On the one hand, US policy aims to constrain China’s economic, political, and military development because it has now become the United States’ chief economic competitor and thus enemy. On the other hand, US policy seeks to secure the many benefits to the United States of its companies’ trade with and investments in China.
US debates over “decoupling” the two countries’ economies versus the milder version of the …

Asian demand has made up for Russia’s lost oil exports to Europe while trade rerouted through Central Asia has helped to dodge sanctions.
Thirty-seven countries have imposed economic sanctions on Russia since its invasion of Ukraine in February 2022. The breadth of this campaign has few precedents in recent history.
The sanctions covering finance, energy, technology, travel, shipping …

Most relationships undergo a transition with the passage of time from appreciation of each other to a “state of having,” a desire to possess or even control the other. But the present pivotal moment in the Russian-Indian relationship shows that an equal relationship does not fall into that trap.
Indian External Affairs Minister Subrahmanyam Jaishankar drew attention to this salience while addressing a Russian-Indian business forum …

SINGAPORE – Western nations have taken major steps to cut energy ties with Russia by cracking down on imports of seaborne crude oil and refined petroleum products while imposing a US$60 price cap on sales to non-Western countries in a bid to crimp the Kremlin’s ability to finance its war in Ukraine.
At the same time, nations that sanctioned Russian oil have dramatically increased …

The first event of Brazilian President Luiz Inácio Lula da Silva’s long-awaited visit to China is the official swearing-in ceremony of Dilma Rousseff as president of the New Development Bank (popularly known as the BRICS Bank) this Thursday, April 13.
The appointment of the former president of Brazil to the post demonstrates the priority that Lula will give to the BRICS countries …

Some Chinese semiconductor makers are reported to have taken the initiative to contact the United States embassy in Beijing after they were put on a trade watch list of the US Commerce Department last month.
These are companies that are required to pass an end-use check within 60 days or they will be added to the entity list of the US Commerce Department’s Bureau of Industry and Security (BIS), the South China Morning Post (SCMP) reported, citing unnamed sources …

The much-vaunted economic recovery from the Covid-19 pandemic was short-lived. The global economy is now once more in the midst of a slowdown – the sharpest after any post-recession recovery since 1970.
In this context, there is a growing recognition in Europe that the burgeoning Chinese economy can be seen from two angles.
From a political perspective, it can be seen as a threat because of its widening influence …

NEW YORK – China’s exports to the largest economies of the Global South have nearly doubled from pre-Covid levels to a seasonally-adjusted US$70 billion in June 2022 from $38 billion in June 2019.
Several factors have impelled the surge in Chinese exports, but the most important impulse comes from China’s strategic investment in digital and physical infrastructure, ranging from broadband networks in Indonesia …

As the war in Ukraine enters its third month, more convergence has emerged between China and key states in the Middle East. Motivated by a shared frustration with the United States, China and its Middle East partners have found themselves on the same side more often than not regarding the conflict. Evidence of this alignment is found in the voting records of three recent United Nations resolutions.
On February 26, the UN Security Council …

China at some point may dump its Pakistan investment and emphasize India ties, upending strategic calculations. There are numerous examples of the bitterest of enemies turning into unlikely allies, precisely because they present too great a danger to each other .
Britain and Russia spent most of the 19th century contending in the “Great Game” over India. Britain built the navy with which Japan beat Russia in the 1905 war. But Britain …

US block on Russia’s foreign-exchange reserves could cause China, Saudi Arabia and others to dump their US debt holdings.
TOKYO — Japan and China tend to agree on very little when it comes to economic strategy, geopolitics or managing Western idiosyncrasies. Yet Joe Biden is bringing Tokyo and Beijing together on one issue: their combined US$2.4 trillion of US Treasury debt holdings that are now suddenly in doubt.