Current:Home > MarketsChina welcomes Cambodian and Zambian leaders as it forges deeper ties with Global South -FinanceAcademy
China welcomes Cambodian and Zambian leaders as it forges deeper ties with Global South
View
Date:2025-04-18 12:02:05
BEIJING (AP) — The leaders of China and Zambia announced an upgrading of their ties to a comprehensive strategic cooperative partnership on Friday, as the world’s second-largest economy forges deeper ties with the Global South.
Chinese President Xi Jinping also met new Cambodian Prime Minister Hun Manet earlier the same day, and with Venezuelan President Nicolás Maduro earlier this week.
The trio of leaders from Africa, Southeast Asia and Latin America speak to China’s growing role in those parts of the world. Chinese state banks have financed roads and other infrastructure projects and Chinese companies have built factories, mines, hotels and casinos.
China has in turn won diplomatic support from many Global South countries on contentious debates and votes at the U.N. and from Cambodia in China’s territorial disputes with other Southeast Asian nations in the South China Sea.
Its outreach to the Global South has taken on greater geopolitical import as China seeks allies to push back against growing pressure from the United States and its partners on multiple fronts.
Chinese state broadcaster CCTV reported online that Xi and Zambian President Hakainde Hichilema announced the upgraded partnership at a meeting at the Great Hall of the People, a monumental building on one side of Beijing’s Tiananmen Square.
That came two days after China announced it had upgraded diplomatic ties with Venezuela to an “all weather” partnership — a status China has granted to only a handful of countries — after the Xi-Maduro meeting.
Development loans from China and others have saddled some countries, including Zambia, with unsustainable debt levels, sparking debt crises that stymie economic development. More than 40% of Cambodia’s $10 billion in foreign debt is owed to Chinese institutions.
Hun Manet made China his first official foreign visit after succeeding his father, Hun Sen, who ruled Cambodia for 40 years.
The U.S. had shown disapproval of Hun Sen’s undemocratic moves and is uneasy over the expansion of a Cambodian naval facility with Chinese assistance. Hun Sen consistently denied that Cambodia had granted China the right to set up its own military base at Ream Naval Base.
After his meetings in Beijing, Hun Manet plans to join other Southeast Asian leaders this weekend in southern China at the 20th ASEAN-China Expo, which promotes cooperation in trade, investment and tourism.
veryGood! (33)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- US Army to overturn century-old convictions of 110 Black soldiers
- 2 women accused of helping Georgia inmate who escaped jail last month
- How Shaun White is Emulating Yes Man in His Retirement
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Maine’s yellow flag law invoked more than a dozen times after deadly shootings
- FlyDubai resumes flights to Afghanistan after halting them 2 years ago as Taliban captured Kabul
- Ohio man ran international drug trafficking operation while in prison, feds say
- Buckingham Palace staff under investigation for 'bar brawl'
- Judge’s ruling advances plan to restructure $10 billion debt of Puerto Rico’s power company
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Dutch court orders company to compensate 5 Iranian victims of Iraqi mustard gas attacks in the 1980s
- NFL power rankings Week 11: Stars are bright for Texans, Cowboys
- Illegal border crossings into the US drop in October after a 3-month streak of increases
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- No Bazinga! CBS sitcom 'Young Sheldon' to end comedic run after seven seasons
- Germany’s highest court annuls a decision to repurpose COVID relief funding for climate measures
- State-sponsored online spies likely to target Australian submarine program, spy agency says
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Albania proposes a draft law on a contentious deal with Italy to jointly process asylum applications
Murder trial in killing of rising pro cyclist Anna ‘Mo’ Wilson nears end. What has happened so far?
Germany’s opposition Left Party to dissolve caucus after prominent member launches rival venture
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Prosecutors say a fatal roller coaster accident in Sweden was caused by a support arm breaking
Many parents don’t know when kids are behind in school. Are report cards telling enough?
Peter Seidler, Padres owner whose optimism fueled big-spending roster, dies at 63