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East Asia
Arkansas official calls on China, US to double cherish bilateral cooperation
The trade frictions with China initiated by the US administration will hurt other countries, and ultimately lead to a vicious tariff barrier that undermines global trading system, an official with Arkansas state in southern US warned, calling on both sides to double cherish the hard-won cooperation and properly handle the…
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East Asia
Shanghai rolls out policy package to facilitate trade with ‘Belt and Road’ countries
Shanghai, China’s largest port of entry under the free trade agreement (FTA), has simplified the cargo clearance process for imports from the Belt and Road countries, and explored ways to serve origins of emerging industries, so as to gradually lower the trade costs of the Belt and Road countries on…
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East Asia
China’s foreign trade structure further optimized in first seven months
China’s imports and exports went up 8.6 percent year-on-year to 16.72 trillion yuan ($2.45 trillion) in the first seven months of this year, the official with Ministry of Commerce (MOFCOM) announced Tuesday quoting customs data. Exports grew 5 percent over the same period of last year to 8.89 trillion yuan…
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East Asia
US arbitrary practices violate international rules: Kazakh expert
The US capricious violation of various reasonable international rules just to “make America great again” would probably bring devastating results to the world economy and that of the US as well, Kazakh expert of international affairs Ruslan Izimov warned. He sent the warning as the US government’s recent stubborn decision…
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East Asia
Commentary: China’s central SOEs step into high-quality development
China’s central state-owned enterprises (SOEs) are stepping into high-quality development with sustained and fast growth as they secure great performance in revenue and profit. In the first half year, the Chinese central SOEs registered total revenues of 13.7 trillion yuan ($1.99 trillion) and profit of 887.79 billion yuan, up 10.1…
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East Asia
Koreans concerned over Monsanto’s Roundup weed killer
A growing number of farmers and consumers here are concerned about the health risks of Monsanto’s Roundup weed killer, following a California jury’s recent verdict over the cancer-causing glyphosate-based herbicide, according to civic groups Monday. With the wide use of the controversial herbicide at local farms, people have begun urging…
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East Asia
South Korea submits letter on banned North Korean coal shipments to UNSC
South Korea has submitted to the U.N. Security Council (UNSC) a letter detailing the results of its recent probe into illegal shipments of North Korean coal, a diplomatic source said Monday. Last Friday, Seoul’s customs office said that three South Korean firms brought in 35,038 tons of North Korean coal…
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East Asia
Can Trump and Kim Work It Out Despite Past Failures?
It was a riveting moment. Two enemies talking for a change. The Singapore summit between US President Donald Trump and Chairman Kim Jong Un of North Korea raised the prospect not only of a Korean Peninsula free of nuclear weapons but also of a strategic realignment in Northeast Asia. In…
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East Asia
Multilateral diplomacy war in the indian ocean
In January this year, Prime Minister Abe made official visits to Pakistan, Sri Lanka and Maldives with the aim of expanding its operations in the region and held key talks with Sri Lankan President Maithripala Sirisena in Rohingy last March: discussed in detail on the economy, maritime cooperation, security and…
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East Asia
Iran as an Increasing Regional Power in the South Caucasus Iran nuclear deal
Quite progressive and optimistic assessment of significance of the Joint Comprehensive Plan of Action, i.e. Iran’s long-term deal on its nuclear programme with the P5+1 group of world powers has not been big news. However, the U.S. President Donald Trump’s (on May 8, 2018) announced withdrawal of the States from…
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