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: Law
Thai Police Arrest 26 Chinese Nationals Suspected of Illegal Loans
Thai police said they arrested 26 Chinese nationals on Saturday on suspicion they were running an illegal online loan operation. Officers raided a "luxury pool villa" in the resort town of Pattaya, about 100 kiolmetres (60 miles) south of Bangkok, and ...
China’s New Mediation Body Courts the Global South on Dispute Resolution
A couple of weeks ago in Hong Kong, China quietly inaugurated the International Organization for Mediation (IoM), marking what may become a significant shift in global dispute resolution. Thirty-two countries from Latin America, Southeast Asia, Africa, and Europe attended the launch, underscoring Beijing’s ambition to build a ...
China Establishes Global Mediation Body in Hong Kong
China signed a convention on Friday establishing a global mediation body in Hong Kong, which aims to be comparable to organizations such as the International Court of Justice (ICJ). Beijing has taken a more proactive approach in international affairs in recent ...
Brazil Sues China’s BYD Over ‘Slavery’ Conditions on Build Site
Brazilian prosecutors are suing Chinese electric car giant BYD and two contracting companies for human trafficking and alleged slave labor conditions at a build site, according to legal documents seen by AFP Thursday. The case concerns 220 Chinese workers found last ...
A Greener Footprint? Decoding China’s New ESG Standards for Global Projects
China’s domestic and overseas projects may soon become significantly greener. A groundbreaking new law — the Corporate Sustainability Disclosure Standards: Basic Guidelines — marks a potential turning point, provided it is fully implemented and enforced. The new ESG disclosure rules represent ...
Analysis from Cobus van Staden
A Greener Footprint? Decoding China’s New ESG Standards for Global Projects
China’s domestic and overseas projects may soon become significantly greener. A groundbreaking new law — the Corporate Sustainability Disclosure Standards: Basic Guidelines — marks a potential turning point, provided it is fully implemented and enforced. The new ESG disclosure rules represent ...
Nigeria Court Orders Seizure Of 73 Properties Linked To Chinese Scam Suspects
Nigeria's Economic and Financial Crimes Commission (EFCC) anti-graft agency said Friday that a court has ordered the seizure of dozens of Lagos properties linked to Chinese nationals suspected of internet fraud. The agency said a Lagos court had "ordered the interim ...
Nigeria Court Orders Seizure Of 73 Properties Linked To Chinese Scam Suspects
Nigeria's Economic and Financial Crimes Commission (EFCC) anti-graft agency said Friday that a court has ordered the seizure of dozens of Lagos properties linked to Chinese nationals suspected of internet fraud. The agency said a Lagos court had "ordered the interim ...
Nigeria Court Orders Seizure Of 73 Properties Linked To Chinese Scam Suspects
Nigeria's Economic and Financial Crimes Commission (EFCC) anti-graft agency said Friday that a court has ordered the seizure of dozens of Lagos properties linked to Chinese nationals suspected of internet fraud. The agency said a Lagos court had "ordered the interim ...
Chinese Executive Linked to Bangkok Building Collapse Arrested
Thai authorities said they have arrested a Chinese executive at a company that was building a Bangkok skyscraper which collapsed in a major earthquake, leaving dozens dead. The 30-storey tower was reduced to an immense pile of rubble when a 7.7-magnitude ...
Ghana Bans Foreigners From Local Gold Trading in Major Overhaul
Ghana on Monday announced it was banning all foreigners from trading in its local gold market as part of sweeping reforms aimed at boosting foreign exchange reserves and stabilising the local currency. The ban takes effect on May 1 and grants ...
Legal Wrangles Increase Around Panama Ports
The signing of a deal to sell two ports in Panama by the Hong Kong ports company CK Hutchison to the U.S. investment group BlackRock could be delayed by legal proceedings. While China’s competition regulator has undertaken a review of the deal amid growing criticism, Panama’s government ...