Tag: debt
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China's Trade With Africa Is up, but That's Not Necessarily a Good Thing
Representatives from 53 African countries are expected to attend the inaugural China-Africa Economic and Trade Expo that will take place in Changsha, capital of the south-central province of Hunan, from June 27-29. Those African officials attending the expo will no doubt have ...
Analyst Explains Why China's "Debt Trap Diplomacy" Critics Are Wrong
China's critics, led largely by the United States, are determined to warn developing countries about the risks of borrowing too much money from Beijing. They contend China will use these loans to financially entrap economically vulnerable countries as part of a broader effort to ...
Confused About China’s Belt & Road Agenda? You’re Not Alone
37 foreign heads of state came to Beijing this week to take part in the second Belt and Road summit hosted by Chinese president Xi Jinping. Some leaders like Kenya’s president Uhuru Kenyatta came with expectations to sign huge infrastructure ...
African Governments Need to Negotiate Better Deals With China. Here's How They Can Do It.
Africa's rising indebtedness to China is prompting concern across the continent that governments need to do a better job negotiating infrastructure financing deals. Too often, critics contend, the Chinese are simply out-maneuvering their African counterparts in the negotiating process.
2018 China-Africa Year in Review
In this special episode of the China in Africa Podcast, Eric & Cobus look back on the most important stories of 2018. Not surprisingly, debt dominated the agenda as key stakeholders on both sides began to show signs of concern that China is lending ...
Africa’s Role in the Ongoing Chinese Debt Crisis Debate
Amid the ongoing discussion over surging debt in Africa, some familiar narratives have emerged about the different actors: Africa is once again being victimized by foreign powers. The West is ...
The U.S. Wants to Challenge China’s Dominance in Lending to Developing Countries. Here’s How They Plan To Do It.
U.S. president Donald Trump signed the Better Utilization of Investments Leading to Development, also known as the BUILD Act, into law on October 5th, creating a powerful new development finance organization that is aimed at challenging China’s dominance in lending to developing countries. The ...
How Media Both Reflects and Directs Increased Anti-Chinese Sentiment in Zambia
This week Eric and Cobus discuss the recent surge of anti-Chinese sentiment in Zambiawhere public anger is on the rise against politicians in both Lusaka and Beijing.
Have We Reached Peak China-Africa?
The 2018 Forum on China-Africa Cooperation summit in Beijing wrapped up last week with the expected fanfare following the announcement that the Chinese provide another $60 billion financial package. While that $60 billion figure was the same as the amount ...
Chinese Money for African Infrastructure Likely to Top FOCAC Agenda
There is a lot on the agenda for the upcoming 2018 Forum on China-Africa Cooperation (FOCAC) summit that will convene in Beijing on September 3. Leaders from 50 African states will be in town to discuss everything from enhanced Sino-African military ties, ...
An Insider’s View of the China-Africa “Debt Trap” Debate
The issue of whether African countries are taking on too much Chinese debt is often positioned in the West as some kind of choice as if Africa policymakers prefer to take loans from the Chinese rather than Western governments or international organizations like the ...
What Should Be on the Agenda at This Fall’s China-Africa Summit
Fifty-two African leaders will meet with their Chinese counterparts in Beijing this September for the triennial Forum on China Africa Cooperation summit. This fall’s FOCAC gathering comes at a critical time in the Sino-African relationship as Xi Jinping’s