China
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East Asia
AIIB boosts common development of Asia, world
The China-sponsored Asian Infrastructure Investment Bank (AIIB) has approved $7.5 billion in loans to support infrastructure projects in 13 countries of six regions, including East Asia, Southeast Asia, South Asia, Central Asia, West Asia and Africa, driving almost $40 billion of capital into infrastructure projects over the past three years…
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East Asia
Does China ‘Belt and Road’ initiative benefit Africa?
The fact that the Belt and Road project was initiated by China, but serves development interests of other countries is a confirmation of President Xi Jinping’s belief that the world can work together for the betterment of humanity, with shared prosperity, and that poverty elimination is possible and can be…
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East Asia
Green investment prioritized in Belt and Road cooperation
China is reinforcing cooperation on environment-friendly investment and green financing with financial institutions from multiple countries and regions, in an effort to curb carbon emission generated from infrastructure construction, and secure low-carbon and sustainable growth of countries along the Belt and Road. The Global Infrastructure Hub (GIH) predicted that by…
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East Asia
The Significance of “Belt and Road” for African Integration
It was a good chance to visit the great nation-China. I visited China in 2011 and 2013 respectively for about ten days each, which is a very short time to explore such a big nation. However, in addition to Beijing I had an opportunity to visit Shanghai, Guangzhou, and Hangzhou.…
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East Asia
Regulators Join Tech Rivalry with National-Security Blocks on Cross-Border Investment
Much has been made of negotiations between the United States and China amid their “trade war” over the past two years. Concerns by the US government about the role of Chinese companies — especially Huawei — in the buildout of next-generation 5G telecom networks around the world has provided the…
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East Asia
The US, China and ‘Technology War’
Although Donald Trump’s “trade war” against China has consumed much of the world’s attention throughout 2018 and into 2019, policy communities on all sides appear to agree that old-fashioned trade frictions are really just an appetizer ahead of the main course: a looming “technology war” between the two great powers.…
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East Asia
Chinese startups dream of AI-driven everyday life
Arguably, science and technology are all about creating a better life, greater convenience and a safer environment for people. And that’s what many Chinese startups at a recent tech fair have in mind — to make a significant impact on everyday life. With a focus on artificial intelligence (AI), Reconova,…
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East Asia
Xi’s Monaco visit sets trend
Chinese President Xi Jinping’s state visit to Monaco will set an example of friendly relations between countries of different sizes and lead other small-sized nations to cooperate with China, analysts said. Xi attended an official welcome ceremony in Monaco on March 24 and held talks with Prince Albert II, head…
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East Asia
Villagers shake off poverty by making replica Terracotta Warriors in Shaanxi
Every year, millions of tourists from home and abroad come to marvel at the Terracotta Warriors, the stone soldiers and horses buried to protect China’s first emperor Qinshihuang of the Qin Dynasty (221 BC-206 BC) in the afterlife. In Lintong county, near Xi’an, capital of Shaanxi Province, a parallel trade…
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East Asia
Xi’s visit to Monaco marking historical moment in bilateral friendship: Monaco minister
Chinese President Xi Jinping’s visit to Monaco would mark a historical moment in the friendship between the two countries, said Jean Castellini, Minister of Finance and Economy of Monaco, in a recent interview with People’s Daily. He believes Xi’s visit is of vital significance for the further development of bilateral…
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