Via Eurasia Review, commentary on China’s significant investment presence in Indonesia: China’s huge leverage in Indonesia has impacted Indonesia’s economic development. Over a decade, China has never been absent as the main of Indonesia’s trading partner. In the Jokowi era, for example, the Chinese investment reached nearly US$8 billion by 2022. According to the Indonesia […]
Read more »Via The New York Times, a report on data showing that the United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted: In the depths of the pandemic, as global supply chains buckled and the cost of shipping […]
Read more »Via South China Morning Post, an article on African tour operators’ efforts to lure more Chinese tourists: After three years cut off from China’s sprawling pool of cash-strapped travellers, tourism operators in countries such as Tanzania are moving fast to lure them back However, Africa remains a niche travel destination, and there are abundant challenges […]
Read more »Courtesy of The Africa Report, an article on the recent announcement that two firms, Singapore-based Trafigura and Canada’s Ivanhoe Mines, signed a major deal to export copper along a US-backed rail route from Democratic Republic of Congo to Angola: Two firms, Singapore-based Trafigura and Canada’s Ivanhoe Mines, signed a major deal to export copper along […]
Read more »Courtesy of Newsweek, an article on Wall Street’s growing transition towards India instead of China: Wall Street giants are betting on India’s future growth potential over China as Beijing’s economic performance falters. Investment bank Goldman Sachs and Morgan Stanley have endorsed New Delhi’s economic potential over China, Bloomberg reported on Tuesday. This realignment in global investment […]
Read more »Courtesy of Bloomberg, a report on the estimated $5 billion trade in smuggled fuel — much of it coming from Russia: On a clear morning in September 2022, the Queen Majeda, a faded blue and white tanker loaded with marine gas oil worth more than $2 million, left the Libyan port of Benghazi and set off for Porto […]
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