`Shared destiny’ will refute US supremacism

Chinese President Xi Jinping has advanced his vision of a "community of shared destiny" as being central for China`s foreign policy from his first visit abroad as head of state to major speeches this year at the Boao Forum and the Bandung Asian-African Summit. It stands in contrast to the "zero-sum game" concept of US neocons and others.

Wang Yiwei：One Belt One Road: Opportunities for Europe-China cooperation

Further East still, OBOR is an entry point for the EU into Asia-Pacific affairs. Since the United States put forward its “return to Asia” strategy, the EU has been concerned it will be marginalised. EU efforts to accelerate the promotion of free trade agreements with Asian countries have made less-than-satisfactory progress. OBOR would make it much easier for Europe to participate in Asia-Pacific affairs.

John Ross:Reforming China`s SOEs

China is currently carrying out major changes in its State Owned Enterprises (SOEs) in a framework set by the Third Plenum of the Chinese Communist Party`s current Central Committee. This resolved: "We must unswervingly consolidate and develop the public economy, persist in the dominant position of public ownership, and give full play to the leading role of the state-owned sector."

4 Ways China Can Become a Global Governance Leader

First, China should promote sustainable development in other developing countries, in Asia and beyond. The term sustainable development, of course, is not new at all, but the sad reality is that most developing countries cannot achieve this goal due to a variety of factors, including their heavy reliance on natural resources, lack of capital, and so forth. This is why so many poor countries are still stuck in the low-income trap.

Wang-Yiwei：Overcoming cognitive risks of Belt and Road Initiative

Some countries believe that initiative forms a closed loop. They even draw it as a closed loop on currently popular maps. Actually it is open: a network of capital construction, investment, business and information, rolling the economic corridors into one. It emphasizes starting a new concept of regional and international cooperation for the 21st century rather than following the well-beaten track of expansionist western countries.

India’s growth exaggerated, yet its economy well-poised

Modi`s main problem is that even such a coherent strategy needs investment. On average in developing economies, 52 percent of GDP growth comes from capital investment. In India it is 53 percent. But in 2013, the latest year for which international data exists, India`s percentage of fixed investment in GDP was 28 percent compared to China`s 47 percent. To move its growth rate closer to China, India will have to significantly increase the percentage of investment in its economy.

The Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives, also known as "One Belt, One Road", offer opportunities for China and Europe to join hands in operating the great Eurasian market, a Chinese scholar said here Monday.

The basis of China`s `win-win` foreign policy

To address first the economic core issue, Adam Smith, the founder of modern economics, noted in the first sentence of "The Wealth of Nations" that the most powerful force in economic development was division of labor, including international division of labor: "The greatest improvement in the productive powers of labor, and the greater part of the skill, dexterity, and judgment with which it is directed, or applied, seem to have been the effect of the division of labor." The rest of Smith`s anal

Triple missions of Belt and Road Initiative

Is the Belt and Road Initiative China’s Marshall Plan?Such questions were frequently raised with me after I finished speaking about the belt and road at the Italian think-tank Istituto Per Gil Studi Di Politica Internazionale. It therefore seems the ideal time for the Boao Forum to seek consensus and publish a white paper on the Belt and Road Initiative.

Senior Fellow of RDCY Prof. Wang Yiwei attend the China Watcher Fifth Maria Weber Annual Conference in Milan

On March 23, China Watcher Fifth Maria Weber Conference was successfully held in Milan, Italy. The conference was organized within the framework of “Focus China”, a new project jointly established by Istituto Per Gil Studi Di Politica Internazionale(ISPI), a prestigious Italian think tank, and Fondazione Italia Cina (Italy-China Foundation).

Experts react to China’s economic reform program

Signs of the "new normal" have already emerged. In the first half of 2014, the growth rate of the services sector surpassed that of the manufacturing industry, a significant change in structural adjustment and transformation. Among the top 10 in the most recent China rich list released by Hurun, five people were from the IT industry, and the richest was no longer from the real estate sector.

China won`t emulate the

Many observers ponder Russia’s international isolation after the Ukraine crisis and its increasing cooperation with China – and are puzzled over not only Russia’s behavior but also about how close Russia and China could become. Will China continue to assist Russia? Could China follow Russia’s path in Crimea to handle Taiwan and other territorial issues?

`Marshall Plan’ Copycat Allegations Misleading

Chinese President Xi Jinping in 2013 proposed the construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road to foster common development between China, Europe and Asia. To promote the initiatives, China has set up the $40-billion Silk Road Fund and spearheaded the establishment of the $100-billion Asian Infrastructure Investment Bank.

Economic Interests Attract China to Russia, Not Edgy Policies

With its invasion of Crimea and intervention in eastern Ukraine, Russia invited condemnation and sanctions from the West and had little choice but to tighten ties with China. Stronger Sino-Russian relations prompt some analysts to compare China and Russia.

Sanction game against Russia doomed to fail

EU Foreign ministers in Brussels on January 29 extended the Russian blacklist for six months, promised to add extra names, and began preparations for a fresh round of economic sanctions. The new names - individuals and entities - are to be added by February 9 at the latest. The EU called the snap meeting after a rocket attack on Mariupol which killed 30 civilians.

Bank Scam

A farmers`cooperative in Nanjing that posed as a commercial bank has duped depositors out of their money. It is far from an isolated case, and experts have said that more focused regulation of the cooperatives is needed.Carefully designed to resemble a State-owned bank, a fake bank in Nanjing, capital of East China`s Jiangsu Province has cheated about 200 depositors out of more than 200 million yuan ($31.8 million).

China is not a lone hero

Despite many concerns about the future of world economic development in 2015, The Davos World Economic Forum will try to give more confidence to the world, and China as usual is becoming more important factor in the recovery of the global economy.

S.Asia forum delayed by India’s self-interests

The 18th summit of the South Asian Association for Regional Cooperation (SAARC) concluded in Nepal`s capital city of Kathmandu on November 27 with the adoption of the Kathmandu Declaration. Heads of South Asian states also signed a framework agreement on energy cooperation, the biggest achievement of the two-day summit. The energy deal indicates that South Asian countries expect to strengthen interconnection and that SAARC is making gradual progress.

New Delhi-Beijing cooperation key to building an ‘Indo-Pacific Era’

In recent years, the geopolitical concept of the "Indo-Pacific" has gained currency. The concept was first developed by Australian scholars and promoted by Americans after the Obama administration put forward the strategic rebalance toward the Asia-Pacific.Now, more and more scholars and officials have begun to use this term, fleshing it out from their own perspectives.

G20 summit overcomes tough obstacles

The ninth G20 summit concluded its two-day meeting in Brisbane, Australia Sunday. Sustaining growth, creating jobs, promoting development and buoying confidence were the central task of the gathering, attended by government heads from 20 countries.