Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the US targeting those ships with port fees aimed at countering China’s maritime dominance, a new report from the Center for Strategic and International Studies showed, reports Reuters. Chinese shipyards captured 53% of all global ship orders by tonnage […]
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China launched a trade barrier investigation into Mexico after the Latin American country announced plans to impose tariffs of as much as 50% on Chinese cars and other products, reports Bloomberg. The Chinese Ministry of Commerce expressed its strong opposition to Mexico’s proposed tariffs and said its investigation is aimed at safeguarding the interests of […]
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Influence
The Lowy Institute is a think tank in Australia which does some good stuff on China. It just issued its Southeast Asia Influence Index, which now has China with an overall score of 65 out of 100, a one-point lead over its nearest rival, the United States, making it the “most influential power” in six […]
China will cut its greenhouse gas emissions by up to 10% and increase renewable energy capacity six-fold within a decade, Chinese leader Xi Jinping announced in a new climate plan, along with a thinly veiled swipe at the US, reports the Financial Times. The climate goal was described as “both underwhelming and transformative,” with experts […]
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China now Southeast Asia’s leading partner
With China’s economic clout still its “strongest card” in Southeast Asia, Beijing is continuing to gain prominence in all corners of the region as its leading external partner, according to a study released on Wednesday, reports the South China Morning Post. According to the Lowy Institute’s Southeast Asia Influence Index, China has an overall score […]