US President Donald Trump pulled the United States out of the Iran nuclear deal and reimposed sanctions on the Middle East country on Tuesday. The deal, formally known as the Joint Comprehensive Plan of Action, was signed by the five permanent members of the UN Security Council (the US, Russia, China, Britain and France), Germany and Iran in Vienna on July 14, 2015, after 18 months of negotiations, and immediately approved by the Security Council.
US index publisher MSCI announced Tuesday the inclusion of 234 China`s A shares to its influential global equity indices, including the MSCI Emerging Markets Index, making good on a long-discussed plan and offering a significant boost to the Chinese financial market.
For almost 40 years, since China’s well-known”reform and opening” movement beginning in the late 1970s, the economic relationship has been the solid bedrock of a stable and largely cooperative U.S.-China relationship. Despite the recent complaints about being treated unfairly in each other’s markets, there is no denying that both Washington and Beijing have benefited tremendously from their economic interdependence.
The Blue Book of Real Estate, released on Monday by the Chinese Academy of Social Sciences said that house prices in first-tier cities are unlikely to bounce back in the short term.
Given President Trump`s tax cuts, and his claim that he will strongly accelerate the U.S. long term annual average growth rate to 4 percent, or even higher, considerable attention is necessarily focusing on the latest U.S. GDP figures. Almost simultaneously the IMF published its new five-year prediction for U.S. economic growth. Taking these together therefore provides a significant opportunity to assess whether President Trump`s policies have succeeded in changing the growth path of the U.S. ec
On May 10-11, famous American think tank Center for Strategic and International Studies organized two symposiums in Washington, DC, with the themes "Global Economic Order and China-US Relations" and "China-US Relations in the Past 40 Years". Nearly 200 figures from US political and think tank circles, including Senators, attended the two events in which Chinese ambassador to the US, Cui Tiankai, gave the keynote speech. Former US deputy secretary of state and former president of the World Bank,
China on Wednesday urged the signatories to the Iran nuclear deal to safeguard the integrity of the agreement after President Donald Trump unilaterally pulled the US out of the pact, raising the risk of confrontation in the Middle East and casting a shadow on the upcoming US-North Korea nuclear negotiations.
On the last day of my recent Japan tour, I visited Kitakyushu Eco-Town. The tour guide presented our delegation with a map of the eco-town: 500 kilometers northeast is Tokyo and 500 kilometers southwest is Shanghai.
After the breakout of the 2008 financial crisis, many developing countries including BRICS nations began to emerge, pursuing a change in the international order. What is the role of finance on the global order and international community? With increasing trade frictions between the US and China, how should the top two economies of the world get along with each other?
On April 30, the New York Times reported something that could be bad news for China. It said that the White House is considering adjusting the US visa policy for Chinese citizens, with more limitations and checks to be conducted on Chinese academic researchers and employees of high-tech companies.
There were two meetings that took place in Beijing on May 4, 2018. One was a meeting to celebrate the 200th anniversary of the birthday of Karl Marx. The other was a smaller meeting held by a delegation of high-ranking US trade officials with their Chinese counterparts.
The latest round of trade talks between China and the US has come to an end. Although the two countries didn`t sign any agreements, they exchanged ideas on issues including expanding US exports to China, bilateral services trade, two-way investment and protecting intellectual property. The two countries agreed to stay in close communication on relevant issues and establish a corresponding work mechanism.
The recent trade dispute between China and the United States and the threat of the US sanctions on Chinese goods has fueled speculation of a trade war between the two most important economic powers in the world. While most experts are in agreement that such a trade war would be absolutely devastating for both countries, with no up-sides whatsoever, if a solution is not forthcoming at the present round of meetings between the two delegations in Beijing, the danger of such a trade war could be imm
Financial experts discussed with Sputnik remarks by Argentine Ambassador to China Diego Ramiro Guelar, who said recently that talks about a possible free-trade deal between China and South America’s major economies could start as early as next year.
On the evening of April 25, RDCY Seminar Series No.111 was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Kuang Weida, a professor at the School of Business at Renmin University of China was invited to give a lecture on the financial risks on China’s real estate market.
High-level trade negotiations between China and the US should be on an equal footing, and the US delegation must be sincere, and not use a "carrot-and-stick" approach, if the two sides are to reach any agreement, analysts said.
The trade delegation sent by the US government is set to arrive in Beijing on Thursday. Judging from the high-level organizational lineup, the US government is attaching tremendous importance to economic relations with China.
Chinese President Xi Jinping held an informal meeting with Indian Prime Minister Narendra Modi on Friday and Saturday in Wuhan, capital of Central China`s Hubei Province. This is the most inspiring diplomatic endeavor made by the two countries to mend ties since last year`s Doklam standoff. The meeting will exert enormous influence on Asia and the world.
During the trip to Japan last week, I attended a meeting in an office of Japan`s Niconico, a Japanese video sharing service on the web. One of the topics of the meeting was related to the first documentary on this subject since the end of World War II.
President Xi Jinping has announced in his keynote speech in Boao Forum for Asia that China would further open up its market, particularly in the banking and insurance sector.