Day: September 25, 2023

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Xi Jinping Wraps Another Weekend of Rapid-Fire Diplomacy With Leaders From Asia and the Middle East

President Xi Jinping concluded a three-day sprint of back-to-back summits this weekend with leaders from Asia and the Middle East in what's become the new norm for Chinese presidential diplomacy. Before the pandemic, Xi was China's most well-traveled leader in the ...

$23 Billion of Deals Signed at China-Arab Trade Fair

The China-Arab Trade Expo closed on Sunday in the northwestern region of Ningxia with $23.4 billion in deals signed. As is customary with these kinds of announcements, Chinese officials did not release any specific details about the deals or the companies involved.

U.S. Senator Ted Cruz Wants to Lead the Effort to Curtail China’s Growing Influence in Latin America

U.S. anxieties about China's increasingly influential presence in Latin America and the Caribbean will be a popular topic of discussion on Capitol Hill this week. Conservative Texas Senator Ted Cruz will introduce a new bipartisan resolution that calls on the United States ...

Chinese Contractor Pledges to Complete Nigerian Capital’s Light Rail in Eight Months

The local head of Chinese construction major CCECC, Jason Zheng, pledged that it would only take eight months to build the once-abandoned light rail in the Nigerian capital Abuja. Zheng made the promise during a meeting last week with Nigerian Vice ...

U.S. Acknowledges It Can’t Cut China Out of the EV Battery Supply Chain

For much of the past year, since the passage of the Inflation Reduction Act (IRA) in 2022, U.S. officials have spoken at length about the urgent need to remove China from the critical minerals supply chain used, among other things, to manufacture electric vehicle batteries. ...

Analysis from Cobus van Staden

Plugging into African Agency

After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big projects boosted engagement in Nigeria alone more than twelvefold.

These shifts indicate a window of opportunity for African electrification. 60% of Africans still lack ...

Vietnamese EV-Brand VinFast Hopes Possible EU Sanctions Against Chinese Electric Cars Will Give It an Opening

Vietnamese electric vehicle company Vinfast plans to ship its first batch of 3,000 VF8 crossovers to Europe later this year and the upstart EV brand may even get an assist from European Union trade authorities. Earlier this month, the European Commission ...

Blockbuster Movie Scares Chinese Tourists Away From Thailand

Chinese tourists landing in Bangkok on Monday were greeted with a heroes welcome, including Prime Minister Srettha Thavisin, who went to the airport to personally welcome the first batch of visa-free visitors. Thailand is desperate to revive its Chinese tourism ...