Day: April 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 ...
Chinese ambassador to South Africa Wu Peng together with Agriculture Minister John Steenhuisen mark the first shipment of stone fruit to China that will enter the market duty-free. Image via @SAgovnews
In a message to African heads of state gathered in Addis Ababa for the African Union's 39th summit last February, Xi Jinping announced that beginning May 1st, China would implement a “zero tariff” policy for the 53 African countries with which it has diplomatic relations. The message was clear. The African ...
Splashy Saudi Mega-Project NEOM Chases Chinese Funds
By Holmes Chan with Robbie Corey-Boulet in Riyadh Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting Chinese investors, detailing plans for a futuristic ski resort and 170-kilometer-long skyscrapers.
Maldives Votes in the Shadow of India-China Rivalry
The Maldives votes Sunday in a parliamentary election likely to test President Mohamed Muizzu's tilt towards China and away from India, the luxury tourism hotspot's traditional benefactor. Primarily known as one of the most expensive holiday destinations in South Asia, with pristine ...