economy
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China’s bold move reshapes Latin America’s energy dynamics
China & Three BRICS Allies Back Venezuela Against US Energy Sanctions Banditry As the Trump regime escalates US sanctions aimed at isolating Venezuela, China has stepped in to help the Latin American nation with infrastructure, investment, and skilled workers. China has also consistently condemned the US sanctions and Trump’s latest aggressive military buildup in the Caribbean Continue reading
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China’s Maritime Silk Road: backbone for the BRICS bloc
China’s Maritime Silk Road (MSR), as a key part of the Belt and Road Initiative (BRI), forms the backbone for the BRICS trading bloc. It is a comprehensive system of world-class, deep-water ports across Global South countries. With most of these ports now fully operational the Maritime Silk Road is re-routing the world’s resource flows. China now does more trade Continue reading
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China’s dominance in global chip research
Semiconductors are a critical part of almost every modern electronic device. In electronics, a chip refers to a small piece of semiconductor that contains electronic circuits that store and process information. Today they can contain billions of microscopic switches on a chip smaller than a fingernail. The Center for Security and Emerging Technology (ETO) at Georgetown University, Washington, D.C., publishes the Research Continue reading
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How China helped Southeast Asia become a top exporter of solar equipment
China-backed renewable energy projects in Southeast Asia have attracted capital, created jobs and supported the upgrading of local industries. How will China and its ASEAN neighbours respond to US restrictions aimed at stifling the region’s renewable energy expansion? In little over a decade, Southeast Asia has become one of the world’s top exporters of solar Continue reading
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China decoupling from the US?
The U.S. is stunned and confused by China’s powerful and sophisticated response to the Trump regime’s clumsy tariff war. As the U.S. hikes tariffs to 245% and demands talks, Beijing reduces the yuan to its lowest level since 2023, launches a full boycott of Boeing, and redirects its trade to Europe and Southeast Asia with Continue reading
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Sihanoukville BRI Project a model of Cambodia-China cooperation
The Sihanoukville Special Economic Zone (SSEZ) is one of the largest operational such Zones in Cambodia, and is a priority cooperation project between Cambodia and China. As a flagship Belt and Road Initiative (BRI) project it is seen as a model for pragmatic cooperation between the two nations. And China’s investments in Cambodia have catalyzed a remarkable Continue reading
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US tariff tantrum threatens global trade: China
China Daily Editorial – April 3, 2025 The US’ imposing of so-called reciprocal tariffs on its trading partners is like an undersea earthquake that will create a tsunami of turbulence and trouble for the global economy. The US administration has justified the move, citing a perceived loss of ground in international trade and the need for Continue reading
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China, Brazil and Peru: Transcontinental BRI corridor connecting Atlantic & Pacific coasts
Brazil, the largest economy in Latin America and a key member of BRICS, is channeling infrastructure investment to better connect its resource-rich interior with global markets – a move with both economic and geopolitical implications including strengthening Sino-Brazilian cooperation and the closer integration of South America’s economies. A top priority for Brazil is expanding and improving Continue reading
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China leads green BRICS to challenge US trade war
In an address at the BRICS Leaders’ Meeting in Kazan in late October 2024, China’s International Trade Representative and Vice Minister of Commerce, Wang Shouwen, announced the launch of the China Center for Cooperation on Development of Special Economic Zones within BRICS (CCDSEZ). This Center is not just a symbol of collaboration it’s a strategic tool for diversifying Continue reading
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China’s global BRI push is being driven by green tech
More than three years after Chinese leader Xi Jinping pledged to stop building new coal projects abroad, the country’s Belt and Road Initiative is increasingly driven by renewables. Last year, renewable technologies eclipsed fossil fuels — once the core of Beijing’s overseas developments — in all the power projects completed under the BRI, according to analysts at Continue reading
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BRICS’ Response to Western Economic Sanctions and Protectionism
Leading a New Economic Order As Western-led economic sanctions and protectionist policies continue to disrupt international trade, BRICS countries are formulating innovative strategies to mitigate these challenges. Their collective response is reshaping the global economic order, reinforcing self-reliance, and fostering new trade alliances that circumvent traditional Western-controlled markets. This article explores how BRICS nations are Continue reading
