Courtesy of Reuters, a report on growing ties between China and Algeria: Longtime trading partners China and Algeria agreed on Tuesday to strengthen cooperation in other areas including security and national defence, boosting Beijing’s already robust ties with a major nation on the African side of the Mediterranean. Following Algerian President Abdelmadjid Tebboune’s meeting with […]
Read more »Courtesy of Nikkei Asia, an article on how Beijing is leveraging Papua New Guinea’s frustrations over economic ties with U.S., Australia: China is bolstering economic ties with Papua New Guinea as the Pacific nation seeks to expand trade with the world’s second-largest economy even while deepening military cooperation with the U.S. The state-owned Bank of […]
Read more »Via The Diplomat, commentary on why – while the eastward extension to Surabaya may make economic sense – Jakarta should first learn from the troubles faced during the construction of the Jakarta-Bandung line: Recently, Indonesia’s Ministry of Transportation announced plans to extend the high-speed railway linking Jakarta and Bandung. Risal Wasal, the director general of railways […]
Read more »Via Fortune, an article on China’s renewable energy-driven interest in Latin America: The story of renewable energy’s rapid rise in Latin America often focuses on Chinese influence, and for good reason. China’s government, banks and companies have propelled the continent’s energy transition, with about 90% of all wind and solar technologies installed there produced by Chinese companies. […]
Read more »Via US News, a report that Honduras is exploring Chinese interest in investing in a $20B rail project: The Honduran government on Friday told Chinese officials it is seeking investors to help fund construction of a proposed $20 billion rail line connecting the country’s Atlantic and Pacific coasts, part of a binational trade and investment […]
Read more »Courtesy of The Diplomat, a look at China’s transition from the Belt and Road to the Global Development Initiative: Even as China’s Belt and Road Initiative gears up to celebrate its 10th anniversary, it is fading from prominence. In its place is the new Global Development Initiative (GDI). Chinese leader Xi Jinping announced the concept […]
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