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Weimin Chen

Weimin Chen

Saudi Leader Threatened U.S. Ties Amid Oil Clash and China Rivalry

Saudi Leader Threatened U.S. Ties Amid Oil Clash and China Rivalry

The Lede: Leaked document reveals Saudi Crown Prince threatened to shake up decades-old U.S.-Saudi relationship and cause economic hardship if the U.S. retaliated against oil cuts What We Know: * According to a classified document obtained by the Washington Post as part of the Discord leaks, Saudi Crown

Chinese Battery Companies Plan Big Investments in Vietnam

Chinese Battery Companies Plan Big Investments in Vietnam

The Lede: Two Chinese energy storage and battery companies are considering large investments in Vietnam What We Know: * Industry and government sources revealed prospective investments of around $1.2 billion in Vietnam by the Chinese companies Xiamen Hithium Energy Storage Technology and Growatt New Energy. Both companies are in talks

EU Plans Trade Tool After China-Lithuania Dispute

EU Plans Trade Tool After China-Lithuania Dispute

The Lede: The EU agrees on establishing new trade measures to respond to economic coercion against member states after the recent tensions between China and Lithuania What We Know: * The European Union has agreed, after a year of negotiation among member states, to create a trade tool to punish countries

U.S. and China Defense Heads Emphasize Dialogue and Risks

U.S. and China Defense Heads Emphasize Dialogue and Risks

The Lede: The military heads of the U.S. and China gave speeches at the Shangri- La Dialogue in Singapore emphasizing the desire for both countries to engage in dialogue, but also highlighting the dangerous circumstances. What We Know: * U.S. Defense Secretary Lloyd Austin and Chinese Defense Minister Li

China Reduced Development Finance in Southeast Asia

The Lede: New study shows a decline in China’s development finance to Southeast Asia What We Know: * According to research from the Lowy Institute think tank based in Sydney, China’s contribution to the region fell from $7.6 billion in 2015 to $3.9 billion in 2021. China

U.S. and Taiwan Sign Partial Trade Deal

U.S. and Taiwan Sign Partial Trade Deal

The Lede: The U.S. and Taiwan have signed the first accord under a new bilateral trade initiative framework in the midst of tensions with China What We Know: * After two rounds of negotiations, representatives of the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in

Foreign Investors Look to Other Asian Countries as China Sentiment Sours

Foreign Investors Look to Other Asian Countries as China Sentiment Sours

The Lede: Foreign investors have been moving positions to other Asian markets as sentiment in the Chinese market wanes. What We Know: * A report from the Atlantic Council has found that foreign investors have been pulling out of the Chinese markets for the last two years. International institutional investors '