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…
Beijing Can’t Continue Its Deceitful Trade Practices If China Loses ‘Developing Country’ Status: Expert
April 2, 2023
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Investing: Don’t Give up on Developing Markets
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…
US and G-7 Development Initiative: Good Idea but Maybe Too Little, Too Late
July 18, 2022
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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…
US Cuts Funding for Fossil Fuel Projects in Developing Countries
August 24, 2021
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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….
Database Reveals Secrets of China’s Loans to Developing Nations, Says Study
March 31, 2021
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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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