Taking the opportunity of the 60 year anniversary of the establishment of diplomatic relations between China and Iraq, Chinese President Xi Jinping said he is willing to work with the Iraqi president to deepen bilateral strategic partnership.
The Belt and Road Initiative (BRI) was initially intended to establish connectivity throughout the Eurasian continent but has now gone beyond to reach Africa and Latin America. The network is a powerful global cooperation platform through the air, land, sea, and the Internet.
Although, most of the international organizations, including the World Bank and IMF, have credited China as the largest investment contributor and the biggest constructor for Africa, Western media and some government officials have misleadingly distorted China's loans to Africa as so-called "debt traps" or "neocolonialism."
The launch of Strategic Security and Military Cooperation between China and Africa, expected to be approved by the FOCAC Summit, is a major roadmap aiming at a coordinated response to the many interlinked challenges confronting the stability of the continent with the purpose of strengthening security and resilience, conducting cross-border counter-terrorist operations, combined military training and joint operations, deepening exchanges on new technologies, and intelligence sharing on security o
Together, Africa and China should spare no effort to rebalance economic globalization so as to advance Africa toward the “efficiency-driven” stage where competitiveness depends on higher education, better developed labor and financial markets, and the adoption of new technologies.
China has officially eased foreign ownership curbs in the banking sector, indicating that the country is taking steady steps to further open its financial sector, and experts predicted that there would be more measures to be implemented amid the country's strong determination to reform.
Sino-South Korean relations have plunged since the deployment of the US' Terminal High Altitude Area Defense (THAAD) anti-missile system in South Korea last year, which affected communication between the countries. It's understandable that seminars involving political and diplomatic relations between the two countries were affected.
The US Indo-Pacific strategy seeks to use political (emphasizing democratic values), economic (exclusive institutional economic and trade arrangements), diplomatic (strengthening bilateral alliances and sowing discord between China and other countries), military (joint military exercises and arms sales) and other means to co-opt China’s neighboring countries to undermine China, contain China’s rise, and ultimately maintain US hegemony.
The world is threatened by tariff hikes and prospects of a trade war, accompanied by improvised suggestions for abrupt changes in the international trading system. This is not only frightening but also paradoxical in light of the fairly consistent and positive developments in the global trade system over the past decades.
China and the US were set to resume their often contentious trade talks on Wednesday in Washington with both sides remaining circumspect about a possible breakthrough, considering the delegations are being led by a Chinese vice minister and a US under secretary.
Malaysian Prime Minister Mahathir Mohamad's China visit that began on Friday is the most important high-level exchange since the new Malaysian government took office. The trip depicted a blueprint for bilateral cooperation and gave an answer to those pessimistic about China-Malaysia relations.
The China Banking and Insurance Regulatory Commission (CBIRC) has encouraged banks and other financial institutions to work more vigorously to meet the financing demand of the real economy, in particular, cash-starved private and small firms, agriculture and rural regions, and lagging economic areas including infrastructure.
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?
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.
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.
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.
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.
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.
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.
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.