Day: February 22, 2023

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Sri Lanka President to Meet With Chinese Finance Minister in Bid to Unblock Debt Relief

Sri Lankan President Ranil Wickremesinghe will meet with Chinese Finance Minister Liu Kun on Friday for what's been described as "a last-ditch effort" to get Beijing to align with Colombo's other creditors for desperately-needed debt relief. The two will ...

Ghana’s Finance Minister Will Go to Beijing This Week Seeking Debt Relief

Ghanaian Finance Minister Ken Ofori Atta will head to Beijing on Friday in a bid to re-negotiate Accra's $1.7 billion debt owed to Chinese creditors. The West African country has already defaulted on some of its commercial debt ...

And…That’s How It’s Done in the Congo: Chinese Mining Venture Settles $17 billion Claim With a $500 Million Check

Negotiators for the state-owned China Railway Engineering Corporation (CREC) finalized a deal with the Congolese government to pay for $500 million of new infrastructure this year. While that may sound like a lot of money, it's a lot less than ...

South Africa’s Decrepit Railway Infrastructure is Slowing Iron Ore Shipments to China

More than a million tons of South African iron ore is blocked from leaving the country, mostly bound for China, due to SA's failing railway infrastructure. The local unit of British-South African mining giant Anglo American, Kumba Iron ...

Chinese, International Analysts Differ Markedly on Iranian President Ebrahim Raisi’s Visit to Beijing

Iranian President Ebrahim Raisi's visit to China earlier this month, when he met with his counterpart Xi Jinping, drew a lot of international attention. However, Chinese experts differ sharply from their international counterparts on what was achieved. Commentators in China, not ...

Analysis from Cobus van Staden

Confusing Developments in “Development”

This week I’m in Brussels, where I took part in a workshop on how the EU should shape its development strategy in response to China’s global influence.
I have joked in the past that it feels like I’ve attended this same ‘EU, Africa, and External Development Partners’ conference for ten years straight. 

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