Courtesy of Axios, an article on three recent US deals with Pacific Island states: A U.S. diplomatic offensive to counter China’s growing clout in the Pacific Islands appears to be paying dividends, with three agreements sealed within 48 hours. The big picture: The Biden administration has focused far more attention on the Pacific islands — […]
Read more »Via McKinsey, a detailed look at Vietnam’s consumer class: For the past few years, the middle class in Vietnam has been on the rise, spreading out geographically and growing increasingly diverse.1 Consumers are growing in number and becoming more demanding and discerning. It is estimated that more than half of the Vietnamese population will enter […]
Read more »Via Arab News, a report that Saudi Arabia has recently unveiled a US$207M geological mapping project to tap Arabian Shield region which features the substantial involvement of the Chinese Geological Survey: Saudi Arabia is set to build a vast database of topographic insights and explore huge swathes of mineral deposits in the Arabian Shield region, […]
Read more »Via Geopolitics in South Asia, a report that Chinese firms are making significant investments into new Suez-based projects: Chinese companies have pledged to invest over US$3 billion in new Suez-based projects. Egypt’s Suez Canal Economic Zone (SCZone) secured the investments from Chinese companies active in chemical, textile and apparel, power, pipes, and iron and steel […]
Read more »Via Modern Diplomacy, an article on how the BRICS are now a new bridge to a New World: Measuring BRICS in single decades, in 2001, BRIC started as an acronym for Brazil, Russia, India, and China; Goldman Sachs economist Jim O’Neill claimed that by 2050 the four BRIC economies would come to dominate the global […]
Read more »Via The Conversation, an article on how a Kenya railway study shows Chinese-funded investment projects aren’t a one-way street: China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence across Africa has become a contentious issue […]
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