Day: July 12, 2022

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African Countries Owe Way More to Private Creditors Than to China, Says New NGO Report

African governments owe nearly three times as much money to Western private creditors than they do to Chinese lenders, according to a new report by the UK-based NGO Debt Justice. The group's findings are based on World Bank data and reveal a ...

Chinese Weapons and Military Equipment Are Showing Up on the Battlefields of the Eastern DR Congo

Chinese-made weapons and military equipment are in wide use by the Congolese rebel group M23 and other factions battling in the eastern DRC, according to an investigation by the DRC news publication Politico.cd. "M23 weapons seized by the FARDC (the Congolese military) ...

A Glimpse into China’s Senior Diplomat’s Visit to Africa and Asia

Yang Jiechi, one of China's most senior foreign policy officials and a politburo member, visited Pakistan, The UAE, Mozambique, and Zimbabwe earlier this month and gave a rare interview to Xinhua about his trip.  While he mostly stuck to official talking ...

Chinese Lithium Giant Expands into Argentina

The Chinese battery metals company Ganfeng Lithium Co. will spend $962 million to buy 100% of the Argentinian lithium compounds producer Lithea. The company owns lithium salt lakes with a capacity of 30,000 tons of lithium carbonate per year.  Ganfeng Lithium ...

China and the Prospect of Early Retirement of Coal Plants in the Global South

By Alex Clark, Christoph Nedopil and Cecilia Springer Formerly the world’s largest public financier of coal, China has committed not to build new coal plants overseas. China has financed between 41 GW and 52 GW of currently operating ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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