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As Azerbaijan accelerates its transition toward renewable energy, Beijing’s clean energy ambitions are finding fertile ground. The country aims to nearly double its installed power generation capacity by 2030—targeting 6.5 GW of combined solar, wind, and hydropower—with renewables expected to make up at least 30 percent of ...

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When Ideology Meets Inflation, Argentina’s Milei Turns to China

The cry “Cambio! Cambio! Cambio!”  rings out along Calle Florida, the bustling commercial artery of Buenos Aires. Dozens of unofficial money changers—many of them migrants from Chile, Venezuela, and Bolivia—line the street, calling out to passersby. They offer mercado azul, or the “blue market” exchange rates, trading ...
When Ideology Meets Inflation, Argentina’s Milei Turns to China
President of Argentina Javier Milei greets Chinese Vice President Han Zheng at the inauguration ceremony for U.S. President Donald Trump on January 20, 2025. (Photo by Chip Somodevilla / POOL / AFP)
The cry “Cambio! Cambio! Cambio!”  rings out along Calle Florida, the bustling commercial artery of Buenos Aires. Dozens of unofficial money changers—many of them migrants from Chile, Venezuela, and Bolivia—line the street, calling out to passersby. They offer mercado azul, or the “blue market” exchange rates, trading euros, dollars, and Brazilian ...

New Chinese Development Funding for Southern Africa

The Development Bank of Southern Africa (DBSA) signed a $293 million loan facility agreement with China Development Bank. The funding will support energy, infrastructure, water, health, and manufacturing projects on the continent. The agreement was signed on the sidelines of the BRICS summit in Brazil earlier this ...

Chinese Premier’s Visit Signals Deepening Relationship with Egypt

Chinese Premier Li Qiang arrived in Egypt on Wednesday for a two-day state visit, the newest sign of the deepening relationship between the two countries. Li was received by Egypt’s Prime Minister Mostafa Madbouly, and in an address shortly after ...

Trump Courts West Africa to Challenge China’s Critical Minerals Dominance

By Frankie Taggart with Becca Milfeld and Lucie Peytermann in Dakar U.S. President Donald Trump hailed West Africa's rich natural resources as he hosted five of its leaders Wednesday for a White House summit aimed at fostering trade to counter the ...