Day: March 31, 2025
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China’s Factory Activity Edges up, Snapping 8-Month Slide
China's factory activity ticked up slightly in December, official data showed Wednesday, an unexpected silver lining to cap an otherwise lacklustre end to the year for the world's second-largest economy. A key measure of industrial health, the manufacturing purchasing managers' index ...
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Indonesia to Renegotiate China Rail Loan, 5.1m Riders This Year
Indonesia’s Jakarta–Bandung high-speed rail “Whoosh” carried 5.1 million passengers in January–October 2025, 6.3% more than a year earlier. The record lifts total ridership to more than 12.2 million since it opened on Oct. 17, 2023, the operator PT Kereta Cepat Indonesia China (KCIC) said.
Swapping Sides: How a U.S. Bailout Could Shift Argentina’s Geostrategic Compass
Since day one of the Trump administration, the United States has sought to reassert its presence and tighten its influence in Latin America. In doing so, Washington is working to push back against what it perceives as China’s growing preeminence in the region — a rise made ...
BYD Quarterly Profit Decline as Exports Can’t Offset China Slump
BYD quarterly profit declined after price cuts to fight slowing domestic demand; export growth couldn’t fully offset the China slide. Net profit for the three months to September was $1.10 billion, down 32.6% from $1.64 billion a year earlier, ...
Kenya’s Chinese Debt Swap Comes With a Hidden Currency Risk
The Kenyan Treasury last month announced a breakthrough in its years-long effort to restructure billions of dollars still owed to the China Exim Bank that were used to build the Standard Gauge Railway. The two ...
Wang Yi, China's Foreign Minister and S. Jaishankar, Minister of External Affairs of India
In the space of 24 hours, between Sunday and Monday, the foreign ministers from both China and India laid out their respective governments’ positions on the escalating war in the Middle East. In Beijing, China’s top diplomat, Wang Yi, was unsparing in his criticism of ...
Putin to Meet China’s Wang Yi During Moscow Visit: Kremlin
Russian President Vladimir Putin is expected to meet China's top diplomat Wang Yi during his visit to Moscow this week, the Kremlin said on Monday. Both Moscow and Beijing have said Wang Yi plans to hold talks with his Russian counterpart ...
Week Long Event Aims to Boost Kenya’s Trade Ties With One of China’s Largest Cities, Chongqing
He Hunghua, mayor of the sprawling industrial megacity of Chongqing in southwest China, wrapped up a week-long trade promotion visit to Kenya on Friday with more than $380 million of deals signed. Among the new agreements includes the construction of a new ...
China’s Rapid Response to Myanmar Quake Contrasts With U.S. Absence
China moved quickly this weekend to respond to the devastating earthquake in neighboring Myanmar that killed at least 1,700 people. More than 200 emergency personnel from across China along with dozens of others from Hong Kong and the Chinese Red Cross Society were ...
Ports, Power, and Politics: Behind the High-Stakes Battle Over CK Hutchison’s Panama Deal
By Alonso Illueca, CGSP Non-Resident Fellow for Latin America and the Caribbean This week, a multibillion-dollar deal was set to shift control of some 43 ports across 23 countries—but now, it’s at the center of an escalating geopolitical battle. The agreement ...
China Manufacturing Activity Grows for Second Straight Month
China's manufacturing activity grew in March for the second month in a row, official data showed Monday, as the world's second-largest economy fights to climb out of a prolonged slump. Authorities have looked in recent months to revive confidence in the ...
Strategic Sustainability: Indonesia’s Green Bet on the “BRICS Bank”
Indonesia’s decision to join the New Development Bank (NDB) under the BRICS framework presents an opportunity to accelerate its green industrial policy. As the country transitions toward a more sustainable economy, securing financing for clean energy, infrastructure, and environmentally friendly industries is paramount. NDB offers an additional ...