US President Donald Trump announced on June 12 that he intended to end US military drills with South Korea, calling them "inappropriate" and "provocative." He also said he wants "at some point" to withdraw US troops currently stationed in South Korea. A public clamor resulted as this was seen to be another of Trump`s whimsical decisions. Criticized by US politicians, Trump`s shocking declaration left Seoul at a loss and made South Korean troops nervous.
The summit between US President Donald Trump and North Korean leader Kim Jong-un in Singapore is an important breakthrough in the history of North Korea-US relations. It brings the nuclear issue closer to resolution. Although more likely to be a consensus, the goal of complete denuclearization of the Korean Peninsula was reaffirmed in the joint statement that the two countries signed. The Trump administration also pledged to halt the annual US-South Korea joint military drill, which fulfills the
Since the Brexit negotiations commenced on June 19, 2017, political tensions have given rise to economic uncertainty. Paris has eclipsed London as the most attractive European destination for foreign direct investment. The sentiment within the UK is dismal, as each household has seen its annual income shrink by 900 pounds.
In his keynote speech at the 17th Shangri-La Dialogue recently held in Singapore, Indian Prime Minister Narendra Modi emphasized "freedom of navigation" in the South China Sea and "peaceful settlement of disputes," also criticizing the initiatives that place other countries "under impossible debt burden," which were possibly insinuations against Beijing`s South China Sea policy and the Belt and Road initiative.
Over the past four years, a batch of major joint projects have been completed in SCO member states under the framework of Belt and Road, including highways, railways, tunnels and electric power plants, which improve the cross-border logistics conditions and promotes the development of the SCO countries.
Shanghai TV & Film Festival (SIFF) has opened at the heels of a successful SCO Summit, where “Shanghai Spirit” is re-enhanced by Chinese President Xi Jinping and state leaders who attended the summit. Shanghai Spirit envisions mutual trust and mutual benefit, equality and consultation, respect for diversity of civilizations and pursuit of common development.
When US President Donald Trump and North Korean leader Kim Jong-un sat together for a working lunch on Tuesday, they saw two Chinese dishes on the menu - Yangzhou fried rice and sweet and sour pork. I wonder how the Singaporean waiters described the food to the statesmen, but they must have used the term Yangzhou.
The Federal Reserve raised its benchmark short-term interest rate a quarter of a percentage point on Wednesday and the emerging market countries need to be alerted about the upcoming impacts, experts predicted.
Economic cooperation has become one of the major components of Shanghai Cooperation Organization system, with observers suggesting significant headway has been made in economic and trade cooperation among SCO countries in the 17 years since the group`s founding.
On the evening of May 30th, RDCY Seminar Series was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Professor Huang Jun, deputy director of China Art Financial Institute at Renmin University of China, delivered a lecture interpreting the artwork and financial development in the view of modern era. She pointed out that the investing and collecting arts is originally a lifestyle.
The 18th Shanghai Cooperation Organization (SCO) Summit held in China last weekend was a vote of confidence in peaceful cooperation and globalization among its group members, said foreign relations experts and scholars.
Corruption and coup d`états are two headaches of Chinese investors when going global. There`s a saying in China that "money comes from danger," and some businessmen believe that getting close to the powerful will bring results. But the huge speculative and moral risks arising from such behavior are unfortunately ignored.
By joining the SCO, India hopes to strengthen anti-terrorism cooperation, stabilize the situation in Afghanistan and realize connectivity to Central Asia.
Loaded with auto parts and food, a freight train will depart from CRIntermodal Qingdao Terminal in east China`s Shandong Province about every three times a week. It will arrive in Kazakhstan`s commercial capital Almaty about ten days later, and on to five Central Asian countries including Kyrgyzstan and Tajikistan.
Recently US President Donald Trump`s "drunken fist" on trade issues has dazzled the world. Its allies have all been affected. Grievances and anger enshroud the West. Many of Trump`s practices are like "drunk driving," which is destroying the global trade regulations and inviting chaos to the world economy.
The rise of China to the center of the world economy will inevitably influence the shape of the current global order that evolved during the 20th century. To understand how that influence could be deployed, it is instructive to examine some of the significant multilateral measures China has led since it stepped onto the world stage some 40 years ago.
China is poised to increase investment in fellow Shanghai Cooperation Organisation (SCO) member states, offering billions of dollars in special loans that will boost infrastructure and industrial development in these countries, experts said, while also increasing economic and trade cooperation within the traditionally security-focused bloc.
The presidents of China, Russia and Mongolia pledged to strengthen trilateral cooperation during their meeting on Saturday. The trilateral meeting, the fourth of its kind, was chaired by Chinese President Xi Jinping and attended by Russian President Vladimir Putin and Mongolian President Khaltmaa Battulga. They reviewed the achievements of trilateral cooperation and discussed priority tasks and directions for the next phase.
The Shanghai Cooperation Organization (SCO) holds its summit in Qingdao from June 9-10. Merely to list the SCO members makes the significance of the summit obvious. The SCO includes as full members China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan. Its official observer states are Afghanistan, Belarus, Iran and Mongolia, while its dialogue partners are Armenia, Azerbaijan, Cambodia, Nepal and Sri Lanka.
The "Shanghai Spirit" is the most valuable asset in the 17-year history of the Shanghai Cooperation Organization, said former Kyrgyz prime minister Djoomart Otorbaev.