Day: May 31, 2022
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The Wider Implications of Europe’s Quest for African Natural Gas”?
It’s becoming increasingly clear to me that one of the most important tools for making it through these times is a capacity for grim amusement. Without it, one would simply be crushed by something like the recent UN climate reports which correctly pointed ...
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Vietnam’s Communist Party Leader Arrives in Beijing, Kicking Off a Busy Week of Chinese Diplomacy
Vietnam's Communist Party leader Nguyen Phu Trong arrived in Beijing on Sunday, kicking off what will be a very busy week of international diplomacy in the Chinese capital. Trong's three-day visit is generating a lot more attention given that he will be the first international ...
Reports: Xi Expected to Travel to Saudi Arabia for December Summits
Chinese President Xi Jinping will reportedly travel to Saudi Arabia in December to attend a trio of Sino-Arab summits taking place in the Kingdom. The latest rumors about President Xi's purported trip surfaced late last week following the fourth round of talks between Chinese Foreign Minister Wang Yi and his ...
China-based Development Bank to Ramp Up Lending by $10 Billion a Year
While China's two major policy banks have pulled hard on the reins to curtail development financing in the Global South, the Beijing-based Asian Infrastructure Investment Bank is going in the opposite direction. AIIB's President Jin Liqun told the Financial Times that the ...
Two New Huawei-Powered 5G Networks Launch in Africa
Chinese telecom giant Huawei may be encountering severe headwinds in the U.S., Europe and parts of Asia but not so in Africa, where the company launched two new 5G networks in just the past week: SOUTH AFRICA: Partially state-owned ...
Source: Wikistrat Expert Analysis | How the War in Iran is Shaping China’s Strategic Calculus
There's been a lot of speculation in U.S. and European policy analysis circles over what lessons China is taking away from the U.S.-Israeli war against Iran. The debate largely divides along two broad categories. On one side, popular in Washington, D.C., contends that the massive ...
South Pacific Countries Balk at China’s Comprehensive Proposal, Dealing Visiting FM Wang Yi Rare Public Setback
Midway through Chinese Foreign Minister Wang Yi's 10-day South Pacific tour and the trip, so far, is not going according to plan. Normally on these kinds of high-profile extended diplomatic excursions to strategically important regions, Chinese officials work hard to ensure that all parties are in alignment ...
Australia Breathes a Big Sigh of Relief After Pacific Island Countries Push Back Against China
You can see from the expression on visiting Australian Foreign Minister Penny Wong's face the palpable relief from the reception that she received in Fiji over the weekend and, no doubt, to the news that as a group, Pacific Island Countries balked at China's plan to deepen ...
Chinese Lending Poses “Serious Danger” to Poor Countries Warns German Chancellor
German Chancellor Olaf Scholz became the latest Western leader to warn about the purported systemic risks to the global economy posed by Chinese lending to developing countries. Chancellor Scholz addressed the issue at an event in Stuttgart ...
China’s Tecno and Infinix Ranked Among the Top Brands in Africa
Transsion's Tecno unit slipped a spot to #6 in Brand Africa's annual ranking of the most admired brands but it still remained firmly in the top ten and was the highest-ranked of any Chinese company. Two other phone brands, ...
China Celebrates African Business Competition Launched by a Man and His Former Company Who Shall Not Be Named
Up until a few years ago, the annual African Business Heroes (ABH) competition was a huge deal, generating massive online excitement. Today, well, not so much. In fact, it's hard to tell that the ABH contest ...