Day: April 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 ...
WEEK IN REVIEW: Afreximbank Taps China Market with RMB-Denominated Bond
The Chinese authorities are reportedly stopping Chinese companies from investing in the United States. Bloomberg reports that China’s key economic planning agency, the National Development and Reform Commission, has halted registration and approval processes for firms that want to invest in the U.S. It is unclear how long ...
Power Plays: China’s Changing Energy Financing in Africa
By Wu Tianyi Over the past two decades, Chinese financing in Africa has boomed and waned and undergone cycles of change. Initially dominated by lending from state-owned policy banks for large infrastructure and energy projects, notably in coal and hydropower, the ...
In China’s Wake, India Tries a Cleaner, Fairer Mineral Path in Africa
In January, the Indian government published a new critical minerals strategy that details how the country aims to bolster supply chains necessary for its green energy transition. While the report underscores the importance of developing domestic supplies of lithium and other ...
The New “Washington Dissensus” & the Uncertain Future of Global Economic Leadership
By Lukas Fiala With markets reeling from U.S. President Donald Trump’s tariff bazooka, economists around the world are seemingly waking up to the new reality of the "Washington Dissensus." America rejects the very idea of the world it has created, its ...
China Arrests Three Filipinos Suspected of Spying
China on Thursday said it had "destroyed" an intelligence network set up by the Philippine espionage agency and arrested three spies from the country. The announcement comes as the two countries continue to confront each other over disputed territory in the ...