Day: March 24, 2025
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At UN, Russia and China Criticize U.S. Conduct Toward Venezuela
Russia and China on Tuesday criticized the United States for its military and economic pressure on Venezuela, telling the UN Security Council it was "cowboy behavior" and "intimidation." Venezuela, which requested the emergency council meeting with the backing of Moscow and ...
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Why Honduras’ Presidential Election Matters for China and Taiwan
More than three weeks after elections were held, Honduras still does not have a new president. Nasry Asfura of the conservative National Party leads by a narrow margin, with roughly 43,000 more votes than his closest competitor, Salvador Nasralla of the Liberal Party. ...
Kuwait Signs $4.1 Billion Deal With China to Build Port
Kuwait has signed a $4.1 billion deal with China to complete construction of a major port, as the oil-rich country seeks to diversify its economy and play a larger role in global trade. The State Audit Bureau, a government oversight body ...
China Launches WTO Complaint Over India Solar, IT Trade Measures
China launched a complaint with the World Trade Organization over Indian measures on trade of solar cells and modules as well as information technology goods, the global trade body said Tuesday. The WTO said that Beijing had requested that it initiate ...
Uganda’s First Zero-Tariff Exports to China Depart, Underscoring Challenge of Low-Value Goods
Ugandan President Yoweri Museveni proudly waved his national flag at a send-off ceremony on Friday for 11 tons of dried chili bound for China. This shipment is among the first Ugandan exports to China that will benefit from Beijing's new zero-tariff ...
Chinese President Xi Jinping attends a lay wreath ceremony at the Ho Chi Minh mausoleum during a two day state visit to Hanoi, Vietnam December 13, 2023. Vietnam is increasingly edging closer to China's model of governance, tightening state control while embracing Chinese technology and regulation. REUTERS/Thinh Nguyen
By Francesco Guarascio Vietnam is increasingly edging closer to China's model of governance, tightening state control while embracing Chinese technology and regulation as its most powerful leader in decades heads to Beijing this week, according to internal documents, public policy plans and sources. ...
China Expands Strategic Reserve of Industrial Metals as Indonesia, Philippines Tighten Supply
China is quietly expanding its strategic reserves of key industrial metals, including nickel, just as Indonesia and the Philippines tighten export policies and raise mining royalties, reshaping global supply chains. Beijing’s stockpiling efforts and shifting supply dynamics in Southeast Asia are ...
Chinese Export Surge is Destroying Millions of Jobs Across the Global South
From Mexico to Malaysia, countries across the Global South are finding it increasingly difficult to compete with a massive surge of Chinese exports that are undercutting local producers and prompting mass lay-offs. Indonesia's textile and apparel industry lost a quarter a million ...
China’s CMOC Group Announces Strong Earnings as Market is Split Over DRC’s Cobalt Export Ban
The world's largest cobalt producer, China's CMOC Group, announced record earnings for 2024 with net income jumping 64% to $1.9 billion, well above analyst estimates. These results are particularly impressive given the fact that cobalt prices hovered near record lows last ...
Geely is the Latest Chinese Auto Major to Enter the Vietnamese Market
Geely joins a rapidly growing number of Chinese auto brands targeting Vietnam's growing middle class. The Chinese automaker officially unveiled three new models, both gas and electric-powered, at a launch event in Hanoi last week. The company is also planning to ...
While They May Have Their Differences at Sea, on Land, Vietnamese and Chinese Border Guards Get Along Great
Chinese and Vietnamese border soldiers conducted joint patrols last week along their shared land border near the northern Vietnamese province of Hà Giang. Officers from both armies also met to discuss increased cooperation to prevent illegal crossings, smuggling, and other issues. What's ...
Trump is Helping China, Japan, and South Korea to Look Beyond Historical Rivalries — But They’re Still Working Out the Details
Japan, South Korea, and China agreed Saturday that peace on the Korean Peninsula was a shared responsibility, according to Seoul’s foreign minister. The three countries' top diplomats met in Tokyo and pledged to increase cooperation, deepen trade ties, and restated their goal of a denuclearized Korean Peninsula. ...
Japan, China in New Spat After Three-Way Talks
Japan and China became embroiled in a new spat on Monday with Tokyo accusing Beijing of misrepresenting its position after high-level weekend talks also involving South Korea. The discussions in Tokyo were billed as a chance to improve historically frosty relations ...
Japan, China, and South Korea Agree to Promote Peace, Cooperation
By Natsuko Fukue and Katie Forster Japan, South Korea and China agreed Saturday that peace on the Korean peninsula was a shared responsibility, Seoul's foreign minister said, in a meeting of the three countries' top diplomats in which they pledged to ...