Category: Development

China's BYD 2026 target aims to sell 1.5 million to 1.6 million vehicles outside China in 2026. The number is up from a projected 900,000 to 1 million in 2025, Citi said Tuesday after meetings with company management. Citi ...

By Bianca Pasquier On October 31, 2025, China abstained from the United Nations Security Council vote endorsing Morocco’s “Western Sahara Autonomy Proposal” for resolving the conflict between Rabat and the Polisario Front. Two days prior, Chinese Foreign Minister Wang Yi reportedly ...

The government of New Zealand announced it would extend a halt of aid payments to the Cook Islands in reaction to a partnership agreement signed with China earlier this year. This marks the failure of ongoing talks between the two sides. ...

As China’s economic influence expands, so does its ambition to shape the very system that once constrained it. In this episode of The China-Global South Podcast, Eric speaks with Greg Chin and Kevin Gallagher from Boston University’s Global Development Policy Center about 

Indonesia’s Jakarta–Bandung high-speed rail “Whoosh” carried 5.1 million passengers in January–October 2025, 6.3% more than a year earlier. The record lifts total ridership to more than 12.2 million since it opened on Oct. 17, 2023, the operator PT Kereta Cepat Indonesia China (KCIC) said.

China said it is ready to help keep Indonesia’s Jakarta–Bandung high-speed line running smoothly as Jakarta opens talks to restructure project loans. In Beijing on Monday, Foreign Ministry spokesperson Guo Jiakun emphasize that when evaluating high-speed rail projects, Indonesia and China ...

Senior members of the Chinese Communist Party (CPC) are gathering this week in Beijing for their annual plenum where they are going to put the finishing touches on the country's next year five year plan (FYP). This will be the 15th ...

By Gregory T. Chin and Kevin P. Gallagher The global economic order is undergoing significant change, especially as it pertains to the Global South. In the 20th century, the legacy Bretton Woods Institutions (BWIs) served as one of the only sources ...

The IMF and World Bank's semi-annual gathering of finance ministers and central bank governors got underway in Washington on Monday, against the backdrop of new trade threats between the world's two largest economies. Last week, China unveiled new export restrictions on ...

Indonesia and China are negotiating with China’s economic planner, the NDRC, to address a funding shortfall for the Jakarta–Bandung high-speed rail project, known as "Whoosh." The gap emerged after costs rose by about $1.2 billion, while ticket sales fell short of loan payments.

Kenya and China have reached a groundbreaking agreement to restructure $3.5 billion in railway loans, converting them from U.S. dollars into Chinese yuan. The move could save Kenya $215 million in debt servicing costs and marks the first time an African ...

Indonesia's Investment Minister Rosan Roeslani confirmed on Wednesday that talks are underway with Chinese creditors to restructure the $7.3 billion of debt owed by the Sino-Indonesian joint venture that operates the Whoosh high-speed railway. Although the train has been popular with travelers,