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Category: Week in Review

WEEK IN REVIEW: India Announces That Next Shanghai Cooperation Organization Summit Will Take Place Virtually

India, the current president of the Eurasia-focused Shanghai Cooperation Organization announced the China-centered bloc’s next summit will take place virtually. According to the Indian press, the decision was aimed at avoiding awkward face-to-face meetings between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping (and Pakistan’s PM ...

WEEK IN REVIEW: Official Navigation Beacons Placed Close to Contested Spratly Islands in South China Sea

China’s Transport Ministry confirmed that three official navigation beacons have been placed close to the contested Spratly Islands in the South China Sea. This follows a similar positioning by the Philippines as the countries pursue competing claims to the island group. Meanwhile, a Chinese naval vessel is on ...

WEEK IN REVIEW: Chinese Foreign Minister Qin Gang to Visit Australia in July

Chinese Foreign Minister Qin Gang will visit Australia in July in the latest indication that tensions between the two countries are easing. In another sign of détente, Beijing is lifting many of the economic sanctions that it imposed on Australian agricultural and mining products for the past 2-3 ...

WEEK IN REVIEW: Chinese Imports Fell for Second Consecutive Month in April

Chinese imports fell for a second consecutive month in April, dipping 8% compared to the same time last year in what is potentially a worrisome trend for Global South commodity producers. Chinese exports, however, increased last month by almost 9%, according to new customs data. (REUTERS)

WEEK IN REVIEW: German Chancellor Olaf Scholz Embarks on Three-Day, Two-Nation African Tour

German Chancellor Olaf Scholz will embark on a three-day, two-nation African tour, marking the second G7 leader this week to visit the continent. Scholz will arrive in Ethiopia on Thursday and then go to Kenya on Friday. The Chancellor's visit is widely seen as part a broader EU ...

Analysis from Cobus van Staden

Argentina Scores $924 Million in Deals from China

Argentina’s Economy Minister Sergio Massa managed to secure almost a billion dollars‘ worth of investment deals on the first leg of his trip to China.
He is on an economic rescue mission, with talks expected to renew and extend a currency swap agreement in order to infuse much-needed foreign money into the Argentinian economy.

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WEEK IN REVIEW: United Nations Confirms India’s Population Will Surpass China’s This Week

The United Nations confirmed that India’s population will surpass that of China by the end of this week, hitting 1,425,775,850 people. This follows an earlier report from a different UN agency that predicted that India will become the world’s most populous country by the middle of this year. (BBC) ...

WEEK IN REVIEW: Chinese and Indian Oil Buyers Ignoring West’s Price Cap on Russian Crude

Chinese and Indian oil buyers are ignoring the West's price cap on Russian crude, snapping up a majority of Moscow's output at prices well above the $60 per barrel limit. The cap was imposed by G7 countries in a bid to curb revenue used by the Russian military ...

WEEK IN REVIEW: Chinese President Xi Jinping Invites Russian President Vladimir Putin to Third Belt and Forum

Chinese President Xi Jinping invited Russian President Vladimir Putin on Tuesday to attend the third Belt and Forum that will take place later this year. Xi's invitation followed a pledge to “significantly increase” trade between the two countries by 2030. Russia is now China's largest oil supplier. (SOUTH CHINA ...

WEEK IN REVIEW: Fresh off Sealing Iran-Saudi Deal, Chinese President Xi Jinping Next Heads to Russia

Fresh off his success in brokering a restoration of diplomatic ties between Iran and Saudi Arabia, Chinese President Xi Jinping will next head to Russia. Xi reportedly plans to visit Moscow next week where he is widely expected to discuss Beijing's Ukraine peace proposal with his counterpart Vladimir ...

WEEK IN REVIEW: Japan Will Upgrade Ties With ASEAN Later This Year To “Comprehensive Strategic Partnership

Japan will upgrade its ties with the Southeast Asian bloc ASEAN later this year to a "comprehensive strategic partnership" -- joining both the United States and China at this level. Tokyo is moving quickly to strengthen its ties in the region in response to heightened tensions with China and ...
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