With U.S.-South Africa ties in the deep freeze, it was notable to see the sheer size of the U.S. delegation sent to this week’s Mining Indaba in Cape Town – one of the most prominent industry gatherings and one of the few where the Global South gets a prominent voice.
The Trump administration’s famous Afrophobia seems (momentarily at least) tempered by its greed for minerals. It is reportedly walking ...
Tag: People's Bank of China
Related Posts
China, Indonesia Sign Broad Cooperation Agreements
Chinese Premier Li Qiang and Indonesian President Prabowo Subianto signed memoranda of understanding this weekend, which could result in broad-based cooperation. They pledged to work together on boosting tourism, agricultural exports, traditional and contemporary medicine, investment, and media collaboration. This cooperation ...
Brazil’s Lula Clinches Deals in Beijing
Brazil announced a currency swap agreement with the People's Bank of China for $27.69 billion over five years. The announcement comes as $4.5 billion in trade and investment deals were signed. These include a $881.6 million deal for the delivery service Meituan ...
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 ...
Economy Minister Sergio Massa Leads Argentina’s Pivot to China, Racking Up Some Big Wins During Recent Visit
Argentinian Economy Minister Sergio Massa wrapped up a near-week-long visit to China on Saturday. Early indications are that it was an enormously successful trip. Massa arrived in Beijing last week with a long list of things he needed to get done to ...
China’s Central Bank Chief Signals Beijing Will Cooperate With Other International Creditors on Debt Relief
The head of China's central bank, Yi Gang, provided the clearest indication to date Beijing is willing to retreat from its demand that multilateral development banks (MDBs) also take write-downs on their loans to the world's poorest countries. Yi told participants at ...
Analysis from Cobus van Staden
Chinese Central Bank Official Explains Why Beijing Is so Worried About Debt Restructuring
A senior official with the People's Bank of China, the country's central, provided new insights as to why Beijing is demanding that multilateral development banks (MDBs) also take losses on their loans to developing countries -- a key sticking point that has brought debt restructuring processes in several ...