Country: China
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Rival Factions in Washington Square Up For a New Fight Over IMF Special Drawing Rights
Early on in the COVID-19-induced financial crisis in Africa, finance ministers and other senior-level stakeholders across the continent called on the IMF to issue new so-called Special Drawing Rights (SDRs) that would provide desperately-needed liquidity into their economies. When
China Donates 10 Million Doses of COVID-19 Vaccine to the Global Covax Alliance
China took a big step on Wednesday to expand its global vaccine donation drive with a sizable contribution to the global vaccine alliance known as Covax. The Foreign Ministry said on Wednesday that Beijing would provide the alliance with 10 million doses from three of China's largest ...
South Africa Received Its First Vaccine Shipment This Week But Critics Are Blasting the President For Not Buying Chinese and Russian Jabs
South African President Cyril Ramaphosa personally went to Johannesburg OR Tambo International Airport late Monday night to witness the off-loading of 1 million COVID-19 AstraZeneca vaccines that arrived from the Serum Institute of India (SII). While there's no doubt relief that vaccines ...
Zimbabwe To Get Chinese C19 Vaccines, Says Ambassador. When? Well, That’s TBD.
Chinese Foreign Ministry Spokesman Wang Wenbin's inclusion of Zimbabwe in a list of 14 developing countries that would have early access to Chinese COVID-19 vaccines was reaffirmed by Beijing's envoy to Harare on Tuesday. Not surprisingly, the announcement caused quite a bit of excitement in ...
China and the Africa Continental Free Trade Area: What Role For Beijing?
The January launch of the AfCFTA has prompted considerable reflection in both China and Africa as to what role Beijing can play in this new free trade era and whether China's role will be harmful or helpful. Predictably, Chinese commentators are ...
With a 30:1 Trade Imbalance, Some Wonder How Mauritius Could Ever Benefit From a Free Trade Agreement With China
There was a lot of excitement on January 1st when China's first free trade agreement went into effect with Mauritius, Beijing's first FTA with a country in sub-Saharan Africa. But just a month later many observers are growing concerned about a ...
China Launches Full-Scale Media Blitz in Africa to Counter Mounting U.S-European Pressure on Xinjiang
China's propaganda strategists launched a full-scale campaign in print, broadcast and social media to rebut allegations of genocide and widespread human rights violations in Xinjiang. The effort is especially noticeable in Africa where over the past 24 hours, Chinese diplomatic ...
Ethiopia’s Appeal For Debt Relief Puts China’s Loan Portfolio Under the Spotlight
Ten months ago, Ethiopian Prime Minister Abiy Ahmed was the first African leader to sound the alarm over the debt crisis that would ensue from the then-nascent outbreak of COVID-19. African economies, he warned face an "existential threat" from the combined effects of an unprecedented ...
With Its Chinese Parent Company on the Verge of Bankruptcy, the Fate of Ghana’s Africa World Airlines Looks Grim
The future of Ghana's largest airline is up in the air now that its parent, Hainan-based HNA Group, has effectively buckled under the weight of almost $100 billion of debt and widespread reports of embezzlement.
China Brushes Aside Criticism of Its Vaccine Distribution, Says Its Fulfilling President Xi Jinping’s Promise to Make Jabs a “Global Public Good”
China's Foreign Ministry spokesman Wang Wenbin parried any critique of Beijing's vaccine distribution drive around the world, especially in developing countries, with an indirect diss against rivals in the United States and Europe. "We act on our words," he said at yesterday's regular press ...
Lots of Hot Button, Emotional Issues Help Explain the Widespread Anger to Xiaomei Havard’s Appointment as ANC MP in South Africa’s Parliament
There's widespread anger on and offline in South Africa over the appointment of Xiaomei Havard, a naturalized South African citizen of Chinese descent, as a member of parliament. She was sworn in last Wednesday which sparked almost immediate outrage. ...
Lessons From ASEAN on How Africa Can Better Manage Ties With China
While Chinese engagement in Africa is a relatively new phenomenon, dating back around 20 years now, countries in Southeast Asia have millennia of experience in managing ties with Beijing. Today, the 10 countries that make up the Association of Southeast Asian ...