Day: December 20, 2024

Lowy Institute International Security Program Director Sam Roggeveen says it would be “disastrous” for Australia if China establishes a military presence in the Pacific.Prime Minister Anthony Albanese has announced a new security deal with the Solomon Islands.“One bit of connective tissue here is that the ultimate fear is that China sets up agreements with one or more Pacific Islands countries to actually establish a Chinese military presence in the Pacific,” Mr Roggeveen told Sky News Australia.“That would be disastrous for Australia, so we’re aiming to prevent that.”

President Xi Jinping has urged Macau to diversify its economy and seek new growth drivers beyond casinos. Xi also called on Macau and Hong Kong to better integrate into the Greater Bay Area. Minmin Low reports on the Chinese leader’s first trip to the special administrative region since 2019.——–

China’s new $3.5bn megaport in Peru strengthens the trade relationship between the two countries and gives it direct access to Latin America’s valuable minerals, ensuring its own strategic growth and control over the global mineral supply chain. But the megaport has been described as environmentally destructive, at a time when the maritime industry is honing its green efforts.Chapters00:00 COSCO in Peru03:08 Greening the Maritime Industry03:50 Carbon Capture and Green Hydrogen05:33 On-Shore Power07:24 Voluntary Climate Goals08:27 China’s Foreign Infrastructure Project10:55 Conclusion#China #Peru #Beltandroad

China’s Local Governments have built up a Massive 60 TRILLION of Debt through the issuance of Bonds. These Interest Coupon and Repayment of these Bonds was being funded by LAND AUCTIONS however the Property Crash has reduced this income and the Local Governments are now facing the risk of DEFAULT. In this video I look at the current situation and discuss the implications for China. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE.Chapters:0:00 Intro2:11 LGFV DEBT3:50 DEBT:GDP RATIO6:14 CHINA V USA8:09 SUMMARY & CONCLUSION

China’s CCP leader Xi Jinping has told officials to “turn the knife inward” in a lead up to a major purge._____