Together, Africa and China should spare no effort to rebalance economic globalization so as to advance Africa toward the “efficiency-driven” stage where competitiveness depends on higher education, better developed labor and financial markets, and the adoption of new technologies.
The leaders of China and Pakistan reached an agreement in 2013 to jointly promote the construction of China-Pakistan Economic Corridor (CPEC), which is a landmark in the history of bilateral relations. With the implementation of the CPEC project in the last five years, the traditional political and strategic relations between the two countries have transformed into a continuously deepening pragmatic partnership with an economic win-win strategy. The construction of CPEC is of strategic and econo
Although, most of the international organizations, including the World Bank and IMF, have credited China as the largest investment contributor and the biggest constructor for Africa, Western media and some government officials have misleadingly distorted China's loans to Africa as so-called "debt traps" or "neocolonialism."
The Belt and Road Initiative (BRI) was initially intended to establish connectivity throughout the Eurasian continent but has now gone beyond to reach Africa and Latin America. The network is a powerful global cooperation platform through the air, land, sea, and the Internet.
Sino-South Korean relations have plunged since the deployment of the US' Terminal High Altitude Area Defense (THAAD) anti-missile system in South Korea last year, which affected communication between the countries. It's understandable that seminars involving political and diplomatic relations between the two countries were affected.
The world is threatened by tariff hikes and prospects of a trade war, accompanied by improvised suggestions for abrupt changes in the international trading system. This is not only frightening but also paradoxical in light of the fairly consistent and positive developments in the global trade system over the past decades.
The US Indo-Pacific strategy seeks to use political (emphasizing democratic values), economic (exclusive institutional economic and trade arrangements), diplomatic (strengthening bilateral alliances and sowing discord between China and other countries), military (joint military exercises and arms sales) and other means to co-opt China’s neighboring countries to undermine China, contain China’s rise, and ultimately maintain US hegemony.
Malaysian Prime Minister Mahathir Mohamad's China visit that began on Friday is the most important high-level exchange since the new Malaysian government took office. The trip depicted a blueprint for bilateral cooperation and gave an answer to those pessimistic about China-Malaysia relations.
I once asked my African friends two questions: first, why can't Africa bring in Western capital and technology like China did in its reform and opening-up to supplement various factors of economic development and realize modernization? Second, why can’t the integration of Africa’s former colonizers in Europe bring about the integration of Africa?
Many people tend to associate Africa with words like "poor," "underdeveloped," or "disease," and hold negative views about China-Africa cooperation and investment. With the upcoming Forum on China-Africa Cooperation (FOCAC) Beijing Summit 2018 going to be held in September, Africa has been under the spotlight. I analyze 10 most common misunderstandings about Africa and China-Africa relations on the basis of my field research in more than 10 African countries.
From the second half of 2017 until he demitted office, the term “Indo-Pacific” was used repeatedly by US Secretary of State Rex Tillerson, representing the first appearances of the term in the official rhetoric of the Trump administration.
2018 is widely recognized as the "Historic Year" of China-Africa relations, when the third summit of the Forum on China-Africa Cooperation (FOCAC) will be held in Beijing in September. In the past 18 years, the FOCAC has been on the right track and achieved fruitful results. The forum has become an important mechanism for collective dialogue between China and Africa.
The most frequent excuse used by US President Donald Trump to support his reckless decision to launch a "trade war" against China is that China has taken advantage of the US. Many people, especially some Americans, seemed to be convinced, though the facts suggest differently.
In spite of globalization being a secularizing process, the revival of religion during our times has become a common phenomenon. The heart going back to God reflects a resistance to globalization and a resilience that stems from being marginalized in the process.
US President Donald Trump held a special press conference following the announcement of US annualized quarter-on-quarter growth of 4.1 percent in the second quarter to claim that this was "historic" - by which he meant "historically high." This was a particularly clear case of "fake news" coming from a US president.
Various political parties are gearing up for India's general elections slated for the first half of 2019. Apart from the fierce competition with opposition parties, there are internal conflicts within the incumbent Bharatiya Janata Party (BJP). Opposition parties, notably the Congress party, are anxious to defeat Prime Minister Narendra Modi and his BJP, while Modi's own party members are trying to replace him. It seems that the focus of the struggle is on Modi. So, have his domestic and foreign
In an effort to achieve "world peace," Donald Trump has decided to re-impose "the most biting" sanctions against Iran. The US has urged all its allies to cut off oil deals with Iran, the world's fifth largest oil producer, by zero this November.
This June the EU issued a formal communication following the dispute settlement procedures of the World Trade Organization. The EU is requesting consultations with China relating to Article 64 of the Agreement on Trade-Related Aspects of Intellectual Property Rights. The EU alleges China imposes restrictions on foreign intellectual property rights holders, who, because of restrictions, cannot freely negotiate market–based contractual terms of licensing and other technology-related contracts. The
The past 40 years have witnessed one of the most spectacular changes in history. Not only was China - in its period of reform and opening-up - able to lift more than 800 million people out of poverty, it has also influenced, in a very positive manner, the global economic development.
The development of emerging Asian economies is entering a bottleneck due to the structure of employment. On the surface, boosting employment is the main challenge, but in essence, the existing employment structure is unstable. This jeopardizes sustainable development.