Day: July 26, 2023
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Clash in UN Security Council as Two Israel Resolutions Voted Down
China and Russia vetoed a U.S.-led UN Security Council resolution calling for pauses in the Gaza conflict to allow more humanitarian assistance to enter the blockaded region. The main reason for the veto was reportedly that it didn’t include a call for a ceasefire. The U.S. currently ...
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Saudi Arabia Offers to Mediate Between China and the U.S.
Saudi Arabia is willing to help improve the relationship between the superpowers. Finance Minister Mohammed Al-Jadaan said during a panel discussion at the Future Investment Initiative in Riyadh: “If there are opportunities that we can make the relationship between U.S. and China better, we will. We enjoy a ...
Biden Says Pact With Philippines “Ironclad” While Asserting China Aggression in South China Sea
U.S. President Joe Biden called China’s action towards the Philipines in the South China Sea “dangerous” and “unlawful” and said any attack would result in U.S. involvement. “The United States defense commitment to the Philippines is ironclad. Any attack on Filipino ...
Philippines Eyes Multilateral Approach Against China in South China Sea
The Philippines will increase multilateral activities, including freedom of navigation transits in the South China Sea and hopes more partners will "join our fight" after multiple recent run-ins with Chinese maritime forces. China’s recent maneuvers "could result in more willing nations to ...
Views From Manila on China-Philippines Confrontations in South China Sea
The recent confrontations between Chinese and Filipino vessels in the South China Sea are prompting significant commentary in the Philippines media, where it appears that public opinion toward China is hardening. Commentators have taken a distinct tough line on the relationship, accepting that it’s going to be ...
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 ...
Decoding Qin Gang’s Demotion: “He’s Either Dying or Under Discipline”
One month after Qin Gang made his last public appearance as foreign minister, China's top legislative body removed him from the post on Tuesday and re-appointed the country's most senior foreign policy official Wang Yi to the position. Despite rampant speculation over ...
Türkiye’s Parliament Rejects Special Committee to Investigate Uyghur Human Rights Ahead of Wang Visit
The Turkish Parliament's Human Rights Committee blocked a plan to create a new sub-committee to investigate allegations of human rights violations of China's minority Uyghur population in Xinjiang. Instead, lawmakers opted to assign the issue to an existing sub-committee focused on ...
Kenya’s Debt-Servicing Costs Edge Higher Amid Street Protests and Heightened Uncertainty
Kenya spent 59% of all the money it collects in taxes to service the country's ballooning debt, a slight increase from the previous fiscal year. The news adds further pressure on President William Ruto, who slashed subsidies and increased taxes in ...
Corruption and Mismanagement at the Root of Kenya’s Debt Crisis, Not Chinese Loans, Say Policymakers
Critics of Chinese lending practices in developing countries often point to Kenya's Standard Gauge Railway (SGR) as the prime example of Beijing's aggressive tactics that underlie the "debt trap" accusation. But in Kenya, they're telling a very different story about how ...
Heard About Those Escrow Accounts Used to Secure Chinese Loans in Africa? Here’s What They Look Like in Action
There's been a lot of discussion in recent years about how Chinese lenders required high-risk borrowers in Africa and other developing countries to put large pools of money in offshore escrow accounts as a kind of insurance measure that guaranteed the creditor would be repaid. ...