The risk is that Mr Biden’s domestic bias could make his foreign policy less effective. America needs to find a new way to co-exist with China, with rivalry and co-operation in different areas. Read More Here
Since achieving independence, India has consistently supported anti-colonial and anti-racist liberation struggles in Africa. While the earlier relationship was built on the legacy of colonialism, a wave of liberalization and privatization in India in the 1990s led to a decisive shift in its Africa engagement toward trade and economic matters. Read More Here
All over the world, countries are confronting population stagnation and a fertility bust, a dizzying reversal unmatched in recorded history that will make first-birthday parties a rarer sight than funerals, and empty homes a common eyesore. Read Here | The New York Times
China’s top economic planner has warned that the impact of Covid-19 and increased political risks in countries taking part in the Belt and Road Initiative are among the main challenges the multibillion-dollar project faces in the next five years. A report by the National Development and Reform Commission outlining the country’s development over the course of its […]
When it comes into effect in stages over the next several months and years, the AfCFTA will cover a market of more than 1.2 billion people and up to $3 trillion in combined GDP… On its completion, the AfCFTA will become the largest free trade area in the world since the establishment of the World […]
A new U.S. law designed to keep Chinese telecommunications companies out of American networks is threatening to delay, disrupt, or kill vital U.S. military, diplomatic, and aid programs, particularly in Africa and Asia, where Chinese telecoms are the only game in town. Read Here | Foreign Policy
Two-way trade between China and Africa fell 19.3 per cent in the first half of the year to US$82.37 billion as coronavirus ravaged economies and cut demand for commodities. China, one of the biggest importers of raw materials from Africa, including copper, cobalt and oil, cut its imports from the continent by 31 per cent […]
COVID-19 will trigger a sharp drop in household incomes in Middle East and North African (MENA) countries that are fragile and in conflict situations, such as Afghanistan, Djibouti, Iraq, Lebanon, Sudan, and Somalia. As export earnings suffer and social distancing reduces domestic activity, incomes will decline—especially for informal and low-skilled workers, including within large internally displaced […]
African states expect a devastating impact on their economies this year from the Covid-19 pandemic and are appealing for relief from repayments on billions of dollars in outstanding debt to cope. Most of those appeals involve China, the biggest lender to the continent, but it is unclear how Beijing will respond. Read Here – South China […]
Either Beijing will find innovative ways that benefit debtor nations or it will be seen as just another predatory lender in a long history of empire builders. The backlash to China’s presence in lands around the world will soon follow, along with fractured political and economic relationships that become difficult, if not impossible, to mend. […]
