Author: CGSP Staff

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Egypt, China Sign Big Chemical Factory Deal

Egypt has signed a deal with China State Construction Engineering Corporation (CSCEC) and East China Engineering Science and Technology Co. for a $658 million industrial complex that will focus on the production of phosphoric acid. The plant will use locally extracted phosphate ore.

China, Bangladesh, and Pakistan Eye New Regional Grouping

The governments of China, Bangladesh, and Pakistan are reportedly in advanced talks to establish a new regional cooperation bloc. The Pakistani newspaper Express Tribune reported that the high-level meeting held between representatives of the three countries in Kunming on 19 June mainly focused on laying a new regional ...

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 ...

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 ...

Senegal Signs Transport Deal in China

Senegalese Prime Minister Ousmane Sonko signed a deal aimed at transforming his country’s public transport sector during his state visit to China. The deal would see the establishment of an industrial assembly facility that will produce gas and electric buses. It aims to replace 40,000 diesel buses. ...

Analysis from Cobus van Staden

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 the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

Vietnam and China Call for Deeper Ties

Vietnam’s Prime Minister Pham Minh Chinh met with Chinese Premier Li Qiang on Tuesday, amid ongoing pressure from the United States to loosen the ties between the countries. The two met on the sidelines of the World Economic Forum’s Annual Meeting of the New Champions gathering in ...

New Zealand Cuts Aid to Cook Islands Over China Deal

New Zealand has paused $18.2 million in development aid to the Cook Islands because of a recent cooperation agreement with China. Prime Minister Christopher Luxon, who is on an official visit to Beijing this week, said the small state didn’t consult New Zealand about the “breadth and ...

Bangladesh Joins China-Pakistan Cooperation Framework

China solidified its triangular relationship with Pakistan and Bangladesh at a meeting late last week. Chinese Vice Foreign Minister Sun Weidong met with Bangladesh’s Acting Foreign Secretary Ruhul Alam Siddique and Pakistan’s Additional Foreign Secretary for Asia-Pacific Imran Ahmed Siddiqui on the sidelines of the China-South Asia ...

China and India Confirm Warmer Border Relations

Chinese Foreign Minister Wang Yi met with India’s National Security Advisor Ajit Doval in Beijing on Monday. Doval is also Delhi’s special representative for border issues with China, and the meeting focused on continuing the thawing of border relations following a meeting between Chinese President Xi Jinping ...

WEEK IN REVIEW: Russia, China Plan Joint Military Drills 2025

Russian President Vladimir Putin reportedly said on Wednesday that Russia is planning joint military exercises with China in 2025. No details about the date and nature of the exercises were released. China and Russia last held joint exercises in September 2024 off Russia’s eastern coast. (REUTERS) ...

China Elevates Ties with Central Asia Amid Growing Security Concerns

Chinese President Xi Jinping signed a treaty on Tuesday to upgrade ties with five Central Asian countries. China is increasingly deepening ties with the region amid growing conflict in West Asia. Xi said the new Treaty of Permanent Good-Neighbourliness and ...

Africa-China Trade Fair Delivers $11.39 Billion in Deals

The fourth annual China-Africa Economic and Trade Expo (CAETE) concluded on Sunday with deals signed for 176 new projects, worth a total of $11.39 billion. The number of deals jumped by 45.8%, while the total value increased by 10.6% since the previous fair in 2023. ...
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