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Ties have been at their lowest point in decades amid disputes over trade, technology, Taiwan and Chinese aggression in the South China Sea. “We respect the choice of the American people,” the Chinese Foreign Ministry said in a statement earlier. A second Trump presidency “could mark a new beginning in China-U.S. relations if the chance that has been offered is not wasted,” state-run newspaper China Daily said in an editorial on Wednesday. But Chinese officials laser-focused on stabilizing their faltering economy are also mindful of the tariffs of 60% or more that Trump has vowed to impose on all Chinese imports. One person it may turn to for help is tech billionaire Elon Musk, a devoted Trump supporter with extensive business interests in China who is wildly popular there.
Persons: , Xi Jinping, Donald Trump, Biden, Xi, Trump, China “, , Susan Walsh, Rick Waters, Kamala Harris, Waters, Trump’s, ” Waters, Harris, Mao Ning, Elon Musk, Ian Bremmer Organizations: Trump, ” Xinhua, Foreign Ministry, Eurasia Group, Democratic, ., China Daily, CNBC Locations: HONG KONG, Taiwan, South China, Beijing, China, Asia, Pacific, South Korea, Japan, Australia, U.S, China’s, New York, Houston, Chengdu
Trump's first 100 days are likely to be a rollercoaster, especially given his affinity for headline-grabbing moves. These structured channels helped ensure open dialogue on issues like tariffs, technology restrictions, and financial stability. A potential role for Elon Musk as a geopolitical go-between China might look to alternative channels to manage relations with Trump's administration. National security and AI, autonomous vehicles National security considerations will also be front and center in Trump's early China policy, especially regarding technology restrictions. Expect tariffs, technology restrictions, and Trump's unique brand of diplomacy to push the relationship to its limits.
Persons: Donald Trump, Xi Jinping, Kevin Lemarque, Donald Trump's, Trump, Mao Ning, Trump's, Biden, Elon Musk, Tesla, he's, Robin Ren, Ying Yong, Wu Qing, hasn't, Steve Wynn, Musk, Organizations: Reuters, White, U.S ., Foreign, Treasury, Commerce, Tesla Inc, Bloomberg, Getty, European Union, Trump Locations: Osaka, Japan, U.S, China, Beijing, Shanghai, Washington, Taiwan, European, South Korea, Trump's
A DJI Inspire 1 Pro drone is flown during a demonstration at the SZ DJI Technology Co. headquarters in Shenzhen, China, on Wednesday, April 20, 2016. China has unveiled a set of export control regulations for so-called dual-use items, which refer to goods or technologies that can be used for civilian as well as military purposes, ahead of President Xi Jinping's trip to Russia. The regulations come amid intensified U.S. sanctions targeting Chinese companies which the U.S. deems have been supplying dual-use goods, such as drones, to aid Russia's war effort in Ukraine. China has attempted to show that "it is following similar norms as other nations in terms of how it regulates trade in dual-use goods," he added. Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis, however, suggested that Russia will likely be exempted from the possible export controls.
Persons: Xi, Mao Ning, Benjamin Cavender, Alicia Garcia, Herrero, Alex Capri Organizations: SZ, Technology, State, China Market Research Group, National University of Singapore Locations: Shenzhen, China, Russia, Ukraine, Russian, Kazan, Washington, Asia, Natixis
Eisenhauer-Epp is co-founder of Navigating Adoption, an online platform for adoptees, and also works with Sisters of China, an adoptee-led organization for female-identifying Chinese adoptees affected by China’s one-child policy. “It just brings so much unknown with Chinese adoptees. Similarly, news about South Korea’s adoption system has shaken many Korean adoptees. Korean adoption agencies charged anywhere between $4,000 and $6,000 per child, according to an Associated Press investigation. For them, the narrative that adoptees should be grateful is “more of a culturally pervasive expectation than an option” for adoptees.
