Tag Archives: china

China splurged on Mideast, African oil in November price plunge

Oil tankers loaded 6.5 million barrels a day from ports in the two regions for Chinese buyers in November, a 26 per cent increase compared with the average over the prior 10 months, ship tracking compiled by Bloomberg shows. With deliveries taking between 25 and 40 days, many of the barrels will arrive this month or even in January.

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2 further outbreaks of African Swine Fever in China

Two new outbreaks of African Swine Fever (ASF) have been discovered in the Sichuan and Qinghai provinces of China, according to international reports.

The news was purportedly confirmed to international media outlet Reuters by the Chinese Ministry for Agriculture.

According to the outlet, the new outbreaks were discovered in the provinces of Sichuan and Qinghai.

The Ministry of Agriculture and Rural Affairs said in a statement on its website that the new case discovered in the city of Bazhong in Sichuan resulted in the deaths of 19 out of 117 pigs present on the farm in question.

Meanwhile, the case in the city of Xining in Qinghai killed 14 of 69 pigs present on a farm, Reuters reports.

Last month, it was confirmed that ASF had been discovered on two farms in Beijing – which were the…

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Bolton says 'predatory' China is outpacing the US in Africa

China is gaining economic and military leverage in Africa at the United States' expense, national security adviser John Bolton said Thursday as he …
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Bolton Outlines a Strategy for Africa That’s Really About Countering China

About 40 percent of that can be defined as aid, based on the parameters of the Organization for Economic Cooperation and Development, according to Bradley Parks, AidData’s executive director. During the same period, the United States provided $106.7 billion of aid, according to the group.

Most of the Chinese money comes in the form of loans, many of which are for projects being built by Chinese state-owned companies. The contracts typically have strict conditions attached to them; borrowers often have to start repaying the loans within a few years, unlike loans from the World Bank, which can have a grace period of a decade.

“The work that they do, the assistance that they provide, seems to be more about China than it is about the countries that are the target, or the recipients of the…

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US unveils new Africa policy to counter ‘predatory’ Russia and China | US news

The Trump administration has unveiled a new Africa policy focused on combating the “predatory” practices of China and Russia, and ending what it calls “indiscriminate assistance” and “unproductive, unsuccessful and unaccountable” UN peacekeeping missions.

Announcing the new policy, the national security adviser, John Bolton, said it would put US interests first, so would be built around trade and countering the threat terrorist groups like Isis and al-Qaida could pose to the US.

Bolton said that Trump had approved the policy on Wednesday and the administration would begin executing it immediately. That is likely to have a rapid impact on UN peacekeeping missions. The US has already demanded a change of the mandate of the peacekeeping mission in Western Sahara, refused to increase…

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Bolton slams China, Russia over ‘predatory practices’ in Africa

Bolton emphasized that America’s vision for the region is “one of independence, self-reliance, and growth — not dependency, domination, and debt.”

However, the plan is also likely to result in additional cuts to aid and peacekeeping programs.

“This strategy is the result of an intensive interagency process, and reflects the core tenets of President Trump’s foreign policy doctrine. Importantly, the strategy remains true to his central campaign promise to put the interests of the American people first, both at home and abroad,” Bolton told the audience at the Heritage Foundation on Thursday.

“Under our new approach, every decision we make, every policy we pursue, and every dollar of aid we spend will further US priorities in the region,” he said.

Trump sets 'terrible precedent' by crossing red line on Huawei case

Specifically, the Trump administration’s approach…

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