Tag: Development
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Energy is Going to be the Hot Topic at Upcoming China-Africa Summit
African leaders will soon travel to Beijing to participate in the upcoming Forum on China-Africa Cooperation summit, which will begin on September 4th. Many of those heads of state will arrive in the Chinese capital with a rather long wish list ...
China’s Xi Promises Stronger Fiji Ties in World of ‘Turmoil’
Chinese President Xi Jinping pledged to strengthen ties with Fiji in a world beset with "turmoil" as he met the Pacific island's Prime Minister Sitiveni Rabuka in Beijing on Tuesday. China has stepped up its courtship of South Pacific nations in ...
FOCAC 2024: Three Trends to Watch at This Year’s Africa-China Summit
As leaders from across Africa prepare to gather with their Chinese counterparts for the upcoming Forum on China-Africa Cooperation (FOCAC), all eyes will be on the evolving dynamics of this crucial relationship. The summit, a cornerstone of Sino-African diplomacy for the past two decades, offers key insights ...
A New Vision for European Engagement in Africa (Beyond Confronting China)
Europe is Africa's largest trading partner and its largest source of foreign direct investment. But a lot of that economic engagement is powered by inertia, left over from Europe's long, painful history of colonial exploitation in Africa.
Cambodia Shifts $1.7 Billion Project to Majority Cambodian Ownership Amid Concerns Over Chinese Influence
This article is authored by Han Noy and Sim Chansamnang, both freelance journalists based in Cambodia. In June, Cambodian Prime Minister Hun Manet announced that Cambodians would control 51% of the controversial Funan Techo Canal. Previously, Chinese investors owned the ...
Unlocking Africa’s Clean Energy Potential With Prefeasibility Funding
By Tsitsi Musasike, Jiaqi Lu, Adjekai Adjei, and Kevin P. Gallagher The second decade of China’s Belt and Road Initiative (BRI) promises to be bigger, better, and, importantly, greener. According to the Chinese Loans ...
China Convenes Second Horn of Africa Peace Conference in Beijing
The Chinese government held a second peace conference in Beijing on Monday, bringing together ambassadors and other high-level officials from seven countries in the Horn of Africa. This year's gathering was notable because of the presence of Vice Foreign Minister Chen ...
Cash-Strapped Sri Lanka Set to Sign Key Debt Deals With China and Other Lenders
Sri Lanka has finalized long-delayed debt deals with its bilateral lenders, including China, to meet a key condition of an IMF bailout, the government said Tuesday. A treasury delegation is on its way to France to sign agreements with creditors on ...
The Case for Early Retirement of Chinese Financed Overseas Coal Plants
By Cecilia Springer China leads the world in domestic renewable energy installation and low-carbon manufacturing and is increasingly positioning itself as a climate leader through its development financing in the Global South. However, China ...
Splashy Saudi Mega-Project NEOM Chases Chinese Funds
By Holmes Chan with Robbie Corey-Boulet in Riyadh Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting Chinese investors, detailing plans for a futuristic ski resort and 170-kilometer-long skyscrapers.
The African Union’s Agenda 2063: Positioning China and Other External Partners
China is Africa’s biggest cooperating partner in recent years. The principles underpinning China’s foreign policy on the continent, comprising of equality, respect for sovereignty as well as mutual benefits and co-development, are all reasons for the acceptance and reception of China’s engagements in Africa.
Tang Xiaoyang on Why the U.S., Not China is to Blame for Africa’s Debt Problems
While many in the West still contend Africa's worsening debt crisis is largely due to excessive Chinese lending, Tsinghua University Professor Tang Xiaoyang argues that accusation just isn't true. Instead, the well-known China-Africa scholar contends ...