After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big projects boosted engagement in Nigeria alone more than twelvefold.
These shifts indicate a window of opportunity for African electrification. 60% of Africans still ...
Tag: US-China Relations
Related Posts
U.S. Treasury Chief Says China Talks Could Cover Iran, Russia Oil Buys
The next round of U.S.-China talks could include Chinese purchases of Russian and Iranian oil, U.S. Treasury Secretary Scott Bessent said Monday, a move that would shift the focus of trade negotiations into national security issues. U.S. President Donald Trump has ...
China Says BRICS Not Seeking ‘Confrontation’ After Trump Tariff Threat
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after U.S. President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. "Regarding the imposition ...
BRICS Nations to Gather Without Xi, Putin
By Facundo Fernández Barrio BRICS leaders will meet in Rio de Janeiro from Sunday, with the bloc depleted by the absence of China's Xi Jinping, who is skipping the annual summit of emerging economies for the first time in 12 years.
Rio to Host BRICS Summit Wary of Trump
A summit of BRICS nations will convene in Rio de Janeiro on Sunday and Monday, with members hoping to weigh in on global crises while tiptoeing around U.S. President Donald Trump's policies. The city, with beefed-up security, will play host to ...
Asian Markets Wobble as Trump-Xi Talks Offset by Musk Row
Asian markets stuttered Friday as optimism from "very positive" talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the U.S. leader and Elon Musk. The much-anticipated discussions between the heads of the world's ...
Analysis from Cobus van Staden
Blinken Says Will Meet Chinese Counterpart in Laos Next Week
U.S. Secretary of State Antony Blinken said Friday he would meet his Chinese counterpart Wang Yi next week at an ASEAN ministerial meeting in Laos. "I speak to him on a fairly regular basis, and I'll be seeing him next week, ...
Chinese and Bangladeshi FMs Have a (Very) Early Morning Stopover Meeting in Dhaka
Bangladeshi Foreign Minister AK Abdul Momen headed to the airport early Tuesday morning to greet his Chinese counterpart Qin Gang at 02:00 while his plane refueled in Dhaka on its way to Ethiopia. The pair went to the VIP lounge for ...
Climate, Geopolitics Greatest Threats to African Development: Study
For Africa to achieve its development potential, it needs uninterrupted cooperation with the United States, Europe, and China. This is a key finding of a recent set of future projections by the Institute for Security Studies in South Africa. The study outlined four ...
Poll: More People Still Prefer U.S. Over China as Global Superpower, But to What Extent Depends on Where You Live
The divide between how people in wealthy advanced countries perceive China and those in poorer, less developed countries appears to be widening, according to the findings of a new year-long international poll conducted by the UK-based YouGov-Cambridge Globalism Project. ...
The New Cold War Raises Climate Fears
The U.S.-China relationship's long slide into enemy-ship has now been formalized: we're in a new cold war. This isn't news exactly, but the way the Biden administration made this division the main structuring principle of its new National Security Strategy is ...
USAID Head’s House Testimony A Glimpse of U.S.-China Polarization
The United States’ development agenda in the Global South is increasingly dominated by the determination to contain China’s global influence. This became clear during budget testimony on Wednesday by Samantha Power, the head of the U.S. Agency for International Development (USAID) at the House Foreign Affairs Committee.
Unhappy With Continued Reliance on China for Critical Minerals, U.S. Senators Push Biden to Act
In a rare display of bipartisanship, a group of U.S. Senators this week sent letters to four cabinet members expressing their frustration over the administration's lack of progress in using funds allocated by Congress in the Energy Act of 2020 to build a domestic critical mineral supply chain.