Via Reuters, a report on China’s continued outreach to African countries: China signed a cooperation agreement with Mauritania and pledged to strengthen collaboration with Burundi on Friday in the latest in a series of talks between visiting African leaders and Chinese President Xi Jinping. “Developing solidarity and cooperation with African countries is an important cornerstone […]
Read more »Via the South China Morning Post, a report on China’s outreach to Indonesia, Guyana, and Georgia: The global infrastructure strategy is Chinese president’s main talking point during meetings with Joko Widodo, Irfaan Ali and Irakli Garibashvili Xi also discusses the plan with leaders of Mauritania and Burundi on sidelines of World University Games in Chengdu […]
Read more »Courtesy of Nikkei Asia, an article on how China’s CATL is taking on challenges to its battery leadership by taking on mining projects, expanding overseas, and developing new technology: China’s Contemporary Amperex Technology (CATL), the world’s leading supplier of electric-vehicle batteries, is trying to head off three risks to its business by securing crucial minerals, […]
Read more »Via the Lowy Institute, a review of China’s BRI engagement with Pakistan: A flagship for China’s much-vaunted Belt and Road Initiative, the $62 billion China-Pakistan Economic Corridor (CPEC) has been underway for a decade. Signed by Pakistan’s then prime minister Nawaz Sharif following a July 2013 meeting in Beijing with China’s President Xi Jinping, the two leaders pledged the now all-too-familiar homilies […]
Read more »Via Middle East Eye, an article on Saudi Arabia’s plan to ramp up oil investments in China as it competes with Russia: Saudi Arabia’s state-owned oil company, Aramco, will plough ahead with new investments in China, despite posting a 38 percent drop in profit as lower oil prices and production cuts bite. Aramco announced on Monday […]
Read more »Via Bloomberg, commentary that tensions between the Asian rivals will likely prevent the BRICS bloc from ever posing a coherent challenge to the West: For an acronym coined by an investment bank in a decades-old report notable mainly for being wrong, “BRICS” has had a good run. It was once an idea, then a summit, and […]
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