US moves to lend support as demonstrations lose steam

The US House of Representative is expected to pass the so-called "Hong Kong Human Rights and Democracy Act" on Tuesday (US time), almost the same time with Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor's policy address scheduled for Wednesday morning, which intended to solve underlying problem for the Hong Kong society. Experts said the US wants to make full use of the Hong Kong turmoil to continue pressuring China and to incite anti-government protesters in the city, whose momentum is waning due to endless violence and illegal activities.

Ding Gang: China, South Korea cross paths in industry

South Korean tech giant Samsung reportedly shut down its last mobile phone factory in China in early October, signaling the chaebol's complete withdrawal from the burgeoning smartphone industry in the world's second-largest economy. This is an obvious result of industrial competition between China and South Korea, prompting the warning that intensifying competition between the two countries' industries can't be ignored.

Stray dog mercy killing plan sparks controversy

A Shenzhen plan that allows the mercy killing of stray dogs, which are not adopted for more than 14 days, has sparked controversy on whether it is the best way to manage strayed animals. The urban management department of Shenzhen in South China's Guangdong Province issued a notice, soliciting public opinions for a draft decree on dog management, the People's Daily reported on Monday. For dogs that are dangerous and aggressive and those that have not been adopted for more than 14 days, the relevant departments can perform painless euthanasia, the draft said.

Ma Jun: Chinese green finance solutions prove their worth

Shifting to new environmentally friendly growth drivers has helped set the country on the path to sustainable growth. China has become one of the biggest economies in the world, but the economy is under pressure to adopt a new development model given that environmental issues such as air, water and soil pollution can hit sustainable development. A business-as-usual approach, which involves high energy consumption and high carbon emissions, has become untenable in the wake of global warming. Hence, the transition toward a low-carbon future is inevitable for a responsible stakeholder such as China.

Expert on 'substantial progress' of China-U.S. trade talks

Negotiators say "substantial progress" has been made after two days of trade talks between China and the United States. They discussed agriculture, intellectual property and expanding trade and technology transfers. Chinese President Xi Jinping said a healthy and steady relationship is good for both countries and the world. And U.S. President Donald Trump gave "tremendous credit" to China for the progress in talks. The two sides also agreed to work towards a final agreement.

Strengthened China-Nepal ties could help Nepal go further

Wang Wen: Xinjiang deserves respect from the world

A man called Muztagata, so goes the tale, always went to distant places to fight enemies, and when he finally came home, he found his wife and nine children, who had been waiting for him to come back, had turned into icebergs. Then Muztagata himself turned into a high mountain to accompany his family and safeguard what is now Bulungkol township, Akto county in Kizilsu Kirgiz Autonomous Prefecture, the westernmost part of China. At the foot of Mount Muztagata, Li Wenjuan, chief of the Communist Party of China (CPC) local township committee in Bulungkol, told me the tale about love, home and country. But to me, the story of Li herself is more touching. The petite 29-year-old woman is as powerful as Muztagata.

China and Africa: Renewing friendship and expanding cooperation

What is the first word that comes to your mind when someone talks about China-Africa relationship? Friendship, many Chinese people would say. Yes, China and African countries enjoy a time-honored friendship. More than 600 years ago, Chinese navigator Zheng He made seven trips to the Western Ocean, four trips to Africa. Moreover, at the Bandung Conference in 1955, then Chinese premier Zhou Enlai shook hands with the African leaders for the first time. By the beginning of this century, the establishment of the Forum on China-Africa Cooperation had opened a new door of friendship between China and Africa.

Nation needs to prepare for all possible trade scenarios

China should continue to prepare for all scenarios in future trade talks with the US while ramping up efforts to resolve disputes between the world's two largest economies, Chinese observers told the Global Times on Sunday. US President Donald Trump told reporters Friday (US time) that the two sides were close to ending the trade war."There was a lot of friction between the United States and China, and now it's a lovefest. That's a good thing," Trump said, according to a Reuters report. Trump said it could take up to five weeks to get a pact written, noted the report.

Long Xingchun: Xi’s India and Nepal visits bring trilateral ties in focus

Chinese President Xi Jinping's informal meeting with Indian Prime Minister Narendra Modi has made waves with bilateral ties getting a fillip amid a new warmth pervading the relationship. Xi's ensuing visit to India's northern neighbor Nepal is the first by a Chinese president in 23 years and has lifted the bilateral relations to a new level. Since the two countries established diplomatic ties in 1955, China and Nepal have maintained good relations.

