Day: September 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.
Related Posts
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 ...
Graph via Foreign Affairs, based on Arab Barometer data
Worry about the Trump administration’s decision-making is leading the public around the world to see China as an increasingly attractive counter-option. This is the main takeaway from three large public opinion polls released recently. The annual Gallup poll of 130 countries is the largest of ...
Renewed Momentum in Turkey-China Relations
By Buğra Süsler At the start of 2023, the Turkish government expressed an exceptionally open public criticism of China concerning the rights of the Uyghur Muslim community in China’s Xinjiang region. Notably, in his end-of-year press conference ...
Q&A: Financing a Renewables Shift in African Countries as China’s New “Small or Beautiful” Model Takes Root
If you look at the specific demands of many African countries, they are now more focused on production-related activities rather than fancy highways that lead to nowhere.
WEEK IN REVIEW: Chinese President Xi Jinping Will Not Attend This Week’s G77 Summit in Havana
Chinese President Xi Jinping will not attend this week's G77 Summit in Havana, making this the third major international event in as many weeks that he's avoided. Li Xi, head of the Chinese Communist Party's powerful anti-corruption body, will go in his place as part of a three-nation ...