Day: March 23, 2023
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How COP28 Could Benefit From an Indonesia-China Bloc
The world's foremost governmental climate summit kicks off next week, in what is wrapping up to be the hottest year on record. The 28th United Nations Climate Change Conference, or Conference of the Parties (COP28), opens on November 30 in Dubai. ...
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U.S., China Both Operating Carrier Strike Groups in the South China Sea
The tensions that were stoked Sunday when Philippine and Chinese vessels collided in the South China Sea come at a time when China and the U.S. have numerous warships deployed in relatively close proximity. The U.S. Navy’s current South China Sea-focused ...
China Comes to Philippines Confrontation With Cameras Ready
In previous confrontations between China and the Philippines at sea, the Chinese were slow to release video and to rebut Philippine allegations of what transpired. Not this time. Chinese state media and influencers were quick ...
China-Philippines at-Sea Collisions Prompt Mutual Recriminations and Questions Why This Happened Now
The Philippines and China are trading accusations of “provocative” actions after their vessels in the South China Sea collided twice on Sunday — raising already white-hot tensions after multiple aggressive encounters in the region recently. The run-ins occurred near the disputed Second ...
China Limits Exports of Graphite to Counter U.S. Technology Restrictions
The Chinese government announced it will soon restrict the export of three grades of graphite, a key ingredient in EV batteries and nuclear power plants, in retaliation for U.S.-led restrictions on technology sales to Chinese companies. China's Ministry of Commerce ...
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...
China Hints It May Not Back U.S. Nominee to Lead World Bank
Ajay Banga's candidacy to become the next president of the World Bank encountered turbulence when the Chinese government hinted that it would oppose his nomination. Banga spent the day in the Chinese capital on Wednesday, meeting with Finance Minister Liu Kun, ...
China Pushes Back at Outgoing World Bank President’s Criticism That Beijing Isn’t Doing Enough on Debt Relief
The Chinese government clapped back on Wednesday against renewed criticisms from outgoing World Bank President David Malpass that Beijing isn't moving fast enough to restructure debts in many of the world's poorest countries. Earlier this week, at a speech in New ...
World Bank Nominee Meets Head of China-led Asian Infrastructure Investment Bank
World Bank President-nominee Ajay Banga met with the head of the Chinese-led Asian Infrastructure Investment Bank (AIIB) on Wednesday during his brief trip to Beijing. The AIIB released a short statement after the meeting that said the two discussed "how the ...
Benin’s Finance Minister Meets With China Exim Bank President
Beninese Finance Minister Romuald Wadagni is in Beijing this week, where he met with China Exim Bank President Ren Shengjun. Neither side released details of the meeting, but it does highlight how China Exim Bank is continuing to engage African governments ...
Key International Stakeholders Gather in Beijing to Discuss How to Bolster African Industrial Supply Chains
The China-Africa Business Council and the Ministry of Foreign Affairs organized a seminar in Beijing this week that brought together high-level representatives from government, industry and civil society to discuss how to increase the value of African exports to China. The ...