China no longer world's waste reprocessing plant
China announced a ban on imports of garbage in July 2017. Although it was a low-profile announcement, it drew wide reaction internationally.
With proper policies, HK can be San Francisco of Asia
The direction of the Hong Kong economy is a challenging question. Hong Kong has limited space and a dense population. Most of the factories have moved to the Chinese mainland. The developed financial and real estate industries act as two pillars of its economy.
Russia aims to follow China's lead with African ties
Russia's Minister of Trade and Industry Denis Manturov and his Egyptian counterpart Tarek Kabil signed an agreement to establish a Russian industrial zone during the 11th Egyptian-Russian Economic Commission meeting in Moscow on Wednesday. This will boost cooperation between the two countries, especially in the industrial, agricultural and customs fields.
Taiwan's dollar diplomacy doomed to end in failure
The African country Burkina Faso on May 24 declared it would break off diplomatic relations with Taiwan. On May 26, State Councilor and Foreign Minister Wang Yi and Alpha Barry, the foreign minister of Burkina Faso, jointly signed a communique to resume diplomatic ties. It showed the limitations of Taiwan's dollar diplomacy.
Indonesia's path to prosperity lies in manufacturing
Indonesia is full of optimism, but much must be done to achieve its ambitions. Early last year, President Joko Widodo (Jokowi) set a goal for the country to become the world's fourth-largest economy by 2045, which will also be the 100th anniversary of independence.
US trade coercion moves must be abandoned
The US and China have pulled back from the brink of a potentially nasty trade war, following several rounds of intensive negotiations in Beijing and Washington.
Reasoning, talks can resolve Sino-US trade disputes
There are inevitable conflicts and friction in China-US economic ties, given the discrepancy between the two countries' economic systems and structures, reserves of natural resources and standards of living. Despite such differences, there's still immense leeway for the world's two largest economies to complement each other's strengths.
Trade agreement is best outcome for China, US
There won't be a Sino-US trade war. This was the core achievement of Vice Premier Liu He's negotiations with the US. According to the statement made on Saturday, the two sides agreed to reduce the US trade deficit with China. China will increase the imports of US goods and services, including agricultural products and energy exports, and will attach more importance to patent protection and two-way investment.
US falsehoods show it can't escape Thucydides's Trap
Recently, the US Department of State issued an independent report accusing China of using debtbook diplomacy to serve its strategic aims in the Asia-Pacific. In the report, it mentions that China is providing strategic loans to small countries in the region and seizing the resources it wants when those countries have trouble repaying the debt. The report grabbed worldwide attention.
Improving energy security needs long-term govt focus
Energy prices, especially oil and natural gas prices in China, have made a strong comeback after a temporary decrease earlier this year. From January to April, imports of crude oil and natural gas rose 8.9 percent and 36.4 percent year-on-year respectively, while costs were up 32.3 percent and 66.6 percent.
China, Russia can both benefit from Far East progress
Vladimir Putin began his fourth term as Russian president last week. In recent years, there has been speculation that the closer relations between China and Russia may have been partly the result of Russia's need for allies amid increasing pressure from the West.
India's economy hinges on improved transportation
India's economy has grown rapidly over recent years, and the level of development in some areas has increased significantly. But why is the traffic still so bad? The problem has many causes.
Online options feeding boom in secondhand car sales in China
Secondhand cars are becoming increasingly popular in China, with the nation's auto market maturing and its internet-savvy population availing of a growing number of auto trading sites.
Consensus can still be found in China-US talks
China and the US are about to kick off the next round of dialogue and consultation. However, the two sides are currently very divided.
Indian stock market offers diversification opportunity for Chinese investors
ICBC Credit Suisse Asset Management Co has announced the public offering of the ICBC Credit Suisse India Market Fund, China's first publicly offered fund for investing in India.
BCIM offers pathway for broader China-India energy cooperation
China's natural gas supply can't meet its soaring demand, especially since the government wants to use more of the fuel to cut pollution. There's a similar situation in India, which has 17 percent of the global population but only 1 percent of the world's oil and natural gas reserves.
Africa benefits from growth in Chinese tourism
Two movies that were shown this year in Chinese cinemas, Operation Red Sea and Wolf Warrior II, not only brought huge success to their producers; they were also considered ideal ways for Chinese audiences to see more of Africa, and to encourage them to visit the continent and see its natural beauty, lifestyle and cultural heritage.
Moon's policies could enhance cooperation with B&R
South Korean President Moon Jae-in has made much of economic cooperation with Northern countries. Not long after taking office, he decided to assemble the Presidential Committee on Northern Economic Cooperation (PCNEC).