European Union countries were this time last year among those who were attacking China for using coal for energy despite the fact that China leads the world in the use of renewable energy. Now these same critics are backsliding on their much vaunted shift from coal. The Netherlands has joined Germany and Austria in reverting to coal power amid the energy crisis – a “crisis” created by the US and […]
Source: Global Times, Jun 16, 2022. Washington is using NATO to prepare for an all-out conflict with its strategic competitors, which could spark World War III, said analysts, as the US is pushing decoupling or reducing reliance on China in fields like critical mineral rseources. Since NATO will adopt a new Strategic Concept for the coming decade at its summit in Madrid later this month, the US is getting increasingly […]
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 […]
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 […]
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 […]
In the Russia Federation’s Republic of Tatarstan, there are plans to localise the production of wind turbines from China. The project participants include members of the Russian Association of Wind Power Industry. Companies from Russia and China interested in cooperation have set up a consortium called Architects of the Urals’ Wind, which together with Tatneft, a major oil and gas company based in Tatarstan. (Tatneft is the fifth largest oil […]
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 […]
The five BRICS countries – Brazil, Russia, India, China, and South Africa – agreed to deepen strategic cooperation with the evolution of the international landscape. China says BRICS should act as the stabilizer for the current situation and a booster for development. The BRICS sherpas (see note below) have agreed to further strengthen solidarity and cooperation to address multiple challenges the globe is currently facing, including the Covid-19 pandemic and […]
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