Riaz`s invitation, which came as a surprise to New Delhi, is mainly intended as a gesture. While he hinted at India`s intervention in the CPEC, he welcomed India`s participation in the project, demonstrating Pakistan does not want to exclude India.
The world is in consistent transition, a process that may continue into the 2030s, even the 2040s, according to the 2010 Global Strategic Trends issued by the Development, Concepts and Doctrine Center of the UK.
It`s been a fad to talk about rejuvenating the manufacturing industry, and regarding this topic people often pay more attention to factors such as tax, investment and labor price. But actually what is needed more is professional attitude - diligence, discipline and persistence.
With global governance struggling to deal with increasingly thorny issues, such as Brexit and the sluggish global economic recovery, globalization has been in retreat this year. Given this fact, China`s intensified efforts to engage in global governance seem like a silver lining.
The Central Economic Work Conference has been held in Beijing in mid-December, mapping out plans for China`s economic development in 2017. It is stressed that China should continue innovation-driven development strategy to promote supply side structural reform and accelerate transformation of Chinese economy.
China and Norway have reached consensus on normalization of ties on Monday after Norway`s serious reflection.
This article therefore looks at the context of the Work Conference, first by examining the satisfactory domestic progress of China`s economy in the second half of the year, then by the consequences for the global economy of Trump`s policies, and finally why China is able to deal with the latter.
Europe does have interest in the B&R initiative, but it is simply impossible to reap quick benefits from it without spending time to properly position it, and to find concrete ways to bridge it with Europe`s own development frameworks, including the European Fund for Strategic Investment and Trans-European Transport Networks.
China and Norway agreed on Monday to normalize bilateral ties, which deteriorated six years ago, with Oslo vowing not to support acts that hamper China`s core interests.
The Asia-Pacific regional order has been mainly constructed and managed by the US since World War II. Under this order, China rose. The first step of China`s reform and opening-up, advocated by then Chinese leader Deng Xiaoping, was to establish diplomatic ties with the US.
China`s housing investment will slow down in 2017 due to property purchase restrictions put in place in recent months, said a senior economist at the country`s central bank Wednesday.
The announcement by Trump to pick Tillerson, an oilman with strong links to Russia, is seen by -observers as a sign that relations between Washington and Moscow may get closer.But it’s unclear how ties with China and the rest of Asia will shape up because he has not spent much time in the region.
Once sworn in, Trump will exist outside the realm of political philosophy or theory and exist in a stark and increasingly complex political reality where there are serious and long-lasting repercussions. There won`t be any more "watch-and-wait," and any games he plays will have serious implications on how policymakers and global players clarify the bottom line.
Given the expectation of yuan depreciation in the face of a stronger dollar and ongoing capital outflows, there is a risk that China`s forex reserve may fall below the $3 trillion mark in coming months. As such, voices have emerged suggesting that China should interfere at the $3 trillion redline to prevent the reserve from falling further.
As Net users in China express outrage over US President-elect Donald Trump`s latest comments that the US should not necessarily be bound by the one-China policy, analysts suggested that authorities should be circumspect, as his remarks may just reveal the extent of his lack of knowledge and experience.
As more cargo trains link China and Europe, issues such as government subsidies are attracting more media attention, and experts told the Global Times Sunday that while subsidies may be understandable in the short term, they should be avoided in the long term.
Experts have said that the infrastructure demand in countries and regions along the "B&R" is a prize worth fighting for, yet the late-comers may face challenges getting in on the initiative.
World Trade Organization (WTO) members have to stop using the "analogue country method" when they investigate Chinese products for alleged anti-dumping violations after Sunday, or China may charge them before the WTO, experts said.
A chapter "Lessons of China`s Economic Development for Latin America" has been published in Portuguese in Brazil.
The key to US President-elect Donald Trump`s slogan "Make America Great Again" is to revitalize US manufacturing industries. However, slogans cannot guarantee that the US will dominate the global manufacturing chain as it used to.