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Surprise That China Did Not Commit More of Its IMF Special Drawing Rights Allocation to Africa

Chinese President Xi Jinping's pledge to reallocate $10 billion to African countries of its estimated $40 billion of Special Drawing Rights (SDR) that it received from the International Monetary Fund took some by surprise as being a bit, well, cheap.  "What ...

In State of the Nation Address, Kenyatta Called For Kenya to Become the World’s Next “Asian Miracle”

Kenyan President Uhuru Kenyatta delivered his eighth and final State of the Nation address on Tuesday and used the occasion to justify the massive expansion of the country's debt as part of his plan to accelerate economic growth, much the same way a small group of Asian ...

Xi Lays Out an Ambitious Agenda For Engagement in Africa With a Focus on Vaccines and Trade

Chinese President Xi Jinping unveiled a sweeping package of trade, health, and investment programs that all appear intended to address the continent's immediate demand for combatting the COVID-19 pandemic and sparking economic growth. The president laid out his proposals on Monday ...

China’s Critics Are Piling On Over the Entebbe Airport Story, Even the Originator of the “China Debt Trap” Meme

The online flurry over the Entebbe Airport story is drawing out commentators and critics from all sides of the debate, including the New Delhi-based author and analyst Brahma Chellaney, the man who first coined the phrase "debt-trap diplomacy."  ...

The U.S. State Department Has All But Abandoned the Chinese “Debt Trap” Line, But Pentagon Officials Haven’t

One of the many differences between the Biden State Department and that of his predecessor Donald Trump is that today's U.S. diplomats rarely make any public reference to Chinese "debt traps," very common taking point just a couple of years ago. Inside the State Department, a number ...

Bad Journalism and a Poor Understanding of International Contractual Law Triggers Uproar in Uganda Over Chinese Loans

Officials from both the Chinese and Ugandan governments took to Twitter over the weekend to furiously denounce a report published late last week in the Daily Monitor newspaper, which erroneously claimed that China will seize the Entebbe International Airport as a result of defaulting on ...

FOCAC 8: Building Africa-China Relations That Are More Profitable for Africa

This column was written by CORA, the Collective for the Renewal of Africa, based in Dakar. CORA brings together over 100 researchers and scientists, writers, and artists from across Africa and the diaspora.  The Africa-China Summit currently taking place in Dakar will close ...

China’s Growing Role in Multilateral Development Banks

While China has dramatically curtailed its bilateral development financing in Africa and other regions around the world, Beijing is increasing its engagement in multilateral and regional development banks around the world, including the African Development Bank among others. ...

WEEK IN REVIEW: China Issues Travel Warning For Both Nigeria & DR Congo

The Chinese Foreign Ministry issued a travel warning on Monday for its citizens in both Nigeria and the DR Congo and called on its nationals in high-risk areas in both countries to evacuate immediately. Spokesman Zhao Lijian specifically called on Chinese nationals in the eastern DRC provinces of ...

Why African Countries Can’t Rely on China to Fix The Trade Imbalance

It is beyond doubt that two-way trade will feature heavily in next week’s FOCAC ministerial meeting in Dakar, Senegal as China has already announced plans to further open its market for more African products. While this is a welcome move that will go a long way in ...
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