China
Xi Jinping urges military readiness amid rising tensions with Taiwan
In a stark reminder of escalating tensions in the Taiwan Strait, Chinese President Xi Jinping has called for enhanced military preparedness, emphasising the need for the People's Liberation Army to bolster its war capabilities
Malaysia seeks BRICS membership
Malaysia is aiming to become the latest member of the BRICS bloc, which was originally formed by Brazil, Russia, India, China, and South Africa
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India and China agree on border disengagement ahead of BRICS summit
India's Ministry of External Affairs confirmed an agreement with China on disengagement and border patrols along the Line of Actual Control. The announcement comes as Indian Prime Minister Modi prepares to attend the BRICS summit in Kazan, Russia.
China Development Bank chief discusses joint projects in Hungary
Hungary has become the number one destination for Chinese investments in Central and Eastern Europe.
OPINION: BRICS’ path to expansion
34 countries have already submitted their applications to join BRICS, as recent geopolitical shifts have led to a realignment in global politics.
Can the BRICS beat the G7?
Leaders of the Global South will flock to Kazan, the capital of Tatarstan, on October 22 for this year’s BRICS summit hosted by Russia, where they hope to thrash out some more details of the new non-aligned global order.
Half the world’s food production at risk due to mounting water crisis
More than half of the world’s food production is at risk of failure within the next 25 years as a rapidly worsening water crisis threatens global agricultural systems, according to a new report.
BRICS members hoping to develop a digital "BRICS Pay" cryptocurrency international trade system
One of the biggest questions that the BRICS members will discuss at the summit will be setting up an inter=BRICS payment system to by-pass the dollar. The US decision to weaponise the dollar has unsettled Central Bankers around the world.
China’s economic takeover in Latin America sparks opportunities and concerns
In the last two decades, China has emerged as a key player in Latin America's economy, making strategic investments in infrastructure, energy, and telecommunications, transforming the region into an essential hub for its interests.
Brazil cautiously spearheads BRICS push for national currency trade
Brazil is taking a leading role in efforts to reduce the BRICS economic bloc's dependence on the US dollar, championing the use of national currencies in trade among member states.
Kazakhstan has no plans to join BRICS, says Astana
Position not likely to change in foreseeable future, president’s spokesman makes clear ahead of 16th summit of Putin-backed group in Russia.
China’s military – bringing together modernisation and escalating aggression
In recent years, the PRC has escalated both maritime and aerial incursions into Taiwan's territory, including detaining a Taiwanese fishing boat, conducting patrols that crossed the Taiwan Strait's median line, and increasing harassment around Kinmen
Sri Lanka to apply for BRICS membership
Sri Lanka has decided to apply for the membership of the BRICS and the New Development Bank, the country’s Foreign Minister Vijitha Herath said on October 14
US, Brazil lead the charge in global carbon capture, but current capacity is a fraction of what’s needed
Brazil and the US have the biggest carbon capture and storage capacity and China is adding at the fastest rate, but the total global CCS capacity is a tiny fraction of what is needed to get to carbon-zero.
Taiwan, Japan and ASEAN member nations deliver a diplomatic broadside to China
Taiwan President William Lai on October 10 – the nation’s National Day - vowed to safeguard the island’s self-governing status in his most prominent public address to date since taking office earlier this year
China unveils $71bn swap facility to revitalise flagging economy
In a bold move to support its struggling economy, China's central bank has introduced a substantial liquidity initiative, opening a $71bn “swap facility” aimed at enabling firms to purchase stocks
Temu sales soar to make it clear leader in Hungarian e-commerce market
Chinese giant is on track to generate €330mn in revenue from Hungary in 2024, according to GKID research.
Vietnamese fishermen beaten with metal rods by Chinese forces near Paracel Islands
In what is being seen as the latest in a long line of examples of Chinese intimidation tactics against non-Chinese fishermen, reports are emerging of a vicious, organised attack by Chinese paramilitary forces against Vietnamese fishermen.
Payments decree orders Kyrgyzstan traders to guarantee booked imports are not heading for Russia
Tightening of sanctions screw a response to Western officials who demanded action against “re-exports” trade boosting Kremlin’s war economy.
COMMENT: From Globalisation to “slowbalisation” as FDIs decline on trade and geopolitical woes
Global flows of foreign direct investment have trended downwards, both in absolute terms and as a share of world GDP, driven by multiple factors including changes in industrial organisation, increasing barriers to trade and investment.