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Wang Yiwei: How the Belt and Road Initiative is changing Africa？
I once asked my African friends two questions: first, why can't Africa bring in Western capital and technology like China did in its reform and opening-up to supplement various factors of economic development and realize modernization? Second, why can’t the integration of Africa’s former colonizers in Europe bring about the integration of Africa?
2018-08-21 -
China's economy manageable despite pressures
Recent external pressures, a general global trade malaise and bold new domestic reforms are putting some extraordinary pressures on China's economy, but economists say positive indicators far outweigh the negative ones and predictions of doom and gloom will soon be prove wrong.
2018-08-20 -
Wang Peng: US Indo-Pacific strategy: a mixture of “hedging” and “wedging”
From the second half of 2017 until he demitted office, the term “Indo-Pacific” was used repeatedly by US Secretary of State Rex Tillerson, representing the first appearances of the term in the official rhetoric of the Trump administration.
2018-08-20 -
Wang Wen: Ten misunderstandings about Africa
Many people tend to associate Africa with words like "poor," "underdeveloped," or "disease," and hold negative views about China-Africa cooperation and investment. With the upcoming Forum on China-Africa Cooperation (FOCAC) Beijing Summit 2018 going to be held in September, Africa has been under the spotlight. I analyze 10 most common misunderstandings about Africa and China-Africa relations on the basis of my field research in more than 10 African countries.
2018-08-20 -
China leads world at pushing market financial tools to create ecological civilization
China's financial regulators are creating incentive programs to encourage banks and other financial institutions to invest the huge sums needed for green development, as part of China's overall goal of building an ecological civilization.
2018-08-17 -
A golden age for Chinese think tanks as policy institutes grow in quality and quantity
It's boom time for Chinese think tanks. With 570 such institutions, China maintains its eight-year dominance as the world's second largest think-tank factory. A total of seven Chinese think tanks are on the global top 100 list, and almost 30 percent of the top 90 think tanks in China, India, Japan and the Republic of Korea are from China, according to the 2017 Go to Think Tank Index Report released early this year.
2018-08-17 -
Liu Zhiqin: China’s achievements should be shared with world
The most frequent excuse used by US President Donald Trump to support his reckless decision to launch a "trade war" against China is that China has taken advantage of the US. Many people, especially some Americans, seemed to be convinced, though the facts suggest differently.
2018-08-16 -
External headwinds fail to stymie tech progress
A consensus shared by several Chinese trade and economic experts is that the real intention of the US' tariff measures against China is to contain the country's emerging power, seen in advanced technologies in fields such as high-speed rail construction, 5G technology and mobile payments.
2018-08-16 -
Ding Gang: Religion-secularism row strains globalization
In spite of globalization being a secularizing process, the revival of religion during our times has become a common phenomenon. The heart going back to God reflects a resistance to globalization and a resilience that stems from being marginalized in the process.
2018-08-16 -
China's restrained new tariff 'rational'
Taking into full consideration the interests of its people and companies, as well as the global value chain, the Chinese government made the decision to impose differentiated tariff rates targeting $60 billion worth of U.S. goods. That's in stark contrast to the U.S.' one-size-fits-all tariff approach, which was ill-considered, they said.
2018-08-15 -
U.S. tariffs on Chinese imports to lead to "lose-lose situation"
The relationship between the United States and China could be win-win, since they are very “complementary economies”, John Ross, Senior Fellow at the Chongyang Institute for Financial Studies, Renmin University of China, told Xinhuanet in a recent interview.
2018-08-15 -
Chinese companies can weather US sanctions on Iran
Chinese companies can weather the first wave of unilateral US sanctions set to hit Iran on Tuesday by expanding the use of renminbi (RMB) in their transactions with Middle East countries, Chinese observers said Monday.
2018-08-15 -
John Ross: US growth under Trump slowest since World War II
US President Donald Trump held a special press conference following the announcement of US annualized quarter-on-quarter growth of 4.1 percent in the second quarter to claim that this was "historic" - by which he meant "historically high." This was a particularly clear case of "fake news" coming from a US president.
2018-08-14 -
China’s July social financing below forecast
While China's July financial statistics showed the real economy is being supported by increased money supply, monetary policy cannot be the ultimate solution to economic pressures, said experts.
2018-08-14 -
John Ross: US sanctions against Iran, no bully is respected
In an effort to achieve "world peace," Donald Trump has decided to re-impose "the most biting" sanctions against Iran. The US has urged all its allies to cut off oil deals with Iran, the world's fifth largest oil producer, by zero this November.
2018-08-13 -
Danilo Turk: In search of balance, Intellectual property and technology transfer
This June the EU issued a formal communication following the dispute settlement procedures of the World Trade Organization. The EU is requesting consultations with China relating to Article 64 of the Agreement on Trade-Related Aspects of Intellectual Property Rights. The EU alleges China imposes restrictions on foreign intellectual property rights holders, who, because of restrictions, cannot freely negotiate market–based contractual terms of licensing and other technology-related contracts. The
2018-08-13 -
Ding Gang: Street vendors economy unsustainable
The development of emerging Asian economies is entering a bottleneck due to the structure of employment. On the surface, boosting employment is the main challenge, but in essence, the existing employment structure is unstable. This jeopardizes sustainable development.
2018-08-13 -
Danilo Türk: Three key messages of China's 40-year reform and opening-up
The past 40 years have witnessed one of the most spectacular changes in history. Not only was China - in its period of reform and opening-up - able to lift more than 800 million people out of poverty, it has also influenced, in a very positive manner, the global economic development.
2018-08-13 -
Liu Zongyi: Foreign policy key for Modi in 2019 elections
Various political parties are gearing up for India's general elections slated for the first half of 2019. Apart from the fierce competition with opposition parties, there are internal conflicts within the incumbent Bharatiya Janata Party (BJP). Opposition parties, notably the Congress party, are anxious to defeat Prime Minister Narendra Modi and his BJP, while Modi's own party members are trying to replace him. It seems that the focus of the struggle is on Modi. So, have his domestic and foreign
2018-08-13 -
John Ross: A trade war will cut US living standards
The U.S. media is aware that the Trump administration has only a narrow window of opportunity to attack China in the "trade war" before the situation in the U.S. worsens. The Trump administration aims to use the normal upswing of the U.S. business cycle in 2018 to disguise the pain that U.S. tariffs are causing for the U.S. population, companies, workers and farmers – before a downturn of the U.S. business cycle in 2019-2020 makes that pain more severe.
2018-08-10
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