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 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 […]
Read more »Courtesy of Nikkei Asia, a report on the Pinglu Canal in southern China which is set to reshape the movement of goods in the region when it is completed in a few years. The $10 billion project highlights Beijing’s shifting focus toward maritime connectivity for its Belt and Road Initiative, observers say. But as the […]
Read more »Via China Global South, commentary on why many Indonesians think Jokowi fumbled Chinese high-speed rail diplomacy: The China-backed high-speed train that runs from Jakarta to Bandung, two main cities in Indonesia, is nearing completion, and is slated to begin serving the public in August this year. But after about a decade of planning and construction, […]
Read more »Via East Asia Forum, an article on China expanded economic reach into Central and South America: In early March 2023, General Laura Richardson, head of the United States Southern Command, told a US congressional hearing that Chinese actions in South America posed a threat to US safety. According to General Richardson, China is on a […]
Read more »Courtesy of Geopolitical Futures, analysis of China’s new approach in Africa: China is moving away from its landmark Belt and Road Initiative in favor of smaller direct investments in strategic projects like renewable power and communications. In 2013, Beijing unveiled the Belt and Road, consisting of huge loans for gargantuan infrastructure projects in the Global […]
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