Category: Economy

Zambian President Haikinde Hichilema returned home this weekend from a week-long trip to China that appeared to be as much about sightseeing as it was about conducting substantive diplomacy. During the last stop of his tour in Beijing on Friday, Hichilema met ...

Debt servicing costs have been steadily rising across Africa, largely due to the falling value of local currencies that are used to repay dollar-denominated loans. But in Angola and Uganda, interest payments to Chinese creditors have jumped considerably in recent months ...

Chinese creditors account for just 4.1%, or $4.7 billion, of Nigeria's $114 billion total public debt, according to the latest figures released by the Debt Management Office in Abuja. While China's share is significantly larger than other bilateral creditors, France is ...

The Chinese Foreign Ministry was among the first major governments this week to welcome the African Union as the newest member of the G20. The big question now is what will the AU do now that it has a seat at ...

Chinese President Xi Jinping will not attend this week's G77 Summit in Havana, making this the third major international event in as many weeks that he's avoided. Li Xi, head of the Chinese Communist Party's powerful anti-corruption body, will go in his place as part of a three-nation ...

Indonesian police arrested 43 people during large-scale protests against a Chinese-led glass and solar panel factory. The factory that’s being planned for Rempang, a small island close to the border with Singapore, would displace thousands of local residents. About 1,000 demonstrators took ...

Saudi Arabia is preparing to increase oil shipments to China in 2024 to meet growing demand from a crop of new refineries that will come online next year, according to S&P Global Commodity Insights. While Russian sales are expected to remain strong ...

Zambian President Haikinde Hichilema is spending much of this week visiting Chinese business hubs in Shenzhen and Shanghai, but the real focus of this trip will be dealt with later in Beijing, where he will tackle the sensitive issue of debt. ...

A raft of deals announced during the weekend as part of the elevation of U.S.-Vietnam ties to a Comprehensive Strategic Partnership will take on Chinese influence in core areas, including technology and infrastructure. During his press conference in Hanoi, U.S. President ...

China's Belt and Road Initiative marked its 10th anniversary this month, prompting a lot of discussion about what's next for Beijing's controversial development agenda. While BRI spending in Africa and the Americas has plummeted in recent years that is not the ...

Hundreds of Vietnamese trucks carrying fresh fruit are backing up at Chinese border crossings due to newly introduced inspection requirements. The timing of these new inspections is prompting speculation that it could be a form of retaliation against Vietnam for upgrading ...

Zambian President Haikinde Hichilema landed in the southern Chinese megacity of Shenzhen on Sunday to kick off a six-day visit to China that will include highly-anticipated talks with his Chinese counterpart Xi Jinping to finalize the details of a debt restructuring deal signed last June.