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: Oman
Related Posts
China Fears Israel-Iran Conflict May Get ‘Out of Control’
Chinese Foreign Minister Wang Yi said Wednesday his country was concerned that the conflict between Israel and Iran "may get out of control", warning that the region could slide into an "abyss." Israel and Iran exchanged fire again on Wednesday, the ...
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
Iran-China Trade Topped $15 Billion Last Year: Report
Two-way trade between China and Iran increased by 7% last year to $15.8 billion, according to new data by Chinese customs authorities. Iranian exports to China accounted for $6.35 billion, while imports from China totaled $9.4 billion.
Chinese Official Dismisses Reports of Xi Trip to Saudi Arabia as “Gossip”
While Twitter was abuzz with speculation that Chinese President Xi Jinping would travel to Saudi Arabia this week based on a story in The Guardian, Wang Cheng, a highly-respected and normally very reliable Commerce Ministry dismissed the idea as nothing more than "gossip." Wang ...
China’s About to Buy a Lot More Russian Oil and That’s Bad News for Iran
Iran's once steady business of selling large quantities of oil to China's independent refineries may soon become the latest casualty of Russia's invasion of Ukraine. For years, China provided Iran a vital cash flow by supplying the Chinese with as much as ...
Fresh From His Africa, Indian Ocean Tours, Wang Yi Hosts Four Persian Gulf Foreign Ministers For Unprecedented Visit
A delegation of four foreign ministers from Persian Gulf countries began a landmark week-long visit to Beijing on Monday for extended talks on energy issues and, possibly, a free trade agreement. This is the ...