Chinese audiences hotly follow U.S. actors and movies, but Americans “probably” don’t care much about Chinese movies, Zhang told CNBC. On the outside, maybe they’ve tracked a couple of stars like Bruce Lee, Jackie Chan or Jet Li, he said.
Beijing-based investment attorney Kai Xue joins Eric and Cobus to discuss why he thinks Africa is no longer appealing to Chinese companies. Kai Xue is a longtime Sino-African affairs analyst and carefully monitors trade, foreign direct investment, and migration data between China and Africa. He is among a growing number of Chinese analysts who are now increasingly bearish in their outlook on trade ties with Africa.
The Ministry of Public Security continues to post updates relevant to the Foreign NGO Law on its WeChat account, the most recent of which are translated and summarized below.
China’s Middle East energy footprint has been expanding. In February, it made a deal for a stake in Abu Dhabi’s onshore oil. In March, Saudi Arabia’s King Salman bin Abdulaziz travelled to China to strengthen trade ties, and now a Chinese consortium is lining up for a stake in the Aramco IPO.
China’s President Xi Jinping initiated the ambitious “Belt and Road” development plan but it has become a world plan not tied to his presidency, the Commerce Ministry said on Wednesday, days before Xi hosts a global forum on the initiative.
Chinese rocket forces tested a new type of missile aimed at the country’s waters west of the Korean peninsula, the defense ministry announced in a rare public statement. The statement did not say what missile was tested or when the launch took place but the announcement was likely aimed at South Korea and the United States, observers said.
Over the weekend, there was the unseemly spectacle of Jared Kushner’s sister, Nicole Meyer, hawking golden visas to connected Chinese investors if they would put $500,000 into one of the Kushners’ real estate projects in Jersey City.
As President Donald Trump appears to be warming to China, a bipartisan group from the U.S. House of Representatives took aim Wednesday at one of Beijing’s sore spots: Tibet.
