The ninth edition of the Forum on China-Africa Cooperation (FOCAC) concluded last week in Beijing. This triennial summit attracted leaders from more than 50 African countries for a diplomatic fanfare of lavish state dinners,...
Several reports published over the past two weeks shine a light on China’s lending practices abroad, in the context of an ongoing international debt crisis along parts of the BRI. The reports trace the evolution of BRI loans and...
Votes are currently being tallied for Tuesday’s presidential election in Kenya, in which relations with China comprised a major campaign theme. The two main candidates, former deputy president William Ruto and former prime...
Last week, the Zambian government announced that its creditors—a coalition of French and Chinese lenders that includes China Exim Bank—would cancel $2 billion of the country’s $17 billion external debt. The landmark debt...
From an editorial in the Wall Street Journal Asia: A Chinese financial newspaper last month reported a case in which a Shanghai township took two billion yuan ($293 million) in loans intended for a new railway and instead used...
From the Wall Street Journal: China’s assertive stance in the run-up to the Group of 20 nations summit has paid off. In the two weeks before Thursday’s G20 meeting, Beijing called for developing nations to have a...
From Reuters via inquirer.net: Chinese banks need to be on high alert to international financial market risks, the country’s top banking regulator said in remarks published on Tuesday. Traditional business dealings and long-term corporate investment were being replaced with “high-risk and high-return short-term speculation”, said Liu Mingkang, chairman of the China Banking Regulatory Commission . […]
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