Country: European Union
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Why China Must Partner With Global South Countries to Build a “New International System”
China should respond to pressures from the United States and its allies by building a new global system based on coalitions with Global South countries. So argues Yang Ping, the publisher and editor-in-chief of the influential magazine Beijing Cultural Review. An edited translation of ...
Wang Huiyao on China’s ‘Misunderstood Foreign Policy’
Senior-level Chinese stakeholders often contend that one of the main reasons for today's heightened geopolitical tensions between China and the West is due to "misunderstandings" of its foreign policy objectives by outsiders. Chinese distrust is ...
China’s Current Challenge of the Bretton Woods Institutions Has Been Years in the Making
China’s dispute with the Bretton Woods institutions dates back to at least the Obama era. The U.S. Congress refused to ratify a 2010 plan to recapitalize the IMF, which would have given large emerging economies enhanced voting rights because it could have affected the U.S.’s veto vote.
Africa is Now a VERY Popular Destination For Western Ministers and High-Ranking Diplomats
For years, China was largely alone in regularly dispatching its foreign ministers and high-ranking diplomats to tour Africa. That is no longer the case as U.S., European and Russian diplomats are fanning out across the continent faster than they have in years. ...
Scholz Looks to South America to Reduce Germany’s Dependence on Chinese Critical Resources
German Chancellor Olaf Scholz has spent the past few days crisscrossing South America in a bid to find alternative sources of critical minerals, notably lithium, that his country's powerful auto industry now relies predominantly on China to supply. Over the weekend, ...
Now It’s the EU’s Turn to Try and Change South Africa’s Mind About Russia and Upcoming Joint Naval Exercises With China
The European Union's top foreign policy official Josep Borrell is the latest foreign dignitary to pass through Pretoria in what appears to be a vain effort to persuade South Africa's international relations minister Naledi Pandor to reconsider Pretoria's stance on Russia's invasion of Ukraine and upcoming joint naval ...
Chinese Expert: Global North’s Sudden Concern about Global South Reflects Power Shift
As China’s decades-long focus on South-South cooperation results in strong relationships throughout the developing world, Global North powers like the United States and Japan are suddenly discovering their concern for the Global South in order to shore up their own fading influence.
U.S., Europe Backseat Drivers in Africa: Expert
He Wenping, the Program Director at the Chinese Academy of Social Sciences’ Institute of West-Asian and African Studies and one of China’s most prominent Africa experts, laid into U.S. and European efforts in Africa. In an interview in the magazine Guancha, ...
Decoding China’s Record-Breaking 2022 Trade With Africa
China's trade with countries in Africa broke a new record in 2022 at $282 billion, up 11% from last year's $254 billion in two-way trade. The data reaffirms China's position as the continent's largest bilateral trading partner and shows it's solidly ...
China, Like the U.S., Wants to Onshore More of Its Critical Resource Mining
China appears to share many of the concerns over the security of its supply chains for critical minerals that now dominate conversations in North American, European and some Asian capitals. Wang Guanghua, China's minister for natural resources, explained in a lengthy ...
How the Global South Can Leverage the BRI and PGII: Competing and Complementary Infrastructure Initiatives
By Oyintarelado Moses and Keren Zhu Last month, the United States and the European Union launched new agreements under the Partnership for Global Infrastructure and Investment (PGII) on the sidelines of the G20 meeting and the European Commission announced the Global Gateway’s (GG) ...
EU’s Answer to China’s BRI Takes Shape in Africa
The European Union unveiled a $776 million infrastructure financing package for Africa on Tuesday as part of its Global Gateway initiative that is aimed at challenging China's growing influence in developing regions. European Commission President Ursula von der Leyen ...