Belt

Whoever wins the presidential election, Indonesia will remain close to China

Retrieved on: 
Friday, February 9, 2024

The world’s third-largest democracy, Indonesia, eagerly awaits the outcome of the presidential election on Feb. 14.

Key Points: 
  • The world’s third-largest democracy, Indonesia, eagerly awaits the outcome of the presidential election on Feb. 14.
  • Baca juga:
    Indonesia's presidential election may go to run-off, despite what the polls say

    .

Why China will remain a vital partner

  • Economically, China is a significant trading partner and source of investment for Indonesia, offering considerable development funds and economic opportunities.
  • Our latest report provides insight into the candidates’ potential approaches to China if elected, based on their engagements with Chinese officials in the past.
  • Prabowo has notably engaged extensively with China, meeting several times with Xiao Qian, the former Chinese ambassador to Indonesia, between 2018 and 2022.
  • His running mate, Gibran, has had limited interactions with China himself.
  • However, he would be associated with his father’s close ties to China, which have taken precedence during his time in office.
  • Since Jokowi became prime minister, China has evolved into Indonesia’s largest trading partner and investor, with Chinese exports to Indonesia surging to $71.32 billion in 2022, up from less than $40 billion in 2014.
  • Concerns have also been raised about the Batang Toru hydropower project in Sumatra, which threatens the habitat of the critically endangered Tapanuli orangutan.
  • In contrast, Anies has primarily interacted with Western countries, with limited engagement with China.

Modification of China-friendly policy

  • Baca juga:
    Mixue on the march: ice cream serves soft power for China in Southeast Asia

    .

  • By engaging with China, Indonesia aims to navigate the complexities of regional geopolitics while safeguarding its sovereignty and national interests.
  • It also has a significant position as a member of the G20 group of major economies, reflecting international confidence in its economic strength.
  • In addition, Indonesia’s strategic location makes it a crucial part of China’s BRI ambitions.


Para penulis tidak bekerja, menjadi konsultan, memiliki saham atau menerima dana dari perusahaan atau organisasi mana pun yang akan mengambil untung dari artikel ini, dan telah mengungkapkan bahwa ia tidak memiliki afiliasi di luar afiliasi akademis yang telah disebut di atas.

Global trade in the post-pandemic environment

Retrieved on: 
Friday, February 9, 2024

The pandemic triggered the deepest global recession (albeit short-lived) since the Second World War amid large-scale policy support, and led to a sweeping fall in world trade.

Key Points: 
  • The pandemic triggered the deepest global recession (albeit short-lived) since the Second World War amid large-scale policy support, and led to a sweeping fall in world trade.
  • Following the initial COVID-19 shock, trade staged a rapid recovery, but from the second half of 2022 world trade growth started to decelerate markedly and in 2023 it is estimated to have been considerably below its pre-pandemic average.

China's Geespace Launches Eleven Low-orbit Satellites to Build Geely Future Mobility Constellation

Retrieved on: 
Monday, February 5, 2024

XICHANG, China, Feb. 5, 2024 /PRNewswire/ -- China's Geespace conducted its second successful satellite launch on 3rd February, sending eleven satellites into low Earth orbit, finish the deployment of the second orbital plane of the ambitious Geely Future Mobility Constellation.

Key Points: 
  • XICHANG, China, Feb. 5, 2024 /PRNewswire/ -- China's Geespace conducted its second successful satellite launch on 3rd February, sending eleven satellites into low Earth orbit, finish the deployment of the second orbital plane of the ambitious Geely Future Mobility Constellation.
  • Geely Future Mobility Constellation represents the world's inaugural commercial initiative to integrate communication, navigation, and remote sensing within a single satellite network.
  • To date, Geespace has not only initiated mass production of satellites but also accomplished orbital plane level deployment, achieving constellation-level telemetry, tracking, and command (TT&C).
  • The Geely Future Mobility Constellation offers global satellite IoT service capabilities, comparable to Iridium Next satellites.

