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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, ...

What U.S. Policymakers Should Know About Chinese Basing Ambitions in Africa

U.S. military commanders regularly raise concerns about a possible second Chinese military base in Sub-Saharan Africa. However, despite rumors about possible footholds in countries like Equatorial Guinea, China’s strategic interest in Africa is relatively low, especially when compared with regions like Southeast Asia and the Middle East.

“We’re Not Competing With China” in Africa Says Linda Thomas-Greenfield

The United States’s people-to-people ties in Africa make it impervious to Chinese competition, said U.S. ambassador to the United Nations, Linda Thomas-Greenfield, in an interview with CNN. It's interesting to compare it with remarks by her colleague Jose W. Fernandez, the Under-Secretary for Economic ...

China Leverages African Media Outlets to Hit Back on Debt

Emerging Chinese government messaging on debt is now showing up in African publications via state-owned media outlets like Xinhua. This comes as Beijing is increasingly focusing on the role of Western lenders in Global South debt distress.   WHY IS THIS IMPORTANT? China ...

New Copper/Cobalt Trade Corridors Take Shape to Serve as Alternative to South Africa

Zambia, the Democratic Republic of Congo, and Angola will set up an agency to manage a logistics corridor linking them to Angola’s Lobito port. The move comes as South Africa's Durban port has faced repeated delays. A concession to manage the corridor was recently ...

Hunan Province Launches New China-Africa Digital Services Hub

China’s Hunan province has set up a digital logistics hub supporting Chinese companies’ trade with Africa. It’s focused on cross-border communications support and data-sharing between Chinese companies working in Africa.  WHY IS THIS IMPORTANT? Hunan is now a key player in China’s agricultural trade with ...

China-IMF Spat Over Debt Relief Intensifies Following Fund Chief’s Call for Beijing to Change Its Ways

The war of words between China and Western-led multilateral institutions about developing country debt is escalating. China’s party-owned tabloid Global Times has reacted to a recent CBS 60 Minutes interview with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, in which she said: "China has to change its policies ...

China Confirms It Has a Balloon Floating Somewhere Over Latin America

China’s Foreign Ministry has confirmed Pentagon allegations that a second Chinese surveillance balloon is floating over Central and South America. Foreign Ministry Spokesperson Mao Ning said the balloon is non-military and used for flight tests. She said it has limited self-steering capacity and was blown off course, entering South American airspace “by ...

China Updates 2022 Africa Trade Figures

Chinese customs authorities are slowly releasing new trade data for individual African countries following its January announcement that trade with the continent rose by 14.5% to $276.8 billion. Country data is similarly higher than in 2021. China's Trade with Key African Countries: ...
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