Persons: Cosette Eisenhauer, , Eisenhauer, Roe, Wade, , ” “, amanda paul, paul, JaeRan Kim, adoptees shouldn't, Kim Adoptees, adoptees, ” Eisenhauer, Mao Ning, ” paul, Paul Organizations: Epp, University of Texas, Society, Children, Foreign, Associated Press, AP, Locations: Atlanta, Arlington, China, Korean, adoptee, Zhanjiang, China’s Guangdong, Korea, Chicago
CNN —For the past decade, China has consistently ranked last in the world for internet freedom due to its all-pervading online surveillance and content control system dubbed the “Great Firewall.”But a new report out Wednesday shows that internet freedoms in China’s neighbor Myanmar are now just as lacking. The report from Freedom House, a US government-funded NGO, found that global internet freedom has declined for the 14th consecutive year. In a record 43 countries, people were physically attacked or killed in retaliation for their online activities, the report found. The Central Asian nation Kyrgyzstan showed the biggest drop in internet freedoms, according to the report, as President Sadyr Japarov ramped up efforts to silence digital media and suppress online organizing. The report also covers online disinformation campaigns and political interference in the run-up to elections, including harassment of independent researchers and fact checkers.
Persons: , Mao Ning, Sadyr Japarov, Kloop, Organizations: CNN, Freedom, Trust, United Nations, UN, China’s Ministry of Foreign Affairs, , Central, US Locations: China, China’s, Myanmar, Central Asian, Kyrgyzstan, Iceland, United States,
HONG KONG — China conducted large-scale military drills around Taiwan on Monday in what it said was a warning to “independence forces” on the Beijing-claimed island. The exercises had been expected after Beijing criticized a speech last week by Taiwan President Lai Ching-te. China, which has not ruled out the use of force in achieving its unification goal, views Lai as a separatist and a “troublemaker.” The Chinese military also held two days of “punishment” drills around Taiwan after his inauguration in May. “The existence of the Republic of China is an undeniable fact,” it said in a statement, using the formal name for Taiwan. Lai said in his speech that Taiwan and China were “not subordinate to each other.”“On this land, democracy and freedom are growing and thriving.
Persons: , Lai Ching, Lai, Li Xi, Mao Ning Organizations: Taiwan, Chinese Defense Ministry, ‘ Taiwan, Theater Command, Taiwan’s Ministry of National Defense, Mainland Affairs Council, Chinese Communist Party, Foreign Ministry Locations: HONG KONG — China, Taiwan, Beijing, China, ‘ Taiwan Independence, Republic of China, Taiwan Strait, ” China, People’s Republic of China
It comes after China greenlit international adoption in 1992, leading to roughly 160,000 Chinese children being adopted to other countries, with half going to the U.S. The slowed international adoption coincides with a 2016 reversal of China’s one-child policy, which limited each Chinese family to one child in order to control population growth. With the door closed on international adoption, Newton emphasized that in order for those currently in Chinese social welfare institutes to thrive in their birth country, they also need more support. “The situation truly is a little bit more complicated for these kids with intense disabilities, especially with the rising costs of living in China,” Newton said. Newton said adoptees are often seen as “perpetual children” whose points of view don’t need to be considered.
Persons: Maze Felix, ” Felix, they’re, Grace Newton, ” Newton, Newton, , ’ ”, Mao Ning, , it’s, Monaco, adoptees, ” Monaco, didn’t, Katelyn Monaco, Felix, there’s, There’s Organizations: China, NBC News, Foreign, U.S, Research, Katelyn, Monaco, Locations: China, Cleveland, Beijing, Katelyn Monaco, Quincy , Massachusetts, Monaco, Los Angeles, Yangzhou,
BEIJING — China and Japan reached a consensus in August on the discharge of radioactive water from the Fukushima nuclear plant, the Chinese foreign ministry said Friday, bringing to an end a diplomatic dispute that had rumbled on for over two years. Beijing called the release “a major nuclear safety issue with cross-border implications,” when Tokyo started discharging treated radioactive water from the site in August 2023. It also announced a blanket ban on all aquatic products from Japan. But Mao Ning, a Chinese foreign ministry spokesperson, later said that both countries reaching consensus “does not mean that China will immediately resume imports of Japanese aquatic products,” at a regular news conference in Beijing. “We will carry out technical consultations with the Japanese side and gradually resume the import of Japanese aquatic products,” she added.