XCMG Machinery Earns Spot on Forbes China's Globalization Innovators Selection 30&30 for Substantial Global Growth

Retrieved on: 
Friday, February 2, 2024

XUZHOU, China, Feb. 2, 2024 /PRNewswire/ -- The 2023 Forbes China Globalization Innovators Selection 30&30 has recognized XCMG Machinery (SHE: 000425, "XCMG") as a Leading Brand for its tremendous success in international markets as well as pioneering innovations that are advancing global industry development.

Key Points: 
  • XUZHOU, China, Feb. 2, 2024 /PRNewswire/ -- The 2023 Forbes China Globalization Innovators Selection 30&30 has recognized XCMG Machinery (SHE: 000425, "XCMG") as a Leading Brand for its tremendous success in international markets as well as pioneering innovations that are advancing global industry development.
  • The Forbes China 30&30 Selection celebrates Chinese brands that are achieving robust growth worldwide and pursuing cutting-edge innovation.
  • In 80 years, XCMG has grown into a leading construction machinery enterprise with global competitiveness, influence, and an iconic brand in China's equipment manufacturing industry, covering 95 percent of the countries participating in the "Belt and Road" Initiative.
  • "We're very honored to be recognized as one of the leading brands for successful globalization and innovation.

XCMG Machinery Earns Spot on Forbes China's Globalization Innovators Selection 30&30 for Substantial Global Growth

Retrieved on: 
Friday, February 2, 2024

XUZHOU, China, Feb. 2, 2024 /PRNewswire/ -- The 2023 Forbes China Globalization Innovators Selection 30&30 has recognized XCMG Machinery (SHE: 000425, "XCMG") as a Leading Brand for its tremendous success in international markets as well as pioneering innovations that are advancing global industry development.

Key Points: 
  • XUZHOU, China, Feb. 2, 2024 /PRNewswire/ -- The 2023 Forbes China Globalization Innovators Selection 30&30 has recognized XCMG Machinery (SHE: 000425, "XCMG") as a Leading Brand for its tremendous success in international markets as well as pioneering innovations that are advancing global industry development.
  • The Forbes China 30&30 Selection celebrates Chinese brands that are achieving robust growth worldwide and pursuing cutting-edge innovation.
  • In 80 years, XCMG has grown into a leading construction machinery enterprise with global competitiveness, influence, and an iconic brand in China's equipment manufacturing industry, covering 95 percent of the countries participating in the "Belt and Road" Initiative.
  • "We're very honored to be recognized as one of the leading brands for successful globalization and innovation.

A great fanfare, with gifts to usher in the new year

Retrieved on: 
Friday, February 2, 2024

This echoes the fact that as China seeks to grow in a mature way it heartily embraces the world.

Key Points: 
  • This echoes the fact that as China seeks to grow in a mature way it heartily embraces the world.
  • The eighth episode of the third season of Youth Power, "Timeless Tales From China", was broadcast on Jan 30.
  • Gen Zers from Australia, Bulgaria, China, Russia, South Korea, Somalia and the United Kingdom gathered for a new year gala.
  • The program comes in the form of interviews, forums and speeches, with topics related to anything of current interest in the world.

Xinhua Silk Road: Pien Tze Huang, Beijing Tong Ren Tang agree to boost bilateral cooperation, promote high-quality development of TCM

Retrieved on: 
Friday, February 2, 2024

BEIJING, Feb. 1, 2024 /PRNewswire/ -- Zhangzhou Pien Tze Huang Pharmaceutical Co., Ltd. (Pien Tze Huang) signed a cooperation agreement with Beijing Tong Ren Tang (TRT) Group during the First Conference of Partners of Tong Ren Tang, which was held in Beijing from January 17 to 19.

