<p>China is now Africa’s biggest trading partner, with 20% of exports going to China and 16% of imports coming from there, according to the International Monetary Fund (IMF).
At the 9th Forum on China-Africa Cooperation (FOCAC) meeting earlier this month, President Xi Jinping promised $50 billion for African development, including military support and new ... Show More
Dec 2024
33 African countries benefit from zero-tariff access to Chinese market
China has granted zero tariffs to Least Developed Countries with established diplomatic relations, including 33 African countries, effective from December 1, 2024. This move significantly lowers costs for African exports, boosts competitiveness, and strengthens economic ties betw ... Show More
29m 40s
Dec 2024
While the US provokes chaos, China promotes economic development
While the United States provokes conflicts across the world, China has promoted economic development, lifting hundreds of millions of people out of poverty, building infrastructure, and encouraging win-win cooperation. Political economists Radhika Desai and Michael Hudson are joi ... Show More
1h 4m
Jan 2025
BRICS expands to 54.6% of world population by adding Nigeria, Africa's most populous country
BRICS added as a new partner Nigeria, Africa's most populous country, with the 6th-biggest population on Earth. BRICS+ now has 10 members and 9 partners, which make up 54.6% of the world population and 42.2% of global GDP (PPP). Ben Norton explains the importance of this expansio ... Show More
14m 44s
Jan 2025
BRICS grows, adding Indonesia as member: world's 4th most populous country, 7th biggest economy
BRICS keeps expanding. As a new full member, it added Indonesia, the 4th most populous country with the 7th largest economy on Earth. BRICS now has 10 members and 8 partners. Together they make up 41.4% of global GDP (PPP) and roughly half the world population. Ben Norton explain ... Show More
25m 6s
Feb 2025
What future for aid and development? With Minouche Shafik
<p>US President Donald Trump has frozen all foreign aid payments, while Elon Musk is putting America’s biggest development agency, USAID, “through the woodchipper”. Meanwhile, the UK government has just announced it will slash its aid budget from 0.5% to 0.3% of GDP. So are the d ... Show More
32m 31s
Aug 2024
Michael Drury on China's Trillion Dollar Secret and Why The U.S. Is Not Headed Imminently Into A Recession
This interview with Michael Drury explores how China’s problems affect the global economy, its economic advantages, and where it spends its trillion-dollar surplus. We also discuss the US economy’s resilience, why Michael doesn’t see a recession, and much more.
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Follow Jack Farl ... Show More
1h 17m