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China Hints It May Not Back U.S. Nominee to Lead World Bank

Ajay Banga's candidacy to become the next president of the World Bank encountered turbulence when the Chinese government hinted that it would oppose his nomination. Banga spent the day in the Chinese capital on Wednesday, meeting with Finance Minister Liu Kun, ...

Analysis from Cobus van Staden

Xi Bets on Global South in Moscow

Today is a public holiday in South Africa – Human Rights Day. There’s a certain irony in spending the day focusing on China’s President Xi Jinping’s visit to Vladimir Putin, knee-deep in a human rights disaster.
What one makes of the Ukraine crisis increasingly maps on where one lives. This is made clear by a remarkable new set of polling data recently published by the European Council on Foreign Relations ...

Japan, Indian PMs Present Unified Front to Challenge China’s Expanding Influence in Asia

While most of the world's attention was focused on Chinese President Xi Jinping's talks in Moscow with Russian President Vladimir Putin, another critically important summit between the leaders of Japan and India also took place on Monday in New Delhi.

Publicly, China Says It’s Not Worried About Closer Japan-India Ties

The Chinese Foreign Ministry did not formally respond to this week's Japan-India summit, but as is so often the case, Beijing leveraged the sharp-tongued CPC-run Global Times newspaper to speak on its behalf. And if Monday's editorial is anything to go ...

India To Discourage Foreign Trade Settlement in Chinese Yuan – Sources

India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbor. India, which has emerged as ...

Chinese Foreign Ministry Releases Details of Qin Gang’s G20 Meetings With Other Foreign Ministers

While stark differences over the war in Ukraine made it impossible for G20 foreign ministers to reach a consensus at last week's meeting in New Delhi, China's Qin Gang nonetheless took advantage of the opportunity to hold a number of bilateral meetings with key counterparts.

Qin Gang to Attend G20 Forum in New Delhi, First Chinese Foreign Minister Visit to India Since 2019

The Chinese government confirmed that Foreign Minister Qin Gang will attend a G20 forum in New Delhi on Thursday at the invitation of his Indian counterpart S. Jaishankar. Qin will be the first Chinese foreign minister to visit India since his ...

India to Build Massive Hydropower Plant Near Contested Border With China

The Indian government will build a $3.9 billion hydroelectric power plant in Arunachal Pradesh, very close to the country's disputed border with China known as the Line of Actual Control. Environmentalists are condemning the $3.9 billion project saying the new 2,880-megawatt ...

Lots of Talk, Little Consensus and No Action Following G20 Debt Roundtable Discussion Among G20 Finance Ministers

The world's most powerful finance ministers, central bank heads and development finance leaders met on Saturday in Bengaluru, India for a highly-anticipated roundtable that many hoped would unblock the current impasse on debt relief for poor countries. While debt ...

U.S. Discussed Debt Issues With China While Also Hinting Beijing Uses Loans for “Coercive Leverage” in South Asia

There was a hint of optimism going into Saturday's debt roundtable organized by India, the World Bank and the IMF that the U.S. and China might be able to find some common ground. Deputy-level officials from both countries met on Friday, 

Major Powers Express Ambivalence Going Into This Weekend’s Critical G20 Debt Relief Talks in Bangalore

As major powers head into this week’s G20 talks on debt restructuring, the mood is grim. The outcome of the talks will be decisive for Sri Lanka’s debt restructuring process and will have a direct bearing on talks affecting Zambia, Ethiopia, Ghana, Ecuador and ...

China Unphased by Report IMF May Circumvent Beijing on Sri Lanka Debt Relief

Sri Lankan debt restructuring seems to be hitting a stalemate, judging by Monday’s Foreign Ministry press briefing. Asked about a recent Bloomberg report that the IMF is considering circumventing Chinese approval in providing a relief deal to the bankrupt country, spokesperson Wang ...
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