Category: Investment
Thailand’s Record Investment Boom: How China and Tech are Shaping the Future
Thailand reached a significant milestone in 2024, attracting $33 billion in investment applications, the highest in a decade. China played a key role in this growth, supporting 810 projects worth $5 billion and strengthening its presence in Southeast Asia’s evolving economy.
Indonesia Targets Investment Relocation from China, Sees Regulatory Reforms as Key
The shifting tides of global trade are positioning Indonesia as a potential winner, as companies seek alternatives to China amid ongoing U.S.-China trade tensions. But there's a catch: businesses want the government to clean up its regulations before they commit. Deputy ...
Lourenço Says He Would Not Take a Another Resource-for-Infrastructure Deal With China
Over a twenty-year period beginning in 2002, Angola borrowed a staggering $45 billion from China, accounting for a third of all Chinese lending on the continent. The Angolan government still owes Chinese creditors an estimated $17 billion and restructured a large ...
Is BYD Triggering Electric Vehicle Price War in Thailand?
Surasit Juksuwanitcha got his BYD Atto 3, his first electric car, in May this year. He had seen a nice advertisement, and many of his friends were already driving BYD. He made the purchase, but weeks later, he became resentful. That ...
Cambodia Shifts $1.7 Billion Project to Majority Cambodian Ownership Amid Concerns Over Chinese Influence
This article is authored by Han Noy and Sim Chansamnang, both freelance journalists based in Cambodia. In June, Cambodian Prime Minister Hun Manet announced that Cambodians would control 51% of the controversial Funan Techo Canal. Previously, Chinese investors owned the ...
Indigenous Communities Rally in Jakarta Against Chinese Zinc Mining
On Tuesday afternoon, June 11th, 2024, around 60 people adorned in bright-colored traditional garments gathered outside the Chinese embassy in Jakarta. They were the Batak Dairi people, the Indigenous communities threatened by a zinc and lead mine funded by China. They demanded that China halt its support ...
Morocco Signs Agreement for EV Battery Plant With Chinese Company
The Moroccan government signed a $300 million agreement with China’s BTR New Material Group to build a plant in the port city of Tangier to produce cathodes used in electric vehicle (EV) batteries. The government considers this plant the first step ...
New IMF Report Takes the Pulse of Rapidly Changing China-Africa Economic Trends
Talks are underway between African and Chinese negotiators over the agenda for the upcoming Forum on China-Africa Cooperation (FOCAC) summit that will take place later this year in Beijing. But this year's FOCAC is going to be very different than previous ...
Major Wall Street Investors Are Moving Money From China to India
Wall Street was once in love with China and plowed tens of billions of dollars into the country, helping to fund decades of growth. Now, that love affair is coming to an end as the Street's big players shift their attention and their money to India.
3 Things Kenya’s Foreign Minister Should Focus On During 3-Day China Visit
Kenya's top diplomat Musalia Mudavadi kicked off a three-day official visit to China on Wednesday, where he will hold talks with Foreign Minister Wang Yi and other senior officials. The visit comes at a crucial time for ties between the two countries as ...
China Could Fund Kenyan Rail Through Public-Private Partnership: Kenyan President
Kenyan President William Ruto renewed his calls for China to fund the third stretch of the country’s Standard Gauge Railway (SGR). Speaking at a roundtable event in Nairobi during the weekend, Ruto said the project is currently being discussed in Beijing and could move forward as a public-private partnership. ...
U.S. Becoming Increasingly Worried About Chinese EV Car Brands Setting Up Factories Across the Border in Mexico
The United States government is becoming nervous about the prospect of Chinese automakers building new factories in Mexico that would afford those new vehicles duty-free access into the U.S. market. MG, BYD and Chery are reportedly all in talks to build ...