Chinese Auto Exports Surge as PRC Brands Gain Traction in Global South

Chinese auto exports around the world jumped 70% in the first quarter of the year compared to the same period last year, according to new customs data. And it appears that Chinese auto manufacturers are earning more from each ...

China: Africa’s Debt Problems Due to “Dollar Hegemony”

The Chinese Ministry of Foreign Affairs introduced a new talking point aimed at countering accusations by U.S. legislators and other stakeholders that Beijing engages in predatory lending in Africa. For the first time on Friday, the Ministry referenced "dollar hegemony" ...

BYD Chairman Discuss Manuacturing, Sales Expansion With Vietnam’s Deputy Prime Minister

The chairman of the world's largest electric vehicle company, China's BYD, met with Vietnam's Deputy Prime Minister Trần Hồng Hà in Hanoi late last week to discuss the company's plans to expand in the Southeast Asian country. BYD announced plans to build ...

Connecting the Dots: China’s Hebei Province and Africa

Beyond the central government and the Chinese Communist Party, China's engagement with African countries is increasingly being driven by its provinces. Hebei, the crescent-shaped province circling Beijing, is a key example. We tracked how Hebei is boosting China's presence in Africa across three different sectors:

Chinese Companies Also Want to Limit Their Exposure to China Risk

Western companies like Apple aren’t alone in trying to limit their exposure to China. Chinese companies are increasingly eyeing overseas expansion too. While some of these moves are due to cost factors like lower salaries in countries like Bangladesh, increased geopolitical tensions are playing a growing role.

Unpacking the CMOC Deal: What Do We Know So Far?

The newly-announced deal between the Chinese mining giant CMOC and the DRC’s state mining company Gécamines is raising many questions. We asked our Francophone editor Christian-Géraud Neema, who is also an expert on DRC mining, to clue us in: WHAT DO ...

China’s Newest Talking Point on Debt: The U.S. Dollar is to Blame

As China faces increasing criticism around perceptions that it is holding up debt relief processes, its state media seems to be trying out new talking points in its messaging on the issue to Global South audiences, as seen in a recent article in the state-owned tabloid Global Times: ...

Backgrounder: China-Australia Iron Ore Fight

The Australian-based company Sundance Resources is suing the China-linked Australia-based AustSino for malpractice and corruption over the Mbalam-Nabeba iron project on the border of Cameroon and the Republic of Congo. The court case has led to eye-popping allegations, including that the dispute ...

Brazil’s President Lula Kicks Off Official Visit in Shanghai

Brazil’s President Luiz Inácio Lula da Silva arrived in Shanghai on his way to a meeting with Chinese President Xi Jinping in Beijing later this week. His time in Shanghai will include attending the inauguration of former Brazilian president and Lula ally Dilma ...

Getting Currency Swaps Right: How China is Filling the Void Left by the West

By Kevin Gallagher, Marina Zucker-Marques and Barbara Fritz A recent World Bank paper­ – widely echoed by financial outlets – has raised concerns about a supposed Chinese “emerging system of cross-border bailouts”, composed mostly of currency swap agreements. To the authors, Chinese swaps are opaque and costly, ...

How Does Africa Get the Tech It Needs?

As geopolitical tensions rise, external partners want a say in African development choices. This is particularly true for digital expansion, where Global South countries are frequently framed as battlegrounds between Chinese companies like Huawei and Western competitors. However, African policymakers are gaining ...

China is Increasingly Determined to “De-Dollarize” Its International Trade

When Prime Minister Anwar Ibrahim went to Malaysia's parliament this week to brief lawmakers on his recent trip to China, he emphasized his discussions with President Xi Jinping about transitioning away from relying solely on the U.S. dollar for trade. “There ...
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