Via the South China Morning Post, commentary on how China is still reluctant to use its power and influence in Eurasia, despite crises in Ukraine and Afghanistan This year marks the first decade of the Belt and Road Initiative. While the vision might have evolved from the speeches President Xi Jinping gave in Astana and Jakarta in […]
Read more »Via the Asia Times, a report on how Cambodia’s economy has underperformed and will likely continue to underwhelm until China brings back its ‘green gold’ in the form of visiting tourists: The many unfinished buildings — most owned by Chinese investors — lining the streets of the coastal town of Sihanoukville may be symptomatic of the […]
Read more »Via Foreign Policy, an article on Venezuela’s economic inequality where, as high-end stores open in Caracas, the poor are getting poorer: In mid-November, a glassy Saks Fifth Avenue-like department store opened in Caracas’s wealthy commercial district of Las Mercedes. The store, Avanti, is owned by a Palestinian-Venezuelan businessman and sells high-end fashion brands—Balenciaga, Gucci, Versace, Valentino—and […]
Read more »Via The Daily FT (Sri Lanka’s first and only national daily business paper), a report on recent Emirati investor delegation visit to Port City Colombo: A delegation of investors from the United Arab Emirates, led by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on 14 January, during a special visit […]
Read more »Via Bloomberg, a report on UAE’s Mubadala plans to focus on Asia and China in 2023: Mubadala Investment Co. plans to focus on investments in Asia this year as China recovers from the pandemic faster-than-expected and India’s economy continues to grow. The $284 billion Abu Dhabi wealth fund expects a “strong recovery” in China this year and […]
Read more »Via Quartz, a report on a planned new spaceport in Djibouti which is expected to include seven satellite launch pads and three rocket testing pads, and will be the first orbital spaceport on the continent: Africa could soon get a new spaceport after Djibouti signed a partnership deal with Hong Kong Aerospace Technology to build a […]
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