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Chinese Scholars: BRICS Is All About Confronting the West
Many Chinese scholars have weighed in on this week’s BRICS summit, and the framing of the discussion on Chinese-language platforms is revealing. Commentators tend to see the bloc's importance as mostly lying in how it directly confronts Western global primacy. This ...
Europe Needs a Reality Check to Remain Relevant in a Multipolar World
By Lukas Fiala The recent military coup in Niger was widely interpreted as the latest blow in a series of setbacks for Europe in Africa. After French disengagement yielded space to Russian mercenaries across the Sahel, it’s hard not to see the ...
Graph of the Day: Comparing U.S. and China’s Investment Clout in Southeast Asia
A recent article in Nikkei Asia provided a fascinating deep dive comparing China and the United States' influence in key Southeast Asian economies. It shows that while the U.S. has leaned into expanding its diplomatic engagement, Chinese economic ties in the region present a significant counterweight.
China Importing Record Volumes of Sanctioned Iranian Oil
China is importing a record amount of Iranian crude, easily circumventing U.S. sanctions expressly designed to restrict such trade, according to new findings by the data intelligence firm Kpler. Iranian oil sales to China have jumped this year from an average ...
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 ...