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China Launches Investigation Into Beef Imports
China's commerce ministry launched an investigation into imported beef on Friday at the request of representatives from its struggling domestic industry. The local price of beef in China has trended downwards in recent years, with analysts blaming oversupply and a lack ...
World Bank Boosts China’s Growth Forecasts, Calls for Structural Reforms
The World Bank has revised its growth outlook for China upward but warned that the country must implement bold structural reforms to address persistent economic vulnerabilities. In its December 2024 China Economic Update, the World Bank forecasted GDP growth ...
Zambia Reaching End of Debt Restructuring Process
Zambia will soon be eligible once again for foreign financing as its debt restructuring negotiations are nearing the end, a French diplomatic source said Tuesday. France, which, along with China, heads the committee of public sector creditors for Zambia, was earlier ...
China Manufacturing Expands for Second Straight Month
China saw an uptick in industrial output for the second straight month in November, government data showed Saturday, an encouraging sign for officials as they battle stagnant activity. Beijing has, in recent weeks, announced a slew of the most aggressive measures ...
Update on the State of the BRI in the New “Small and Beautiful” Era
There's been a lot of talk in recent years about the new "small and beautiful" doctrine that now guides China's Belt and Road Initiative. The problem is that a lot of people still do not understand what it actually means in ...
China Endorses ‘Small and Beautiful’ Projects in Africa Despite Challenges
By Liu Shuang and Wang Ye China renewed its commitments to Africa this September at the Forum on China-Africa Cooperation (FOCAC) in Beijing. The renewal included endorsing “small and beautiful” livelihood-improving projects and bankrolling sustainable energy projects. The idea of small and ...
IMF Chief Seeks More Details on BRICS Payments System Plans
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday. The meeting of the BRICS -- meaning Brazil, Russia, ...
Can China’s New BRI Bonds Spur Sustainable Development?
By Jiang Mengnan In June of this year, the Bank of China (BOC) issued the first sustainable development bonds, for which all funds raised were directed towards countries affiliated with the Belt and Road Initiative (BRI), according to the bank’s website. The ...
Back to the Future: Milei’s U-turn on China
By Bruno Binetti Argentine President Javier Milei has had a change of heart regarding China. Although he was highly critical of Beijing during the electoral campaign — famously declaring he would refuse all ties with "Communists" and backing out of joining ...
Beyond Railways and Ports: China’s Evolving Lending Strategy in Africa
Chinese lending to African countries rebounded in a big way in 2023 after seven consecutive years of decline. Last year, Chinese lenders approved loans totaling $4.61 billion to African borrowers, a dramatic increase over the $922 million lent in 2022, according ...
Maldives’ Pro-China Leader in India to Repair Frail Ties
Maldives President Mohamed Muizzu was given a red carpet welcome on his first state visit to India on Monday. The trip aimed at repairing frail ties between the South Asian neighbors. Pro-China Muizzu came to power a year ago on a ...
How the BRI Undermined Beijing’s Bid to Revive Globalization
By Lukas Fiala Last week’s Belt and Road Summit in Hong Kong served as a reminder of the conflicted ongoing legacy of the BRI over a decade after its initiation. When first articulated as a strategic vision to connect China with ...