Day: March 21, 2024
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Indonesia Secures $7.4 Billion Fresh Investment Commitment from China
Indonesia has secured $7.4 billion in new investment commitments from China, marking a significant boost to the nation’s economic and industrial sectors. The announcement came during a five-day visit by Indonesia’s Minister of Investment and Head of the Investment Coordinating ...
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Indonesian and Malaysian Leaders to Discuss Regional Priorities and Challenges Amid China-U.S. Tensions
Malaysian Prime Minister Anwar Ibrahim is set to meet with Indonesian President Prabowo Subianto and former Thai Prime Minister Thaksin Shinawatra on the Malaysian island of Langkawi near the Thai border as part of efforts to bolster ASEAN cooperation amid growing geopolitical and economic challenges.
Xi Took Center Stage at G20 While African Union Kept a Low Profile
This week's G20 summit wrapped up much the same way previous G20 gatherings have in recent years, with a weak final communiqué and lots of discord among the group's members. But this year's summit in Rio de Janeiro was nonetheless notable ...
China Says COP29 Draft Deal ‘Not Satisfactory’
China joined a global rejection of a draft deal on climate finance at the COP29 summit Thursday but urged nations to bridge their differences, with one day left in the talks. The text released by the UN climate conference's host, Azerbaijan, ...
China Planning Joint Security Company with Myanmar Junta
Myanmarese press reports say China proposed establishing a shared security firm with the country’s ruling military junta. The reports say the junta formed a working committee in October to prepare a memorandum of understanding for the potential company. The 13-member committee ...
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 ...
Ten Dead in Attack on Chinese-Built Port in Pakistan
Pakistani security forces foiled an attack on Gwadar Port, a key Belt and Road Initiative project. Armed militants detonated several bombs around the port complex before opening fire. All eight attackers and two soldiers were killed in fights with security forces.
Chinese Embassy in Manila Hits Back at U.S. For ‘Egging on’ Manila
The Chinese embassy in the Philippines on Wednesday released a statement saying Washington should refrain from “instigating trouble” in the South China Sea and that the U.S. was to blame for stirring up trouble in the region. This follows similar denunciations ...
Wang Yi Warns Australia about ‘Third Party,’ in Veiled Reference to U.S.
Chinese Foreign Minister Wang Yi met with his Australian counterpart Penny Wong and Prime Minister Anthony Albanese in Canberra on Wednesday, the newest indication that the relationship is warming up after a period of tension. In his opening remarks at the ...
Why the United States Struggles to Compete With China in Building African Infrastructure: Report
When it comes to building infrastructure in Africa, the U.S. dreams of competing with China, but in reality, there is hardly any contest to speak of. This is the main thrust of a new report by the Chinese research body, the Institute for International and Area Studies, ...