Day: September 23, 2022
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The 2022 Africa-China Year in Review With Gyude Moore
Chinese trade with Africa is widely expected to break yet another record in 2022, while Chinese lending to countries across the continent fell again. Meantime, African leaders this year also forcefully pushed back against both the U.S. and China to avoid ...
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WEEK IN REVIEW: U.S. Launches New “China House” Initiative to Coordinate Foreign Policy Towards Beijing
The U.S. government drew on its Cold War history on Friday with the launch of a new "China House" initiative that aims to coordinate foreign policy towards Beijing. The new office will house an expanded inter-agency team of China experts who will focus on competition with China in ...
Billion Dollar Infrastructure Fund Reveals China’s New Development Finance Priorities and Tactics
The Chinese government is leveraging private capital to bolster its infrastructure development finance agenda in developing countries, particularly in Southeast Asia. The China Exim Bank, one of China's two main policy banks, announced this week that it teamed ...
Thailand’s Chinese-financed High Speed Railway Gets Boost After Xi Visit to Bangkok
The long-delayed 609-kilometer China-Thailand high-speed standard gauge railway is once again a top priority for both sides following Chinese President Xi Jinping's visit to Thailand last week, where the project topped the agenda in bilateral talks. With a price tag of ...
Vietnam is an Increasingly Popular Destination for World Leaders Looking to Broaden Their Asia Strategies Beyond China
Ugandan President Yoweri Museveni is the latest head of state to visit Vietnam as more countries look to expand their Asia engagement strategies beyond China. President Museveni arrived in Hanoi on Wednesday for a three-day state visit that will include talks with his Vietnamese counterpart ...
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
African Leaders, China Made It Clear This Week They’re Unhappy With the Current International System
African leaders one after another took the podium at the UN General Assembly (UNGA) this week to express their deep frustrations with the international system and how unfairly it treats developing countries. "It is time for a fairer, more inclusive global ...
Friends Without Benefits?
By Chris Alden It seems a long time since the joint declaration on 4 February 2022 between President Xi Jinping and President Vladimir Putin declared their ‘friendship without limits’ as crucial to ushering in a ‘new era’ in international relations. That ...
China’s No New Coal Power Overseas Pledge, One Year On
By Han Chen and Wei Shen On 21 September 2021, China’s president, Xi Jinping, told the UN General Assembly via video link that China would increase support for green and low-carbon energy in developing countries, and not build any new coal-fired ...
WEEK IN REVIEW: Developing Countries in Asia, for the First Time in More Than 30 Years, Will Grow Faster Than China
Developing countries in Asia, for the first time in more than 30 years, will grow faster than China, according to a new report by the Asian Development Bank. The bank forecasts China's annual growth rate this year to be just 3.3% compared to 4.3% for developing countries in ...