Day: October 5, 2022

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China’s Share of Nigeria’s Public Debt Now Stands at 3.8%, According to New Government Data

Nigeria's Debt Management Office (DMO) released updated figures this week on the country's ballooning public debt. The country's lending jumped by more than $3 billion in the three-month period from March to June. It now stands at $103.31 billion. ...

World Bank: China’s COVID-19 Restrictions Contributes to Africa’s Economic Woes

The World Bank issued a sobering economic forecast for Africa on Wednesday, warning of a sharp slowdown in growth due to the multiple global crises that are disproportionately impacting the continent. Rising inflation, food insecurity, higher interest rates in advanced economies and widening inequality exacerbated by the ...

Solomon Islands Explains It Wanted China References Stripped From U.S.-Pacific Island Countries’ Accord

The Solomon Islands caused a bit of a stir last month at a summit in Washington, D.C. when it refused to sign an initial draft of an accord between the U.S. and more than a dozen Pacific nations. Now, we know why.

India’s Air Force Commander Provides New Details on the Hijacking Hoax Involving China-bound Airliner

New details are emerging about what happened when the captain of an Iranian airliner called in a bomb threat on Monday en route to the southern Chinese city of Guangzhou. In the end, it turned out to be a false alarm as ...

While More U.S. Companies Are Moving Production From China to India, Ford is Heading in The Other Direction

Apple is one of a growing number of international companies moving quickly to diversify its manufacturing operations away from China to other countries in Asia, particularly India. In fact, the Cupertino-based tech company announced this week that in just five months, ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...