Day: January 25, 2023

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Sri Lanka Hints at Lukewarm Response to China Exim Bank’s Debt Moratorium Offer

The China Exim Bank has reportedly agreed to grant Sri Lanka a two-year debt repayment moratorium, according to a letter sent by the Chinese policy bank to the Finance Ministry in Colombo. The letter, which has not been made public

China Tells Janet Yellen U.S. Is in No Position To Criticize Beijing on Debt Issues in Zambia

The Chinese embassy in Lusaka clapped back at U.S. Treasury Secretary Janet Yellen for her remarks that Beijing was acting as a "barrier" in Zambia's drawn-out debt restructuring process. In a sharply worded statement posted on its website Tuesday, the embassy ...

The South African Government May Be Edging Closer to China, Russia But Its People Seem to Prefer the West, Says New Poll

U.S. Treasury Secretary Janet Yellen will meet with South African President Cyril Ramaphosa on Wednesday during the last stop of her ten-day, three-nation Africa tour. Yellen's arrival in Pretoria comes one day after a high-profile visit by Russian Foreign Minister Sergey Lavrov and ...

Why Chinese Lending to Pacific Island Countries Has Steadily Declined in Recent Years

Chinese lending to Pacific Island Countries (PICs) is now at its lowest level in 15 years, according to new data published by the Australian think tank Lowy Institute. The findings may come as a surprise, given China's heightened diplomatic and security ...

Xi Issues Call For Solidarity Among Developing Nations in Video Address to Latin American Leaders Summit

Chinese President Xi Jinping addressed the final day of a leaders summit of the Community of Latin American and Caribbean States (CELAC) in Buenos Aires on Tuesday, where he renewed calls for closer coordination among developing countries and improved South-South cooperation. The President's ...

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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Washington’s Top Commander for U.S. Forces in the Americas Says China’s Growing Presence in the Region ‘Keeps Her Up At Night’

Prior to his retirement last year, the top commander for U.S. forces in Africa, General Stephen Townsend, was among the most vocal Pentagon officials on the perceived threat posed by China to U.S. interests abroad.  General Townsend's replacement, Michael E. Langley, ...