Tag: debt
Related Posts
No More Time to Waste: The Imperative to Strengthen Global South Voice and Representation at the IMF
By Tim Hirschel-Burns and Marina Zucker-Marques The International Monetary Fund’s (IMF) governance is increasingly out of step with today’s world. While emerging market and developing economies (EMDEs), including China, account for 60 percent of global gross domestic product (GDP), they ...
No More Time to Waste: The Imperative to Strengthen Global South Voice and Representation at the IMF
By Tim Hirschel-Burns and Marina Zucker-Marques The International Monetary Fund’s (IMF) governance is increasingly out of step with today’s world. While emerging market and developing economies (EMDEs), including China, account for 60 percent of global gross domestic product (GDP), they ...
China’s Xi Arrives in Cambodia for State Visit
Chinese President Xi Jinping arrived in the Cambodian capital Phnom Penh on Thursday, capping a three-stop tour of Southeast Asia, according to live footage from Beijing's state-run CGTN. Xi arrived after visiting Vietnam and Malaysia as Beijing seeks to strengthen regional ...
China’s Strategic Pursuit of Nuclear Energy Dominance in Africa
By Innocent Batsani-Ncube China is strategically positioning itself to exert significant influence over Africa’s nuclear energy sector in the coming decades. Presently, Russia and France dominate this emerging industry, with the United States playing a lesser role; however, China’s calculated initiatives ...
Power Plays: China’s Changing Energy Financing in Africa
By Wu Tianyi Over the past two decades, Chinese financing in Africa has boomed and waned and undergone cycles of change. Initially dominated by lending from state-owned policy banks for large infrastructure and energy projects, notably in coal and hydropower, the ...
Bolivia Inaugurates Steel Plant Built With Chinese Loan
Short on foreign currency, Bolivia inaugurated a steel plant Monday that it hopes will reduce its reliance on metal imports, thanks to a loan from China. The Mutun megaproject in Puerto Suarez, near Bolivia's border with Brazil, was built at a ...
Rethinking China’s Role in Africa’s Energy Future
By Jiaqi Lu Expanding electricity access is one of the most pressing challenges for Africa’s development, with 600 million people—roughly 43% of the continent’s population—still lacking access to reliable electricity. The 2025 Africa ...
Sri Lanka Signs Landmark $3.7 Billion Deal With Chinese State Oil Giant
Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels ...
XI Hails ‘Historical Opportunity’ for China-Sri Lanka Ties in Talks With President
Chinese leader Xi Jinping said relations between China and Sri Lanka faced a "historical opportunity" to foster ties, in talks with the island nation's President Anura Kumara Dissanayake on Wednesday. "China-Sri Lanka relations face a historical opportunity to build on the ...
Sri Lanka President To Visit China Ahead of Budget
Sri Lanka's president will travel to the island's largest bilateral lender, China, next week ahead of his first national budget, the information minister said Tuesday. The visit comes a month ahead of President Anura Kumara Dissanayake's first budget, which is expected ...
Sri Lanka President to Visit Key Lender China
Sri Lankan President Anura Kumara Dissanayake will travel to the island's largest bilateral lender, China, for talks in January, he said on Saturday, days after completing a long-delayed foreign debt restructuring. China accounted for more than half of Sri Lanka's bilateral ...
Zambia Reaching End of Debt Restructuring Process
Zambia will soon be eligible once again for foreign financing as its debt restructuring negotiations are nearing the end, a French diplomatic source said Tuesday. France, which, along with China, heads the committee of public sector creditors for Zambia, was earlier ...