In a partnership expected to be announced early May, Chinese ride-hailing company Didi Chuxing and Volkswagen (VW), the world’s largest car manufacturer, will be become equity partners in a joint venture focused on ride-sharing. The two companies plan on perfecting a fleet of green vehicles, special models specifically for ride-sharing are…..Read More Here – Adriana Ray
Over Easter Weekend, (March 31-April 1) then CIA Director Mike Pompeo and other intelligence officials make a secret trip to North Korea as a representative for the Trump administration. The goal of the trip was to lay the groundwork for talks between Kim Jung-un,…..Read More Here – Adriana Ray
On Tuesday, April 19, Chinese leaders announced they will be loosening restrictions on foreign ownership of car manufacturers incrementally through to 2022. Current legislation does not permit foreign car manufacturers to own more than 50 percent of joint ventures with local companies…. Read More Here – Adriana Ray
China recently announced plans to build up ports in Vanuatu, a small south Pacific Island nation off the Northeast Coast of Australia that could lead to significant duel use by Chinese merchant ships and naval vessels. Additionally, investments into Brunei, Pakistan, and Djibouti ports signify Beijing’s determination to move China’s largest infrastructure plan forward resulting in significant strategic benefits when implemented. – Adriana Ray
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