Tag: China
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India-China border accord: Diplomacy amid mistrust
[Raghavendra Sharma, Shongjog columnist] The recent agreement between India and China to de-escalate their border dispute along the Line of Actual Control (LAC) in October 2024 is a noteworthy development in the complex tapestry of Asian geopolitics. This cautious détente reflects both countries’ recognition of the urgent need to manage…
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U.S.-China trade imbalances in the wake of pandemic
[Vikram Rajesh, Shongjog columnist] The current state of global trade balances, marked by China’s widening trade surplus and the growing U.S. trade deficit, serves as a crucial touchstone for understanding the dynamics of post-pandemic economic recovery. The interplay between these two superpowers has reignited debates about the causes and consequences…
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Russia and China launch massive “Ocean-2024” drills amid rising U.S. tensions
Russia launched massive naval and air drills on September 10, 2024, known as “Ocean-2024,” involving over 400 naval vessels, at least 120 military aircraft, and upwards of 90,000 troops. The exercise includes forces from China and will run until September 16, with at least 15 countries invited to observe. Chinese…
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Chinese official urges U.S. to see its population as an asset during trade talks
During trade discussions on September 8, 2024, senior Chinese official Wang Shouwen emphasized that China’s substantial population should be seen as an opportunity rather than a threat to the United States. Wang, the vice-minister of commerce, shared this perspective with Marisa Lago, the U.S. Under Secretary of Commerce for International…
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Xi Jinping unveils $51 billion plan to finance Africa, including infrastructure and job creation
Chinese president Xi Jinping, on September 5, 2024, announced China’s plan to significantly increase support for Africa over the next three years. China will provide nearly $51 billion in funding, support infrastructure projects, and create at least 1 million jobs. This pledge, made during the Forum on China-Africa Cooperation Summit…
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Xi Jinping unveils $51 billion plan to finance Africa, including infrastructure and job creation
| Shongjog news agency | Chinese president Xi Jinping, on September 5, 2024, announced China’s plan to significantly increase support for Africa over the next three years. China will provide nearly $51 billion in funding, support infrastructure projects, and create at least 1 million jobs. This pledge, made during the…
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