The 12th G20 Summit will be held in Hamburg, Germany on 7th and 8th July. On this occasion the theme of the summit is “Shaping an Interconnected world”, expressing the participants’ desire to maintain an open trade system and promote globalization, and their resolve to do so. Economic globalization cannot be realized without the support of financial globalization, and therefore maintaining the stability of the global financial system is vital to global economic growth.
India, Bangladesh and Myanmar are all founding members of the Asian Infrastructure Investment Bank (AIIB). Under the frameworks of AIIB and the Silk Road Fund, some infrastructure projects and industrial projects related to the BCIM Economic Corridor are still possible.
The key to the Belt and Road lies in the connectivity of interests. Discovering and developing more common interests among different countries and regions through the Belt and Road will boost their cooperation in addressing many a conundrum.
US President Donald Trump and his Chinese counterpart Xi Jinping have kept on good terms. The two heads of state met again at the G20 Hamburg summit after their first face-to-face meeting at a Florida resort in April. This time they aimed at developing the 100-day plan for trade cooperation rolled out at the previous Mar-a-Lago summit into a one-year project.
In recent years, Hong Kong`s economy has been facing the pain of transition, amid financial turbulence at home and abroad and challenges to Hong Kong`s status as an international financial center from Singapore and other cities. At this critical moment, the Belt and Road (B&R) initiative can endow Hong Kong with new impetus.
G20 should recognize that developing countries hold the key to leading the world out of economic stagnation.
With the theme "Shape an Interconnected World," the G20 Hamburg organizers have kept consistent with the Hangzhou Summit`s themes of sustainable development and inclusive growth. As the premier forum for international economic cooperation, the upcoming Hamburg Summit is widely expected to address global issues such as Brexit, the refugee crisis, climate change and trade protectionism.
The "Belt and Road" initiative – which is aimed at boosting trade and infrastructure investment in neighboring countries – is one of the programs that will help continue this drive.
Indian Prime Minister Narendra Modi`s visit to the US last week has become a hot topic among media outlets in India, the US and China over the past few days.
China celebrates a great victory - the return of Hong Kong to its rightful historical place as part of China. That victory is even greater because, as President Xi Jinping, also General Secretary of the Communist Party of China (CPC) Central Committee and Chairman of the Central Military Commission, stressed, it was Hong Kong`s peaceful return to China, a rare case in Chinese and foreign histories, where lost lands were mostly recovered by force.
When Indian Prime Minister Narendra Modi went in for a bear hug with his US counterpart Donald Trump during their first in-person meeting, what did US scholars think?
It seems strange for a development economist to talk about what the western media called “the national strategy”. But Cheng Cheng would like to call the Belt and Road an initiative rather than a strategy.
Although China’s high-level Belt and Road summit concluded in Beijing two weeks ago, the debate it has generated will continue for quite a while — especially in countries like the United States, where attitudes toward the initiative are ambivalent at best.
The first Sino-US Diplomatic and Security Dialogue (DSD) kicks off in Washington on Wednesday. US Secretary of State Rex Tillerson and Secretary of Defense James Mattis, and their Chinese counterparts State Councilor Yang Jiechi and General Fang Fenghui, a member of China`s Central Military Commission (CMC) and chief of the CMC Joint Staff Department, will chair the dialogue.
This episode once again reflects the two sides of a coin of this giant developing nation - it is moving fast to modernization while it is returning to religious traditions.
The US can play a more constructive role on the Belt and Road Initiative (BRI), according to a group of Chinese experts visiting New York.
Theresa May`s loss of the Conservative Party parliamentary majority in the British general election is not only a result in an important European country with impact on the global situation, but has important lessons for international politics.
On June 1, 2017, US President Donald Trump announced his country`s withdrawal from the Paris Agreement on climate change. Not surprisingly, in his White House speech, he referred to China many times as an excuse for the US pullout. He said that the Paris Agreement was unfair to the US, and that he would begin negotiations to re-enter the agreement or an entirely new deal on terms more beneficial to the US.
Indians attach great importance to spiritual matters while Chinese are more concerned about material matters. Such different worldviews are the source and explanation of all differences between China and India as well as the misunderstandings the two peoples harbor toward each other.
Amid fears and confusion over the London Bridge terror attack, in which seven people were killed and 48 injured, the United Kingdom is set to go to the polls on Thursday. Undaunted by the three terror attacks in the UK in less than three months, Prime Minister Theresa May said her administration will step up the fight against Islamist extremism and complete the UK`s divorce with the European Union on schedule.