Trump questions US commitment to ‘one-China’ policy
US President-elect Donald Trump has questioned America’s commitment to the “one-China” principle in the China-Taiwan row, saying Washington should only side with Beijing on certain conditions. Trump made the remarks in an interview with Fox News on Sunday, about a week after angering China with a controversial phone conversation with Taiwanese President Tsai Ing-wen. “I […]
Should the U.S., Europe and Japan recognize China as a country of market economy?
Mei Xinyu (People’s Daily Online) There is a simple and clear answer to this question. In Article 15 of the Protocol on the Accession of the People’s Republic of China to the WTO, subparagraph (a) and subparagraph (b) make it clear that “in any event, the provisions of subparagraph (a) (ii) shall expire 15 years […]
Tehran and Beijing begin $3bn oil cooperation
Iranian deputy oil minister said Iran and China will jointly launch a three-billion-dollar oil project to develop and optimize Abadan Refinery. Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC) Abbas Kazemi, while expounding on the first major agreement between Iran and China in the post-JCPOA era, said “following months of negotiations between […]
Development in Korea, India
Ranjit Kumar Dhawan – The Korea Times November 14 of this year marked the hundredth birthday of an iconic Korean leader, Park Chung-hee. Although Park has been criticized for being authoritarian and conservative, it was under his leadership that Korea witnessed rapid economic transformation. It was largely due to the efforts of this man that […]
China expected to be listed among high-income countries by 2022
Reform will boost the growth potential of China’s economy, and China is expected to achieve GDP per capita of $12,600 in 2022, making it a high-income country, said Cai Fang, deputy director of the Chinese Academy of Social Science, Shanghai Securities News reported. Cai made his remarks at a Dec. 5 economics forum in Shanghai. […]
Troubles ahead?
A new U.S. President has been elected, and this time the world’s most powerful job went to, should we say, a rather unconventional person. Indeed, a former real estate tycoon and TV celebrity is not the type of individual we expect to see in the Oval Office. But such was the will of the people, […]
Ruling party wants Park’s resignation in April
Jun Ji-hye – The Korea Times Lawmakers of the ruling Saenuri Party unanimously agreed Thursday to push for President Park Geun-hye’s voluntary resignation by the end of April and an early presidential election in June. The move overshadowed the opposition bloc’s attempt to impeach the scandal-ridden President. The opposition parties initially planned an impeachment vote against […]
Jackie Chan: ‘The days when no one listened to Chinese people have gone’
On Nov. 12, Jackie Chan received an honorary Oscar from the Academy of Motion Picture Arts and Sciences in Los Angeles, becoming the first Chinese actor to win the award. The 62-year-old movie star shared his story in an interview with People’s Daily. When he was 22, Jackie Chan went to Hollywood with the hope […]
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