Russia`s state-operated Russian-language news agency RIA Novosti said that China warned the Russian firm against drilling off Vietnam. It is obvious that both the Russian firm and media are influenced simply by Vietnam`s stance, which goes against China`s interests. While urging the parties concerned to adjust their stance, China should clearly set forth its own core interests as well.
From May 25th to 26th, the World Manufacturing Convention 2018, a major gathering of nearly 3000 political celebrities and business representatives from more than 100 countries and regions across the world, kicked off in Hefei City, Anhui Province. Wang Wen, the executive dean of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), was invited to moderate one of the sub-forums and deliver a speech at the plenary session. His opinions were published in China Daily on Ju
South Korean mediation was indispensable to the dramatic revival of the US-North Korea summit. Following this, South Korean President Moon Jae-in may travel to Singapore next month for a three-way summit with his US and North Korean counterparts.
The China-Pakistan Economic Corridor (CPEC) has developed faster than expected, but political stability in Pakistan will be the backbone of future sustainable growth, experts said.
This is an era in which the wealth of the super-rich grows exponentially, and in which the super-rich directly hold power. It is interesting to observe Trump overturning traditional game rules. But judging from his wealth background and his network of wealthy friends, I don`t think he will be able to topple either globalization or "financilization." Compared with his predecessors, like presidents Roosevelt and Reagan who saved the US from a capitalist crisis, Trump is more a destroyer than a bui
Tax cooperation related to the Belt and Road (B&R) initiative has entered a new era. A conference related to B&R tax cooperation, recently held in Astana, capital of Kazakhstan, created a framework for establishing long-term mechanisms for tax cooperation. This will have a positive impact on the construction of a global economic governance system.
The capricious nature of the Korean Peninsula crisis has peaked as US President Donald Trump decided to call off the June 12 meeting with North Korean leader Kim Jong-un on the same day North Korea dismantled the Punggye-ri nuclear test site, and then did a dramatic about-face telling reporters that the date and location of the summit "hasn`t changed."
The US should show more sincerity and consistency in its foreign policy and avoid fooling around with international society, Chinese experts warned Friday after US President Donald Trump said his meeting with North Korean leader Kim Jong-un could still go ahead, one day after he canceled the highly anticipated event.
Consumer confidence index in the first quarter reached its highest level in the past 10 years, buoyed by an improved macroeconomic outlook and better employment prospects, Nielsen`s latest survey showed on Thursday.
So the G20 framework should include it in promoting free and multinational trade. Only with the launch of such a common goal can the new globalization go smoothly, rather than worsening the imbalance and intensifying the conflict. The G20 also needs to achieve greater coherence in future governance. In other words, its policy-making ought to start from the development of global economy instead of a specific area or problem.
China and the US have agreed to step back from a trade war and put tariffs on hold, sending a sigh of relief across the world. The two nations are now formulating more specific agreements with an eye on achieving more balanced and positive economic and trade ties.
Private credit-scoring companies can supplement the state-run database in providing inclusive financial services
Some experts have explained the deficit on the basis of trade volume. But the real culprit is the monopoly of the US dollar in the global market. It is very important to clarify the relationship between the trade deficit and the current US policy.
Germany and France care about Middle East stability because any war in that region will have a serious impact on Europe`s security, and the Middle East is the main source of China`s energy supply. Therefore, China and Germany share a common concern, Wang said.
For most of the four decades of China`s reform and opening up, the United States has been the "foreign nation" that has had the most significant impact on China. This influence has seeped into all aspects of Chinese society and life.
China may introduce an ESG reporting mechanism for listed firms to require more transparency in disclosing information related with environment, social and governance issues, the China Securities Regulatory Commission (CSRC) said Monday.
At the invitation of the North Korean government, India`s Minister of State for External Affairs V K Singh visited Pyongyang last week. His trip surprised international observers, as high-level exchanges have not been seen between the two countries in recent years. The latest was in 2015 when then North Korean foreign minister Ri Su-yong visited New Delhi, the highest-level North Korean official to visit India in more than 30 years. In September of the same year, Indian Minister of State for Hom
On May 17th, organized by the Eurasia Center of America and the Embassy of South Africa, a conference themed “Doing Business with the BRICS”was held in Washington, DC. Chen Xiaochen, director of the International Studies Department of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), was invited to attend the meeting and gave a keynote speech.
On the evening of May 15, RDCY Seminar Series No.113 was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Lei Da, a professor at the School of Economics at Renmin University of China, was invited to give a lecture. He focused on the development of neo-liberalism and the international economic order, providing a profound and unique analysis for the historical development and interrelationships of the past few decades of neo-liberalism, financial liberalizati
The negotiations in Washington between the special envoy of President Xi Jinping and China`s vice premier Liu He, and a US economic team including treasury secretary Steven Mnuchin, showed the extremely responsible attitude of China towards trade talks with the US. China sought to ensure the development of the prosperity of its people while securing, not merely in words but in reality, a `win-win’ outcome for both itself and the US - while strengthening the global framework for world trade.