Entries tagged "China"

  • Japan, Australia Court India after RCEP | Sept. 29, 2020, 9:32 a.m.

    Government officials expect to finalize the Regional Comprehensive Economic Partnership (RCEP), a free trade agreement between the Association of Southeast Asian Nations, China, Japan, South Korea, Australia, and New Zealand, as early as November 2020. However, Australia and Japan's lingering misgivings about China's alleged political interference and 5G market access have spurred attempts to court India, a former RCEP

  • Gwadar: China's Potential Strategic Strongpoint in Pakistan | Sept. 28, 2020, 11:21 a.m.

    This case study of Gwadar port, part of a series on China’s Indian Ocean “strategic strongpoints” (战略支点), reveals that while Gwadar may one day serve as a major platform for China’s economic, diplomatic, and military interactions across the region, as of August 2020 it remains largely underdeveloped and underutilized.

  • Justice Department Requests WeChat Ban | Sept. 25, 2020, 9:19 a.m.

    The U.S. Department of Justice has requested permission from a federal judge to ban the popular Chinese messaging app WeChat due to national security concerns, Nikkei reports.

  • Becoming a Chinese Client State | Sept. 24, 2020, 12:53 p.m.

    This report examines Chinese economic activities in Serbia to shed light on China’s political and economic objectives, its mechanisms for influence, and the implications of its activities, including a second wave of digital infrastructure projects.

  • Huawei Retains Suppliers Amid Crackdown | Sept. 24, 2020, 9:16 a.m.

    U.S. firms Intel and AMD have acquired licenses from the Department of Commerce to continue supplying Huawei amid Washington's crackdowns targeting the Chinese technology company, Nikkei reports.

  • U.S. Balances China in Bangladesh | Sept. 22, 2020, 9:05 a.m.

    The U.S. has accelerated efforts to sell U.S. military equipment to Bangladesh in a perceived attempt to balance against China's growing economic influence and infrastructure investment in the South Asian country, Nikkei reports.

  • China Announces "Unreliable Entities" List | Sept. 21, 2020, 8:08 a.m.

    China's Ministry of Commerce has issued rules on its proposed list of "unreliable entities" targeting U.S. and other foreign firms and individuals it deems a threat to China's sovereignty and security in response to U.S. bans on Huawei and other Chinese technology companies, Nikkei reports.

  • AIIB Crisis Funds Spike Amid Covid-19 | Sept. 18, 2020, 9:16 a.m.

    The China-led Asian Infrastructure Investment Bank (AIIB) has seen its net profits decline and crisis-related expenditures spike in light of emergency funding intended to help members meet financial needs under the pandemic, Nikkei reports.

  • U.S. Ban on Huawei in Effect | Sept. 16, 2020, 12:22 p.m.

    U.S. restrictions on sharing technology with Huawei have officially come into effect. As of Monday, September 14, Huawei suppliers that utilize U.S. technology have to obtain a license from the U.S. to continue selling to the China-based company, Nikkei reports.

  • Chinese SOE Wins Manila Metro | Sept. 11, 2020, 8:07 a.m.

    A state-owned Chinese construction company has been awarded a contract for the Manila metro in spite of U.S. efforts to sanction Chinese SOEs for construction in the South China Sea, Nikkei reports.

  • Huawei Ban Could Cost $26B | Sept. 10, 2020, 8:17 a.m.

    The U.S. ban on supplying Huawei could take a $26 billion yearly toll on tech manufacturers in Japan, Taiwan, and South Korea, Nikkei reports.

  • Pakistan: Taliban Threatens CPEC | Sept. 9, 2020, 8:26 a.m.

    Pakistan's leading Taliban group has announced the reunification of several breakaway factions which experts believe could pose risks to Chinese-funded projects along the China-Pakistan Economic Corridor, including the Karakoram Highway Phase II, the Suki Kinari Hydropower Station, and the Havelian Dry Port, Nikkei reports.

