European Union

A worker walks near an evaporation pool where lithium bicarbonate is isolated from salt brine during the process of lithium production at the Uyuni Salt Flats in Uyuni, Bolivia, on 29 January 2014. (Noah Friedman-Rudovsky/Bloomberg)

The world’s EV supply chain is fracturing

Until now, China has held a dominant position in the global industrial chain from cathode materials to EV battery manufacturing and vehicle production, supplying nearly half of global core products. But with a major restructuring underway, it will have to tackle rising costs, supply chain shortfalls and the need to tailor resources for different markets.
A local resident walks past a building destroyed by shelling, in Kupiansk, Kharkiv region, Ukraine, on 13 February 2023. (Sergey Bobok/AFP)

Is China’s peace plan without merit?

Despite China’s proposal for peace talks amid the Russia-Ukraine war, the US continues to be wary of China's intentions. Nonetheless, Russia, Ukraine and Europe have expressed support for China’s proposal to varying degrees, which signals positive progress. Lianhe Zaobao correspondent Yu Zeyuan notes that eventually, peace talks will take place.
Tengku Zafrul Aziz, Malaysia’s minister of international trade and industry. (SPH Media)

Q&A: Malaysia’s new trade minister explains why China matters to Southeast Asia

Caixin sat down for an exclusive interview with Malaysia’s new Minister of International Trade and Industry Tengku Zafrul Aziz on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, in January. He spoke about Malaysia's and ASEAN's relations with China, and his thoughts on regional and global trade.
People walk near the Eiffel Tower in Paris, France, 10 November 2022. (Gonzalo Fuentes/Reuters)

Not too far, not too close: The French way of handling China

French academic Philippe Le Corre notes that France and China’s fairly close relationship seems to have eroded in recent years, mainly due to market access issues and the gaping trade deficit. While President Macron’s visit in 2023 could change the situation, France currently has no clear advantage over other powers in dealing with China.
Italian Prime Minister and leader of Brothers of Italy party Giorgia Meloni gestures as she attends an event to mark the 10th anniversary of the foundation of Brothers of Italy party in Rome, Italy, 17 December 2022. (Remo Casilli/Reuters)

Italy’s right-wing government can't make up its mind about China?

Italian Prime Minister Giorgia Meloni and her party seem to be adopting a see-saw position on China, notes Italian academic Alessandro Albana. In contrast to voicing strong criticisms in the run-up to the elections, the new right-wing government seems to be engaging China, not least with PM Meloni striking a rapport with China’s President Xi Jinping at the G20 Summit in Bali. Do economic imperatives trump election rhetoric after all?
European Council President Charles Michel (left), Indonesian President Joko Widodo (centre), and European Commission President Ursula von der Leyen, at the EU-ASEAN Commemorative summit in Brussels, Belgium, on 14 December 2022. (Valeria Mongelli/Bloomberg)

EU could be ASEAN’s best bet in hedging against US-China rivalry uncertainties

The ASEAN-EU Summit in Brussels highlighted potential areas for closer cooperation between the two regional blocs, provided leaders can surmount strategic and other differences at this tricky juncture in world politics.
Workers load steel products for export to a cargo ship at a port in Lianyungang, Jiangsu province, China, 27 May 2020. (China Daily via Reuters)

Why China’s exports are in the doldrums

The China Containerized Freight Index, which tracks spot and contractual freight rates leaving major Chinese container ports on 12 shipping routes, began to fall in August. These and other indicators point to Chinese exporters bracing for tough times. The main culprit is demand, which has fallen off in recent months in China’s three biggest export markets — the US, the EU and ASEAN.
Employees work on the assembly line during a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China, 8 November 2019. (Aly Song/File Photo/Reuters)

Will Europe pour more money into China?

This year’s dramatic geopolitical changes have significantly altered the calculus for foreign investment in China as large European enterprises are increasingly taking the lead and Japanese businesses are retreating in manufacturing and advancing in services. American companies, on the other hand, are frozen as the US government imposes tough sanctions on China’s tech sector and as manufacturers weigh strategic moves back to the US.
German Chancellor Olaf Scholz is seen ahead of the Global Fund Seventh Replenishment Conference in New York on 21 September 2022. (Ludovic Marin/AFP)

Germany and Europe a pawn of the US?

Analysing German Chancellor Olaf Scholz’s recent visit to China, former journalist Goh Choon Kang offers the view that Germany — along with much of Europe — has been “weaponised” by the US for its own aims, whether in terms of China policy or the war in Ukraine. This is a clear lesson for other countries, those in Southeast Asia included.