Day: September 28, 2023

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Philippine Fishing Fleets Urged to Maintain Presence at Disputed Shoal as Tensions Build

The Philippine coastguard called on its country’s fishing fleets to keep operating around the Scarborough Shoal (known as Bajo de Masinloc in the Philippines and Huangyan Dao in China) despite the large Chinese presence in the disputed South China Sea area. Coastguard ...

$1.3 Billion Chinese Investment in Zambian Copper Sector as EU Readies Competing Deal

The Chinese mining giant China Non-Ferrous Metals Mining Company (CNMC) announced a plan to invest $1.3 billion in Zambia across a range of sectors. The agreement, announced by CNMC chairperson Xi Zhengping, includes a $400 million investment in the Chambishi copper mine, run by its subsidiary Non-Ferrous Corporation ...

Climate Graph of the Day: After a Rapid Increase, China’s Oil Demand May Have Peaked

After decades of ever-growing oil use, China's oil demand may have peaked this year, according to Chinese oil executives cited by FT. This has significant implications for countries from Angola to Russia to Brazil, which depend on selling oil to China.

A Debt Deal for Sri Lanka Without China?

Some members of Sri Lanka’s creditor committee are reportedly promoting an agreement to restructure the bankrupt country’s debt without China. According to a report by Bloomberg, the United States, Japan and India are pushing for a deal with Sri Lanka ...

Revealed: The Issues Complicating a Key Belt and Road Project in Pakistan

China is apparently balking at proposals from Pakistan to expand cooperation in their shared China-Pakistan Economic Corridor (CPEC), revealing growing problems in the key Belt and Road Initiative project. These were revealed by a comparison between the draft proposals submitted by Pakistan to ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

Kenyan Farmers Watch as Chinese Garlic Slowly Claims Market

Significant imports from China are meant to meet the shortfall since Kenyan farmers produce only 2,000 metric tonnes which only meets 50 to 60% of local needs. The rest is supplemented by imports from Rwanda and Tanzania.

China’s Wuling Electrifies Indonesia’s EV Market, but Can the Spark Last?

Chinese electric vehicle maker Wuling is reaping what it sowed almost eight years ago in Indonesia — the largest and most lucrative auto market in Southeast Asia. After injecting a billion U.S. dollar investment over that period, Wuling has now sold over 10,000 Air EVs and ...