Via Bloomberg, a report on Venezuela’s efforts to secure Chinese energy investment: Top Maduro aides arrive in Shanghai seeking energy investment Government seeks to revive economy ahead of 2023 election Venezuela dispatched some of its top officials to China to seek energy investments to boost the economy ahead of next year’s presidential election. Vice President Delcy […]
Read more »Via South China Morning Post, an article on growing financial cooperation between China and Saudi Arabia: Bank of China (BOC) opened its branch in Riyadh on Tuesday, more than two years after being given approval by the Saudi Arabian government China’s ambassador to the kingdom, Chen Weiqing, pointed to the financial, investment and geographical advantages […]
Read more »Via South China Morning Post, an article on growing Chinese/Iranian ties: Consul General Xu Wei takes office eight months after opening of new mission in strategically important port on the Strait of Hormuz Facing tensions with the US, China and Iran forge closer relations through cooperation deals, joint military drills and diplomatic visits China’s new […]
Read more »Via Rest of World, a look at how Chinese EV battery firms are being drawn to Hungary’s access to European automakers, government subsidies, and favorable relations with China: As Chinese EV companies go global, many battery manufacturers are expanding to Hungary. Strong bilateral relations and a favorable business environment have made Hungary an appealing destination […]
Read more »Courtesy of Foreign Affairs, a look at China’s BRI 10-year anniversary: This year marks the tenth anniversary of Chinese President Xi Jinping’s Belt and Road Initiative, the largest and most ambitious infrastructure development project in human history. China has lent more than $1 trillion to more than 100 countries through the scheme, dwarfing Western spending […]
Read more »Via the South China Morning Post, an article on Chinese efforts to shore up belt-and-road deals with Middle East cash and partnerships as Western investment wanes: Beijing’s charm offensive to lure the capital from the Middle East appears to be paying off, as a Dubai-based chamber of commerce welcomes business cooperation with open arms and vows […]
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