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Chinese Fleet Arrives in South Africa for Controversial Joint Exercises With Russia

The 42nd Chinese naval escort fleet that includes the guided-missile destroyer Huainan and the missile frigate Rizhao arrived on Sunday in South Africa's Port of Richards Bay to participate in this week's controversial joint naval exercises with Russia. The drills, known ...

Chinese Weapons Manufacturers Take Part in UAE Arms Show

Nine Chinese arms manufacturers are taking part in the 16th International Defense Exhibition and Conference, a military technology expo in the United Arab Emirates, the first time since China’s COVID-related shutdowns. Chinese companies are showing 500 different products. They range from ...

Why China Must Partner With Global South Countries to Build a “New International System”

China should respond to pressures from the United States and its allies by building a new global system based on coalitions with Global South countries. So argues Yang Ping, the publisher and editor-in-chief of the influential magazine Beijing Cultural Review. An edited translation of ...

China’s Debt Fight Has High Stakes

We’ve covered Chinese lending to the Global South through the boom days of the BRI and the current debt busts cratering Zambia, Sri Lanka and other economies. One of the things we’ve learned is that China plays a weird dual role in the global development finance landscape. ...

Iranian President Embarks on Critical Visit to China

Iran’s President Ebrahim Raisi is visiting China for his first state visit and the first by an Iranian president in two decades. Raisi is traveling with a large entourage, including Iran’s central bank chief and its top nuclear negotiator.

Background: Why China-Iran Relations Are a Lot More Complicated Than They Appear

Bill Figueroa is a research associate at the University of Cambridge Centre for Geopolitics and is widely regarded as one of the world's foremost experts on China-Iran relations. The analysis below is copied from a 12-part thread that he published on Twitter and has been lightly edited for ...

FT Reporting Error Sparks Widespread Confusion Over Zambia’s Views on China’s Role in Debt Restructuring Process

Botched reporting in a Financial Times article on Zambian debt made clear how nervous China’s push for the World Bank and other multilateral financers to accept losses as part of debt restructuring is making international stakeholders. In its corrected form, the report quotes ...

FT Report Provokes Strong Response From U.S., UK Analysts Over China’s Duel With Multilateral Development Banks

FT’s claim (subsequently walked back) that the Zambian Finance Minister rejected China’s call to include the World Bank and other multilateral lenders in debt restructuring triggered responses from prominent commentators across Twitter. The reactions give an interesting glimpse into the complications raised ...

China’s Current Challenge of the Bretton Woods Institutions Has Been Years in the Making

China’s dispute with the Bretton Woods institutions dates back to at least the Obama era. The U.S. Congress refused to ratify a 2010 plan to recapitalize the IMF, which would have given large emerging economies enhanced voting rights because it could have affected the U.S.’s veto vote.

Lekki Port Points to New Chinese Infrastructure Model in Africa

As China struggles with the fallout from infrastructure lending, it’s also trying out new ways of financing projects. A fascinating new paper by the prominent Africa-China expert Hong Zhang details a shift from a model where Chinese companies facilitate financing but ...

China, Syria Blame U.S. Sanctions on Damascus for Hampering Earthquake Relief

China will send $4.4 million in emergency humanitarian aid to earthquake-hit Syria. The announcement came as China also echoed a call by Damascus for U.S. and European sanctions to be lifted to facilitate the delivery of aid. The death toll in northern ...

Chinese Search and Rescue Teams Now on the Ground in Turkey with Dozens More on the Way

An 82-person Chinese search and rescue team is on the ground in earthquake-hit Türkiye after arriving at Adana airport on Wednesday. The team brought 20 tons of medical supplies, rescue equipment, and four sniffer dogs. The team will coordinate with local authorities, the Chinese embassy, ...
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