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Chinese Meme Comparing Gaza and Xinjiang Goes Viral

China’s embassy in France caused an online stir by posting a meme comparing Gaza and Xinjiang. The meme, labeled “Untitled” shows an image of a bombed street in Gaza juxtaposed with an intact and seemingly thriving one in Xinjiang. The image ...

Amid West African Coups, Benin Leader’s Beijing Trip Is Notable

Considering the caliber of events Chinese President Xi Jinping is not showing up to, it’s notable that he made time to meet with Benin’s President Patrice Athanase Guillaume Talon on Friday. Talon led a four-day state visit to Beijing, which saw the establishment ...

A New Chapter of ‘Going out’ in the Making? 

By Lukas Fiala  Walking through the halls at the Paris Air Show, the world’s largest aerospace exhibition, last week demonstrated once more the emergence of a novel chapter of China’s global outreach: high-tech aeronautics and aerospace cooperation. From the Aviation Industry ...

Welcome to the New Era Where China Writes the Rules

Everyone's hailing the Zambian debt restructuring agreement that was unveiled on Friday in Paris as a major breakthrough in debt relief for the world's poorest countries. While we don't have a lot of information about what's specifically stipulated in the deal, ...

Zambia’s Landmark Debt Deal Highlights China’s Success in Setting New Rules for Development Finance

Zambian President Haikinde Hichilema looked visibly relieved following Friday's announcement that the country's creditor committee had finally reached an agreement to restructure $6.3 billion of bilateral external debt. The deal that took more than two years to finalize was unveiled by ...

Analysis from Cobus van Staden

Chinese Foreign Minister to Lead UN Security Council Meeting on Gaza

Wang Yi, China’s Minister of Foreign Affairs, will chair a UN Security Council (UNSC) meeting in New York on the ongoing crisis in Gaza.
China, the current UNSC president, called the meeting scheduled for November 29. It comes as the two sides are looking into extending the temporary ceasefire that started last week to allow for the return of further Israeli hostages and Palestinian detainees.

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Investors Cautiously Optimistic About Zambia Debt Deal, But Still Wary About China’s Role

Investors welcomed the news of Zambia's debt restructuring deal with a mini rally on Friday in the country's dollar-denominated bonds. Government bonds from Ghana, Pakistan and Sri Lanka also saw similar bumps prompted by new optimism their debt restructurings will follow Zambia's example.

Chinese Media Noticeably Quiet on Zambian Debt Deal

Most major financial news outlets in the U.S. and Europe featured prominent coverage of Friday's landmark Zambian debt restructuring deal but the story was barely mentioned in China. The official state-run Xinhua news agency published a short summary of the announcement but, ...

Saying the Quiet Part Out Loud on Africa’s Green Transition

This has been a week of revealing contrasts, so revealing that a screenwriter might find them a bit on the nose.  Most prominent was the global attention focused on the underwater fate of a small group of rich people and the general ...

Paris Summit Takes Triple Aim at Debt, Climate, Development

The Summit for a New Global Financing Pact, aimed at reforming the increasingly dysfunctional development financing system, kicks off in Paris on Thursday. Its aims are huge. In the words of Catherine Colonna, the French Minister of Europe and Foreign Affairs, the goal is ...

Backgrounder: Why China Matters So Much at the Summit for a New Global Financing Pact

In Paris, all eyes are on Chinese Premier Li Qiang, representing the People’s Republic at this week’s Summit for a New Global Financing Pact. China’s rise is perhaps the most important mega-trend that led to the current rethinking of the global development finance system, but it remains ...
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