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South Africa, China Ink Trade Deals Ahead of Xi Visit
South Africa and China signed about $2.2 billion in new trade and economic deals ahead of Chinese President Xi Jinping’s upcoming visit to Johannesburg next week. Xi will be in town for both the BRICS summit and a bilateral state visit. The deals
China and the Philippines Warn Each Other Not to Push South China Sea Confrontation Too Far… Or Else
Tensions between China and the Philippines steadily worsened over the weekend as both sides attacked the other for instigating the latest confrontation in their disputed waters in the South China Sea. In Manila, Armed Forces chief General Romeo Brawner said the China ...
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. ...
WEEK IN REVIEW: U.S. President Joe Biden Said He Will Travel to Vietnam “Shortly”
U.S. President Joe Biden said he will travel to Vietnam “shortly” and that Hanoi is interested in elevating its relationship with the United States and become a major partner. This follows a trip by Secretary of State Antony Blinken to Vietnam in April. Asked about the comments, a ...
China and the Philippines Navigate Tricky Mix of Warm Economic Ties and Icy Politics
While the dispute between China and the Philippines around territorial claims in the South China Sea keeps escalating, economic relations between the two are “business as usual.” However, the growing disagreement could cause economic complications for Manila. The current fight centers around a WWII-era warship, ...
The U.S. is Popular in Southeast Asia, But Chinese Influence Isn’t Going Away: Study
While the United States is generally more liked among populations in Indonesia, the Philippines and Vietnam, they see China as the pivotal economic power in the region. This was one finding of a newly compiled opinion survey tracking popular and elite views published ...
Tensions Surge Between China and the Philippines Over WWII Warship at the Center of Territorial Dispute
The Philippines Department of Foreign Affairs (DFA) immediately dismissed China's call to remove a decommissioned World War II-era warship, the BRP Sierra Madre, from a disputed shoal in the South China Sea that Manila claims is anchored well within the country's territorial waters.
Some 40 Countries Want to Join the BRICS Group, But Not Mexico, Says President
Applying to join the BRICS club has become increasingly fashionable among developing countries, with 40 states expressing interest in becoming a member of the China-initiated club -- but not Mexico. President Andrés Manuel López Obrador said on Tuesday that he has nothing ...
China Demands the Philippines Remove WWII Wreck
The government of the Philippines summoned the Chinese ambassador to account for an incident earlier this week in which a Chinese coast guard vessel sprayed a Philippine fishing boat with a water cannon. Meanwhile, Beijing is demanding that the Philippines tow away BRP ...
Tensions Flare in South China Sea Following China’s Use of Water Cannon Against Unarmed Philippine Navy Supply Boat
The Philippine military condemned the Chinese Coast Guard's use of a water cannon against a much smaller unarmed supply boat that took place in disputed waters in the South China Sea on Saturday. The use of a cannon to block the ...
China’s Use of a Water Canon Against Philippines Vessels Was Planned in Advance to Set an Example for Others, Says U.S. Analyst
The following is an excerpt from an article written by Ray Powell, director of the Project Myoushu at Stanford University's Gordian Knot Center for National Security Innovation, that tracks Chinese maritime activity in the South China Sea. Powell spent more than 30 ...
China Coast Guard: Philippines Hyping South China Sea Issue at the Behest of Its “American Father”
The China Coast Guard (CCG) published its side of the story in a post on WeChat on Sunday that blasted the Philippines for unnecessarily "hyping" what happened. It appears the tactic of the Philippine Coast Guard to quickly release videos and photos ...