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China banks face huge capital hole as stimulus spurs lending
Listed Chinese banks will need to raise about $260bn in fresh capital over the next three years as regulations force shadow-bank loans back on to balance sheets and global rules on systemically important groups impose extra requirements on the largest lenders.
2019-03-20 -
Long Xingchun: US-Japan-India-Australia alliance stillborn
According to The Associated Press, Admiral Phil Davidson, head of the US Indo-Pacific Command, suggested in Singapore earlier this month that a loose security grouping of US, Japan, Australia and India, which is known as the Quad, may be shelved for now, as Indian navy chief Admiral Sunil Lanba "made it quite clear that there wasn't an immediate potential for a quad."
2019-03-19 -
RDCY senior fellow John Ross comments on the closing session of NPC
The Second Session of the 13th National People's Congress (NPC), China's top legislature, concluded on March 15 at the Great Hall of the People. John Ross, senior fellow of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), was interviewed by CGTN, commenting on the closing session of the NPC.
2019-03-19 -
Clear timeline for China-US talks remains hard to predict
According to He, although the talks have reached the final stage, the final steps can be extremely difficult as they involve the issues that are the most difficult to agree upon, including contract enforcement.
2019-03-19 -
Zhao Minghao: US defense budget points to vaulting ambitions from ‘America First’ to ‘Military First’
Spending on defense accounts for about $750 billion out of a total budget outlay of $4.6 trillion proposed recently by US President Donald Trump. Apart from related expenses allocated to agencies such as the US Department of Energy, the Pentagon will get $720 billion in this budget - an increase of around $3.3 billion over fiscal year 2019.
2019-03-19 -
Transcript of Vice Foreign Minister Le Yucheng's exclusive interview with the Financial Times
On Sept 10, 2018, Vice Foreign Minister Le Yucheng sat down with Jamil Anderlini, the Asia Editor of the Financial Times, for an exclusive interview.
2019-03-18 -
Wang Yiwei: Responding to misgivings about the Belt and Road Initiative
The Belt and Road Initiative (BRI) stands for the Silk Road Economic Belt and the 21st-Century Maritime Silk Road.
2019-03-18 -
U.S. doubts on Confucius Institute "part of ongoing China vilification"
A long bell has been ringing on China's soft power. In a recent interview with Fox News, U.S. President Donald Trump's national security adviser, John Bolton, said China is on an attempt to use think tanks and non-profit organizations to influence opinion in the U.S. and Australia, and the move "is far greater in magnitude than any other foreign effort we have seen in history."
2019-03-18 -
Li's upbeat message is seen as sign of new confidence
Premier Li Keqiang said the Chinese economy continues to provide vital support to the global economy despite concerns of a slowdown.
2019-03-18 -
China needs solid proof in Azhar case
China suspended India's latest bid to list Masood Azhar, the leader of Pakistan-based militant group Jaish-e-Mohammed (JeM), as a global terrorist, to give it more time to examine the request. Why did China take this position? Will it affect future China-Pakistan-India relations? Three experts shared their views with the Global Times.
2019-03-15 -
Wang Peng: China's targeted poverty reduction and the UN's 2030 sustainable development goals
From early 2014, China started a new and wide-ranging program to reduce the nation's poverty. This grand endeavor can also be viewed as a key part of the global plan to lift people out of poverty.
2019-03-15 -
China slams ‘flawed’ US human rights record
China on Thursday released its latest report on the human rights situation in the US, calling the latter a self-styled "human rights defender" with a "flawed and lackluster" record.
2019-03-15 -
Rare ancient maps showcase BRI, unfolding a new and profound world
On the sideline of two sessions of this year, the column “News of China” which is subordinate to CCTV, provides a special report of two sessions about ushering in a new era. At the request of its invitation, Wang Wen, the executive director of the Chongyang Institute of Finance at Renmin University of China, responds to questions and risks concerning the BRI along with the host, Zhou Yingfeng on March 9.
2019-03-15 -
‘Narrow protectionism’ preventing US making right decision to ground Boeing 737 Max-8 flight
While a growing number of countries are grounding Boeing 737 Max-8 flights following the fatal crash of an Ethiopian Airlines jet, the US seems to be less decisive about the company that holds a powerful position in the country's political and economic landscape.
2019-03-14 -
Why is the Belt and Road Initiative misunderstood?
"The Belt and Road Initiative (BRI) is aimed at achieving true common prosperity instead of the mere satisfaction of self-interests," Chinese President Xi Jinping once said. The BRI is indeed the most important public good offered by China to the international community, demonstrating the Chinese wisdom and putting forward a Chinese approach to navigate globalization and global governance.
2019-03-14 -
Ding Gang: Don’t allow religion to infiltrate education
Almost all emerging economies in Asia that became independent after WWII are grappling with religious problems. Opposing pulls among ethnic groups and religions born out of such problems are one of the principal reasons behind unrest and disputes between neighboring countries.
2019-03-14 -
Why is the Belt and Road Initiative misunderstood?
"The Belt and Road Initiative (BRI) is aimed at achieving true common prosperity instead of the mere satisfaction of self-interests," Chinese President Xi Jinping once said. The BRI is indeed the most important public good offered by China to the international community, demonstrating the Chinese wisdom and putting forward a Chinese approach to navigate globalization and global governance.
2019-03-14 -
Wang Yiwei: Why is the Belt and Road Initiative misunderstood?
"The Belt and Road Initiative (BRI) is aimed at achieving true common prosperity instead of the mere satisfaction of self-interests," Chinese President Xi Jinping once said. The BRI is indeed the most important public good offered by China to the international community, demonstrating the Chinese wisdom and putting forward a Chinese approach to navigate globalization and global governance.
2019-03-14 -
China, UK will both benefit from free trade deal
Against the backdrop of a worsening international economic environment, China needs to find solutions as soon as possible in case more Western countries unite against it on some major economic issues. The country should pay attention to deepening bilateral relations with important economic and trade partners by building a more comprehensive and high-standard free trade network. And the UK could be one of the developed countries with which China could strengthen economic cooperation in a new round of changes to the international economic order.
2019-03-13 -
NPC to deliberate on draft foreign investment law
A draft foreign investment law has been submitted to the second annual session of China's top legislative body for deliberations on Friday, marking a major step toward the final passage of the country's first unified foreign investment law that would provide the legal basis for shaping China's management of foreign investment for years to come.
2019-03-13
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