Country: China
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China, Debt and the Future of Kenya
The investigative series Africa Uncensored broadcast a riveting one-hour documentary on Kenyan national TV last night that explored the country's ballooning national debt. The program highlighted how, as Kenya's largest bilateral creditor owning an estimated 70% (or $6.2 billion) of its ...
Billions of New FDI Flowing Into West Africa. Where’s the Chinese Money Going?
$1.46 billion of new foreign direct investment made its way to Nigeria in the third quarter of 2020, according to new data from the National Bureau of Statistics, but very little is coming from China. In fact, China (ex Hong Kong) wasn't among the list ...
Deborah Bräutigam: China Likely To Partner With the WHO For C19 Vaccine Distribution in Africa
China is working closely with Ethiopia, Egypt, and likely other African countries to lay the groundwork to deliver millions of doses of COVID-19 vaccines to the continent. With the new cold-chain air bridge that was announced last week between Shenzhen and Addis Ababa, it's becoming ...
French-Chinese Business Cooperation in Africa
Last month the China-Africa Research Initiative (CARI) at Johns Hopkins University hosted a French-language webinar that explored Franco-Chinese business cooperation in Africa. The discussion was conducted in French but now CARI has released an English-language summary of the key highlights from the three ...
How U.S.-Africa Policy Is Adapting To Competition With China
Recently, the Atlantic Council’s Africa Center and the Policy Center for the New South launched a pair of reports on external power competition in Africa, with one focused on traditional powers and the other on emerging powers in the region. One ...
Chinese Diplomats Are Now Leaning in To the “Wolf Warrior” Meme
The so-called "Wolf Warrior" meme that characterized Chinese diplomats in much the same way as the gung-ho, take-no-prisoners, Rambo style action star in the blockbuster movie was once roundly rejected by officials in Beijing. But no more. ...
China, African Union Break Ground on New HQ For the Africa Centers for Disease Control
Senior African Union officials together with Chinese diplomats led a groundbreaking ceremony on Monday at the site of the new Africa Centers for Disease Control and Prevention headquarters in the Ethiopian capital Addis Ababa. Just as with the African ...
Chinese Development Finance is Changing. We Just Don’t Know Exactly How.
A lively discussion broke out over the weekend about Boston University's new Chinese overseas development finance database and whether the dramatic plunge in lending that purportedly took place last year is accurate. Some scholars are suggesting that BU's data
Researchers Challenge Boston University’s “Porous Dataset” That Purportedly Showed a Plunge in Chinese Overseas Lending
A pair of researchers from Central Asia are questioning the findings of a new dataset produced by Boston University's Global Development Policy Center (GDPC) which purportedly shows a sharp drop in Chinese overseas lending. Among the key ...
Report: China Lacks Comprehensive Debt Relief Strategy
A new report by the International Institute of Green Finance (IIGF) at the Central University of Economics and Finance in Beijing appears to echo some of the same themes that emerged from Boston University's Overseas Chinese Lending Database, specifically related to an apparent sharp decline ...
Chinese Debt Relief in Africa Definitely Helps in the Short Term, But in the Long Term? Hard to Tell Says New Analysis
Although China's debt relief efforts are often downplayed by many of its critics in the U.S. and EU, the fact is that Beijing's done more to renegotiate and cancel loans to African countries during the current financial crisis than it has previously:
Chinese Private Sector Engagement in Africa is Going to be Much More Important in 2021 And Beyond
Over the past several weeks, Chinese officials have convened a series of high profile forums with key African stakeholders in what appears to be an effort to lay the groundwork for next year's triennial Forum on China Africa Cooperation Summit (FOCAC) that is scheduled to take place ...