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Day: May 18, 2023

Central Asian Leaders Arrive for China Summit That Could Erode Russian Influence

The leaders of Kazakhstan, Uzbekistan, Tajikistan, Kyrgyzstan, and Turkmenistan have arrived in the ancient Silk Road city of Xi’an for one-on-one meetings with Chinese President Xi Jinping ahead of the first in-person China-Central Asia summit on Friday. Xi is reportedly scheduled to deliver ...

Biden’s Canceled Trip Framed as All About China

U.S. President Joe Biden’s decision to cut his Asia-Pacific trip short to deal with debt ceiling negotiations with Republican counterparts is drawing criticism. After attending the G7 summit in Hiroshima, Japan, Biden would have been the first U.S. president to visit Papua New ...

Ghana Gets Debt Breakthrough

The executive board of the International Monetary Fund (IMF) on Wednesday approved a $3 billion debt bailout deal for Ghana. The debt-distressed country will receive an immediate payment of $600 million. The announcement is a win for China, which co-chaired the official creditor ...

Environmentalists: China Should Invest More in Renewable Energy Rather Than the East African Crude Oil Pipeline

Even as Uganda is seeking $1.8 billion for the East African Crude Oil Pipeline (EACOP), some Ugandan environmentalists are expressing displeasure with China’s involvement with the project. Their frustration stems from reports that China will finance the project after ...

Q&A: Chinese-Dominated EV Supply Chains in Southeast Asia Grapple With Abuses

Since the 2010s, China has moved swiftly to secure mineral resources around the world to feed its gigantic electric vehicle (EV) battery manufacturing industry. In the Democratic Republic of the Congo, China was reported to own 15 of the 17 cobalt operations in the country, producing ...

Analysis from Cobus van Staden

Argentina Scores $924 Million in Deals from China

Argentina’s Economy Minister Sergio Massa managed to secure almost a billion dollars‘ worth of investment deals on the first leg of his trip to China.
He is on an economic rescue mission, with talks expected to renew and extend a currency swap agreement in order to infuse much-needed foreign money into the Argentinian economy.

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