Category: Diplomacy
China Sticking to Its Position That Multilateral Banks and Bondholders Must Also Take Losses on Sri Lankan Debt
The Chinese government re-stated on Wednesday that it will not move forward with the Sri Lankan debt restructuring process unless both commercial creditors and multilateral development banks also agree to accept losses on their loans. Ministry officials told Reuters that Spokesperson ...
Malpass Resignation Could Spark New Battle Between U.S. and China Over His Replacement
World Bank President David Malpass said that he will step down in June, a year before his five-year term expires. Malpass did not provide a reason for his early resignation but speculation in U.S. media is that it's due to his controversial stance on climate change.
China Accuses Philippines of Lying About Laser Strike Against Coast Guard Ship in South China Sea
The feud between the Chinese and Philippine governments over a naval incident in the South China Sea earlier this month intensified when Beijing accused Manila of not telling the truth about what happened. Chinese Foreign Ministry Spokesperson Wang Wenbin did acknowledge on Wednesday ...
Wang Yi Makes Unannounced Visit to Uzbekistan on His Way to Europe
China's top foreign policy official, Wang Yi, made an unannounced stopover in the Uzbek capital of Tashkent to meet with acting foreign minister Bakhtiyor Saidov. After the meeting, Wang then traveled to Paris, where he met with French President Emmanuel Macron as part ...
China, Latin America, and the Rise of a New Non-Aligned Movement
During the first Cold War, a large group of developing countries sought to distance themselves from the ideological battle between the United States and the Soviet Union to create a Non-Aligned Movement. Today, three decades ...
Xi Reassures Raisi Everything is OK Between China and Iran
Iranian President Ebrahim Raisi is undoubtedly relieved that his meeting on Tuesday with his Chinese counterpart Xi Jinping went smoothly and (at least on the surface) Tehran's ties with Beijing seem back on track. Over the past year, there's been mounting concern in ...
Iran Leans Into Ties With China to Ease the Sanctions Burden From the U.S., Say Scholars
Iran's shift away from engagement with the U.S. and Europe and towards China is the key theme of this week's visit to Beijing by President Ebrahim Raisi, according to two of China's leading Mideast scholars. Professor Ding Long from Shanghai International ...
India Adds to Mounting Pressure on China to Resolve Debt Relief Impasse With IMF, World Bank
The Indian government called on China to stop blocking the debt restructuring process for the world's poorest countries, adding to the pressure on Beijing ahead of a critical meeting with the World Bank and the International Monetary Fund on Friday. Amitabh ...
Philippines Summons Chinese Ambassador Over Laser Incident at Sea
Philippine President Ferdinand Marcos summoned China's ambassador to express his "serious concern" over Monday's alleged use of a military grade laser by a Chinese Coast Guard vessel against nearby Philippines ships in the South China Sea. In Washington, U.S. State Department ...
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 ...



