Related Posts

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

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 projects boosted engagement in Nigeria alone more than twelvefold.
These shifts indicate a window of opportunity for African electrification. 60% of Africans still ...

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 ...