Small businesses are vital to Nigeria's economy. Yet institutional corruption trickles down and stymies their growth, hindering the country's economic development.
Still suffering from the economic crises, feeling betrayed by Europe for the lack of solidarity on the immigration and economic crises, Rome has slowly turned to the emerging actor on the globe, brushing up on its historical ties.
Questions remain about how committed the Chinese Communist Party (CCP) is to continue “reform and opening” even as Xi seeks to advance CCP control in every sector.
President Xi Jinping travels to Italy and France this month for his first overseas trip of 2019. His visit comes soon after the European Commission labeled China a “systemic rival” and “economic competitor.”
The bottom line is that bridging to G7 nations such as Italy and France and getting global recognition for the BRI are now top Chinese priorities. China wants to be seen as the new champion of multilateralism.
European governments fear that Huawei’s cheap 5G technology will come with risky strings attached—but they may not have a choice. Or do they?
As they consider how to react diplomatically to China’s latest authoritarian turn, Western policymakers must understand the country’s complicated political history and the views of Chinese citizens more deeply.
Algeria’s recent protests have highlighted existing divisions within the business class that are only likely to widen further.
By establishing structural transformation as the China International Development Cooperation Agency’s core objective, Beijing will have an opportunity to take a leadership role in advancing the international development agenda.
While Russia remains Astana’s closest political ally, China is gradually becoming the main economic partner of Kazakhstan.