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UK Foreign Secretary Cameron to Pressure China Over Red Sea Attacks

UK Foreign Secretary David Cameron is the latest Western politician who apparently feels he can persuade China to use its influence to rein in Iran-backed Houthi militants attacking cargo vessels in the Red Sea. Cameron said he is going to ...

China Freeloading in the Red Sea Crisis: U.S. and UK Analysts

There is mounting criticism in the United States and Britain over China's apparent unwillingness to participate in multinational efforts to confront Iranian-backed Houthi militants in Yemen over pirate attacks that have brought commercial maritime traffic in the Red Sea to a near-standstill.

Insiders Expect Container Shortage at Chinese Ports Amid Red Sea Crisis

After the Red Sea crisis forced ships to extend their routes around the Cape of Good Hope, industry insiders have expressed their concerns about a possible empty container shortage at Chinese ports after the Chinese New Year holiday. “Equipment shortages are ...

U.S. Tries Again to Secure China-Free Critical Resources Supply From the DR Congo

For the second time in two years, the United States signed an agreement with the Democratic Republic of the Congo in a bid to secure reliable supplies of critical resources free of any Chinese entanglements. The U.S. on Monday announced it ...

How China is Both Benefiting and Suffering From the Houthi Attacks in the Red Sea

Houthi militants in Yemen confirmed on Friday that Chinese and Russian vessels will be granted safe passage through the Red Sea while ships from other countries, particularly those from the U.S. and Europe on their way to/from Israel, will continue to be targeted for attack. ...

Analysis from Cobus van Staden

Misadventures in the Skin Trade

This week I spent a few days in Cape Town, in time for a minor, if telling, crisis in international agricultural trade. A ship crammed with 19,000 (mostly still living) cows was stuck in Cape Town harbor, en route from Brazil to the Middle East.
As South African animal welfare authorities scrambled to inspect the horrors on board, the city was enveloped in a powerful farmyard funk. The entire episode can ...

China Blames U.S., UK Attacks on Yemen for Worsening Red Sea Crisis

China's ambassador to the United Nations, Zhang Jun, accused the United States and Britain of inflicting unnecessary casualties and infrastructure damage in their recent strikes against Houthi targets in Yemen. Zhang spoke out at an emergency United Nations Security Council meeting ...

U.S. Promotes Cross-Honduras Rail Project Previously Shopped to China

A $20 billion rail project that would connect Honduras' Pacific and Caribbean coasts is drawing interest from the United States. Scott Hansen, an economic counselor at the U.S. embassy in Tegucigalpa, reportedly presented the project to possible investors last week. The project ...

COSCO Halts Shipments to Israel in Response to Red Sea Attacks, Chinese Diplomats Renew Calls for Ceasefire

China's state-owned shipping giant COSCO will halt all operations in-and-out of Israel in response to the worsening security situation in the Red Seas, according to Israeli news site Globes. Sunday's announcement by the company is a major setback for the ...

Europe-Asia Shipping Costs Surge Due to Houthi Attacks in the Red Sea

The cost of shipping a standard 40-foot container from Asia to northern Europe now costs around $4,000, a whopping 173% increase from just a few weeks ago. Average freight costs from the rest of Europe to/from China have gone up almost ...

3 Reasons Why China Didn’t Join the U.S.-Led Coalition to Counter Houthi Attacks in the Red Sea

There was some dismay/confusion in the U.S. and Europe when China opted not to join the multinational coalition to combat Houthi attacks in the Red Sea. A lot of Western analysts supposed, incorrectly, that it would be in China's economic ...
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