A massive acid spill from a Chinese-owned copper mine in Zambia, which has caused severe environmental damage along a major river, could also cause severe diplomatic damage between the two countries, according to observers. On February 18, a tailings dam containing acid waste from the Sino-Metals Leach Zambia copper mine – which is majority-owned by…
China said this weekend it was prepared to respond to a “discriminatory” United States presidential order restricting Chinese investment in critical American technology and infrastructure. On Saturday, President Donald Trump signed an “America First Investment Policy” memorandum ordering the US to “use all necessary legal instruments” to block Chinese-affiliated investments in American “technology, critical infrastructure,…
China may be under pressure to let its currency appreciate and should reduce reliance on the US market, Chinese analysts said, after a former protégé of billionaire George Soros was tapped to become Washington’s top economic official. US president-elect Donald Trump on Friday picked hedge fund manager Scott Bessent, founder of investment firm Key Square…
Following a meeting with Jin Zhuanglong, Minister of Industry and Information Technology, Apple (AAPL, Financials) CEO Tim Cook promised further investment in China, according to a government WeChat statement. Cook underlined Apple’s intentions to increase its Chinese investment and stressed the company’s responsibility in helping the Chinese supply chain to grow. Particularly in areas like…
Southeast Asia is playing an ever-growing part in China’s investment and diplomatic decisions, particularly as Beijing’s rivalry with Washington heats up. In the third of a four-part series on China’s ties with Asean, Orange Wang looks at how Beijing is using infrastructure to forge stronger links with the region. When Vietnam’s new top leader To…
When Chinese President Xi Jinping opened the China-Africa summit on Thursday, he called on the continent to join China in leading the modernisation of the Global South, which he said has suffered “injustice” at the hands of the West. In a joint action plan, China called for strengthened cooperation on supply chains and green technology…