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    Belt and Road

    Yesterday

    A Geely Zeekr 001 EV at the Zeekr Centre in Shanghai. The shift in the US approach towards China from engagement to full-throttle competition is no longer in doubt.

    The US-China trade war has helped polarise ASEAN

    Regardless of their alignment or dependence on one side or the other, South-East Asian states need to stay focused on their common regional interests.

    • Joseph C. Liow

    March

    Part of the much-delayed, China-funded East Coast Rail Link project in Bentong, Malaysia.

    ‘Cost blowouts’: China fails to deliver megaprojects

    China is unlikely to meet $77 billion in Belt and Road Initiative commitments in South-East Asia, research shows.

    • Michael Smith
    Arefeh 40-year-old, an Afghan woman leaves an underground school, in Kabul, Afghanistan, Saturday, July 30, 2022.

    With Russia distracted, China makes its move in Central Asia

    China is the only major country to recognise the Taliban government in Afghanistan, a move that could give it access to large lithium and copper deposits.

    • Geoff Raby
    Artist’s impression of the Australian Education City in East Werribee, near Melbourne.

    Mystery lender chases ex-PwC staffer for $30m debt from failed project

    Bill Zheng and his Investors Direct Financial group were part of a consortium that proposed to develop the $30 billion Australian Education City near Melbourne.

    • Lucas Baird

    February

    US Secretary of State Antony Blinken  and Prime Minister Anthony Albanese embrace. But will the love always be there?

    What’s Plan B if America never goes back to normal?

    Paul Keating has once again asked whether the US alliance shapes Australia’s view of the world more than it should.

    • Bec Strating
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    Suddenly, almost everywhere, opinion shapers and experts have been saying that the great Chinese growth engine is broken.

    Why China can’t stop its decline

    The conventional wisdom on China has shifted but still misses the bigger picture.

    • Howard W. French

    November 2023

    Housing Industry Association data shared with PwC was breached.

    Warning to developing countries over Chinese hacking

    As Pacific leaders gather against the backdrop of China-US competition, a new report highlights how Chinese hackers managed to burrow into Cambodian networks.

    • Andrew Tillett
    .

    Indonesia’s president pushes US on what happened to the $31b

    President Joko Widodo questions the West’s “commitment” to helping developing countries cut climate emissions.

    • Alec Russell and Mercedes Ruehl

    October 2023

    From left in front row: Indonesian President Joko Widodo, Putin, Xi and Kazakhstan President Kassym-Jomart Tokayev with other leaders wave during a group photo session at the Belt and Road Forum in Beijing.

    How Xi’s Belt and Road went from pet project to debt bomb

    Ten years after its launch, Xi Jinping’s $1 trillion infrastructure project now boasts about 150 members and has made China the world’s largest creditor.

    • Michael Smith

    September 2023

    China bolsters ties with gas-rich Timor-Leste

    China’s Xi Jinping has met with Timor-Leste’s Xanana Gusmao, promising greater economic cooperation, including possibilities for joint oil and gas exploration.

    • Albee Zhang
    Prime Minister Anthony Albanese with Indian counterpart Narendra Modi at the G20 summit in New Delhi last weekend.

    What was the point of Modi’s G20 summit?

    India will tout the meeting as a victory, but the bloc remains deeply divided, which was demonstrated by Xi Jinping’s no-show.

    • Sumit Ganguly
    China’s ghost cities cannot be filled by official exhortations.

    China learns nothing from the financial crises of others

    Beijing’s reluctance to bite the bullet on bad assets looks like an error that the whole global economy may pay for.

    • Adrian Blundell-Wignall

    August 2023

    Reinforcing connections: Anthony Albanese and Sitiveni Rabuka in Nadi in March.

    How Fiji got a nasty lesson in Chinese authoritarianism

    The Pacific nation watched in shock as Chinese security agents marched what it said were 77 criminal suspects onto a plane and flew them away for detention in China.

    • Michael E. Miller and Matthew Abbott
    Youth unemployment in China hit a new high of 20.8 per cent.

    US urges China to be transparent with key data

    National security adviser Jake Sullivan said Beijing’s crackdown on information is not “responsible”.

    • James Politi
    China’s President Xi Jinping needs to fire a stimulus bazooka.

    China’s economy is stumbling, and it’s a danger to global security

    Beijing’s economic model has hit a wall. But a dictatorship is more likely to seek a foreign adventure than try to reform itself.

    • Paul Krugman
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    Giorgia Meloni’s government is expanding its populist agenda.

    Meloni’s new Italian populism puts investors, Beijing on notice

    The prime minister’s nine-month-old far-right coalition government is doubling down on a state-led approach to managing prosperity.

    • Updated
    • Alessandra Migliaccio and Sofia Gerace

    June 2023

    The Amur River: not much love lost on either side of the Sino-Russian border.

    China is going to be the great winner from Putin’s strife

    Russia’s failed attempt to make Ukraine into a buffer state is only helping China’s statecraft on its sensitive own western borders.

    • Geoff Raby
    Old Town Detail, Stockholm, Sweden traveller tours scandi 2020 Colette 
Copenhagen, Stockholm old town, Aurlandsfjord

    The hunt for a Huawei spy in the city of spires

    When Huawei undercut rival Ericsson’s bid to build Denmark’s 5G phone network, investigators uncovered a web of influence – and became targets themselves.

    • Jordan Robertson and Drake Bennett
    Giorgia Meloni’s government announced at the weekend it would impose a “network of measures to safeguard Pirelli’s independence”.

    Italy strips China’s Sinochem of its influence as Pirelli’s largest investor

    Prime Minister Giorgia Meloni’s government has invoked national security concerns about the potential for misuse of Pirelli’s chip technology, as well as Chinese Communist Party interference.

    • Amy Kazmin and Silvia Sciorilli Borrelli
    The view of China’s growth is undergoing a big reset.

    China is shifting from riches to risk

    Without reform, China faces a long-term growth stall. Investors in the country may have to start thinking very differently.

    • Daniel Rosen