Day: February 9, 2022
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Arab Media Expresses Optimism Towards the China-Arab Summit
Arab media showed optimism toward the China Arab Summit which kicks off Friday in Saudi Arabia. Only a few hours before its kick-off, Arab media says the summit reflects the “strong position” that Arab countries hold within the new global system. ...
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Understanding Chinese Influence
By Lukas Fiala Xi Jinping’s current trip to Saudi Arabia has been accompanied by the usual framing of great power competition between the U.S. and China. The story in many of this week’s newspapers is one in which China increasingly ...
Worrisome Demographic Trends in China and Africa
Africa is home to the world's youngest and fastest-growing population, creating what proponents call a "demographic dividend." Conversely, China is rapidly becoming one of the world's oldest countries thanks in part to decades of draconian family planning policies that limited most ...
WEEK IN REVIEW: United States to Increase Its Military Force Presence in Northern Australia
The United States announced it will increase its military force presence in northern Australia in response to "China's dangerous and coercive actions" in the Asia-Pacific region. Defense Secretary Lloyd Austin said on Tuesday the Pentagon will step up troop rotations that will also include the deployment of added ...
More Evidence that the Africa-China Relationship is Increasingly Driven by Politics, Not Commodities
For centuries, many assumed that Africa's greatest contribution to the global economy was through selling stuff that comes out of the ground. That was certainly what drew the Chinese to Africa back in the early 2000s. Today that's no longer the case.
A U.S. Marine Corps CH-53E Super Stallion with lands aboard the amphibious transport dock ship USS Portland during flight deck operations in the Pacific Ocean. Image via the U.S. Marine Corps.
In this edition of M&M, I want to examine one of the most common claims not only in Vietnam’s foreign policy circle but also in that of the United States. The United States is a Pacific power with an extensive network of alliances and bases across the Indo-Pacific, and its exercise ...
You’ve Heard of the Brady Plan, But What About the “Shanghai Plan” to Restructure Developing World Debt?
This week's revelation from the AfDB that Africa's total public debt now stands at $546 billion, more than all of the revenue collected in 2021 by governments across the continent, is the latest indication that the debt issue is blooming into a full-blown crisis ...
China Risks Repeating Debt Restructuring Mistakes of the Past Say Research Trio “HRT”
Chinese creditors' obsession with secrecy and their outright refusal to cancel debts held by low-income countries will undermine the chances of success of any major sovereign debt restructuring initiative, argue World Bank economists Sebastian Horn and Carmen Reinhart along with University of Kiel economist Christoph Trebesch.
Almost 2/3 of Africa’s Exports to China Last Year Came From Just Three Countries
The highly distorted nature of China-Africa trade in 2021 was the subject of a series of compelling charts and infographics published on Tuesday by the online financial news site Quartz. African exports, in particular, stood out. Only three ...
With An Eye on China, EU Chief Says Europe is Africa’s “Most Reliable Partner”
European Commission President Ursula von der Leyen (photo) will arrive in Dakar on Wednesday for a quick trip before next week's Europe-Africa summit. One of the key highlights of her visit will be to unveil some of the first projects selected as part of the new Global Gateway ...
Somaliland FM Pitches “Huge” Oil and Gas Potential to Taiwan President Tsai Ing-wen
Somaliland Foreign Minister Esse Kayd on Wednesday began a five-day tour of Taiwan at the Presidential Office Building in Taipei, where he met with President Tsai Ing-wen. Kayd was especially keen to extol the potential for Taiwanese companies ...
Lithium Follows Cobalt’s Lead With New Record Production Output
The surging demand for electric vehicles in China, the U.S., and Europe is powering new demand for lithium, a key ingredient used to make EV batteries. Global mined lithium production hit a record high in 2021 of 100,000 tonnes (excluding the ...
Meet Nigeria’s First Female Train Conductor (Who Also Happens to be Fluent in Mandarin)
The state-owned China Civil Engineering Construction Corporation (CCECC) that built the new Lagos-to-Ibadan standard gauge railway in Nigeria, published a cute corporate video recently that showcased the country's first female train conductor. Introduced only by her Chinese name Bai Yang, she ...