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Angola Gets Some Badly-Needed “Breathing Space” From China on Debt Repayments
Chinese creditors have reportedly agreed to grant Angola a three-year debt repayment moratorium, according to the West African country’s finance minister Vera Daves de Sousa. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } Get a daily email packed with the …
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Gyude Moore: Disappointed that Chinese FM Wang Yi Avoided Talking About the Debt Crisis in Certain African Countries During His Recent TourDuring his five-nation Africa tour last week, Chinese Foreign Minister Wang Yi did not focus much attention on the ongoing debt crisis in the handful of countries on the continent that have borrowed heavily from Chinese creditors. That was very disappointing to some observers, including …
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China’s Risky “Build It and They Will Come” Development StrategyThere’s widespread speculation that Chinese financial support for its hugely ambitious Belt and Road Initiative may be waning due to the current economic crisis and the desire among senior Chinese policymakers to focus more attention on the domestic front. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, …
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China Steadily Lessens Dependence on U.S. Market With More Exports Going to Asia; Africa, LatAm Far BehindChinese Foreign Minister kicked off a four-nation tour of Southeast Asia in Myanmar on Monday where he met with newly re-elected President Win Myint (photo) and Aung Sang Suu Kyi, the de facto head of the government and leader of the ruling National League for …
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Wang Yi Wrapped Up Africa Tour With a Quick Stopover in The Seychelles Before Heading Back to AsiaChinese Foreign Minister Wang Yi wrapped up his annual tour to Africa on Saturday with a quick stopover in the Indian Ocean island state of Seychelles, before heading back to Asia. During his half-day visit to Victoria, Wang met with Foreign Minister Sylvestre Radegonde and …
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President Magufuli Thanked Wang For Not Wearing a Mask During His Visit to TanzaniaCOVID-19 mask politics found its way into Chinese FM Wang Yi’s recent visit to Tanzania when President John Magafuli thanked Wang for not wearing a mask to showcase the fact that the pandemic is purportedly under control there. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); …
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Wang Yi Unveiled a 7-Point Policy Framework That Will Guide Chinese Engagement in Africa This YearChinese Foreign Minister Wang Yi unveiled a list of seven “priorities” that he said will guide Chinese engagement in Africa in 2021. Wang made the announcement during a press conference on Friday in Chato with his Tanzanian counterpart Palamagamba Kabudi. .memberful-global-teaser-content p:last-child{ …
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China’s Foreign Aid Policy Gets a Big UpgradeChina is upgrading the role of foreign aid and international development in its policymaking according to a new white paper published by the country’s immensely powerful cabinet, known as the State Council. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 …
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China’s COVID-19 Vaccine Rollout Gains Momentum in Many Developing RegionsThere’s been a flurry of activity on the Chinese vaccine distribution front. Over the weekend, a growing number of countries across the Global South are taking delivery of Chinese-made COVID-19 vaccines even before they completed clinical trials or received WHO pre-qualification. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, …
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Wang Yi’s Busy Day in KinshasaOn the second stop of his weeklong Africa tour, Chinese Foreign Minister Wang Yi spent a very busy day on Wednesday in Kinshasa, the capital of the Democratic Republic of the Congo, where he met with President Félix Tshisekedi and Foreign Minister Marie Tumba Nzeza. .memberful-global-teaser-content …