Rajpriya Gautam

China’s role in debt renegotiation processes has become very controversial, with U.S. officials like Treasury Secretary Janet Yellen  singling Beijing out as a “barrier”  to resolving debt distress. However,  a new report  by a team of prominent Africa-China researchers argues that China conducted itself quite well under the G20’s  Debt Service Suspension Initiative (DSSI) , a pandemic-era debt relief mechanism that fed into the current debt relief process. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More so...

U.S. Vice President Kamala Harris is back in Washington, D.C., after wrapping up a week-long, three-nation tour of sub-Saharan Africa over the weekend. Before she left,  Harris held a press conference on Friday with President Haikinde Hichilema , where she gently prodded China to do more to restart Lusaka’s stalled debt restructuring process. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://chinaglobalsouth.com/2023/04/03/african-leaders-to-kamala-harris-were-going-to-work-with-both-the-u-s-and-china/

Nigeria’s Vice President Yemi Osinbajo pushed back against Western criticisms of Chinese engagement in Africa, saying concerns over predatory lending are “an overreaction.” The Vice President spoke at King’s College in London , where he also reminded the audience that “the history of loans from Western institutions is not great. The memory of the destructive conditionalities of the Bretton Woods loans are still fresh and the debris is everywhere.” Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://chinaglobalsouth.com/2...

The Ford Motor Company is teaming up with Indonesia’s PT Vale and Chinese mining giant Zhejiang Huayou Cobalt to buy the Pomalaa nickel processing plant in Indonesia. The $4.5 billion venture deepens the U.S.-automaker’s stake in the battery metal supply chain  in a bid to lock in supplies of key resources, including cobalt, graphite and lithium, among other metals. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://chinaglobalsouth.com/2023/04/03/ford-teams-up-with-chinese-indonesian-companies-in-nickel-venture/ ...

One of the main priorities of last year’s landmark environmental legislation in the U.S. (known as the Inflation Reduction Act) is to reduce, even eliminate China’s role in the electric vehicle supply chain, particularly when it comes to batteries. But that legislation and the drive to decouple the U.S. EV supply chain from Chinese suppliers run up against Chinese firms’ continued dominance in the mining and processing of the critical resources needed to power EVs. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://chinaglo...

As South Africa’s power woes worsen, Cape Town is seeking to double electricity supplies from hydropower from the current 200 megawatts (MW) in a desperate bid to reduce the impact of chronic power outages. South Africa’s second-biggest city is trying to reduce its reliance on the national utility, Eskom which is struggling to meet electricity demand. This has seen the company impose rotational blackouts which are sometimes lasting more than 10 hours every day . Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://chinagloba...

Singaporean Prime Minister Lee Hsien Loong embarked on a week-long trip to China on Monday that will include meetings with both President Xi Jinping and Premier Li Qiang.  The visit marks the Singaporean leader’s first visit to China since the COVID-19 pandemic.  (STRAITS TIMES) Ghanaian Finance Minister Ken Ofori-Atta said he had “positive and encouraging meetings” during his visit last week to Beijing, where he sought Chinese debt relief assistance.  The finance minister did not specify whether or how Chinese creditors would restructure $1.7 billion of loans to Ghanaian borrowers.  (JOY NEWS) Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unli...