Month: November 2023
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Changan Becomes Latest Chinese Automaker to Break Ground in Thailand
Changan, one of China’s Big Four automakers, held a groundbreaking ceremony on Wednesday for its first assembly plant in Thailand, following other Chinese car sellers in a rapid expansion into Southeast Asia. The new manufacturing facility is located in Thailand’s auto hotspot ...
Xinhua Lays Out China’s Approach in the Middle East
Since the Hamas attacks on Israel triggered a growing conflict, China’s position has come in for a lot of discussion around whether it will mediate in the crisis, as offered earlier. However, China has so far largely followed a cautious approach, sticking ...
Inside the Chinese-Built Party School in Tanzania
When Tanzania’s Mwalimu Julius Nyerere Leadership School, which was built and financed by China was launched in 2022, it drew a lot of attention. It's an academy aimed at training officials from Southern Africa’s six ruling liberation movements, a group ...
Beijing Says Chinese Among Casualties In Myanmar Factional Fighting
Beijing confirmed there were Chinese casualties in Myanmar as fighting escalates between ethnic militias and the military-ruled government along the border with China. Foreign ministry spokesperson Wang Wenbin did not say whether the Chinese were killed or wounded, though local media in ...
U.S. Leads Multilateral Military Drills in Philippines as China Tensions Simmer
Troops from the Philippines, the U.S., Japan, and South Korea are set to conduct a series of joint training exercises across the Philippines as tensions between China and other countries in the region remain on edge. The UK will join as an ...
U.S.-China Meeting on Middle East
Chinese special envoy to the Middle East Zhai Jun met with Nicholas Burns, the U.S. ambassador to China. They discussed the Gaza crisis and the wider situation in the Middle East, according to a statement by the Chinese Foreign Ministry. (CGTN)
Kenya Wildly Overpaid for Chinese-Built Railway: Politician
As increased debt payments eat into Kenya’s budget, the business executive and 2022 presidential contender Jimi Wanjigi alleges that the country overpaid by more than 100% for the Standard Gauge Railway. The controversial project, built by China Road and Bridge Corporation, has ...
How Illegal African Timber Ends Up in Home Depot
At least 1.2 million doors sold to U.S. consumers between 2017 and 2022 at the massive home improvement chain Home Depot came from threatened forests in Equatorial Guinea via China. This is the finding of a new Environmental Investigation Agency report on the trade in okoume, a kind ...
Truckers Strike Paralyzes Chinese Copper/Cobalt Shipments From the DR Congo
Truckers in the DR Congo have brought the all-important copper and cobalt trade to a standstill over their refusal to drive unless logistics firms pay an additional $700 risk allowance fee. The strike that began late last month has now ...
Why Rock Bottom Prices for EV Battery Metals Bolsters China’s Longterm Strategy to Dominate Critical Minerals
South Africa's Impala Platinum announced voluntary buyouts this week in a bid to cut costs as the mining company grapples with persistently low metal prices. With the price of palladium down 40% this year and platinum off 14%, the challenge facing Impala ...
New Report Tracks Major Developments in Chinese Lending
China’s Belt and Road Initiative is evolving rapidly to take on debt, reputational, and ESG challenges that affected its first decade. This is one of the findings of a landmark report from AidData, a research institute at the College of William and ...
Thaw Between China and Australia Could Have Big Implications for Global South
China and Australia have “no fundamental conflicts of interest.” This was the line from Chinese President Xi Jinping during his meeting with his Australian counterpart Anthony Albanese in Beijing on Monday. The visit, the first by an Australian prime minister since 2016,