Persons: , Mao Ning, Organizations: International Atomic Energy Agency Locations: BEIJING, China, Japan, Beijing, Tokyo
Tensions are high in the South China Sea, as China continues its aggressive tactics against Philippine vessels. JAM STA ROSA/AFP via Getty ImagesClashes between China and the Philippines in the South China Sea have been escalating for months as China unjustly claims sovereignty over a majority of the South China Sea, defying international law while increasing efforts to assert its authority in the area. While traveling to Manila, the Baden-Württemberg and Frankfurt am Main transited the Taiwan Strait, sparking backlash from China. The German warships transited the Taiwan Strait last week for the first time in 20 years. "International waters are international waters," he said .
Persons: , Per Andreas Pfaffernoschke, Pfaffernoschke, Mao Ning, German Defense Ministry Boris Pistorius, Mao Organizations: Service, Business, Baden, Philippine, ROSA, Getty, Ministry of Foreign, German Defense Ministry, Command Locations: Philippines, Taiwan Strait, Germany, China, South China, Berlin, Frankfurt, Manila, AFP, Beijing, Baden, Württemberg, Taiwan, Main
China halts foreign adoptions of its children
  + stars: | 2024-09-05 | by ( The Associated Press | ) www.nbcnews.com   time to read: +1 min
BEIJING — The Chinese government is no longer allowing foreign adoptions of the country’s children, a spokesperson said Thursday. The only exception will be for blood relatives adopting a child or a stepchild, Foreign Ministry Spokesperson Mao Ning said. Many foreigners have adopted children from China over the decades, visiting the country to pick them up and then bringing them to a new home overseas. China suspended international adoptions during the COVID-19 pandemic. The government later resumed adoptions for children who had received travel authorization before the suspension in 2020, the U.S. State Department said in its latest annual report on adoptions.
Persons: Mao Ning, Greg Baker, Denmark’s Organizations: Foreign, U.S . State Department, State Department, NBC Asian Locations: BEIJING, China, U.S, NBC Asian America
The dilapidated BRP Sierra Madre ship of the Philippine Navy is anchored near Second Thomas Shoal in the Spratly group of islands in the South China Sea. Beijing claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea, and most of the islands and sandbars within it, including many features that are hundreds of miles from mainland China. Under President Ferdinand “Bongbong” Marcos Jr, the Philippines has taken increasingly assertive steps to protect its claim to shoals in the South China Sea, leading to several confrontations off the Philippine islands. The US is not a claimant to the South China Sea, but says the waters are crucial to its national interest of guaranteeing free passage through seas worldwide. A close up view taken on March 29, 2014 of the BRP Sierra Madre beached near the Second Thomas Shoal, part of the Spratly Islands in the South China Sea.
Persons: Hong Kong CNN —, Shoal, Ren’ai Jiao, , Mao Ning, pushback, Ritchie, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Jake Sullivan, ” Sullivan, Thomas Shoal, Erik de Castro, Gregory Poling, , ” Derek Grossman Organizations: Hong Kong CNN, BRP Sierra Madre, Foreign Ministry, The Philippine Department of Foreign Affairs, BRP, Philippine Navy, coastguard, US Navy, Aspen Security, US National, Reuters, Transparency Initiative, RAND Corporation Locations: Hong Kong, South, Manila, Beijing, Philippine, Spratly, Philippines, China, Palawan, Madre, South China, Second, The Philippines, Malaysia, Vietnam, Brunei, Taiwan, The Hague, Scarborough, BRP Sierra Madre, Washington, United States, Sierra Madre, BRP Sierra, Asia
But China has been rocked by a number of high-profile stabbing cases in recent decades, including multiple such attacks at schools. These worries were clear on Chinese social media after the latest attacks, with several commentators connecting China’s dire economic circumstances to the violence, even as the attackers’ motives remained unclear. Rare violent crimeTwo of the most high-profile recent attacks came in June – and both targeted foreign nationals. Video Ad Feedback Four Americans are stabbed in a shock attack in China 04:20 - Source: CNNUltra-nationalism has risen across China and Chinese social media in recent years, as has anti-American and anti-Japanese sentiment. On social media, the belief that economic insecurity is making the country less safe remains palpable.
