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Bangladesh to Apply for Membership to China-Centric Trade Group

Bangladesh will reportedly submit a formal request by September to join the Regional Comprehensive Economic Partnership (RCEP), a China-led free trade community that represents about 30% of global GDP. The decision was taken at an inter-ministerial meeting on Tuesday. It now requires Cabinet approval, and ...

BRICS Enlargement Will Bring “Tectonic Change”: SA Ambassador

Bolivia has become the newest country interested in joining the BRICS group. 22 countries have submitted formal requests to join, with another 20 informal expressions of interest in the pipeline.  Anil Sooklal, South Africa’s ambassador to the group (currently made up of ...

China Tries To Rebut Reports That It Killed G20 Renewable Energy Commitment

The Chinese Ministry of Foreign Affairs pushed back this week against reports that China helped to block a G20 measure to triple renewable energy capacity. The Ministry called the reports “completely inconsistent with the facts.” While the statement then goes on to list many ...

Inside Details of China’s Oil Buys from Iran

Iran’s oil output has jumped by 80% to about 1 million barrels per day since President Ebrahim Raisi took power in 2021. China is one of the Islamic Republic’s largest oil buyers, despite formidable sanctions from the U.S. and other countries. ...