Category: Business
Trump 2.0 and U.S.-China Competition Across the Global South
By Chris Alden, Felix Brender, and Lukas Fiala While U.S. elections have commonly captured the world’s attention, it is safe to say this week’s result has perhaps been one of the most anxiously anticipated outcomes both within the U.S. and in ...
There’s Only One Reason That Explains Why Chinese Companies Are Pumping Out so Much Cobalt: Politics
Chinese mining giant CMOC Group, or China Molybdenum, announced this week that it reached its full-year cobalt production target three months ahead of schedule. This would probably have been welcomed as good news in an earlier era. But in today's market, when the price of the blue ...
Heightened Competition in the African Phone Market Weighs on Transsion Profits
Shenzhen-based mobile phone giant Transsion Holdings has dominated the African market for over a decade, outpacing Samsung, Apple, and a handful of other Chinese brands. But now, the maker of Tecno, Itel, and Infinix brand phones say their rivals are catching up and hammering the company's profits. ...
Indonesia Bets on SE Asia’s First Battery Plant to Become EV Hub
By Marchio Gorbiano Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line at Indonesia's inaugural electric vehicle battery plant, the first in Southeast Asia. After being chosen by ...
IMF Chief Seeks More Details on BRICS Payments System Plans
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday. The meeting of the BRICS -- meaning Brazil, Russia, ...
Stymied in the West, Chinese EV Brands Look to Expand in Africa
Just over a million new vehicles were sold in Africa last year, a relatively small number given the continent's enormous population, estimated at 1.5 billion. Chinese auto brands are looking at that discrepancy and think it provides a unique opportunity for ...
Thailand’s EV Incentives: Boosting Chinese Investment, but at What Cost to Local Workers?
For more than two decades, Thai automotive worker Winai Tintanod has witnessed the ups and downs of Thailand’s automobile manufacturing, a sector sustained by the likes of car-making giants like Toyota and Honda. From the manufacturing peak output in 2011, when the country introduced a subsidy for ...
Climate Change, Economics Muddy West’s Drive to Curb Chinese EVs
By Oliver Hotham and Mary Yang China's meteoric rise as the world's powerhouse of electric vehicle production makes Western efforts to curb their exports a tough sell -- and means they could even stifle the fight against climate change, analysts warn. ...
U.S. Can Do More Than Just Blocking China-Invested Indonesian Nickel
This article is co-authored Muhammad Zulfikar Rakhmat, Director of the China-Indonesia Desk at CELIOS, and Yeta Purnama, a researcher at the Center of Economic and Law Studies (CELIOS). The potential U.S. decision to block nickel imports from Indonesia ...
China’s Global Car “Blitzkrieg”: 6 Million Exports Set to Shake the Auto Industry
Ford Motor CEO Jim Farley recently returned from one of his regular visits to China and warned his team at the company's headquarters in Dearborn, Michigan, that the venerable automaker faces an "existential threat" from Chinese automakers. Farley should be ...
Chinese Autos and Energy Drive Chinese Overseas Investment With Asia as the Top Destination
Chinese companies announced $9.5 billion worth of investments in Asia in the second quarter of the year, more than any other region, led by big bets on energy, automotive, and mining, according to new data from the Rhodium Group. The Chinese ...
Chinese Exports Top Forecasts but Imports Slow Sharply
China's exports jumped in August but imports fell well short of expectations, data showed Tuesday, as the country's leaders struggle to boost consumption in the world's second-largest economy. Overseas shipments expanded 8.7 percent on-year last month, according to China's General Administration ...










