Day: June 5, 2023

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BRICS FM Gathering Ends With Few Specifics Other Than a Renewed Appeal for Multipolarity

A two-day gathering in Cape Town of representatives from the five founding members of the BRICS group joined by foreign ministers from ten other major developing countries ended on Friday with a sweeping joint statement that called for a rebalancing of the global order away from the ...

Report: China is Top Source of Development Finance to Southeast Asia, but Competitors Rapidly Catching Up

China remained Southeast Asia's largest source of aid and development finance even as competitors from G7 countries step up their engagement in this geopolitically strategic region, according to the findings from a new data project done by the Australian think tank Lowy Institute.

Economy Minister Sergio Massa Leads Argentina’s Pivot to China, Racking Up Some Big Wins During Recent Visit

Argentinian Economy Minister Sergio Massa wrapped up a near-week-long visit to China on Saturday. Early indications are that it was an enormously successful trip. Massa arrived in Beijing last week with a long list of things he needed to get done to ...

Chinese Battery Major Gotion Poised to Build Africa’s First Gigafactory in Morocco

The Sino-German electric vehicle battery major Gotion High-Tech is planning to build a massive new factory in Morocco that would produce electric car batteries and energy storage systems. The company signed an MOU with the Moroccan government last week in Rabat for a ...

China’s New Ambassador-Designate to the DR Congo Arrives in Kinshasa

Zhao Bin, China's new ambassador-designate to the DR Congo, arrived in Kinshasa on Friday. This is Zhao's first assignment in Africa, which is somewhat unusual given that the Chinese Ministry of Foreign Affairs tends to post envoys with experience on the ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

‘Major’ Chinese Aid on Its Way to Ease South Africa’s Energy Crisis, Says Minister

The Chinese government has offered South Africa equipment like solar panels and generators that can be installed at public institutions to prevent power disruptions, Electricity Minister Kgosientsho Ramokgopa said on Friday. Ramokgopa said the only string attached was that the state ...

There May Actually be An Opening for the U.S. to Spur Development of Angola’s Lobito Corridor

When the United States government announced last month that it was in the midst of conducting due diligence for a $250 million financing package to develop the Lobito Atlantic Railway Corridor that connects the copper/cobalt belts in the DRC and Zambia with Angola's Port of Lobito, it raised ...

Arab League Officials Tour Xinjiang to See How China “Respects and Safeguards Human Rights”

A 34-member delegation from the Arab League spent four days last week touring Xinjiang as part of a junket organized by the Chinese government. Chinese propaganda said the visit was specifically intended to refute Western media accusations about the well-documented mass incarceration ...