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Why African Energy Exporters Should Be Concerned About CNOOC’s Interest in a Massive Qatari Gas Deal

One of China's three major oil and gas companies, CNOOC, is reportedly interested in joining the world's largest natural gas project in Qatar. The company's CFO Xie Weizhi said CNOOC is exploring the option to invest in the $29 ...

How China Lends: A Landmark Report on Chinese Loan Contracts

A groundbreaking new analysis by researchers in the United States and Germany provides an unprecedented look inside the contracts that China uses to lend billions of dollars to developing countries around the world. The new ...

China’s Rapidly Evolving Lending Practices in Africa and the Americas

It wasn't that long ago when China lent tens of billions of dollars to developing countries in Africa and the Americas to build vast amounts of badly-needed infrastructure. Now, it appears, those days are over.  ...

Chinese Vaccine Shipments to Africa Pick Up As Beijing Reports 260 Million Doses Delivered Worldwide

Chinese vaccine deliveries to Africa appear to have picked up pace with shipments going to more countries over the past week, according to the latest tracking map produced by CGTN.

CARI: Chinese Lenders Have Provided $7.6 Billion in Debt Relief Since Last Year, Mostly to Africa

Angola is the primary beneficiary of Chinese debt restructuring activities over the past year, accounting for $6.2 billion out of $7.6 billion of total relief provided by Beijing to developing countries in 2020-2021, according to official data compiled by the China-Africa Research Initiative at ...

Update on the Chinese Debt Situation in Africa

Chinese debt relief talks are underway in a number of African countries including Angola, Zambia, Kenya, and Ethiopia among others but you wouldn't really know it. Officials on all sides aren't saying much and there's relatively little press coverage on the ...

Fact Check: Angola is NOT a Good Case Study of Chinese Debt in Africa

The Economist Intelligence Unit's Global Forecasting Director Agathe Demarais characterized China's loan portfolio in Angola as "a good case study" for Beijing's financial engagement across Africa. "Not really," replied Hannah Ryder, CEO of the Beijing-based consultancy Development Reimagined, "it's ...

The Plunge in China’s Overseas Lending

Getting a loan from one of China's two largest policy banks is significantly more difficult than it was just a couple of years ago. According to data from Boston University's Global Development Policy Center, lending by the China Development Bank and ...

Growing Concerns China’s Relief Deal Only Postponed Angolan Debt Crisis

When Angolan finance minister Vera Daves de Sousa announced last week that China reached a debt restructuring deal that would give Luanda "three years of breathing space," the markets largely responded favorably. Things started to look up even ...

Death of the Chinese Debt Trap Narrative

Critics of China's lending practices in Africa and much of the developing world have gone suspiciously quiet over the past 6-7 months. A year or so ago, Kenyans were up in arms over erroneous reports that China was going to seize the Port of ...
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