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According to figures, China is one of the most generous donors of development aid. Or is it? An event organized by the Kiel Institute for the World Economy (IfW) provides new insights. The loans often do not have particularly favorable conditions. Moreover, there is a lack of transparency. Even Chinese officials are often unsure which funding agency grants which sums to which beneficiaries.
By
While China is pounding its chest, EU institutions and member nations are trying to improve their ties with Taiwan. The US is simultaneously supporting the greater integration of the island nation into the United Nations. And Beijing is reacting with its usual harsh rhetoric.
By Redaktion Table
Hong Kong has become the world's most closed-off financial metropolis as a result of the Covid pandemic. But despite a growing impatience from banks and businesses, borders remain tight. Banks are now ranting in an open letter about the collapsing business as a result of extreme quarantine rules.
By Redaktion Table
Every three years, the political leaders of China and African countries meet at the Forum on China-Africa Cooperation. This is the highest-level meeting between the nations. It will be held again in November, but an exact date has not yet been set. Nico Beckert spoke with Marina Rudyak from Heidelberg University about China's lending in Africa, the New Silk Road, and African demands on China.
By Nico Beckert