Month: July 2024
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3 Key Trends to Watch for China-Global South Ties in 2025
Trend-predicting – always a dicey enterprise – feels particularly difficult as the Biden administration dries to a crusty stain, and incoming U.S. President Donald Trump waits in the wings huddled in his signature cloud of white-hot incoherence. However, tracking a few ...
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Xi Vows To Promote ‘World Peace’ in New Year’s Message to Putin: State Media
Chinese President Xi Jinping vowed to promote "world peace" in a New Year's message to his Russian counterpart Vladimir Putin, state media reported on Tuesday. "No matter how the international situation changes, China will remain steadfast in further comprehensively deepening reform... ...
China Launches Investigation Into Beef Imports
China's commerce ministry launched an investigation into imported beef on Friday at the request of representatives from its struggling domestic industry. The local price of beef in China has trended downwards in recent years, with analysts blaming oversupply and a lack ...
Brazil Views Labor Violations at BYD Site as Human ‘Trafficking’
By Marc Burleigh Authorities in Brazil said Friday they were probing Chinese auto giant BYD and one of its contractors for suspected "trafficking" of Chinese workers who were building a factory in the South American country.
China, Iran FMs Agree Mideast ‘Not a Battleground for Big Powers’
The top diplomats of China and Iran agreed Saturday that the Middle East is "not a battleground for the big powers" and should not be an arena of geopolitical competition between countries outside the region. Foreign Minister Abbas Araghchi and his ...
Tonga's King Tupou VI and China’s President Xi Jinping shake hands after a signing ceremony at the Great Hall of the People in Beijing on November 25, 2025. Photo by MAXIM SHEMETOV / POOL / AFP
By Ben Strang More than four years on from one of the most powerful volcanic eruptions in history, Tonga is struggling to improve its infrastructure as it pays off a massive Chinese loan. When Hunga Tonga-Hunga Ha'apai erupted on ...
China’s Foreign Ministry Provides New Details About Upcoming Africa Summit
In an unusual move, China's Ministry of Foreign Affairs provided new details about the upcoming Forum on China-Africa Cooperation (FOCAC) summit that will take place during the first week of September. Spokesperson Lin Jian on Tuesday said a gathering of ...
China Condemns Assassination of Hamas Chief in Iran
China on Wednesday said it condemned the assassination of Hamas political leader Ismail Haniyeh in a strike in Tehran, warning it could lead to further instability in the region. "We are highly concerned about the incident and firmly oppose and condemn ...
“We Need to Do More” to Challenge China in the Global South, Says Washington’s No. 2 Diplomat
The second in command at the U.S. State Department told the Senate Foreign Relations Committee on Tuesday that the United States has to step up to compete more effectively with China around the world. China is the "defining geopolitical challenge confronting ...
China Says Philippines Risks ‘Greater Insecurity’ After U.S. Military Aid Pledge
China on Wednesday warned the Philippines it risks "greater insecurity for itself", after the United States said it would provide $500 million in additional military funding to Manila in the face of Beijing's growing assertiveness. In Manila on Tuesday, U.S. Secretary ...
Cobalt Prices Plunge to Eight-Year Low Amid Chinese Supply Surge
The price of cobalt, a critical metal used to manufacture electric vehicle batteries, has sunk to an eight-year low in Chinese trading. Analysts say the downturn is due to a combination of increased Chinese output of the blue metal and slumping demand for cobalt-powered batteries.
China Shows Off Force Projection Capabilities in Military Drills With Tanzania
China demonstrated new capabilities this week to deploy military forces to far-flung theaters with the first-ever use of the PLA's Y-20 transport aircraft to bring troops to East Africa. The PLA troops are participating in nearly two weeks of air and ...
U.S. Sanctions Firms in China, Iran for Aiding Tehran’s UAV Program
The United States sanctioned five people and seven companies in China and Iran on Tuesday, accusing them of aiding Tehran's ballistic missile and drone programs. The U.S. Treasury Department said in a statement that the sanctions targeted individuals and companies in ...
Rhetorical Heat Raises the Stakes in the South China Sea
Foreign Ministers from the U.S.-centric Quad defense alliance criticized what they called “coercive and intimidating maneuvers” in the South China Sea. This comes after talks between U.S. Secretary of State Antony Blinken, Japanese Foreign Minister Yoko Kamikawa, Australia’s Foreign Minister Penny ...
U.S. Will Reportedly Increase Military Funding to the Philippines
This week’s joint visit by U.S. Secretary of State Antony Blinken and Defense Secretary Lloyd Austin to Manila will reportedly see the announcement of $500 million in additional military funding to the Philippines to bolster its defenses, and a possible new military pact between the countries.
Blinken, Austin Hold Defense Talks With Philippine Counterparts
By Léon Bruneau U.S. foreign and defense ministers met their Philippine counterparts in Manila on Tuesday. Beijing's growing assertiveness in the South China Sea is likely to dominate the talks. A series of escalating confrontations ...
Falling Through the Net? The Perils of Relying on Central Bank Swaps for Global Crisis Finance
By Laurissa Mühlich, Thomas Goda, and Marina Zucker-Marques Since the 2008 global financial crisis, central bank swaps have emerged as an increasingly important pillar of the Global Financial Safety Net (GFSN), the network of institutions and arrangements that aim at ...
Quad ‘Seriously Concerned’ About Situation in South China Sea
By Léon Bruneau The foreign ministers of the United States, Japan, Australia and India on Monday expressed "serious concern" over the situation in the South China Sea in a veiled rebuke to Beijing. U.S. Secretary ...