Housing regulations necessary for stable economic growth, people's well-being
China's latest real estate policy will help move the sector in the right direction. Aimed at regulating housing prices, the country will advance the real economy and increase household income.
For the good of the world, US, China need to come back to the negotiating table
The US is now known for scrapping multilateral agreements, breaking pledges and using blatant threatening tactics whenever it wants to extract the most concessions from other countries before finally agreeing to put ink on a deal.
Belt and Road brings new changes to global governance
A recent study by a British think tank reveals that those who have migrated from one developing country to another have become the largest category among immigrants - a stark contrast from the picture of immigration decades ago.
Governments, central banks and companies must cooperate if new financial crisis hits
A new global economic crisis might be on the horizon. Global growth remains very soft and the world's largest companies are revising their growth figures and holding back on investments.
Why US neo-conservatives are trying to block Europe from BRI benefits
This is an important year for Europe as economic slowdown is likely - the IMF projects EU growth will fall to 1.6 percent in 2019. Regarding major external influences that can improve or worsen this situation, the US will also slow as the IMF projects a decline in growth from 2.9 to 2.3 percent, while China's growth is expected to be far higher at 6.0-6.5 percent.
Belt and Road projects aim to avoid new debt risks for developing countries
According to media reports, encouragement of sustainable financing is one of the bright spots in the draft communiqué for the second Belt and Road Forum for International Cooperation, a gesture meant to respond to accusations by some Western countries about the so-called "debt trap." While the construction of the Belt and Road Initiative (BRI) has achieved remarkable results in recent years, some Westerners never tire of smearing it by accusing BRI projects of creating debt traps for developing countries, which is nothing but a groundless attack.
China to carefully handle complications among EU countries to push forward BRI projects
Road and infrastructure connectivity is a crucial topic for the Belt and Road Initiative (BRI) and China-Central Eastern European Countries (CEEC) cooperation. Moreover, it is a major component of the China-EU Connectivity Platform and China-EU 2020 Strategic Agenda for Cooperation.
US criticism of the Belt and Road Initiative only places it at a disadvantage
A continuation of the international fault-finding mind-set toward the China-proposed Belt and Road Initiative (BRI) will only put the US at a disadvantage as the initiative has grown in importance in the global economic landscape, which has been threatened by protectionism.
Huawei's new 5G auto chip is more proof of technological prowess
Two starkly different stories appeared among the tech news headlines in recent weeks. Last week, Intel abruptly announced it is giving up its 5G modem development. And on Monday, Huawei launched the world's first 5G communications module for vehicles, making a formal bid to become a key supplier for self-driving autos.
BRI has proved to enhance development capabilities of participating economies
Sustainable development is the common goal and wish of all countries in the world today. In line with this common goal, the Belt and Road Initiative (BRI) is highly compatible with the UN 2030 Agenda for Sustainable Development. China attaches great importance to and responds to the needs of participating countries for economic and social development, focusing on the fundamental issue of development and supporting infrastructure construction in BRI countries and regions.
Has the Chinese economy hit its low point at 6.4% growth?
China's GDP rose 6.4 percent in the first quarter, matching the fourth quarter of last year. The market has reached the bottom earlier than expected in the beginning of 2019, and the economy also has hit its low point. However, in both the long and short run, the economic revival has been lackluster.
International energy market uncertainties may complicate the Fed's interest rate decision
The US Federal Reserve changed its hawkish stance in the March Fed meeting by signaling no rate hikes this year. Moreover, even US President Donald Trump and his top economic advisor Larry Kudlow have been calling on the Fed to cut interest rates these days.
China's economy is regaining traction, thanks to stimulus, technology investment, BRI
Following careful and substantive fiscal and monetary pump-priming, China's economy is regaining traction, as the country's newest statistics reported cozy 6.4 percent GDP growth for the first three months of 2019. A massive stimulus package, increasing investment and output of high-tech industrial lines have fired up the once sputtering engine.
Trump's 5G remarks ignore the internet's spirit of openness, sharing and innovation
In this 5G competition, China has many advantages that we didn't have in the past, such as the technical experience of Huawei and ZTE in equipment, more than 800 million internet users, and internet giants like Baidu, Alibaba and Tencent.
BRI creates new Asian paradigm for global economic integration and inclusiveness
The world has been closely following the Belt and Road Initiative (BRI) since it was announced in 2013. The idea started with developing a platform and financial mechanisms that would integrate developing nations into China's drive for a more cohesive economic policy and build much-needed infrastructure that developing nations need to make the jump to the fifth industrial revolution and take part in the 21st century economic framework.
Trump's 'epic' trade deal tied to reelection calculation
Although the US and Chinese governments both claimed they are nearer to clinching a trade deal and putting a year-long tariff war behind them, the world probably has to wait for a few more weeks, if not months, before the two superpowers sit down and put ink on paper. The world ought to have the patience to see how the protracted tussle will play out.
Trump's 'epic' trade deal tied to reelection calculation
Although the US and Chinese governments both claimed they are nearer to clinching a trade deal and putting a year-long tariff war behind them, the world probably has to wait for a few more weeks, if not months, before the two superpowers sit down and put ink on paper. The world ought to have the patience to see how the protracted tussle will play out.
More China-EU deals will bring prosperity but require time, trust and hard work
This week has seen China and the EU come together at a landmark summit that featured discussion at the highest level about how the flow of goods, services and capital between the two economic superpowers can benefit both sides. This is a sensitive subject. The backdrop of testy China-US trade talks and European governments' increased scrutiny of Chinese interest in strategically sensitive sectors are certainly dark clouds, but between them there is sunlight and hope for common ground.