  • Belt, Road, and Beyond | Sept. 8, 2020, 9 a.m.

    In March 2021, CSIS will host a Master’s-level introduction to China’s Belt and Road Initiative (BRI). The course will explain what the BRI is, what it is not, and how it is impacting commercial and strategic realities on the ground.

  • Cambodia Announces Internet Firewall | Sept. 3, 2020, 8:17 a.m.

    Cambodia has announced plans to instate a China-style internet gateway which activists fear could allow the government to block critical content, Nikkei reports.

  • Pakistanis Protest Chinese Fishing | Sept. 1, 2020, 8:19 a.m.

    Fishermen at Pakistan's Gwadar Port, part of the China-Pakistan Economic Corridor, are protesting an incoming fleet of 20 Chinese deep-sea trawlers off Sindh and Baluchistan provinces which they fear could further deplete Pakistan's dwindling marine resources, Nikkei reports.

  • China Port Acquisition Stalled | Aug. 31, 2020, 9:04 a.m.

    Acquisition of a French shipping portfolio by China Merchants Port Holdings, a Chinese state-owned enterprise known for its controversial acquisition of Sri Lanka's Hambantota port, has been stalled by the Indian and Vietnamese governments in a bid to protect ports in Gujarat and Ho Chi Minh City.

  • U.S. Sanctions BRI Construction SOE | Aug. 28, 2020, 9:14 a.m.

    The U.S. has blacklisted one of the Belt and Road Initiative's largest construction companies, the Chinese state-owned enterprise China Communications Construction Co. (CCCC), and its subsidiaries for its role in building artificial islands in the contested waters of the South China Sea, Nikkei reports.

  • Taiwan Joins U.S. 5G "Clean Network" | Aug. 26, 2020, 8:18 a.m.

    Taiwan has issued a joint declaration with the U.S. announcing its participation in the "Clean Network" initiative to block Chinese technology companies like Huawei from supplying its 5G networks, Nikkei reports.

  • China Pushes CPEC via Afghanistan | Aug. 25, 2020, 8:18 a.m.

    Pakistan has reopened two closed border crossings and opened three new ones with Afghanistan at China's urging in a move that experts believe is intended to extend the China-Pakistan Economic Corridor (CPEC) into Afghanistan, Nikkei reports.

  • Huawei, ZTE Slow China 5G Rollouts | Aug. 21, 2020, 9:03 a.m.

    Major Chinese telecom companies including Huawei and ZTE have slowed their rollout of 5G base stations in China as U.S. regulations force Chinese telecom companies out of the U.S. supply chains.

  • The AIIB's Risky Pandemic Response | Aug. 20, 2020, 2:38 p.m.

    The Asia Infrastructure Investment Bank's (AIIB) response to Covid-19 may determine its emerging role in development finance, for good or ill. While it has responded quickly and substantially to the pressing needs of its members, these actions risk contributing to debt risks, institutional overreach, and perceived favoritism towards Beijing.

  • Pakistan: China Re-ups $2B Coal Plant | Aug. 20, 2020, 11:01 a.m.

    Beijing has relaunched a $2 billion coal mine and power project in southeastern Pakistan amid rising tensions with Austalia, China's largest source of imported coal.

  • Greece Courts Chinese Investment | Aug. 18, 2020, 9:20 a.m.

    Amid economic contraction, Greece’s government has increasingly turned to China for investment in power transmission, an underwater link, and the seaport of Piraeus, Nikkei reports.

  • China Expands High-Speed Rail | Aug. 14, 2020, 8:17 a.m.

    China State Railway Group announced on Thursday its plans to double the length of the nation's high-speed rail network to 70,000 km by 2035 at a cost of 4.55 trillion yuan ($42.6 billion), Nikkei reports.

  • Turkish Sovereign Wealth Fund Courts BRI | Aug. 13, 2020, 9:09 a.m.

    Turkey's Sovereign Wealth Fund is looking to China for investment in a number of major infrastructure projects and to tie Turkey into China's Belt and Road Initiative much more deeply, Nikkei reports.

