Country: Japan

China’s government-owned nationalist tabloid Global Times has hit back at comments by Japan’s Foreign Minister Yoshimasa Hayashi (photo) that Japan will help developing countries out of China’s ‘debt traps.’ GT called the debt trap allegation “an insult to ...

It's been obvious in recent years that China has provided far more financing for African infrastructure development than any other country or multilateral development finance institution (DFI). Now, however, for the first time, we know how much more... and it's a lot.

While Japan, France, and Kenya's other major bilateral creditors are all giving Nairobi some breathing room during the ongoing pandemic in the form of reduced debt servicing payments, that is not the case with China. Last quarter, the Treasury transferred $266 million to Chinese creditors, mostly to ...

This photo of Tibetan nuns has been circulating since 2018 and soon after a fake meme emerged on Facebook that claimed they were the first humans to inhabit some of Japan's islands. The team at AFP Fact Check dug into the ...

China is indeed the largest government funder of coal power projects around the world, accounting for 50% of coal projects that reached financial closure between 2013 and 2018, according to a new policy brief from Boston University's Global Development Policy Center.

With the Delta variant spreading rapidly across much of the developing world with an acute shortage of vaccines, new attention is being focused on the promises that wealthy countries have made to provide jabs compared to what they've actually delivered. The data tracked by the analytics firm ...

In what's becoming a predictable routine, high-level representatives from the world's wealthiest countries get together, express anguish over the rapid spread of COVID-19 in developing countries, issue a call for more equitable distribution of vaccines and then restate longstanding positions that bilateral creditors (read China) and bondholders ...

The Japanese government will play a more prominent role in delivering badly-needed aid and infrastructure, according to Foreign Minister Motegi Toshimitsu (photo). Motegi addressed the issue on Tuesday following a lunch with fellow G20 foreign ministers in Italy. He added that Tokyo ...

There's been a lot of discussion since the Group of 7 countries announced the creation of the new Build Back Better World (B3W) initiative. It is nominally intended to help developing countries build badly-needed infrastructure. But B3W also includes an underlying political objective: presenting an alternative, some ...

It's been almost a week since the G7 announced its new U.S.-inspired Build Back Better World initiative that aims to channel private capital to build infrastructure in developing countries as part of a broader effort to stem China's influence in this arena.