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Pepe Zhang on What to Expect This Year in China-Latin America Relations

China's two-way trade with countries in the Americas increased 8% last year to $486 billion, nearly twice the volume of what China does in Africa. South America is now a vital source of food, energy, and strategic minerals for China, ...

Pressure Mounting on Biden to Counter China’s Free Trade Push in South America

Ecuadorian President Guillermo Lasso's visit to Washington this week prompted urgent calls from Capitol Hill for the President to do more to counter China's growing influence in South America. Lasso met with Biden on Monday at the White House ...

Ecuador President Arrives in Washington With Nearly-Complete Chinese Trade Deal in His Back Pocket

Ecuadorian President Guillermo Lasso will be at the White House on Monday for talks with President Joe Biden. The two leaders reportedly will address a broad range of issues, from Ecuador's appeal for more U.S. support to fight drug cartels to Washington's request for Lasso's administration to ...

China to the Rescue? China’s Liquidity Finance Should Be Welcomed but Not Gambled With

By Kevin P. Gallagher China is being criticized for stepping up its policy to provide liquidity financing in the form of loans and currency swaps for countries in distress for the wrong reasons. Providing such liquidity shows that China is ...

Ecuador is the Latest Developing Country to Restructure Chinese Debt

The Ecuadorian government announced a major debt restructuring deal with China's two largest policy banks that will provide $1.4 billion of debt service relief over the next three years. President Guillermo Lasso said his administration reached an agreement this week ...

Analysis from Cobus van Staden

A Chinese Giant’s Complicity in South Africa’s Corruption Disaster

Anyone who knows a South African will be amply aware that the country is currently undergoing economically ruinous rolling blackouts labeled ‘loadshedding.’ Even if you don’t know them, South Africans are liable to follow you down the street, foam-flecked and shouting about Eskom, the corruption-addled state power utility.
The loadshedding scandal is rooted in corruption. It’s only the most visible part of a historical tragedy: how the ruling African National Congress ...