A Chinese company has offered the Taliban $10 billion and a proposal to build key strategic infrastructure connecting north-south Afghanistan in exchange for access to the country’s lithium reserves. Some experts raised concerns that the offer would allow the Chinese regime to expand its influence in the region. The proposal was discussed between a representative…
IN-DEPTH: Chinese Firm Offers Taliban $10 Billion for Access to Lithium
IN-DEPTH: The Real Reason Behind China’s $10 Billion Offer to Taliban for Lithium
A Chinese company has offered the Taliban $10 billion and a proposal to build key strategic infrastructure connecting north-south Afghanistan in exchange for access to the country’s lithium reserves. Some experts raised concerns that the offer would allow the Chinese regime to expand its influence in the region. The proposal was discussed between a representative…
Thailand Cabinet Approves Bill Allowing Foreigners to Buy Land and Houses
Thailand’s cabinet on Tuesday approved a bill allowing foreigners to buy up to one rai—the Thai equivalent of 0.4 acre—of land and houses if they invest 40 million baht ($1.1 million) in the country over three years. The Interior Ministry put forward the proposal, which is aimed at wealthy expats, retirees, and digital nomads who…
Key Economic Questions Ahead of China’s National Congress
Commentary Chinese investors have been battered this year so far. They will watch closely the upcoming twice-a-decade Chinese Communist Party (CCP) national congress in October for signs of a shift in economic policy. There are numerous headwinds facing China’s economy—rolling COVID-related lockdowns, a real estate market downturn, ongoing trade issues with the United States, Beijing’s…
California, New York: Top Destinations For Wealthy Chinese Seeking to Leave China
The Chinese Communist Party’s (CCP) draconian COVID measures and economic policies have driven many wealthy Chinese residents to leave or at least plan to leave China. Many wealthy individuals have transferred their assets abroad through overseas investment, property purchases, or offshore trusts, with California and New York being their top destinations. According to investment migration…
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