Day: August 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 ...
A Chinese national believed to be a Huione Pay creditor fell down after clashes with police and security personnel during a protest near the National Bank of Cambodia headquarters in Phnom Penh on April 27, 2026. Photo by TANG CHHIN SOTHY / AFP
By Suy Se Waving their national flags, dozens of Chinese nationals protested outside Cambodia's central bank on Monday, demanding the unfreezing of accounts they opened with a financial services firm linked to cyberscamming. Some demonstrators wielded umbrellas and clashed ...
Senior Commerce Ministry Official Says China Not the Main Creditor in Africa, Refutes Debt Trap Charge
The top Africa official at China's powerful Ministry of Commerce (MOFCOM) forcefully pushed back against U.S. and Indian accusations that Beijing engages in predatory lending on the continent. Shen Xiang, MOFCOM's director of West Asia and Africa, responded to a question ...
FOCAC Should Focus on Promoting Green Energy Projects: Standard Bank
Energy issues are widely expected to be very high on the agenda at the upcoming Forum on China-Africa Cooperation summit that gets underway on September 4th in Beijing. Most African countries are facing chronic power shortages that are increasingly exacerbated by ...
China’s Xi Promises Stronger Fiji Ties in World of ‘Turmoil’
Chinese President Xi Jinping pledged to strengthen ties with Fiji in a world beset with "turmoil" as he met the Pacific island's Prime Minister Sitiveni Rabuka in Beijing on Tuesday. China has stepped up its courtship of South Pacific nations in ...