Day: January 11, 2024
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China Signals Optimism on Rebuilding Ties with India
China is beaming friendliness to its massive neighbor across the Himalayas following recent high-level meetings between Indian and Chinese officials. The newest was a discussion between Liu Jianchao, the Minister of the International Department of the Communist Party of China’s Central Committee, and India’s ambassador to China, Pradeep ...
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The Global South is Becoming More Central to China’s Trade
While China’s trade data this month was largely gloomy, it also reflected interesting shifts. A breakdown of the data published by the Chinese publication Guancha showed that trade with key parts of the Global South is trending upwards. For example, the Association of Southeast Asian Nations is currently ...
China Will Keep Driving Global Growth: Xi
Chinese President Xi Jinping said China will keep powering global economic expansion and that the country will meet its 5% GDP growth target. The comments come a day after the CPC politburo announced the first monetary easing in fourteen years to boost ...
Asia’s Growth Faces Uncertainty Amid U.S. Policy Shifts: ADB Report
Asia's emerging economies are projected to experience the effects of U.S. President-elect Donald Trump's 2025 policies, according to a report by the Asian Development Bank (ADB) today. East Asia may face slower GDP growth due to trade ties with China, ...
Thailand Cuts Cheap Imports from China by 20%
Thailand recorded a 20% drop in low-quality imports, mostly from China, after introducing measures to curb cheap goods that were undercutting local businesses, a government spokesperson said on Monday. Government spokesperson Sasikarn Wattanachan said the reduction followed tighter regulations and ...
Graph via Foreign Affairs, based on Arab Barometer data
Worry about the Trump administration’s decision-making is leading the public around the world to see China as an increasingly attractive counter-option. This is the main takeaway from three large public opinion polls released recently. The annual Gallup poll of 130 countries is the largest of ...
China Acknowledges DRC Election Results
The Chinese Foreign Ministry on Wednesday formally expressed support for the results of the Democratic Republic of Congo’s recent election. This follows the Congolese Constitutional Court’s certification of the controversial poll. The court this week found that Felix Tshisekedi’s 73.5% landslide was ...
IMF “Optimistic” About Ghana Debt Deal Amid Predictions that Chinese Lending Could Bounce Back
The International Monetary Fund said it is hopeful that Ghana will reach a debt agreement with bilateral creditors soon, which would unlock another $600 million IMF payment to the country. The IMF’s Resident Representative for Ghana, Leandro Medina told Reuters: "We are ...
China Eyeing Nigeria for Military Aircraft Sale
China is reportedly marketing its Y-20 Kunfeng military plane to foreign buyers. In December, Nigerian Defence Minister Mohammed Badaru Abubakar was shown the Y-20BE model during a visit to Beijing, and it also attracted attention at the Dubai Air Show during the same month. ...
Philippines, Indonesia Strengthen Ties Against Backdrop of China’s Regional Assertiveness
The Philippines is bolstering ties with Indonesia and welcoming the country’s desires to help mediate tensions in the South China Sea, where Chinese and Philippine forces have clashed repeatedly throughout recent months. Indonesian President Joko Widodo and Philippine President Ferdinand Marcos Jr. ...
China, U.S. Meet Face-to-Face for First Time in Two Years to Discuss Taiwan and South China Sea
Chinese and U.S. military officials met in Washington this week for their first in-person talks in more than two years as the world’s two superpowers seek common ground after nearly a year of animosity. Taiwan and the South China Sea ...
China, Madives Upgrade Relationship
Mohamed Muizzu, the president of the Maldives, met with Chinese President Xi Jinping at the Great Hall of the People in Beijing on Wednesday. The meeting, Xi’s first with a foreign leader this year, saw the announcement of an upgrade of ties ...
China’s Maritime Research Has Military Role: Report
The government of Sri Lanka announced in early January that it is imposing a one-year ban on Chinese research vessels docking at its ports. Last year, Colombo got into a spat with India about allowing a Chinese ship to dock amid Indian fears about military surveillance.