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China may have created a trap for itself with African lending

Asia Pacific Dec 18, 2022

China may have created a trap for itself with African lending

by Antony Sguazzin

Africa is heading toward a repayment crisis, with 22 of 54 nations at risk of so-called debt distress, according to World Bank and International Monetary Fund criteria.

Why Japan still leads in Southeast Asian infrastructure investment

Business | ANALYSIS Dec 6, 2022

Why Japan still leads in Southeast Asian infrastructure investment

by Gabriel Dominguez

Tokyo's position as the top investor allows it to not only counter Beijing’s growing clout in the region but also promote key economic and foreign policy objectives.

A spotlight on Chinese debt bondage

Commentary / World Dec 4, 2022

A spotlight on Chinese debt bondage

by Brahma Chellaney

China’s creditor imperialism holds far-reaching risks — both for the debtors themselves and for the future of the international order.

A breakthrough on climate compensation and seven other takeaways from COP27

World Nov 21, 2022

A breakthrough on climate compensation and seven other takeaways from COP27

by Akshat Rathi and Laura Millan Lombrana

The deal included a historic provision to set up a fund to help poorer countries face the harm caused by climate change.

In a first, rich countries agree to pay for climate damages in poor nations

World Nov 20, 2022

In a first, rich countries agree to pay for climate damages in poor nations

by Brad Plum, Lisa Friedman, Max Bearak and Jenny Gross

The COP27 climate talks in Egypt neared resolution Sunday with a last-minute deal to create a fund to aid poor countries harmed by the impacts of climate change.

At COP27, climate 'loss and damage' funding makes it on the table

World / Science & Health Nov 7, 2022

At COP27, climate 'loss and damage' funding makes it on the table

by Laurie Goering

Some rich nations — including the U.S., EU countries and Australia — have resisted a loss and damage fund, fearing they could face trillions of dollars in liability for damages.

Rich nations may finally need to talk climate reparations at COP27

World Oct 21, 2022

Rich nations may finally need to talk climate reparations at COP27

by Salma El Wardany

The issue of "loss and damage," or how much rich countries should pay to help developing nations cope with climate change, has struggled to gain prominence for years.

In search of a development plan for Asia

Commentary / World Oct 20, 2022

In search of a development plan for Asia

by Andrew Sheng and Xiao Geng

No matter how compelling a top-down development plan for Asia might be, it is highly unlikely to ever be implemented.

Guardians of world economy told to ‘buckle up’ as outlook dims

Business / Economy Oct 16, 2022

Guardians of world economy told to ‘buckle up’ as outlook dims

As the talks ended on Saturday, leaders in global finance pondered the impact of recent moves in the U.K., Saudi Arabia, China and Russia.

Averting debt disaster in the developing world

Commentary / World Sep 21, 2022

Averting debt disaster in the developing world

by Xu Qiyuan and Wan Tailei

The global community needs to do more to pull at risk countries from the brink of debt disaster.

ADB cuts developing Asia growth view on slowing China expansion

Business / Economy Sep 21, 2022

ADB cuts developing Asia growth view on slowing China expansion

by Myungshin Cho and Siegfrid Alegado

Sporadic COVID-19 outbreaks and new lockdowns have weakened China’s growth, which the ADB said will be slower than the rest of developing Asia for the first time in more than three decades.

Sustainable development is a matter of market design

Commentary / World Sep 9, 2022

Sustainable development is a matter of market design

by Andrew Sheng and Xiao Geng

High-level sustainable development objectives need to be implemented at grassroots levels and with the right market structures and incentives.

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