The U.S. announced a $553M project Wednesday to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international development financing.
Monthly Archives For November 2023
Laos is spiraling toward a debt crisis as China looms large
Laos borrowed billions from President Xi Jinping’s administration to finance railways, highways and hydroelectric dams, which has ballooned public debt to over 100% of GDP. Combined with a currency crisis and soaring inflation,
China has a history of being pro-Palestinian, but now faces diplomatic conundrum
Rivalry with US and current of antisemitism are running up against Beijing’s increasing closeness to Israel
Taiwan takes aim at China’s ‘communist spies’
Taiwan is taking aim at China’s alleged “communist spies” ahead of a crucial presidential election, where the island’s relationship with Beijing will be on the ballot. Taiwan and China have been spying on each other…
China Tells Britain to Stop Efforts to ‘Enhance’ Ties With Taiwan
Taiwan and Britain, which like most countries has no formal ties with the Chinese-claimed island, on Wednesday signed a new Enhanced Trade Partnership and British Trade Minister Nigel Huddleston hosted Taiwan Deputy Economy Minister Chen…
Martha Stewart backs India outsourcing as companies rethink China supply chains
Since lockdowns in China caused severe supply chain disruption, international companies have tried to reduce their reliance on “the world’s factory”. The so-called China-plus-one shift has given low-cost India a chance to increase its share…
The National Zoo’s panda program is ending after more than 50 years as China looks elsewhere
The three giant pandas tumble around in their enclosure at the Smithsonian National Zoo in Washington, DC, munching on bamboo shoots and leaves, climbing branches and generally looking adorable.
Exclusive-China buys more US soy in second day of active purchases -traders
The wave of buying by the world’s top soybean importer was welcome news for U.S. farmers as overseas sales of the top U.S. export crop have lagged expectations. The flurry of soy import deals, some…
Sequoia China Rebranding Is High-Stakes Leadership Test
HongShan is shedding the Sequoia China name during a VC downturn and rising tensions between the US and China.
China’s CICC sees opportunity in Brazil, possible office
Securities firm China International Capital Corp sees increased opportunities in Brazil for cross-border deals and may consider opening an office in the country, Lindsay Lin, CICC’s Head of Americas,
China Property Debt Crisis Spurs Record Bad Loan-Tied Bond Sales
Markets Wrap Virginia Democrats Fend Off Republican Sweep in Win for Abortion Rights Xi to Meet US Business Leaders for Dinner in San Francisco The ABS bond sales jumped 88% on year to 33.8 billion…
Watkins: Imagining new relations with China
We need to ask and act on the prospect, “What if the impossible isn’t?” Tom Watkins is a U.S.-China business and education consultant. He has dedicated his life to building cultural, economic and educational bridges…
Pandas from the National Zoo sent back to China, as U.S-China face diplomatic tensions
It’s a moment Smithsonian National Zoo Director Brandie Smith has dreaded bidding farewell to the institution’s giant pandas.
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