Day: October 31, 2022

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The Wider Implications of Europe’s Quest for African Natural Gas”?

It’s becoming increasingly clear to me that one of the most important tools for making it through these times is a capacity for grim amusement.  Without it, one would simply be crushed by something like the recent UN climate reports which correctly pointed ...

Vietnam’s Communist Party Leader Arrives in Beijing, Kicking Off a Busy Week of Chinese Diplomacy

Vietnam's Communist Party leader Nguyen Phu Trong arrived in Beijing on Sunday, kicking off what will be a very busy week of international diplomacy in the Chinese capital. Trong's three-day visit is generating a lot more attention given that he will be the first international ...

Reports: Xi Expected to Travel to Saudi Arabia for December Summits

Chinese President Xi Jinping will reportedly travel to Saudi Arabia in December to attend a trio of Sino-Arab summits taking place in the Kingdom. The latest rumors about President Xi's purported trip surfaced late last week following the fourth round of talks between Chinese Foreign Minister Wang Yi and his ...

China-based Development Bank to Ramp Up Lending by $10 Billion a Year

While China's two major policy banks have pulled hard on the reins to curtail development financing in the Global South, the Beijing-based Asian Infrastructure Investment Bank is going in the opposite direction. AIIB's President Jin Liqun told the Financial Times that the ...

Two New Huawei-Powered 5G Networks Launch in Africa

Chinese telecom giant Huawei may be encountering severe headwinds in the U.S., Europe and parts of Asia but not so in Africa, where the company launched two new 5G networks in just the past week: SOUTH AFRICA: Partially state-owned ...

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 ...

How Does Local Agency Fit into Africa-China Negotiations?

In the first of a three-webinar series, the Le Collectif pour le Renouveau Africain (CORA) brought together a group of leading African analysts and scholars to discuss local agency in Africa-China negotiations. The panelists and discussants analyzed the extent of agency exercised by local actors in Chinese-funded infrastructure ...