Day: July 4, 2024

Related Posts

The Impact of Chinese Overcapacity on Developing Countries

South Africa this week joined a growing list of developing countries around the world that have introduced tariffs on certain Chinese imports to protect local producers. Indonesia, Mexico, Chile, and Brazil, among others, have also introduced similar duties on Chinese steel ...

China Confirms Citizens Dead, Missing After DR Congo Attack

China confirmed Thursday that an armed attack in the Democratic Republic of Congo (DRC) left several of its citizens dead or missing. Local sources told AFP on Wednesday that a militia attack on a mining site in gold-rich Ituri province killed ...

Philippines Hopes to Sign Key Defense Pact With Japan

Pam Castro The Philippines' military chief said Thursday he hoped a key defense pact with Japan allowing for the deployment of troops on each other's territory would be signed at security talks next week. Japanese ...

China’s BYD Opens EV Plant in Thailand Despite Slowdown, Tariff Row

By Damon Wake China's electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms.

SCOring Higher? China, Russia, and the Future of the Shanghai Cooperation Organization

By Giulia Sciorati The Shanghai Cooperation Organisation's (SCO) annual Head of State meeting was hosted in Astana on July 3rd and 4th as part of the SCO’s Kazakh presidency. Despite its over twenty years of activity, the SCO has seldom attracted ...

Analysis from Cobus van Staden

How to Lure Chinese Financing Back to the Global South: Report

Global South countries face increasing financing pressure, endangering their ability to keep developing while also implementing measures to deal with a growing climate crisis. The disruption of global trade is coupled with a larger megatrend: flows of international capital to the developing world have turned negative. This means that countries are now routinely paying more to service loans than they receive in disbursements.

The vast majority of Global South borrowers ...

Putin and Xi Advance Anti-West Alliance at Central Asian Summit

The leaders of China and Russia on Thursday urged their allies and partners to resist malign external influence, advancing their shared anti-Western agenda at a regional summit in Central Asia. Russian President Vladimir Putin and his Chinese counterpart Xi Jinping were ...