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Depending on who you speak with, the 25-year Comprehensive Strategic Partnership (CSP) agreement between China and Iran either marks the emergence of a new "axis of evil" that's going to overturn the balance of power in the Middle East or it's just a lot of vague promises that are largely aspirational with no firm commitments. The truth is that no …
 
A pair of recent Congressional hearings revealed the heightened anxiety in Washington about China's expanding presence in the Middle East and North Africa. Both lawmakers and Pentagon officials appear increasingly concerned that China's rapidly expanding economic, security, and diplomatic presence in the region will all come at the expense of the U…
 
Although China has successfully leveraged its strengths in COVID-19 vaccine production to replenish its reservoir of goodwill in many developing countries, elsewhere Beijing is facing growing resistance to its increasingly assertive foreign policy agenda. The U.S. is mobilizing friends and allies to build large coalitions designed to confront China…
 
U.S. Secretary of State Antony Blinken's comments this week that suggested China imports labor to work on infrastructure projects highlights the incredible durability of one of the oldest myths about Chinese engagement. The reality is there's been a steady decline in the number of Chinese workers over the years and that the overwhelming majority of…
 
This week on the Caixin-Sinica Business Brief: Tesla finds itself under pressure from Chinese regulators to share vehicle data with a passenger; China’s top health authority launches an investigation into medical malpractice after a whistleblower reveals widespread misconduct in the treatment of cancer patients; and ByteDance turns away from a near…
 
While Africa is home to a number of world-class think tanks, very few have deep expertise in China and Asian affairs more broadly. This week, a group of young scholars launched the Afro-Sino Centre for International Relations in Ghana in an effort to help fill that void and provide China-Africa analysis from a distinctly African perspective. AfSCIR…
 
This week on the Caixin-Sinica Business Brief: First-quarter profits from China’s centrally administered state-owned enterprises are up 31% from the same period in 2019; an industry report shows that China became the world’s largest buyer of chip equipment in 2020; and the Hong Kong government announces that Chinese mainland residents can begin to …
 
In the run-up to last Friday's U.S.-Japan summit at the White House, there had been a lot of talk that President Joe Biden and Prime Minister Yoshihide Suga would announce a new initiative to challenge China's Belt and Road Initiative. In the end, it turned out that the two leaders did not address infrastructure development in their summit's joint …
 
Chinese seafood buyers are reportedly cutting out Kenyan middlemen and working directly with local fishermen for lobsters and other fish products, according to a report in the East African newspaper. Fishermen, for their part, aren't complaining. They're getting to work directly with customers wh provide access to an enormous consumer market back i…
 
2021 has been a busy year so far for China's technology giants as they look to expand their international operations and appear to have their sites set on expanding in both the African and Arabian markets. JD, Didi, iQiyi, and Tencent are among those who've all made announcements in the past few weeks. Tech journalist Alexandria Williams closely fo…
 
This week on the Caixin-Sinica Business Brief: The U.S. Senate directs the U.S. government to adopt a policy of “strategic competition” with China; ecommerce giant JD.com and Visa have agreed to jointly launch an online merchant subsidies program; and Inner Mongolia sets the stage to decrease the region’s production capacity of steel, coking coal, …
 
The United States government is stepping up its effort to mobilize its friends and allies to challenge China's growing influence across large swathes of the Global South. While Southeast Asia is the primary front in this burgeoning rivalry, Africa and the Americas are also emerging as important regional theaters. India is playing a central role in …
 
This week on the Caixin-Sinica Business Brief: Semiconductor prices continue to rise; the fintech arm of Chinese ecommerce giant JD.com withdrew its application for an IPO in Shanghai; and China’s central bank begins cross-border tests of the virtual yuan. In addition, we speak with Caixin Global podcast producer Nandini Venkata, who tells us about…
 
A groundbreaking new analysis by researchers in the United States and Germany provides an unprecedented look inside the contracts that China uses to lend billions of dollars to developing countries around the world. The new report, "How China Lends," was joint effort by scholars at AidData at William & Mary College, the Kiel Institute for the World…
 
Chinese Foreign Minister Wang Yi's latest six-nation tour of the Middle East and Turkey revealed that Beijing now aims to play a much larger role in the region. During his trip, Wang signed a high-profile strategic cooperation agreement with Iran, announced a major vaccine production deal with the United Arab Emirates, and brought China's message o…
 
