Country: China
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China-Africa Trade Forum Opens in Zhejiang Province
400 participants from 47 different African countries are participating in this week's China-Africa trade and economic relations forum now underway in the eastern Chinese province of Zhejiang. The event highlights the increasingly prominent role that Chinese provinces are playing in the ...
The Indian Pundit Who Created the Discredited Chinese “Debt Trap” Meme is Still Convinced He’s Right
The creator of the widely-debunked Chinese "debt trap" meme is at it again with a new litany of breathless warnings about the risks developing countries take on when they borrow money from China. Indian pundit ...
How China Became a Global E-Vehicle Leader
While Western automotive industries are trying to figure out how to decouple their supply chains from the Chinese battery sector, Chinese commentators don’t seem particularly panicked. In fact, the e-vehicle industry is being touted as a national victory. This becomes clear ...
Chinese EV Battery Maker Unveils Multibillion Dollar IPO, Will Use Proceeds to Develop Next-Gen Cobalt-free Batteries
One of China's hottest electric vehicle battery makers announced plans to go public on the Shanghai Stock Exchange's NASDAQ-like STAR market in a bid to raise $2 billion to build next-generation EV power packs. SVOLT ...
COP27 Side Deals Have Global Implications
This year's COP27 climate gathering in Egypt inspired both celebration and disappointment. While the establishment of a Loss and Damage fund was a major victory, patchy follow-through on earlier commitments from rich countries raise doubts about its actual effectiveness.
Zimbabwe’s Chinese-Built Parliament Building Ready for Business
Zimbabwe's President Emmerson Mnangagwa will formally inaugurate the country's new parliament building on Wednesday. The building was financed as a 'gift' by the Chinese government and built by Shanghai Construction Group Co. After the inauguration, Mnangagwa will deliver his annual ...
Why Battery Decoupling Projections Could Be Way Off
The United States and Europe could free themselves from their dependence on China for electric vehicle batteries by 2030, if they invest about $160 billion. This is the key finding of a new Goldman Sach forecast, which extrapolated the long-term effects ...
China’s Paid-In Capital on the Rise – Here’s What to Know
By Oyintarelado Moses and Laura Gormley Since 2007, Chinese special investment funds targeting overseas development projects have been on the rise. These funds are pools of capital established by multiple public and/or private shareholders that primarily provide equity financing to projects ...
Why the Fate of the New COP27 “Loss and Damage” Climate Fund Depends on China
Negotiators from 200 countries at the COP27 climate conference in Egypt worked overtime this weekend to finalize a controversial funding proposal that would facilitate wealthy countries to compensate developing states for "loss and damages" wrought by climate change. While the new proposal is being ...
Xi Seeks to Contrast China’s Approach in Asia Against the U.S.
Chinese President Xi Jinping wrapped up a week-long diplomatic sprint in Southeast Asia this weekend with the conclusion of the APEC summit in Bangkok. Prior to his return to China on Saturday, President Xi restated his ambition to "foster an open, fair and non-discriminatory trade and investment environment" in ...
Few Noticed One of the Most Important Sideline Meetings at APEC
Chinese President Xi Jinping held dozens of quick sideline bilateral meetings with various international leaders over the past several weeks but few were as important as the one with Chile's Gabriel Boric at the APEC summit in Bangkok on Friday. President ...
Tens of Thousands Cue for a Kilometer to Get Into Chinese Fast Fashion Pop-up Store in Brazil
Tens of thousands of Brazilians waited in line for hours last week for their chance to get into a pop-up store in São Paulo that was open for just five days by Chinese fast fashion giant Shein. On the last day, the line was more than a ...