Country: European Union
Related Posts
An Agricultural Trade Comparison of Africa’s Development Partners: How Does China Measure Up?
Agriculture remains the backbone of many African economies since it accounts for approximately 60% of all employment, a main earner of foreign exchange, source of both savings and tax revenues and accounts for around 40% of the continent’s hard currency. The agricultural sector is the main source ...
Alex Lo: Why China, Not the G7 is Setting the Global Agenda
Now that analysts and observers have had a few days to digest last weekend's announcements from the G7 summit in Cornwall, England, there's a growing sense that outcomes from the club of rich democracies did not rise to the challenges of the moment, specifically in their effort ...
Chinese News and Social Media Commentary Largely Dismiss G7’s Plans to Challenge BRI and Vaccine Distribution
After a flurry of announcements at the end of the three-day G7 summit in Cornwall, observers around the world spent Monday digesting the communiqué, various government fact sheets, and news coverage to try and piece together what it all means. China, ...
Attracting Private Investment to Build Infrastructure in Africa May Sound Like a Great Idea, but It’s Really Difficult in Practice
With the launch of the G7's new "Build Back Better World" initiative (B3W) that aims to distinguish itself from China's Belt and Road Initiative (BRI) by channeling private sector capital to build infrastructure in developing countries, three senior leaders in the International Monetary Fund's ...
B3W and the Democracy Issue
One of the interesting divisions emerging from the Biden administration’s campaign to re-energize the G7 and NATO against China is its attempt to divide the world into ‘democracies’ and ‘autocracies,’ and to insist that the two groups are squaring off against each other as if they’re in ...
B3W vs. BRI
Leaders from the Group of Seven (G7) richest democracies unveiled a highly-anticipated plan over the weekend for how they intend to counter China's Belt and Road Initiative and stem Beijing's growing influence in Africa and other developing regions. The ...
The G7’s Kinda Sorta Billion Dose Vaccine Pledge for Developing Countries
G7 countries took a big step over the weekend to change the narrative on COVID-19 vaccines, after being rightly accused of hoarding the vast majority of the world's supply of jabs at the expense of poorer developing countries.
China Accuses G7 of “Empty Promises” and Draws on Members’ Colonial Past as Part of Its Counteroffensive
China hinted at the colonial pasts of the G7 member states in its coverage of the weekend's G7 summit in Cornwall, which focused a considerable amount of time and attention on confronting Beijing. Sensing an opportunity to mobilize mass opposition to ...
Biden to Attend G7 Summit With China on His Mind. Africa and Other Developing Regions Need to Brace For What Comes Next.
U.S. President Joe Biden arrived in the United Kingdom on Wednesday ahead of a three-day G7 summit, where confronting China in various arenas will be among the top issues on the agenda. The President hopes he will be able to rally the ...
Can the G7 Imagine a Different Relationship With the World?
This week, the prominent Financial Times commentator Gideon Rachman argued that the upcoming G7 summit in Cornwall could be ‘the west’s last chance to lead.’ He acknowledged that the seven rich democracies that make up the group (the U.S., U.K., France, Italy, Germany, Japan, and Canada) have seen ...
China Moves Ahead With Vaccine Distribution While COVAX, U.S. Efforts Falter
By now, COVAX, the global vaccine alliance should have shipped almost a quarter of a billion doses to the world's poorest countries. That hasn't happened. In fact, the alliance has distributed just 72 million jabs, a tiny fraction of what's needed. ...
CNN Ran a Story on Big Tech Expanding in Africa That Didn’t Mention a Single Chinese or European Company
CNN International broadcast a report over the weekend purportedly about "how big tech is expanding in Africa" yet the story only mentioned five major U.S. tech companies and not one from either Europe or Asia. This is somewhat odd given that ...