Courtesy of Semafor, an article on China’s growing efforts to woo, Eswatini, Taiwan’s last African ally: China is building up its business and economic interests in Eswatini in a sign that Taiwan’s last African ally is gradually pivoting towards Beijing. The southern African country was the only one of Africa’s 54 countries that declined to […]
Read more »Via The Diplomat, commentary on how – despite criticism and skepticism – China seems to be Africa’s last hope, if not its best bet: The Forum on China-Africa Cooperation (FOCAC) summit was held in Beijing from September 4 to 6. During the summit, Chinese President Xi Jinping told delegates from more than 50 African states that Beijing was ready […]
Read more »Via Nikkei Asia, a look at how Beijing’s backing of Cambodian infrastructure could alter regional balance of power: While geopolitical tensions between China and the U.S. have soared in the South China Sea and Taiwan Strait, raising serious fears of war, another important body of water in the Indo-Pacific — the Gulf of Thailand — […]
Read more »Via Eurasia Review, a report on how – as China buys less oil – Angola struggles to repay its debt: Angola’s long-running financial relationship with China has been built on a simple equation: Angola would repay its growing Chinese debt with oil, a strategy that became known as the Angola Model. The strategy is faltering, […]
Read more »Courtesy of The Financial Times, an article on Chinese hotpot companies and their growing focus on international market to make up for weak Chinese domestic demand: Chinese hotpot meals are social events with diners sharing a steaming pot of soup. These restaurants were understandably hit hard during the pandemic due to social-distancing requirements. Now they […]
Read more »Via Bloomberg, an article on China’s agreement to revamp a railway linking Zambia with Tanzania: Line links copper-rich Zambia with Tanzania’s main ocean port China’s move follows US support for rail link going to Angola China signed an agreement Wednesday to revamp a railway that will help landlocked Zambia, Africa’s second-largest copper producer, export the […]
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