Day: February 4, 2025
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UnionPay Signs 11 New Cross-Border Payment Deals in Global Push
China’s UnionPay signed 11 new cross-border payment agreements this week as Beijing’s global payments push continues to gather partners from Southeast Asia to Latin America. The signings were announced in Shanghai. The latest group includes PayNet and Hong Leong Bank ...
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Taliban Announces Arrests Following Attack on Chinese Nationals in Tajikistan
Afghanistan’s Taliban government announced that two suspects have been arrested in connection with an attack on China Road and Bridge Corporation personnel on 30 November. Two people were killed, and two were injured in the attack. Authorities in Tajikistan reportedly ...
Japan Mulling Export of Weapons System to Philippines
Japan is reportedly preparing to export a command and control system to the Philippines. Designed by Mitsubishi Electric, the system would collect and analyze data about ships and planes passing through the area, and issue instructions to deployed military units. The transfer is aimed at improving cooperation ...
China Expanding Surveillance Hardware in South China Sea: Report
China has reportedly expanded its surveillance capacity in the South China Sea. A new report by the U.S. think tank, the Center for Strategic and International Studies’ Asia Maritime Transparency Initiative, used satellite images to track additions to three main Chinese facilities in the Spratly Islands.
China Buys Nearly Two in Five Cars Sold Worldwide in October
Almost two in every five new cars sold worldwide in October were bought in China, according to China Passenger Car Association (CPCA) Secretary-General Cui Dongshu. CPCA data put global auto sales in October at 8.64 million units, up 4 percent ...
A U.S. Marine Corps CH-53E Super Stallion with lands aboard the amphibious transport dock ship USS Portland during flight deck operations in the Pacific Ocean. Image via the U.S. Marine Corps.
In this edition of M&M, I want to examine one of the most common claims not only in Vietnam’s foreign policy circle but also in that of the United States. The United States is a Pacific power with an extensive network of alliances and bases across the Indo-Pacific, and its exercise ...
Thailand Approves 2nd Phase of High-Speed Rail, Connecting Bangkok to China by 2030
Thailand’s long-anticipated high-speed rail project to China is moving forward. On Tuesday, the Thai cabinet formally approved the second phase of the Thai-Chinese high-speed rail line, a 357-kilometer stretch from Nakhon Ratchasima to Nong Khai, with an investment of approximately $10 billion, equivalent to 340 billion ...
China Hits Back: Tariffs on U.S. Goods and a Probe into Google Signal Escalating Trade Tensions
China has unveiled a fresh wave of retaliatory measures against the United States on Tuesday, setting the stage for renewed trade tensions. Yet, analysts suggest that Beijing's "restrained" approach could indicate a willingness to negotiate rather than escalate into a full-blown trade war.
Panama Lawsuit Requests Axing Hong Kong Firm’s Canal Concession
Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following U.S. President Donald Trump's threats to seize the vital waterway. A subsidiary of CK Hutchison Holdings ...
Rubio in Costa Rica as He Seeks to Curb China Influence
U.S. Secretary of State Marco Rubio arrived Tuesday in Costa Rica as he presses to curb Chinese influence in Latin America on his first foreign trip. Rubio, a longtime hawk on China, began his trip in Panama, where he reported headway ...
Counterterrorism and Economy to Dominate Pakistani President’s Visit to China
Pakistan’s President, Asif Ali Zardari, is embarking on a five-day visit to China, where he will meet with Chinese leaders. Expanding Chinese security presence in Pakistan will reportedly be on the agenda. China’s heavy investment in the China-Pakistan Economic Corridor (CPEC) has made the key BRI project a ...
Malaysia Seeks Broader Economic Diversification Amid U.S.-China Trade and Tariff Tensions
As Malaysia strengthens its economic engagement with China, it faces increasing pressure from U.S. President Donald Trump’s renewed tariff threats. Prime Minister Anwar Ibrahim signaled on Tuesday that Malaysia will not be caught in a binary trade war but ...
Rubio Says Panama Addressing U.S. Concerns on Canal After Trump Threats
By Shaun Tandon U.S. Secretary of State Marco Rubio on Monday voiced optimism that Panama would address concerns over Chinese influence in the Panama Canal, bringing down the tone after President Donald Trump's threats to seize the vital waterway.