Month: February 2024
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BYD Is Not Planning to Enter the U.S. Market
Chinese electric vehicle manufacturer BYD is not planning to enter the U.S. market, according to Stella Li, CEO of BYD Americas, and will instead focus only on Mexico's domestic market with plans to construct a plant in the vicinity of Mexico City.
Satellite Images Confirm China’s Installation of Floating Barrier at Mouth of Disputed South China Sea Atoll, Beijing Calls Move “Necessary”
The Chinese Foreign Ministry confirmed that a floating barrier now blocks the entrance to the disputed Scarborough Shoal in the South China Sea, a move that will further inflame tensions with the Philippines, which also claims the atoll as its own. ...
Investors Celebrate Zambia’s Debt Deal With China by Snapping Up Government Bonds
Zambian bonds traded at their highest levels in 18 months on Monday following news that Lusaka reached a debt deal last week with official Chinese creditors. “China agreeing on terms means that we can get on with the private-creditor restructuring,” Sam ...
Sierra Leone President Arrives in China for State Visit
Sierra Leone President Julius Maada Bio arrived in China on Tuesday to kick off a five-day visit that will culminate in Beijing with a meeting with his Chinese counterpart Xi Jinping. Bio is also scheduled to meet with Premier Li Qiang ...
Algeria’s Controversial Chinese-Built Mosque Is Finally Open
Algeria inaugurated the Great Mosque of Algiers on Sunday, the largest Muslim place of worship in Africa, for which construction was completed in 2019. Built by a Chinese firm, the project is controversial because of delays and the huge cost involved ...
China and the Indonesia Nickel Trade: Measuring the True Labor and Environmental Cost
A lot of EV consumers bought new battery-powered cars in the hope it would be better for the environment than a vehicle with a conventional internal combustion engine that runs on fossil fuels. By some measures, that's no doubt true.
The Political Economy of Active Non-Alignment
By Jorge Heine The concept of Active Non-Alignment (ANA) came to the fore in 2019, the result of growing tensions between the United States and China and the ensuing need for Latin American countries to respond to what some
China Poised to Pick Off Another One of Taiwan’s South Pacific Allies as New PM Takes Office in Tuvalu
Lawmakers in Tuvalu have selected Feleti Teo as the Pacific island nation's new prime minister, a top official told AFP on Monday, weeks after an election that has put ties with Taiwan in focus. Former attorney general Teo secured the support ...
China’s Defense of Palestinians’ Right to Armed Resistance Gets Muted Response in Israel, Welcomed by Both Hamas and Iran
The Palestinian terrorist group Hamas and its Iranian backers both welcomed a strongly-worded statement delivered late last week at the International Court of Justice that said Palestinians' use of force to "resist foreign oppression" is an "inalienable right." Beijing's top diplomat for ...
Mideast Media Outlets Are Misreading a Chinese Naval Deployment to the Gulf of Aden
A trio of Chinese warships departed the Port of Zhanjiang in Guangdong province last week and are now on their way to the Gulf of Aden. There is nothing unusual about this deployment as the three vessels are going to replace ...
Two Japanese Destroyers Visit Cambodia
Two Japanese destroyers wrapped up a visit to the Cambodian port of Sihanoukville on Friday, located very close to a large naval base that China is currently constructing. As a country firmly aligned with China, Cambodia’s closer security ties with Japan ...
How Israel and the Gulf States are Adapting to the U.S.-China Rivalry
The various crises unfolding in the Middle East have prompted a lot of observers to explore China's role in the region and whether Beijing will take advantage of the current instability to bolster its position in key countries, particularly at the expense of the United States.