The Second Belt and Road Forum for International Cooperation held in Beijing on April 25-27 was a milestone for the Belt and Road Initiative along with international development and global governance. However, it is undeniable that there are still a few misperceptions and misunderstandings about the initiative or other key topics related to China that are in urgent need of clarification. For example, whether China is utilizing the Belt and Road Initiative to pursue its "sharp power" is one of the most heated topics.
To maintain its relations with Iran, a key partner on energy and the Belt and Road Initiative (BRI), China is unlikely to submit to unilateral sanctions by the US on Iranian oil exports, Chinese analysts said on Saturday, though some Chinese companies doing business with Iran feel the pressure.
A total US ban on the purchases of Iranian crude oil took effect on May 2, according to the Voice of America. Last month, US Secretary of State Mike Pompeo announced the US would not extend sanctions waivers for Iranian oil importers including China, India, Japan, South Korea and Turkey. The countries were told to stop buying Iranian oil by May 2, or face sanctions.
Solomon Islands Prime Minister Manasseh Sogavare's government is reportedly considering cutting ties with Taiwan and establishing diplomatic ties with the People's Republic of China.
China's accelerated steps in further opening its financial sector will draw more foreign banks and firms and will give a major boost to local market efficiency and vitality, according to economists and financial experts.
The 180-day waivers from Nov. 4 last year for some importers of Iran's oil formally expired on Thursday, announced by the White House before, which ratcheted up impacts of tough pressures on Iran, whose economy was strongly relying on energy sector.
It is indeed thought-provoking for me standing in front of a picture showing some female students taking a group photo after a theatrical performance in the 1930s, as showcased in the Xiamen University history exhibition. The university, like many peer universities in China, is celebrating the 100th anniversary of the May Fourth Movement solemnly.
China and Pakistan have signed an upgraded free trade agreement (FTA), as the two close neighbors seek to further strengthen their bilateral economic and trade ties and deepen cooperation under the China-Pakistan Economic Corridor (CPEC), a flagship project of the Belt and Road Initiative (BRI).
The globalization of the world economy is entering a transformative period of evolution from the traditional mode of the knowledge economy to the age of artificial intelligence (AI) and other digital-based technologies. Accompanying this comes a fundamental shift in what it means to be a leader in the marketplace and in the technology sector in particular.
Chinese President Xi Jinping's keynote speech at the just-concluded second Belt and Road Forum for International Cooperation (BRF) has become the focus of attention among politicians, scholars and media outlets around the world. Apart from measures to boost the Belt and Road Initiative (BRI) and promote the world economy, President Xi also responded to Western skepticism about China's "strategic intentions" behind the landmark initiative. What are the key takeaways from Xi's speech? What are the prospects of the BRI? CGTN spoke with five experts on the matter.
It has been nearly six years since the Belt and Road Initiative was introduced in 2013. Over the past six years, the initiative has become an innovation in improving the global governance system.
Sonemany, a builder before the job, has grown into a skilled welder and was conferred "railway craftsman." With a monthly income of about US$460, the 26-year old said he is happy with the job.
Chinese President Xi Jinping's keynote speech at the second Belt and Road Forum for International Cooperation (BRF) hit the headlines today as world leaders and delegates from international organizations gathered in Beijing for China's diplomatic highlight of the year.
Chinese President Xi Jinping's keynote speech at the second Belt and Road Forum for International Cooperation (BRF) hit the headlines today as world leaders and delegates from international organizations gathered in Beijing for China's diplomatic highlight of the year.
The Belt and Road Initiative (BRI) has received wide participation and attention from the world since it was proposed six years ago. It is expanding its “circle of friends” and achieving more and more progress.
The City of London Corporation's Green Finance Initiative (GFI), in partnership with China's Green Finance Committee (GFC), announced today that 27 firms from around the world have signed up to a set of green finance guidelines for the Belt and Road Initiative (BRI).
This is an important year for Europe as economic slowdown is likely - the IMF projects EU growth will fall to 1.6 percent in 2019. Regarding major external influences which can improve or worsen this situation, the US will also slow, the IMF projecting a decline in growth from 2.9 to 2.3 percent, while China's growth is expected to be far higher at 6.0-6.5 percent.
The cooperation scheme of "six corridors and six channels serving multiple countries and ports" under the China-proposed Belt and Road Initiative (BRI) has been formed, and a large number of cooperation projects have materialized, Chinese President Xi Jinping announced on Friday.
With the second Belt and Road forum for International Cooperation opening this week, the BRI has been thrust into the media limelight. What has been achieved in the past five years since the initiative was first put forward? How to turn the BRI vision into reality? Five Years of the Belt and Road Initiative is a book series co-published by Chongyang Institute for Financial Studies, Renmin University of China and Foreign Language Press, analyzing the initiative from the perspectives of policy communication, infrastructure connectivity, trade connectivity, financial integration, and people-to-people connectivity. Here is an excerpt of the episode on people-to-people connectivity.
Xi’s speech has sent a strong message that China’s future and the BRI are now closely linked, reassuring the world that the BRI is not a short-term goal, but a sustainable and beneficial development plan for the whole world.