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Massive Russian Energy Buys Are Transforming China’s Global Trade
Russia is now China's largest single supplier of energy commodities in a shift that is also transforming Beijing's trade engagement in countries throughout the Global South. Whereas fifteen years ago, China sourced a third of its imported crude oil from African ...
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. ...
Japan Moves to Build China-Free EV Battery Supply Chain
Nishimura Yasutoshi, Japan's economy and industry minister, spent last week crisscrossing southern Africa on a five-nation tour at the behest of his country's auto industry that is looking for new supplies of the raw materials needed to power electric vehicles. Japan, like ...
Burundi’s “Banana Riders” Go Viral on Chinese Social Media, Triggering Memories of China’s Own Development Journey
Eric, a young Burundian, barrels down a mountain at 70km an hour with more than 200 kilos of bananas strapped to his rickety bicycle in what looks like an absolutely terrifying race to the bottom. Eric and his fellow "banana riders" ...
The China-Mediterranean Observer: Amid a Surge of Palestinian-Israeli Violence, Chinese Optimism About Its Role in the Peace Process Fades
June was a relatively uneventful month for Chinese commentators and journalists covering developments in Sino-Mediterranean relations. Among the few events that garnered significant media attention was the state visit by Palestinian President Mahmoud Abbas to Beijing. In line with the ...
Is Myanmar a Good Testing Ground for How Far India Will Go to Counter China’s Influence?
By Saniya Kulkarni There have been developments in the China-Myanmar relationship since the first visit of former Chinese Foreign Minister Wang Yi to Bagan following the coup in 2021. When we last wrote of this visit, Chinese support of the military ...
China’s Low-Key Response to the Niger Coup
The Chinese government has been noticeably quiet in response to the turbulent events in Niger where President Mohamed Bazoum was deposed last month in a military coup. The Chinese Foreign Ministry has issued three pro-forma ...
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, ...
Reminder: China Will Be Central to Clean Tech Supply Chains for a Long Time
Financial Times published a fascinating rundown of China’s ongoing centrality in the mining and refining of critical minerals. These minerals, which include lithium, cobalt and nickel, are key to many clean energy applications, from e-vehicle batteries to wind turbines. China’s investments in ...