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East Asia
China-New Zealand ties at historic high
By Li Feng and Bao Jie from People’s Daily Relations between China and New Zealand are at their best since the two countries established diplomatic relations 44 years ago, said Liu Qibao, head of the Publicity Department of the CPC Central Committee, during his three-day trip to New Zealand. The…
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East Asia
Eurasian Economic Union to cooperate with China
China and the Eurasian Economic Union (EEU) will create trade cooperation for interests of the EEU members. EEU Supreme Council meeting was held in Kazakhstan on May 31. Member states discussed the new cooperation with regional countries. Russian First Deputy Prime Minister Igor Shuvalov said “It would be great to…
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East Asia
Top 7 saving countries in Asia
Seven Asian states are the best saving countries in the world with gross national saving, a measure that accounts for both private and public savings according to the data from the International Monetary Fund (IMF), reports Business Asia One. According to the data, China saves the most money in absolute…
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South East Asia
Pyongyang’s acts increase tensions in the region
The international community was disturbed and taken aback by North Korea’s hydrogen bomb test in early January this year. The test was not only threatening the security and the peace of the Korean Peninsula but also the region and world at large. Malaysia is very concerned about this international issue…
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East Asia
China stresses media collaboration with South Korea
By Ma Fei, Chen Shangwen from People’s Daily Despite divergences in stances and perspectives, Chinese and South Korean media should boost collaborations through mutual trust and dispelling doubts, Liu Qibao, head of the Publicity Department of the CPC Central Committee, said on Sunday at a high-level media dialogue. Hailing the…
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East Asia
Will ‘Made in India’ replace ‘Made in China?’
(People’s Daily Online) Indians like to call their country “Incredible India.” Now, another tagline, “Made in India,”is set to become an important label for this country after business magnates Terry Gou andTim Cook showed interest in moving their production plants to India. Last week, Cook, who is the CEO of…
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East Asia
Russia, China considers Iran’s accession to Shanghai Cooperation Organisation
Sergey Lavrov, Russian Foreign Minister talked about Iran’s possible accession to the Shanghai Cooperation Organization (SCO) at the session of the Council of Foreign Ministers, Russian presidential envoy for SCO Bakhtiyer Khakimov told journalists in Tashkent on May 24, TASS reports. “For instance, we will remind about Iran’s application and…
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East Asia
Caucasus countries ranked as cheapest places to live
Three major countries in the Caucasus region, Azerbaijan, Georgia and Armenia are ranked the cheapest countries to live. Time.com released statistics about 50 cheapest countries to live in the world by comparing their life standards. Azerbaijan is 23rd, Georgia is 29th and Armenia is ranked 42nd among these countries. Main…
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South East Asia
India considers accession to Eurasian Economic Union, Kazakh ambassador says
Kazakhstan and India will increase bilateral trade turnover up to $5 billion during the next 2-3 years, The Times of Central Asia reported citing Yerzhan Shaikenov, co-chairman of the Kazakhstan-India Business Council. “We hope that the Business Council will help increase mutual trade and investments. I expect that in two-three…
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East Asia
Goods to be delivered from India to Europe within 14 days
With the railway corridor connecting India to Europe, we will soon be able to deliver goods along this route in no more than 14 days, chairman of Azerbaijan Railways, Javid Gurbanov said in his interview with The Business Year. He talked about the International Trans-Caspian route from China to Baku…
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