Day: October 20, 2021

Related Posts

Erdogan Tours Africa Sounding a Lot Like a Chinese President

Turkish President Recep Tayyip Erdogan arrived in Nigeria on Tuesday, the second leg of his three-nation, four-day tour of Africa. While the primary focus of his visit to Nigeria will be to foster closer commercial ties with Ankara's largest trading partner on the continent, the ...

African Iron Ore Exporters Keep a Wary Eye on China’s Falling Steel Output

Iron ore prices are holding steady... for now... but investors are becoming increasingly worried about the impact that the real estate crisis and China's slowing economy overall may have on-demand later in the year.  Plus, Chinese officials have tried to limit ...

It Looks Like the U.S. and Europe Are Now More Worried About China’s Growing Influence in LatAm Than Africa

The Daily Mail's sensationalist headline today ("China's take-over in America's back yard") speaks to the mounting concern in U.S. and European capitals about China's growing presence in Latin America and the Caribbean. This latest wave of anxiety, ...

China’s Climate Role in the Global South

I don't know about you, but I'm suffering from COP26 stress. There's so much riding on the global climate summit happening in Glasgow at the end of the month that it's sometimes difficult to remember we face a few other pressing issues too. 

The Messy Politics of Building a Railway in Kenya With Chinese Money

Kenya's Standard Gauge Railway (SGR) is the showcase in Africa for China's debt-led infrastructure development drive. While critics accuse China of saddling Nairobi with unsustainable levels of debt to build the rail line that goes from the port of Mombasa to ...

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 ...