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Ding Gang: China leaves its mark in Philippines
Intramuros is the historic center and oldest district of Manila, the capital of the Philippines. Fort Santiago, an iconic building located in Intramuros, was built between 1589 and 1592. History has left four deep imprints on the fort, symbolizing the four most important periods in the history of the Philippine archipelago.
2019-08-05 -
John Ross: Washington ties with pro-Brexit group could limit mutually beneficial UK-China relations
Two days after Boris Johnson became the UK's prime minister, the Financial Times noted that British Brexit Party leader Nigel Farage held a major New York fundraising event for a new lobbying body W4B (World4Brexit) to campaign for the UK to leave the European Union (EU). Farage added that he met with President Donald Trump at the White House on July 24, the day Johnson became prime minister, when Trump urged him to join forces with Johnson to "realign" British politics.
2019-08-05 -
Zhao Minghao: Detractors drive US bitterness against China
The Trump administration's China approach recently triggered a new round of debates within the US, with both sides of the aisle expressing their views through open letters to US President Donald Trump. Amid growing bilateral tensions, the US narrative on China is being metamorphosed.
2019-08-05 -
Ding Gang: Indonesia on track with China’s standards
What most impressed me at a construction site of the Jakarta-Bandung high-speed railway is that the project adopts Chinese technology and standards in full measure. Many advanced technologies have been applied and tailored, taking into consideration the local weather and geological conditions.
2019-07-25 -
John Ross: Brexit explains why Britain has played such a provocative role in Hong Kong
On Tuesday Britain announced that Boris Johnson became its new Prime Minister. This event has significant implications for China - including for Hong Kong and for Huawei. Johnson’s project is to turn Britain into the equivalent of the 51st state of the US – but without the right to vote! Because some Chinese media wrongly believe that Brexit is a domestic British issue, without major implications for China, or wrongly treated Boris Johnson as some sort of amiable fool, it is necessary to correct this and see clearly what is taking place and its consequences for China.
2019-07-25 -
How far away is the RCEP from achieving the goals?
In central China's Zhengzhou city, a new round of negotiations on the Regional Comprehensive Economic Partnership has entered a second day. RCEP is a proposed free trade agreement involving ASEAN members and Asia-Pacific countries. The ten-day talks will pave the way for a ministerial conference next week in Beijing. CGTN is joined in studio by Liu Zhiqin, a senior fellow at the Chongyang Institution for Financial Studies, at the Renmin University of China.
2019-07-25 -
US’ unilateral sanctions on Chinese oil trading firm ‘illegal’: experts
US Secretary of State Mike Pompeo said Monday (US time) that the US is imposing economic sanctions on a Chinese state-owned oil trading company Zhuhai Zhenrong Co and its top executive for purchasing Iranian oil, which has violated the recent US sanctions on Iranian oil exports.
2019-07-24 -
China’s STAR market sets off active trading as ample capital pours in
The first trading hours on China's new Science and Technology Innovation Board (STAR) set off with great volatility and active trading on Monday morning, as capital quickly poured into the new board that supports homegrown technology start-ups in China. As of 11:30 am, the close of the morning session, all 25 STAR companies, which range from lithium battery material makers to machine vision intelligent manufacturing companies and biotech firms, have doubled their share prices.
2019-07-24 -
Scholars criticize US' hostility for China
Countering China has been counterproductive for the United States and hurt global development, according to Chinese scholars, who called for more rational dialogue and cooperation between the two nations. The seminar, Development of China and the World, was hosted on Monday by Renmin University of China. It invited experts and scholars in economy and trade, international relations and military issues to discuss a recent open letter written by a retired US veteran, with 130 others listed as co-signatories.
2019-07-24 -
Zhang Jingwei: Lifting Huawei ban can remove pressure on US firms, show goodwill to Beijing
To unblock Huawei, the US has to drop it from the blacklist and completely remove the ban. This will build mutual trust between the two countries. Starting from mutual trust, the two sides can negotiate a deal faster to the benefit of firms in both countries.
2019-07-23 -
Chen Chenchen: RCEP mirrors free trade aspiration from emerging world
A new round of negotiations on the Regional Comprehensive Economic Partnership (RCEP) kicks off in northeast China's coastal city of Dalian this week. The RCEP aims at lowering trade costs among Asian countries to facilitate the construction of a mega free trade network. The significance of the RCEP directly lies in its scope - covering a half of global population and a quarter of global GDP - it would shape the world's largest free trade bloc if successfully achieved.
2019-07-23 -
Hua Chunying’s appointment as director-general of FM’s information department hailed by public
On Monday, Hua Chunying took over poat from Lu Kang as head of the Foreign Ministry's information department. Hua's soft and graceful manner while taking a tough stance on issues reflects China's modern diplomacy which entails making sincere friends and standing firm on matters of principle.
2019-07-23 -
China-US tension to ease temporarily
Ongoing trade tension between China and the US is likely to ease in the near future, but some volatility in the bilateral relationship may remain, and Beijing's resistance to external pressure has far exceeded US expectations. Even though bilateral disputes are likely to moderate temporarily, China still needs new solutions and measures to firmly stick to its development path centered on reform and opening-up.
2019-07-23 -
Investors stay cautious on China's sci-tech board as investment values are murky
China's much-anticipated stock trading board for high-tech startups is off to a bounding start, as capital floods the new board with rising public anticipation for returns.
2019-07-22 -
Rethinking the international monetary system
In 1944, the Bretton Woods system was established to replace the gold standard with the U.S. dollar as the global currency. The system ended in 1971 when President Nixon broke the gold peg, but the U.S. dollar remains dominant among global currencies. Over the last 75 years, how has the world changed?
2019-07-22 -
Green routes to high-quality development
Clean energy, environmentally friendly technology, green infrastructure, planet-preserving finance... sustainable economic development on a global scale is achievable with sustained efforts, sharp focus, visionary policy and imaginative project implementation－that's the takeaway for umpteen businesses participating in, and benefiting from, China-led Belt and Road Initiative, experts said.
2019-07-22 -
HK remains finance hub despite riots
Social unrest in Hong Kong is weighing on business sentiment and local capital market, which faces a bumpy road after several companies dropped or delayed their IPO plans. However, the special administrative region (SAR), as a global financial hub and the freest market, is expected to remain competitive under the policy of "one country, two systems," business representatives said.
2019-07-19 -
Liu Ying: China's economic growth remains stable
China's GDP expanded 6.3% year-on-year in the first half of 2019, according to the data released by the National Bureau of Statistics (NBS) on Monday.
2019-07-19 -
China weighs more balanced approach to growth in H2
China is mulling a balanced approach that would help keep economic growth at a stable range in the second half of the year, while avoiding opening the floodgates of stimulus that would raise debt and create more risks, after economic growth in the first half showed stabilizing signs but also highlighted persistent downward pressure.
2019-07-18 -
Ding Gang: Stability of Gulf countries comes from within
Dubai's opening-up is behind the Emirate's prosperity, but long-lasting prosperity depends on enduring stability. Any visitor who stands on the 828-meter-tall Burj Khalifa - the tallest building in the world - and looks at the Strait of Hormuz is immediately forced to reckon the threats to the Gulf region's stability.
2019-07-18
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