Persons: , haven’t, China –, Michelle Miao, , Mao Ning, Adam Zabner, David Zabner, Adam, Stabbings, Miao, CUHK Organizations: Hong Kong CNN, Chinese University of Hong, Stanford University’s Center, Behavioral Sciences, CNN, Ministry of Public Security, World Bank, United Nations Office, Drugs, Americas, Xinhua, Youth Locations: Hong Kong, China, Guangxi, Weibo, , Chinese University of Hong Kong, , Iowa, Beishan Park, Jilin, Asia
Tokyo/Hong Kong CNN —A Japanese woman and her child were among three people stabbed by a man on Monday in front of a school bus at a bus stop in eastern China, according to Japanese authorities. In Suzhou, the attack took place Monday afternoon as the mother waited to pick up her child at a bus stop near a Japanese school, according to the Japanese official. The school bus is from the Suzhou Japanese School, located less than a mile from the bus stop in an area where many Japanese nationals live, NHK said. Opened in 2005, the Suzhou Japanese School offers six-year elementary school and three-year junior high school curriculums, according to its website. Its rules state that students must be picked up by a parent or guardian from the school bus.
Persons: Hong Kong CNN —, , , Zhou, Mao Ning, rampages, , Xi Jinping Organizations: Hong Kong CNN, Japanese Nationals Overseas Safety Division, Japan’s Foreign Ministry, CNN, Embassy, NHK, Suzhou Japanese, Japan’s Embassy, Foreign, Suzhou Japanese School Locations: Tokyo, Hong Kong, China, Suzhou, Jiangsu province, Shanghai, Jilin ., Jilin, Beijing, Japan
Read previewIndian Prime Minister Narendra Modi this week secured a historic third term in office — and it's likely to intensify India's economic rivalry with China. Both India and China will be focused on manufacturingTo reach its goal, Modi's India will likely be going big on manufacturing. Companies are diversifying their operations outside China to avoid over-relying on one country, and India is aiming to be the new China. AdvertisementIndia's foreign policy toward China is unlikely to change following Modi's re-election, Ivan Lidarev, an Asian security scholar at King's College London, told Channel NewsAsia. "I think India has strived to position itself as a leader of the global south, and of course, China wants this position," added Lidarev.
Persons: , Narendra Modi, David Lubin, Modi, Xi Jinping, Bharat, Lubin, Raghuram Rajan, NPR's, Rajan, It's, William Lai's, Mao Ning, Ivan Lidarev Organizations: Service, London, Business, South, Central Bank of India, EV, King's College London, West Locations: , China, Asia, India, Vietnam, Bangladesh, Malaysia, Delhi, Taiwan, Beijing
Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. China analysts say Zelenskyy's outburst was a risky move that could antagonize and alienate Beijing — and push it closer to Russia. Russian President Vladimir Putin and Chinese President Xi Jinping bid farewell at the end of talks in Beijing, China May 16, 2024. China confirmed last week that it would not send a delegation to the Ukraine peace summit set to be held at the Bürgenstock resort above Lake Lucerne, saying the event does not meet its expectations that both Russia and Ukraine take part. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023.
