China

Xi Jinping’s vision for global governance

The contrast between the disarray in the West, on open display at the North Atlantic Treaty Organization (NATO) summit and at last month’s Group of Seven (G7) meeting in Canada, and China’s mounting international self-confidence is growing clearer by the day. Last month, the Communist Party of China (CPC) concluded its Central Conference on Work Relating to Foreign Affairs, the second since Xi Jinping became China’s undisputed ruler in 2012. These meetings are not everyday affairs.

12 July 2018
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Thai junta eyes Chinese investment

Thailand is seeking Chinese investment to help galvanize a five-year, 1.7 trillion-baht (US$51 billion) development plan for its eastern seaboard to bolster the economy.While political tension has shadowed Chinese investment in nations from Australia to Sri Lanka, the Thai military government views its so-called Eastern Economic Corridor (EEC) project as well placed to link with China’s Belt and Road Initiative (BRI).

12 July 2018
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China’s solid waste ban clogs Southeast Asia

China has been the world's largest importer of recyclable materials since the 1980s. In 2017, China's Ministry of Ecology and Environment announced an import ban of 24 types of solid waste (later updated to 32 types) including unsorted wastepaper, textiles and plastics. The secondary raw material harvested from the imported waste is expected to be replaced by domestic resources.

11 July 2018
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China's Silk Road isn't turning out to be smooth

You may not have noticed, what with the outbreak of trade war with the United States (US) and all, but China’s economic diplomacy has had a bad few weeks. The country’s flagship Belt and Road Initiative (BRI) is dealing with ever-greater resistance, slowing a momentum that once seemed unstoppable.

11 July 2018
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Can Southeast Asia weather a trade war?

In the face of growing economic protectionism, undergirded by a trade tiff between the United States (US) and China, Southeast Asian economies are bracing for the impact from a possible economic fallout.

5 July 2018
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Cambodia-China mark 60 years of diplomatic ties

Cambodia and China recently marked 60 years of the establishment of diplomatic relations with a grand gala dinner. Presiding over the event were Cambodian Prime Minister, Hun Sen and Chinese ambassador to Cambodia, Xiong Bo. Both countries established formal diplomatic ties in July 1958 and have since elevated ties to a Comprehensive Strategic Partnership of Cooperation in 2010.

4 July 2018
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E-waste chokes Southeast Asia

A police raid on the Wai Mei Dat Thai Recycling factory, 100km east of Bangkok last month revealed a shocking find. The 40-acre complex was laden with huge piles of electronic waste – keyboards, motherboards, electrical wires, computer screens and smartphone batteries, just to name a few. The high-level operation found that undocumented immigrant workers from Lao PDR and Myanmar were used to recycle or discard the e-waste at the site.

29 June 2018
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Trump's trade war pushes China closer to India

President Donald Trump’s moves to protect United States (US) trade interests are creating unusual bedfellows in Asia.India and China, longstanding economic and strategic rivals, are seeing a thaw in relations less than a year after the most serious border flare-up since a war in 1962 threatened ties between the two Asian giants.Since May, China has made it easier for India to export non-Basmati rice, removed import duties on anti-cancer drugs and agreed to share data that predicts river flows

29 June 2018
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China's role as market anchor at risk

The slump in China’s yuan is stoking fear that policy makers are less willing to temper the currency’s decline as the economy slows and a trade battle with the United States (US) worsens.That’s a sharp turnaround from just a few weeks ago, when the yuan was in effect serving as an anchor for emerging economies facing rising global interest rates and a strengthening US dollar.

27 June 2018
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China questions its readiness for a trade war

Xi Jinping vowed to match Donald Trump blow for blow in any trade war. Now as one gets closer, some in Beijing are starting to openly wonder whether China is ready for the fight - an unusually direct challenge to the leadership of the world’s second-largest economy.In recent weeks, prominent academics have begun to question if China’s slowing, trade-dependent economy can withstand a sustained attack from Trump, which has already started to weigh on stock prices.

26 June 2018
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Thailand seeks funding for high-speed rail project

Thailand will seek bids in the fourth-quarter for a 180 billion baht (US$5.5 billion) high-speed rail project that’s part of a wider plan for a train network to China.The bidder will build the first half of the network in Thailand, Minister of Transport Arkhom Termpittayapaisith said in an interview Thursday.

25 June 2018
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