Money laundering is a worldwide activity seen in many countries. It is not easy for any one country to become a "hub" or a "center."
The global economy faced many challenges in 2015. In fact, it registered the lowest growth rate in six years, owing to factors such as very low growth of global trade, steep falls in commodity prices and increasing fluctuations in the international financial market.
The plane arrived at Haneda Airport at noon. I first visited here 15 years ago, and could still vividly remember the garbage cans in the airport and their clear markings on different types of dustbins.
Consumer price increase will probably be faster this year than in 2015 amid rising food prices and surging home prices, said Ma Jun, chief economist at the research bureau of the People`s Bank of China.
Though China and the US disagree in many aspects, both are willing to deepen cooperation on nuclear security. China cooperated closely with the US and other countries and maneuvered the agreement on the Iran nuclear issue. The two countries held their first dialogue on nuclear security in February 2016. The nuclear security demonstration center the China Atomic Energy Agency and US Energy Department jointly built in Beijing has come into operation recently. It is the largest facility with the mo
In the long run, supply-side reform is a crucial action for industrial upgrading and the improvement of efficiency in China. There has been a social consensus on supply-side reform. Although the reform is plagued by difficulties and uncertainties, I am comparatively optimistic about its future because the central government has shown its resolve, made a series of supportive policies and will take all necessary measures to ensure its implementation.
The 13th Five-Year Plan (2016-20) has for the first time made "green" development, along with innovation, openness and sharing, part of China`s growth philosophy, making it a new driver of economic development.
Looking forward, the safe and peaceful use of nuclear energy is in the interest of every country and every people. NSS 2016 is only the starting point, China can utilize its own nuclear expertise and make a much more significant contribution to the peace and development of the entire world.
The economy tops the agenda at this year`s National People`s Congress (NPC) with a focus on both prospects for 2016 and the 13th Five Year Plan for 2016-2020. Discussion on both was framed by two major events. On March 4, Chinese President Xi Jinping made key statements on China`s long term economic strategy while attending a panel discussion at the annual meeting of the Chinese People`s Political Consultative Conference (CPPCC). On March 5, Premier Li Keqiang delivered the government`s work rep
In the past 36 years of China`s opening-up, restructuring of the country`s State-owned enterprises (SOEs) has consistently been a prominent topic of debate. It has become the best excuse for all parties whenever they were talking about the challenges that China has faced during the process of reform. Requests for SOE reform have frequently been repeated by experts, economists and the media.
The fourth Nuclear Security Summit (NSS) is to be held in Washington DC today. This is US President Barack Obama`s final such meeting and Chinese President Xi Jinping will attend it. No matter who is elected to the White House this November, Washington will be confronted with the most complicated and gravest nuclear security challenges since the end of the Cold War.
If the US is sincere about articulating a long-lasting peace mechanism in the Asia-Pacific with China, and if all regional stakeholders want to see a peaceful environment that caters to their joint development in Northeast Asia, discussions about US withdrawal may be unavoidable sooner or later.
Chinese President Xi Jinping arrived in the Czech Republic for a three-day state visit on Monday. It`s the first visit to the Czech Republic by a Chinese president since the establishment of diplomatic ties between the two countries 67 years ago. Situated in the heart of Europe, the Czech Republic is an important partner for China`s "One Belt, One Road" initiative.
Nepalese Prime Minister KP Sharma Oli just concluded a week-long visit to China. During his stay, Oli and Chinese Premier Li Keqiang signed agreements of cooperation covering the areas of transportation, cross-border trade, energy and finance and charted a blueprint for China-Nepal cooperation in the next few years.
Wang Wen, executive director of the Chongyang Institute for Financial Studies at Renmin University of China in Beijing, told the Global Times Sunday that the measures taken by the Zimbabwe authorities favor its nationals, but would not in any way enhance the competitiveness of Zimbabwean companies.
The annual Boao Forum is a key expression in the global economic and business discussion of China`s rise. It therefore provides a suitable opportunity to reflect not only on the material but on the international intellectual impact of China`s economic development. This equally casts a clear historical light on current attempts in sections of the international media to talk down China`s economic prospects.
It`s being reported that China`s insurance regulator will likely reject a bid by Anbang Insurance to buy Starwood Hotels and Resorts Worldwide.
Wang Yiwei, a professor at the School of International Studies at Renmin University of China, said the Czech Republic plays a key role in Central and Eastern Europe due to its cultural richness, level of development and location.
The G20 summit, to be held in Hangzhou, China this September, is much anticipated as the global economy is still facing difficulties. What should be done to make Hangzhou summit a success? What role does China play in the global economy? Global Times (GT) reporter Liu Jianxi talked with Tristram Sainsbury (Sainsbury), a visiting fellow at the Chongyang Institute for Financial Studies, Renmin University of China, over these issues.
While the Chinese economy is slowing down after entering the "new normal," India, under Narendra Modi`s governance, has witnessed a rapid economic growth in recent years. Speculations that "the Indian economy will surpass that of China" and "India will become a new engine for the world economy" are frequently heard in the international public opinion. Some even conjecture that the Chinese model is inferior to that of India.