Tag: economics
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The New “Washington Dissensus” & the Uncertain Future of Global Economic Leadership
By Lukas Fiala With markets reeling from U.S. President Donald Trump’s tariff bazooka, economists around the world are seemingly waking up to the new reality of the "Washington Dissensus." America rejects the very idea of the world it has created, its ...
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Pulling China In: The Political Goals and Project Needs Behind Latin America’s Loans From China
By Zara C. Albright Since Latin American countries began borrowing from China’s development finance institutions (DFIs) nearly two decades ago, loans from the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) have played a significant role in ...
FOCAC 9: A New Five-Point Strategy for Africa-China Relations
As we approach the ninth Forum on China-Africa Cooperation (FOCAC), it's time for African nations to reimagine their engagement with China. This upcoming summit is a watershed moment, as this will be the first FOCAC meeting since the COVID-19 pandemic disrupted the well-established patterns of exchange between ...
China-Africa Relations in 2024: Insights From Six Experts
China's engagement in Africa is at a critical inflection point where many of the various stakeholders in this important relationship are re-evaluating what they want from the other. In this special episode, we speak with ...
The Africa-China 2023 Year in Review
2023 was a transformative year for China’s ties with Africa. Chinese investment, trade, and diplomatic engagement were either flat or declined sharply over the past year, highlighting how this once-vibrant relationship is now entering a new, more austere period.
Chile's outgoing President Gabriel Boric greets president-elect Jose Antonio Kast during an army-change-of-command ceremony, where the Commander in Chief of the Army, General Javier Iturriaga hands over the command to General Pedro Varela, in Santiago, Chile, March 9, 2026. REUTERS/Pablo Sanhueza
A political transition is underway in Chile this week. President-elect José Kast will be sworn in on Wednesday, and Chile’s long-standing commercial relationship with China will be put to the test. Just days before the inauguration, a dispute about a Chinese submarine cable project ...
The New “Washington Dissensus” & the Uncertain Future of Global Economic Leadership
By Lukas Fiala With markets reeling from U.S. President Donald Trump’s tariff bazooka, economists around the world are seemingly waking up to the new reality of the "Washington Dissensus." America rejects the very idea of the world it has created, its ...
Pulling China In: The Political Goals and Project Needs Behind Latin America’s Loans From China
By Zara C. Albright Since Latin American countries began borrowing from China’s development finance institutions (DFIs) nearly two decades ago, loans from the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) have played a significant role in ...
FOCAC 9: A New Five-Point Strategy for Africa-China Relations
As we approach the ninth Forum on China-Africa Cooperation (FOCAC), it's time for African nations to reimagine their engagement with China. This upcoming summit is a watershed moment, as this will be the first FOCAC meeting since the COVID-19 pandemic disrupted the well-established patterns of exchange between ...
China-Africa Relations in 2024: Insights From Six Experts
China's engagement in Africa is at a critical inflection point where many of the various stakeholders in this important relationship are re-evaluating what they want from the other. In this special episode, we speak with ...
The Africa-China 2023 Year in Review
2023 was a transformative year for China’s ties with Africa. Chinese investment, trade, and diplomatic engagement were either flat or declined sharply over the past year, highlighting how this once-vibrant relationship is now entering a new, more austere period.
Africa’s Prominent Role in the New “BRICS6”
The once lifeless BRICS bloc got a big boost of energy this week with the addition of six new members including two additional African states from Egypt and Ethiopia. Together, African countries will now account for nearly a third of the ...
Nigerians’ (Misplaced) Anxiety About Chinese Debt
For years, Nigerian politicians and media reports have issued breathless warnings about the dangers of becoming too indebted to China, fearing the dreaded "debt trap" and the risk of surrendering the country's strategic assets. While ...
South-South Cooperation in Economically Perilous Times
For 70+ years, development economists have been touting the idea that if lesser developed countries trade and invest collaboratively, it would serve as a pathway out of poverty. But today, the notion of so-called South-South cooperation is facing unprecedented challenges as ...
Why It Isn’t China’s Fault Its Trade With Africa Is So Distorted
China is forecast to break another trade record with Africa this year, potentially even crossing the $300 billion barrier. While that sounds great, the big number masks a distorted trading relationship that is mostly concentrated in extractives among a small handful ...
Ramaphosa Again Holds Up China as a Development Model for South Africa
South African President Cyril Ramaphosa referenced China as a model for South Africa to lessen its sky-high unemployment problem. Ramaphosa was addressing the country's parliament in a follow-up debate to his annual State of the Nation Address, which took place on 10 February.
Why African Countries Can’t Rely on China to Fix The Trade Imbalance
It is beyond doubt that two-way trade will feature heavily in next week’s FOCAC ministerial meeting in Dakar, Senegal as China has already announced plans to further open its market for more African products. While this is a welcome move that will go a long way in ...
Gyude Moore Tries To Dispel Some of the Most Durable American Misperceptions About the Chinese in Africa
Gyude Moore, the former Liberian public works minister and now a senior fellow at the Center for Global Development joined prominent China scholar Damien Ma, director and co-founder of MacroPolo, the in-house think tank of the Paulson Institute in Chicago, for an online discussion that ...