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Why Did the U.S. Bomb Iran? A Chinese Commentator Argues the Real Target Was Europe

An influential geo-political commentator on WeChat, Zhan Hao, offers a provocative interpretation of recent U.S. military actions in the Middle East. The article, titled “Unexpectedly, the biggest loser from the U.S. bombing of Iran is the European Union — it’s going to be drained dry in ...

Asian Development Bank Acting on U.S. Concerns Over China, Says Bank Chief

By Ali Bekhtaoui and Nick Perry The Asian Development Bank was trying "very hard" to accommodate U.S. concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy.

China Manufacturing Shrinks in June Despite Trade War Respite

China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. The Purchasing Managers' Index -- a key measure of industrial output -- ...

Startup in Malawi Bets on Chinese Tech to Power an EV Shift

For years, Malawi, the world’s fourth-poorest country, has suffered from chronic fuel shortages. However, in a sunbaked workshop on the outskirts of the capital, Lilongwe, a team of local electric vehicle (EV) technicians is working to overcome this anomaly. Huddled around ...

China, U.S. Ink Rare Earth Deal; More Trade Pacts Coming

The United States and China have signed a long-awaited framework agreement aimed at restarting rare earth mineral shipments and easing trade tensions ahead of a critical July tariff deadline, U.S. Commerce Secretary Howard Lutnick confirmed this week. The deal, finalized ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

Rubio to Welcome Asian ‘Quad’ Back to Washington

U.S. Secretary of State Marco Rubio will welcome counterparts from the "Quad" -- Australia, India, and Japan -- to Washington on Tuesday, in an at least brief refocus on Asia, the State Department announced. Rubio had welcomed Quad foreign ministers on ...

WEEK IN REVIEW: China to Shift to a Massive-Scale Consumption Economy – China’s Premier Li Qiang

The Taiwanese tech company Foxconn, a major assembler of Apple products, received approval from Taiwan’s regulator for a $2.2 billion investment in facilities in India and the U.S. The Department of Investment Review in Taiwan’s Ministry of Economic Affairs also approved a $1.49 billion investment in a subsidiary ...

Trump’s Contradictory Iran Strategy Leaves U.S. Weaker After War’s End, Says Chinese Commentator

After President Trump announced that American forces had destroyed Iran’s nuclear facilities, ending the Israel-Iran conflict, Chinese media shifted focus from how the war would unfold to analyzing what actually happened. A commentary from news platform Guancha.cn titled “For Iran, which is the greater mistake—staying defiant ...

Trump Says China Can Continue to Buy Iranian Oil

China can continue to buy Iranian oil, U.S. President Donald Trump said on Tuesday, in what appeared to be relief for Tehran from sanctions that Washington has previously imposed to punish the trade. "China can now continue to purchase Oil from ...

China’s Xi Urges Singapore Leader to Jointly Resist ‘Hegemony’

Chinese President Xi Jinping called on Singapore's prime minister to join the fight against "hegemony" and protectionism in trade as they met in Beijing on Tuesday. Prime Minister Lawrence Wong's first official visit to China lasts until Thursday. ...

China’s Critical Minerals Lead Widens as Rivals Struggle to Keep Pace

Despite growing talk of securing alternative supply chains, China has entrenched itself as the world’s undisputed leader in critical minerals, widening a lead that few anticipated would stretch so far, so fast. From lithium to nickel to rare earths, China’s ...

Rubio Urges China to Persuade Iran Not to Close Strait of Hormuz

U.S. Secretary of State Marco Rubio called on China to use its influence with the Iranian government to discourage Tehran from closing the Strait of Hormuz, a strategically vital waterway that an estimated 20% of the world's oil supply passes through. ...
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