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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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."
China is open to adjustment of projects under the Belt and Road (B&R) initiative based on the interests of different countries, but China's cooperation with other countries via the initiative will undoubtedly continue in the future, experts and officials said on Thursday.
A heated debate on China's new feminine-looking male celebrities has flooded Sina Weibo, China's Twitter-like social media platform, as the country's State broadcaster aired four young male singers in its television special First Class of the New Semester on September 1.
As Swedish elections concluded on September 9, European countries breathed a sigh of relief. Even though the vote for the far-right Sweden Democrats had increased, the Social Democratic Party (SDP) still won the largest number of votes, discounting fears that the nationalists could gain ground in the country considered an epitome of liberal values.
Two of China's port cities – Yingkou and Dalian – are planning to become the sea gate for cargo traveling through the inland China-Mongolia-Russia Economic Corridor – one of the six economic corridors under the Belt and Road Initiative (BRI). A food corridor connecting China and Russia was recently established in Yingkou to push that plan forward.
The twice-postponed two plus two ministerial dialogue between the US and India took place on September 6 in New Delhi, during which US Secretary of State Mike Pompeo and Defense Secretary James Mattis held talks with their Indian counterparts - External Affairs Minister Sushma Swaraj and Defense Minister Nirmala Sitharaman, over a string of issues including bilateral security cooperation, US sanctions against Iran and India's purchase of Russian air defense missiles.