After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big projects boosted engagement in Nigeria alone more than twelvefold.
These shifts indicate a window of opportunity for African electrification. 60% of Africans still ...
Country: European Union
Related Posts
China Says Opposes European Sanctions Over Iran Nuclear Program
China said Friday it opposed invoking sanctions on Iran over its nuclear program after three Western nations told the UN they would reimpose them if no diplomatic solution was found by the end of August. European sanctions on Iran were eased ...
China Exports Top Forecasts as EU, ASEAN Shipments Offset U.S. Drop
By Isabel Kua and Peter Catterall China's exports rose more than expected last month, with official data on Thursday showing a jump in shipments to the European Union and other markets offsetting a drop in those to the United States.
What Would a Grand Bargain Between China and the U.S. Mean for the Rest of Us?
The prevailing view among Chinese intellectuals is that U.S.-China strategic rivalry is structural and enduring. Yan Yilong, for instance, describes the competition as “not merely a disagreement between two sovereign states” but a “structural conflict between the great rejuvenation of ...
Lessons for Europe From China’s Critical Minerals Strategy in Africa
While the U.S., India, and countries in the Persian Gulf are all moving quickly to establish new critical mineral supply chains, the European Union is struggling to follow suit, particularly in Africa. The EU currently lacks a cohesive policy framework that ...
Why Did the U.S. Bomb Iran? A Chinese Commentator Argues the Real Target Was Europe
An influential geo-political commentator on WeChat, Zhan Hao, offers a provocative interpretation of recent U.S. military actions in the Middle East. The article, titled “Unexpectedly, the biggest loser from the U.S. bombing of Iran is the European Union — it’s going to be drained dry in ...
Analysis from Cobus van Staden
Will China’s Trade Strategy in Africa Succeed Where Europe’s Didn’t?
At a recent ministerial meeting in the central Chinese city of Changsha, Beijing announced an ambitious new phase of its engagement with Africa: the possibility of eliminating customs duties on exports from all 53 African countries (except for Eswatini, which maintains diplomatic relations with Taiwan). While many ...
China’s Critical Minerals Lead Widens as Rivals Struggle to Keep Pace
Despite growing talk of securing alternative supply chains, China has entrenched itself as the world’s undisputed leader in critical minerals, widening a lead that few anticipated would stretch so far, so fast. From lithium to nickel to rare earths, China’s ...
Europe’s Lithium Quest Hampered by China and Lack of Cash
By Alvaro Villalobos Europe's ambition to be a world player in decarbonised transportation arguably depends on sourcing lithium abroad, especially in South America. Even the bloc's broader energy security and climate goals could depend on ...
Europe’s Green Mining Regulations May Push Africa Closer to China
While Europe’s environmental policy to limit carbon emissions is well-meaning and aims to fight climate change, it could actually make things worse for Africa. Instead of helping the continent to develop its industries, EU policy might instead give China more control over access to valuable mineral resources, ...
Macron Urges Asia, Europe to Unite to Resist ‘Spheres of Coercion’
By Damon Wake and Francesco Fontemaggi French President Emmanuel Macron on Friday urged Europe and Asia to build a new alliance to hold off big powers seeking to build "spheres of coercion", in a swipe at China and Russia.
China, EU Suspend Brazil Chicken Imports Over Bird Flu
China and the European Union have suspended imports of chicken meat from Brazil, the world's biggest exporter of the commodity, after an outbreak of bird flu on a farm in the South American country, officials said Friday. China is the main importer ...
China, EU Suspend Brazil Chicken Imports Over Bird Flu
China and the European Union have suspended imports of chicken meat from Brazil, the world's biggest exporter of the commodity, after an outbreak of bird flu on a farm in the South American country, officials said Friday. China is the main importer ...