China
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East Asia
E-commerce signals new future for ties between China, Africa
African companies are exploring new trade models with China based on e-commerce at the first China-Africa Economic and Trade Expo (CAETE), which opened on June 25 in Changsha, capital of Central China’s Hunan Province. Trade between China and African countries has been rising since 2008, and by 2018, China had…
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East Asia
China’s industrial profits return to black despite trade war
China’s economy is stabilizing with latest statistics pointing toward a mild rebound in May, as domestic companies strive to shake off the negative impact of the China-US trade war through internal improvements and flexible business strategies. According to data released by the National Bureau of Statistics (NBS) on June…
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East Asia
China, US need to press ahead with sincerity, action
The outcomes of the meeting between Chinese President Xi Jinping and his US counterpart, Donald Trump, on the sidelines of the G20 Osaka summit on June 29 have sent a positive signal to the two countries and the world. At their gathering, the two leaders agreed to restart economic and…
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East Asia
China’s Xinjiang provides focused assistance to areas of extreme poverty
Thanks to the unremitting efforts of China’s Xinjiang Uygur Autonomous Region, Turghun Rose , a man from a registered poor family in Awati township of Kashgar, Xinjiang, is now securing a stable income working as a forest ranger in the village and running agritainment business under the assistance from local…
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East Asia
China, UN sign MOU on global food security amid uncertainties
China on June 20 signed a memorandum of understanding (MOU) with the UN World Food Program (WFP) in Zhengzhou, Central China’s Henan Province, a major move to recognize China’s contribution to global food security and show the country’s willingness to share its agricultural experience with more developing countries amid an…
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East Asia
China, Africa boost relations
Cooperation with China is “beneficial” and yields visible results that empower African countries to realize sustainable growth, amid the challenges of unilateralism and protectionism, senior officials said on Tuesday, June 25. The remarks were made by Chinese and African ministers gathered in Beijing for the Coordinators’ Meeting on the Implementation…
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East Asia
China-Russia economic, trade index reflects stronger bilateral relationship
The first China-Russia (Harbin) economic and trade index was released on June 16 in Harbin, capital of Northeast China’s Heilongjiang Province, according to the Xinhua News Agency. The index is composed of both the national trade index and the regional trade index, including China’s trade with Russia, exports and imports…
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East Asia
Only mutual trust, mutual benefit lead to win-win results
Recently, some US politicians have acted irresponsibly and unjustly when dealing with international cooperation, especially major country relations. They constantly released signals of confrontation, with a wishful thinking that Uncle Sam might steal a win from the zero-sum game. Chief economics commentator Martin Wolf of Financial Times has well described…
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East Asia
G20 Osaka summit could be game changer if China, Japan explore BRI possibilities
It seems the days when Japanese brands were hotly favored in the Chinese market are gone. However, tangible signs still exist of strong trade and investment ties between the two East Asian economies. Beliefs are also firmly held that wide-ranging China-Japan cooperation, especially the bonds between the two nations concerning…
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East Asia
Op-ed: BRI “eroding national sovereignty” is false argument
Recently, some western politicians, think tanks and media outlets claimed that China’s Belt and Road Initiative (BRI) jeopardizes national sovereignty of the participating countries. They argued that Belt and Road countries might lose control over projects under China’s “debt trap”, and Beijing has obtained control over select infrastructure projects through…
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