Day: March 25, 2025
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Plugging into African Agency
After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big ...
A Chinese mining and materials giant, Sinomine Resource Group, is ramping up its dominance in the critical minerals sector, with a $400 million investment in Zimbabwe for the construction of the world’s second cesium smelting plant. The move positions Sinomine as the operator of ...
CGTN to Expand African Operations
China’s state-owned China Global Television Network (CGTN) will allocate resources to expand its operations across Africa. The funding boost will expand coverage across the continent’s five regions, said Cao Ri, CGTN’s Deputy Editor-in-Chief, at a press conference in Beijing. The expansion ...
Malaysia to Target Chip Flow to China Under U.S. Pressure
Malaysia will tighten regulations on the trade in semiconductors after coming under U.S. pressure to stem the flow of high-end chips to China. Trade Minister Zafrul Aziz told reporters: “ asking us to make sure that we monitor every shipment that comes to Malaysia when it involves Nvidia ...
China Slams U.S. ‘Interference’ in Venezuela Over Trump Oil Tariff Threat
China on Tuesday accused the United States of "interfering in Venezuela's internal affairs" after President Donald Trump announced 25 percent tariffs on imports from countries that bought oil and gas from the South American nation. On Monday, Trump said the new ...
Trump Moves to Punish Venezuelan Oil Trade, With China and India Likely to Feel the Blow
By Beiyi Seow and Becca Milfed U.S. President Donald Trump announced Monday steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.
Ecuador Set to Receive Chinese-Built Dam Pending Arbitration Over Defects
By Julie Radomski The hydroelectric megaproject Coca Codo Sinclair is among Latin America's most controversial Chinese-financed and constructed infrastructure projects. Although officially inaugurated in 2016, the dam has not yet been formally handed over to the Ecuadorian government — but this ...
Philippines, U.S. Kick off Army Drills Ahead of Hegseth Visit
The Philippine and U.S. militaries kicked off joint exercises involving a combined 5,000 troops on Monday, Manila said, days before new U.S. Secretary of Defense Pete Hegseth was set to visit the Southeast Asian country. The weeks-long operation, an opening salvo ...