From fixed to floating housing loan interest rates, buyers should choose rationally

Different people have different opinions on interest rate trends, and their calculation methods have their own advantages.What impact does the "change of anchor" mortgage interest rates have on us? Make up the down payment, borrow money to buy a house, and mortgage interest rates are topics of great concern to home buyers. Recently, the Industrial and Commercial Bank of China, China Cons...

John Ross: The Decisive Role of Poverty Reduction in China's 2020 Targets

CGTN: Chinese Valentine's Day hints at real comeback of retail sector

Tuesday marks Chinese Valentine's Day, also known as the Qixi Festival. For many businesses in China, it's totally different compared to Valentine's Day on February 14, when the country was grappling with the COVID-19 outbreak.

China-US Trade Talks: Review of Phase 1 deal

It's been more than six months since China and the U.S. signed that trade agreement. Our reporter Wang Hui reviews what the phase one deal includes.After nearly two-year long trade dispute, China and the U.S. finally inked their phase-one agreement in January this year, which took effect on February 14th.

China, ASEAN to enhance tech ties under BRI framework

Under the Belt and Road Initiative (BRI) framework, the cooperation between China and the Association of Southeast Asian Nations (ASEAN) has made great progress in infrastructure and trade. Though COVID-19 severely impacted traditional industries this year, China and the ASEAN are seeing new opportunities to accelerate cooperation on technology.

Vijay Prashad: Why Cuban Doctors Deserve the Nobel Peace Prize

Five years ago, I read the story of Dr. Félix Báez, a Cuban doctor who had worked in West Africa to stop the spread of Ebola. Dr. Báez was one of 165 Cuban doctors of the Henry Reeve International Medical Brigade who went to Sierra Leone to fight a terrible outbreak in 2014 of a disease first detected in 1976. During his time there, Dr. Báez contracted Ebola.

Wang Wen: Multipolar history is a lesson for rising China

Among fellows of all think tanks, I admire British historian Arnold Joseph Toynbee (1889-1975) the most. He is best known for his 12-volume A Study of History, which contains more than 3 million words and about 7,000 pages. These tomes trace the development and decay of 19 world civilizations in the historical record, most of which can be described as the most profound illustrations of human civilization.

Conway's departure deepens negative image of Trump administration, shows a society divided by politics

Few days after Steve Bannon, former advisor of US President Donald Trump, was arrested and charged with fraud, another long-standing advisor Kellyanne Conway announced on Sunday to leave the White House, which observers believe may deepen the negative image of Trump administration and update people's impression to the world largest power.

Wang Yiwei: China, ASEAN to enhance tech ties under BRI framework

Under the Belt and Road Initiative (BRI) framework, the cooperation between China and the Association of Southeast Asian Nations (ASEAN) has made great progress in infrastructure and trade. Though COVID-19 severely impacted traditional industries this year, China and the ASEAN are seeing new opportunities to accelerate cooperation on technology.

Liu Zhiqin: Politicians who only”fight” but not”reasonable” are taking the United States into a new”mud.”

Looking at the various words and deeds of this administration of the United States, many people have begun to suspect that a few politicians in the United States seem to behave abnormally, with uncertainties that ordinary people cannot predict. It may be more appropriate for us to diagnose important members of the US government as”political autism.” Two years ago, we just thought they were “suspected”, but after two years of observation and analysis by the international community, it can be confirmed that these American political elites are indeed suffering”Political Autism”.

Wang Yi's Europe visit to call for multilateralism, strengthen cooperation amid US' unilateralism

Chinese State Councilor Wang Yi's upcoming Europe visit will help consolidate China-Europe relations, explore practical cooperation in responding to the pandemic and call for multilateralism amid US unilateralism and attempts to form an anti-China alliance in Europe, analysts said. Wang, who is also the Foreign Minister, will visit Italy, the Netherlands, Norway, France and Germany in his first overseas visit since the COVID-19 pandemic. The week-long visit has been welcomed by the relevant countries and demonstrates that both sides attach great importance to China-Europe relations, said Zhao Lijian, spokesperson of the Chinese Foreign Ministry, on Monday.

