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The G7’s New Infrastructure Initiative Could Strengthen China’s Global South Game: Experts

The G7’s new Partnership for Global Infrastructure Investment (PGII), a $600 billion plan to build infrastructure across the Global South and counter China’s Belt and Road Initiative (BRI), could have the effect of improving how Chinese companies do business and could end up improving the BRI itself, ...

China’s Overseas Fishing Fleet and the Global South

by Chris Alden and Sérgio Chichava While much of the Western attention is focused on the grey zone activities pursued by Chinese fishing fleets and their purported role in the strategic expansion of China’s interests in the South China Sea, less ...

Analysis from Cobus van Staden

The G7’s New Infrastructure Initiative Could Strengthen China’s Global South Game: Experts

The G7’s new Partnership for Global Infrastructure Investment (PGII), a $600 billion plan to build infrastructure across the Global South and counter China’s Belt and Road Initiative (BRI), could have the effect of improving how Chinese companies do business and could end up improving the BRI itself, according to development experts. 

Some acknowledged that the BRI has been controversial for its environmental and debt impacts. But they also pointed out ...

Fears of Chinese Predatory Lending in Central Asia

The Chairman of Kyrgyzstan's Council of Ministers, Akylbek Zhaparov, repeated debunked accusations on Wednesday that China seized strategic assets in both Pakistan and Sri Lanka when they couldn't afford to repay their debts. He warned that the same could happen in his Central Asian country ...

How Will the G7’s PGII Differ from China’s BRI? An Expert Weighs In

Responses to the G7’s Partnership for Global Infrastructure Investment (PGII) have run the gamut from enthusiastic approval to strident condemnation. However, many have also raised questions about how the initiative will actually work.  While the PGII is currently presented as an ...

World Bank: Don’t Blame the Pandemic For the Global South Debt Crisis

Two leading World Bank economists issued a stinging rebuke against policymakers in developing countries who have blamed the worsening debt crisis on the pandemic.  "The seeds were sown long before COVID-19," wrote Marcello Estevão and Sebastian Essl in a ...

PGII Will Channel a Lot of Private Capital to Developing Countries But What About the Debt?

Even as the G7 was unveiling its new Partnership for Global Infrastructure Investment (PGII), protesters in the Alpine town hosting the summit were calling for more action on infrastructure-related debt. This debate has recently centered around the impact of Chinese debt, particularly as part of ...

Prominent China Scholar Maps a Way Out For Beijing’s Global South Debt Crisis

With the global economy steadily sliding towards recession, a growing number of Chinese bankers are no doubt becoming increasingly nervous about whether they'll ever see again the tens of billions of dollars they lent to developing countries over the past two decades. ...

Lights On: Prospects for Renewable Energy in Southern Africa Amid Pandemic and Debt Distress

By Cecilia Springer and Magalie Masamba A November 2020 report found the Southern African Development Community (SADC) region could achieve full energy access and 53% renewable energy (RE) installed capacity by 2040 with an investment of nearly $53 billion.

China, Iran Aim to Boost Trade Through New Railway

A new railway cargo line connecting the southwestern Chinese province of Ningxia with the northern Iranian port city of Anzali is now operational.  The new 8,500-kilometer route is supposedly twice as fast as other overland transport routes and even speedier than an earlier rail link. ...

WEEK IN REVIEW: The United States To Re-launch B3W at Next Week’s G7 Conference

The United States will re-launch the Build Back Better World (B3W) initiative at next week's G7 conference with a new program that aims to provide an alternative to Chinese infrastructure financing in the Global South. National Security Advisor Jake Sullivan did not provide many details on the new ...

Corruption Documentary Rocks China-Guyana Relations

Guyana’s ruling party faces controversy following a documentary by the U.S. media outlet VICE alleging that Vice President Bharrat Jagdeo took bribes from a Chinese businessman. President Irfaan Ali rejected calls by opposition parties in the South American country calling for Jagdeo’s ...

Life at the Heart of Africa-China Trade 

COVID and government crackdowns have hollowed out Guangzhou’s once-thriving African community. While many of these traders have left China, some are relocating to Yiwu. The city, in Zhejiang province, is one of the world’s largest centers for the trade in consumer goods. 
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