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Loans: China’s Africa financing nearly halved in 2024

China’s lending to Africa fell sharply in 2024 from the previous year. Beijing is moving away from multi-billion-dollar, US-dollar infrastructure projects and increasingly shifting toward more selective financing in renminbi.

By Yi Ling Pan

Vietnam: Party Chief To to elevate ties with the EU

The European Union and Vietnam will upgrade their relationship during a visit by European Council President António Costa to Hanoi on Thursday. This is expected to lead to greater cooperation across several areas, including research, technology, energy and critical raw materials.

By Julia Fiedler