Country: China
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The Far-Reaching Consequences of China’s Demand for African Donkeys
Elephants, rhinos, and lions usually come to mind first in discussions about the China-Africa animal trade, not donkeys. But surging demand for donkey hides used to manufacture a Chinese traditional medicinal product is having a devastating impact on rural populations across ...
WEEK IN REVIEW: Japanese Foreign Minister Fumio Kishida to Embark on a Four-Nation African Tour Next Month
Japanese Foreign Minister Fumio Kishida will embark on a four-nation African tour next month, a trip widely seen as an effort to counter Chinese and Russian influence on the continent. This will be the first visit to Africa by a Japanese leader since 2016. (NIKKEI ASIA)
Brazil’s President Lula Kicks Off Official Visit in Shanghai
Brazil’s President Luiz Inácio Lula da Silva arrived in Shanghai on his way to a meeting with Chinese President Xi Jinping in Beijing later this week. His time in Shanghai will include attending the inauguration of former Brazilian president and Lula ally Dilma ...
First Signs of Progress on Debt at Spring Meetings, But Much Remains Unclear
There is cautious optimism at the World Bank and International Monetary Fund (IMF) spring meetings in Washington DC for progress on debt relief. Earlier this week, Reuters and other outlets reported that China could be willing to drop its demand that Multilateral Development Banks (MDBs) like the World Bank ...
The Philippines Walks a Tricky Line Between the Superpowers
China has rejected a joint call by the Philippines and the United States to scale back its presence in the South China Sea. This follows Tuesday’s 2+2 talks between U.S. Secretary of State Antony Blinken, U.S. Secretary of Defense Lloyd Austin, Philippine Secretary of ...
The Risks and Rewards of China’s New Mideast Diplomacy
When China announced in March that it had brokered a landmark agreement between Iran and Saudi Arabia to restore diplomatic ties, it took a lot of people by surprise. They just didn't see it coming. ...
China Willing to Compromise in Debt Stand-off With World Bank and Other International Creditors, Say Reports
Chinese negotiators are reportedly making progress in talks with other major international creditors to break the ongoing impasse that's blocking debt relief for a number of poor developing countries, particularly in Africa. Both the Wall Street Journal and Reuters quoted unnamed sources on ...
Lots of Talk, Little Action: Zambia’s Debt Relief Process Remains Stalled Says Finance Minister
Zambia's Finance Minister Situmbeko Musokotwane said it's urgent that the country's international creditors finalize a debt restructuring deal at once, or else a $188 million IMF emergency financial package could be at risk. Musokotwane expressed frustration in an interview with ...
Kenya Now in the Grip of Worsening Debt Crisis, President Rules Out Default
Kenya's public employees are threatening to go on strike unless the government pays their overdue salaries. Civil servants did not get paid last month due to a financial crisis brought on by the country's ballooning debt that's now fast closing in on ...
Pirates Seize Chinese-run Oil Tanker in the Gulf of Guinea
Pirates took command of a Chinese-operated oil tanker this week 300 kilometers off the coast of Ivory Coast in the Gulf of Guinea, according to a London-based risk management company. Details about how many crew are being held captive and how ...
Chinese Analysts Warn New U.S., Philippines Security Plan Will Escalate Tensions in the Pacific
The United States and the Philippines agreed to a new long-term plan that will pave the way for a major increase in U.S. security assistance to the Southeast Asian country over the next five to ten years. The deal was ...
Advice for African Leaders on How to Manage Newfound Lithium Wealth in the Era of Great Power Competition
Lithium production in Africa is expected to jump fourfold in the next ten years as demand surges for the metal needed to build batteries for electric vehicles. While that may produce another resource boom in some countries, it also presents unique challenges, ...