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East Asia
US society strongly opposes additional tariffs on Chinese commodities
Opposition and condemnation from American society poured to Washington’s latest announcement to hike tariffs on Chinese imports, as they said that such a decision would only hurt the US economy. Even though China and the US are going through trade talks, the Office of the United States Trade Representative (USTR)…
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East Asia
Conference of Dialogue on Asian Civilizations to usher in new era for cultural diversity
The Conference of Dialogue on Asian Civilizations (CDAC) scheduled on May 15 in Beijing will usher in a new era in which the diversity of civilizations is appreciated. Chinese President Xi Jinping will deliver a keynote speech at the opening ceremony and attend related activities of the event which is…
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East Asia
New army of K-pop stars breeds generation of avid young hallyu fans
As K-pop band BTS’ latest hip hop song, “Dionysus,” hit the speakers at a small dance studio on a quiet backstreet of Shinjuku district in Tokyo one Saturday morning in May, a group of Japanese boys and girls swung their arms back and forth in sync with the music, their…
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East Asia
Pompeo calls for N.K. sanctions implementation in talks with Russia
U.S. Secretary of State Mike Pompeo said Tuesday he emphasized the need to maintain sanctions on North Korea in talks with his Russian counterpart. Pompeo met with Russian Foreign Minister Sergey Lavrov in the Black Sea resort city of Sochi to discuss cooperation on various issues, including Iran, Venezuela and…
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East Asia
Bus drivers in Seoul, major cities cancel planned strike after reaching wage deal
Unionized bus drivers in Seoul, Busan and many other metropolitan cities and provinces canceled a planned strike on Wednesday after reaching last-minute wage deals with their management. Labor and management at about 200 bus companies nationwide held marathon negotiations until early Wednesday morning over wage hikes for drivers who will…
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East Asia
Unification ministry: N.K.’s food situation remains serious despite reports on rice prices
South Korea believes that food shortages in North Korea remain serious and the country needs outside assistance, despite media reports that rice prices are dropping there, the unification ministry said Wednesday. Some media reports have claimed that rice prices in North Korean markets have been on the decline recently, suggesting…
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East Asia
China keeps its promise, providing hundreds of billions of dollars in financing assistance for Belt and Road project
China has translated its promise of funding Belt and Road Initiative projects into reality with the assistance of a group of national financial institutions, which has offered hundreds of billions of dollars in financing services. As one of the most important financial institutions to support the initiative, China Development Bank…
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East Asia
China’s foreign trade up 4.3% in first four months
China’s foreign trade saw steady development and its structure has been improved in the first four months of this year as the sector seeks high-quality growth. The country’s foreign trade of goods grew 4.3 percent year on year during this period to 9.51 trillion yuan ($1.41 trillion), customs data showed.…
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East Asia
China achieves breakthrough to capture CO2
China has successfully implemented its first carbon sequestration project in saline aquifers in Ordos, North China’s Inner Mongolia Autonomous Region, symbolizing China’s efforts to reduce greenhouse gases, which will have a great influence in emissions reduction. The first 100,000-ton per year carbon capture and storage (CCS) demonstration project undertaken by…
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East Asia
Mutual learning among civilizations benefits China, world: British expert
Mutual learning among civilizations benefits both China and the world, said Alistair Michie, Secretary General of the British East Asia Council in a recent interview with People’s Daily. Visiting China for times in the past three decades, Michie has left his footprints in 28 Chinese provinces, autonomous regions, and municipalities.…
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