Category: Politics
A Congressman’s Seething Resentment of the Chinese and Their Presence in Africa
As he left the House Foreign Affairs subcommittee hearing last Thursday, Tennessee Republican Representative Tim Burchett recorded a short two-minute video on Twitter to reflect on the session and to express his anger towards the Chinese in general and specifically Beijing's presence in Africa.
A China-Africa “Wish List”
With China-U.S. ties rapidly deteriorating, the South China Morning Post's "China Briefing" columnist Wang Xiangwei mused in his latest article on Saturday what Beijing could do to resuscitate its tattered international reputation as it embarks on a new era in its relationship with Washington.
The Country, the People, and the Debt
The news last week that South Africa has received a $4.3 billion loan from the IMF to help tide it over the COVID-19 crisis resulted in a revealing moment online. Rather than celebrating this lifeline to an economy that was already weak before the pandemic, ...
Development Finance Emerges as the Newest Front in China’s Standoff With the U.S.
Chinese President Xi Jinping didn't mention the United States by name when he addressed the opening of the Asian Infrastructure Investment Bank's annual meeting this week, but he didn't really have to in order to get his point across.
Uproar in Nigeria Over Fears that Chinese Loans Are Jeopardizing Sovereignty
A full-blown media and Twitter hysteria erupted on Wednesday in Nigeria over reports that a member of the House of Representatives discovered a clause in a Chinese loan contract that supposedly puts the country's sovereignty at risk in the event of default.
Be Careful, Warned Nigeria’s Transportation Minister, House Probe Threatens Chinese Loans
Nigerian Transportation Minister, Rotimi Amaechi, called on the house of representatives committee on treaties and agreements on Wednesday to suspend their investigation into past Chinese loans until Abuja has secured $500 million for three new loans to fund critical transportation projects.
The New Sino-Australian Simandou Iron Ore Mine in Guinea Emerges as an Important Geopolitical Focal Point
Policymakers in Canberra are no doubt looking up where Guinea is on a map, after learning of potential threats to Australia's $65 billion of iron ore export business to China. Australian ties with China have worsened considerably in ...
Johnathan Fulton Urges Everyone to “Take a Deep Breath” About the China-Iran Deal
Zayed University Assistant Professor Johnathan Fulton is seemingly on a one-man mission to try and get everyone to calm down about news of a huge $400 billion, 25-year China-Iran oil-for-infrastructure deal. The deal has sounded alarms in places like Washington, D.C. ...
Multilateralism With Chinese Characteristics
"Multilateralism" is undeniably Xi Jinping's favorite word these days. If he's scheduled to give an address with even a hint of foreign policy in it, you can put money down that you're going to hear that word or some variant of it. Just this week, in his ...
The Message From the Global Financial System to Africans Seeking Debt Relief Is Clear: You’re on Your Own
Ghana's increasingly outspoken finance minister Ken Ofori-Atta is giving voice to the growing frustration across Africa that calls for urgent debt relief have largely failed. In an interview this week with Bloomberg, Minister Ofori-Atta said the global financial system is failing Africa and places ...
Meaningful Debt Relief Probably Isn’t Going to Happen. We Should All be Worried.
The Financial Times newspaper deserves a lot of credit for calling out the world's wealthiest governments for their glaring hypocrisy on the issue of African debt relief. While treasuries in the U.S., Europe, Japan, and China come up with new creative solutions to insulate their ...
The Idea of “The West”
The current campaign by the U.S. government and its allies against the Chinese technology firm Huawei ends up being quite revealing. Ostensibly, Washington's pressure on its allies to step away from Huawei as a tech partner is all about concrete concerns: security, spying and external actors like ...