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East Asia
Korean won sinks to 2-year low on weak Q1 growth
South Korea’s won currency fell to a two-year low against the U.S. dollar on Thursday as the nation’s economy unexpectedly contracted in the first quarter and the dollar remained strong globally. The won was quoted at 1,158 won per U.S. dollar on Thursday’s opening, down 7.1 won from the previous…
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East Asia
Korea’s oldest stone pagoda to be shown to public after 20-year restoration
The cultural heritage authorities said Thursday they will open to public South Korea’s oldest and largest stone pagoda next week after 20 years of restoration. The National Research Institute of Cultural Heritage, along with the North Jeolla provincial government and the Iksan city government, is scheduled to hold a ceremony…
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East Asia
Kim, Putin begin first summit over denuclearization, economic cooperation
North Korean leader Kim Jong-un began his first summit with President Vladimir Putin in Russia’s Far East city of Vladivostok on Thursday, with a peaceful resolution of Pyongyang’s nuclear quandary expected to top the agenda. The much-anticipated summit is seen as a key test of Kim’s diplomatic outreach aimed at…
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East Asia
China to turn BRI into a green public product for the world
China is ready to jointly turn the Belt and Road Initiative (BRI) into an international green public product with international partners as the second Belt and Road Forum for International Cooperation (BRF) is just around the corner. Global partners of the BRI have expressed their faith in and expectations on…
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East Asia
China, Russia bound to further expand collaboration
The Belt and Road Initiative (BRI), since it was proposed almost six years ago, has witnessed a stretching network of friends, enabling China to forge partnerships all over the world and enjoy great popularity with its “Chinese solutions”. As the Silk Road spirit, with peace and cooperation, openness and inclusiveness,…
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East Asia
Construction of digital Silk Road lights up BRI cooperation
Digital Silk Road is rising as a new global solution that drives the common development of mankind in the digital era. The second Belt and Road Forum for International Cooperation (BRF) is about to be kicked off in Beijing, and a side event of the BRF—a sub-forum on the digital…
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East Asia
China-proposed plan adds power to Belt and Road environmental cooperation
A China proposed plan for green development under the framework of the Belt and Road Initiative (BRI) is enhancing environmental cooperation between China and countries along the Belt and Road routes. The Plan of Green Silk Road Envoys is a flagship project carried out by China’s Ministry of Ecology and…
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East Asia
Chinese Academy of Sciences contributes to Belt and Road construction through science cooperation
The Chinese Academy of Sciences (CAS) has provided over 1.8 billion yuan (about $268 million) in total for the Belt and Road science and technology projects since the Belt and Road Initiative (BRI) was proposed in 2013, said the CAS President Bai Chunli on Apr. 19. Bai made the remarks…
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East Asia
China issues report on BRI progress, contributions and prospects
China published a report on the progress, contributions and prospects of the Belt and Road Initiative (BRI) in Beijing on Apr. 22, ahead of the second Belt and Road Forum for International Cooperation (BRF) to be held from Apr. 25 to 27. The document was released at a press…
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East Asia
China has the opportunity to help develop SE Asian countries under BRI: Mahathir
The Silk Road connects China and Europe and is an important trade route between East and West. President Xi Jinping proposed the Belt and Road Initiative (BRI) to further expand the con-notation of the Silk Road, Malaysian Prime Minister Mahathir Mohamad said. Mahathir is set to visit China for the…
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