It wasn't that long ago when China lent tens of billions of dollars to developing countries in Africa and the Americas to build vast amounts of badly-needed infrastructure. Now, it appears, those days are over. Concerns over debt sustainability, corruption, and poor planning have all led to a dramatic fall-off in Chinese lending in those regions. D…
 
This week on the Caixin-Sinica Business Brief: China imposes sanctions on nine British individuals for “spreading lies and misinformation” about labor conditions in Xinjiang; Foreign residents aged 18 and above will be able to receive China-made COVID-19 vaccinations in Beijing; and a state-owned offshore oil and gas producer reports a 59% decrease…
 
A series of high-profile recent incidents including the use of blackface on Chinese TV, discrimination against Black residents in the southern Chinese city of Guangzhou, and widespread racial insensitivity on Chinese social media sites like Weibo have sparked a vibrant discussion about anti-Black racism in China. While these conversations have done…
 
The Chinese government insists that politics play no part in its rapidly expanding global vaccine distribution campaign. But when you look at the maps as to where Chinese vaccine sales and donations are heaviest, it just so happens to be in regions that are among the most strategically important to Beijing: Southeast Asia, the Persian Gulf, and Sou…
 
This week on the Caixin-Sinica Business Brief: China and the new U.S. administration under Biden finish their first face-to-face meetings in Alaska; Pinduoduo’s chairman announces his departure from the company; and Beijing and Shenzhen begin a trial program to manage multinationals’ cross-border use of funds. In addition, we speak with Caixin Glob…
 
The recent visit to Zambia by China's top foreign policy official Yang Jiechi highlights the outsized importance Lusaka plays in Beijing's broader Africa strategy. Relations between the countries are among China's oldest on the continent, dating back to the anti-colonial struggles of the 1960s. Today, ideology has given way to economics. Zambia is …
 
China's enormous size affords it tremendous advantages in its relations with smaller countries, particularly developing states in the global south. Beijing regularly leverages its huge economy, growing military power, and diplomatic muscle in international organizations to both cajole and even coerce other countries in pursuit of its own interests.…
 
This week on the Caixin-Sinica Business Brief: Foreign nationals are slowly being allowed to return to China, provided they’ve been inoculated with a Chinese-made COVID-19 vaccine first; Huawei and Hikvision are added to a new blacklist by the U.S. Federal Communications Commission; and a massive dust storm blankets huge swathes of northern China, …
 
This month marks the one-year anniversary of the Black China Caucus (BCC), an organization set up to foster a more inclusive discussion about China. BCC was founded by a group of Black China professionals in the United States with a range of backgrounds in academia, politics, and business who all saw it as an urgent imperative that traditionally ma…
 
This week on the Caixin-Sinica Business Brief: China sets a target for economic growth above six percent as the country’s economy continues to rebound from the coronavirus; China formally ratifies the Regional Comprehensive Economic Partnership (RCEP) in the Asia-Pacific region; and data reveals that Chinese exports jumped 60.6% in dollar terms in …
 
The Chinese "are kicking our tails everywhere" warned Tibor Nagy in a recent column published in the Lubbock Avalanche-Journal newspaper in Texas. The former top U.S. diplomat for Africa called on the new Biden administration to do more to confront Beijing's "unrestrained and aggressive tactics" on the continent. Nagy's comments come as both Chines…
 
Kenya has done far better than many countries in fostering robust ties with both the United States and China, particularly in economic relations. Just last week, President Uhuru Kenyatta spoke by phone with his American counterpart Joe Biden and among the issues they discussed was the revival of talks to finalize a free trade agreement between the …
 
This week on the Caixin-Sinica Business Brief: The reigning champions of China’s premier soccer league cease operations; Chinese President Xí Jìnpíng 习近平 declares “total victory” in the government’s mission to eradicate poverty; and expansion in China’s manufacturing sector continues to slow. In addition, we speak with Caixin Global reporter Tang Z…
 
Africa is emerging as a front in two great power rivalries, one between China and the U.S. and the other between China and India. The increasingly bitter feud between Asia's two largest countries now extends beyond the sub-continent into the Indian Ocean and all the way to Africa. Abishek Mishra, a junior fellow at the New Delhi-based think tank Ob…
 
Chinese debt relief talks are underway in a number of African countries including Angola, Zambia, Kenya, and Ethiopia among others but you wouldn't really know it. Officials on all sides aren't saying much and there's relatively little press coverage on the issue. Meantime, a growing number of African countries are signing on to the G20's common fr…
 
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