Key Points: 
  • BEIJING, Feb. 1, 2024 /PRNewswire/ -- Zhangzhou Pien Tze Huang Pharmaceutical Co., Ltd. (Pien Tze Huang) signed a cooperation agreement with Beijing Tong Ren Tang (TRT) Group during the First Conference of Partners of Tong Ren Tang, which was held in Beijing from January 17 to 19.
  • In the future, they will jointly explore the overseas markets and promote TCM development in the world.
  • "Both Beijing Tong Ren Tang and Pien Tze Huang Pharmaceutical are pacesetters in TCM," said Lin Zhihui, chairman of Pien Tze Huang Pharmaceutical, at the conference on January 18.
  • As a leading TCM enterprise in China, Pien Tze Huang Pharmaceutical is committed to technological innovation and industrial transformation.

‘We miners die a lot.’ Appalling conditions and poverty wages: the lives of cobalt miners in the DRC

Retrieved on: 
Tuesday, January 30, 2024

Estimates suggest that as many as 11,000 men and women work on the site, the majority of whom have no other means of deriving a livelihood.

Key Points: 
  • Estimates suggest that as many as 11,000 men and women work on the site, the majority of whom have no other means of deriving a livelihood.
  • Risking their lives, they tunnel deep into the red earth, excavating cobalt in shafts that descend as deep as 100 metres, and yet they receive almost none of the profits.
  • This story of labour exploitation and unequal exchange in Africa has become an all-too-familiar one to me.
  • I was eager to visit the site because I had heard many encouraging things about it.
  • Most artisanal mining sites are found in remote locations, remain unplanned and unregulated, and are subject to a host of social and environmental problems.
  • But at the same time, there has been much fanfare around the idea of organising artisanal miners into cooperatives, as a potential solution to this problem.
  • The team is working with academics from different backgrounds who have been engaged in projects aimed at tackling societal and scientific challenges.
  • There are people who come from Kasai, the Chinese who leave China to come here, Canadians who leave their country to come here.
  • It is very good.

‘The work we do is hard’

  • Many told me they only started mining because they wanted to create a better life for their kids.
  • It is easy to understand why a parent would tolerate hardship, injustice and risk, if it could help their children.
  • We only do this work because we don’t have the means to survive.
  • The work we do is hard because it’s a job you do all day long.
  • We only do this work because we don’t have the means to survive.

‘We miners die a lot’

  • Six miners were killed and the depth and design of the tunnels meant that the bodies could not be recovered.
  • And to be sure, all the miners I spoke to feared such a disaster could happen to them at any time.
  • Death and injury is common among artisanal miners, due to both tunnel collapses and working without personal protective equipment.
  • We miners die a lot.
  • We miners die a lot.

Toxic dust and birth defects

  • Further compounding the hazardous working conditions, cobalt dust is toxic, affecting all those working in mines, but also those in the wider community.
  • That research also found high concentrations of uranium in the urine of exposed children and miners.
  • A Lancet study found that pregnant women living in cobalt-mining communities have the highest levels ever reported of heavy metals in their blood.
  • The same study demonstrated a five-fold increase in risk of birth defects in babies born to fathers working in cobalt mines.
  • Alphonsine, eloquently described the horrific conditions that washers must endure:
    There are several problems in doing this work.
  • Recent comparisons of time-lapse satellite imagery over the past five years demonstrates the dramatic growth of cobalt mines in and around Kolwezi.

The invisible face of the cobalt rush

  • Hunting for the buried blue treasure – a key ingredient in the lithium-ion batteries used in consumer electronics and electric vehicles that are vital to global efforts to combat climate change – artisanal miners like Ghislain have long been the invisible face of the cobalt rush.
  • The Congolese cobalt rush fuels a multi-billion-dollar industry for international mining companies and buying agents – often from China – that have moved into the country.
  • Southern Congo sits upon 3.4 million tons of cobalt, an estimated two thirds of the world’s known supply.
  • Alphonsine told me that she didn’t know what happened to the cobalt she washed, after it left the site.
  • Instead of buying well so that we too can win, they buy the products maliciously.
  • As the world transitions to electric vehicles, competition over supplies of cobalt continues to intensify, with global demand set to increase up to eight-fold by 2040.
  • Against this backdrop, the OECD estimates that there are more than 200,000 creuseurs, often labouring alongside large-scale industrial operations, who extract up to 30% of Congo’s cobalt.

