Tag: China
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China-Africa Trade Fair Gets Underway in the Central Chinese Province of Hunan
Rwandan President Paul Kagame (photo) was the keynote speaker on Sunday at the kick-off of the four-day China-Africa Economic and Trade Expo in the Hunan provincial capital of Changsha. The expo was also attended by China's most senior foreign policy official, Yang Jiechi, who ...
Week in Review: Debt, Arrests and Market Expansion
Zambian President Hakainde Hichilema will head to Washington soon to meet with officials from the IMF and World Bank in an effort to secure a new financing package. The Zambian leader spoke at the UN this week and met with U.S. Vice President Kamala Harris in New York.While President ...
China is Stepping Up Its Opposition to Proposed U.S. Sanctions Against Ethiopia
The Chinese government on Wednesday issued its most forceful denunciation to date against proposed U.S. sanctions on Ethiopia for the war in Tigray. Foreign Ministry Spokesman Zhao Lijian said possible U.S. measures against Ethiopian officials involved in the conflict is a "wanton exertion ...
First U.S. Conservatives Thought IMF SDRs Would Bolster China, Now Some Say It’s The Solution to Countering Beijing
U.S. conservatives can't seem to agree if the issuance of IMF Special Drawing Rights (SDRs) is a "bail-out" for China, or a tool to counter Beijing's growing influence in the Global South. Sam Brownback, a veteran Christian conservative politician on the ...
Meet Wang Yao, Entrepreneur, Vlogger, and a Guy Who Looks Like He’s Living His Best Life in Kenya
Wang Yao 王垚 is a truly unique character who's not only built a hugely successful second-hand clothing business in Kenya but has also become a celebrity on Chinese social media platforms where he now has almost 5 million followers. Wang first came ...
China Will No Longer Build Coal Power Plants Overseas, Xi Tells UN
China's long history of building coal-fired power plants in developing countries around the world is now over, said President Xi Jinping in a short, 15-minute video address to the United Nations General Assembly. "China will step up support ...
Biden Touts B3W Developing World Infrastructure Plan in UN Address
Joe Biden didn't say the word "China" once in his sweeping, half-hour-long address to the UN General Assembly on Tuesday, his first as U.S. president, but confronting Beijing nonetheless emerged as a key theme. On issues ranging from COVID vaccine distribution ...
It’s Time For a More Nuanced Discussion About China
Recently, I caught up by phone with a long-time Chinese friend. The conversation started off friendly enough but soon veered into a heated debate after he accused me of turning from pro-China to anti-China. I met my Chinese friend while I was working at the Chinese embassy’s ...
Kenya Weighs Using SDR Allocation From IMF to Pay Debts to China
The Kenyan government is considering using its allocation of Special Drawing Rights (SDRs) from the International Monetary Fund to repay some of its outstanding debts to China, according to a report in the Business Daily newspaper. While at ...
While China’s Global Vaccine Distributions Close in on a Billion Doses Delivered, Africa’s Share Remains Small
While China ramps up its global vaccine distributions, particularly in Asia, deliveries to African countries have remained consistently modest since the beginning of the pandemic. So far, only 61.1 million doses have been delivered to African countries, predominantly in the MENA ...
U.S. Conservatives Are Disappointed The Development Finance Corporation Isn’t Doing More to Confront China
Two prominent analysts at The Heritage Foundation, a conservative think tank in Washington, D.C., contend that the main U.S. development finance agency is not doing enough to "counter" China's growing influence in developing countries. Since it was re-launched in 2019, the ...