LATEST INSIGHTS
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China continues to make efforts in rural and agricultural development
Kou Hongyan was laid off from a factory in Beijing 14 years ago. At the time she could hardly imagine that one day she would become a pioneer leading her fellow townspeople in Beijing's western suburbs to shake off poverty and become prosperous.
2019-01-11 -
Film subject more important than stars
China's movie box office reached a record 60.98 billion yuan ($8.88 billion) last year, up 9 percent from 2017, with domestic movies accounting for 62.5 percent of the total, according to the State Film Administration. What new features and trends were visible in Chinese films, and how can domestic filmmakers improve their products in the future?
2019-01-11 -
China moves to boost demand for autos and home appliances
China will put forward new policies to boost consumer demand for automobiles and home appliances, said Ning Jizhe, deputy director of the National Development and Reform Commission, Securities Daily reported.
2019-01-11 -
Limited details released, but statements hint at progress
With the latest China-US trade talks ended in Beijing, all eyes turn to the next step by the two economic powers to untangle trade frictions as officials offered limited details about their discussions, but left sufficient hints for continued efforts.
2019-01-11 -
Pakistan launches first Alibaba-backed blockchain cross-border remittance service
The launch of Pakistan's first blockchain technology-backed cross-border remittance service, which is supported by Alibaba Group's financial arm Ant Financial, sheds light on how China and Pakistan have upgraded their cooperation from traditional industries such as infrastructure and energy to innovative technology under the Belt and Road initiative (BRI), analysts said.
2019-01-10 -
Wang Peng: Xi-Kim summit reinvigorates the deadlocked Peninsula issue
Kim Jong Un, chairman of the Workers' Party of Korea and chairman of the State Affairs Commission of the Democratic People's Republic of Korea (DPRK), is visiting China at the invitation of Xi Jinping, Chinese president and general secretary of the Central Committee of the Communist Party of China.
2019-01-10 -
Chen Dingding: Challenges for the US-China Trade War ‘Truce’
China and the United States agreed on a 90-day ceasefire in the trade conflict at the G-20 summit in Buenos Aires in December last year. Since then, roughly half of that 90 day period has come and gone. At the meeting, Chinese President Xi Jinping aimed to persuade Donald Trump, his American counterpart, to abandon plans to raise tariffs on $200 billion in Chinese goods to 25 percent starting in January 2019.
2019-01-10 -
Political determination key to Sino-U.S. trade solution
The first face-to-face meetings since Chinese President Xi Jinping and his U.S. counterpart Donald Trump agreed to a 90-day tariff truce in Argentina wrapped up on a positive note on Wednesday. The two sides agreed to further implement the Xi-Trump consensus, exchanged views on trade and structural differences, and pledged to maintain close communications.
2019-01-10 -
Ding Gang: The Chinese dream discovered on TV
A three-part documentary, How China Made It, airing on the Discovery Channel and the Chinese streaming platform Youku, reveals that the moving story of China's 40 years of reform and opening-up is the story of the Chinese people.
2019-01-10 -
Solid Progress in Curbing Financial Risks
'Current financial risks have generally retreated, and initial success has been achieved in amending financial dysfunction," read a report on China's financial stability issued by the People's Bank of China (PBC), the central bank, at the end of 2018.
2019-01-09 -
China adjusts its fiscal policies to seek new drive for economic growth
In the context of worldwide economic uncertainty, the Chinese economy is confronted with new downward pressure. But with a series of fiscal policies coming out after the annual Central Economic Work Conference held this past December, China is seeking to accelerate a shift in its economic model to new drivers of growth.
2019-01-09 -
Pompeo expected to appease allies in Middle East visit
US Secretary of State Mike Pompeo's Middle East tour is largely meant to appease Washington's allies in the region and dismiss their doubts and fears over President Donald Trump's rush decision to pull US troops from Syria, analysts said.
2019-01-09 -
Why Does China Need to Bankrupt Its Companies?
According to Bloomberg, in 2018 the number of bonds defaults in China increased by 4 times compared with the previous year. Companies were not able to pay off bonds for 108.5 billion yuan ($15 billion).
In November alone the courts heard as many bankruptcy cases as they sometimes get in a year. What is the reason behind such a wave of bankruptcies this year?2019-01-08 -
Development plan emphasizes Xiongan New Area as futuristic city
The master plan for the Xiongan New Area 2018-2035, recently approved by the State Council, sets out to develop a futuristic region, according to experts.
2019-01-08 -
Confrontation, stalemate and imbalance situation in the Middle East
Confrontation, stalemate and imbalance best describe the situation in the Middle East in 2018. The US withdrew from the Iran nuclear deal in May and moved its embassy to Israel from Tel Aviv to Jerusalem in June.
2019-01-08 -
Ominous signs bring both sides to negotiating table
With a fresh set of shared concerns over an economic slowdown and market turmoil, Chinese and US trade officials are set to make another attempt at striking a trade deal to defuse an increasingly bruising trade war that has rattled global markets and presented mounting challenges to both economies.
2019-01-07 -
China’s central bank cuts RRR, releasing $218.4 billion
China's central bank announced on Friday that it will cut banks' reserve ratio by 1 percentage point to boost the economy while keeping monetary policy prudent in 2019.
2019-01-07 -
US travel warning on China 'cannot stand close inspection'
US travelers made 2.3 million trips to China during the first 11 months of 2018, which means 70 out of 10,000 people in the US traveled to China during the period, Lu Kang, a spokesperson for the Chinese Foreign Ministry, told a Friday press briefing.
2019-01-07 -
China’s central bank cuts RRR, releasing $218.4 billion
China's central bank announced on Friday that it will cut banks' reserve ratio by 1 percentage point to boost the economy while keeping monetary policy prudent in 2019.
2019-01-07 -
Ding Gang: Rebuilding Asian order and reconfiguring Asian history
A fresh round of negotiations on the code of conduct (COC) in the South China Sea between China and ASEAN will be held in the first quarter of 2019. Chinese Premier Li Keqiang has appealed to complete the negotiations before 2021.
2019-01-04
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