When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...
Tag: Iran
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U.S. Expands Iran Sanctions, Targeting Chinese Firms Tied to Oil Shipments
The United States on Thursday imposed sanctions on dozens of people, companies and ships tied to Iran's oil sector, stepping up its campaign against a key revenue source for Tehran. The Treasury announced more than 50 targets aimed at people who ...
Xi Takes Veiled Swipe at Trump in Address to Eurasian Leaders
China's President Xi Jinping blasted "bullying behaviour" in the world order as he gathered Eurasian leaders on Monday for a showpiece summit aimed at putting Beijing front and centre of regional relations. The Shanghai Cooperation Organization, comprising China, India, Russia, Pakistan, ...
China and the Middle East: The Future in Three Scenarios
China's rapidly expanding presence in the Middle East has sparked a mix of anxiety and excitement, depending on one's perspective. Washington regards Beijing's support of Iran and the Palestinian cause, among other things, as key threats to its strategic interests. While ...
China to Bolster Non-Western Alliances at Summit, Parade
By Isabel Kua China's President Xi Jinping will host world leaders including Russia's Vladimir Putin and India's Narendra Modi from Sunday for a summit before a huge military parade as he seeks to showcase a non-Western style of regional collaboration.
China Says Opposes European Sanctions Over Iran Nuclear Program
China said Friday it opposed invoking sanctions on Iran over its nuclear program after three Western nations told the UN they would reimpose them if no diplomatic solution was found by the end of August. European sanctions on Iran were eased ...
China’s Happy With Its Iran Ties Just the Way They Are
There's been a lot of speculation in the aftermath of the brief U.S.-Israel conflict with Iran that Beijing would step in to bolster its longtime partners in Tehran. Rumors have been bouncing around that China will sell Iran advanced fighter jets ...
Chinese Commentators Cheer Over Iran Ditches GPS for Beidou
In a move hailed by Chinese media as a geopolitical turning point, Iran has announced plans to gradually replace the U.S.-controlled GPS system with China’s Beidou satellite navigation network. The decision, revealed in mid-July by Iran’s Deputy Minister of Communications and Information Technology, is being framed in ...
Iran’s Isolation Highlights China’s Calculated Restraint
By Razan Shawamreh The recent Iran-Israel war has underscored a sobering reality for Tehran: When push comes to shove, China is far more likely to adapt to Iran’s decline or collapse than bear the costs of coming to its aid.
Rio to Host BRICS Summit Wary of Trump
A summit of BRICS nations will convene in Rio de Janeiro on Sunday and Monday, with members hoping to weigh in on global crises while tiptoeing around U.S. President Donald Trump's policies. The city, with beefed-up security, will play host to ...
China Hosts Iranian, Russian Defense Ministers Against Backdrop of ‘Momentous Change’
China hosted defense ministers from Iran and Russia for a meeting in its eastern seaside city of Qingdao on Thursday against the backdrop of war in the Middle East and a summit of NATO countries in Europe that agreed to boost military spending.
Trump Says China Can Continue to Buy Iranian Oil
China can continue to buy Iranian oil, U.S. President Donald Trump said on Tuesday, in what appeared to be relief for Tehran from sanctions that Washington has previously imposed to punish the trade. "China can now continue to purchase Oil from ...
U.S. Urges China to Keep Iran From Shutting Key Trade Route
U.S. Secretary of State Marco Rubio urged China Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following American strikes on Iranian nuclear sites. "I encourage the Chinese government in Beijing to call them ...