Day: April 3, 2024

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Biden, Xi Address South China Sea Tensions During ‘Candid’ Phone Call

U.S. President Joe Biden spoke by phone for almost two hours with his Chinese counterpart, Xi Jinping, on Tuesday. The conversation covered all the current hot spots in the increasingly acrimonious relationship between the two countries. While bilateral issues dominated the discussion, ...

Survey: China Passes the U.S. for the First Time as the Preferred Partner of Choice in Southeast Asia

For the first time, more people in Southeast Asia prefer that their countries align with China over the U.S., according to findings of an influential new survey published by ISEAS-Yusof Ishak Institute in Singapore. China's favorability rating in the region jumped more ...

Second Chinese National Killed in the DR Congo This Week

A Chinese national was killed and another injured when their gold mining camp in northwestern Ituri province came under attack on Monday by armed bandits. Local police said the assailants made off with "a little money and a few grams of ...

The Good News, Bad News About Uganda’s Trade With China

Chinese trade with Uganda has more than doubled over the past ten years from $600 million to $1.3 billion, according to Zhang Lizhong, China's ambassador to the East African country. While that is undoubtedly encouraging, the figures conceal a much deeper ...

SPECIAL REPORT: How Indonesia’s Soaring Iron Exports to China Creates Higher Tsunami Risks, Threatens Food Security In Local Village

In a small village on Indonesia’s Sumatra island that stares at the vastness of the Indian Ocean, tsunamis may come at any given moment. The village’s beautiful coastlines, rich with nature reserves of mangroves and corals, guard it against the disaster. But now, residents worry the coastlines ...

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 ...