LATEST INSIGHTS
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China officially eases foreign ownership curbs in banking, more opening-up to come soon
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.
2018-08-24 -
Ding Gang: Can globalization still override political tensions?
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.
2018-08-23 -
Wang Peng: China’s countermeasures to US Indo-Pacific strategy
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.
2018-08-23 -
Danilo Türk: Why and how reform the world trading system?
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.
2018-08-23 -
Trump likely to ‘flaunt’ accord ahead of midterm elections
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.
2018-08-23 -
Zhao Minghao: Southeast Asia not a stage for Washington’s game
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.
2018-08-22 -
China pledges more efforts to finance real economy
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.
2018-08-21 -
Wang Yiwei: How the Belt and Road Initiative is changing Africa？
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?
2018-08-21 -
China's economy manageable despite pressures
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.
2018-08-20 -
Wang Peng: US Indo-Pacific strategy: a mixture of “hedging” and “wedging”
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.
2018-08-20 -
Wang Wen: Ten misunderstandings about Africa
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.
2018-08-20 -
China leads world at pushing market financial tools to create ecological civilization
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.
2018-08-17 -
A golden age for Chinese think tanks as policy institutes grow in quality and quantity
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.
2018-08-17 -
Liu Zhiqin: China’s achievements should be shared with world
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.
2018-08-16 -
External headwinds fail to stymie tech progress
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.
2018-08-16 -
Ding Gang: Religion-secularism row strains globalization
In spite of globalization being a secularizing process, the revival of religion during our times has become a common phenomenon. The heart going back to God reflects a resistance to globalization and a resilience that stems from being marginalized in the process.
2018-08-16 -
China's restrained new tariff 'rational'
Taking into full consideration the interests of its people and companies, as well as the global value chain, the Chinese government made the decision to impose differentiated tariff rates targeting $60 billion worth of U.S. goods. That's in stark contrast to the U.S.' one-size-fits-all tariff approach, which was ill-considered, they said.
2018-08-15 -
U.S. tariffs on Chinese imports to lead to "lose-lose situation"
The relationship between the United States and China could be win-win, since they are very “complementary economies”, John Ross, Senior Fellow at the Chongyang Institute for Financial Studies, Renmin University of China, told Xinhuanet in a recent interview.
2018-08-15 -
Chinese companies can weather US sanctions on Iran
Chinese companies can weather the first wave of unilateral US sanctions set to hit Iran on Tuesday by expanding the use of renminbi (RMB) in their transactions with Middle East countries, Chinese observers said Monday.
2018-08-15 -
John Ross: US growth under Trump slowest since World War II
US President Donald Trump held a special press conference following the announcement of US annualized quarter-on-quarter growth of 4.1 percent in the second quarter to claim that this was "historic" - by which he meant "historically high." This was a particularly clear case of "fake news" coming from a US president.
2018-08-14
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