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WEEK IN REVIEW: Trump’s New Tariff Threat Hits Asia, Africa, Global Stocks

U.S. President Donald Trump posted a letter on social media on Wednesday saying he intends to impose a 50% tariff on "any and all Brazilian products sent into the United States" from August 1. Unlike his other tariff letters, this one specified that the levy is in response ...

China, EU Suspend Brazil Chicken Imports Over Bird Flu

China and the European Union have suspended imports of chicken meat from Brazil, the world's biggest exporter of the commodity, after an outbreak of bird flu on a farm in the South American country, officials said Friday. China is the main importer ...

China, EU Suspend Brazil Chicken Imports Over Bird Flu

China and the European Union have suspended imports of chicken meat from Brazil, the world's biggest exporter of the commodity, after an outbreak of bird flu on a farm in the South American country, officials said Friday. China is the main importer ...

China Offers New Credit to Latin America, Caribbean in Show of Solidarity

China will extend RMB66 billion ($10 billion) in fresh credit lines to Latin American and Caribbean countries. The financing will be denominated in yuan and represents a further internationalization of the Chinese currency. The financing will be used for infrastructure and development projects.

EU Unveils Critical Material Projects to Cut China Dependence

By Raziye Akkoc and Daniel Aronssohn The EU unveiled dozens of projects Tuesday to ramp up the extraction of critical raw materials in Europe as the bloc seeks to reduce its over-reliance on China. The ...

Analysis from Cobus van Staden

BRICS Announces Numerous New Initiatives

The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...

Is Europe Facing a “Lost Decade” Across the Global South?

By Lukas Fiala With Europe scrambling to adjust to a world in rapid transition, two key events will shape the continent’s ability to sustain competition with China across the Global South. The first was exemplified by Germany’s election last Sunday, which ...

Somali Pirates Demand Ransom for Chinese Vessel

Somali pirates who hijacked a Chinese fishing boat have demanded a ransom payment for the vessel and its 18 crew members, police and local officials said on Saturday. It was not immediately clear when the ship was taken hostage by gunmen wielding ...

Beyond the Belt and Road? What’s next for the EU in Latin America

Last year, the European Union renewed its economic and strategic interest in Latin America by announcing investments of EUR 45 billion (USD 48.7 billion), seen by many as a way to regain influence in the face of China’s growing presence in the region.

New Chinese Trade Data Reveals Growing Importance of Global South Amid Mounting Tensions With U.S., EU

China registered a record $99 billion trade surplus in June, adding to concerns that Beijing is leaning on exports to try and pull itself out of an economic slump. While the flood of low-cost Chinese-made products is good news for consumers, ...

China’s BYD Signs Deal to Open Electric Car Plant in Turkey

China's electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariffs. The signing ceremony in Istanbul between BYD's CEO Wang Chuanfu ...

Xi Calls on World Powers to Help Russia, Ukraine ‘Resume Direct Dialogue’

By James Edgar Chinese President Xi Jinping told Hungarian Prime Minister Viktor Orban on Monday that world powers should help Russia and Ukraine re-start direct negotiations during a visit to Beijing branded a "peace mission" by the European leader.

Serbian Media on Xi Jinping’s Visit to Belgrade

In this edition of the ChinaMed Observer, we analyze the Serbian media debate on relations with China on the occasion of Chinese President Xi Jinping’s state visit to Belgrade. By Anja Duvnjak and Leonardo Bruni ...
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