The Real Story Behind Chinese ‘Debt Diplomacy’ in Africa
Africa’s rising levels of external debt – especially those with China – seem to be a cause for concern for many onlookers.
Africa’s rising levels of external debt – especially those with China – seem to be a cause for concern for many onlookers.
The U.S. overbearing behaviors have raised opposition and criticism from major countries around the world.
The Chinese economy is facing great challenges due to the uncertainties caused by global economy slowdown and resurging protectionism. However, the country has been able to sustain its growth due to the measures that the government has taken to revitalize the economy and the push for economic stability.
In today’s globalized world, trade peace is a win-win condition that every country wants to have. The U.S.-instigated escalation of trade frictions makes world feel the chill of approaching “trade wars”.
“The Ethiopia-China strategic partnership, under the framework of the Belt and Road Initiative, aims to realize the connectivity of the two countries. What’s more important is to create a platform to work together. So this is a great opportunity. It is also the reason that Ethiopia is actively participating in the initiative.”
“It is a national motto of Pakistan, and the meaning is very simple: without unity and discipline, you cannot achieve anything. I think China sets a perfect example in this respect,” the ambassador said.
In the new era, U.S. political leaders, think tanks, scholars and media are aggressively reacting to China becoming the largest economy.
While an early trade agreement is widely anticipated, Asia should seek far more fundamental pathways to secure its long- term growth.
Russia and China have competing interests in the regional economy.
More importantly, the recent rounds of high-level consultations between China and the U.S. have been carried out in an orderly manner under the direction of the heads of state of the two countries.
Indeed, China-U.S. relations have global implications, and this round of China-US trade talks completed last Friday, like any previous rounds, became the center of attention from the media and observers. What progress has been made is what the media want to find out.
Central Asia (CA), located in the center of the Eurasian continent, is a potential transport bridge between Europea and the dynamic Southeast Asia. First of all, the potential of this region is associated with the development of its transit capabilities and its implementation can give a serious impetus to the development of CA states suffering from the land-locked geographic location, the economic crisis, weak economic diversification, and an outdated technological base. Russia traditionally plays an important role in the development of this region, historically, economically and politically associated with most of the states of this region, especially with the former Soviet republics of CA (Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan), and China, which is interested in ensuring the transportation of goods to Europe and ready to make significant investments to create the necessary infrastructure for this under the initiative of the Silk Road Economic Belt (SREB). Security Issue However, we should not forget that the practical implementation of these projects requires ensuring security in this region, especially given its geographical proximity to the states of the Middle East and Afghanistan. Threats to security in this region are mainly transboundary in nature, and the efforts of the states of the region themselves are not enough to overcome them. They need the help of external players to overcome the identified challenges and […]