Day: February 9, 2025
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Chinese Companies Are Changing the Way They Operate in Africa
By Elisa Gambino and Costanza Franceschini For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost $50 billion to African transport ...
File image of Egyptian and Chinese construction workers on site at the ongoing works at the "business and finance district" of Egypt's "New Administrative Capital" megaproject, some 45km east of Cairo.
Khaled DESOUKI / AFP
By Elisa Gambino and Costanza Franceschini For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost $50 billion to African transport projects. Most came from ...
Canada Close to Visiting Forces Deal With Philippines
Canada and the Philippines are in the final stages of negotiating a pact to allow them to deploy troops on each other's soil, the Canadian envoy to Manila said Sunday. Manila already has similar visiting forces agreements with the United States ...
China and Brunei Pledge to Collaborate on Oil and Gas in Disputed South China Sea Waters
China and Brunei are taking a step toward working together on oil and gas exploration in the South China Sea, a development that has drawn attention though some experts suggest it may be more symbolic than substantive. In a ...