A trade deal between the European Union and the U.S. is said to be in the works, causing a temporary relaxation of tensions between the two.
During my recent trip to Japan, a friend told me that the elevators in the building of a Chinese institution in the country had been used for nearly 20 years and never had a malfunction. Maintenance personnel come to inspect and maintain the elevators regularly.
The US administration is said to be gearing up to unleash another "trade bomb" to scare China: increase tariffs on 200 billion US dollars' worth of goods from China from 10 percent to 25 percent, thus igniting chaos and concern in the world market.
The visit to China by Jeremy Hunt, the British Foreign Secretary, has raised hopes that the 'golden age' of China-UK relations, established under former UK Prime Minister David Cameron, will be maintained. During that period Britain sought excellent economic relations with China, took independent steps in foreign policy such as joining the Asian Infrastructure Investment Bank despite US opposition, and minimized provocative attempts to interfere in China's domestic affairs in Hong Kong and elsew
The key to boosting domestic demand is to develop the real economy, which the government is supporting with the launch of new financial and fiscal policies, experts said on Tuesday.
US Secretary of State Mike Pompeo said during the 2018 Australia-United States Ministerial Consultation meetings that he was confident South Pacific countries would choose the US over China, despite the Asian power's move to make economic and strategic advances at small island nations. The remarks have caused concern that the South Pacific region is becoming the stage for new cold-war strategic competition between China and the US.
China and the EU should pursue in-depth industrial cooperation that takes a long-term view and Chinese companies should not halt their steps in going global due to acquisition setbacks, experts told the Global Times on Monday.
For a long time, the traditional pattern of development has significantly promoted economic growth and globalization. On the other hand, it has also faced many challenges.
China on Thursday voiced support for an agreement reached by the US and the EU to put new tariffs on hold while officials negotiate a potential trade deal, but urged the US and the EU to adhere to WTO rules and nondiscrimination principles in any bilateral deal.
That “China is a currency manipulator” is a lie spread out by the US for many years. We found it very interesting that whenever the US met economic problems it used to blame China as a currency manipulator and even threaten to impose punishment on China.
The leaders of the BRICS countries – Brazil, Russia, India, China and South Africa – meeting in their annual summit this year in Johannesburg represent 41 percent of the world's population. This by itself makes it a key international event – a type of equivalent of a G7 for developing countries. But BRICS represents a greater proportion of world economic growth than the advanced G7 economies.
The 10th BRICS Summit kicked off Wednesday in Johannesburg, South Africa. Under the theme "BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution," the summit has designed an extensive outreach program that engages chair countries of various African organizations based on the BRICS-plus mechanism proposed by the Xiamen Summit last year. Countries including Rwanda as chair of the African Union, Angola as chair of the SADC Organ, Namibia as incom
Globalization has boosted trade as well as investment. Most multinationals increasingly rely on a global market for profits rather than their parent country. Analysts call American multinationals economic pioneers and say they're the biggest beneficiaries of globalization as they move to reduce the impact of ongoing trade wars.
Chinese President Xi Jinping visited Senegal and Rwanda and is in South Africa before attending this week’s BRICS summit. This is Xi’s fourth visit to Africa in five years and the first overseas trip of his second term as China’s leader.
The change in the way Americans look at Chinese students in the US is in line with the American mind-set of looking at China. This would help us gauge the public opinion about President Donald Trump's trade war with China.
Joe Courtney, ranking member of the Seapower and Projection Forces Subcommittee of the House Armed Services Committee, recently speaking at Hudson Institute accused China of challenging the "70-year reign of freedom of navigation" and trying to change the "peaceful rule of law that existed in the maritime realm." The accusation is nothing new compared to what the US has leveled over the past few years.
As an emerging sector, mobile payments cannot avoid the negative effect brought by the ongoing trade tensions, which are in nature intended to contain China's further development in the high-technology sector.
Open to trade is one of the driving forces of China's economic growth, which will continue to grow at about 6.5 percent, said John Ross, Senior Fellow at Chongyang Institute for Financial Studies, Renmin University of China.
When describing Sino-Pakistani friendship, people often use words like higher than the mountains, deeper than the sea, sweeter than honey, harder than steel, and more precious than the eyes. The two countries have established an all-weather and all-round strategic partnership that is time-tested and is a model for other countries with different social systems to build good neighborly relations.
China and Rwanda are expected to sign more than a dozen trade and investment deals during Chinese President Xi Jinping’s state visit as Beijing seeks to cement its strategic influence in Africa and the Middle East.