Persons: Volodymyr Zelenskyy's, Zelenskyy, Volodymyr Zelenskyy, Edgar Su, Astrid Nordin, Putin, Xi Jinping, Vladimir Putin, Mikhail Metzel, it's, Mao Ning, Bonnie Glaser, Glaser, Xi, Joe Biden, Kamala Harris, Jake Sullivan, Volodymyr Zelenskiy, Leah Millis Organizations: Beijing, Reuters, Ministry, Chinese International Relations, King's College London, CNBC, Putin, Russian, Via Reuters, Presidential Press Service, Foreign, Asia, German Marshall Fund of, National Security, White Locations: China, Russia, Kyiv, Singapore, Ukraine, Moscow, Switzerland, Reuters China, Beijing, Via, Via Reuters China, Lake Lucerne, United States, Saudi Arabia, California, Hollywood, Moscow . U.S, Washington , U.S
China's Foreign Ministry spokeswoman Mao Ning attends a press conference at the Ministry of Foreign Affairs in Beijing on January 15, 2024. China has denied allegations by Ukraine's president that Beijing is pressuring other countries not to attend an upcoming Ukraine peace summit, with the foreign ministry claiming that Beijing's position on the matter remains "fair and just." Chinese foreign ministry spokeswoman, Mao Ning, denied those charges on Monday, saying that "hegemonism and power politics are not China's diplomatic style." The peace talks, scheduled to take place in Switzerland on June 15-16, will focus on the over two-year Russian invasion of Ukraine started in February 2022. China has repeatedly called for a cease-fire and dialogue concerning the war in Ukraine, and said it will help facilitate peace talks.
Persons: Mao Ning, Volodymyr Zelenskky, Zelenskyy, Mao Organizations: China's Foreign, Ministry of Foreign Affairs, Sunday Locations: Beijing, China, Ukraine, Singapore, Russia, Asia, Switzerland
Singapore CNN —The death of any Filipino citizen at the hands of another country in the South China Sea would be “very close” to an act of war, Philippines President Ferdinand “Bongbong” Marcos Jr. warned Friday as his nation faces increasingly fraught clashes with Chinese vessels in the South China Sea. China has increasingly pushed its territorial claims in the South China Sea, and China Coast Guard ships, reinforced by maritime militia boats, have been involved in a series of fraught clashes over the last year that has seen Philippine ships damaged and Filipino sailors injured by water cannon. A China Coast Guard vessel sails close to a Philippines ship during a day of clashes in the South China Sea, March 5, 2024 Rebecca Wright/CNNKey global waterwayChina claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea – one of the world’s busiest waterways. Meanwhile, the Philippine Navy said it is prepared to protect the rights of Filipinos and would be increasing patrols in the South China Sea, including the areas of contested sovereignty, according to the PNA. “What I want to emphasize is that it is not China but the Philippines that has frequently escalated the situation in the South China Sea,” Ning added.
Persons: Ferdinand “ Bongbong ” Marcos Jr, Marcos, Lloyd Austin, Dong Jun, , , ” Marcos, Rebecca Wright, Mao Ning, ” Ning, Organizations: Singapore CNN, US, Coast Guard, China Coast Guard, CNN, West, Philippine Navy, Foreign Ministry Locations: Singapore, South, Philippines, South China, Philippine, Filipino, China, Beijing, Manila, United States, Washington, Vietnam, Malaysia, Brunei, Taiwan, Hague, China’s, West Philippine, Asia, Pacific
The strike was conducted using two munitions with small warheads suited for this targeted strike. Rear Adm. Daniel Hagari, the Israeli military’s spokesman, insisted that their munitions alone, used in a strike in Rafah, could not have ignited the deadly fire that killed dozens of people at a camp. Those statements, however, did little to quell a chorus of voices demanding accountability and a halt to the fighting, which came amid reports of another deadly strike in nearby Al-Mawasi on Tuesday. Credit... Hatem Khaled/Reuters Still, he gave no indication that the Israeli military’s operation in Rafah would be interrupted. Israeli officials have argued that the ruling allowed it to continue fighting in Rafah because the military would not inflict such conditions.
Persons: Daniel Hagari, , Benjamin Netanyahu, Israel, Mawasi, David Cameron, Admiral Hagari, Hatem Khaled, China “, , , Mao Ning, ” —, Alexandra Stevenson Organizations: Credit, Israel Defense Forces Israel’s, ., Reuters, International Court, Ministry of Foreign Affairs Locations: Blaze, Rafah, Al, Israeli, Gaza, Rafah’s, China, Israel,
CNN —US lawmakers vowed to bolster Taiwan’s deterrence against China on Monday during a bipartisan congressional visit to the self-governing democracy just days after Beijing surrounded the island with massive military exercises. US Representative Michael McCaul, Republican-Texas, has vowed to bolster Taiwan's deterrence against China. China’s military drills, he said, were “to express their displeasure with President Lai, a president democratically elected by the people of Taiwan.”But he added they had another objective. The delegation also met with Lai, Taiwan’s new leader, on Monday morning. China responded with a show of military force and later imposed sanctions on McCaul.
