Shanghai Cooperation Organisation (SCO) and Global South strategic cooperation

so when it comes to China/Australia trade, the far and away top import item for China is iron ore. Accounting for about 60% of imports


This is why China runs a major trading deficit despite imposing those sanctions.

if you look here, the prices are still too high


so the way to tackle this import deficit from Australia can only be done by help other iron ore producers like Brazil, Guinea to bring more capacity online and causing prices to tank

tphuang said:

here talks about how China/Brazil agriculture cooperation is at an all time high. land in Brazil is so fertile. But maybe with some Chinese help, yield can get even better
...
The Westerners are fuming. But let's be real here. In order to crush Western farming industry, sanction is not the way to go. creating more production at lower cost is the way to go. That's where China comes in. Help them build the infrastructure and provide technology to increase their yield.

Click to expand...

Brazil has huge amounts of land that they could use to cultivate which isn't being used right now.

Their main restriction to increasing acreage and reducing costs is lack of access to cheap bulk transportation. For that they need to improve their railways and ports.

tphuang said:

so when it comes to China/Australia trade, the far and away top import item for China is iron ore. Accounting for about 60% of imports
...
This is why China runs a major trading deficit despite imposing those sanctions.
if you look here, the prices are still too high
...
so the way to tackle this import deficit from Australia can only be done by help other iron ore producers like Brazil, Guinea to bring more capacity online and causing prices to tank

Click to expand...

China could also increase their steel recycling. But while it is still doing loads of construction steel demand is sure to continue being high.
Demand will likely remain high for the next two decades.

gelgoog said:

Brazil has huge amounts of land that they could use to cultivate which isn't being used right now.

Please, Log in or Register to view URLs content!

Their main restriction to increasing acreage and reducing costs is lack of access to cheap bulk transportation. For that they need to improve their railways and ports.


China could also increase their steel recycling. But while it is still doing loads of construction steel demand is sure to continue being high.
Demand will likely remain high for the next two decades.

Click to expand...

i agree that steel scrapping is necessary. From what I hear, that's part of their plan. But even with that, they expect domestic + scrapping + oversea China controlled sources to only be 60% over next few years. So there is still 40% they need to import from overseas. If they can improve more of the infrastructure to iron ore in global south countries, then they can get the price lowered.

resistance said:

That's what Pakistan did, not Saudis. Saudi does distancing from Pakistan to get closer with India. India will be the last place to buy large amount of oil as china is going to rely significantly less on Petro.

Due to this trend, Pakistan will forced to distance from Saudis for getting too close to India.

Click to expand...

Wishful thinking.

Who says a nation of 240 million Pakistanis today does not need oil or won't be needing oil as much as India requires for the foreseeable future?

PakistaniDragon said:

Wishful thinking.

Who says a nation of 240 million Pakistanis today does not need oil or won't be needing oil as much as India requires for the foreseeable future?

Click to expand...

India has 1.4 billions population with higher GDP per Capita. India will definitely able to buy much more oil than Pakistan. This is not wishful thinking.

After the recent ouster of the Vietnam president, who is considered to be in liberal faction, we now have a visit from National Assembly Chairman Vuong Dinh Hue

Chinese President Xi Jinping and Chairman of the National Assembly of Vietnam, Vuong Dinh Hue, recently met in Beijing to discuss strengthening the China-Vietnam community with a shared future. The meeting focused on enhancing strategic connectivity and cooperation in various sectors, including railways, expressways, maritime, aviation, finance, and digitalization. This event comes after the surprise ouster of Vietnam's president, sparking discussions about the future of party-to-party relations between the two countries. The visit by the Vietnamese National Assembly Chairman to China is seen as an opportunity to create new growth points for cooperation between the nations.

Click to expand...

I do like the part about growing railway, expressway, maritime and aviation. Adding link between China and Vietnam will more easily integrate Vietnam into China's economy. I wonder if there is some rethinking in Vietnam leadership about their efforts to work with the West that has led to lack of rail connection to China while Laos got it finished first and now are enjoying the commerce from that


Lavrov meeting Wang Yi, likely setting stage for a Putin visit this year

tphuang said:

remains to be seen if China builds HSR in Vietnam, but they are talking right now

Please, Log in or Register to view URLs content!

Click to expand...

alright, this is happening


big day for China & Vietnam relationship

tphuang said:

alright, this is happening

Please, Log in or Register to view URLs content!

big day for China & Vietnam relationship

Click to expand...

Definitely a major and encouraging development for China and Vietnam indeed.

Speaking of the routes, the Hanoi-Haiphong-Hanoi and Hanoi-Lang Son HSR Lines definitely makes a lot of sense.

For the Hanoi-Haiphong HSR Line:
1. Hanoi and Haiphong are Vietnam's 2nd (8.5 million) and 3rd (2.1 million) largest cities respectively. Connecting them both means a much greater integration between both major cities, which should be a massive boon for the overall of northern Vietnam.
2. Hanoi and Haiphong are essentially Vietnam's Beijing and Tianjin, with Hai Duong in-between (which is similar to China's Lanfang). It would be considerably easy for Hanoi to replicate Beijing-Tianjin intercity relations onto Hanoi-Haiphong, should they desire to.
3. The regions connecting Hanoi and Haiphong are generally flat terrain, and with only ~90 kilometers separating the two cities, a HSR line is easily doable. (Guangzhou-Shenzhen is actually further apart)

For the Hanoi-Lang Son HSR Line:
1. From Hanoi to Long Son is around ~150 kilometers, which should be doable despite the increasingly difficult terrain going northwards of Hanoi. If anything, the Boten-Vientiane line located in neighboring Laos can sort-of become a textbook reference for Vietnam here.
2. Beyond Lang Son, there's only ~200 kilometers of straight-line distance left until Nanning. At present, the Nanning-Pingxian HSR line capable of 250 km/h has been built till Chongzuo, while the Chongzuo-Pingxian segment is under construction. Once the HSR segments on both sides are completed, Hanoi would have a direct HSR connection to Nanning.
3. Connecting Hanoi to Nanning through Lang Son and Pingxian means Hanoi (and the overall of northern Vietnam) will be better economically and socially integrated to the Pearl River Delta through further existing HSR connections to Guangzhou.

At the same time, while the northern HSR routes are being seriously worked at, China and Vietnam should probably start preliminary work on HSR route that would link Hanoi and Da Nang (5th most populous city in Vietnam), which means extending the HSR network halfway across Vietnam.

And speaking of Ho Chi Minh? Maybe they can wait for a little while.

Looks like work has already started on the China-Thailand rail road 31.92% of phase 1 already completed

more on this one


more on China/Vietnam relationship improvement