Day: October 25, 2023

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Philippines Digs in Heels in South China Sea While Also Cautioning Restraint

The Philippines appears to be employing a strategy of resolve and restraint in the South China Sea amid some of the most dangerous confrontations with China in recent memory. Manila said it will continue to re-supply a ship it grounded in the ...

The South China Sea Crisis is Fast Approaching a Dangerous Tipping Point

The reactions to Sunday's at-sea collisions between Chinese and Philippines maritime forces reveal a very worrisome trend in what's fast becoming one of the world's most dangerous flashpoints. While the incidents were both minor, more like gentle bumps than violent collisions, ...

EU’s Global Gateway Forum Aims to Take On China’s Belt and Road

Wednesday and Thursday will see leaders from twenty countries gathering in Brussels for the Global Gateway Forum, the newest step in the EU’s global infrastructure scheme. The forum comes a week after China’s Belt and Road Forum, which gathered representatives from about 130 countries. ...

IMF Warns China’s Slowdown Could Hit Africa, Debunks Debt Trap Myth

The International Monetary Fund released a set of reports on Africa’s economic outlook and China’s shifting role on the continent. Overall, African economies are slowly rebounding after the double shocks of the pandemic and the Ukraine crisis. However, the IMF warns this recovery is endangered by constrained lending ...

Kenya’s President Didn’t Go to China to Get New Loans, Says Finance Minister

Senior Kenyan officials are trying to set the record straight about President William Ruto's trip to China last week and whether he went there with a billion-dollar request for new loans. Before he left, Deputy President Rigathi Gachagua told a radio interviewer ...

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 ...

South Africa’s Rand Merchant Bank and China Construction Bank Boost Ties for Trade, Financing

South Africa’s Rand Merchant Bank and China Construction Bank have extended a partnership for another five years to foster trade relations between China and Africa. The two will focus over the next five years on supporting customers within the China-Africa corridor ...

China Protests Illegal Fishing Accusations

China is furiously protesting claims that its distant water fishing fleets are involved in rampant illegal, unreported, and unregulated (IUU) fishing in waters as far away as South America. This follows a report by the U.S. National Oceanic and Atmospheric Association ...