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Cobalt: Why This Chart Can Spark Both Fear and Happiness

If you're the Chief Financial Officer of an automaker like the Ford Motor Company that loses money on every single electric vehicle it sells, the fact that this chart lists the price of cobalt at around $17 will make you smile. ...

Little Consensus Over Veracity of Ex-Asian Infrastructure Investment Bank Comms Director’s Accusation of CPC Influence

Bob Pickard, the former head of communications at the Asian Infrastructure Investment Bank in Beijing, is now back home in Vancouver after he accused the Communist Party of China (CPC) of secretly interfering in the bank's operations. Pickard made the accusation in ...

Sino-Canadian Copper Mining Venture in the DRC Generates $434 Million in Profit

Canadian mining giant Ivanhoe released its 2022 full-year earnings on Monday that revealed the company made a robust profit of $434 million from the Kamoa-Kakula copper mine in the Democratic Republic of the Congo, which it jointly operates with Chinese mining major Zijin Mining Group.

Commodity Exporters in Developing Countries Fret as China’s Worsening COVID Outbreaks, Protests Prompts Sell-Off

Commodity sellers in Africa, the Middle East and the Americas are becoming increasingly anxious over the situation in China, where days of street protests and COVID outbreaks across the country are weighing down the price of their key exports.

China Revealed Diplomatic Double Standard in Dealings With Some International Leaders

Xi Jinping did not disappoint China-watchers when he re-emerged on the international stage. After remaining in China during the pandemic, the last few weeks saw him greeting visiting leaders in Beijing and attending summits in Southeast Asia. He was a commanding ...

Analysis from Cobus van Staden

Awkward Timing as Italy Withdraws from BRI

Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019.
The timing of the announcement that Rome won’t renew its BRI commitment is notable. It came only a day before the EU-China summit, which kicks off on Thursday. The summit will likely be more contentious than usual, with European leaders expected to push China on the treatment of EU firms amid discussions ...

As More Manufacturers Look to Exit China, Many May End Up in Mexico

Disruptions brought on by China's draconian COVID Zero crackdowns, rising wages, and stricter environmental controls are all contributing to an exodus of manufacturers. While many are heading to Vietnam and other Southeast Asian nations, Mexico is also well-positioned to benefit. Factory ...

Three African Countries Sign Canadian-led Joint Statement on Human Rights in Xinjiang

The bitter debate over human rights in Xinjiang flared anew this week at the United Nations when Canada's UN ambassador Bob Rae read a joint statement on behalf of 50 countries at a meeting of the General Assembly’s human rights committee. The joint ...

Expect Chinese Oil Majors to Focus More Attention on the Global South to Avoid Sanctions in Global North

Chinese oil giant CNOOC is reportedly preparing to halt its operations in Britain, Canada and the United States out of concern that its assets there could be subject to economic sanctions related to the Russian war in Ukraine, according to Reuters. The ...

China’s Xinjiang Coalition Holds as Not a Single African or Muslim Majority Country Signs New Human Rights Statement

China's hard work in compelling African, Middle Eastern, and most other Global South countries to avoid criticizing Beijing on human rights issues in Xinjiang appears to be paying off. On Tuesday, Canada along with 43 other countries submitted a joint statement to the United ...