Tag: Transparency
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This Year’s FOCAC Should Focus on Development Projects That Are Both Economically and Environmentally Sustainable
Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists, and business leaders about what they hope will emerge from the FOCAC event in Dakar. If you ...
FOCAC PERSPECTIVES: If China Wants to Improve Its Standing With African Publics, It Should Promote Transparency and Insist on the Publication of Loan Contracts
Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists, and business leaders about what they hope will emerge from the FOCAC event in Dakar. If ...
Liberia’s House of Reps Blocks Controversial Chinese Mining Deal
A fascinating political struggle is playing out in Liberia over a controversial 25-year iron ore deal with Chinese company BAO Chico. Last week, the Senate ratified the deal in what critics contend was effectively a rubber stamp decision after only minimal discussion and no expert ...
World Bank Chief David Malpass on Debt Transparency and the Challenges of Working With the Chinese
World Bank President David Malpass pushed back against the suggestion that China engages in predatory lending to developing countries and instead described the lack of transparency in working with China as a "challenge." Malpass made the comments during an interview on Sunday with CBS Face the Nation ...
For the Second Day in a Row, Liberia’s Daily Observer Editorial Board Slams Government Over Secrecy in Chinese Mining Deal
The Editorial Board at one of Liberia's largest newspapers, the Daily Observer, is keeping up the pressure on the government by demanding for the second day in a row that it release the details of a 25-year iron ore deal with the Chinese ...
Liberian Senate Approves Controversial Resources-For-Infrastructure Deal With Chinese Mining Company
The Liberian Senate voted on Friday to approve a controversial $2.5 billion iron ore for infrastructure deal with the Chinese mining giant BAO Chico. The origins of the deal date back to the 2018 FOCAC summit when President George Weah negotiated the arrangement ...
In Glasgow, Biden Positioned His Global Infrastructure Plan Against China’s Without Actually Saying “China”
U.S. President Joe Biden addressed the COP26 meeting in Glasgow, Scotland on Tuesday. He used some of his time to restate the broad principles guiding his Build Back Better World (B3W) initiative that is ostensibly intended to build infrastructure in developing countries but is also ...
A Kenyan MP Reflects On What Achieving Real “Win-Win” Ties With China Will Take
With the triennial Forum on China-Africa Cooperation Summit coming up next month in Dakar, there's growing public discussion about how African stakeholders can achieve a more equitable arrangement with China. There's a sense in many quarters, that two decades into China's ...
A 2021 Update On What We Know About Chinese Lending to African Countries
There's ample evidence of a sharp decline in Chinese lending to developing countries, specifically in Africa. But that doesn't mean that China is out of the development financing game altogether. Zainab Usman, director of the Africa Program at Carnegie Endowment for ...
How China Lends: A Landmark Report on Chinese Loan Contracts
A groundbreaking new analysis by researchers in the United States and Germany provides an unprecedented look inside the contracts that China uses to lend billions of dollars to developing countries around the world. The new ...
Disclose the Debt!
If you’re into curling up with a cup of coffee and an 85-page report on Chinese lending, you can’t go wrong with AidData’s How China Lends: A Rare Look into 100 Debt Contracts with Foreign Governments (PDF). One of the most striking findings in ...
New Report on Chinese Loans Challenges China’s “Win-Win” Narrative
The release of Wednesday's groundbreaking report that analyzed 100 Chinese state-backed loans to developing countries over a three-year period sparked considerable international media coverage. While the 77-page report produced by researchers at AidData, the Washington-based Center for Global Development (CGD), ...