Day: November 25, 2023
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WEEK IN REVIEW: Zambia Debt | Lula’s China Diss | China-Africa Journalism
Zambia suffered a major setback this week in its nearly three-year odyssey to restructure $32 billion of debt when the country's bilateral creditors led by China and France pushed back against bondholders. Plus, Brazilian President Luiz Inácio Lula da Silva issued ...
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Philippines Digs in Heels in South China Sea While Also Cautioning Restraint
The Philippines appears to be employing a strategy of resolve and restraint in the South China Sea amid some of the most dangerous confrontations with China in recent memory. Manila said it will continue to re-supply a ship it grounded in the ...
The South China Sea Crisis is Fast Approaching a Dangerous Tipping Point
The reactions to Sunday's at-sea collisions between Chinese and Philippines maritime forces reveal a very worrisome trend in what's fast becoming one of the world's most dangerous flashpoints. While the incidents were both minor, more like gentle bumps than violent collisions, ...
EU’s Global Gateway Forum Aims to Take On China’s Belt and Road
Wednesday and Thursday will see leaders from twenty countries gathering in Brussels for the Global Gateway Forum, the newest step in the EU’s global infrastructure scheme. The forum comes a week after China’s Belt and Road Forum, which gathered representatives from about 130 countries. ...
IMF Warns China’s Slowdown Could Hit Africa, Debunks Debt Trap Myth
The International Monetary Fund released a set of reports on Africa’s economic outlook and China’s shifting role on the continent. Overall, African economies are slowly rebounding after the double shocks of the pandemic and the Ukraine crisis. However, the IMF warns this recovery is endangered by constrained lending ...
Nicholas Burns. Image - Harvard University
Former U.S. ambassador to China, Nicholas Burns, on Saturday delivered the opening address at the Harvard College China Forum, where he presented the case for deeper engagement between the two major powers. The speech would have been great if it were 2015. ...
WEEK IN REVIEW: Zambia Debt | Lula’s China Diss | China-Africa Journalism
Zambia suffered a major setback this week in its nearly three-year odyssey to restructure $32 billion of debt when the country's bilateral creditors led by China and France pushed back against bondholders. Plus, Brazilian President Luiz Inácio Lula da Silva issued ...