China will allow US barley imports that meet relevant requirements, read an announcement the General Administration of Customs published on its official website on Thursday.
Since the COVID-19 outbreak, there has been much discussion about how fiscal policies could be used to cushion the virus' impacts.
China's politburo meeting on COVID-19 and the economy on April 17 pointed out that more fiscal policies are needed to be introduced more proactively to exert positive effects. Does that mean we should raise the fiscal deficit, expand government debt and issue special bonds? Obviously not.
All three major production networks in the world - East Asia, North America and Europe - have encountered economic fallout from the deadly COVID-19. Regions more deeply involved in globalization with more complex technique requirements and closer international divisions of labor are being hit harder by the virus.
China and the US may see up to 10 years of fluctuating relations after the pandemic. US politicians calling for decoupling from China are simply naïve, and economic principles are more important.
The "decoupling" between China and the US has been partially accelerated amid the coronavirus pandemic. China-US trade in the first four months slumped 12.8 percent year-on-year after a 10.7 percent drop in 2019, while the Association of Southeast Asian Nations (ASEAN) has become China's largest trading partner with a 5.7 percent increase in the first four months.
Argentina is near a new default of "its" debt. It is "its" debt because the debt cycles in Argentina - like in most of the developing countries - are always a complex process of facts in which injustice are most of the time the rule.
Facing a cascading coronavirus onslaught and the tumult of the impending presidential election in November, US President Donald Trump and his team are playing the "China-bashing" card again, a ritual the cohort of China hawks in Washington find useful and expedient to shirk responsibility and guilt.
Among the latest wave of ill-intentioned suggestions made by some US politicians to blame China and distract from the Trump Administration's errors in handling the COVID-19 crisis, defaulting on the US debt owned by China is the worst possible idea.
American politicians have been ramping up efforts to deflect their failure to deal with the coronavirus outbreak by promoting a global industrial chain "decoupling" from China, which is a na?ve move that will ultimately only hurt their own interests.
Australia maintains a political prejudice against China and other Asia-Pacific countries due to its long-term "identity crisis."
As COVID-19 continues to spread across the world, countries, especially major and large ones, should respect scientific facts and cooperate with each other to combat the global health crisis rather than cause divisions, said Chinese experts during a recent online conference.
As the coronavirus pandemic is seeing an accelerating situation in emerging markets, a third round of hits to the global economy is shaping up and emerging market economies will encounter tougher challenges.
China has set the date for this year's "two sessions" - the annual meetings of its top legislative body and top consultative body - in late May.
Chinese regulators haven't said there would be punishment in the Luckin case. The current cooperation between Chinese and US regulators under the new law can fill the gap in cross-border securities supervision, and it's conducive for US-listed Chinese companies to improve their image.
Chinese urban households prefer risk-free assets and houses account for about 70 percent. Real estate in China is a preferable way for residents to maintain the value of their assets under a prudent and stable policy environment, but it would also put pressure on consumption stimulation in the post-pandemic phase.
Indian firms are facing an opportunity to seek cooperative development rather than taking risks by "replacing" Chinese companies amid the coronavirus pandemic as certain Indian politicians have hinted. India needs to increase efforts to improve its business environment to attract investment.
Once the current global crisis eases, many things will go back to normal. Import and export activity will resume. Stores will reopen. People will return to offices and business travel will recommence. However, what behavior becomes typical in 2021 or 2022 may look distinctly different from what seemed business as usual back at the beginning of 2020.