Day: November 10, 2021

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China’s UN Envoy Criticizes U.S. Sanctions Against Ethiopia, Pushes Instead For Multilateral Response

The brief respite from U.S.-Chinese sniping at the United Nations over the deteriorating situation in Ethiopia came to an abrupt end this week. The two countries had momentarily put aside their differences on Friday when they signed a joint statement calling for the ...

Chinese Media Coverage of the Crisis in Ethiopia Also Weaves in Longstanding Grievances Against the U.S.

Over the past week, there's been a noticeable increase in the frequency of media coverage on both online news sites and state-run channels in China about the burgeoning conflict in Ethiopia. It does not appear that these news outlets have many, if any, resources on the ground ...

China Dismisses the White House’s B3W Plan

Chinese Foreign Ministry spokesman Wang Wenbin was asked to comment on Tuesday about the news that the U.S. plans to launch its Build Back Better World global infrastructure program in January. The B3W is ostensibly intended to rival China's Belt and Road Initiative.

Hannah Ryder on the Importance of China Continuing the Tradition of Announcing a Big Financial Commitment at FOCAC

The highlight of every FOCAC, at least measured by the quantity of news headlines, is the size of the big financial package that's unveiled at the end of the triennial conference. In 2012 it was $20 billion, then $60 billion in 2015, and $60 billion again in ...

Tshisekedi Checks in on the Progress of Kinshasa’s Vast New China-built Cultural Center

DR Congo President Félix Tshisekedi joined Ambassador Zhu Jing on Monday for a tour of the construction site of the new cultural center that China is financing and constructing in Kinshasa. When finished, the new 36,000 square meter ...

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 ...

FOCAC PERSPECTIVES: African Civil Society Stakeholders Hope FOCAC Will Lead to a More Inclusive Dialogue With China That Promotes Industrialization and Sustainable Development

Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists and business leaders about what they hope will emerge from the FOCAC event in Dakar. If you ...

Daily Life For Chinese Residents in Addis Ababa is Becoming Increasingly Difficult

With the security situation in the Ethiopian capital Addis Ababa becoming increasingly tenuous, supply chains for daily necessities are becoming strained making it difficult for everyone, including the city's Chinese diaspora community, to secure enough food, water and other daily necessities. The Guangzhou-based news channel Southern Metropolis ...