Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019.
The timing of the announcement that Rome won’t renew its BRI commitment is notable. It came only a day before the EU-China summit, which kicks off on Thursday. The summit will likely be more contentious than usual, with European leaders expected to push China on the treatment of EU firms amid discussions ...
Day: January 19, 2022
China-Africa Trade in 2021 Amounted to $254 Billion, Breaking an All-Time Record
Two-way China-Africa trade surged last year to a new record of $254 billion, an impressive $67 billion increase from the 2020 total of $187 billion, according to data released by China's customs agency on Tuesday. Last year's supply ...
Rwanda’s Ambassador to China is Becoming an Innovative Pitchman for His Country’s Coffee Industry
If African countries are going to close their gaping trade deficits with China they'll have to find new ways to sell more of their goods to Chinese consumers. And James Kimonyo thinks he knows how. Kimonyo, Rwanda's Ambassador to China, is emerging ...
Anzetse Were Has Something to Say to the International Media About Its Coverage of China-Africa Relations
Longtime Africa-China analyst and Nairobi-based development economist Anzetse Were is exasperated from the international media's shoddy coverage of China's engagement with Africa. "The narrative on Africa-China relations in global media has been persistently one-dimensional," she wrote in a ...
U.S., European Financial Media Struggle to Report the Chinese Debt Story in the Global South
A number of prominent U.S. and European financial news outlets including the Financial Times and the Wall Street Journal among others are visibly struggling in their reporting of Chinese debt stories in the Global South. There's a certain formula that's emerged ...
Join Two South African YouTubers For Brunch And a Candid Discussion about the Experience of Black Africans in China
Two South African expatriates living in China sat down for brunch last Sunday to share some straight talk with their YouTube subscribers over what it's really like to be Black in China. The pair, who only identify themselves by their YouTube ...
The Long Arc of Chinese Lending to Africa
The biggest headline from November’s FOCAC meeting was China’s pivot away from infrastructure funding. But like many FOCAC headlines, it needs several asterisks. In the first place, the pivot might actually be away from a particular infrastructure model (massive projects funded with large bilateral Chinese policy bank ...