Day: June 3, 2025
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Chinese Cross-Border Payments Expand in Southeast Asia
Cross-border payments using QR codes between China and several Southeast Asian countries took a leap forward this week. Chinese travelers to Vietnam, Thailand, and Indonesia can now use cashless QR code-based payments, eliminating the need for currency conversion. The initiative ...
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How Green Hydrogen Is Opening a New Chapter in China-Latin America Relations
In a global context marked by climate urgency and transition to cleaner energy, green hydrogen—a fuel produced by splitting water into hydrogen and oxygen using renewable energy—has emerged as a strategic vector for decarbonization. Unlike solar or wind power, which ...
Cook Islands Involved in Trade of Sanctioned Oil to China?
Several tankers suspected of transporting Iranian and Russian oil to China were registered to the Cook Islands, according to an ongoing investigation by AFP. The news agency analyzed sanctions data from the U.S. and UK, and found that at least 34 ships tagged as transporting sanctioned oil in ...
Taiwan Pushes to Reset Ties with Honduras
Taiwan is ready to reestablish diplomatic relations with Honduras, and has been in touch with the two right-wing frontrunners in the closely fought election, said Taiwanese Foreign Minister Lin Chia-lung on Tuesday. Both Salvador Nasralla (who took a narrow lead as ...
China to Expand Power Exports to Vietnam as Needs Surge
Vietnam is considering a sharp jump in electricity purchases from China as it looks for ways to keep the lights on in its fast-growing northern region. Factories there have multiplied. So have homes. Hanoi wants double-digit economic growth, and officials say the grid needs help to ...
Imported sulphur is seen at a port in Nantong, Jiangsu province, China March 22, 2018. Picture taken March 22, 2018. REUTERS/Stringer
By Andy Home The Iran war has already caused turmoil in the global aluminum market, but now the fallout is spreading to both copper and nickel supply chains. The conduit is sulfur, a by-product of the Gulf's oil ...
Pakistan, Afghanistan Agree to Promote Regional Railway Project
Pakistan’s Foreign Minister Ishaq Dar and Afghanistan’s Acting FM Amir Khan Muttaqi agreed to push forward a regional rail project that would connect the two countries to Uzbekistan. This emerged after a call between the two on Sunday. The call follows ...
Why China’s “Overcapacity” Looks Very Different in the Global South
A new Financial Times article about rapid changes in Pakistan’s electricity mix highlights how the large-scale production of solar panels and batteries in China, criticized as overcapacity by G7 governments, provides Global South countries the opportunity to rapidly expand their electricity supply and decarbonize their economies.
Indonesia Hints at China’s J-10 Fighter Jets Deal in Deleted Defense Minister Post
Indonesia’s defense minister's deleted social media post on J-10C fighter jets may have revealed more than intended: Jakarta’s plan on a potential deal with China to purchase, signaling a quiet pivot that potentially disrupts Jakarta’s longstanding military ties with Washington. Although ...
China’s EV Price War Could Offer Short-Term Gains But Long-Term Risks for Global South Consumers
BYD is no longer just building electric cars; it’s building pressure. As China’s dominant electric vehicle (EV) maker cuts prices, scales exports, and tightens its grip on market share, competitors, especially at home, are feeling the strain, but in Africa and Asia, the tide may just be ...
China Factory Activity Hits Lowest Since 2022, Survey Shows
Chinese factory activity hit a more than two-year low in May, a closely watched survey showed Tuesday, as a detente in Beijing's trade war with Washington was offset by ongoing domestic problems in the world's number two economy. China and the ...