The nomination highlights Trump`s characteristics. He does not follow past conventions in appointing officials. To name Powell, a non-economist seen by some observers as an amateur, to run the Fed shows that Trump values competence rather than academic background.
Unlike Chinese models, foreign models have very distinguished facial features and figures. They are a prominent sight on taobao store, at auto shows and professional meetings, representing a special brand culture. Businesses want to be international, exotic and popular, Zhang told the Global Times.
China has entered a new era in building socialism with Chinese characteristics. In the economic arena, the new era means China will be more open and the economy will be more vibrant. The next five years will also see China further open up its financial sector and the changes in the financial system will be unprecedented.
John Ross is the former director of Economic and Business Policy of London, and a senior foreign researcher at Chongyang Institute for Financial Studies, Renmin University of China. He has created the English website "Learning from China" to promote China`s road to the west.
US President Donald Trump starts an official visit to five Asian countries on Friday, one of the most important visits abroad since he took office. Security and trade will be in focus during the trip.
In the field of ordinary consumer goods, China`s manufacturing has long been a world leader, but it has not done so well in terms of high-end products.
Following the Doklam border standoff, Chinese students are reporting that they cannot get their India visas renewed, leaving them stranded there.
The trade deficit is huge from India’s point of view. But, there is a huge potential for investment and exports in the agriculture, IT and pharmaceutical sector in China. The quality of the Indian agricultural products however is not up-to-themark in comparison to similar products from other Asian countries.
Why is India having trouble promoting economic reform? It may be due to the political ecology of this country. India lacks a centralized authority similar to that of China, led by the Communist Party of China (CPC), which is the driving force of the nation`s rapid economic development.
For a long time scholars and pundits have debating whether or not China has a clear grand strategy. Most believe the answer is “No,” mainly because the Chinese government has never clearly articulated a coherent version of grand strategic thinking in front of the world. Now that has changed.
Last week, the 19th National Congress of the Communist Party of China learnt that since the last congress in 2012, as many as 34 central State-owned enterprises, or SOEs, have been restructured, with their overall number falling to 98 from 117.
US President Donald Trump will start his official visit to China on November 8, just days after the Communist Party of China (CPC) concluded its 19th National Congress. In his report to the Congress, Xi Jinping announced that his government will build a "great modern socialist country" by the middle of the 21st century while Trump is making efforts to "Make America Great Again." At the moment, the relationship between China and the US needs to be redefined to make the two countries become great
US President Donald Trump Wednesday congratulated Chinese President Xi Jinping on being re-elected general secretary of the Central Committee of the Communist Party of China. This set a harmonious tone for Trump`s visit to China in November.
China`s focus has shifted to higher-quality growth and will no longer target doubling the country`s GDP in its two-stage development plan from 2020-2050, a senior official said on Thursday.
The middle-income trap is what happens when economic stability becomes economic stagnation. The World Bank estimated in 2012 that of 101 middle-income economies in the 1960s, only 13 became high-income ones in 2008.
Connectivity of China with South Asia under the Belt and Road Initiative can only make a better Asia, experts said in Kavre, Nepal on Tuesday.
US Secretary of Defense James Mattis is paying an eight-day visit to Asia in a bid to "reaffirm the enduring US commitment to the Asia-Pacific region." It`s seen as preparation for US President Donald Trump`s upcoming trip to Asia in November.
The Chinese economy will be able to steer clear of rapid declines in GDP growth during the new development era, a prominent economist has said, while ruling out the possibility of an immediate rebound.
Chinese experts Wednesday slammed an Indian official`s remarks that China has been culturally controlled by India, saying the official is trying to boost the country`s national pride.
A modern economy is an urgent requirement for a smooth economic transition and a strategic goal, according to Xi`s report delivered at the opening of the congress. It will be achieved through supply-side structural reform, innovation, a socialist market system and opening up.