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China pushes for multilateralism, vaccine cooperation and WTO reforms at G20

China reiterated its determination to safeguard multilateralism and support WTO reforms during the Group of 20 (G20) summit's opening ceremony, while vowing to strengthen teamwork with overseas countries, such as in COVID-19 vaccine research and production, to combat the pandemic crisis.
Source: Global Times | 2020/11/21 23:57:46

China and US should negotiate BIT after Joe Biden takes office: analysts

China and the US should work together to negotiate a Bilateral Investment Treaty (BIT) after president-elect Joe Biden takes office, said economists and analysts, amid China's ongoing push for greater opening-up and post-virus global economic recovery which needs closer cooperation among major powers.
Source: Global Times | 2020/11/21 16:13:13

Understanding China conference opens with focus on creating a community of shared future for mankind

Chinese President Xi Jinping sent a congratulatory letter on Friday to the opening ceremony of the Understanding China Conference 2020 in Guangzhou, capital of South China's Guangdong Province - a platform that showcases Beijing's commitment to deepening reform and opening-up amid rising unilateralism.
Source: Global Times | 2020/11/20 19:11:28

Canberra risks hurting its housing market with increased scrutiny on China: industry observers

Australia's real estate sector is expected to experience a continued drop in investment from China as bilateral ties plunge to their worst level in decades, after media reports on Chinese investors pulling out of a $58.5 million Sydney property deal after facing an extraordinarily long review time from Australia's foreign investment review panel.
Source: Global Times | 2020/11/20 18:33:41

China has offered $2.1billion of debt relief to poor countries: Finance Minister

China has extended debt relief worth a total of $2.1 billion to poor countries under the G20 framework, the most among G20 members in terms of deferral amount, Chinese Finance Minister Liu Kun said Friday.
Source: Global Times | 2020/11/20 16:15:10

Most US firms optimistic about doing business in China after Biden's win: AmCham Shanghai

US firms in China seem to have welcomed Joe Biden's recent election victory, hoping the soon-to-be president can make efforts to improve business ties between the two economic giants.
Source: Global Times | 2020/11/20 14:13:43

Shipping lines call for containers

The container throughput of eight hub ports in China rose 11.1 percent in October, and throughput involving foreign trade increased 11.9 percent year-on-year, 3.3 percentage points faster than in the previous month, according to the China Ports and Harbors Association (CPHA).
Source: Global Times | 2020/11/19 19:53:40

Ball is in EU's court for reaching BIT with China: expert

The EU should make a firm decision and not wait for new policy direction from the US government to push forward the completion of the China-EU bilateral investment treaty (BIT) talks at the year-end, a Chinese expert said.
Source: Global Times | 2020/11/19 19:01:46

China to provide COVID-19 vaccines to Africa to support virus control: FM

China supports the establishment of a free trade zone in Africa and will actively consider providing COVID-19 vaccines to African countries in need after the vaccine is developed and put into use, Chinese Foreign Ministry confirmed on Thursday, in response to a call by South African President Cyril Ramaphosa for support from the international community.
Source: Global Times | 2020/11/19 17:55:13

The battle for vaccine transportation and distribution begins

With the continuous spread of good news about COVID-19 vaccines, how to ensure its transportation has become a hot topic for the global cargo industry. Analysts believe that vaccine transportation will stimulate the aviation recovery, but questions remain about how to make the transportation safe.
Source: Global Times | 2020/11/19 17:38:40

40 more multinational firms set up regional HQs and R&D centers in Shanghai

A certification ceremony for 40 multinational companies was held in Shanghai on Thursday, marking their move to set up regional headquarters and research centers in the city following Shanghai's firm determination to further open up for a high-quality economy.
Source: Global Times | 2020/11/19 17:26:54

China holds active, open attitude toward joining CPTPP: Ministry of Commerce

China welcomes any regional free trade pact that is in line with WTO rules and favorable for pushing economic globalization and regional economic integration, Gao told a regular media briefing in Beijing.
Source: Global Times | 2020/11/19 17:20:46

Xi reassures global business leaders of China's commitment to wider opening-up at APEC CEO Dialogues

Chinese President Xi Jinping on Thursday reassured global businesses that China will continue to open up its market and share more opportunities for common development with other countries, despite growing risks and uncertainties brought about by rising unilateralism, protectionism and bullying practices.
Source: Global Times | 2020/11/19 11:52:33

China will not seek “decoupling” nor engage in building a closed circle excluding other countries: Xi

China will not seek "decoupling" or engage in building a closed circle excluding other countries, Chinese President Xi Jinping said at APEC CEO Dialogue on Thursday.
Source: Global Times | 2020/11/19 10:57:07

China has full confidence, ability to maintain stable economy: Xi

China has full confidence and ability to maintain stable economic performance and meet the goal of building a moderately prosperous society in all aspects, Chinese President Xi Jinping said at APEC CEO Dialogue on Thursday.
Source: Global Times | 2020/11/19 10:45:13

Xi delivers keynote speech at APEC CEO Dialogues

Chinese President Xi Jinping began to deliver a keynote speech at the APEC CEO Dialogues via video link.
Source: Agencies | 2020/11/19 10:35:37

Green finance is AIIB's DNA: bank's principal investment officer

After China and other Asian countries made net zero emissions pledges recently, substantial investment in green infrastructure has reinforced the need for the Asian Infrastructure Investment Bank (AIIB) to focus on more environmentally friendly projects.
Source: Global Times | 2020/11/19 1:34:41

RCEP deal to shore up China-Malaysia trade by creating a bigger market for all, Malaysian officials say

A lot of changes are expected following Sunday's signing of the world's largest free trade agreement Regional Comprehensive Economic Partnership (RCEP) including rising trade between China and Malaysia, and broader re-structuring of supply chains in Asian countries, government officials from China and Malaysia said during the Malaysia-China Business Forum held on Wednesday.
Source: Global Times | 2020/11/19 1:17:20