We all know that President Donald Trump used the slogan of "America first" and won the election. The people were keen to see what the president would bring them with his policies. Now 200 days are long enough for a newly elected president to show his talent and his ability and let the world see what he can do for the US.
After the border standoff between China and India erupted, some Chinese scholars asked: Since India supports "Tibet independence" forces, why doesn`t China play the card of Indian separation?
The Chinese embassy in India released a second notice about safety to Chinese citizens in India on Thursday as the Doklam standoff drags on with no sign of ending.
For contributions promoting Chinese books and writings to global audiences, 20 international authors, translators and publishers were honored in Beijing with the Special Book Award of China on Tuesday.
US President Donald Trump is known for his unpredictability in his China policy. However, it is the unpredictability in US domestic politics that is now challenging China-US relations. The resignation of Trump`s chief strategist Steve Bannon has exposed the severe problems within the Trump administration. In the following months, China-US ties will come to a key period.
The US decision to launch a Section 301 investigation against China over trade has renewed concerns that a trade war might break out between the world`s two largest economies, but Chinese experts on Sunday played down the scenario.
Before the Belt and Road Initiative, China-Africa relations were guided by the Forum on China Africa Cooperation. So now, because everyone is talking about Belt and Road, FOCAC is becoming one of the important mechanisms under the general framework of the initiative, says Professor He Wenping.
US President Donald Trump has given US Trade Representative Robert Lighthizer a year to look into whether to launch an investigation into China`s trade law, policies and practices. The US plans to apply the Section 301 of the Trade Act of 1974, which empowers the president to take trade measures against Chinese products such as lifting tariffs.
Undeterred by the Virginia rally that started with a march by white nationalists outraged by the city`s decision to remove symbols of its Confederate past, municipal officials in cities across the US said they would step up efforts to dismantle such monuments from public spaces.
Liu Zhiqin, a senior fellow of the Chongyang Institute for Financial studies at Renmin University of China (RDCY), was interviewed by CGTN Global Business program, talking about the US’s decision of the tariffs on Chinese aluminum import.
India orchestrated the standoff to not just guarantee the security of the Siliguri Corridor - India`s sensitive "chicken`s neck" connecting its central and northeast regions, but more importantly to jeopardize China`s Belt and Road initiative. In this way it can reverse its strategic disparity with China in South Asia and the Indian Ocean region and tighten its grip on small countries there.
There is wide discussion among Chinese consumers over whether China should adopt a cashless society. Experts agree that the rising use of mobile payments will continue on an upward trend, but cash will not disappear. In the long term, various payment methods, such as bank cards and non-banking mobile payments, will continue to be used in China. And merchants should respect consumers` payment habits, experts advise.
A possible US investigation into China`s trade practices may heighten friction and eventually lead to a "trade war," warned Chinese experts.The Chinese Ministry of Commerce has stressed the importance of Sino-US trade ties and urged US authorities to abide by WTO rules in its trade measures, noting China and the US should resolve differences "through dialogue and consultations."
At the National Financial Work Conference last month, President Xi Jinping emphasized the need to prevent systemic financial risks, because finance is the core competitiveness of a country and financial security is a significant part of national security. The goal of financial work is to serve the real economy while preventing risks, for which financial reform is necessary.
Economic data published by Chinese provincial-level regions for the first half year show that economic restructuring is bearing fruit and leading to stable and quality growth.
Liu Zhiqin, a senior fellow of the Chongyang Institute for Financial studies at Renmin University of China (RDCY), was interviewed by CGTN, talking with the reporter of the Global Bussiness program over the topics at China`s economy in 2nd half.
News about the construction of the Kra Canal in southern Thailand appeared on Chinese media again. Thais with close connections to China are reportedly beating the drum and tying the construction with China`s Belt and Road initiative (BRI), through which they think they can acquire financial support for the construction.
Domestically, economic downward pressure has been increasing, and financial risks that were formerly concealed by rapid economic growth have been emerging. Chaotic conditions exist in some areas: there is an overheated real estate industry with related nonperforming loans, local government debt is at risk of default, and Internet finance and shadow banks are putting intense pressure on systemic liquidity.
Foreign debit and credit card companies face a long fight with local electronic payment market leader UnionPay as industry supervision is still evolving and customer needs are diverse, experts said.
Regulator beefs up supervision of the mobile payment business to diminish financial risks.