Day: August 23, 2023
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How COP28 Could Benefit From an Indonesia-China Bloc
The world's foremost governmental climate summit kicks off next week, in what is wrapping up to be the hottest year on record. The 28th United Nations Climate Change Conference, or Conference of the Parties (COP28), opens on November 30 in Dubai. ...
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U.S., China Both Operating Carrier Strike Groups in the South China Sea
The tensions that were stoked Sunday when Philippine and Chinese vessels collided in the South China Sea come at a time when China and the U.S. have numerous warships deployed in relatively close proximity. The U.S. Navy’s current South China Sea-focused ...
China Comes to Philippines Confrontation With Cameras Ready
In previous confrontations between China and the Philippines at sea, the Chinese were slow to release video and to rebut Philippine allegations of what transpired. Not this time. Chinese state media and influencers were quick ...
China-Philippines at-Sea Collisions Prompt Mutual Recriminations and Questions Why This Happened Now
The Philippines and China are trading accusations of “provocative” actions after their vessels in the South China Sea collided twice on Sunday — raising already white-hot tensions after multiple aggressive encounters in the region recently. The run-ins occurred near the disputed Second ...
China Limits Exports of Graphite to Counter U.S. Technology Restrictions
The Chinese government announced it will soon restrict the export of three grades of graphite, a key ingredient in EV batteries and nuclear power plants, in retaliation for U.S.-led restrictions on technology sales to Chinese companies. China's Ministry of Commerce ...
Wang Yi, China's Foreign Minister and S. Jaishankar, Minister of External Affairs of India
In the space of 24 hours, between Sunday and Monday, the foreign ministers from both China and India laid out their respective governments’ positions on the escalating war in the Middle East. In Beijing, China’s top diplomat, Wang Yi, was unsparing in his criticism of ...
The Fate of the BRICS Depends on Xi and Modi
Forget about everything that you've heard about this week's BRICS summit in Johannesburg because none of it matters. The fact that Putin didn't go in person seems important, right? No, not really. What about the idea of a dollar-killing BRICS currency? ...
Xi Mysteriously Failed to Show Up at a BRICS Event, Sparking Wild Speculation Over What Happened
The opening day of the BRICS summit in South Africa began as expected on Tuesday with a flurry of high-profile arrivals in Johannesburg followed by a bilateral meeting between South African President Cyril Ramaphosa and his Chinese counterpart Xi Jinping. The two ...
Even Xi’s Spokesperson Didn’t Seem to Know What Happened
President Xi's unexplained absence from the BRICS Business Forum on Tuesday also seemingly caught the Foreign Ministry's top spokesperson off guard as well. Hua Chunying published a post on X following the event, erroneously claiming that "Xi Jinping delivered an addressed ...
Relations Between China and South Africa Have Entered a “Golden Era,” Says Xi
Chinese President Xi Jinping began his visit to South Africa on Tuesday with a round of bilateral diplomacy with his host Cyril Ramaphosa. The two leaders met for talks in the capital Pretoria where Xi declared that relations between the two ...
Key Policy Differences Emerge on Day 1 of BRICS Summit
Brazilian President Luiz Inácio Lula da Silva pushed back against the suggestion that the BRICS group should become an ideological opponent against the West. "We do not want to be a counterpoint to the G7, G20 or the United States," Brazil's Lula
New Development Bank Moves Forward With Local Currency Bonds in Bid to Reduce Dependence on the U.S. Dollar
The Shanghai-based New Development Bank, aka the BRICS Bank, said it is proceeding with plans to issue bonds and lend more money in local currencies as part of a larger effort to reduce reliance on the dollar. “We expect to lend ...