Russia faces a new neighbourhood threat: China
Moscow’s Ukraine struggles and neocolonialism have made its former partners in Central Asia turn to Beijing.
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Moscow’s Ukraine struggles and neocolonialism have made its former partners in Central Asia turn to Beijing.
Oversight by the United States and South Korea may open them up to an undesirable reliance on China for older semiconductors that remain critical to the global economy.
China holds more than $1 trillion in American bonds. According tothe new Heritage Foundation database on recent Chinese foreignnon-bond investment, China has invested more than $15 billion inthe U.S. in addition to bonds. China's SAFE is the largest foreigninvestor in the U.S., but has refused to make its activities moretransparent. An American priority should be to enhance transparencyin SAFE's spending.
Amid the ongoing geopolitical tensions, crude oil prices almost reached $140 per barrel before losing ground and moving back to below $110 per barrel. Since the Russian invasion of Ukraine, global oil markets have been in turmoil. Several western countries including the US have imposed bans on buying Russian crude, which pushed up Brent prices. In addition, many oil companies