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
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.
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.
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.
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.
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.
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.
Number "9" means luck and sustainability in Chinese. And the country`s box office, in the inertia of breaking records, created a new momentum by exceeding 900 million US dollars in just seven days during the Spring Festival. Topping the list of blockbusters were movies labeled as "Created in China", such as Red Sea Operation, Detective Chinatown, etc.
March 8 is International Women`s Day and public attention naturally falls on gender equality on this day. For developing countries such as India and China, gender equality is closely connected to their manufacturing industry.
Vietnamese President Tran Dai Quang`s trip to India came just weeks after Prime Minister Nguyen Xuan Phuc`s visit. Although Indian media said Quang`s visit was a historic milestone in ties, it was exaggerated. However, his trip does indicate the two countries are striving to advance the "comprehensive strategic partnership," which signals how the situation on China`s periphery is evolving against the backdrop of China`s rapid rise and the Indo-Pacific strategy promoted by the US, Japan, India an
During the past 40 years, the concept of free trade areas (FTAs) has been frequently mentioned, and FTAs have become a symbol of globalization. Developed nations in the West have tried to use FTAs as bridges to gain access to resources and the commercial advantages of free trade. Most developing countries have used FTAs to learn about international business operations and make connections with foreign companies.
China does not need to overreact or worry about strengthening ties between the US and Vietnam, a Chinese expert said in response to the recent visit of a US aircraft carrier to Vietnam.
China urged the US to be restrained in trade protection measures and contribute to protecting the multilateral international trade order, the Chinese Foreign Ministry said on Friday, in response to US President Donald Trump`s announcement of steep tariffs on steel and aluminum imports.
As President Xi Jinping`s concept of "building a community with a shared future for humanity" gains ground internationally, China will attach more importance to the five-year-old notion, with a view to finding an ultimate way to world peace.
In the interview, both complained a lot about inflation, expensive healthcare and low income, but they seemed satisfied with housing and public safety. Both of them had a three-bedroom apartment, thanks to Singapore`s fair housing plan. Also, Singapore had the lowest crime rate in the world.
This new round of negative opinions risks damaging China`s image not only at the macro level, but also at the micro level such as project details, specific operations and financial accounting. It means more elaboration is required as the B&R enters the strategic development stage.
China took strong exception on Wednesday to the United States decision of imposing anti-dumping and countervailing duties on aluminium products from the country and said will take necessary measures to defend the interests of its exporters.
An expected lower fiscal deficit-to-GDP ratio this year and a continual tax cut plan could add fiscal pressure on China and may result in a possible acceleration of bond issuance, analysts said on Thursday.
China`s economic restructuring will improve the quality of growth and reduce dependence on resources, easing the burden on the environment, said Wang Yiwei, a professor at Renmin University of China.
Last week, Kim Yong-chol, vice chairman of the Central Committee of the ruling Workers` Party of Korea visited South Korea and attended the closing ceremony of the PyeongChang Winter Olympics. He indicated that North Korea was quite willing to have talks with the US and claimed that inter-Korean relations and North Korea-US relations should develop simultaneously. As the PyeongChang Winter Olympics closed, people started to wonder whether senior officials from Washington and Pyongyang will sit d