Armstrong Economics posted on 24 August 2026 a commentary titled "China and Egypt Unite" by Martin Armstrong.
The author argues that Washington never seems to understand that trade and geopolitical influence go hand in hand, citing the case of China's influence in Egypt. The United States sees Egypt in a military context while China looks at Egypt as a commercial gateway connecting three continents.
Egypt Today published on 31 August 2026 an article titled "Economic Cooperation between Egypt, China Witness Unprecedented Leap."
The article highlights the unprecedented increase in China's economic engagement in numerous Egyptian sectors, especially in the Suez Canal zone and China's role in constructing the New Administration Capital's Central Business District.
Comment: The article notes that Egypt-China trade reached a record high of almost $21 billion in 2025, marking China's status as Egypt's top trading partner for 14 consecutive years. It fails, however, to point out that $20 billion constituted Chinese exports to Egypt and less than $1 billion was Egyptian exports to China.
Reuters published on 14 August 2026 an article titled "Kenya Eyes Debut Chinese Bond Market Issuance This Fiscal Year."
Kenya is considering issuing its first ever bond on the Chinese domestic debt market known as panda bonds, as it seeks to raise $300 million to plug a gaping hole in its budget for this fiscal year.
Kenya has a budget deficit of 5.5 percent of gross domestic product for this fiscal year. It is seeking financing from a variety of other sources.