  • Chinese Investment Threatens Bangladesh-India Relations | Aug. 12, 2020, 9:05 a.m.

    Bangladesh has described their relationship with China and the Belt & Road Initiative as solely "economic diplomacy," but China's expanding trade and investment in the country also threatens to undermine Indian influence, Nikkei reports.

  • Pakistan-Saudi Arabia Relations Struggle Over Kashmir | Aug. 10, 2020, 8:05 a.m.

    Pakistan, with the help of a Chinese loan, repaid a $1 billion Saudi loan last week and asked for their support on the Kashmir issue, although Saudi Arabia is reluctant to become entangled in the efforts of Pakistan and China to contain India, Nikkei reports.

  • Philippines: China Telco Delayed | Aug. 7, 2020, 9:10 a.m.

    Dito, the China Telecom-supported and Huawei-supplied company poised to break up the Philippines telecom duopoly, has had their operation date delayed to January 2021 by the Covid-19 pandemic, as only a quarter of its planned towers have been built, Nikkei reports.

  • Pakistan Approves $6.8B CPEC Rail | Aug. 6, 2020, 9:15 a.m.

    Pakistan's top economic body on Wednesday authorized a $6.8 billion railway upgrade, its costliest project to date as part of the China-Pakistan Economic Corridor (CPEC), Nikkei reports.

  • Pakistani Separatists Oppose CPEC | Aug. 3, 2020, 9:11 a.m.

    Following an attack on Pakistan's stock exchange in June, Baloch and Sindhi separatist groups have announced an alliance ostensibly aimed at attacking projects along the China-Pakistan Economic Corridor (CPEC), a move that is likely to increase security costs for the flagship route of China's Belt and Road Initiative (BRI), Nikkei reports.

  • Phillipines to Launch Huawei 5G | July 29, 2020, 9:07 a.m.

    PLDT, the Philippines' largest telecom company, will launch its 5G mobile service on Thursday using equipment partly supplied by China's Huawei Technologies, Nikkei reports.

  • Xi Plugs AIIB as Cooperation Model | July 28, 2020, 9:13 a.m.

    Chinese president Xi Jinping proposed on Tuesday to restructure the Beijing-led Asian Infrastructure Investment Bank (AIIB) into an inclusive platform for the promotion of international cooperation and multilateralism amid the coronavirus pandemic, Nikkei reports.

  • Huawei Urges Carriers to Stick With 5G Plans | July 27, 2020, 9:09 a.m.

    China's Huawei Technologies on Monday urged global carriers to continue buying its networking gear to "stay ahead in the 5G race," in response to political pressure from the U.S., UK, France, and Singapore to drop the carrier due to national security concerns, Nikkei reports.

  • AIIB Loans $100M to Vietnam Bank | July 24, 2020, 9:04 a.m.

    The Beijing-led Asian Infrastructure Investment Bank (AIIB) has approved a $100 million loan to a Hanoi-based commercial bank, its first commitment to a Vietnamese bank, Nikkei reports.

  • China Backtracks on G20 Debt Plan | July 23, 2020, 12:14 p.m.

    World Bank President David Malpass has issued a statement directed at China urging all bilateral creditors to uphold an agreement of the G20 finance ministers to temporarily suspend debt repayments due to the Covid-19 pandemic following allegations that China has secretly reinstated payments for Laos and Angola, Nikkei reports.

  • China, Iran Sign $400B Deal | July 21, 2020, 9:07 a.m.

    A proposed $400B economic and strategic agreement between Iran and China, including a major port development project on the Strait of Hormuz, will invest $280B in Iran's oil and gas industry and $120B in production and transportation infrastructure, Nikkei reports.

  • Hanoi: $900M China-Funded Metro Delayed | July 20, 2020, 9:14 a.m.

    Construction of Vietnam's $900 million China-built railway line in Hanoi, Vietnam's first metro line, has been substantially delayed by disagreements between the Vietnamese government and the Chinese company on the project, Nikkei reports.

