China-Africa
Reports on China-Africa See all →
Dim prospects for developing countries
Developing countries are facing some favorable global conditions, with cheap financing, rising commodity prices, and foreign investors looking for opportunity. But three roadblocks will prevent improved growth in Africa and other developing economies: government involvement in the market, an outsize bureaucracy, and an undereducated labor force. The solutions now being pursued, from a new African trade bloc to Chinese investment, are not likely to succeed.
China’s nuclear energy ambitions
China is pushing to become the leading exporter of civilian nuclear technology. Its first domestically designed reactor is a hard sell abroad due to regulatory barriers and safety concerns, and the market for nuclear power is stagnant at best. Beijing, however, can afford to offer incentives to buyers and is ...
China modifies its lending strategy to Africa and Latin America
China has overtaken the IMF and the World Bank as the biggest provider of loans to African and Latin American governments. But that could soon change as slower Chinese growth and huge investments in Eurasian transportation networks have crimped Beijing’s finances. The inevitable cutbacks will strain what has been a ...
Partnership with China may be risky attraction for France
China’s interest in closer relations with France presents an impressive array of opportunities and risks. Economically, China’s hunger for technology and resources and France’s need for cash and markets make for a good fit between the partners. Yet Paris must weigh the benefits of Realpolitik against the dangers of strengthening ...
