Country: China
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Taiwan’s President to Propose $40 Billion in Extra Defense Spending
By Joy Chiang Taiwan's President Lai Ching-te said Wednesday his government will propose $40 billion in additional defense spending over eight years, as the democratic island seeks to deter a potential Chinese invasion. Taiwan has ...
China E-Mobility Weekly Digest: China Races Ahead in Africa’s EV Market as Local Manufacturing, Legacy Players Gain Momentum
This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. Chinese automakers are accelerating their push into Africa’s electric vehicle market, viewing the continent as one of the few remaining ...
How China Outmaneuvers the West in Myanmar
By Jared Bissinger In the last year, China has increasingly used its economic leverage in Myanmar to tilt the scales towards the military’s State Security and Peace Commission (SSPC), helping them to regain territory and re-exert economic control. China has done ...
EU Says Must ‘Step up’ Against China Rare Earths ‘Racket’
The European Union must ramp up efforts to break its dependence on China for rare earths faced with export curbs that amount to a "racket" by Beijing, the bloc's industry chief Stephane Sejourne said Tuesday. China, the world's top producer of ...
China Likely to Bid on Building New Panama Canal Ports
China is among parties interested in bidding to build two new ports on the Panama Canal, its administrator said Tuesday, despite U.S. talk of retaking control of the vital trade route. U.S. President Donald Trump made the threat earlier this year, ...
As Conflict Escalates in Eastern Congo, China’s Mining Giants Confront New Risks Far From the Front Lines
In late November, China’s Foreign Ministry issued a stark warning about the Democratic Republic of Congo: the security situation in the east has deteriorated sharply, with armed clashes, extremist activity and attacks against foreign workers rising again. Congo sits at the ...
South Africa and China Launch Joint African Modernization Initiative
South Africa and China announced a new joint initiative aimed at boosting African modernization. The initiative was announced on Sunday during the closing of the G20 summit in Johannesburg. The text of the announcement emphasizes that the initiative will harmonize with ...
China Amasses 30 Ships in South China Sea Near the Philippines
China amassed 30 naval and coast guard ships around several Philippine-claimed features in the South China Sea, the Philippine Navy said Tuesday. Manila says it’s one of the heaviest Chinese shows of force in waters the Philippines considers its ...
China Customs Gap Hints at Iranian Crude Oil Labeled as Indonesian
China is importing much more crude oil declared as Indonesian than Indonesia says it is exporting, customs data from both countries show. Chinese customs figures released this week show 9,81 million metric tons of crude listed as coming from Indonesia ...
WeChat Pay Starts Using China’s Unified QR for Foreign Wallets
WeChat Pay’s international arm, Tenpay Global, is now integrated into China’s unified QR payment gateway, which has begun handling live cross-border traffic from overseas wallets. Regulators say the shift lets them see far more of the overseas wallet traffic moving ...
With Washington Absent, China Seizes the Stage at G20 in Johannesburg
Chinese Premier Li Qiang was very busy at this weekend's G20 summit in Johannesburg, where he seemed at ease that Donald Trump and the U.S. delegation stayed home, for the most part. There's no doubt that had Trump been there, the ...
Uganda’s First Zero-Tariff Exports to China Depart, Underscoring Challenge of Low-Value Goods
Ugandan President Yoweri Museveni proudly waved his national flag at a send-off ceremony on Friday for 11 tons of dried chili bound for China. This shipment is among the first Ugandan exports to China that will benefit from Beijing's new zero-tariff ...