Category: developing countries

Beijing Can’t Continue Its Deceitful Trade Practices If China Loses ‘Developing Country’ Status: Expert

April 2, 2023
Bill ClintonChinaChina Business & EconomyChinese Regimedeveloping countriesdeveloping country statusInternational RelationsThreat from Communist ChinaUS-China relationsWorld Trade Organization (WTO)
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News Analysis U.S. House lawmakers have unanimously voted to revoke China’s “developing country” status. China experts believe that the passage of this bill will make it difficult for the Chinese Communist Party (CCP) to continue its deceitful trade practices in the international community. On March 27, the U.S. House of Representatives passed a bill to…

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Investing: Don’t Give up on Developing Markets

November 14, 2022
Brightdeveloping countriesemerging marketsinvestinginvestorspersonal financestocks
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By James K. Glassman From Kiplinger’s Personal Finance Most investors today worry about inflation and the response to it from the Federal Reserve, but it’s time for a longer view. If you’re buying stocks for gains over the next 10 years or more, you need to imagine the contours of the future. A July report…

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US and G-7 Development Initiative: Good Idea but Maybe Too Little, Too Late

July 18, 2022
Belt and Road Initiative (BRI)Business & MarketsBusiness Columnistsdebt trap diplomacydeveloping countriesGII MemorandumOpinionThinking About ChinaViewpoints
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Commentary The Global Infrastructure and Investment with $600 billion in funding is a good idea—but comes 10 years later and pales in comparison to the $1 trillion estimated for China’s Belt and Road Initiative. On June 26, the White House issued the “Memorandum on the Partnership for Global Infrastructure and Investment” (GII) to fund development…

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US Cuts Funding for Fossil Fuel Projects in Developing Countries

August 24, 2021
Archiveddeveloping countrieseconomyExecutive Branchfossil fuelNewsPoliticsthe Treasury DepartmentUSWorld Bank
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News Analysis WASHINGTON—Tackling climate change is “no longer business as usual” and requires significant defunding of the fossil fuel industry, according to the U.S. Treasury Department. To that end, the United States and other Group of Seven (G-7) countries have agreed to cut funding for fossil fuel energy projects both domestically and in developing countries….

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Database Reveals Secrets of China’s Loans to Developing Nations, Says Study

March 31, 2021
AfricaChinaChina Business & EconomyChinese Regimedebt burdensdeveloping countriesG20InternationalWorld
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DAKAR—The terms of China’s loan deals with developing countries are unusually secretive and require borrowers to prioritize repayment of Chinese state-owned banks ahead of other creditors, a study of a cache of such contracts showed on Wednesday. The dataset—compiled over three years by AidData, a U.S. research lab at the College of William & Mary—comprises…

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