Persons: Lai Ching, Michael McCaul, , McCaul, Lai, ” McCaul, China’s, Xi Jinping, Xi, , Mao Ning, Michael Brochstein, Lin Chia, ” “ It’s, ” Lin, Taiwan’s, “ Taiwan’s, ” Lai, Ronald Reagan’s, Tsai Ing, Nancy Pelosi’s Organizations: CNN, China, House Foreign Affairs Committee, Taiwan, US, Party, Republican, Ministry, Taiwan’s Locations: Beijing, China, Taiwan, Taipei, Ukraine, Taiwan Strait, Texas, United States, America, People’s Republic of China
Leaders from the three nations are meeting in a first-ever trilateral summit in a show of solidarity as China's assertiveness in the South China Sea has raised tensions in the region. Topping the meeting's agenda is China's increasing pressure in the South China Sea, which has escalated despite a personal appeal by Biden to Chinese President Xi Jinping last year. China claims almost the entire South China Sea, including the maritime economic zones of neighboring nations. Japan has a dispute with China over islands in the East China Sea. Chinese foreign ministry spokesperson Mao Ning said "China's activities in the East China Sea and South China Sea fully comply with international law" and that they were prepared to resolve issues through "dialogue and consultation" but criticized both the U.S. and Japan for ratcheting up tensions.
Persons: Joe Biden, Fumio Kishida, Ferdinand Marcos, Andrew Harnik, Beijing's, Joe Biden's, Ferdinand Marcos Jr, Biden, Xi Jinping, Thomas Shoal, Marcos, Thomas, Mao Ning Organizations: Japanese, White, Washington , DC, South China, Getty, East China, U.S Locations: Washington ,, South, China, U.S, Japan, Philippines, Manila, . U.S, American, Washington, South China, States, East
The US treasury secretary raised concerns about China's overproduction in her recent visit to the country. China has hit back at her concerns, but it's also concerned about overcapacity, an economist says. Just like the US and all of China's trading partners, Chinese authorities are concerned about industrial overcapacity and want to curb it. She added that China's trade surplus with the world meant there might be fewer incentives for Beijing to tackle the issue. AdvertisementAnalysts expect the US debate over its trade issues with China to heat up heading into the presidential election season.
Persons: it's, , Yue Su, Su, Janet Yellen, Janet Yellen's, Yellen, Li Qiang, Mao Ning, Mao Organizations: Service, Economist Intelligence Unit, European Union, EU, Commerce Department Locations: China, Beijing, People's Republic of China, Thailand, EU,
China said it is "gravely concerned" over reports that Japan could join the AUKUS security pact. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementChina's foreign ministry said it is "gravely concerned" over reports that Japan could join AUKUS, a security and defense pact between Australia, the UK, and the US. Japan needs to earnestly draw lessons from history and stay prudent on military and security issues," she added. Speaking at a news conference on Tuesday, Australia Prime Minister Anthony Albanese clarified that working with Japan wouldn't signal recruitment.
Persons: , wasn't, Pilar, Aukus, Biden, Fumio Kishida, Mao Ning, Anthony Albanese, " Albanese, nothing's, There's Organizations: Service, US, Japan, White, China Morning Post, US Naval, Forbes, Australia, Reuters Locations: China, Japan, Australia
“China is now simply too large for the rest of the world to absorb this enormous capacity,” Yellen told reporters Monday. US intelligence has warned that China is providing technology and equipment to Russia that is important to Moscow’s war in Ukraine. During her last visit to Beijing, Yellen dramatically boosted business for a Yunnan restaurant chain and its mushroom dish after her delegation was spotted dining there. “As a US official, Yellen needs to know more about China than just its food. Only by understanding China better, can she correct the US worldview and its views of China and China-US relations.”
