Day: September 7, 2023
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Awkward Timing as Italy Withdraws from BRI
Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019. The timing of the announcement that Rome won't renew its BRI commitment is notable. It came only a day before the ...
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Top U.S. and Chinese Diplomats Talk Israel-Hamar War, Bilateral Ties
Chinese Foreign Minister Wang Yi and U.S. Secretary of State Antony Blinken discussed ways to prevent the Israel-Hamas conflict in Gaza from spreading and agreed to build on recent progress in bilateral ties. “The top priority is to cease fire and to ...
G7 Virtual Meeting With Zelensky Turns Focus to Beijing and South China Sea
The G7 on Wednesday issued a clear warning against China’s military buildup in the South China Sea and stressed that member countries will divest and diversify from China when needed to keep their economies healthy. The wars in Ukraine and the Middle ...
China Hasn’t Used Economic Coercion Even As Philippines Ramped Up South China Sea Strategy: Analyst
Concerns that China might use economic coercion against the Philippines, particularly as Manila ramps up its strategy of showcasing Chinese “aggression” in the South China Sea, have not been borne out, a noted analyst on the issue said. The Philippines’ strategy ...
Vietnam’s Biggest Export Market U.S., Import Source China
The U.S. was Vietnam’s biggest export market in the first 11 months of 2023 at $88 billion, down 13% year-on-year. China was second at $56 billion. Meanwhile, China was Vietnam’s largest import market at $100 billion, followed by South Korea at ...
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 ...
Why Boosting Africa-Southeast Asian Trade & Investment Makes So Much Sense
There's been a surge of activity in Africa-ASEAN relations in recent weeks highlighted by Indonesian President Joko Widodo's recent African tour and the Singapore-Africa Business Forum that took place earlier this month in the Lion City. Closer trade and investment ties ...
Is Chinese President Xi Jinping’s Absence from the G20 a Sign of a Broader Trend?
Speculation about why President Xi Jinping decided to sit out the G20 summit for the first time since taking power has been rife. The reason could be anything from skipping awkward meetings with rivals like U.S. President Joe Biden, to denting ...
ASEAN Talks with Major Powers Navigate Numerous Controversies
China’s Premier Li Qiang warned against a ‘new cold war’ as the ASEAN summit moved on to a series of talks between the bloc and its partners. Calling for ways to "appropriately handle differences and disputes," Li said: "At present, it is ...
New Prominence for Premier Li Qiang as Xi Skips Summits
Chinese Premier Li Qiang is gaining unexpected prominence thanks to the fact that he is standing in for President Xi Jinping at this week’s ASEAN and G20 summits, where he'll represent the PRC in the same room as people like U.S. President Joe Biden.
Africa Climate Summit Ends With Anger at Western Dominance, Near No-Show from China
The African Climate Summit wrapped up on Wednesday with the adoption of the Nairobi Declaration. It calls for: Reforms of the international financing system to lower the cost of climate financing for poor countries via more concessional lending and targeted ...
TRANSLATION: Africa Is Not Paradise for Chinese Bosses
There’s been a recent flurry of posts on WeChat from various accounts in different countries that tout the enormous opportunities available for Chinese entrepreneurs on the continent. Some of these accounts are either directly or indirectly affiliated with various Chinese government agencies and appear intended to encourage ...
Indonesian Middle Schooler In Hot Water With Local Authorities For Fighting Against Chinese Wood Pellet Exporter
“The road only has a capacity of five tons, but the Jambi mayor Syarif Fasha allowed up to 20 tons , exceeding and violating the regional regulation concerning road transportation,” a young girl eloquently spoke to the camera. The girl continued: “They worked together – the Chinese ...