Positive signal for trade talks with US

China has approved plans by US-based asset manager BlackRock Inc, together with Singapore's Temasek Holdings and China Construction Bank Corp (CCB), to establish an asset management joint venture in China, a move industry observers said sends a positive signal ahead of a much-anticipated call between China and the US over the phase one trade agreement in the coming days.

Djoomart Otorbaev: A road trip in Gansu shows effectiveness of campaign to end poverty

At the end of July 2019, I visited the Gannan Tibetan autonomous prefecture in Gansu province that has a population of about 700,000. We drove 230 kilometers from Lanzhou, capital of Gansu, to Hezuo, the prefecture seat area of Gannan, on a first-class highway through picturesque landscape, and passed through many excellently designed and built tunnels several kilometers long. The cost of building those tunnels alone could easily be in billions of dollars. And to think that China has spent such a huge amount just to make the lives of less than 1 million people better.

【CGTN】Experts analyze top Chinese diplomat's visit to South Korea

China's top diplomat Yang Jiechi visits the South Korea city of Busan. Yang will meet South Korean National Security Advisor Suh Hoon. The meeting has major geopolitical as well as post-pandemic implications. CGTN Host Tian Wei speaks to scholars from China and South Korea to shed light on this groundbreaking meeting.

Regulators investigating Next Digital's abnormal trading prices

Hong Kong market regulators have questioned some securities firms and requested customer information and transaction records regarding the "abnormal stock prices and trading volume" of Jimmy Lai Chee-ying's media firm Next Digital, local media on.cc reported Thursday. Shares of Next Digital plunged by 41.54 percent Thursday to close at HK$0.38 ($0.049). Chinese analysts said the roller-coaster performance of Next Digital shares over the past few days showed signs of international capital making a splash at a time of Lai's arrest and bail.

Biden 'smoother' to deal with

Although most observers, polls and surveys made by US media outlets and institutes, as well as Chinese experts predicted that Joe Biden could defeat Donald Trump to become the next US president in the November presidential election, but if Trump is reelected, it won't become another Black Swan incident like his victory in 2016. Biden was officially nominated as the Democratic Party's presidential candidate at the party's convention Tuesday. The Democrats' national convention showed unity as all senior members and several former Democratic presidents endorsed Biden.

Vijay Prashad: The tragic assassination of Colombia’s sports hero Patrón, lover of football and his Afro-Colombian community

Not much, apart from football, unites the Colombian people. If a 2014 Interior Ministry survey called “The Power of Football” is to be believed, then 94 percent of the Colombian population say that football is either important or very important. Patrocinio Bonilla—called Patrón—was on the side of those who believed that football was very important, indeed essential. Patrón was murdered on August 11, 2020. Patrón lived in Chocó in northwestern Colombia, where 96 percent of the people identify as Afro-Colombian or as part of the Emberá Indigenous community. Chocó is treated as a backwater of the country, with no real infrastructure in the province’s expanse and little social policy to enhance the lives of its population.

Hopes slim for US TikTok employee’s lawsuit against US government: lawyer

A US TikTok employee is reportedly seeking to file a lawsuit against US President Donald Trump's administration, but observers said there is little chance of winning the case. However, the company could find other legal strategies to defend its rights, they said. Patrick Ryan, a TikTok employee in the US, has started a crowdfunding campaign to raise funds to sue the Trump administration over the executive order forcing the sale of the US branch of the company.

Vijay Prashad & Manuel Bertoldi: Will there ever be elections again in Bolivia?

On November 10, 2019, President Evo Morales Ayma of Bolivia announced his resignation from the presidency. Morales had been elected in 2014 to a third presidential term, which should have lasted until January 2020. In November 2019, protests around his fourth electoral victory in October led to the police and the military asking Morales to step down; by every description of the term, this was a coup d’état. Two days later, Morales went into exile in Mexico.

Liu Ying: Debt risks should be reduced to ensure smooth economic recovery

Guo Shuqing, chairman of China Banking and Insurance Regulatory Commission, has once again emphasized the importance of reining in financial risks, especially because the novel coronavirus pandemic has created uncertainties in China's external market and put downward pressure on the domestic market. That Guo's article, first published in Qiushi magazine, was also posted on the central bank's website on Sunday shows how important it is to control the financial risks.