Day: February 15, 2023
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WEEK IN REVIEW: Ethiopia Widely Expected to Default on Portion of Its Debt
Ethiopia is widely expected to default on a portion of its debt as the government warned it will not be able to make a $33 million bond payment due on Monday. Ethiopia is in the midst of Chinese-led debt restructuring talks under the G20's Common Framework initiative.
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China’s Crisis Diplomacy Is in Overdrive – but to What Effect?
By Lukas Fiala 方朗克 When China’s Horn of Africa Envoy, Xue Bing, returned to Ethiopia earlier this week, he did so in the context of China’s increasingly proactive diplomacy across Africa and the Middle East. From the conflict in Gaza to the peace ...
WEEK IN REVIEW: Ethiopia Debt Update | China @COP28 | Chinese Energy Projects in Africa
Ethiopia is the latest African country that is now teetering on the verge of default after the government announced this week that it would not be able to make a $33 million bond payment. Eric speaks with Mark Bohlund, a senior ...
The Chinese on the Lion Mountain: Peering Into China’s Evolving Diaspora and Soft Power in Sierra Leone
A casino sits on the northwestern tip of Freetown, Sierra Leone, West Africa. Shining neon lights unquelled by the hourly power outages adorn its exterior, flashing hues of pink, green, and yellow onto the red lanterns hanging outside the main entrance. Women dressed in qipaos deal cards ...
TikTok Finds Its Way Back Into Indonesia’s Booming E-Commerce Market
Chinese-owned TikTok announced on Monday that it is taking over 75% stake in Tokopedia, the Indonesian e-commerce unit of GoTo’s super-app ecosystem. The company said that it will spend a total of $1.5 billion and that the transaction will be completed by the first quarter of ...
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...
Xi Reassures Raisi Everything is OK Between China and Iran
Iranian President Ebrahim Raisi is undoubtedly relieved that his meeting on Tuesday with his Chinese counterpart Xi Jinping went smoothly and (at least on the surface) Tehran's ties with Beijing seem back on track. Over the past year, there's been mounting concern in ...
Iran Leans Into Ties With China to Ease the Sanctions Burden From the U.S., Say Scholars
Iran's shift away from engagement with the U.S. and Europe and towards China is the key theme of this week's visit to Beijing by President Ebrahim Raisi, according to two of China's leading Mideast scholars. Professor Ding Long from Shanghai International ...
India Adds to Mounting Pressure on China to Resolve Debt Relief Impasse With IMF, World Bank
The Indian government called on China to stop blocking the debt restructuring process for the world's poorest countries, adding to the pressure on Beijing ahead of a critical meeting with the World Bank and the International Monetary Fund on Friday. Amitabh ...
Philippines Summons Chinese Ambassador Over Laser Incident at Sea
Philippine President Ferdinand Marcos summoned China's ambassador to express his "serious concern" over Monday's alleged use of a military grade laser by a Chinese Coast Guard vessel against nearby Philippines ships in the South China Sea. In Washington, U.S. State Department ...
Ugandan Food Vlogger in Rural China Becomes Unlikely Social Media Star
30-year Ugandan immigrant Rose is now a full-fledged social media star on China's TikTok equivalent Douyin. Now, with more than a million followers and almost 200 million likes, Rose (who doesn't reveal her last name) has become one of China's most popular food vloggers. ...