Day: March 5, 2024
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Biden Administration Grabs Last Chance to Push Debt Trap Narrative
U.S. President Joe Biden argued on Wednesday that the United States is striving to be a qualitatively different investor from China in Africa. In making this case, administration officials couldn’t resist one last reference to a meme cherished by Democrats and ...
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Another Myanmar Militia Declares Ceasefire
A second major ethnic rebel group in Myanmar has announced a unilateral halt in its fighting with the country’s ruling military junta. Tuesday’s announcement by the Myanmar National Democratic Alliance Army (MNDAA) came a week after a similar announcement by the Ta’ang ...
Nepal Signs Belt and Road Deal
The Nepalese government announced on Wednesday that it signed a framework agreement with China on the Belt and Road Initiative. Kathmandu signed an initial BRI agreement in 2017, but projects have not progressed so far. The new agreement paves the way ...
Japan Grants Philippines Funding to Boost Naval Capabilities
Japan on Thursday granted the Philippines $10.6 million aimed at beefing up its naval capabilities, a day after Manila said the China Coast Guard had "harassed" its government vessels. The funds, part of a Japanese regional security assistance program, will provide more ...
Chinese Shopping App Temu Suspended in Vietnam: State Media
Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday. Goods ordered on Temu were no longer being cleared through customs in Vietnam, state media reported, ...
Environmental activists from Wahana Lingkungan Hidup (WALHI) organization wearing orangutan masks unfurled banners and posters during the International Action Day of Protest Against Bank of China in Jakarta, Friday, March 1, 2019.(Photo by Aditya Irawan/NurPhoto) (Photo by Aditya Irawan / NurPhoto / NurPhoto via AFP)
A Chinese-backed hydropower project in Indonesia is emerging as an example of a growing challenge in Beijing’s overseas investments. Compliance with host-country regulations may no longer be enough to shield projects from disruption, scrutiny, or reputational risk. The Batang Toru hydropower project is a major ...
Hints Emerge China Will Not Replace Wang Yi as Foreign Minister
It does not appear that China plans to replace its foreign minister, Wang Yi, as was widely speculated in the run-up to the annual legislative gathering known as the Two Sessions that started on Monday. Normally, when ministerial appointments are to be ...
Starkly Divergent Views on China Emerge at ASEAN-Australian Summit
Southeast Asian leaders gathering in Melbourne this week for the Australia-ASEAN summit expressed very different assessments of the threat by China to stability in the Asia-Pacific region. Philippines President Ferdinand Marcos, Jr. sounded the alarm again during a speech on Monday ...
Philippine Coast Guard Says Ship Damaged in Collision With Chinese Vessel
The Philippine Coast Guard said one of its ships was damaged Tuesday in a collision with a China Coast Guard vessel during a resupply mission to Filipino troops on a remote outpost in the South China Sea. It is the latest ...
Smartphone Sales Rebounded Last Year in Mideast and African Countries, Led by Chinese Brands
Smartphone sales in the Mideast and Africa rose sharply last year, led by Tecno, a subsidiary of Shenzhen-based Transsion Holdings, which surpassed Samsung in market share for the first time. Overall, sales in the region increased by 30% in Q4 2023 ...
Surveying the Geopolitical Landscape in SE Asia With ASEAN Wonk Prashanth Parameswaran
The escalating tensions between China, the Philippines, and the United States in the South China Sea highlight how Southeast Asia is now the most dangerous frontline in the burgeoning Great Power competition between Beijing and Washington.
Making Sense of Competing Narratives on Debt and Climate Change
By Tim Hirschel-Burns If you are a casual observer trying to keep up with the news on sovereign debt right now, you have every right to be confused by last month’s stories. According to Bloomberg, ...