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 ...
Category: Economy
Southeast Asia Digest: Caught Between U.S. Tariff and China Shadow
This is a free preview of the upcoming Southeast Asia Weekly Digest, part of the new CGSP Intelligence service launching in Summer 2025. This week in Tariff Negotiations with the U.S.:
Analysis from Cobus van Staden
South American Bloc Looks to Asia, Europe in Face of Trump Trade War
By Martin Raschinsky and Tomas Viola South America's Mercosur bloc sought Thursday to expand its markets in the face of U.S. President Donald Trump's global trade war, with Brazil calling for closer ties with dynamic Asian economies.
China Warns Against Trade Deals That ‘Hurt’ Others After Vietnam-U.S. Pact
China warned on Thursday against trade deals that "hurt third parties" after U.S. President Donald Trump announced that he had reached an agreement with Vietnam. "China has always advocated that all parties resolve economic and trade differences through equal dialogue and ...
U.S.-Vietnam Trade Deal Sows New China Uncertainty
By Tran Thi Minh Ha Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but analysts warned it could provoke a fresh standoff between Washington and Beijing. The ...
Thailand in Last-Minute U.S. Talks as 36% Tariff Looms
With just days left before the deadline, Thailand is urging the United States to cap new reciprocal tariffs on Thai goods at 10%, as Bangkok races to avoid steep increases that could climb as high as 36%. Thailand’s Finance Minister ...
Indonesia Submits Second U.S. Tariff Offer Amid China Warning
Indonesia has filed a second proposal to the United States Trade Representative in a bid to avert steep reciprocal tariffs threatened by the Trump administration, just days before the July 8 deadline. The decision marks Jakarta’s latest move in a ...
Trump’s Vietnam Trade Deal Signals Harder Line on China Supply Chain Diversions
President Donald Trump announced Wednesday that he had struck a trade deal with Vietnam under which the country would face a minimum 20 percent tariff and open its market to U.S. products. The deal comes a week ahead of Trump's self-imposed ...
Indonesia and China’s Battery Alliance Must Be Built on Sustainability
In a bold display of ambition and diplomacy, Indonesian President Prabowo Subianto stood beside Chinese executives last week to break ground on what is touted as Asia’s largest integrated electric vehicle (EV) battery ecosystem. Backed by $5.9 billion in ...
A Peer-to-Peer Pivot in China’s Overseas Development Finance
By Rebecca Ray In 2024, China extended $6.1 billion in 20 commitments in public and publicly guaranteed (PPG) loans, according to a new update to the China’s Overseas Development Finance (CODF) Database managed by the Boston University Global Development Policy ...
Asian Development Bank Acting on U.S. Concerns Over China, Says Bank Chief
By Ali Bekhtaoui and Nick Perry The Asian Development Bank was trying "very hard" to accommodate U.S. concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy.
China Manufacturing Shrinks in June Despite Trade War Respite
China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. The Purchasing Managers' Index -- a key measure of industrial output -- ...
China, U.S. Ink Rare Earth Deal; More Trade Pacts Coming
The United States and China have signed a long-awaited framework agreement aimed at restarting rare earth mineral shipments and easing trade tensions ahead of a critical July tariff deadline, U.S. Commerce Secretary Howard Lutnick confirmed this week. The deal, finalized ...
It’s Payback Time For a Lot of Those Chinese Loans
Borrowers in Africa and other developing regions are expected to repay $35 billion of Chinese loans this year, with two-thirds of the amount coming from the world's poorest countries. Many of these debts were taken out in the mid-2010s and are ...