Courtesy of Nikkei Asia, an article on efforts by both China and Japan to vie for influence over Southeast Asia’s decarbonization: Landlocked Southeast Asian nation Laos is at the forefront of shifting dynamics in Asia, as the decarbonization strategies of various countries — including Japan — collide with China’s Belt and Road Initiative to create […]
Read more »Via Business Insider Africa, a report on Chinese company Gotion High Tech plans to build Morocco’s first EV battery gigafactory at a total cost of 12.8 billion dirhams ($1.3 billion): Gotion High Tech to build Morocco’s first EV battery gigafactory at a cost of $1.3 billion The gigafactory will have an initial capacity of 20 […]
Read more »Courtesy of The Financial Times, a report on a Saudi Arabian fund’s recent investment in China’s most promising generative AI start-up: A Saudi Arabian fund has backed China’s most prominent generative artificial intelligence start-up, becoming the only foreign investor in the country’s efforts to create a homegrown rival to OpenAI. Prosperity7, part of the state-owned […]
Read more »Via OilPrice.com, a report of China’s Sinopec’s plans to build gas pipelines for Saudi Aramco in $1-Billion deal: A subsidiary of China’s energy giant Sinopec has signed a $1.3-billion deal with Saudi Aramco to procure and build pipelines for an expansion of the Kingdom’s natural gas distribution network, the Chinese firm said on Thursday. Under the turn-key fixed-price […]
Read more »Via South China Morning Post, an article on growing ties between Qatar and China: After his visit to Beijing to sign US$6 billion shipbuilding deal, Saad bin Sherida al-Kaabi reports friendly meetings and good prospects for further cooperation Behind the shipping deal, there is strong demand for the Gulf state’s natural gas from China, which […]
Read more »Via the European Council on Foreign Relations, a report on China’s blossoming relationship with Saudi Arabia and the UAE Summary The blossoming but still immature relationship between China and the two key Gulf states, Saudi Arabia and the UAE, has implications that reach far beyond the Middle East. Saudi Arabia and the UAE are emerging […]
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