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Little effect on China’s markets from Fed rate hike
The mainland financial markets have responded calmly to the US Federal Reserve's overnight decision to raise its benchmark interest rates. Fluctuations in the range of the yuan's exchange rate against the US dollar were limited.
2018-12-21 -
Liu Zhiqin: Mixing miracle with dream
There are many miracles in the world and in the process of human civilization. But the rise of China is, among them, the greatest. In just 40 years, China accomplished the most marvelous spectacle in human development, achieving huge societal progress and lifting the living standards of billions of people.
2018-12-20 -
Liu Zhiqin: China’s development model belongs to the world
As globalization goes deeper, economic and trade ties between China and most other countries in the world have seen rapid growth. In this new era of high interconnectivity and win-win cooperation, China has learned from the development experience of countries worldwide with a humble attitude and honest diligence to form its unique "socialism with Chinese characteristics" development model. In this process, China borrowed experience from the world's most developed countries and set foot on a development path that was suited to its own situation. This model has powered the economic take-off and soaring growth of China.
2018-12-19 -
China won’t sway from upgrading, despite US concerns over ‘Made in China 2025' plan
China will not give up its pursuit of technological progress through industrial transformation, even if it makes some changes to the "Made in China 2025" initiative, Chinese experts said on Thursday.
2018-12-19 -
Cohn Sees No ‘Instant Cure’ on U.S.-China Trade After Midterms
Ex-White House economic adviser Gary Cohn said he didn’t expect Democratic election gains to speed the end of President Donald Trump’s China trade war, even as some in Beijing held out hope he might warm to talks.
2018-12-19 -
Reform, opening-up create new wonders in human history
With the first pile driven into the foundation in Shanghai, Baosteel broke ground on Dec. 23, 1978, just one day after the Communist Party of China (CPC) closed its epoch-making meeting that ushered in the era of reform and opening-up.
2018-12-18 -
Chinese firms show support to Huawei after CFO detention
The escalating tensions between China and the US fueled by the detention of a top Huawei executive have spurred some Chinese enterprises and people to boycott US products.
2018-12-18 -
US allies may divide in containing Huawei
Voices against calls for a boycott of Chinese telecom giant Huawei have emerged in France and Germany despite Washington's alleged attempts to persuade wireless companies and internet providers in allied countries to shun equipment made by Huawei.
2018-12-17 -
BRI, a child of reform and opening-up
When the reform and opening-up was in its infancy in the late 1970s and the early 1980s, China exported a large number of workers to countries where infrastructure was needed. Then things became much more complicated – construction companies gained more engineering expertise and, meanwhile, the Chinese economy became zippier. China has gradually become a lender for infrastructure projects outside of China, hence giving birth to a new model of cooperation.
2018-12-17 -
Nanjing Massacre Memorial Day: The importance of commemorating the tragedy
December 13 marks Nanjing Massacre Memorial Day. It has been 81 years since the tragedy happened. Though there are fewer and fewer witnesses who are able to take part in the commemoration as time goes by, discussions about this tragedy shall never stop.
2018-12-14 -
George Atsalakis: Silk Road rises again to reignite past glory
From East to West the Silk Road is rising up once more. It traverses countries between China and the Mediterranean. These lands have always been of pivotal importance in global history in one way or another linking East and West, serving as a melting pot where ideas, customs and languages have jostled with each other from antiquity to modern day.
2018-12-14 -
Former leaders: Win-win solutions key to building a shared future
Former world leaders, renowned scholars and business elites from around the world on Monday called for win-win cooperation to build a shared future at an international meeting in Guangdong. This year's meeting of the Imperial Springs International Forum came against the background of heated discussions regarding current China-US trade tensions.
2018-12-14 -
Ding Gang: High tolerance leads to fentanyl abuse in US
The US and China decided to control the opioid fentanyl in an agreement reached in Argentina couple of days ago. President Xi Jinping has agreed to designate fentanyl as a controlled substance "in a wonderful humanitarian gesture," meaning that people smuggling it into the US will be subject to "China's maximum penalty under the law."
2018-12-13 -
The U.S. is playing a political, not judicial, game on Huawei's case
After three days of hearings, Huawei's chief financial officer (CFO) Meng Wanzhou was released on bail in Canada. She was arrested on December 1 on charge of misleading multinational banks about Iran-linked transactions and could be extradited to the United States.
2018-12-13 -
Guan Zhaoyu: Japan shouldn't say no to Huawei
On Monday, Japan decided to exclude Chinese telecoms giants Huawei Technologies and ZTE from the government procurement list. Since the Donald Trump administration signed the National Defense Authorization Act in August this year banning the U.S. government and contractors from using Huawei technology, there had been rumors that Japan would follow suit.
2018-12-13 -
Wang Wen: China’s contribution to G20 Buenos Aires Summit
It is undeniable that China has made great achievements and contribution to the 2019 G20 leader’s summit in Buenos Aires, Argentina. The most important one is the successful meeting between the Chinese and US leaders, which has attracted much attention, and the two sides reached a consensus to stop imposing new tariffs. It shows that the decision makers of the two countries are solving this problem in a rational and objective way.
2018-12-12 -
Reforms will still be on French President Macron's agenda
Making reforms will still be on French President Emmanuel Macron's agenda, despite his attempt to restore calm after weeks of violent protests, experts say.
2018-12-12 -
China, Greece voice confidence in prospects of cooperation under B&R Initiative
Greek businessmen and Chinese scholars voiced confidence in the prospects of Sino-Greek cooperation in the context of the Belt and Road Initiative during a forum held on Monday at Piraeus port, Greece's largest harbor which in recent years has become a strong symbol of win-win bilateral cooperation between the two countries.
2018-12-12 -
Canada Goose boycott ‘likely’ over Huawei
Chinese consumers seem to have kicked off a boycott of Canadian goods with the popular Canada Goose brand hit first. If Canada keeps detaining a senior Huawei executive in a complicit move to woo the US, the repudiation of Canadian goods will expand, experts and consumers told the Global Times on Monday.
2018-12-11 -
China, EU up the ante on environmental cooperation
The European Union and China plan to launch a system that could translate their green definitions to facilitate the flow of environment-focused funds amid enhanced cooperation in the field.
2018-12-11
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