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 ...
Category: Donald Trump
Xi Says China, Brazil Can Model ‘Self-Reliance’ for Global South
China's President Xi Jinping told his Brazilian counterpart Tuesday the two countries could set an example of "self-reliance" for emerging powers, as trade and geopolitical challenges mount. The two leaders have both sought in recent months to present their countries as ...
Trump Targets Tariff Evasion, With Eye on China
By Beiyi Seow As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.
Trump’s New Tariff to Impact Indian Economy, Could Reshape Bilateral Ties
U.S. President Donald Trump's decision to slap harsh tariffs on Indian exports and a "penalty" on purchases of Russian weapons and energy will cost thousands of jobs and could fundamentally change the nature of bilateral ties, experts said Wednesday. Months of ...
Trump Threatens To “End” the BRICS if it Ever Challenges U.S. Dominance
U.S. President Donald Trump took aim again at the BRICS group, threatening to "end" the bloc if it took measures that challenged the current supremacy of the U.S. dollar in international trade. "When I heard about this group from BRICS, six ...
U.S. Targets Attempts to Dodge Trump Tariffs With China in Crosshairs
By Beiyi Seow As President Donald Trump ramps up tariff threats on U.S. trading partners, his administration is taking aim at a tactic said to be used by Chinese companies to dodge the levies by moving goods through third countries.
Asia Number One Target of Trump’s Tariff Letters
Donald Trump sent letters to 14 countries, mainly in Asia, informing them that higher import tariffs will come into effect on August 1 unless they reach a deal with the United States. It is the second time the U.S. president has ...
China Says BRICS Not Seeking ‘Confrontation’ After Trump Tariff Threat
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after U.S. President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. "Regarding the imposition ...
BRICS Nations Slam Trump Tariffs, Condemn Strikes on Iran
By Facundo Fernández Barrio BRICS leaders at a summit on Sunday took aim at U.S. President Donald Trump's "indiscriminate" import tariffs and recent Israeli-U.S. strikes on Iran. The 11 emerging nations -- including Brazil, Russia, ...
Panama Urges U.S. Not to Involve It in Disputes With China
Panamanian President Jose Raul Mulino on Thursday asked the United States to refrain from dragging the Central American country into its "geopolitical conflict" with China. The appeal came after the U.S. embassy in Panama City announced a project to replace communications ...
28 Days to Trump’s Tariffs, U.S. Still Silent on Jakarta’s Trade Offer
28 Days until Trump’s Tariffs, Washington remains silent on Indonesia’s $18B trade offer, placing Indonesian exports at risk, as the tariff clock continues to tick. Each passing day without a response from Washington brings Indonesia closer to a potentially devastating trade ...
Chinese Think Tank Says Trump’s Border Wall Now Reaches the Global South
At the start of this month, Donald Trump signed a sweeping travel ban blocking entry to citizens from 12 countries, reviving and expanding a controversial policy first rolled out during his earlier term. But what lies behind this relentless targeting of certain nations?
Asian Markets Wobble as Trump-Xi Talks Offset by Musk Row
Asian markets stuttered Friday as optimism from "very positive" talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the U.S. leader and Elon Musk. The much-anticipated discussions between the heads of the world's ...