Day: January 30, 2024

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Iran Denies China Pressured Tehran to Curtail Red Sea Houthi Attacks

The Iranian Foreign Ministry refuted reports that China had called on Tehran to pressure Houthi militants in Yemen to halt attacks on cargo ships transiting through the Red Sea. Spokesman Nasser Kanaani told reporters on Monday that a Reuters report published last ...

Why China is Anxious About the Philippine President’s Visit to Vietnam

Philippines President Ferdinand Marcos, Jr. began a two-day state visit to Vietnam on Tuesday that will include discussions with his counterpart Võ Văn Thưởng and Prime Minister Phạm Minh Chính. Food and maritime issues are expected to top the agenda. Vietnam is one of ...

Infrastructure, Tourism Top Wang Yi’s Agenda During Two Days of Talks With Thai Leaders

Chinese Foreign Minister Wang Yi concluded a two-day visit to Thailand on Monday that included talks with his counterpart Parnpree Bahiddha-Nukara and Prime Minister Srettha Thavisin. Wang's visit to Bangkok came at a time of heightened tensions in Southeast Asia amid a worsening ...

DRC Ex-Prez Gets PhD Focusing on China

A PhD dissertation by Joseph Kabila, the former president of the Democratic Republic of the Congo, has been approved by South Africa’s University of Johannesburg. Kabila was a key architect of the controversial Sicomines deal. His dissertation title is "Geopolitical Turn: USA-China-Russia Rivalry and Implications for ...

Details Of Revamped China-Congo Mining Deal Emerge

Democratic Republic of Congo President Felix Tshisekedi surprised many late last week with an announcement that the controversial Sicomines deal has been successfully renegotiated. Tshisekedi had made reworking the controversial resource-for-infrastructure deal with a Chinese consortium that included firms like Sinohydro and ...

Analysis from Cobus van Staden

How to Lure Chinese Financing Back to the Global South: Report

Global South countries face increasing financing pressure, endangering their ability to keep developing while also implementing measures to deal with a growing climate crisis. The disruption of global trade is coupled with a larger megatrend: flows of international capital to the developing world have turned negative. This means that countries are now routinely paying more to service loans than they receive in disbursements.

The vast majority of Global South borrowers ...

Pass the Dictionary: Understanding the Various Forms of China’s Economic Engagement

By Lucas Engel and Oyintarelado Moses  The debt challenges among China’s borrowers, as well as China’s shifting approach to lending and investment abroad, are feeding an appetite for data on Chinese financial flows.  However, without a ...

China’s New Investment Priorities in Latin America and the Caribbean

For much of the past year, there's been a lot of talk about China's new leaner, more focused Belt and Road Initiative that goes by the mantra "Smart and Beautiful." The problem is very few people actually know what it looks ...