Tag: United States
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Chinese Mining Companies Digest New U.S. Rules Aimed at Cutting Them Out of EV Supply Chain
Chinese mining executives at privately owned companies are breathing a sigh of relief that new U.S. regulations aimed at cutting them off the American EV supply chain aren't as stringent as expected. Earlier this month, the Biden administration unveiled a series ...
Top U.S. and Chinese Diplomats Talk Israel-Hamar War, Bilateral Ties
Chinese Foreign Minister Wang Yi and U.S. Secretary of State Antony Blinken discussed ways to prevent the Israel-Hamas conflict in Gaza from spreading and agreed to build on recent progress in bilateral ties. “The top priority is to cease fire and to ...
Vietnam’s Biggest Export Market U.S., Import Source China
The U.S. was Vietnam’s biggest export market in the first 11 months of 2023 at $88 billion, down 13% year-on-year. China was second at $56 billion. Meanwhile, China was Vietnam’s largest import market at $100 billion, followed by South Korea at ...
China-Angola Meeting As Luanda Navigates Great Power Competition
Angola’s Foreign Minister Téte António met with his Chinese counterpart Wang Yi in Beijing on Wednesday. He also signed a bilateral investment protection measure with Commerce Minister Wang Wentao. China has sometimes struggled to get such formal investment protection guarantees from ...
Ford’s Nickel Deal With Huayou Cobalt Exposes the Limits of U.S. Influence to Counter China
The Ford Motor Company is moving forward with a massive $3.8 billion three-way nickel deal with Brazilian miner Vale and Chinese mining giant Zhejiang Huayou Cobalt. Nickel is one of the key metals used to manufacture electric vehicle batteries, that companies ...
China Excoriates U.S. as Culprit in Philippine Tensions in South China Sea
Chinese media and official channels shifted into overdrive this week in condemnation of U.S. hegemony as the true source of tensions in the South China Sea, despite the friction ostensibly being a China-Philippines territorial dispute. Government statements called out the U.S.’s ...
What the U.S. Needs to Do to Better Compete With China in Development Finance
There's a growing sense of anxiety in Washington over what the U.S. can do to better compete with China to finance infrastructure in developing countries around the world. For much of the past three years, the Biden administration has made the ...
Agreements At COP28 But Key Problems Remain Untouched
China supported some key agreements unveiled at the COP28 climate gathering in Dubai, United Arab Emirates, over the weekend. However, it refused to join a popular decarbonization pledge, showing that key disputes remain unresolved. The early agreements include the Oil & Gas ...
Biden Issues New Rules That Aim to Cut China Out of the U.S.’ EV Battery Supply Chain
U.S. consumers will no longer benefit from a $7,500 tax credit when they buy an electric vehicle that contains battery metals that were produced in China, according to new rules released by the Biden administration on Friday. The new regulations are ...
China Under Pressure at Historic Climate Conference
China and the United States have pledged to work together to advance global climate goals in the runup to the UN’s COP28 climate summit starting on Thursday in the United Arab Emirates. The stakes can hardly be higher: 2023 is the ...
How Does China Rank in Climate Finance?
One of the most fractious fights at the COP28 summit is likely to be the developed world’s failure to meet its commitment of $100 billion in climate finance per year. China’s rapid growth is increasing pressure on it to contribute more to this ...
A Chinese Perspective on the Proposed U.S.-Backed Lobito Corridor in Angola
Angolan President João Lourenço is scheduled to meet with his U.S. counterpart, Joe Biden, at the White House on Thursday, where the two are expected to discuss moving forward with the development of the Lobito Corridor. The U.S. and the European ...