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Egypt Eyes Deeper Yuan Ties With China

In a call with Chinese Foreign Minister Wang Yi, Egyptian Foreign Minister Badr Abdelattyi signaled Cairo's interest in doubling the value of its existing currency swap agreement with Beijing—a move that would reduce Egypt's reliance on dollar-denominated financing for bilateral trade. ...

With CGSP Staff

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U.S. Frets Over Potential Chinese Role in Brazil’s Santos Port

Kevin Murakami, the U.S. consul general in São Paulo, said Washington would oppose a Chinese company winning a tender for a planned large container terminal at Brazil’s Port of Santos, one of Latin America’s most strategic trade hubs. Murakami warned Brazilian ...

India Walks a Tightrope on Iran War as BRICS Frictions Grow

India is increasingly positioning itself as a behind-the-scenes broker within BRICS as divisions widen over the Iran conflict. But the effort is exposing tensions inside the bloc. Officials say New Delhi is actively facilitating diverging opinions among BRICS members on how to respond to ...

Chinese Supertanker Routes Saudi Crude via Red Sea, Bypassing Hormuz

The Kai Jing, a Very Large Crude Carrier operated by China Merchants Energy Shipping, passed through the Red Sea's Bab el-Mandeb Strait on March 16 carrying 2.2 million barrels of Saudi crude—the first Chinese supertanker to bypass the Strait of Hormuz since its de facto closure on March ...

Vietnam’s Communist Party Chief Meets With China’s Three Ministers Following 3+3 Dialogue

Tô Lâm, the General Secretary of the Communist Party of Vietnam, met with China's Foreign Minister Wang Yi, Defence Minister Dong Jun, and Minister of Public Security Wang Xiaohong in Hanoi on Tuesday. This follows China and Vietnam's first ...
China’s Zero-Tariff Promise to Africa Masks a Deepening Trade Imbalance
Chinese ambassador to South Africa Wu Peng together with Agriculture Minister John Steenhuisen mark the first shipment of stone fruit to China that will enter the market duty-free. Image via @SAgovnews
In a message to African heads of state gathered in Addis Ababa for the African Union's 39th summit last February, Xi Jinping announced that beginning May 1st, China would implement a “zero tariff” policy for the 53 African countries with which it has diplomatic relations. The message was clear. The African ...

Seeking Mexico Foothold, China’s BYD and Geely Bid to Buy Car Plant

Two of China's leading automakers, BYD and Geely, are among the finalists vying to purchase a Nissan–Mercedes-Benz plant in Mexico, according to a person familiar with the matter, as China seeks a manufacturing foothold in a country where U.S. tariffs are fueling factory closures and layoffs.

Nigeria Opens Probe Into Temu Over Suspected Data Protection Breaches

Nigeria's data watchdog has opened a probe into Chinese-owned e-commerce giant Temu for suspected violations of data laws, the regulator said on Tuesday, a move that could lead to legal penalties in one of Africa's biggest markets. The Nigeria Data Protection ...

U.S. and China Take Divergent Paths in the New West Asia

The United States and China are pursuing sharply different strategies in a region that is no longer best understood as the "Middle East," but as part of a broader Asian-centered geopolitical system historically described as "West Asia."

Foreign Cars Flow to Russia Through China, Skirting Ukraine War Sanctions

By Alessandro Parodi, Gleb Stolyarov and Alexandr Reshetnikov Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often circumvent Western and Asian government sanctions and automakers' commitments to exit the Russian market, according to ...

Philippines Says Takes Exception to China Embassy Comment on Job Losses 

The Philippines takes "strong exception" to a statement by the Chinese Embassy in Manila that the simmering diplomatic spat between the two countries could result in the loss of millions of jobs, the foreign ministry said, adding that such comments could be seen as coercive.
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