Country: China
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U.S.-China Technology “Cold War”: Exploring Africa’s Options
In 2019, Jack Dorsey, co-founder of Twitter, and Jack Ma, co-founder and former executive chairman of Alibaba, visited several African countries such as Nigeria, Ghana, South Africa, and Ethiopia, where they met and interacted with African tech-Savvy youths. The two ‘Jacks’ represent two different paradigms of technology, ...
Bloomberg Asks Zhao Lijian the $4 Billion Dollar Question About Its Zambian Loans: “Will China Opens Its Books?”
Foreign Ministry spokesman Zhao Lijian faced questions yesterday by a Bloomberg reporter as to whether Beijing would do more to help alleviate investor concerns over the lack of transparency of China's loans to Zambia. Zhao echoed a brief comment published on ...
New AidData Research Explains Why China Isn’t Fully Participating in the DSSI and Not Interested in Seizing Assets
Bradley Parks, executive director of AidData, discussed the preliminary findings of a new investigation into the terms and conditions of Chinese loan contracts around the world. AidData researchers studied 83 Chinese loan contracts to 21 low-and-middle income countries. The contracts involved the ...
U.S. Government Targets African Twitter Users With Paid Campaign Criticizing Chinese Fishing Practices
Senegal-based freelance journalist James Courtright noticed an interesting paid tweet from the U.S. government's official French language account that appeared in his feed this week. The "promoted" post (that means "paid" in Twitter's vernacular) attacked China's distant fishing operations around the world: ...
Wow! Whoever’s in Charge of the Chinese Embassy in Somalia’s Twitter Account Really Went on a Tear
In the space of two hours yesterday, the social media manager at the Chinese embassy in Somalia published an impressive 32 tweets in what was a disjointed stream of Chinese propaganda's greatest hits. They covered a lot of ground:Alleviating Chinese ...
When It Comes to the G20’s DSSI, China’s Playing by a Different Set of Rules
There's an enormous disconnect between how the Chinese are approaching the debt crisis in poor countries and the expectations of the world's legacy donors. People like World Bank President David Malpass seem befuddled as to why China is not fully supporting ...
Zambia Gets an Unexpected Reprieve From Bondholders, But Serious Concerns About the Country’s Debts to China Persist
Zambia's private creditors gave the embattled country an additional three weeks to come up with a plan on how to resolve its burgeoning debt crisis. A group of bondholders would have voted yesterday on whether to accept the finance ministry's request for a 6-month repayment ...
China Finally Commits To “Equal Treatment” for All Zambian Creditors. But Why Did It Take Them So Long to Say So?
China's top diplomat for sub-Saharan Africa, Wu Peng, took to his new Twitter account at 8pm local time yesterday in Beijing, to reassure investors and other Zambian stakeholders that the Chinese government supports the principle of "equal treatment" for all creditors. ...
South Africa’s Largest Mobile Telcos Brush Aside U.S. Concerns About Huawei 5G Equipment
Three of South Africa's largest mobile operators do not seem that concerned by U.S. efforts to discourage companies and countries around the world from using equipment made by the Chinese telecom giant Huawei. The companies, Vodacom, MTN, and Rain, all said they're comfortable integrating ...
A Rare China-Africa News Interview on Mainstream U.S. Media
It's downright rare that a mainstream U.S. media outlet like CBS covers China-Africa related issues, especially in the run-up to a presidential election. Yesterday, though, the network ran an interview with Grant Harris, CEO of the political risk advisory firm Connect Frontier, who served as a special ...
China’s Bumbling Debt Communications Hurts Africa
Even though China is a central actor in the burgeoning African debt crisis, it's often hard to tell. Chinese stakeholders in this unfolding drama are notoriously silent when it comes to communicating their positions and signaling to the markets and other governments as to what their intentions ...
Laos and the Chinese Debt Crisis in Africa
The small, impoverished landlocked Southeast Asian nation of Laos is a focal point of China's ambitious Belt and Road Initiative and also emerging a case study in how Beijing is handling a burgeoning debt crisis in the country. ...