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China’s Africa Lending Drops 46% as Strategic Reset Takes Hold
Chinese lending to Africa fell to $2.1 billion in 2024, marking a 46% decline from the previous year and the first annual drop since the COVID-19 pandemic, according to Boston University's updated Chinese Loans to Africa Database. The downturn signals Beijing's ...
Chile's outgoing President Gabriel Boric greets president-elect Jose Antonio Kast during an army-change-of-command ceremony, where the Commander in Chief of the Army, General Javier Iturriaga hands over the command to General Pedro Varela, in Santiago, Chile, March 9, 2026. REUTERS/Pablo Sanhueza
A political transition is underway in Chile this week. President-elect José Kast will be sworn in on Wednesday, and Chile’s long-standing commercial relationship with China will be put to the test. Just days before the inauguration, a dispute about a Chinese submarine cable project ...
China’s Africa Lending Drops 46% as Strategic Reset Takes Hold
Chinese lending to Africa fell to $2.1 billion in 2024, marking a 46% decline from the previous year and the first annual drop since the COVID-19 pandemic, according to Boston University's updated Chinese Loans to Africa Database. The downturn signals Beijing's ...