Day: July 9, 2024
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Singapore State Investor Temasek Focuses on U.S. After China ‘Underperformance’
Singapore state investor Temasek, one of the world's top funds, said on Tuesday it would prioritize investments in the United States after the "underperformance" of Chinese capital markets over the past year. Temasek said its net portfolio value rose 1.8% in ...
Indonesia and China Explore Transportation Collaboration Beyond Electric Vehicles
This article is co-authored by Muhammad Zulfikar Rakhmat, Director of the China-Indonesia Desk at the Center of Economic and Law Studies (CELIOS), and Yeta Purnama, researcher at CELIOS. In recent years, Indonesia has become more interested in deepening transportation ties ...
Beijing-Brokered Ceasefire in Myanmar Shattered as Fighting Resumes Near Chinese Border
Residents of Kyaukme in northern Myanmar are counting their dead and picking through rubble following fresh fighting that shredded a Beijing-brokered ceasefire between the junta and an alliance of armed ethnic groups. Last week fighters from the Ta'ang National Liberation Army ...
China’s BYD Signs Deal to Open Electric Car Plant in Turkey
China's electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariffs. The signing ceremony in Istanbul between BYD's CEO Wang Chuanfu ...