Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019.
The timing of the announcement that Rome won’t renew its BRI commitment is notable. It came only a day before the EU-China summit, which kicks off on Thursday. The summit will likely be more contentious than usual, with European leaders expected to push China on the treatment of EU firms amid discussions ...
Day: October 11, 2022
The SCO Reaches the Mediterranean
By Leonardo Bruni Iran joining the Shanghai Cooperation Organization (SCO) has led to a flurry of analyses from across the wider Mediterranean. Divergent perspectives emerge between foreign media coverage, which emphasize international security implications, and what domestic Iranian media reports that ...
Netting Investment Flows? Why Aquaculture Has Been Slow to Catch on in Chinese Overseas Investment
By Rebecca Ray China’s demand for imported seafood is booming, projected to double by 2030. Domestically, consumer demand is primarily satisfied by aquaculture, the raising of aquatic plants and animals for food, but the sector has stagnated as the Chinese government tightened environmental regulations. Its deep-water ...
Somalia Voted With China’s Critics at the UN Human Rights Council to Initiate a Debate on Xinjiang. But Why?
Somalia was a standout last week when it was the only African country and the only Muslim-majority country to back a resolution at the United Nations Human Rights Council that called for a debate over China's human rights policies in Xinjiang.
Chinese Battery Giant CATL Bets on the Future of Cobalt By Buying a Big Chunk of CMOC
Strong demand for electric vehicles around the world helped to triple profits at Chinese battery giant CATL, the world's largest battery maker. The company is reporting that third-quarter profits for the year will reach $1.23 billion. CATL is going to use ...
Chinese-Built Plant to Turn Zimbabwe into Africa’s Biggest Steel Producer
A new Chinese-led plant could turn Zimbabwe into Africa’s largest producer of iron and steel. Zimbabwean president Emmerson Mnangagwa led the groundbreaking ceremony of the new $1.5 billion project, led by Dinson Iron and Steel, a subsidiary of the Chinese company Tsingshan Holdings.
Analysis from Cobus van Staden
Awkward Timing as Italy Withdraws from BRI
Libya Blockbuster Leads China’s National Day Movie Releases
Home Coming led China's National Day holiday box office bonanza, racking up $144 million in ticket sales during its first week of release. The holiday is usually marked with movies aimed at patriotic audiences. Home Coming dramatizes the evacuation of Chinese citizens from Libya in 2011.
Netting Investment Flows? Why Aquaculture Has Been Slow to Catch on in Chinese Overseas Investment
By Rebecca Ray China’s demand for imported seafood is booming, projected to double by 2030. Domestically, consumer demand is primarily satisfied by aquaculture, the raising of aquatic plants and animals for food, but the sector has stagnated as the Chinese government ...
China and India’s Steadily Deteriorating Relationship
It wasn't that long ago that many people thought the longtime rivalry between India and China had begun to subside. In fact, Xi Jinping traveled to India in 2019, his second visit as president, for a profile, seemingly amicable summit with ...