Country: China
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More Evidence that the Africa-China Relationship is Increasingly Driven by Politics, Not Commodities
For centuries, many assumed that Africa's greatest contribution to the global economy was through selling stuff that comes out of the ground. That was certainly what drew the Chinese to Africa back in the early 2000s. Today that's no longer the case.
Chinese Oil Buying in Africa Plunges Amid Shift to Suppliers in Russia, Persian Gulf
Chinese oil imports from African countries dropped 22.6% year-on-year in the January-September period, highlighting a decade-long transition away from the continent to suppliers in Russia, the Persian Gulf and Brazil. The drop in 2022 further eroded Africa's total ...
Algeria is the Latest Developing Country to Get in Line to Join the BRICS Group
The Algerian Ministry of Foreign Affairs officially submitted its application this week to become a new member of the BRICS club. Algeria now joins a growing list of developing countries, including Argentina, Saudi Arabia, and Iran, that all want to join the Chinese-initiated group. ...
Chinese Foreign Ministry Spokesman Said He’s “Not Aware” of Reports Xi Will Travel to Saudi Arabia Next Month
Chinese Foreign Ministry Spokesman Zhao Lijian tried to tamp down mounting speculation that President Xi Jinping will travel to Saudi Arabia next month to attend a pair of summits. Zhao brushed aside a question on the issue from Reuters at the regular press briefing ...
Chinese State Media Tries to Put a Positive Spin on Trade Ties With Tanzania
The Communist Party-run tabloid Global Times is trying its very best to send a positive message about the state of China's trade with Tanzania. On Tuesday, the newspaper featured an interview with Chinese ambassador Chen Mingjian who touted the recent announcement to remove tariffs on ...
Just as in Nigeria, Kenyan Lawmakers Are Also Confused About What It Means to Waive “Sovereign Immunity” in Chinese Loan Contracts
Anger is mounting across Kenyan society over the terms of the loan agreements with the China Exim Bank for the multi-billion dollar Standard Gauge Railway that were released by the government on Sunday. Members of Parliament are sounding off in the ...
New Undersea Cable Will Link China to a Trio of Countries in Southeast Asia
Six telecom carriers from four countries in Asia signed an agreement to build a new regional undersea high bandwidth cable. The $300 million Asia Link Cable system will stretch 6,000 kilometers from southern China to the Philippines, Brunei and Singapore.
China and the Global South: What to Watch at COP27
By Cecilia Springer This week, delegations from around the world are convening in Sharm El-Sheikh, Egypt, for the annual 2022 United Nations Climate Change Conference, or COP27. With Egypt hosting, this year’s climate talks promise to spotlight ...
Kenyans React to Publication of SGR Documents
The decision by the incoming government of Kenya to release some documents relating to the controversial Chinese-built Standard Gauge Railway is causing massive controversy at home. The main reaction has been anger that the main commercial contract has not yet been ...
People’s Bank of China Exec Blames Debtor Countries for Transparency Issues
As controversy swirls over the role of Chinese lenders in successive Global South debt crises, China is still getting used to its new role as a global financier. This was one of the takeaways from a revealing speech by Jin Zhongxia, ...
Kenyan Purple Tea Wows Hunan
The first shipment of 240 kilograms of a rare kind of Kenyan purple tea has arrived in Hunan province. The tea, which is a clear lilac color when brewed, is only the latest African agricultural commodity processed in Changsha, Hunan. The province is setting itself up as a center ...
Climate, Geopolitics Greatest Threats to African Development: Study
For Africa to achieve its development potential, it needs uninterrupted cooperation with the United States, Europe, and China. This is a key finding of a recent set of future projections by the Institute for Security Studies in South Africa. The study outlined four ...