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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 ...

Weighing the Value of “Values”

I was in Berlin this week for a conference on the EU’s relationship with Africa in the context of the continent’s growing ties with external actors, many of whom Europe finds acutely worrying. The conference eerily landed on the second anniversary ...

Eye-Rolling Through the Apocalypse

November’s COP30 gathering in Belém, Brazil, marks three decades since COP1 in Berlin in 1995, and raises a sobering reminder of how deep we’ve sunk into a climate morass of our own making amid non-stop warnings. The evacuation of millions of people and the deaths ...

Revealing Reactions to China’s Festival of Optics

In terms of geopolitical optics, this week was nothing short of a banquet. It served up at least two sets of images that seem to crystallize our historical moment and that will live on in the Wikipedia of history as shorthand for where the world was in ...

Plugging into African Agency

After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big ...

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 ...

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 ...

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from ...

Looking Beyond Mining in the Africa-China Relationship

Last week’s China-Africa Economic and Trade Expo (CAETE) in Changsha, Hunan province drew very little press attention, but it gave a glimpse of the growing centrality of agricultural trade to the Africa-China relationship. The event delivered 176 new project deals worth $11.39 billion. The number ...

China Floats Ideas for “Multipolar” Currency System to Balance U.S. Dollar

China announced several new initiatives aimed at increasing global trade in the yuan and to hedge against the dominance of the U.S. dollar. Pan Gongsheng, the governor of the People’s Bank of China, proposed a future where the global financial system would rely on several currencies.

Africa May Have to Give Up on the United States

It was during the recent meeting between U.S. President Donald Trump and South African President Cyril Ramaphosa — just as the lights dimmed, Trump cued up a video presentation, and the whole encounter veered into political theater — when the question hit me: what is this all ...

Unpacking China’s Offer to Southeast Asia and the Middle East

This week’s landmark meeting between China, the Association of Southeast Asian Nations (ASEAN), and the Gulf Cooperation Council (GCC) is arguably one of the most notable international responses to the Trump administration’s attempts to remake the global trading system we’ve seen so far.

How Does the Pause in the U.S.-China Trade War Affect the Global South?

Stock markets soared this week following the announcement of a 90-day lowering of tariffs between the United States and China. Amid the momentary euphoria, many are trying to map the trade landscape emerging from the agreement. As Zongyuan Zoe Liu ...
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