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Search Result for “trade war”

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OPINION

The conflicts of the new world order

Oped, Brahma Chellaney, Published on 14/11/2023

» The crises, conflicts and wars that are currently raging highlight just how profoundly the geopolitical landscape has changed in recent years, as great-power rivalries have again become central to international relations. With the wars in Gaza and Ukraine exacerbating global divisions, an even more profound geopolitical reconfiguration -- including a shift to a new world order -- may well be in the works.

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OPINION

Of debt and bondage with Beijing

Oped, Brahma Chellaney, Published on 26/11/2022

» Recently released details of Kenya's 2014 loan agreement with China to finance a controversial railway project have once again highlighted the predatory nature of Chinese lending in developing countries. The contract not only imposed virtually all risk on the borrower (including requiring binding arbitration in China to settle any dispute), but also raised those risks to unmanageable levels (such as by setting an unusually high interest rate). With terms like that, it is no wonder some countries around the world have become ensnared in sovereignty-eroding Chinese debt traps.