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Europe

China’s Chengxin submits bid for Ukraine lithium deposits | Source: Mining Weekly

Chengxin Lithium has applied for the rights to two lithium deposits in Ukraine that are up for auction, in a move that would give the Chinese company a foothold in the European lithium industry. The company, which makes lithium chemicals for electric vehicle (EV) batteries, said it would build a lithium plant in Indonesia and is investing in mining projects in Argentina and Zimbabwe.

Source: Mining Weekly


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China suspends consular services in Lithuania | Source: Taiwan News

Beijing announced it has ceased granting visas at its consulate in Lithuania as it continues to downgrade its bilateral relations as the Baltic country strengthens ties with Taiwan. Despite its size, Lithuania’s diplomatic stance is making big waves in Europe’s China policy. The country made history in May by being the first country to quit China’s 17+1 cooperation forum with Central and Eastern European states, which it said was “divisive.”

Source: Taiwan News


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China calls on new German government to adhere to one-China principle | Source: CGTN

China expects the new German government to continue to uphold the one-China principle. Spokesperson Zhao Lijian reiterated that issues relating to Taiwan, Hong Kong, Xinjiang and the South China Sea are all China’s internal affairs and concern China’s sovereignty and territorial integrity.

Source: CGTN


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China threatens Lithuania over Taiwan office opening | Source: AP News

China threatened to retaliate against Lithuania after the Baltic nation allowed Taiwan to open a representative office in its capital, Vilnius. Lithuania plans to open a representative office in Taipei by the end of the year and has withdrawn from the “17 plus one” arrangement launched by China to bind it closer to countries in Eastern Europe.

Source: AP News


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China accuses the EU of threatening global trade | Source: Financial Review

Beijing has accused the European Union of risking damage to world supply chains by throwing up regulatory and trade hurdles to foreign businesses, warning “discriminatory” practices could strain the global recovery from the coronavirus pandemic.

Source: Financial Review


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China eager to continue doing projects with Belarus as part of Belt and Road initiative | Source: Belta Agency

China intends to continue implementing highly effective projects together with Belarus within the framework of the Belt and Road initiative in addition to constantly enhancing cooperation in the area of digital economy. Huawei has been already working on the Belarusian market for 20 years, making its contribution to the development of artificial intelligence, Internet, 5G, and other technologies.

Source: Belta Agency


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“Chinese Digital Silk Road” is dominating the Western Balkans | Source: Greek Reporter

What is called the “Chinese Digital Silk Road” is now dominating telecommunications in the Western Balkans, i.e. Serbia, Bosnia and Herzegovina, Montenegro, North Macedonia, Albania and Kosovo. By providing telecommunication networks in the Balkans, and especially 5G digital technology, China establishes its geopolitical influence in Europe, raising concerns in the Western World. The Digital Silk Road is an alliance of Chinese ICT companies and the Chinese state with the aim to increase the strategic power of China.

Source: Greek Reporter


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Featured Report

China’s main actions and Decisions related to geopolitics and geo economy

China’s main actions and Decisions related to geopolitics and geo economy

Week of October 16-22, 2021

  • On foreign policy, China returned this week to claim its rights in the South China Sea, amid a new claim by the Philippines against China for its activities in a Philippine exclusive economic zone rich in strategic resources, according to ABS-CBN, a private broadcasting company operating in the Philippines.

  • Also related to Asia Pacific, China urged Pacific island countries to join forces to stop the attempts of the AUKUS military alliance, made up of Australia, the United Kingdom and the United States, to counter China’s intentions in the South Pacific, Telesur said, a. Latin American multistate news channel, headquartered in Venezuela.

  • China condemned, on the other hand, the European Union for voting in its Parliament in favor of increasing ties with Taiwan and beginning to work on an investment agreement with the island, according to RT, the Moscow-based international news network. The EU had reached an investment agreement with China, but it was put on stand-by.

  • In terms of Connectivity, the two outstanding actions of China this week were related to the strategic project of the Belt and Road, promoted by China, to achieve its geopolitical and geoeconomic objectives at the regional and global levels.

  • First, China signed BRI-related cooperation documents with 10 Pacific island countries, elevating the comprehensive strategic partnership they carry to a new level, according to RNZ, New Zealand’s public service radio.

  • Second, China announced that it will work with Saudi Arabia “to further synergize the Initiative” and “actively participate” in the country’s major development projects, reports Anadolu Agency, the Turkish government’s press agency.

  • In the Energy sector, this week one of the main oil companies in the People’s Republic of China, Sinopec, signed, amid the energy crisis affecting China, an agreement with a US developer of liquefied natural gas, which will double the Chinese imports of LNG from the United States, indicates the British publication specialized in Energy, Energy Voice. In the last three years, the new LNG agreements between the two great powers had been frozen, due to the growing political tensions between the two countries that occurred during the Trump administration.

  • Also this week, China signed an agreement with Russia that will boost bilateral trade in energy products, including liquefied petroleum gas and natural gas, according to the Global Times, a Chinese daily owned by the Chinese Communist Party.

  • In Domestic Policy, the highlight was China’s attempt to tighten its grip on Macau, as part of a plan to regain its influence over society and businesses across the country, reports the New Lens daily, owned by Key Commentary Media Group, a media based in Taiwan, Hong Kong and Macao. Macao, like Hong Kong, is a “special administrative region” of China, assuming a high degree of autonomy within the framework of “one country, two systems”.

Sources/Links:

news.abs-cbn.com

www.telesurenglish.net

www.rt.com

www.aa.com.tr

www.rnz.co.nz

www.energyvoice.com

www.globaltimes.cn

international.thenewslens.com

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Europe

China condemns EU after European lawmakers resoundingly back resolution to improve ties with Taiwan | Source: RT

The Chinese Foreign Ministry has blasted the European Union after the bloc’s representatives voted overwhelmingly in favor of increasing ties with Taiwan and starting work on an investment deal with the island. EU lawmakers voted 580 to 26 to back a non-binding resolution requesting the European Commission “urgently begin an impact assessment, public consultation and scoping exercise on a bilateral investment agreement” with Taiwan. The EU had struck a similar investment agreement with Beijing, but the deal was put on ice amid worsening relations.

Source: RT


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Asia Pacific

China to Form Two Rare Earth Giants to Strengthen Pricing Power | Source: BLOOMBERG

China is planning to create two rare earth mining giants in an effort to gain better pricing power in global markets. Beijing has been restructuring the industry for years, to maintain its dominance in the production of the strategic metals, of which it controls 70%, as the U.S. and Europe look to develop their own production and supply chains and diversify away from China.

Source: BLOOMBERG


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