Reflections on the legacy of Jiang Zemin, China’s president from 1993 to 2003, who passed away on Wednesday, emphasized how he presided over a decade of explosive economic growth. Fewer have pointed out that he was also a key architect of China’s current relationship with Africa.
After the Mao era, emblematized by Chinese involvement in African anti-colonial struggles, the relationship went dormant as China focused on building economic ties ...
Country: China
The China-Pakistan Economic Corridor 2.0 — A New Risk Management Strategy
By Saniya Kulkarni With all eyes on Beijing’s response to the ongoing protests in China, it appears Pakistani Prime Minister Shehbaz Sharif is making headway in mitigating growing unrest in the southwestern province of Balochistan. The resource-rich region is home to ...
Jiang Zemin Created the Africa-China Relationship As We Know It Today
Reflections on the legacy of Jiang Zemin, China’s president from 1993 to 2003, who passed away on Wednesday, emphasized how he presided over a decade of explosive economic growth. Fewer have pointed out that he was also a key architect of China’s current relationship with Africa.
New Research Reveals Sri Lanka’s Debts to China Are Much Higher Than Previously Reported
New data reveals Sri Lankan borrowers owe China's main policy banks significantly more money than had been previously reported, an important revelation as the embattled South Asian country lobbies its creditors for debt relief. Chinese loans to Sri Lanka totaled $7.4 ...
Commodity Exporters in Developing Countries Fret as China’s Worsening COVID Outbreaks, Protests Prompts Sell-Off
Commodity sellers in Africa, the Middle East and the Americas are becoming increasingly anxious over the situation in China, where days of street protests and COVID outbreaks across the country are weighing down the price of their key exports.
Analysis from Cobus van Staden
Jiang Zemin Created the Africa-China Relationship As We Know It Today
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 ...
Xi’s Third Term Will Power Up Chinese Messaging in Africa
Xi Jinping’s third term will likely see the re-energizing and reshaping of China’s external relationships after its COVID lockdown. But how will China’s political engagement with Africa evolve? In a new paper Paul Nantulya, a research associate at the ...
Zambia Hopes for Debt Deal by Q1 Next Year
The International Monetary Fund’s head of strategy, Ceyla Pazarbasioglu, will travel to Beijing next week for meetings with Chinese officials as part of a push for progress on Zambia’s debt restructuring. This comes as Zambia's Finance Minister Situmbeko Musokotwane
Djibouti Has a Very Specific Debt Problem…
Djibouti this week reportedly suspended debt repayments to its two major creditors, China and Kuwait, due to a major increase in debt servicing costs likely caused by interest rate hikes and other external factors this year. A quick gander at this table,
China’s COVID Chaos Bites South African Trade
China’s COVID-related shutdowns and protests are hitting South African businesses. The Johannesburg Chamber of Commerce and Industry (JCCI) said the disruptions compounded earlier delays on the SA side. “China is responsible for so much of the products we consume. ...
Hunan Throws an Africa-China Fruit Trade Matchmaking Party
China’s Hunan province cemented its role as a hub for African agricultural trade via a recent matchmaking meeting to team up major Chinese fruit buyers with key African producers like South Africa and Kenya. It is an example of the innovative ways Hunan is boosting ...
Djibouti Suspends Debt Payments While Rwanda Gets (Just a Little) Relief From China
🇩🇯 DJIBOUTI: The government reportedly suspended debt repayments to two of its largest creditors, likely China and Kuwait, in response to a dramatic increase in the country's debt servicing costs in 2022, according to a new World Bank report. (SOUTH CHINA MORNING POST)
Pentagon: China to Expand Security Presence in Belt and Road Countries
The United States military is forecasting an expansion of China's security presence around the world, particularly in Belt and Road countries, to better protect its people and interests abroad. The Pentagon on Tuesday laid out its concerns about China's military and security ambitions in ...
EU’s Answer to China’s BRI Takes Shape in Africa
The European Union unveiled a $776 million infrastructure financing package for Africa on Tuesday as part of its Global Gateway initiative that is aimed at challenging China's growing influence in developing regions. European Commission President Ursula von der Leyen ...
New Data Reveals Apple is Steadily Shifting Its Supply Chain Out of China to Other Countries in Asia
China's once-dominant role in Apple's supply chain appears to be ending as the technology giant relocates more and more of its production to other countries in Asia, particularly Vietnam and India. Since 2019, according to data from Reuters, the total share ...