NBA controversy highlights China's red line on sovereignty

The controversy that the National Basketball Association has found itself in goes to the heart of China's red line on sovereignty. "You have to understand what is really happening in Hong Kong in order to understand the reaction inside China," said John Ross, senior fellow at the Chongyang Institute for Financial Studies of Renmin University of China, in an interview last week on By Any Means Necessary, a program of Russia's Radio Sputnik.

Uncertainty remains ahead of China-US trade talks

China's trade delegation, led by Vice Premier Liu He, will depart for the US on Tuesday for another round of high-stakes trade talks amid the ongoing trade war between the world's two largest economies. The 13th round of negotiations is subject to greater uncertainty, sources close to the matter told the Global Times. The biggest lies in whether Washington will postpone tariff hikes due on October 15, shortly after the talks conclude. Postponed from October 1, the US is due to levy additional tariffs on $250 billion of Chinese goods.

Kathmandu all set for President Xi’s visit

Nepalese people and officials are prepared and thrilled for the upcoming visit by Chinese President Xi Jinping, and hope the visit starting Saturday will lift bilateral ties and enhance exchanges in infrastructure, tourism and culture. hile travelling around Kathmandu, the capital city, the Global Times found that welcome banners saying "Long Live Nepal-China Friendship" and "Warm Welcome to Our Distinguished Chinese Guests" lined the city's main streets.

Finance veterans fill local govt roles

Provincial governments in China are striving to attract veteran financial services executives to take vice-governor positions, a move that observers said would combat systemic financial risks and help the financial industry serve the real economy.There are 15 provincial vice-governors with long-term experience in the financial services sector including state-owned banks, joint-stock banks as well as regulatory bodies such as the People's Bank of China (PBC), the central bank, and the China Banking and Insurance Regulatory Commission, the 21st Century Business Herald reported Thursday.

The Confucius Institute in the eyes of a President

Recent news about the proposed closure of a number of Confucius Institutes in the U.S. and Australia carries an unpleasant scent of a negative political attitude towards China. This change of attitude deserves attention and concern. For years now the Confucius institutes have played a very useful role of providing opportunities for learning Chinese, for cultural exchanges and general communication with China, much needed in our time.

Ask China: Is China's rise a threat to the world?

Do you think China is a threat to the world? Western scholars and media have said "yes" to the question, as they track China's rise as a global power in world economy and international affairs. In 2018, U.S. Vice President Mike Pence said China "has chosen economic aggression" and has in turn "emboldened its growing military.” Netizens also expressed their concern online, as they see China as a threat in two main areas: its economic influence and its expanding military power.

William Jones: Global competitiveness report a wake-up call on the economy

It was a rather gloomy picture presented in this year's Global Competitiveness Report issued by the World Economic Forum. The report is said to be an indicator of how close an economy is to the "frontier" of competitiveness in the various areas of the economy. While the definition of "competitiveness" is somewhat elusive, and perhaps rather subjective, it does include as a basic element the notion of productivity increases, and in that sense has a real basis in reality.

Industry urges more measures to end violence as Hong Kong stock turnover slips

Hong Kong's financial industry, a major driver of the local economy, has stumbled amid the unrest that has swept across the city, prompting industry insiders to call for harsher measures in addition to the new anti-mask law to end violence, restore social order and rebuild market confidence.The turnover of the Hong Kong stock market declined 19 percent year-on-year in the past two quarters amid cruel and violent acts, which heaped pressure on the local financial industry especially small and medium-sized securities dealers that also face hefty rents and surging regulatory costs.

John Ross: US economy slowing but not in danger of recession

Will the US enter a recession in 2020, a US presidential election year, or will its economy only slow further without entering actual recession? That is the discussion among the overwhelming majority of US economists. To illustrate this, Bloomberg asked on October 5, "Is the US Headed for a Recession?" Its analysis began, "Through all the noise around US data this week, a clear signal is emerging: The world's biggest economy is slowing down. The question now is, how badly?"

Zhao Minghao: Diplomatic Dance Step May Help Ease China-US Tension

The vice ministerial-level trade talks between China and the United States have concluded in Washington, making necessary preparations for the high-level talks to be held in the coming weeks. A statement by the Office of the U.S. Trade Representative described the talks as “productive,” but concerns are growing about the prospects of the larger trade negotiations. Before the start of the talks, U.S. officials were said to have discussed the possibility of reaching an interim trade deal with China.