China
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East Asia
China holds strong appeal to foreign investment
Statistics indicate a steady growth of the scale of foreign investment China has used. Last year, China’s actual utilization of foreign investment hit a record high. In the first half of this year, the actual utilized value of foreign investment in China rose 7.2 percent from a year ago to…
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South Asia
Chinese firm to invest $20m in taxi, cargo services in Pakistan
By Nasir Aijaz AsiaN Correspondent Islamabad: A Chinese firm is working on comprehensive business plan to provide five important services in Pakistan, initially investing $20 million, with prospects of $600m in the future. Chinese company Time-saco intends to provide a rapid services platform to citizens by launching five…
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East Asia
U.S. should enhance cooperation with China rather than set obstacles
The ambivalence of some U.S. officials has been fully revealed by their recent ridiculous remarks. On one hand, they hope China to make huge purchases of U.S agricultural products to relieve their pressured American farmers. On the other hand, they are holding tight to the bigotry, the so-called “defending America’s…
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East Asia
China releases white paper on national defense in new era
The State Council Information Office of China issued a white paper titled “China’s National Defense in the New Era” on July 24. It is the 10th white paper on national defense the Chinese government has issued since 1998 and the first comprehensive one since the 18th National Congress of the…
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East Asia
China, UAE mark 35 years of diplomatic relations with new cooperation pledges
Abu Dhabi: China and the United Arab Emirates (UAE) are enjoying their “best period in history” while celebrating a milestone in their diplomatic relationship, a Chinese diplomat has said. “This year marks the 35th anniversary of the establishment of diplomatic relations between China and the UAE. Our relationship is…
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East Asia
Asean wary of being used as pawn in Washington-Beijing jostling
[Singapore] Despite the personal rapport between Donald Trump and Xi Jing-ping, Sino-US rivalry has been escalating over trade, technology, and security issues. As Trump puts it: “I am President of United States and Xi is President of China”. National interest trumps friendship. And the businessman-turned-politician has made it clear that in the…
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East Asia
China takes positive view of Trump-Kim meeting at Panmunjom: envoy
China has a positive view of the recent surprise meeting between the leaders of the United States and North Korea at the truce village of Panmunjom as it has created the momentum for positive change in the situation of the Korean Peninsula, Beijing’s top envoy in Seoul said Wednesday. Chinese…
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East Asia
Participants to Summer Davos hail Chinese contribution
The 2019 Summer Davos meeting, also known as the 13th Annual Meeting of the New Champions kicked off on July 1 in northeast China’s coastal city of Dalian. The forum is attended by more than 1,900 politicians, business people, scholars and media representatives from over 100 countries. As the world’s…
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East Asia
China further widens market access with new negative lists, industry catalogue
China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) on June 30 released revised negative lists for foreign investment market access and a revised catalogue of industries that encourage foreign investment, introducing greater opening-up measures. The two lists aimed at pilot free trade zones (FTZ) and the…
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East Asia
China-EU investment pact likely in 2020
The negotiations on a China-EU bilateral investment treaty (BIT) are moving forward and the two sides have made positive headway in the text and an associated list, according to Chinese officials. Analysts said there is a high possibility that the high-level agreement will be signed next year as scheduled amid…
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