Tag: Ethiopia
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A New Chapter of ‘Going out’ in the Making?
By Lukas Fiala Walking through the halls at the Paris Air Show, the world’s largest aerospace exhibition, last week demonstrated once more the emergence of a novel chapter of China’s global outreach: high-tech aeronautics and aerospace cooperation. From the Aviation Industry ...
Trend to Watch: More Hunan Cities Launch Commercial Diplomacy Initiatives in Africa
Representatives from 50 African countries are expected to participate in the upcoming China-Africa Trade Expo that will take place for the third time in the central Chinese province of Hunan beginning on June 29th. The expo serves as an important showcase for ...
Ethiopian Foreign Minister Wraps Up 5-Day Visit to China
Ethiopian Foreign Minister Demeke Mekonnen Hassen, who is also deputy prime minister, concluded a five-day visit to China on Sunday following meetings with his Chinese counterpart Qin Gang and Chinese Vice President Han Zheng. None of the readouts from Chinese state media provided ...
Eritrean President Isaias Afwerki Kicks Off Four-Day Visit to China, Meeting With Xi Set For This Week
Eritrean President Isaias Afwerki met with Chinese Premier Li Qiang on Monday, the first day of a near-week-long state visit to Beijing. This is the President's first visit to China since 2006 and his first since Eritrea joined the Belt and Road ...
Connecting the Dots: China’s Hebei Province and Africa
Beyond the central government and the Chinese Communist Party, China's engagement with African countries is increasingly being driven by its provinces. Hebei, the crescent-shaped province circling Beijing, is a key example. We tracked how Hebei is boosting China's presence in Africa across three different sectors:
IMF, World Bank Losing Patience With China Over Debt Relief Standoff
China's ongoing stand-off with multilateral lenders over debt relief terms for developing countries will be a prominent issue at International Monetary Fund and World Bank's annual week-long gathering known as the Spring Meetings that get underway on Monday in Washington, D.C. ...
How Far Ahead Is China in the Battery Race? Pretty Far.
China is sprinting ahead in the global race for critical minerals used to make batteries for electric cars, leaving Western competitors scrambling to catch up. Chinese companies’ early investment into the extraction of lithium and cobalt in Africa was key to this success, according to a detailed new report by ...
How Significant Is China’s Role in the Saudi-Iran Rapprochement?
By Chris Alden, Felix Brender and Lukas Fiala Saudi Arabia’s and Iran’s decision to restore diplomatic relations has taken many observers by surprise. Even more so, the fact that Beijing was presented as the mediator bringing to an end the seven-year hiatus ...
Rays of Hope Following China Settlement in Sri Lanka
China’s commitment to supporting Sri Lanka’s debt restructuring in line with other bilateral creditors is a major step towards securing a rescue package from the International Monetary Fund. However, it’s still unclear how negotiations will proceed, as the country suffers from food and ...
WEEK IN REVIEW: Apple’s Chinese Suppliers Reportedly Moving Production out of the Country at a Much Faster Rate Than Forecast
Apple's Chinese suppliers are reportedly moving production out of the country at a much faster rate than previously forecast, according to one of the company's largest partners. AirPods maker GoerTek Inc. said it is shifting manufacturing to Vietnam and other Asian countries to avoid the fallout from escalating ...
China Denies Ethiopian Media Report It’s Providing Addis Ababa With “Alternative Means” of Debt Relief
The Chinese Ministry of Foreign Affairs flatly denied a report published in the English-language Ethiopian news site The Reporter that "China agreed to restructure Ethiopia’s debt through alternative means." Ethiopia is the second-largest recipient of Chinese loans in Africa, behind Angola, ...
In Crafting Special Economic Zones, Ethiopia and Vietnam Learned from China and Taiwan
By Keyi Tang The Taliban administration recently announced plans to convert former US military bases into special economic zones (SEZs) with the aim of promoting economic self-sufficiency through increased trade and investment. The Taliban are not ...