Tag: Global South
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Chinese Mobile Phone Giant Transsion Delivered Outstanding Financial Results, But Investors Still Ditched the Stock. Why?
Transsion, the world's fourth largest phone company that dominates the device market across large swathes of the Global South, shed a stunning $2 billion of its market cap in a single day last month after investors dumped the company's stock en masse. What's ...
Matching Deeds With Words? The Coming of Age of the “China Model”
China’s economic statecraft across the developing world continues to receive global media attention. From the infamous and largely debunked “debt trap” to China’s future as a development financier, the country’s lending practices have primarily been connected to its record-breaking economic growth in the past.
Developing Countries’ Debt Servicing Costs to China Are Significant, but Nowhere Near as Much as Other Creditors
Developing countries spent a staggering $294 billion to service their debts in 2022, a figure that's expected to balloon by a third this year, according to the findings of a new report published by the UK NGO ONE Campaign. While China ...
Leaders from Recipient Countries Weigh In on BRI: Report
The future of China’s Belt and Road Initiative (BRI) is preoccupying China watchers around the world. However, the debate frequently leaves out the most important stakeholders: leaders from recipient countries. A new report from AidData polled leaders and senior officials from ...
China, Paraguay Trade Barbs Over Soy Trade
The Chinese government refuted claims by Paraguayan President Santiago Peña that even though the South American country maintains diplomatic ties with Taiwan, it will nonetheless continue to sell soybeans to China. "Contrary to what President Peña said, China has imported zero soy ...
The Scholarly Debate Over Whether China Aims to ‘Weaponize’ the Global South Against the U.S.
There's an increasingly widespread perception among some scholars and government officials in the U.S. that China is leveraging its considerable influence in developing countries to mobilize them against the U.S.-led international order. Michael Shuman, a non-resident senior fellow at the Atlantic ...
Author Jeremy Garlick on China’s Strategic Advantage in the Global South
U.S. and European officials often lament that they've fallen behind China when it comes to engaging Africa, Asia, the Americas, and other developing regions. Western governments aren't set up to rapidly deploy the kind of money and resources that Beijing's done ...
Does China Own the Future?
The FT columnist Gillian Tett argued this week that global markets are revealing an interesting paradox: on the one, hand, rising stock prices show that investors are feeling somewhat more optimistic about the future. On the other, gold and bitcoin (both seen as hedges against losses and volatility) ...
The Overwhelming 2024-Ness of It All
In so many ways, 2024 feels like an inflection point — one of those years that carries within it a future yet unformed. The U.S. election is of course the most prominent of these trends. If Donald Trump becomes the Rublican ...
What Exactly is the “Global South”?
Academics and think tank analysts, predominantly in the U.S. and Europe, spend a lot of time debating whether it's appropriate to use the nomenclature "Global South" to describe developing countries in Africa, Asia, and the Americas, among other regions.
Scholars, Analysts Meet in Washington to Discuss China’s Influence in the Global South
Scholars and analysts from around the world gathered at the Washington, D.C. headquarters of The Atlantic Council think tank on Wednesday for a two-day conference focused on evaluating China's growing influence in Asia, Africa, the Americas and other developing regions. The ...
The Global South is Entering a New Era Led by China, Not the West: Chinese Scholar
The decline of the U.S. and the West is a foregone conclusion, as is the rise of the Global South, led by China, and these trends are going to take precipitous strides this year. This view is outlined in a new paper by a Chinese academic and ...