China

Germany after Merkel – Charting a new Course on Foreign Policy?

With the official election of Olaf Scholz as the new German Chancellor by the newly constituted parliament (the Bundestag) on 8 December 2021, the 16-year-long era of Angela Merkel as head of the German government came to an end. Along with Merkel’s farewell ended the governing role of her conservative party, the Christian Democratic Union (CDU), after achieving a record low of voter shares in the September 2021 parliamentary elections.

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Infrastructure Financing in Sri Lanka: Lessons Learnt and Future Collaboration

Over the past decade, Sri Lanka has seen a steady rise in foreign debt, largely as a result of unsustainable infrastructural loans. This debt was exacerbated by the effects of the Covid-19 pandemic, with the highly remunerative tourism sector majorly impacted. In early 2021, the government was forced to declare a state of economic emergency amidst a distressing fall in the value of the Sri Lankan Rupee.

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What Prospects for Afghanistan’s Future Development?

Thanks to an uninterrupted presence of Chinese investors in Afghanistan, favored by China’s more welcomed non-interference policy, there seems to be room for a stronger role of Beijing in Afghanistan’s state re-building process. While the Taliban is seeking help from the international community as a whole, and in spite of the fact that the EU is going to disburse a significant amount of money in the form of aid, it is uncertain whether the conditional approach endorsed by the EU will grant it a possible central role in the future of Afghanistan’s development.

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