Day: February 20, 2023
IMF Considers Circumventing China for Sri Lanka’s Emergency Debt Relief
The International Monetary Fund may have found a way to unblock the impasse with China that's blocked Sri Lanka's $2.9 billion emergency financial package. The IMF, according to Bloomberg, is actively considering invoking a rarely ...
Chinese Embassy in DR Congo Dismisses State Auditor Report That Demands $17 Billion in Additional Infrastructure
The Chinese embassy in the Democratic Republic of the Congo blasted a report published late last week by the state auditor in Kinshasa that called for an additional $17 billion of infrastructure as part of a 2008 infrastructure-for-minerals deal. ...
China Resumes High-Level Diplomatic Visits to Africa
Chinese Vice Premier Sun Chunlan met late last week with South African President Cyril Ramaphosa during a brief visit to Cape Town. Sun's visit comes one month after Foreign Minister Qin Gang did a five-nation tour and marks ...
South Africa Begins Controversial Naval Exercises With Russia and China
The South African navy kicked off ten days of drills in the Indian Ocean on Friday with visiting warships from Russia and China. The naval exercises, known as Operation Mosi II, have sparked considerable outrage among civil society groups and opposition ...