resources

China’s BRI Bailouts Draw Mixed Reception

Several reports published over the past two weeks shine a light on China’s lending practices abroad, in the context of an ongoing international debt crisis along parts of the BRI. The reports trace the evolution of BRI loans and...

Mongolia: Before the Gold Rush

China’s hunger for raw materials has brought double-digit economic growth to its northern neighbor, the coal and mineral-rich republic of Mongolia. But an anti-Chinese nationalist backlash has arisen in response to the...

Mongolian “Ninja” Miners Sate China’s Gold Lust

Reuters’ David Stanway delves into a Mongolian gold rush in which tightening environmental regulations and soaring prices fuelled by Chinese demand “‘have – pardon the pun – driven mining...

A New Environmental Enforcement Unit?

Reacting to the report on despoiling the national flag, the China Environmental Law blog post points out that the Chinese government could channel their resources to battle environmental crimes. Last month in Chongqing, over 100...

Businesses to confront resources price hikes

From China Daily via China Economic Net: Chinese businesses will have to cope with continuously rising resources costs as pricing liberalization is sped up. Despite concerns, the nation’s top policy-making body, the National Development and Reform Commission, has vowed to push ahead with its liberalization campaign. “We will allow the scarcity of resources to determine […]

China makes its presence felt – Mure Dickie

From Financial Times (link): From 2000 to 2005, it accounted for more than 90 per cent of growth in seaborne iron ore trade, according to Macquarie Research. Between 1994 and 2003, China was responsible for 54 per cent of growth in global copper consumption. While growth in demand for such commodities is set to slow, […]

Associated Press: China, Australia Agree to Free Trade Talks

From The Associated Press, via Forbes.com: China and Australia on Monday agreed to start talks on a free trade pact. Chinese Commerce Minister Bo Xilai and Alan Thomas, Australia’s ambassador to China, signed a memorandum of understanding that opens the way for a formal free trade agreement between the two countries. No other details were […]

China overtaking US in consuming world’s resources

From the Financial Express: With it’s economy surging ahead, China is overtaking the United States in consuming the resources of the world, a research institute has claimed. “Although the United States has long consumed the lion’s share of the world’s resources, this situation is changing fast as the Chinese economy surges ahead, overtaking the United […]

China’s Encroachment on America’s Backyard

Willy Lam writes that China’s recent diplomatic foray into Latin America is presenting a challenge to the US in its own backyard. During his recent trip to the region, President Hu pledged to invest $100 billion in Latin American countries over the next ten years, up from $1.04 billion invested by Chinese state-owned enterprises last […]

Resource Hungry China Makes Big Push Into Africa

Another article, from Reuters, about China’s search for natural resources in Africa: “Crumbling sport stadiums still stand in many African capitals, the enduring symbols of China’s Cold War courtship of the world’s poorest continent during the 1960s and 1970s. That was before the communist giant embraced capitalism and transformed itself into probably the world’s fastest […]

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