LATEST INSIGHTS
Your Present Location: LATEST INSIGHTS-
Dong Ximiao: Joint efforts can clean breeding grounds for bad debt in China
China`s banking regulator has announced it would adjust the provision coverage ratio for commercial banks from 150 percent to a range of 120-150 percent and the loan provision ratio from 2.5 percent to a range of 1.5-2.5 percent. The notification also said the ratios will be adjusted on a case-by-case basis within these ranges. These steps show China is moving forward with curbing bad debts.
2018-03-20 -
Zheng Xinye: Five development concepts to change China profoundly
During China`s “two sessions” in 2018, Chongyang Institute for Financial Studies at Renmin University of China (RDCY) launches a series of seminars to interpret hot topics. On the evening of March 12, the second lecture was given by Professor Zheng Xinye, associate dean of School of Economics at Renmin University of China, to analyze how the five development concepts will change China.
2018-03-19 -
Chinese youth adopt "Buddha-like" mindset in face of modern pressures
Chinese youth are defiantly embracing a "Buddha-like" mindset, with slogans such as "anything will do," "let it be" and "take life as it is" capturing media attention and stirring widespread debate on the usefulness of such thinking.
2018-03-16 -
Wang Yiwei: Could Belt and Road Initiative bring debt problems to small countries?
Debt imperialism! The Western media has given the Belt and Road Initiative (BRI) a new name. This label seems to have come about after more than 86 countries and international organizations signed the 102 Memorandum Of Understanding with the Chinese government to jointly build BRI projects, but some Western companies feel they do not have enough access to BRI projects.
2018-03-16 -
Institutional guarantee for China`s development goals
China unveiled a plan on March 13 to restructure the government with a cabinet reshuffle. The institutional reform plan of the State Council was submitted to the First Session of the 13th National People`s Congress (NPC) for deliberations. The plan is aimed at improving the government`s structure, efficiency and service orientation.
2018-03-16 -
Liu Zhiqin: Solving China’s water shortage key to ensuring growth
Recently, some observers have warned that China`s current water crisis is imminent, and if the problem cannot be solved effectively, it will limit China`s implementation of the next step of its economic plans.
2018-03-15 -
China and Russia should cooperate to gain from each other’s strengths
Wang said, "The sky is the limit for Sino-Russian cooperation, and we must continue to make the relationship even better." What will be the prospects of Sino-Russian relations and what fields can the two countries work together in 2018? At a conference hosted by Rossiya Segodnya in Beijing on Tuesday, experts from China and Russia shared their thoughts.
2018-03-15 -
Ding Gang: Is the Taj Mahal part of Indian culture?
Like all other tourists from China, I looked forward to seeing the Taj Mahal, described by Indian poet Rabindranath Tagore as "a teardrop on the cheek of time." On the way from Delhi to Agra, I visited the Hindu temple of Akshardham. The Hindu shrine lingered in my memory as I strolled the compound of the Taj Mahal. The stark contrast brought into my mind the rift caused by religion.
2018-03-15 -
Li Wei: Dollar distress could boost yuan internationalization
Since China has become the largest customer for oil producers in the Middle East, the international environment has steered toward internationalization of the yuan. Especially since Donald Trump became US president in January 2017, the dollar has been weakening. The US` move toward protectionism and anti-globalization has caused anger around the world and undermined confidence in the dollar among international investors. This represents an opportunity for the yuan.
2018-03-14 -
Di Dongsheng: What mistakes of those who underestimate RMB
During China “two sessions” in 2018, Chongyang Institute for Financial Studies at Renmin University of China (RDCY) launches a series of seminars to interpret hot topics. On the evening of March 12, the second lecture was given by Professor Di Dongsheng, associate dean of the School of International Studies at Renmin University of China to analyze the common mistakes of those who underestimate the RMB.
2018-03-14 -
Wang Yiwei: European Changing Attitude towards Chinese BRI
General Secretary Xi Jinping pointed out in his report to the 19th CPC National Congress that with decades of hard work, socialism with Chinese characteristics has crossed the threshold into a new era.
2018-03-13 -
Wang Wen: Strengthening Eco-civilization to make beautiful China shared by everyone
CCTV-4 "China News" program opens up a special report on "China`s New Era" . Wang Wen, executive dean of Chongyang Institute for Financial Studies at Renmin University of China, was invited to talk with the CCTV anchor Zhou Yingfeng on the hot topics regarding Eco-civilization and Eco-finance on March 10.
2018-03-13 -
Zhao Minghao: Optimism mixes with skepticism in run-up to key North Korea-US talks
US President Donald Trump`s acceptance of North Korean leader Kim Jong-un`s invitation for a meeting may bring dramatic changes to the situation on the Korean Peninsula. Kim made a number of unexpected commitments during talks with the visiting South Korean delegation in Pyongyang. He said North Korea would be willing to hold talks with the US on denuclearization and would suspend nuclear and ballistic missile tests while dialogue continues. He also said he "understands that the routine joint mi
2018-03-13 -
China’s critical role in Trump-Kim summit
In sharp contrast to last year`s crisis-riddled situation, the Korean Peninsula is now embracing an uneasy détente. In addition to inter-Korean rapprochement, North Korean leader Kim Jong-un and US President Donald Trump, who once traded personal insults, agreed to meet in May this year. US-North Korea rapprochement seemingly is in the making. As Kim and Trump grab headlines and enjoy the limelight, one thing that deserves special attention is China`s role in promoting the US-North Korea summit
2018-03-12 -
Trump ignores China’s efforts to pursue trade balance
US President Donald Trump`s Twitter request that China reduce its trade surplus is unrealistic and unreasonable, which ignores China`s on-going efforts to expand US imports to alleviate the trade imbalance, Chinese experts said.
2018-03-12 -
Wang Wen: Preventing anyone falling behind in building moderately prosperous society
In his interview, Wang Wen said that the moderately prosperous society not only means the GDP growth, but also reflects a comprehensive development situation such as social stability, environment protection, economic sustainable development, and People’s solidarity, from which demonstrate a comprehensive, balanced, inclusive development situation and future of the society.
2018-03-12 -
William Jones: New Changes Considered for Chinese Constitution
The convening of the National People`s Congress this year is occurring at a very drmatic and decisive period in the history of China. The last five years have seen the emergence of China on the international scene not merely as a participant in global affairs, but rather as a formative force. The initiation of the Belt and Road Initiative by President Xi Jinping in 2013 really set into motion a process that has transformed the direction of the world economy.
2018-03-09 -
World reacts angrily to Trump tariff plan, retaliation against US likely
US President Donald Trump`s call for tariffs on steel and aluminum imports as well as his rhetoric about the need for such a move has triggered threats of tit-for-tat retaliation measures from the EU, Canada, Mexico and Brazil, sparking growing concerns that a full-blown global trade war could be coming.
2018-03-09 -
Seeking high-quality development amid controlling risks
China has set its GDP growth target at around 6.5 percent for 2018, the same target it set in 2017, according to a government work report released on Monday at the ongoing annual two sessions.
2018-03-09 -
John Ross: China’s opening up beneficial for all countries
The opening up of China, the world’s most rapidly growing market, is potentially beneficial for all countries, said John Ross, Senior Fellow at Chongyang Institute for Financial Studies, Renmin University of China.
2018-03-09
京公网安备 11010802037854号
