CIIE a practical measure for China to share new opportunities
Many foreign enterprises are now eager to test water in the Chinese market as the countdown for the first China International Import Expo (CIIE) has started. The UK-headquartered biopharmaceutical enterprise AstraZeneca has meticulously planned the layout of its exhibition booth and brought the most cutting-edge products to the event, waiting for the arrival of the Chinese […]
China’s opening up brings substantial opportunities for transnational enterprises: UPS
The past 40 years of China’s reform and opening up brought substantial opportunities for transnational enterprises, said Harld Peters, president of UPS China during an interview with People’s Daily. The Atlanta-based UPS, with a history of over 100 years, is one of the largest package delivery companies in the world. Peters recalled that when the […]
Why are Naver blogs and online cafes blocked in China?
Internet users in China have not been able to access Naver’s blogs and online cafes over the past week, raising speculation that the Chinese government may have intentionally blocked access as it had done previously to foreign online services. Access to Naver’s blogs has been blocked in China since Oct. 16. Its online cafes were […]
Korea’s economic cul-de-sac
Korea is likely to be among the most vulnerable economies in Asia if the Sino-American trade war escalates. While Korea’s economic strength rests on exports, this also proves to be its biggest weakness when global trade slows. Although the country recently signed a revised free trade agreement with the U.S., China remains its biggest overseas […]
President Abe and Xi pledge Japan and China will deepen cooperation
The leaders of China and Japan have pledged to speed up cooperation in the latest sign that the two Asian rivals are mending ties strained by territorial and historical disputes. On the sidelines of the Eastern Economic Forum in the eastern Russian city of Vladivostok, Chinese President Xi Jinping told Japanese Prime Minister Shinzo Abe […]
BIFF to open with story of North Korean woman defector
The Busan International Film Festival (BIFF) will open on Oct. 4 with “Beautiful Days,” a movie about a woman defector who meets her son after 14 years, the festival’s board of directors has announced. The 23rd annual festival will run through Oct. 13. Directed by Jero Yun, the film depicts the life of a North […]
Three Key Figures in the Chinese History
I call three modern Chinese figures as follows: “Mao Zedong is a mountain, Zhou Enlai is water, and Deng Xiaoping is a road.” Why is Mao Zedong a mountain? Why is Zhou Enlai water and Deng Xiaoping a road? Today’s China is a road created by crossing mountains and rivers. I make this comparison because […]
Arkansas official calls on China, US to double cherish bilateral cooperation
The trade frictions with China initiated by the US administration will hurt other countries, and ultimately lead to a vicious tariff barrier that undermines global trading system, an official with Arkansas state in southern US warned, calling on both sides to double cherish the hard-won cooperation and properly handle the disputes. Arkansas has always been […]
Shanghai rolls out policy package to facilitate trade with ‘Belt and Road’ countries
Shanghai, China’s largest port of entry under the free trade agreement (FTA), has simplified the cargo clearance process for imports from the Belt and Road countries, and explored ways to serve origins of emerging industries, so as to gradually lower the trade costs of the Belt and Road countries on Chinese market. For instance, two […]
China’s foreign trade structure further optimized in first seven months
China’s imports and exports went up 8.6 percent year-on-year to 16.72 trillion yuan ($2.45 trillion) in the first seven months of this year, the official with Ministry of Commerce (MOFCOM) announced Tuesday quoting customs data. Exports grew 5 percent over the same period of last year to 8.89 trillion yuan while imports was up 12.9 […]
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