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Danilo Türk: China's critical opportunity at Davos
The annual meeting of the World Economic Forum (WEF), which is starting this week in Davos, is creating significant expectations. In the past, WEF meetings have identified, with remarkable weight and clarity, both the fundamental problems of the world and the urgent tasks of our time. This has helped policymakers in designing their decisions. The speech of China’s Vice-President Wang Qishan, scheduled Wednesday, Jan 23, is eagerly awaited.
2019-01-24 -
Liu Zhiqin: The US-China tug-of-war will keep going, but it still has to be a friendly game
Relations between China and the US have experienced bad times and good times over the several decades. The two countries, overall, have been living in peace with each other with only occasional small spats. The stable development of US-China relations has been the main reason that world economy is gaining momentum. Without it, there would be no stable globalization nor the last 40 years of prosperity for the world.
2019-01-24 -
Asian stocks mixed after China, US agree on more trade discussions
Stock markets in Asia offered a muted reaction Thursday morning to the latest round of trade talks between Chinese and US officials in Beijing, where officials discussed a wide range of issues and agreed to keep close contact.
2019-01-23 -
India’s industrial upgrade is moving fast, but can it replace China as ‘factory of the world’?
As Chinese manufacturers struggle to "walk out" as their domestic business environment becomes more competitive, India is becoming increasingly attractive for many of them.
2019-01-23 -
India, China to boost agricultural deals
India and China are jointly ramping up efforts to trade more farm products from tobacco to rapeseed meal, which analysts said can be an effective way to solve the trade gap between the two Asian economies.
2019-01-23 -
China urges US, Canada to correct mistake on the extradition of Huawei CFO
China's Ministry of Foreign Affairs on Tuesday said the US and Canada are abusing the extradition treaty, and urged the US to correct its mistake immediately and not to send the extradition request for Huawei chief financial officer Meng Wanzhou.
2019-01-23 -
Wang Yiwei: Can US’ Asia Reassurance Initiative Act contain China?
US President Donald Trump signed the Asia Reassurance Initiative Act (ARIA) into law on December 31, 2018, which attempts to "develop a long-term strategic vision and a comprehensive, multifaceted, and principled United States policy for the Indo-Pacific region, and for other purposes." In essence, the purpose of Trump's ARIA resembles the "rebalance to the Asia-Pacific" strategy in the previous Barack Obama administration, but it differs in several ways with the Obama policy.
2019-01-22 -
China’s unemployment stays within target in 2018, quashes rumors of massive job cuts
China appears to have comfortably achieved sufficient employment in 2018, even if it has some thorny structural issues to attend to in the new year, Chinese analysts said on Monday.
2019-01-22 -
Chinese participants to join discussions on wide range of issues
While Vice-President Wang Qishan will be the most senior Chinese official to speak at the annual meeting of the World Economic Forum in Davos, the four-day event will feature many other participants from the country and China-related topics.
2019-01-22 -
Micro firms handed a boost, thanks to new breed of private banks
Things for Peng Jindong's small e-store, which mainly sells street-dance wear on the leading Chinese online marketplace Taobao, first took off when he obtained a non-collateral credit line of 1 million yuan ($148,000) a few years ago from Zhejiang E-commerce Bank Co Ltd, one of the first five private banks established in China as pioneers of a pilot program.
2019-01-22 -
Sluggish Chinese investment in US to persist in 2019, casting shadow over bilateral ties
Sluggish Chinese investment in the US last year, resulting mostly from tougher US screening of high-technology acquisitions, is set to persist this year, analysts noted on Tuesday, suggesting that China should expand investment in other markets like Russia to strike a balance.
2019-01-21 -
Is a ceasefire agreement between China and U.S. in sight?
Chinese Vice Premier Liu He will visit the U.S. on January 30-31 for the next round of trade negotiations, China's Commerce Ministry said on Thursday. Over the past year, the escalation of the trade war triggered by Donald Trump has put China-U.S. relations under considerable strain.
2019-01-21 -
Changing consumption patterns: Chinese Millennials react to Alipay annual account statement
The statement is a digital bill summing up the user's spending and consuming habits on living necessities, transportation, entertainment, food and other occasions in 2018.
2019-01-21 -
Chinese, Indian EV manufacturers should travel the long and windy road together
While implementation-specific details may be missing from India's ambitious electric vehicle (EV) goal for 2030, its market potential still represents an opportunity for Chinese EV players as long as the Indian government's incentive policy is favorable enough.
2019-01-21 -
Ambassador Cui: China taking advantage of the US? It's a myth!
An International Symposium to commemorate the 40th Anniversary of establishment of China-US diplomatic relations was held in Atlanta on January 18, 2019. Chinese Ambassador to US Cui Tiankai delivered a speech.
2019-01-19 -
US most unqualified country to criticize China
US Vice President Mike Pence's criticism of China was an act of libel and the US is the most unqualified country to wag a finger at China when it comes to international rules, Chinese Foreign Ministry spokesperson Hua Chunying said on Thursday.
2019-01-18 -
Zhao Minghao: The World Bank should not be a proxy for China-U.S. competition
Who will succeed the abruptly resigned Jim Yong Kim as the next president of the World Bank has drawn much attention from the international community. The White House has recently denied that President Trump's daughter Ivanka is a candidate for the post. Ivanka has been only assisting U.S. Treasury Secretary Mnuchin and White House Acting Chief of Staff Mulvaney in the selection of candidates for the World Bank president.
2019-01-18 -
Liu Zhiqin: The secrets lie in AIIB's success
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank proposed by China and jointly established by 57 countries on December 25, 2015. It began operations on January 16, 2016, and it has now grown to 93 approved members worldwide.
2019-01-18 -
Supporting SMEs enhances China's economic health
"Supporting small- and medium-sized enterprises (SMEs) can offer strong and long-lasting stimulus for high-quality development," He Weiwen, senior research fellow at the Chongyang Institute for Financial Studies at Renmin University of China, highlighting the SMEs' important position in China's economy.
2019-01-18 -
Du Peng: Why slower population growth should not drive us to press panic button
Latest figures suggest that China's population is set to peak at 1.442 billion in 2029, beginning a steady decline in the following years.
2019-01-17
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