  • Belarus BRI Support Declines | July 17, 2020, 9:52 a.m.

    Public support for China's Belt and Road Initiative (BRI) is declining in Belarus amid protests against President Alexander Lukashenko, who has been a proponent of the Chinese initiative, Nikkei reports.

  • China and Russia: Economic Unequals | July 15, 2020, 12:02 p.m.

    Xi Jinping and Vladimir Putin are attempting to put economics at the center of their strategic partnership, but a closer look at four dimensions of China-Russia connectivity reveals a partnership of unequals that will become even more lopsided in the future.

  • UK to Drop Huawei 5G by 2027 | July 14, 2020, 8:14 a.m.

    The UK government announced it will ban the purchase of new 5G equipment from the Chinese technology company Huawei as of Dec. 31 this year and remove all Huawei devices from the country's 5G networks by 2027, Nikkei reports.

  • China Invests in Colombo Port | July 10, 2020, 8:06 a.m.

    Sri Lankan President Rajapaksa announced that his government plans to strengthen Chinese investment in the Colombo port, straining relations with India, who was originally authorized to develop and use the new East Container Terminal, Nikkei reports.

  • Hidden Harbors: China’s State-backed Shipping Industry | July 8, 2020, 3:05 p.m.

    China's state-owned and private companies are increasingly dominant across the global maritime supply chain, aided by an opaque system of formal and informal government support that is unrivaled in both its scale and scope.

  • China Funds Pakistan Hydropower Deal | July 6, 2020, 8:05 a.m.

    China, Pakistan and the Kohala Hydropower Company, a subsidiary of China Three Gorges Corporation, have signed a $2.4 billion deal for the construction of a 1,124-megawatt hydropower plant in disputed Kashmir, Nikkei reports.

  • India Blocks Chinese Highway Deals | July 2, 2020, 9:10 a.m.

    India's highways minister said on Wednesday the country "will not give permission to joint ventures that have Chinese partners for road construction" following the military clash in the Himalayas, Nikkei reports.

  • FCC: Huawei, ZTE National Security Threats | July 1, 2020, 9:10 a.m.

    The Federal Communications Commission (FCC) on Tuesday formally designated China's Huawei and ZTE as threats to U.S. national security, a declaration that bars U.S. firms from tapping an $8.3 billion government fund to purchase equipment from the companies, Nikkei reports.

  • India Bans 59 China Tech Apps | June 30, 2020, 9:08 a.m.

    India has banned 59 Chinese mobile apps citing national security concerns following reports that the apps were illegally transmitting user data to servers outside of India, Nikkei reports.

  • Pompeo: Tide Is Turning on Huawei 5G | June 26, 2020, 9:12 a.m.

    After meeting with Chinese diplomats in Hawaii, U.S. Secretary of State Mike Pompeo stated that "the tide is turning" against Huawei Technologies as some countries, mainly in Europe, are choosing to exclude the Chinese company from their 5G infrastructure, Nikkei reports.

  • China Completes Satellite Project | June 24, 2020, 9:05 a.m.

    China has completed its Beidou satellite system, its answer to the U.S.-based Global Positioning System (GPS), advancing Beijing's effort to cut its reliance on U.S. technology, Nikkei reports. China has exported Beidou products to 120 countries as part of it's Belt and Road Initiative.

  • India, China Disengage in Himalayas | June 23, 2020, 9:06 a.m.

    India and China on Tuesday agreed to withdraw from a tense standoff along disputed Himalayan territory that started in response to India's construction activity near the border, Nikkei reports.

  • Coronavirus stalls Belt and Road Projects | June 17, 2020, 7:01 a.m.

    A new report released by analytics company Refinitiv on Tuesday showed a 15.6% drop in the number of new BRI projects announced in the first quarter of this year, compared with the same period in 2019. The value of the projects slid from $386.08 billion to $137.43 billion over the same period, Nikkei reports.