Country: United States of America
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Yellen Defends Bretton Woods Institutions Against Challenge From China, Accused Beijing of Acting as “Roadblock” in Zambia
U.S. Treasury Secretary Janet Yellen forcefully defended the primacy of the Multilateral Development Banks (MDBs) in response to China's demand that the World Bank and the International Monetary Fund also take losses on their loans to developing countries. Yellen called for sweeping reforms ...
Cambodia PM: If We Don’t Rely on China for Development Assistance, Then Who?
Cambodian Prime Minister Hun Sen wrapped up a three-day visit to Beijing on Friday that included meetings with his counterpart Li Keqiang and President Xi Jinping. The Cambodian leader went to Beijing with a big wish list that he's hoping China will fund, namely ...
What U.S. Policymakers Should Know About Chinese Basing Ambitions in Africa
U.S. military commanders regularly raise concerns about a possible second Chinese military base in Sub-Saharan Africa. However, despite rumors about possible footholds in countries like Equatorial Guinea, China’s strategic interest in Africa is relatively low, especially when compared with regions like Southeast Asia and the Middle East.
“We’re Not Competing With China” in Africa Says Linda Thomas-Greenfield
The United States’s people-to-people ties in Africa make it impervious to Chinese competition, said U.S. ambassador to the United Nations, Linda Thomas-Greenfield, in an interview with CNN. It's interesting to compare it with remarks by her colleague Jose W. Fernandez, the Under-Secretary for Economic ...
China Leverages African Media Outlets to Hit Back on Debt
Emerging Chinese government messaging on debt is now showing up in African publications via state-owned media outlets like Xinhua. This comes as Beijing is increasingly focusing on the role of Western lenders in Global South debt distress. WHY IS THIS IMPORTANT? China ...
South Africa Turned Down Invitation for Join Naval Exercises With U.S., Choosing Russia and China Instead
South Africa is apparently not interested in conducting joint naval exercises with the United States, opting instead to proceed with controversial exercises later this month with both Russia and China. U.S. Navy Rear Admiral Chase Patrick, Director, Maritime Headquarters, U.S. Naval ...
China-IMF Spat Over Debt Relief Intensifies Following Fund Chief’s Call for Beijing to Change Its Ways
The war of words between China and Western-led multilateral institutions about developing country debt is escalating. China’s party-owned tabloid Global Times has reacted to a recent CBS 60 Minutes interview with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, in which she said: "China has to change its policies ...
China Confirms It Has a Balloon Floating Somewhere Over Latin America
China’s Foreign Ministry has confirmed Pentagon allegations that a second Chinese surveillance balloon is floating over Central and South America. Foreign Ministry Spokesperson Mao Ning said the balloon is non-military and used for flight tests. She said it has limited self-steering capacity and was blown off course, entering South American airspace “by ...
China’s High-Profile Envoy to the DR Congo to Leave This Week
Zhu Jing, China’s outgoing ambassador, is making the rounds of Kinshasa to say goodbye before leaving the country later this week. He is vacating his post as part of a routine rotation. Zhu was a prominent voice for China as the DRC became ...
How the U.S. Aims to Compete With China in Critical Resource Mining
U.S. officials are speaking out about the urgency to diversify supply chains for critical resources that are now largely dependent on China, particularly rare earths, cobalt, and lithium that are all essential ingredients in manufacturing electric vehicle batteries. ...
The Role of Chinese Solar Technology in Africa’s Just Energy Transition
China is by far the world's dominant producer of solar power technology which is becoming increasingly popular in places like Africa that are under mounting pressure to transition from reliance on fossil fuels to new, greener renewable sources of energy.
WEEK IN REVIEW: Kremlin Announced Chinese President Xi Jinping Will Visit Moscow
The Kremlin announced Chinese President Xi Jinping will visit Moscow, although the Chinese Foreign Ministry hasn’t confirmed it yet. The visit will partly aim to deny growing distance between the allies on the Ukraine conflict, although it is unlikely to change China’s fundamental position. (SOUTH CHINA MORNING POST)