Day: June 7, 2023

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Southeast Asia’s Climate Goals Are Ultimately Economic Goals: U.S. Vows to Help, But China Delivers

Two weeks ago, Indonesian President Joko “Jokowi” Widodo and his ministers received a visit from the U.S.-ASEAN Business Council (U.S.-ABC). Green industries — particularly electric vehicles — were at the top of Indonesia’s talking points. “How can Indonesia get facilities to ...

Maritime Tensions Surge in Western Pacific Amid Drills and Provocations by Some of the World’s Largest Navies

The South Korean Air Force scrambled fighter jets on Tuesday after two squadrons of Russian and Chinese military aircraft entered its air defense zone, the latest incursion across another country's international boundary by rival militaries operating in very close proximity in the Western Pacific.

China Opens New Embassy in Honduras as Part of a Flurry of Diplomatic Activity Between the Two Countries This Week

The Chargé d'Affaires for China's new embassy in Honduras, Yu Bo, unveiled the plaque that will be posted outside of the mission during a ceremony this week in Tegucigalpa. Monday's ceremony capped a frantic series of back-to-back announcements that included the ...

Ministry of Commerce Blasts U.S. For Sanctions Against Chinese Companies Allegedly Involved in the Mexican Fentanyl Trade

China's powerful Ministry of Commerce denounced the United States for sanctioning 17 Chinese and Mexican companies and individuals last week for their alleged involvement in the fentanyl trade. The Ministry said on Tuesday the U.S. "disregarded facts " and accused Washington ...

Trend to Watch: More Hunan Cities Launch Commercial Diplomacy Initiatives in Africa

Representatives from 50 African countries are expected to participate in the upcoming China-Africa Trade Expo that will take place for the third time in the central Chinese province of Hunan beginning on June 29th. The expo serves as an important showcase for ...

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 ...

Why African Immigrants Won’t Help Offset China’s Declining Population

China, like other large northeast Asian industrial economies, is facing a rapidly declining population that threatens its long-term economic growth. The fundamental problem is that there aren't enough younger working-age people to support a ballooning population of retirees who often require ...

If You Lead a Developing Country and Want to Borrow Money From China, Then Listen to This Podcast

The days of China easily handing out billions of dollars to build infrastructure in developing countries around the world are now over. The Chinese can't afford it anymore and many of the borrowing countries just don't have the capacity to take ...