Chinese enterprises will not pull out of Iran after US sanctions kick in, but they may face a tough business environment due to pressure from the US, Chinese analysts said following reports that the US demanded China and other countries cease imports of crude oil from Iran.
China has not only comprehensively fulfilled its commitments to the World Trade Organization (WTO), but has also provided huge opportunities to its trade partners and made enormous global contributions, according to a white paper on China and the WTO.
China plans to establish two international courts to resolve business and investment disputes involving the Belt and Road initiative, with experts saying the courts will be international judicial institutions designed in accordance with international rules and laws and will invite notable and authoritative legal experts and professionals from outside China to participate.
John Ross was interviewed by `Loud and Clear` on China-North Korea relations and possibilities of economic reform in North Korea.
The huge dividends India enjoys from the Asian Infrastructure Investment Bank (AIIB) will eventually push the South Asian country to embrace the China-proposed Belt and Road (B&R) initiative, experts predicted on Tuesday.
On Tuesday, some Chinese and Japanese scholars along with former officials organized an event in Shanghai to commemorate the 40th anniversary of the signing of the Sino-Japanese Peace and Friendship Treaty. The scale of the activities is rare in recent years, reflecting a thaw in China-Japan relations.
The exchange rate of the yuan weakened to a five-month low against the US dollar on Friday, but analysts said they did not expect Chinese authorities to use depreciation of the Chinese currency as a way to help it gain amid trade tensions with the United States.
US President Donald Trump`s first round of tariffs on $34 billion of Chinese goods will take effect from July 6 and Beijing has vowed retaliatory measures. A trade war between the two largest economies in the world may break out at any moment.
China has enshrined Xi Jinping`s thought on diplomacy as the supreme guidance to the country`s foreign affairs at a key conference, which also urged the country to take an active part in leading the reform of the global governance system.
After the US government recently decided to impose a 25-percent tariff on $50 billion worth of Chinese imports, China immediately announced additional 25-percent duties on 659 US goods worth $50 billion.
China`s newly-unveiled financial measures to ease credit strain on small- and micro-sized businesses (SMBs) are necessary for their development, experts said.
Big powers are generally stronger in dealing with the external strategic environment than smaller countries. But they are facing more suspicion and are less popular in their regions.
Starting at the end of last year, the difficulty of achieving the "Made in China 2025" initiative increased, with pressure from the US trade provocation and the domestic transformation and upgrading upgraded. To get to 2025, eight years lie ahead. In that time, China`s manufacturing sector faces a protracted war that`s similar to the Anti-Japanese War (1937-45) it fought.
On the evening of June 12th, RDCY Seminar Series was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Professor Song Lifang, deputy dean of the “Belt and Road” Economic Research Institute at Renmin University of China (RUC) and professor of the School of Economics of RUC, delivered a speech themed with “foreign anti-dumping against China and China’s coping strategies”, focusing on the basic conditions, product industries, characteristics of this issue and C
After firing the first shot in the China-US trade war, Donald Trump has just raised the stakes. He threatens to impose tariffs on an additional 200 billion US dollars worth of Chinese goods if China “refuses to change its practices".
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.