Cooperation between China and South Korea has deepened in various industries including automotive, consumer electronics and semiconductors sectors, and enterprises from the two neighbors should continue to work together instead of being "kidnapped" by politics, experts said on Wednesday.
Lotte Group, one of South Korea`s largest holding companies, has announced that it would trade the land that forms part of its golf course with the government to deploy the Terminal High Altitude Area Defense (THAAD), a US anti-missile system. This move has angered many Chinese people who are calling for a boycott of Lotte`s business in China.
Unfortunately for Bannon, most international commentators arrived at the opposite evaluation. Support for Xi`s policy approach came from groups well beyond those invariably sympathetic to China.
Chinese analysts said that China and the EU may hold their annual summit in 2017 earlier than previous years, in a bid to support free trade and globalization as well as address challenges in the China-EU cooperation.
The sudden death of Kim Jong-nam, North Korean leader Kim Jong-un`s half-brother, at Kuala Lumpur International Airport, Malaysia on Monday has triggered widespread speculations on the motives behind his sudden death and its impact on North Korean politics. Observers are particularly concerned about how far Pyongyang`s nuclear development will go.
Improved supervision of the outflow of foreign exchange reserves may affect the country`s guarantee capacity on infrastructure projects under the B&R initiative.
Less new yuan loans were approved in January for the bubble-prone property sector compared to those issued for industrial firms, adding evidence that the country`s real economy is firming up.
China is committed to sustaining appropriate growth momentum and contributing more to the global economy, and to achieve that goal, China needs to, by all means, create better conditions and a sound environment to attract global investors and businesses in the country.
Although Dodd-Frank is unlikely to be repealed, as it would take time and require congressional approval, the possibility does make market participants in China worry about potential impacts on them and China`s financial system.
Experts noted that there remain challenges to the growth of China-Pakistan trade, such as a lack of infrastructure and insufficient consumer demand in western China.
The Belt and Road forum will project China, which supports globalization, as the ballast for the world economy in the face of rising protectionism in the West, analysts said.
The world`s major economies have entered into a new race. The race will mainly take place between four major economic powers: the US, China, the EU and Russia. These four powers will be competing in numerous aspects in the years to come.
If Asian powers like China and India could coordinate with ASEAN or appeal to UN`s engagement together with the Myanmar government, a roadmap to stabilize the unrest is possible.
An important goal for Abe`s US visit is to figure out the Trump`s intent on US` future alliance with Japan. In addition to Trump`s obscure Asia-Pacific policies, uncertainties in US-Russia relations also have perturbed the Abe government.
Although Trump`s strategy on the peninsula is still unclear, he apparently wants the US to benefit from Asia. The more chaotic the region is, the more dominant the US will become.
G20 plays a significant role in achieving sustainable development. But, cooperation among individual member states is needed. For the SDGs, countries should make joint efforts at the domestic and international level to implement the 2030 agenda.
With Donald Trump officially taking office as the 45th US president, the discussion on the future of Sino-US relations has intensified. Amid myriad uncertainties, one certain thing is that in the coming months, the bilateral relations will be bumpy, which might have lasting effects beyond the scope of bilateral relations.
With a very symbolic presence of Chinese President Xi Jinping in the World Economic Forum, Beijing sent a clear message that it would defend globalization in the decades to come.
The dialogue between China and Western countries on policy for the global economy considerably deepened in 2016, but its character is changing: China`s – or more specifically the CPC`s – analysis and agenda is steadily gaining international credibility the longer the "new mediocre" in Western economies continues.
Although being officially launched only a year ago, the Asian Infrastructure Investment Bank (AIIB) is rapidly expanding with grand goals, with $1.73 billion worth of loans issued thus far to nine energy and infrastructure construction projects in seven countries.