Iran and Argentina seek to join the Brazil-Russia-India-China-South Africa economic bloc known as BRICS. In 2022 the GDP Purchasing Power Parity (PPP) of the 5 existing members of BRICS is greater than that of the G7 bloc. Argentina has applied to join BRICS. President Alberto Fernandez on Friday urged the creation of cooperation mechanisms that could represent the alternative to ostensibly private institutions run by – and in the interest […]
Cuba’s energy minister says the country’s long-term goal is to generate 100 percent of its electricity from renewable sources. The second International Renewable Energy Fair, was held on June 22 to 24 at the Pabexpo fairgrounds in the Cuban capital, Havana, and featured the participation of important institutions and foreign companies from 29 countries. The event sought to promote foreign investment emphasizing solar energy and biomass and their efficient use […]
China’s growing role in Indonesia’s economy is now becoming a crucial source of growth for the two nations. China has emerged as the third largest source of investment in Indonsesia, just behind Singapore and Hong Kong SAR. The combined Hong Kong and Chinese mainland investments accounted for 25 % of the total overesas invbestment in Indonesia in 2021. This only behind Singapore which accounts for 30.2 % of overesas investment, […]
Why advanced countries must proportionately make the biggest cuts in carbon emissions – a factual briefing Shared from: Learning from China, Published by John Ross, Senior Fellow, Chongyang Institute for Financial Studies, Renmin University of China. The article was written in the context of the COP26 UN climate change conference in November 2021. Ross argues that the factual situation is entirely clear. It is the advanced economies which overwhelmingly have above average […]
Shared from: Learning from China, Published by John Ross, Senior Fellow, Chongyang Institute for Financial Studies, Renmin University of China. The article was written in the context of the COP26 UN climate change conference in November 2021. Ross argues that the factual situation is entirely clear. It is the advanced economies which overwhelmingly have above average per capita CO2 emissions and it is developing economies which overwhelmingly have below average per capita […]
A joint study by Columbia University (in US) and Oxford University (in UK) refutes claims of Chinese “debt-trap diplomacy” in Africa, and highlights that debt owed to European bondholders is a bigger contributor to debt. In fact: Chinese entities account for only 8% (US$78 billion) of sub-Saharan Africa’s government debt (US$954 billion) and 18% of total external debt, of which ⅓ was owed to bilateral official partners, ⅓ to international […]
“Since the beginning of the 2018 US-China trade war, Western countries have sought to decouple from China in terms of economic, technological, and people-to-people exchanges. According to Cheng Yawen, the recent Russian-Ukrainian conflict marks the end of the US-led globalization wave. Facing the possibility of full decoupling by the West in the future, China urgently needs to make a new choice in its diplomatic and strategic priorities to downgrade the […]
Doubts regarding the Belt and Road Initiative are both counterfactual and counterproductive Published 2022/06/10 Sholto Byrnes writing in the United Arab Emirates newspaper The National looks at at the nature of the Belt and Road Initiative (BRI), revisiting an August 2020 report by the UK’s leading international affairs think tank Chatham House, titled Debunking the Myth of ‘Debt-trap Diplomacy’. Contrary to Western view, the Belt and Road Initiative is not some form […]
Doubts regarding the Belt and Road Initiative are both counterfactual and counterproductive Sholto Byrnes writing in the United Arab Emirates newspaper The National looks at at the nature of the Belt and Road Initiative (BRI), revisiting an August 2020 report by the UK’s leading international affairs think tank Chatham House, titled Debunking the Myth of ‘Debt-trap Diplomacy’. Contrary to Western view, the Belt and Road Initiative is not some form of Chinese […]
Rapid climate warming has caused water imbalances in the Third Pole region, leading to greater water demand in densely populated downstream countries, according to a new study. With the largest global store of frozen water after the Antarctic and Arctic, the Third Pole region, located in the Qinghai-Tibet Plateau, is home to headwaters of over ten major Asian rivers. It has been known as the “Asian Water Tower” for providing […]
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