In a letter to the Congress earlier this month, US President Donald Trump signaled plans to end preferential trade treatment for India that allows duty-free entry for Indian exports worth $5.6 billion. This is another front in his trade war after the US announced 25 percent tariffs on imported steel and 10 percent on aluminum in March 2018.
EconomyAs drastic ups and downs in China's money and credit data within the first two months have sparked discussions on the reasons for this, the central bank issued an explanation on Monday morning, saying that robust financing activities have well supported economic growth so far this year.
It is really great news that Zhou Xiaochuan, the former governor of Chinese Central Bank-the People's Bank of China, won the 2019 lifetime achievement award from London-based Central Banking Publications as the sixth winner of this award.
In China, more so than in any other country, consumers are leaving their wallets and credit cards at home. A survey by global market research specialists Ipsos has revealed that in 2017, more than seven out of every 10 people in China made use of a virtual wallet.
China's new foreign investment law has entered the countdown stage with the beginning of the second session of the 13th National People's Congress (NPC).
At the annual National People's Congress (NPC) meeting, China has set its economic growth target for 2019 at 6.0 to 6.5 percent. To put this into comparison with the word's three largest economies, China is expected to grow this year more than twice as fast as the U.S. and more than three times as fast as the EU.
"Give a man a fish and he eats for one day. Teach a man how to fish and he can eat forever." It's a common saying and underpins much of the Western foreign aid budget.
China-US trade talks are speeding toward a deal, as warming signs from the two countries' soybean trade have helped create a good environment for negotiations, Chinese observers said on Friday.
During two sessions of this year, the State Councilor and Foreign Minister, Wang Yi, has held a media conference that attracted wide attention of global media. The past year has seen growing pressure imposed by America on China, making the bilateral relation reach a crossroads.
At his annual briefing on China's foreign policy and its relations with the rest of the world, Wang also announced that the second Belt and Road Forum for International Cooperation will be held in Beijing in late April, with Xi set to deliver a keynote speech at its opening ceremony.
In this exclusive interview China Daily spoke to He Yafei, former vice-minister of foreign affairs and former deputy director of the Overseas Chinese Affairs Office of the State Council.
In this exclusive interview China Daily spoke to He Yafei, former vice-minister of foreign affairs and former deputy director of the Overseas Chinese Affairs Office of the State Council.
In this exclusive interview China Daily spoke to He Yafei, former vice-minister of foreign affairs and former deputy director of the Overseas Chinese Affairs Office of the State Council.
Premier Li Keqiang announced a series of policies and measures favoring Chinese private economy in his Government Work Report to this year's National People's Congress (NPC), which opened on March 5.
In this exclusive interview China Daily spoke to He Yafei, former vice-minister of foreign affairs and former deputy director of the Overseas Chinese Affairs Office of the State Council.
In this exclusive interview China Daily spoke to He Yafei, former vice-minister of foreign affairs and former deputy director of the Overseas Chinese Affairs Office of the State Council.
On the morning of March 5, the premier Li Keqiang delivered the government work report which showcases the resolute mind of the Chinese government that puts into practice reform and opening-up policy in an all-round way. It can be reputed as an annual transcript of the government subject to social deliberation, as well as a holistic deployment of work for the new year to come.
In this exclusive interview China Daily spoke to He Yafei, former vice-minister of foreign affairs and former deputy director of the Overseas Chinese Affairs Office of the State Council.
Chinese advisers and lawmakers have their plates full at the ongoing Two Sessions, where bills are being deliberated and discussed. One important item for foreign investors on the agenda is the draft foreign investment law, which will set the tone for the future investment environment of the country.