Child labour

  • Such claims have provided fertile ground for a high-profile legal case against the world’s largest tech companies, launched in December 2019 by Congolese families, over deaths and serious injuries sustained by child labourers in cobalt mines.
  • In October 2022, the US Department of Labour added lithium-ion batteries to its list of goods produced by child labour.

No such thing as ‘clean cobalt’

  • Profit margins are much higher when it’s possible to purchase cobalt that is extracted under slave-like conditions.
  • And the reality is that cobalt unearthed by creuseurs is bought by agents and processed alongside cobalt from large-scale mines, with over 80% of it then being refined in China.
  • As things stand, there is no such thing as “clean cobalt”.

Plausible deniability


While the negative impacts of the cobalt boom may be increasingly visible and have now become impossible to ignore, industry is not held accountable, partially because it has found new ways to hide its exploitative business practices.

  • Complexity in the supply chain helps big corporations to demand profit-boosting efficiencies at arms’ length, giving them plausible deniability for the consequences of their actions.
  • These companies also have become adept at spinning their purported efforts to improve conditions.
  • Look at their websites and you’ll probably see a massive section devoted to sustainability and community-building.


For you: more from our Insights series:
Mr Bates vs The Post Office depicts one of the UK’s worst miscarriages of justice: here’s why so many victims didn’t speak out

Victims of the green energy boom? The Indonesians facing eviction over a China-backed plan to turn their island into a solar panel ‘ecocity’

Unlocking new clues to how dementia and Alzheimer’s work in the brain – Uncharted Brain podcast series

To hear about new Insights articles, join the hundreds of thousands of people who value The Conversation’s evidence-based news. Subscribe to our newsletter.
For this research, Roy Maconachie received funding from the Global Challenge Research Fund (GCRF), the Bath Research in Development (BRID) Fund, and the Bath Impact Fund.

Emergent Waste Solutions Inc.’s Partner, Magnum Group, Arranges the Sale of Two ATS2000 Plants

Retrieved on: 
Monday, January 29, 2024

Vancouver, B.C., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Emergent Waste Solutions Inc. (“EWS” or “the Company”), is pleased to report that it’s technology collaborator and strategic investor, Magnum Group International (“Magnum”), has announced that they have arranged the sale of two ATS2000 plants in Hong Kong.

Key Points: 
  • Vancouver, B.C., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Emergent Waste Solutions Inc. (“EWS” or “the Company”), is pleased to report that it’s technology collaborator and strategic investor, Magnum Group International (“Magnum”), has announced that they have arranged the sale of two ATS2000 plants in Hong Kong.
  • The ATS2000 units will be employed in the processing of Municipal Solid Waste (MSW) in Hong Kong.
  • With the ATS plants Magnum Group intends to manufacture biochar, activated carbon, and, potentially, bio-coal and methanol.
  • We believe this will help expedite the adoption of the ATS as a solution to waste challenges around the world.”

Discovering Guizhou along the Belt and Road

Retrieved on: 
Monday, January 29, 2024

Fast forward to the modern Silk Road, the Belt and Road Initiative, which has facilitated extensive consultation, joint contribution, and shared benefits among countries.

Key Points: 
  • Fast forward to the modern Silk Road, the Belt and Road Initiative, which has facilitated extensive consultation, joint contribution, and shared benefits among countries.
  • The "Ten Years On: Guizhou Story along the Belt and Road" series reports, planned and implemented by Discover Guizhou of Guizhou Daily Press with exclusive support from Kweichow Moutai Co., Ltd., invite you to witness Guizhou stories along the Belt and Road.
  • Currently, 80% of Guizhou Tyre's rubber raw material supply comes from Vietnam, and the Vietnamese factory has provided over 1,000 job opportunities in Tien Giang Province.
  • Every day, thousands of containers carrying Vietnamese-produced Guizhou tires depart from Vietnam, spreading Chinese smart manufacturing across the world.