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Chinese economist calls for bold action on climate leadership
Former official of the People’s Bank of China says China can take up position abdicated by US. China is well-positioned to take a stronger global leadership role on climate change as the United States reneges on previous commitments, a former central bank economist said – but he warned its approach must be built on the Continue reading
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BRICS Confirms Development of New Payment Systems in 2025
Brazil will aim to facilitate development of secure payment systems within the framework of its BRICS presidency in 2025, Brazil’s President Luiz Inacio Lula da Silva said at the meeting of BRICS Sherpas held in the Brazilian capital, Brasilia. The meeting on February 24-25, brought together representatives from all 11 BRICS member countries. Brazil, as BRICS Continue reading
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Brazil invites Mexico to BRICS summit in July
Brazilian President Luiz Inácio Lula da Silva has extended an invitation to Mexico, Colombia, and Uruguay to participate in the upcoming BRICS summit, set to take place in July in Rio de Janeiro. Brazil holds the rotating chair in 2025 for the BRICS group of emerging economies. During a visit to Uruguay Lula emphasized the Continue reading
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Clean energy bolsters China’s GDP growth in 2024
China invested $940 billion in clean energy in 2024, approaching the global investment of $1.12 trillion in fossil fuels. (International Energy Agency) China dominates the global clean-energy technology arena and is by far the world’s largest investor in renewable energy, as well as the top EV and battery maker. The nation produces about 80 per Continue reading
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South Africa and China: How BRICS partners are transforming economic growth
When South Africa faced a power crisis in 2023, China responded swiftly with the provision of emergency power generation equipment for crucial public institutions like hospitals and schools. Chinese power experts also worked closely with the South African Ministry of Electricity and Eskom to optimize infrastructure and improve power management. This holistic approach—combining both immediate Continue reading
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China as Catalyst for Energy Transition in the Global South
China is the world’s leading country in electricity production from renewable energy sources, with over triple the generation of the second-ranking country, the United States. China’s clean technology industries — particularly the “new three” sectors; photovoltaic, lithium-ion batteries and new energy vehicles — have emerged as key engines of growth in China. While global renewable energy investment reached US$771 billion in Continue reading
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China says US sabotaged Belt and Road cooperation with Panama
Photo: Troops in the former US Howard Base in Panama. The threats from Trump were real – in December 1989 the US military invaded Panama to overthrow the country’s president. The Chinese government on Friday condemned the U.S. sabotage of Belt and Road cooperation with Panama through the means of force. China expressed regret over Continue reading
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Indonesia joins BRICS as full-member
On January 6, 2025 the official entry of Indonesia as a full member of BRICS was announced, marking the first expansion of the group under the Brazilian presidency. Indonesia is a leading member of ASEAN (the Association of South East Asian Nations), and the world’s 4th most populous country and 7th largest economy. Indonesia’s membership was Continue reading
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Nigeria, Africa’s most populous nation, officially becomes BRICS Partner
The attached video looks at Nigeria’s monumental decision to join the BRICS economic bloc as a partner country. Announced on January 17, 2025, this partnership places Nigeria alongside powerful nations like Brazil, Russia, India, China, South Africa and Indonesia. The video considers what this means for Nigeria’s economy, its global influence, and its position in Continue reading
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US trade war on China expanded to blacklisting COSCO Shipping
Concern over impact on global maritime trade The Pentagon’s blacklisting of COSCO Shipping raises serious concerns about its impact on global maritime logistics and trade stability. The U.S. Department of Defense recently expanded its list of so-called “Chinese military companies,” alleging connections between these firms and China’s military. Among the most controversial additions is COSCO Continue reading
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Shanghai company: A game-changer in green chemical tanker transport
Shanghai Xingtong Lianfa Shipping has launched as a joint venture, advancing green shipping solutions and revolutionizing the global chemical transportation market through innovation, collaboration, and a focus on sustainability In a groundbreaking move for the maritime industry, Shanghai Xingtong Lianfa Shipping Co., Ltd. officially launched on January 6, 2025. The company is a joint venture between Continue reading
China Environment News 