A bill currently under consideration in New York State could reshape sovereign debt renegotiations around the world by making private creditors accept the same losses as the U.S. government would as a sovereign creditor instead of holding out for a full payback.
The bill comes as countries like Zambia and Sri Lanka face their loan renegotiations being dragged out for years as U.S.-based private lenders stonewall to obtain better deals. 52% of the ...
Country: Libya
China’s Groundhog Day in Sudan
After decades of diplomatic, economic, and security engagement in Africa, the ongoing fighting in Sudan may well remind Beijing of the 1990s classic in which TV weatherman Bill Murray covers the annual Groundhog Day in a small town in Pennsylvania, only to be forced to relive the ...
Libya Blockbuster Leads China’s National Day Movie Releases
Home Coming led China's National Day holiday box office bonanza, racking up $144 million in ticket sales during its first week of release. The holiday is usually marked with movies aimed at patriotic audiences. Home Coming dramatizes the evacuation of Chinese citizens from Libya in 2011.
Africa Again is the Backdrop for a Chinese Blockbuster Movie
Home Coming is the latest Chinese blockbuster movie set in Africa that registered big box office returns during its Golden Week opening. The film is set in the fictitious North African country of Numia and tells the story based on the 2011 ...
Blockbuster Set in Africa Dominates Chinese Box Office Over National Day Weekend
Africa is once again the backdrop for a glossy, big-budget Chinese patriotic blockbuster that dominated this weekend's National Day holiday box office with $37 million in ticket sales. "Home Coming" is a fictional recounting of the evacuation of ...
Egypt is Now the Main Hub for Chinese Vaccine Diplomacy in Africa and the Middle East
While Europeans and Americans are now ramping up their efforts to develop COVID-19 manufacturing facilities in Africa, a Chinese joint venture in Egypt is already well underway where it's becoming a vital hub in Beijing's vaccine diplomacy in both Africa and the Middle East. ...
Analysis from Cobus van Staden
Proposed New York Law Could Reshape Debt Negotiations Around the World
China Begins to Distribute More Vaccines Beyond MENA to Sub-Saharan African Countries
China shipped 1.9 million doses of COVID-19 vaccines to African countries last week, with total deliveries across the continent now at 53.9 million, according to the latest Vaccine Tracker Report data from the Beijing-based health advisory firm Bridge Consulting.
China’s Evolving Military Diplomacy in the Global South
By Lukas Fiala, LSE IDEAS China Foresight August 1st marked the 94th anniversary of the founding of the People’s Liberation Army (PLA). While CGTN celebrated the occasion with a blockbuster-esque video, showcasing the PLA’s growing military strength and operational know-how, China’s ambassador to ...
Concerns Over Chinese Vaccine Efficacy Have Had No Measurable Impact on Distribution
Leaders and public health officials in developing countries have seemingly brushed aside concerns about the efficacy of Chinese-made vaccines. Many are courting Chinese pharmaceutical manufacturers to secure further supplies. According to the latest figures compiled by Chinese state-run ...
Chinese State Media Gloats About Survey Results That Show China is More Popular Than the U.S. in MENA
Chinese state media outlets this weekend touted the findings of a recent Arab Barometer public opinion survey released in January, which showed much higher approval ratings for China compared to the United States. The survey in six Middle East and North ...
The China-Mediterranean Observer: Chinese and Iranian Analysts Are Not Aligned on Proposed Pact
We found a number of very interesting articles published by the media of the wider Mediterranean region that provide important insights into some of the most interesting aspects of China’s relations with the countries there. Though we selected articles published by the media of a number of ...