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China-Russia ties can reduce dependence on US
The world economy is gradually recovering but the US is causing uncertainty by acting aggressively toward its trade partners all over the world. Against this backdrop, before China, Russia and other BRICS members gather in Johannesburg, South Africa from Wednesday to Friday, the fourth China-Russia Economy Dialogue was held in Beijing by the Chongyang Institute for Financial Studies at Renmin University of China on July 15 and 16. On the sidelines of the conference, Bai Yunyi, a reporter with th
2018-07-25 -
Possible currency war will hurt all Yuan’s decline not ‘manipulation'
China on Monday dismissed recent claims from US officials that suggested China has been deliberately devaluing its currency to gain advantage in exports, saying such accusations are baseless and could lead to a currency war that would further hurt both countries and the global economy.
2018-07-25 -
Authorities investigate vaccine maker as scandal enrages public
China launched a nationwide inspection over the safety of vaccines amid a huge public outcry after evidence showed one of the country's largest vaccine makers fabricated data and provided substandard vaccines to children.
2018-07-23 -
Wang Yiwei: Emerging bloc has challenges and missions ahead
As a multilateral cooperation platform for Brazil, Russia, India, China and South Africa, BRICS has become an active player in global governance. The 10th BRICS summit in Johannesburg, South Africa, from July 25 to 27 is significant, because it brings together the leading emerging economies which are committed to safeguarding and promoting globalization and free trade amid growing unilateralism and trade protectionism in many parts of the world.
2018-07-23 -
US fails to bag allies against China at G20
The US is trying to offer Europe and Japan free-trade deals at a G20 finance ministers meeting in an attempt to gain advantage in the trade war with China, but was turned down by France as Chinese experts asserted the Trump administration has lost all respect for global trade rules.
2018-07-23 -
Nation complains to WTO over US tariffs
China lodged a complaint on Monday to the World Trade Organization regarding the United States' proposed tariffs on $200 billion worth of Chinese imports, the Ministry of Commerce said in a statement.
2018-07-20 -
China will never make reforms under US pressure
China will not concede to US tactics, and the "ball is always in the US' court," Chinese officials and experts stressed on Thursday amid trade frictions between China and the US, after US President Donald Trump's top economic adviser accused China of stalling efforts to resolve a growing trade dispute.
2018-07-20 -
Wen Yang: How does Trump choose his enemies?
US President Donald Trump kept tossing bombs all through his Europe trip. He called the European Union a “foe” of the US soon after the NATO Summit and implied he would trust Russian President Vladimir Putin rather than his own intelligence services after the meeting with his Russian counterpart.
2018-07-20 -
Ding Gang: Trump’s unilateralism driven by US hegemony
Power is corrosive, and hegemonic power more so. Unilateralism is an example of the corrosion of power. The unilateralism in trade being exercised by the US is in essence a result of the habitual exploitation of power.
2018-07-19 -
China's fiscal policy ‘should inject more certainty into deepening reform’
As economic uncertainty increases, China's fiscal policy needs to inject certainty into the economy and social development, safeguarding the country's deepening reform, an expert said.
2018-07-19 -
Xi begins Mideast, Africa visits to help spread value of B&R initiative
Chinese President Xi Jinping will start his visit to the Middle East and Africa on Thursday. Chinese experts said his trips could help more countries benefit from the China-proposed Belt and Road initiative.
2018-07-19 -
China confident in coping with global uncertainties
An official from China's top economic planner said Tuesday that the commission will speed up an assessment of negative impacts on domestic companies arising from the ongoing Sino-US trade row, and will provide "targeted support" after this assessment.
2018-07-18 -
Wang Peng: The Real Victims
After U.S. President Donald Trump instigated a trade war that launched 25-percent tariffs on $34 billion worth of Chinese products on July 6, the Chinese Government immediately retaliated with tit-for-tat duties on U.S. goods.
2018-07-17 -
China, EU are not forming anti-US bloc
China and the EU on Monday agreed to jointly work to safeguard the rules-based international order, promote multilateralism, and support free trade, a move that experts say is not an attempt to create a bloc to oppose the US for imposing trade tariffs against China and the EU.
2018-07-17 -
Trade in first half year more balanced
China is confident it can cope with a more uncertain second half of the year in maintaining a steady and positive foreign trade growth momentum, the General Administration of Customs (GAC) said on Friday despite experts' warning of pressure to China from a trade row with the US.
2018-07-16 -
He Weiwen: US tariffs will end up in failure
The Trump administration has imposed a 25-percent tariff on 818 import items worth 34 billion US dollars from China on Friday. China immediately retaliated by imposing a levy of the same scale, placing a 25-percent tariff on the same volume (34 billion US dollars) of imports from the US. The Chinese Ministry of Commerce said in a statement that the US has started the "largest trade war in economic history." The trade volume immediately dwarfed the similar US tariff wars with Canada and the EU.
2018-07-16 -
Wen Yang: Death by misreading of China
The Sino-US trade war has started and things are escalating fast. Many commentators believe that the war is developing in accordance with the script of "Death by China" by one of US President Donald Trump's top advisors Peter Navarro.
2018-07-16 -
Trade war has limited impact on Chinese economy
The trade war involving $50 billion between China and the United States will have limited impact on the Chinese economy, central bank economist Ma Jun said on Friday.
2018-07-13 -
China’s loans to Africa leave their sovereignty unscathed
China's investment and loans in African countries are designed to help them improve basic infrastructure, increase productivity and achieve self-reliance, which analysts say differs from years of strings-attached aid from the West.
2018-07-13 -
China dismisses criticism at WTO
China on Thursday defended its role at the WTO as it faces rising criticism from some WTO members, saying that it has fulfilled its promise to the multilateral trade body and its continued reform efforts have created great opportunities for global economic growth and tangible benefits for trade and investment partners.
2018-07-13
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