Country: United States of America
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Proposed New York Law Could Reshape Debt Negotiations Around the World
A bill currently under consideration in New York State could reshape sovereign debt renegotiations around the world by making private creditors accept the same losses as the U.S. government would as a sovereign creditor instead of holding out for a full payback.
Backgrounder: How China is Consolidating Oil and Gas Supplies in the Middle East
Amid rising geopolitical tensions with the United States, China is moving to tighten its control over key routes that supply it with oil and liquid natural gas. Anxiety about the United States and its allies’ ability to block shipping at critical geographical
Whatever Happened to China’s South-South Climate Cooperation Fund? The Answer is “Unclear”
During a meeting with U.S. President Barack Obama in 2015, Chinese President Xi Jinping committed to providing 20 billion yuan ($3.1 billion) to help developing countries tackle climate change. Notably, this commitment didn’t contain a timeline. Now, with the promise to ...
Southeast Asia’s Climate Goals Are Ultimately Economic Goals: U.S. Vows to Help, But China Delivers
Two weeks ago, Indonesian President Joko “Jokowi” Widodo and his ministers received a visit from the U.S.-ASEAN Business Council (U.S.-ABC). Green industries — particularly electric vehicles — were at the top of Indonesia’s talking points. “How can Indonesia get facilities to ...
Ministry of Commerce Blasts U.S. For Sanctions Against Chinese Companies Allegedly Involved in the Mexican Fentanyl Trade
China's powerful Ministry of Commerce denounced the United States for sanctioning 17 Chinese and Mexican companies and individuals last week for their alleged involvement in the fentanyl trade. The Ministry said on Tuesday the U.S. "disregarded facts " and accused Washington ...
There May Actually be An Opening for the U.S. to Spur Development of Angola’s Lobito Corridor
When the United States government announced last month that it was in the midst of conducting due diligence for a $250 million financing package to develop the Lobito Atlantic Railway Corridor that connects the copper/cobalt belts in the DRC and Zambia with Angola's Port of Lobito, it raised ...
Only 8% of Chinese Have a Favorable View of India, Says New Tsinghua Univeristy Poll
The Chinese public is far more skeptical about relations with India than any of Beijing's other major rivals, including the United States and Japan, according to a recent poll conducted by researchers at Tsinghua University. Only 8% of respondents had ...
China, U.S. Compete in Military Cooperation With South China Sea Countries As Tension Simmers
This week it was confirmed that the U.S. and Japan will conduct joint exercises in the South China Sea with the Philippines. This comes as duels between Chinese vessels and counterparts from around the South China Sea are becoming an almost daily occurrence.
Both Kenya and China Dismiss Reuters Report on Chinese Hacking as “Sheer Nonsense” and “Sponsored Propaganda”
The Chinese and Kenyan governments issued separate statements that blasted last week's report by Reuters that claimed Chinese hackers had penetrated the computer networks of eight Kenyan ministries. Citing security concerns, the report did not name any of the sources that ...
U.S.-Led Talks With Asian Countries Aims to Reduce Dependence on Chinese Supply Chains
The 14-member states of the U.S.-led Indo-Pacific Economic Framework (IPEF) met in Detroit on Friday, where they said a deal to diversify supply chains beyond China is "substantially completed." U.S. Commerce Secretary Gina Raimondo led the talks and said this ...
Chinese Hackers Targeted Kenyan Government on Debt: Report
Kenya is abuzz following an exclusive report by Reuters that Chinese entities repeatedly hacked Kenyan government computer networks. The report cites cybersecurity reports and government sources to allege that unidentified Chinese actors surveilled eight Kenyan ministries and government departments for three years. The campaign reportedly included the office ...
This Graph Explains China’s Growing Influence in Latin America
Financial Times recently published a fascinating analysis of the constraints facing U.S. influence in Latin America. While U.S. policymakers face political opposition at home to the increased market access demanded by Latin American governments, the same isn't true for China. China's trade with Latin America surged from $12 ...