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U.S. Counts on Tech Firms Like Nvidia and Apple to Improve Its Standing in Vietnam

The United States is laggard when it comes to foreign investment in Vietnam, not even among the top ten and far behind countries like South Korea, Japan and China. But that may soon change as more U.S. tech companies like Nvidia ...

Xi Lands in Vietnam, Hanoi Expected to Join to China’s Common Destiny Agenda

Chinese President Xi Jinping landed in the Vietnamese capital Hanoi on Tuesday to begin a high-profile two-day visit that is laced with geopolitical symbolism. Xi was greeted at the airport by Prime Minister Phạm Minh Chính who accompanied the president across town to ...

Diplomatic Jousting Escalates After Dangerous China-Philippines Quarrels in South China Sea

China and the Philippines are amplifying their criticism of each other after a weekend of dangerous run-ins in the South China Sea. Incidents on Saturday and Sunday were among the most confrontational in what has been a busy year of encounters ...

China Hosts Saudi Investment Event as Oil Buys Slump

China is hosting an investment conference focusing on Saudi Arabia on Tuesday. The event will coincide with a visit to Beijing by Saudi Arabia’s Investment Minister Khalid Al-Falih. The event will focus on enhancing cooperation in fields like clean energy, finance, and ...

Examining New Data on Chinese Foreign Direct Investment across the Wider Mediterranean Region

Chinese foreign direct investment (FDI) in the Mediterranean region grew by 5% in 2022 but differed by region. While the Middle East accounted for the bulk of the increase, southern Europe and North Africa suffered investment slumps. This is the key ...

Analysis from Cobus van Staden

BRICS Announces Numerous New Initiatives

The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...

Ethiopia To Default on Bond Payment

Ethiopia is set to join Zambia, Sri Lanka, and Ghana on the debt chopping block following the announcement that it can’t pay a $33 million bond coupon due on Monday. The country will officially be in default once a 14-day grace period elapses. ...

Who Will Come to the Rescue? The Inadequacies of the Global Financial Safety Net and Its Impact on Developing Countries

By Marina Zucker-Marques and William N. Kring In an era marked by ‘higher-for-longer’ interest rates and restricted access to international financial markets, access to emergency liquidity financing is essential for emerging markets and developing economies (EMDEs) to weather economic ...

China @ COP28: Victim or Villain?

This year's COP28 gathering is wrapping up in Dubai and it turned out to be the most controversial climate conference in years where China was at the center of many of the most contentious discussions on how to mitigate the impact ...