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WEEK IN REVIEW: China’s Special Envoy to UN Expressed Support for Argentina’s Claim on Falklands Islands
China’s special envoy to the UN, Geng Shuang, expressed support for Argentina’s claim on the Falklands Islands (known as the Malvinas in Argentina) and for a UN resolution calling on the UK and Argentina to resume negotiations about the island group’s future. Geng also called on countries to ...
Paris Summit Takes Triple Aim at Debt, Climate, Development
The Summit for a New Global Financing Pact, aimed at reforming the increasingly dysfunctional development financing system, kicks off in Paris on Thursday. Its aims are huge. In the words of Catherine Colonna, the French Minister of Europe and Foreign Affairs, the goal is ...
Backgrounder: Why China Matters So Much at the Summit for a New Global Financing Pact
In Paris, all eyes are on Chinese Premier Li Qiang, representing the People’s Republic at this week’s Summit for a New Global Financing Pact. China’s rise is perhaps the most important mega-trend that led to the current rethinking of the global development finance system, but it remains ...
China’s Fanciful Dream to Play Israeli-Palestinian Peacemaker
Palestinian Authority President Mahmoud Abbas wrapped up a visit to Beijing last week where he heard lofty promises from Chinese officials about their desire to mediate a settlement with Israel. While the visit made for some good headlines, the chances of ...
Chinese State Firm’s Growing Presence in South Africa’s Renewable Energy Sector as Coal Power Disappoints
Pinggao, a subsidiary of the world’s largest power company, the State Grid Corporation of China (SGCC), is investing in South Africa's renewable energy sector as circumstances push the country towards renewable energy options from its reliance on coal-generated electricity. In its ...
Vietnam Takes Delivery of Two New Warships From India While U.S. and Japanese Carriers Make Ports of Call
India announced that it will provide two domestically-made warships to Vietnam that will help bolster the Southeast Asian country's coastal defense capabilities, presumably against incursions by Chinese maritime forces. The donation was the highlight of a visit this week by Vietnamese Defense ...
Abu Dhabi Places Big Bet on a Struggling Chinese EV Automaker
Chinese electric vehicle start-up Nio was recently near bankruptcy but is now on the rebound, helped in part by a sizable investment from CYVN Holdings, a smart mobility-focused investment fund majority-owned by the Abu Dhabi government. CYVN announced on Tuesday that it ...
WSJ: China Negotiating With Cuba to Set up Joint Military Training Base
China is reportedly in talks with Cuba to set up a joint military base that could potentially lead to the deployment of PLA soldiers within a couple of hundred kilometers of the United States, according to a new report in the Wall Street Journal. ...
Indian PM Modi Arrives in the U.S., China Expected to be High on the Agenda in Talks With Biden
Indian Prime Minister Narendra Modi arrived in New York on Tuesday for a quick stopover before heading to Washington for a high-profile state visit that will include talks with U.S. President Joe Biden. Modi signaled just before he left that China will ...
Chinese Maritime Incursions Prompt Palau President to Call on U.S. for Assistance
Recent breaches of Palau's exclusive economic zone (EEZ) prompted President Surangel Whipps, Jr. to call on the United States to increase the frequency of navy patrols near the small Pacific Island Country's maritime borders. There's been no comment from the Pentagon ...
The Truly Ridiculous Fox News Conspiracy Theory About Bill Gates, China and Africa
Philanthropist and Microsoft founder Bill Gates met with Xi Jinping last week, the first time in years that the Chinese president had held a one-on-one session with a Western business leader. The meeting itself was largely unremarkable but that didn't stop ...
China Raises the (Already Sky-High) Stakes at This Week’s Summit for A New Global Financing Pact
The Global South faces dual existential crises: speeding up development to match growing population rates while trying not to become climate roadkill. Both are worsened by a broken international development financing system increasingly hijacked by geopolitics. This week’s Summit for a New ...