Tag: trade
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China’s New Agreement With Iran is Important, Just Not That Important Say Experts
This weekend's signing of a highly-anticipated 25-year security and economic cooperation agreement between China and Iran was met with predictable anxiety in Washington and European capitals. The pact, signed by the visiting Chinese Foreign Minister Wang Yi and his Iranian counterpart Mohammad Javad Zarif, calls for cooperation ...
Q&A: Adding Value to Agricultural Exports to China Will be Key to Ethiopia’s Post-COVID Recovery
The ongoing COVID-19 pandemic is among the greatest challenges facing the global community today. While Ethiopia has had an overall successful response to the pandemic with a low rate of infections and deaths, the country has been negatively affected by global trends. According to the World ...
Why Chile’s Growing Trade Dependence on China Provides a Cautionary Tale to Other Small Countries in the Global South
Chile, in recent years, has been very successful in attracting large amounts of Chinese investment in the country's copper and lithium mining sectors, agriculture, and more. So, successful in fact that it's sparked growing concern among lawmakers about the risks of Chinese ownership of key strategic sectors ...
How Smaller Countries Can Negotiate More Effectively With China
China's enormous size affords it tremendous advantages in its relations with smaller countries, particularly developing states in the global south. Beijing regularly leverages its huge economy, growing military power, and diplomatic muscle in international organizations to both cajole and even coerce ...
The Economist Intelligence Unit Mapped Out Chinese Trade and Investment in Africa
The London-based Forecast Director for the Economist Intelligence Unit, Agathe Demarai, has been posting quite a bit lately on China-Africa issues, albeit with varying degrees of accuracy (her assertion that Africa as a continent had a Chinese debt problem is not correct, for example) ...
China-Africa Trade Held Up Last Year Despite the Pandemic
China's top diplomat for Sub-Saharan Africa, Wu Peng, revealed the final two-way China-Africa trade figure for 2020 that came in at $187 billion. All things considered given the massive economic disruptions that occurred last year in both ...
China’s Commerce Ministry Formally Congratulates Ngozi Okonjo-Iweala on Her Appointment as New WTO Head
The Chinese Ministry of Commerce on Monday officially congratulated Nigerian-American Ngozi Okonjo-Iweala on her appointment to become the next Director-General of the World Trade Organization. This was widely expected given that Beijing was among Okonjo-Iweala's more enthusiastic supporters, particularly ...
How Mauritius Fits Into China’s “Small State First” Global Trade Strategy
China is targeting small states like Mauritius, Iceland, and New Zealand to strike free trade agreement and other trade pacts rather than larger, more politically cumbersome regional deals with more powerful entities like the European Union, according to a new article by Lauren Johnston ...
Paul Kagame: “I Don’t Think China Has Forced Any Country in Africa To Take Their Money”
President Paul Kagame joined former U.S. National Security Advisor for what has become a trademark for the Rwandan leader to be brutally frank with U.S. and European interlocutors about sensitive political issues in Africa, including China's presence on the continent. President ...
With a 30:1 Trade Imbalance, Some Wonder How Mauritius Could Ever Benefit From a Free Trade Agreement With China
There was a lot of excitement on January 1st when China's first free trade agreement went into effect with Mauritius, Beijing's first FTA with a country in sub-Saharan Africa. But just a month later many observers are growing concerned about a ...
A New Piece of Equipment in Zambia Will “Help China Get Rid of Its Over-Reliance of Imported Australian Iron Ores”
An article in today's Global Times newspaper, one of China's more bombastic nationalist tabloids, provides a glimpse into how determined Chinese officials are to "decouple" their trade with Australia, especially in the hugely valuable iron sector. Sino-Australian relations deteriorated sharply in 2020 over disputes ...
With the U.S. Likely to Focus Less Attention on China in Africa, Kenya’s Free Trade Deal Now in Question
Outgoing U.S. ambassador to Kenya Kyle McCarter stopped by the State House on Wednesday to meet with President Uhuru Kenyatta (photo). McCarter, a Trump political appointee, will soon be leaving his post now that a new administration has taken power in Washington, D.C. ...