Shanghai Cooperation Organisation (SCO) and Global South strategic cooperation

tphuang

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looks like CEEC is getting into Vietnam's power market. IIRC, Vietnam keeps having issues with supplying enough power in summer time so they need grid improvement. CEEC can certainly help here
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From Seetao on the China/Vietnam rail situation. We will just have to wait some time for more details to come out here
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Part of China Pakistan rail program has already started progress. Pakistan is a good ally to have

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Yunnan has a crucial role in China's movements to southeast Asia in BRI rail projects
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sunnymaxi

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Saudi Aramco in talks to buy 10% of China's Hengli Petrochemical​


Saudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengli Petrochemical a deal which would further bolster Aramco's growing downstream presence in China.

Aramco is in talks with parent Hengli Group Co and signed a memorandum of understanding over the proposed transaction, which is subject to due diligence and regulatory approvals, Aramco said in a statement.

The potential deal "aligns with Aramco's strategy to expand its downstream presence in key high-value markets, advance its liquids-to-chemicals program, and secure long-term crude oil supply agreements," it said.

An agreement would be the latest in a string of Aramco deals with Chinese refiners.

In January, Chinese privately-controlled refiner Rongsheng Petrochemical, and Aramco announced they were in
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to take a 50% stake in each other's refineries in China and Saudi Arabia ..

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duskseeker

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What is the point of having India in SCO and BRICS when it sets to undo everything, Russia, Iran and China does? Plus them actually physically harming their South Asian neighbors makes them a huge liability in getting western nations infiltrating and getting those nations to plot against them?
 

tphuang

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Amazing cost control! As someone in that article said, this is a quantum leap for us.

I don't think anyone around us, in this part of Europe (even EU countries around) has it.


yep, he is right. China doesn't have too many friends in Europe, so the countries that are truly friendly to China will get treated very well.
 

tphuang

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very interesting to see this visit from Xi resulting in 18 agreements to be signed in Hungary.

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I mean China already builds a lot of stuff in Hungary so not much new here, but it's entirely in China's interest to improve Hungary's infrastructure so companies like BYD can build stuff in Hungary and sell to rest of Europe
 
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