Thursday , November 7 2024

Tag Archives: China

China’s debt grip on Africa

It holds 62% of Africa’s bilateral debt which rose from 1% of GDP to over 15% in a decade  COMMENT | PAOLA SUBACCHI | The pandemic is confronting highly indebted poor countries with a fateful dilemma. As Ethiopian Prime Minister Abiy Ahmed, a Nobel Peace Prize laureate, lamented last April, …

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COMMENT: Return rationality to China-U.S. relations

COMMENT | Xinhua writer Lu Jiafei | At a critical juncture when the world is wrestling with a once-in-a-century global health crisis and the accompanying economic fallout, the importance of a stable and sound China-U.S. relationship cannot be overstated. When Joe Biden assumes the U.S. presidency later Wednesday, he will …

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China announces sanctions on 28 including Pompeo

Beijing, China | XINHUA | China has decided to sanction 28 persons who have seriously violated China’s sovereignty and who have been mainly responsible for a series of crazy U.S. moves on China-related issues, a foreign ministry spokesperson announced on Thursday. They include Michael R. Pompeo, Peter K. Navarro, Robert …

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World economy in 2021

Here’s who will win and who will lose ANALYSIS | STEVE SCHIFFERES | The coronavirus has crippled the world economy. Global GDP in 2020 suffered its sharpest drop since the end of the Second World War, millions were unemployed or furloughed, and governments pumped trillions of dollars into their economies …

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