of the first vaccines provided by China through the global COVAX alliance have arrived in Africa. An unspecified quantity of Sinopharm jabs was delivered over the weekend. The U.S., however, remains the largest supplier with 1.5 million doses delivered to date, also via COVAX.
Analysis from Cobus van Staden
Proposed New York Law Could Reshape Debt Negotiations Around the World
Tanzania To Open New Consulate in Guangzhou
Tanzania plans to expand its diplomatic presence in China with the opening of a new consulate in the southern city of Guangzhou. In his announcement on Friday, Ambassador Mbelwa Kairuki said the focus of the new mission will ...