Day: July 11, 2022

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China’s Frenetic Diplomatic Push at the G20 Foreign Ministers Meeting in Bali

Coverage of the G20 Foreign Ministers' meeting in Bali was dominated by Russian Foreign Minister Sergei Lavrov's high-profile exit from the meeting and the first encounter since October between U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi. But the event also saw a flurry of Chinese diplomatic ...

Blinken Calls on China, ASEAN to Put Pressure on Mynamar Junta

U.S. Secretary of State Antony Blinken urged China and members of the ten-nation Association of Southeast Asian Nations (ASEAN) to collectively pressure the military government in Myanmar to return to democracy. "It is incumbent on China and in China's interest to see ...

Zambia Expected to Finalize Debt Restructuring Deal By the End of the Month

Zambia appears to be edging closer to a debt restructuring deal with its official creditors. Insiders tell Reuters it could happen sometime in July. Some sort of arrangement between the Zambian government and the Franco-Chinese-led Creditor Committee would be a major breakthrough. ...

Maritime Issues Could Headline the Next High-Level Chinese Tour of Africa

China's most senior diplomat for Sub-Saharan Africa announced that Special Representative on African Affairs, Xu Jinghu, has kicked off an 8-nation African tour. The Foreign Ministry hasn't provided any information about her visit besides the itinerary (thanks to this map). Prominent Africa-China ...

Reports: Saudi Arabia Eyeing Chinese Stealth Fighter Jets

It appears that sources within the Saudi Arabian Royal Air Force are leaking information about their apparent interest in acquiring and possibly even manufacturing FC-31s, China's most advanced stealth fighter jet. Saudi news reports also indicate that the Chinese are also ...

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 ...