The 14th Meeting of Foreign Ministers of China, Russia and India is scheduled to convene in Moscow on Monday. The meeting comes in the backdrop of the just concluded India visit of US Defense Secretary Ashton Carter, during which the US and India have made a breakthrough on three agreements, termed as "foundation agreements," to deepen bilateral relationship.
China`s banking regulator has recently unveiled new guidelines designed to enhance risk management concerning domestic banking institutions` overseas operations. This marks a strategically pivotal step forward in addressing risks posed by the rapid expansion of domestic lenders in overseas markets.
China has recently emphasized a policy of international "industrial capacity cooperation." The specific feature of this, as Gu Dawei at China`s National Development and Reform Commission (NDRC) put it, is "capacity cooperation means more than export of finished products, but also the transfer of the whole industrial chain to help other countries beef up their manufacturing capability." This policy is not short term but economically rooted in China`s increasing participation in the latest stage o
This study investigates the long-run and short-run lead–lag linkages between American Depositary Receipt (ADR) prices and home country economic fundamentals in the context of the BRICs (Brazil, Russia, India and China).
We interviewed Yukio Hatoyama, former Japanese prime minister, on the afternoon of the very day that we arrived in Japan.
How to guarantee that China breaks through the "middle income trap" and makes the transition from a "middle" to a "high" income economy has become a hot topic. But unfortunately some discussion in the media of this fails to follow the fundamental Chinese saying of "seek truth from facts." Instead it follows a method of "ignore the facts, and focus on inaccurate dogma."
Looking deep into the US government, although there is no disagreement that the US should reinforce its efforts to counter China in the South China Sea, how to fulfill the goal has led to divergences. Carter, Chairman of the Joint Chiefs of Staff Joseph F. Dunford, Commander of the US Pacific Command Harry Harris and Chief of Naval Operations John M. Richardson have demanded muscle-flexing against China over the South China Sea disputes.
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.