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World Leaders Oppose All Forms of Protectionism
By Li Ning Leaders from 30 countries and three key international organizations that attended a roundtable meeting of a forum agreed to oppose all forms of protectionism, according to a communique. Participants in this leader’s roundtable of the Belt and Road Forum for International Cooperation adopted a joint initiative. The…
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South East Asia
Alibaba’s Jack Ma: “Belt and Road” for More Inclusive Globalization
By Du Xiaofei On May 14, Jack Ma described to the People’s Daily what he believes makes the Belt and Road Initiative a uniquely effective and inclusive project. Ma, executive chairman and founder of Alibaba Group, granted the interview on the sidelines of the Belt and Road Forum for International Cooperation.…
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World Leaders Reach Consensus on Belt and Road Development
By Li Ning Leaders from 30 countries and key international organizations reached broad consensus on the Belt and Road cooperation as they wrapped up a summit Monday in Beijing. Chinese President Xi Jinping said the leaders agreed that they would promote international cooperation on the Belt and Road development and…
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East Asia
Belt and Road Initiative Launched to Boost Economic Globalization
By Wang Ke The Belt and Road cooperation initiative on trade connectivity was launched on May 14 by China together with some 60 countries and international organizations. As the initiator, Chinese officials have told the world their determination to support economic globalization. The initiative document is the outcome of the…
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East Asia
China’s Banking Regulator Vows More Support to Belt and Road Development
China’s banking regulator vowed to provide more support to the development of the Belt and Road initiative, saying that the banks and financial institutions will be encouraged to offer greater funds to projects related to the policy. “In recent years, China’s banks and financial institutions have been motivated to improve…
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East Asia
Xi Calls for Joint Efforts to Turn Belt and Road into Path for Peace and Prosperity
President Xi Jinping called for joint efforts to build the Belt and Road into a road for peace, prosperity, openness, innovation and civilization on Sunday, May 14. Xi made the remarks when delivering a keynote speech at the opening ceremony of the two-day Belt and Road Forum for International Cooperation.…
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East Asia
Successful North Korea Missile Launch; Stern Response by Moon Administration
N.K. says it successfully test-fires new ballistic missile [Yonhap] SEOUL, May 15 (Yonhap) — North Korea said Monday it has successfully tested-fired a new ground-to-ground medium long-range ballistic missile, claiming that the U.S. mainland is within its striking range. North Korean leader Kim Jong-un observed the launch of the rocket,…
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East Asia
President Moon…”Straight to Work!”
Moon talks to Trump, early meeting promised [Joongang Daily] The leaders of South Korea and the United States on Wednesday vowed to maintain close cooperation in handling North Korea’s nuclear threats in their first phone talks, Seoul’s presidential office said. President Moon Jae-in and U.S. counterpart Donald Trump…
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East Asia
2017 South Korea Presidential Election: the “Moon” and “Hong” Race
The ballots have been counted and the results announced—Moon Jae-in of the Democratic Party has been selected as Korea’s 19th executive leader, winning with 41.1 percent of the votes. It took months of mass rallies, an impeached President, and a divided nation to come to this point and though the…
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