Persons: Janet Yellen, Yellen, Joe Biden, Xi Jinping, , China Nicholas Burns, Pedro Pardo, Li Qiang, ” Yellen, Li, Biden, , Mao Ning, Xi, CNN’s Marc Stewart, we’ve, Andy Wong, “ Yellen, Tao Tao Organizations: Hong Kong CNN, Russia, China's, Getty, Vice, Foreign Ministry, Treasury Department ., Ukraine, China’s, Ministry, Locations: China, Hong Kong, Guangzhou, Beijing, United States, AFP, Washington, Xinhua, Russia, Ukraine, Treasury Department . China, San Fransisco, , Yunnan, Weibo
“If you have minerals or oil under the ground, how do you come up with a price for a long-term contract? The shift to renewable energy and electric vehicles has caused a spike in the demand for critical minerals, driving these kind of loans. Adesina, whose Abidjan, Ivory Coast-based institution helps finance development in African countries, said these arrangements come with a litany of problems. Photos You Should See View All 60 Images“These are the reasons I say Africa should put an end to natural resource-backed loans," Adesina said. After Chad, Angola and the Republic of Congo approached the IMF for support, the multilateral lender insisted on the renegotiation of their natural resource-backed loans.
Persons: Akinwumi Adesina, paydowns, Adesina, ” Adesina, Glencore, Trafigura, , Mao Ning Organizations: African Development Bank, Associated Press, International Monetary Fund, IMF, Chartered, China’s Ministry of Foreign Affairs, China Railway Group, Gecamines, Alliance for Green Infrastructure Locations: Lagos, NIGERIA, China, Congo, Nigeria, Abidjan, Ivory Coast, Africa, Chad, Angola, Republic of Congo, Guinea, Ghana, Beijing, Nigerian, AP.org
Near Second Thomas Shoal, South China Sea CNN —As dawn slowly broke on the horizon, a large fleet of Chinese vessels came into view from the deck of a Philippine Coast Guard ship as it entered the contested waters of the South China Sea. Filipino soldiers on the dilapidated Sierra Madre ship, anchored near the Second Thomas Shoal in the South China Sea, on May 11, 2015. The US military also maintains a regular presence in the South China Sea, with aircraft overflights, so-called “freedom of navigation” operations, and patrols and exercises with allies and partners to assert that the South China Sea is an international waterway. The Philippine Coast Guard said it counted five China Coast Guard vessels and 18 boats belonging to Beijing’s “maritime militia." Rebecca Wright/CNNTarriela, the Coast Guard spokesperson, said a China Coast Guard vessel had come within 20 yards (60 feet) of the Cabra.
Persons: David, Goliath, , , Thomas Shoal, Rebecca Wright, Sabina, Ritchie, Jiao, , Jay Tarriela, Mao Ning, China Coast Guard “, Thomas, Ferdinand “ Bongbong ” Marcos Jr, Rodrigo Duterte, Marcos Jr, Jose Manuel Romualdez, CNN Tarriela, Tomas Etzler, Erik de Castro, month’s, ” Tarriela, , Collin Koh, ” Koh, Ray Powell, SeaLight, “ Will, ” Powell, we’ve Organizations: South China, CNN, Philippine Coast Guard, Philippine, Armed Forces, China Coast Guard, ” CNN, Philippine Navy, Coast Guard, Foreign Ministry, Sierra Madre, Center for Strategic, Studies, China Power, Ministry, Washington, Philippine News Agency . Diplomacy, Coast Guardians, Guard, Madre, Reuters, USS, China, Rajaratnam, of International Studies, National Security, Stanford University Locations: South, South China, Philippines, United States, Philippine, China, Bulilyan, Palawan, Sierra Madre, Sierra, The Philippines, Vietnam, Malaysia, Brunei, Taiwan, Madre, Hague, Beijing, China’s, Manila, Shanghai, Singapore
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