Day: July 26, 2023

Related Posts

Decoding Qin Gang’s Demotion: “He’s Either Dying or Under Discipline”

One month after Qin Gang made his last public appearance as foreign minister, China's top legislative body removed him from the post on Tuesday and re-appointed the country's most senior foreign policy official Wang Yi to the position. Despite rampant speculation over ...

Türkiye’s Parliament Rejects Special Committee to Investigate Uyghur Human Rights Ahead of Wang Visit

The Turkish Parliament's Human Rights Committee blocked a plan to create a new sub-committee to investigate allegations of human rights violations of China's minority Uyghur population in Xinjiang. Instead, lawmakers opted to assign the issue to an existing sub-committee focused on ...

Kenya’s Debt-Servicing Costs Edge Higher Amid Street Protests and Heightened Uncertainty

Kenya spent 59% of all the money it collects in taxes to service the country's ballooning debt, a slight increase from the previous fiscal year. The news adds further pressure on President William Ruto, who slashed subsidies and increased taxes in ...

Corruption and Mismanagement at the Root of Kenya’s Debt Crisis, Not Chinese Loans, Say Policymakers

Critics of Chinese lending practices in developing countries often point to Kenya's Standard Gauge Railway (SGR) as the prime example of Beijing's aggressive tactics that underlie the "debt trap" accusation. But in Kenya, they're telling a very different story about how ...

Heard About Those Escrow Accounts Used to Secure Chinese Loans in Africa? Here’s What They Look Like in Action

There's been a lot of discussion in recent years about how Chinese lenders required high-risk borrowers in Africa and other developing countries to put large pools of money in offshore escrow accounts as a kind of insurance measure that guaranteed the creditor would be repaid. ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...