Day: April 21, 2023
How Are We to Understand China’s International Partnerships?
By Lukas Fiala The visit of China’s newly minted defense minister, Li Shangfu, to Russia over the past week resulted in the usual diplomatic overtures. As Li reportedly put it: ‘We have very strong ties. They surpass the military-political alliances of ...
Bright Simons on Africa in the Era of Great Power Competition
Many African countries are confronting unprecedented challenges from a convergence of forces far beyond their control. Africans are suffering disproportionately from the effects of climate change, global economic disruption and are being pushed to the middle of yet another Great Power ...
CMOC Deal Signals A New Moment in China-DRC Relations, With Possible Global Impacts
Shares in China Molybdenum (aka CMOC) jumped by 10% in Shanghai and 12% in Hong Kong on the news that the mining giant reached a deal with the Democratic Republic of Congo that will allow it to resume copper and cobalt exports from the Tenke Fungurume mine, one of ...
WEEK IN REVIEW: Chinese and Indian Oil Buyers Ignoring West’s Price Cap on Russian Crude
Chinese and Indian oil buyers are ignoring the West's price cap on Russian crude, snapping up a majority of Moscow's output at prices well above the $60 per barrel limit. The cap was imposed by G7 countries in a bid to curb revenue used by the Russian military ...