WEEK IN REVIEW: Chinese President Xi Jinping Will Reportedly Travel to Two Central Asian States Later This Month to Mark His Formal Return to International Diplomacy

There's been widespread speculation over which country will be the first to welcome to Chinese President Xi Jinping who has not traveled abroad since the beginning of the pandemic nearly three years ago. Selim CHTAYTI / POOL / AFP

Chinese President Xi Jinping will reportedly travel to two Central Asian states later this month to mark his formal return to international diplomacy. The Foreign Ministry of Kazakhstan said on Monday that President Xi will first travel to Nur-Sultan before heading to neighboring Uzbekistan for a summit meeting of the Shanghai Cooperation Council on September 15 and 16th. There is also speculation President Xi will meet with his Russian counterpart Vladimir Putin. (FINANCIAL TIMES)

There’s growing concern over the impact that China’s slumping currency will have on already beleaguered emerging market economies. The devalued RMB, now trading precariously close to the psychologically important mark of 7 to the dollar, will reduce the cost of Chinese exports — bad news for manufacturers in Africa, Asia and the Americas. “The impact will be felt the most by nations which compete directly with China on exports,” said Per Hammarlund, the chief emerging markets strategist at Skandinaviska Enskilda Banken AB.(BLOOMBERG)

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.