Tag: Development
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Worrisome Demographic Trends in China and Africa
Africa is home to the world's youngest and fastest-growing population, creating what proponents call a "demographic dividend." Conversely, China is rapidly becoming one of the world's oldest countries thanks in part to decades of draconian family planning policies that limited most ...
Forecasting China-India in the 21st Century: Is Asia’s Richest Man Overestimating India and Underestimating China?
In a territorial dispute, overestimation by one side of its strength relative to the opposing side is the crux of continuing conflict. At the end of September, Indian billionaire Gautam Adani gave a speech in Singapore celebrating an extremely optimistic message centered on the Indian economy ...
How Will the Debt Crisis Affect China’s Image as a Development Partner?
By Lukas Fiala As the debt crisis across the Global South accelerates, many commentators are weighing in on the drivers and implications of repayment difficulties and defaults. Unsurprisingly, as a major bilateral creditor to many governments across the developing world, China is ...
What Do the African Development Bank Annual Meetings Mean for Chinese Energy Finance in Africa?
By Oyintarelado (Tarela) Moses This week, the African Development Bank (AfDB) convenes its annual meetings in Accra, Ghana under the theme of Achieving Climate Resilience and a Just Energy Transition for Africa. As countries throughout the region experience the effects ...
What Do We Mean by ‘Global South’?
By Lukas Fiala and Hugo Jones This week, the China-Africa project formally rebranded to become the Global South Project. As authors of this similarly titled newsletter, we at China Foresight see this as an opportunity to critically reflect upon how we ...
Can Shenzhen’s Special Economic Zone Miracle Offer Insights to Africa’s Economic Recovery?
The COVID-19 pandemic has affected every country and its citizens, though it has not impacted them equally, particularly those in the African continent. Makhtar Sop Diop, a Senegalese economist, and politician who has been serving as the Managing Director of the International Finance Corporation since 2021 wrote ...
The Case for Cooperation Between Chinese and Western Development Finance Institutions
By Oyintarelado (Tarela) Moses Chinese lenders participating in the Belt and Road Initiative (BRI) conduct business within a broader ecosystem of financing for development. This complex web of actors work in a coordinated credit space, comprising development finance institutions, commercial ...
Lessons For South Africa From China’s Tech Hub in Shenzhen
As South African policymakers plot their country's economic revival from the past several years of worsening economic crisis, boosting the country's tech industry is going to play a pivotal role in their plans. Grace Yuehan Wang, a researcher at the South ...
Global Times Claps Back at Japan’s ‘Debt Trap’ Allegations
China’s government-owned nationalist tabloid Global Times has hit back at comments by Japan’s Foreign Minister Yoshimasa Hayashi (photo) that Japan will help developing countries out of China’s ‘debt traps.’ GT called the debt trap allegation “an insult to ...
The Only Way is South
Earlier this week, we highlighted a tweet from the Africa News journalist Ronald Kato: “Can safely argue at this point that the recent EU-Africa summit was a waste of time. The Global Gway is dead.”
How Effective is China’s Foreign Aid? The IMF Takes a Look
While China's financing to the Global South has reshaped international development, many misconceptions exist about the nature of this funding. While China is a major funder of infrastructure, experts on international development have pointed out that it is not ...
If the EU Really Wants to Challenge China in Africa, It’s Going to Have to Do Better
European leaders were all smiles on Friday at the end of a two-day summit in Brussels with their African counterparts which they hope will reset strained ties. The highlight of the summit was the announcement of a hugely ambitious $170 billion ...