Tag: COSCO Group (China Ocean Shipping Co)

Red Sea Attacks Leave Shipping Companies With Difficult Choices

Media Library

The shipping companies that move goods on one of the world’s busiest trade routes for factories, stores, car dealerships and other businesses face an excruciating decision. They can send their vessels through the Red Sea if they are willing to risk attacks by the Houthi militia in Yemen and to bear the cost of sharply higher insurance premiums. Or they can sail an extra 4,000 miles around Africa, adding 10 days in each direction and burning considerably more fuel. Neither option is appealing and both raise costs — expenses that…

NATO Nations Grow More Receptive to U.S. Pleas to Confront China

Chin@Strategy

The discussion on China marked a shift toward a harder line on the challenges and threats it represents, especially among foreign ministers from previously more ambivalent countries, like Italy, Belgium, Spain and Portugal, some of whom called for less talk and more action to build a China strategy. Areas of concern included investment screening to protect key industries, infrastructure, cyber, technology and intellectual property, especially as countries are feeling the reach of China domestically and fear the West may be falling behind in important areas like artificial intelligence. The focus…

Did Germany Learn From Its Russia Trouble? The Test May Come in China.

Chin@Strategy

BERLIN — Germany understood the trap of strategic vulnerability that it had laid for itself in relying so heavily on Russian gas only after Moscow invaded Ukraine and turned off the spigot. But whether that lesson has been fully absorbed may be tested elsewhere: China. As Chancellor Olaf Scholz prepares for his first visit to Beijing on Thursday, a planeload of executives in tow, Germany’s intelligence chiefs and allies are warning him against pursuing business as usual with a China that is saber-rattling in the Taiwan Strait. Were tensions to…