Category: Week in Review

WEEK IN REVIEW: BYD Reports Sixth Straight Monthly Drop in EV Sales

The Chinese EV-maker BYD reported its sixth straight monthly drop in sales and production, marking the sharpest year-on-year decline since early 2020 as domestic incentives end and demand weakens. The Chinese EV giant is increasingly betting on exports and overseas expansion, including a reported bid for a Nissan–Mercedes ...

WEEK IN REVIEW: China’s Lunar New Year Travel Splits Asia

China warned that a newly announced Indonesia–U.S. trade agreement should not target or harm “any third party.” The comment came after Indonesia and the United States unveiled new cooperation arrangements, prompting Beijing to weigh in publicly on the deal’s potential regional implications. (JAKARTA GLOBE)

WEEK IN REVIEW: China, Russia, Iran Hold Naval Drills Near Hormuz

China joined Russia and Iran in joint naval drills near the Strait of Hormuz, deploying the guided-missile destroyer Urumqi and a supply ship. The exercises included maritime search-and-rescue and live-fire drills in waters critical to global oil shipments. (AL-MONITOR) The Philippines rebuked ...

WEEK IN REVIEW: Trump and Xi Discuss Iran and Taiwan

Presidents Xi Jinping and Vladimir Putin spoke via video call on Wednesday ahead of the Ukraine war’s fourth anniversary. They praised their “no-limits” strategic partnership and vowed to deepen ties in energy and trade. Xi urged crafting a “grand plan” for expanded cooperation, and Putin accepted an invitation ...

WEEK IN REVIEW: China and Vietnam Signal Stronger Strategic Cooperation

China’s role in the South China Sea will be high on the agenda as ASEAN foreign ministers gather in Manila this week. Ministers are expected to focus on progress toward a long-delayed South China Sea Code of Conduct with China, amid ongoing maritime tensions and competing territorial claims. 

Analysis from Cobus van Staden

Why Green Energy Will Be the Big Winner of the Iran Crisis

By Cobus van Staden, CGSP Head of Research
Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking. 

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WEEK IN REVIEW: China Becomes India’s Largest Goods Partner After U.S. Slump

Türkiye’s competition authority raided the Istanbul office of Chinese online retailer Temu. The Chinese e-retailer said it would cooperate with the investigation, which reportedly focuses on import duties, and follows similar incidents in Europe. Competition authorities denied a statement from Temu that computers have been seized. 

WEEK IN REVIEW: China Moves to Build an Advanced Copper Supply Chain

Reuters reports that Chinese scientists have completed the country’s first extreme ultraviolet lithography machine, used to produce the advanced semiconductors used to power artificial intelligence applications. The prototype was reportedly reverse-engineered by scientists who used to work at the Dutch chip leader ASML. They reportedly plan to start ...

WEEK IN REVIEW: Nvidia China Deal Tests U.S. Export Rules

China convened representatives from 43 countries at the United Nations in New York to establish the Group of Friends of Global Governance, a group dedicated to the implementation of China’s Global Governance Initiative. In a joint statement, the group said: “We emphasized that the international community must address ...

WEEK IN REVIEW: China May Be Training an AI to Support Port Network

The first shipment of 200,000 tons of iron ore from the massive Simandou iron ore mine departed Guinea on Tuesday. The mine took years of off-and-on development and $24 billion in investment, including in port and rail facilities. Simandou has one of the largest iron ore deposits in ...

WEEK IN REVIEW: Xi Jinping Reaffirms Support for Maduro

The Pentagon has reportedly flagged the Chinese e-commerce company Alibaba, the electric vehicle leader BYD, and the search engine provider Baidu for inclusion on a list of companies that assist the Chinese military. The decision was reportedly made before the recent talks between Presidents Xi and Trump. It’s ...

WEEK IN REVIEW: China Moves to Lock In Russia Energy and Investment Deals

A U.S. congressional report said China used the short border war between India and Pakistan in May to test and promote its advanced weapons and detection systems. The bipartisan US-China Economic and Security Review Commission said “Beijing opportunistically leveraged the conflict to test and advertise the sophistication of ...

WEEK IN REVIEW: China’s U.S. Soybean Orders Jump After Trade Truce, Then Subsides

The Chinese authorities unveiled plans this week to use their boom in renewable energy to power a whole set of ancillary industries. During the 2026-2030 five-year plan period, provinces and power producers will reportedly be pushed to build up local industrial bases to boost the production of green ...
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