Wang Yong: The U.S. and China domestic adjustment and trade relations crisis

The year 2018 has witnessed the celebration of the 40th anniversary of China’s reform and opening up, as well as the 40th anniversary of the establishment of diplomatic relations between China and the United States.

China moves to boost demand for autos and home appliances

China will put forward new policies to boost consumer demand for automobiles and home appliances, said Ning Jizhe, deputy director of the National Development and Reform Commission, Securities Daily reported.

Pakistan launches first Alibaba-backed blockchain cross-border remittance service

The launch of Pakistan's first blockchain technology-backed cross-border remittance service, which is supported by Alibaba Group's financial arm Ant Financial, sheds light on how China and Pakistan have upgraded their cooperation from traditional industries such as infrastructure and energy to innovative technology under the Belt and Road initiative (BRI), analysts said.

Political determination key to Sino-U.S. trade solution

The first face-to-face meetings since Chinese President Xi Jinping and his U.S. counterpart Donald Trump agreed to a 90-day tariff truce in Argentina wrapped up on a positive note on Wednesday. The two sides agreed to further implement the Xi-Trump consensus, exchanged views on trade and structural differences, and pledged to maintain close communications.

Wang Peng: Xi-Kim summit reinvigorates the deadlocked Peninsula issue

Kim Jong Un, chairman of the Workers' Party of Korea and chairman of the State Affairs Commission of the Democratic People's Republic of Korea (DPRK), is visiting China at the invitation of Xi Jinping, Chinese president and general secretary of the Central Committee of the Communist Party of China.

Chen Dingding: Challenges for the US-China Trade War ‘Truce’

China and the United States agreed on a 90-day ceasefire in the trade conflict at the G-20 summit in Buenos Aires in December last year. Since then, roughly half of that 90 day period has come and gone. At the meeting, Chinese President Xi Jinping aimed to persuade Donald Trump, his American counterpart, to abandon plans to raise tariffs on $200 billion in Chinese goods to 25 percent starting in January 2019.

Pompeo expected to appease allies in Middle East visit

US Secretary of State Mike Pompeo's Middle East tour is largely meant to appease Washington's allies in the region and dismiss their doubts and fears over President Donald Trump's rush decision to pull US troops from Syria, analysts said.

Confrontation, stalemate and imbalance situation in the Middle East

Confrontation, stalemate and imbalance best describe the situation in the Middle East in 2018. The US withdrew from the Iran nuclear deal in May and moved its embassy to Israel from Tel Aviv to Jerusalem in June.

Ominous signs bring both sides to negotiating table

With a fresh set of shared concerns over an economic slowdown and market turmoil, Chinese and US trade officials are set to make another attempt at striking a trade deal to defuse an increasingly bruising trade war that has rattled global markets and presented mounting challenges to both economies.

Korean Peninsula at a crossroads again

Editor's note: 2018 was more dramatic than many other years in recent memory, and as we move into the new year, it's time to look at the major ups and downs of the past 12 months and consider how they will impact the future. Among them is the DPRK nuclear issue which has witnessed impressive progress in 2018. Wang Peng, an associate research fellow at Chongyang Institute for Financial Studies under Renmin University of China and Charhar Institute, offers a pragmatic solution to untangle the complex on the Korean Peninsula.

Wang Peng: Korean Peninsula at crossroads again

The Korean Peninsula has taken the world’s centre stage in 2018. In the first half of the year, the Democratic People's Republic of Korea (DPRK) has broken its long-term silence, frequently appearing on international occasions, carrying out reforms at home and seeking reconciliation with its neighbours. Its relations with South Korea, China, Japan, the United States, and Russia have been improved. However, the DPRK nuclear issue remains unresolved.

Most Chinese feel West's growing containment of China, but optimistic about future

China-US relations are the most important bilateral ties, and more Chinese listed the trade friction between them as the most impressive international event in 2018, according to a latest survey report on how Chinese people view the world.

Ding Gang: Rural-urban divide troubles not only France

A narrow or even closed urban-rural gap is an outstanding feature of a developed society compared to a developing one. Nonetheless, France's "yellow vest" protest marked a reversion. The gap that was bridged is widening again and causing social instability.

Wen Yang: Trade war, technological war, where will tensions end?

The US-China technology war hype started after the ZTE case came to surface. There has been no doubt that US intention of starting trade war is beyond trade frictions. It means China has to prepare for more US hostilities.

Bian Yongzu: Unlike U.S., China sacrifices private gains for AIIB prosperity

With the latest accession of six prospective members, the total number of AIIB members has expanded to 93. This is a remarkable result for a 3-year-old multilateral cooperation agency, which is the first to be set up under the leadership of developing countries.

Portugal joins the B&R circle of friends: Example for European countries

Queen calls for unity in Christmas message

In her annual Christmas message, Queen Elizabeth II appealed for people to show more respect to those with opposing views.

Wang Peng interviewed by CRI on Meng Wanzhou's issue

Canadian court on Tuesday granted bail to Huawei Financial Chief Officer Meng Wanzhou who has been detained for nearly two weeks for accusing of lying to bankers about use of a covert subsidiary to sell to Iran in breach of sanctions. Meng denies any wrongdoing and has said she will contest the allegations.

Wang Peng: What’s behind U.S. government shutdown?

The partial shutdown of the U.S. federal government is set to stretch past Christmas, as the Senate adjourned on Saturday for a holiday, with no deal in sight to end the impasse over funding Trump's U.S.-Mexico border wall. Most critical national security functions remain operational, but some 800,000 federal employees are impacted.

China cuts tariffs to boost trade; more targeted measures needed

China on Monday announced plans to further reduce and scrap tariffs on hundreds of foreign and domestic products, as the country gears up to boost its foreign trade, which has seen slower growth in recent months amid deteriorating conditions caused by trade tensions and slowing global demand.