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WEEK IN REVIEW: China to Shift to a Massive-Scale Consumption Economy – China’s Premier Li Qiang

The Taiwanese tech company Foxconn, a major assembler of Apple products, received approval from Taiwan’s regulator for a $2.2 billion investment in facilities in India and the U.S. The Department of Investment Review in Taiwan’s Ministry of Economic Affairs also approved a $1.49 billion investment in a subsidiary ...

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from ...

Asian Infrastructure Investment Bank Appoints “Tiger-Fighter’ as New Leader

The Asian Infrastructure Investment Bank has appointed a new leader. Zou Jiayi, a former Vice Finance Minister and anti-corruption official, was elected as the new leader of the development bank, which functions as a China-centric version of the World Bank. She replaces Jin Liqun, the founding ...

Six Million Donkeys Slaughtered for Chinese Medicine: Charity

Almost six million donkeys are slaughtered annually for Chinese medicine, with severe knock-on effects for African villagers who rely on the animals, a UK-based charity said on Thursday. It is driven by an increase in China's production of ejiao -- a ...

China Forced to Regroup After Israel-Iran War

China is emerging from the U.S.-Israeli war against Iran in a much weaker position. For years, Beijing counted on Tehran to serve as a bulwark against Washington. Today, though, that's no longer possible as the Iranian government and its proxies across ...

Analysis from Cobus van Staden

Looking Beyond “Useful Africa” at the Mining Indaba

With U.S.-South Africa ties in the deep freeze, it was notable to see the sheer size of the U.S. delegation sent to this week’s Mining Indaba in Cape Town – one of the most prominent industry gatherings and one of the few where the Global South gets a prominent voice.
The Trump administration’s famous Afrophobia seems (momentarily at least) tempered by its greed for minerals. It is reportedly walking ...

China Hosts Iranian, Russian Defense Ministers Against Backdrop of ‘Momentous Change’

China hosted defense ministers from Iran and Russia for a meeting in its eastern seaside city of Qingdao on Thursday against the backdrop of war in the Middle East and a summit of NATO countries in Europe that agreed to boost military spending.

Putin Will Not Travel to BRICS Summit in Brazil Due to ICC Warrant: Kremlin

Vladimir Putin will not travel to Brazil for next month's BRICS summit due to the outstanding International Criminal Court (ICC) arrest warrant on the Russian president, the Kremlin said Wednesday. Putin is wanted by the Hague-based ICC for the alleged illegal ...

Chinese-Moroccan Joint Venture Inaugurates EV Battery Parts Plant

A Chinese-Moroccan joint venture announced on Wednesday the inauguration of a new factory for electric car battery components, the first of its kind in the North African country. The complex will ultimately have a production "capacity equivalent to 70 GWh per ...
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