China`s credit data in April was weaker than expected, but overall credit growth stayed strong and the central bank`s monetary policy will continue to be prudent.
The launch of Big Chess, by John Ross, the former Policy Director of Economic and Business Policy of London, and currently full-time foreign senior researcher at the Chongyang Institute for Financial Studies, Renmin University of China, was held on May 15.
Over the recent Labor Day holiday in China, a huge scandal involving China’s largest search engine company, Baidu, erupted, angering millions of Chinese netizens. The trigger for the scandal was the death of a Chinese college student who used Baidu’s search engine to find treatment for his cancer, but received false medical information, which was provided by one of Baidu’s important business partners. The Chinese government has reacted swiftly by sending an investigation team to Baidu and possib
`Only one of these institutions sounds like a new bank`. That was the conclusion of one attendee at the Think20 Conference in Shanghai in February after a session featuring four international financial institutions: the Asian Infrastructure Investment Bank (AIIB), the New Development Bank BRICS (NDB), the Asian Development Bank, and the OECD.
The depreciation of yuan to the dollar over the past year has captured many headlines and spurred no small measure of worry. Is China’s economy collapsing? Are China’s leaders using currency as a trade weapon? Will the devaluation spark massive capital flight from China?
Linked by shared culture and beliefs, Ningxia, home to many of China`s Hui Muslim ethnic minority, has been eager to increase its links with Arab nations and encourage Middle Eastern businessmen to come to the region to take advantage of the opportunities on offer. The government hopes the region will be a bridge between China and Arab countries, while experts have warned that the country should be alert to the infiltration of religious extremism."
Last week, London elected its first Muslim mayor, Sadiq Khan, who soon grabbed headlines across the world. Even the Islamophobic US presidential candidate Donald Trump congratulated Khan on his victory. Although he has said he will ban Muslims from coming to the US, Trump said he would issue a permit to Khan if he came to the US. But Khan responded to this "kind" offer with "No thanks."
On April 29th, 2016, the inaugural International Forum for China-Japan-ROK Public Diplomacy and Trilateral Cooperation was held at the Diaoyutai State Guesthouse. During his opening remark, Mr. Zhang Yesui, the Vice Minister of Foreign Affairs called on the three countries to study establishing a China-Japan-ROK Cooperation Fund and other important initiatives to provide more support for trilateral cooperation. One important issue among China-Japan-ROK cooperation is sustainable development.
After many years` development, the city commercial banks have become an important part of the financial system. Combined with its own advantages, the city commercial bank seeks the differential development, makes full use of new technologies such as the Internet, and also lays emphasis on such less developed fields as small and micro businesses and three rural issues (agriculture, rural areas and farmers), to positively fix the shortcomings against the background of reducing deposit and loan int
China`s consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in April, flat from the previous two months.
The debate over the “Thucydides trap” has been one of the hottest trends among watchers of U.S.-China relations in recent years, as top leaders from both countries frequently refer to it as one of the most critical challenges between the two. Most of the time, leaders deny the inevitability of conflict and call for mutual respect and cooperation. They are right that conflict isn’t inevitable, but there remain some common misunderstandings of the Thucydides trap that need to be dispelled.
Even if some internet enterprises are quite alluring, their popularity is different from the technology breakthroughs and innovations that China badly needs. Although the Chinese enterprises have increased their input in research and development, the slow growth of innovation-based yields cannot make up the fast losses caused by the wave of enterprise bankruptcies.
Hu Yuwei, a research fellow at Chongyang Institute for Financial Studies of Renmin University of China, was interviewed on CCTV on the global business.
Recent official data shows China`s new yuan loans rose to a record of 4.6 trillion yuan or about 712 billion U.S. dollars in the first quarter.
Fresh trade protectionism is taking shape in new forms, and the unnecessary internal friction in competition between developed countries and emerging economies continues to grow.
In analyzing Japan`s economic trajectory, observers often take Japan` economic performance in the past 20 years as a lesson that reminds China not to have its bubble bust and fall into a long-term economic downturn as Japan did.
After a landslide victory in Indiana`s Republican presidential primary, Donald Trump has become the Republican nominee in all but name as Ted Cruz dropped out. Global Times invited eight Chinese scholars to comment on the possible influence of Trump`s win to Sino-US relationship.
Like the internet, the global energy internet will not only realize material interconnection, but also deepen exchanges and communications between different economies, cultures and ideas. This will boost mutual trust between the countries and promote stable and peaceful development in a given region.
Now China is in the process of pursuing supply-side reforms, and this will potentially ease the downward pressure on economic growth.
In his new book "The Belt and Road Initiative: What Will China Offer the World in Its Rise," Wang argues for the unsustainability of the U.S.-dominated globalization and pointed out that the “Belt and Road” initiative proposed by China is a great solution to narrow the gaps, initiate a true and inclusive globalization and become the main theme of the 21st century.