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Trade war having negative impact on US economy as deficit widens
The widened US merchandise trade deficit in August shows that US President Donald Trump's trade war has had a negative impact on the country's economy, and more uncertainties loom for the US and world economies, Chinese analysts said on Friday.
2018-09-29 -
Zhao Minghao: Damage from Trump's trade unilateralism goes beyond China, US
Chinese State Councilor and Foreign Minister Wang Yi called on Friday for stronger actions to defend multilateralism in his speech at the General Debate of the unfolding United Nations General Assembly (UNGA).
2018-09-29 -
Liu Zhiqin: US accusations about technology transfer ring false
Amid all the unfair tariffs and false accusations made by the US to attack China, one claim has been particularly irritating: Western countries have continually accused China of requiring transfer of technology in return for access to its market. The US government has repeated this lie many times to make it sound like the truth. However, it is the Western countries that invented the idea of using technology to gain access to other markets.
2018-09-28 -
Zhao Minghao: How Trumpism will damage global order
US President Donald Trump's address at the 73rd UN General Assembly (UNGA) has shocked the world again. Trump put it bluntly, "We reject the ideology of globalism and we embrace the doctrine of patriotism." But UN Secretary General Antonio Guterres once said that multilateralism was more vital than ever to tackling dramatic global challenges. French President Emmanuel Macron also addressed the assembly and warned without multilateralism global wars would return.
2018-09-28 -
RDCY Report: Public confident in Chinese economy amid trade war
The trade row between the US and China escalated as the Trump administration imposed new 10 percent tariffs on $200 billion of Chinese imports, effective Monday. From the new year, this round of US tariffs will be increased to 25 percent.
2018-09-28 -
China's opening-up pledge leads to tariff cuts, offers foreign firms incentives
The State Council, China's cabinet, announced Wednesday that the government will further cut import tariffs effective November 1, a move that shows China's adherence to further opening-up, said experts.
2018-09-27 -
Ding Gang: China-Japan-SK FTA key to ‘Asia for Asians’
After the US began to replace the multilateral rules-based order with a bilateral one and launched one-on-one offensives against global trading partners, officials from China, Japan and South Korea vowed to speed up negotiations for a trilateral Free Trade Agreement (FTA) at a forum in Beijing last week.
2018-09-27 -
Trump's levies challenge global commerce regime
US President Donald Trump's latest move to impose tariffs on a further $200 billion of Chinese imports is seen by many as a major challenge to the rules-based global trade system.
2018-09-26 -
Kazakhstan’s capital Astana shakes economic funk due to infusion of Chinese investment
September 7 was the five-year anniversary of the introduction of the Silk Road Economic Belt concept, and Kazakhstan, dubbed as the "buckle" of the "belt," was in the mood to celebrate. That day, Kazakh journalists were busy traveling between two forums marking the anniversary in Astana: the Kazakh-Chinese Business Forum, to which Kazakhstan's President Nursultan Nazarbayev and Chinese President Xi Jinping sent video messages, and the Belt and Road China-Kazakhstan Forum on Think Tanks, Media an
2018-09-26 -
FT interview with Chinese vice-minister for foreign affairs on China’s vision for BRI
In a rare high-level interview on the topic, Le Yucheng, Chinese vice-minister for foreign affairs, has spoken at length to the Financial Times about China’s vision for the BRI.
2018-09-26 -
China, Russia Capable of Outlasting US’ Economic Attacks
The US continues to sanction other countries’ economies, a senior Chinese university scholar told Sputnik Friday, because its own economic growth has stalled. But countries like Russia and China, which know struggle and hardship, can easily outlast the Trump administration, he said.
2018-09-25 -
China offers trade friction solutions
China published a white paper on Monday - the same day that US tariffs on $200 billion worth of Chinese goods took effect - to clarify the facts about China-US economic and trade relations and clearly state its stance on trade friction with the US.
2018-09-25 -
Full Text: The Facts and China's Position on China-US Trade Friction
China published a white paper on Monday to clarify the facts about China-U.S. economic and trade relations, demonstrate its stance on trade friction with the United States, and pursue reasonable solutions.
2018-09-25 -
No way China can accept trade talks invitation
Showing defiance in the face of intense pressure from the US, China on Tuesday said it would not back down from an escalating trade standoff with the US, vowing to take measures to counter the latest round of US tariffs on billions of dollars worth of Chinese goods.
2018-09-21 -
Guan Zhaoyu: Does the UK really mean "no deal Brexit"?
The leaders of EU members met in Salzburg, Austria on September 19 for two days, and Brexit is the major issue of the summit. Although it is not an official summit, the whole Europe pays much attention to it due to its topic.
2018-09-21 -
How 'Great Bay Area' contributes to a wider Maritime Silk Road
The 21st Century Maritime Silk Road China (Guangdong) International Communication Forum opened on Thursday in the coastal city of Zhuhai. Under the theme of "New Era, New Silk Road, New Image", the forum provides a chance to discuss more cooperation possibilities among countries along the 21st Century Maritime Silk Road.
2018-09-21 -
S. Korea's Moon in Pyongyang for much-anticipated summit with Kim
South Korean President Moon Jae-in landed in Pyongyang on Tuesday for a much-anticipated three-day summit with the Democratic People's Republic of Korea (DPRK)'s top leader Kim Jong Un.
2018-09-19 -
Beijing ready to take necessary measures against US tariffs
Foreign ministry spokesperson Geng Shuang told a regular briefing on Monday that his ministry and the Ministry of Commerce (MOFCOM) have reiterated the same standpoint several times on China-US trade.
2018-09-18 -
John Ross: Why Germany's success in manufacturing is important to China
In my previous piece, I argued that US manufacturing has failed to regain its previous pre-international financial crisis levels after analyzing its manufacturing output and employment data. Its failure contrasts sharply with the situation not only of China but also of Germany. To illustrate this, the latest data for German manufacturing production is for June 2018.
2018-09-17 -
John Ross: Made in America again? Not just yet
In relation to myths in sections of the Chinese media regarding a (non-existent) expansion of US manufacturing, I remember being contacted by one Chinese media outlet and being asked if I would write an article on, "the implications for China of the expansion of US manufacturing."
2018-09-17
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