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WEEK IN REVIEW: Kremlin Announced Chinese President Xi Jinping Will Visit Moscow

The Kremlin announced Chinese President Xi Jinping will visit Moscow, although the Chinese Foreign Ministry hasn’t confirmed it yet. The visit will partly aim to deny growing distance between the allies on the Ukraine conflict, although it is unlikely to change China’s fundamental position. (SOUTH CHINA MORNING POST) ...

WEEK IN REVIEW: Brazil Warns That Mercosur in Jeopardy if Uruguay Signs a Free Trade Agreement With China

Brazilian Foreign Minister Mauro Vieira warned that the South American Common Market known as Mercosur is in jeopardy if Uruguay signs a free trade agreement with China. Viera told the Folha de Sao Paulo newspaper that if Chinese goods enter the common market via Uruguay, it would "destroy" ...

WEEK IN REVIEW: U.S. Treasury Secretary Janet Yellen on an 11-Day, Three-Nation Tour of Africa

U.S. Treasury Secretary Janet Yellen will leave Tuesday on an 11-day, three-nation tour of Africa that Biden administration officials say is intended to rejuvenate ties on the continent and counter Chinese influence. Yellen will visit South Africa, Senegal, and Zambia, where debt issues are expected to feature prominently on ...

WEEK IN REVIEW: China Pushing for Free Trade Agreement With South America’s Mercosur Bloc

China is pushing for a free trade agreement with South America’s Mercosur bloc or any of its individual members (Brazil, Argentina, Paraguay and Uruguay.) The recent election in Brazil could be a game changer, with rumors that trade talks could be on the agenda of incoming President Lula ...

WEEK IN REVIEW: U.S. Launches New “China House” Initiative to Coordinate Foreign Policy Towards Beijing

The U.S. government drew on its Cold War history on Friday with the launch of a new "China House" initiative that aims to coordinate foreign policy towards Beijing. The new office will house an expanded inter-agency team of China experts who will focus on competition with China in ...

Analysis from Cobus van Staden

Top State Department Official Says China’s Debt Relief Offer to Sri Lanka is “Not Enough”

Another senior U.S. diplomat has accused China of not doing enough to resolve Sri Lanka’s debt renegotiation, a sign that the island’s financial crisis is increasingly being framed geopolitically.
U.S. Under Secretary of State for Political Affairs, Victoria Nuland said: “What China has offered so far is not enough. We need to see credible and specific assurances that they will meet the IMF standard of debt relief.”

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WEEK IN REVIEW: More Details About Sri Lanka’s Economic Recovery Program Is Emerging

More details about Sri Lanka’s economic recovery program is emerging as the country struggles to restructure its debt, about a fifth of which is owed to China. The country’s Foreign Minister, Ali Sabry told Reuters his government is expecting as much as $5 billion in loans next year ...

WEEK IN REVIEW: United States to Increase Its Military Force Presence in Northern Australia

The United States announced it will increase its military force presence in northern Australia in response to "China's dangerous and coercive actions" in the Asia-Pacific region. Defense Secretary Lloyd Austin said on Tuesday the Pentagon will step up troop rotations that will also include the deployment of added ...

WEEK IN REVIEW: Saudi Arabia to Mark Chinese President Xi Jinping’s State Visit Next Week With a China-Arab Summit

Saudi Arabia will mark Chinese President Xi Jinping’s state visit from 7 to 9 December with a China-Arab summit, according to Saudi diplomats. Invitations to Middle Eastern and North African leaders have reportedly already gone out. The summit will come at a delicate moment in U.S.-Saudi relations, which ...

WEEK IN REVIEW: Beijing Considering Hosting a Third Belt & Road Forum Next Year

Chinese President Xi Jinping said Beijing is considering hosting a third Belt & Road forum next year, the first time a major BRI event would be convened in China since the beginning of the pandemic. The key question is whether China will relax its strict COVID travel restrictions ...

WEEK IN REVIEW: The G77 Bloc of Countries Together With China To Propose a New “Loss and Damage” Fund at the COP27 Summit

The G77 bloc of countries together with China is reportedly going to propose a new "loss and damage" fund at the COP27 summit to provide finance to poor countries impacted by climate disasters. The fund appears to be a repackaged version of the failed "climate adaptation fund" that wealthy ...
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