Category: Economy

The $18 billion of Chinese products targeted by the U.S. for increased tariffs will not have a measurable impact on a trade relationship worth more than $600 billion annually. But that's not the case for the Democratic Republic of the Congo, ...

Japan will reportedly provide about $107 million in bilateral loans to Kenya for port, water, and electricity infrastructure, to be implemented from next week. The deal signals a stronger role for Japan as an external partner to the continent amid G7 anxieties about China’s influence.

The International Monetary Fund warned the Maldives against looming "debt distress" Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China. Since winning office last year, President Mohamed Muizzu has reoriented the ...

Thousands of barrels of Nigerien oil should be flowing daily through a new 1,900km pipeline to the Port of Seme in neighboring Benin, from where it would be transported to China. But the pipeline is dry as the two West African ...

China has released draft guidelines aimed at reining in the country's lithium battery industry, which has been in Western crosshairs over fears subsidized overproduction could flood global markets with cut-price exports. Lithium-ion batteries are a form of rechargeable energy storage used ...

China’s economic statecraft across the developing world continues to receive global media attention. From the infamous and largely debunked “debt trap” to China’s future as a development financier, the country’s lending practices have primarily been connected to its record-breaking economic growth in the past.  

Apple CEO Tim Cook's recent visit to Southeast Asia prompted a lot of discussion about the company's drive to diversify its supply chain to reduce its reliance on China.  While Apple is definitely shifting some production capacity to other countries in Asia, ...

Developing countries spent a staggering $294 billion to service their debts in 2022, a figure that's expected to balloon by a third this year, according to the findings of a new report published by the UK NGO ONE Campaign. While China ...

Sri Lanka said Friday it had leased a white elephant international airport built with Chinese loans to a foreign joint venture as the island nation's bankrupt government seeks to offload loss-making assets. The small airport near a wildlife sanctuary on the ...

Nigerian consumer protection authorities shut a Chinese supermarket in the capital, Abuja after a video went viral showing the store refusing entry to local residents. The scandal sparked outrage online and was among the top stories of the week on national ...

Iran sold just $1.2 billion worth of goods to China in the first quarter of the year, according to new China Customs data released this week. That figure, though, is wholly misleading since it does not align with the news that 

Chile's biggest steel plant has resumed activities after the government imposed a temporary tariff on Chinese imports. The Huachipato plant, which provides 2,700 direct jobs and some 20,000 indirect ones, announced a month ago it was winding down, unable to compete ...