China is not afraid of the US on trade issues. It is better for the trade war not to happen since it will hurt both sides. But if the trade war happens, China will win. It may be an unexpected outcome even for US President Donald Trump who, like other US elites, believes the US has advantages.
Foreign tourists who visit Iran the first time will be surprised at the calm of the Iranian people who are living under US sanctions. In Iran, there is a wide variety of food in supermarkets. All kinds of local cuisine, at bargain prices, fill Iran's restaurants.
In the late 1990s, the academic community in China's Yunnan Province proposed economic cooperation with Bangladesh, India, and Myanmar. The idea was embraced by academics from the three neighboring countries.
Current US administration actions on trade make it important to carry out a calm objective comparison of the economic situation of China and the US. This is particularly necessary because the US administration engages in inaccurate boasting while China tends to present its economic situation in a calm, even modest, way. But, in very serious matters, there is no virtue in exaggeration -- there is only virtue in realism.
As the 2019 Indian general election gets underway, there has been discussion about whether India has lagged further behind China over the past five years under the Modi government.
BEIJING, May 13 (China Economic Net) - Many Pakistani friends are concerned about the issue of Xinjiang in China. However, the recent report on Xinjiang by some Pakistani media is not fair and contrary to the facts and truth. We would like to clarify the facts of Xinjiang to our Pakistani friends, and prove that Xinjiang is safe and stable with good momentum for development.
According to information released by the U.S., Trump's "backpedaling" is directly caused by Beijing's attempt to renegotiate a trade deal. In addition, Trump feels pretty confident in threatening new tariffs, emboldened by promising economic data and a well-performing stock market at home.
Kiron Skinner, director of policy planning at the U.S. Department of State, said at the Future Security Forum last week that the Donald Trump administration is dealing with a "clash of civilizations" with China.
The world has changed dramatically over the past few decades and is trending today toward greater complexity and diversity. The popular “clash of civilizations” theory proposed by Samuel P. Huntington is somewhat too simple for modern society. However, this thought is now coming back to life, and might even be unilaterally implemented into policy practice in the United States toward China. Kiron Skinner, the U.S. State Department’s policy planning head, has reignited this discussion with her recent observation that China is “not Caucasian” at a recent event. Her broader remarks made clear that the U.S. State Department taking pains to prepare for a “clash of civilizations” with China.
Chinese Foreign Ministry on Thursday slammed "someone in the US side" who makes endless attacks on China, in response to US Secretary of State Mike Pompeo's frequent accusations against China at different international occasions.
After months of negotiations, it seemed like China and the U.S. were entering the final stage of their trade talks. However, on May 5, only three days before the planned 11th round of China-U.S. talks in Washington, President Donald Trump suddenly announced that he would hike tariffs to 25 percent from 10 percent on 200 billion U.S. dollars' worth of Chinese goods.
"History is back," said French Economy Minister Bruno Le Maire of present-day Europe. In a way, he's right – the Europe that was once beset by war is returning to a state of divisiveness as its experiment with solidarity comes apart due to rising populist sentiments.
Prime Minister Imran Khan has successfully concluded a friendly visit to China. During his visit, Mr. Khan not only had a cordial meeting with President Xi Jinping and Premier Li Keqiang, but also signed a series of cooperation agreements. As of the end of April 2019, 11 of the 22 early harvest projects in the China-Pakistan Economic Corridor (CPEC) have been completed, and the remaining 11 projects are under construction. It is particularly worth mentioning that about 70% of the 870 MW Suki-Kinari Hydropower Project (SKHPP) constructed by China Energy Engineering Group Co. has been completed.
Some Indian media regard this as the result of pressure from India and the US. China is more concerned whether the adoption of the resolution may help India and Pakistan fight terrorism jointly. This is the current top priority.
A total US ban on the purchases of Iranian crude oil took effect on May 2, according to the Voice of America. Last month, US Secretary of State Mike Pompeo announced the US would not extend sanctions waivers for Iranian oil importers including China, India, Japan, South Korea and Turkey. The countries were told to stop buying Iranian oil by May 2, or face sanctions.
President Xi Jinping has pointed out on many occasions that the world is undergoing changes not seen for a century. For nearly 100 years, human beings have experienced two world wars, the Great Depression, the financial crisis, and countless regional hotspots and local wars. At the same time, the establishment of an international system centered on the United Nations, including the Bretton Woods system, has given the world a measure of overall peace for more than 70 years. The world economy has also made progress in leaps and bounds. Countries have reached a level of interconnectedness and interdependence in politics, economy, culture, science, and technology that has not been seen for 100 years. Today, the world is once again facing big changes, bringing about strong shocks and great uncertainty. Human beings are once again confused by the world they live in and are anxious about the prospects of the world order. We need to think hard about what these changes mean to the future of the
The globalization of the world economy is entering a transformative period of evolution from the traditional mode of the knowledge economy to the age of artificial intelligence (AI) and other digital-based technologies. Accompanying this comes a fundamental shift in what it means to be a leader in the marketplace and in the technology sector in particular.
It is indeed thought-provoking for me standing in front of a picture showing some female students taking a group photo after a theatrical performance in the 1930s, as showcased in the Xiamen University history exhibition. The university, like many peer universities in China, is celebrating the 100th anniversary of the May Fourth Movement solemnly.
The Belt and Road Initiative (BRI) has received wide participation and attention from the world since it was proposed six years ago. It is expanding its “circle of friends” and achieving more and more progress.
This is an important year for Europe as economic slowdown is likely - the IMF projects EU growth will fall to 1.6 percent in 2019. Regarding major external influences which can improve or worsen this situation, the US will also slow, the IMF projecting a decline in growth from 2.9 to 2.3 percent, while China's growth is expected to be far higher at 6.0-6.5 percent.