China will host a summit between Iran and the Gulf Cooperation Council later this year, reports the Wall Street Journal. The summit with the six-country bloc (made up of Saudi Arabia, the United Arab Emirates, Oman, Bahrain, Qatar and Kuwait) will further solidify the normalization of diplomatic ties between Iran and Saudi Arabia, brokered by China this weekend.
The announcement follows December’s first summit between China and Arab states, where GCC leaders welcomed President Xi Jinping’s ...
Day: January 26, 2023
Lula Pitches South American Trade Pact With China in Bid to Save Mercosur
Brazilian President Luiz Inacio Lula da Silva called for a South American regional trade agreement with China as part of a desperate bid to save the embattled Mercosur bloc. Lula proposed the idea during a speech on Wednesday in the Uruguayan capital of ...
It’s Been a Big Week for Chinese Infrastructure Development in Africa
Two U.S. cabinet secretaries are currently touring Africa to fulfill President Joe Biden's promise that the United States is "all in" when it comes to bolstering ties with countries across the continent. A key part of the message that Treasury Secretary Janet ...
Hard to Believe But Huawei’s Still Got a Smartphone Business in South Africa
Even though Huawei's mobile phone business is just a fraction of the size it was before the U.S. slapped crippling sanctions on the company, blocking it from using Google and other American technology, South African consumers are still keen to buy the Chinese tech giant's devices.
China’s Ambassador to the DR Congo to Leave
Chinese ambassador to the Democratic Republic of the Congo stopped by the Defense Ministry in Kinshasa this week to say goodbye to Minister Gilbert Kabanda. Zhu also left a parting gift of $27 million of security assistance ...
Massive New Chinese-financed Cultural Center Takes Shape in Kinshasa
Three years after Chinese contractors broke ground to build the new Central African Cultural and Arts Center in the DR Congo capital of Kinshasa, the 36,000-square-meter development is now taking shape. Outgoing Chinese ambassador to the DRC, Zhu Jing,
Countries in Asia and the Americas Account For Half of China’s Total Auto Exports
China is on the verge of displacing Germany to become the world's second-largest auto exporting nation (Japan is #1). This is a remarkable accomplishment given the speed that China's automakers have gained international market share, tripling sales to 2.5 million units since 2020.