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East Asia
Innovation opens up new possibilities for global economic growth
The world economy is currently confronted with slackening growth and rapidly mounting risks. Unilateralism and protectionism, placing severe impacts on the international order and the multilateral trading system, have become the largest risks that threaten global economic stability. “Innovation holds the key to fundamentally unleashing the growth potential.” Chinese President…
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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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East Asia
Open cooperation, joint development remain a thoroughfare
The World Bank’s global growth forecast for 2019 stood at 2.6 percent, the lowest in the recent three years, while the global trade growth this year was also revised down to 2.6 percent, the weakest since the global financial crisis 11 years ago. The trade friction unilaterally provoked by the…
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East Asia
Win-win cooperation remains the only right choice
Chinese President Xi Jinping will attend the 14th Group of 20 (G20) summit in Osaka, Japan from June 27 to 29 at the invitation of Japanese Prime Minister Shinzo Abe. It will be the seventh consecutive time that President Xi to attend or chair the G20 summit, which reflects the…
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East Asia
Upcoming G20 summit to inject positive energy into global economic governance
The 14th Group of 20 (G20) summit is slated to be held in Osaka, Japan on June 28 and 29. Chinese President Xi Jinping will once again join the leaders of other G20 members, guest countries, and heads of international organizations for discussions on stabilizing world economy and promoting global…
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East Asia
Xi to hold meetings with world leaders at G20 summit
Chinese President Xi Jinping will hold multilateral meetings with leaders of BRICS countries, trilateral talks with leaders of India and Russia as well as meetings with leaders of African countries during the G20 summit in Japan from June 27 to 29, Chinese officials said. Against rising protectionism and unilateralism in…
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East Asia
Seoul hopes DMZ meeting will serve as ‘turning point’ in denuclearization, advance cross-border ties
The historic meeting held at the inter-Korean border between the leaders of the two Koreas and the United States will serve as a “turning point” in nuclear talks and contribute to advancing inter-Korean relations, the unification ministry said Monday. On Sunday, U.S. President Donald Trump and North Korean leader Kim…
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East Asia
N. Korean media reports on Trump-Kim meeting at DMZ
North Korean leader Kim Jong-un and U.S. President Donald Trump held a “historic meeting” at the Demilitarized Zone (DMZ) dividing the two Koreas and agreed to resume dialogue for denuclearization, the North’s official news agency reported Monday. During the meeting at the truce village of Panmunjom in the DMZ…
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East Asia
From world’s most dangerous border to symbol of peace, DMZ making new history
The world’s spotlight was on the Demilitarized Zone (DMZ) that separates the two Koreas and the truce village of Panmunjom on Sunday as U.S. President Donald Trump and North Korean leader Kim Jong-un had a surprise encounter there. In accordance with the armistice agreement that ended the 1950-53 Korean War,…
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