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WEEK IN REVIEW: India Signed a Ten-Year Contract to Run Chabahar Port in Iran

India signed a ten-year contract to run Chabahar port in Iran. The deal follows a 2016 refurbishment agreement and will be the first time an Indian entity runs an overseas port. Chabahar will give India access to nearby Afghanistan and the Gulf of Oman and is aimed at ...

WEEK IN REVIEW: Japanese Prime Minister Fumio Kishida Implicitly Accused Beijing of Setting “Debt Traps

Japanese Prime Minister Fumio Kishida took aim at Chinese development financing in developing countries, implicitly accusing Beijing of setting "debt traps." Kishida made the remarks in Brazil on Saturday during a South American tour that is widely seen as an effort to challenge Beijing's growing influence in the ...

WEEK IN REVIEW: China-Friendly Former Foreign Minister Jeremiah Manele Elected Prime Minister of Solomon Islands

China-friendly former foreign minister Jeremiah Manele was elected prime minister of the Solomon Islands on Thursday, defeating an opposition leader intent on curbing Beijing’s reach in the Pacific nation. Manele won 31 votes in a secret ballot of 50 MPs, the climax of a national election that ...

WEEK IN REVIEW: Pakistani Prime Minister Shehbaz Sharif Will Visit China Next Month

Pakistani Prime Minister Shehbaz Sharif will visit China next month in a bid to "restore confidence" following a series of terrorist attacks against Chinese interests in the South Asia country. Sharif will try to reassure officials in Beijing that the development of the $65 billion China-Pakistan Economic Corridor remains ...

WEEK IN REVIEW: Russia Building New Trade Routes to Asia to Circumvent International Sanctions

Russia is building new trade routes to Asia that will circumvent international sanctions by crossing the Arctic and passing through Iran to the Indian Ocean. The new routes will cut transport times to China and India by up to 50% while avoiding dangerous passages like the Red Sea. 

Analysis from Cobus van Staden

Zimbabwe Agreement Could Signal China’s Return to African Rail

TransTech, a subsidiary of China Railway Group, reportedly signed a Memorandum of Understanding with the state-owned National Railways of Zimbabwe (NRZ) that could lead to a recapitalization of the country’s railway network.
Bloomberg reports that the agreement is currently limited to studying the project and producing a feasibility report by the end of June. Finance Minister Mthuli Ncube said: “It is our expectation that in the upcoming Forum for China and Africa taking place ...

WEEK IN REVIEW: Apple Assembled $14 Billion Worth of iPhones in India in Its Last Fiscal Year

Apple assembled $14 billion worth of iPhones in India in its last fiscal year, providing more evidence of the electronics giant's rapid diversification of its supply chain beyond China. The company also hopes improved sales in the Indian market will help offset slumping demand for Apple products in ...

WEEK IN REVIEW: Indonesia’s President-Elect Prabowo Subianto Met With Chinese President Xi Jinping in Beijing

Indonesia's President-elect Prabowo Subianto met with Chinese President Xi Jinping on Monday in Beijing and promised his new government will maintain close ties with Beijing. Prabowo is now in Tokyo for two days where he will deliver a similar message to Prime Minister Fumio Kishida. (ASSOCIATED ...

WEEK IN REVIEW: Chinese Premier Li Qiang Said Beijing Will Assist Sri Lanka in Its Debt Restructuring Process

Chinese Prime Minister Li Qiang provided fresh assurances on Tuesday to his Sri Lankan counterpart Dinesh Gunawardena that Beijing will assist Colombo in its debt restructuring process. Gunawardena is visiting Beijing this week and raised the issue of Sri Lanka's $7.1 billion outstanding loans owed to Chinese creditors. 

WEEK IN REVIEW: China to Reportedly Launch International Hunt for Officials Suspected of Corruption in BRI Projects

The Chinese government will reportedly launch an international hunt for officials suspected of corruption in Belt and Road Initiative projects. This will form part of a wider crackdown on corruption in President Xi Jinping’s signature infrastructure and connectivity project. The strike will involve several state agencies and will ...

WEEK IN REVIEW: Philippine President Ferdinand Marcos, Jr. To Meet U.S. Secretary of State Antony Blinken Next Tuesday

Philippine President Ferdinand Marcos, Jr. will meet with U.S. Secretary of State Antony Blinken next Tuesday to discuss the escalating tensions with Beijing in the South China Sea. Separately, a summit with Marcos and the leaders of Japan and the U.S. is in the final planning stage and ...
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