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 ...
Category: Business
Q&A: The “Guanxi”: An Anthropological Look at the Chinese Businessman in Peru
The recent scandal dubbed “ Chifagate ” and the revelations about the so-called “ Dragon Club ” have once again put the relationship between Peruvian political power and Asian investments under scrutiny. However, beyond the anecdote of a dinner at a chifa or ...
China Flexes Its Muscle at Singapore Airshow as U.S. Isolated
China used this week's Singapore Airshow to flex its military and aviation muscle, drawing heavy attention from regional delegations as Beijing sharpens its bid for influence in Southeast Asia. The U.S. military has demonstrated its power this year through ...
U.S. Drone Makers Seek Asia Sales as China Threat Rises
Several U.S. drone firms made their debut at the Singapore Airshow this week, seeking to expand their business beyond the Pentagon into Asia, where countries are increasingly concerned about the threat posed by China's military build-up. The lethal success of drones on both ...
China’s BYD Designing New Model for India: Senior Official
China's BYD, the world's top electric carmaker, is preparing a new model for India as it looks to continue its rapid overseas growth, executive vice president Stella Li told AFP on Tuesday. Engineers at BYD's headquarters in Shenzhen, southern China, are ...
Copper Rebounds on China Stockpiling, Stronger Risk Sentiment
By Eric Onstad Copper prices rebounded on Tuesday after news that China plans to boost stockpiles of copper and as risk sentiment rekindled among global investors. Benchmark three-month copper on the London Metals Exchange gained 3.6% to $13,360 ...
Analysis from Cobus van Staden
India Govt, Central Bank in Talks With Alipay+ to Integrate Its Instant Payment Systems, Sources Say
India's government and central bank are in talks with Ant International about allowing Alipay+ to be linked with India's instant payments system for cross-border transactions, according to two government sources. The move would help make payments easier for Indian tourists as ...
China E-Mobility Weekly Digest: BYD Enters Tanzania as CKD Assembly Remains Africa’s Most Practical Manufacturing Option
This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. Many African countries are talking up local electric vehicle (EV) manufacturing, but the lack of infrastructure and reliable energy remains ...
Peru President Says Backlash Over Chinese Businessman Meetings Aims to Derail Elections
By Marco Aquino Peruvian President Jose Jeri told lawmakers on Wednesday that calls for his removal over undisclosed meetings with a Chinese businessman are an attempt to destabilize his government and disrupt upcoming elections. Jeri, who took ...
Temu Office in Turkey Raided by Competition Authorities
By Helen Reid and Ezgi Erkoyun Online retailer Temu's office in Türkiye was raided early on Wednesday, the country's competition authority and a spokesperson for the Chinese company told Reuters. The move follows a December raid on ...
Peru’s President Asks to Appear Before Congress Amid Scandal Over Meetings With Chinese Businessman
By Marco Aquino Peruvian President Jose Jeri has asked to appear before Congress to "clarify" meetings he held with a Chinese businessman outside of his official agenda, which are being investigated by the public prosecutor in a new political scandal rocking the country. ...
Pakistan’s Defense Boom Puts Chinese-Designed Jets on the Global Market
By Saad Sayeed and Ariba Shahid Pakistan's defense manufacturing industry is running red hot since its jets, drones and missiles earned the coveted 'combat tested' tag in a conflict with India last year, attracting a slew of interested buyers.
India’s Central Bank Proposes Linking BRICS’ Digital Currencies, Sources Say
By Jaspreet Kalra and Nikunj Ohri India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the U.S. dollar as geopolitical tensions ...