In near future, China is not possible to encounter year deficit in trade. However, monthly trade deficit is an alert, as it indicates that Chinese economy still has ruinerabilities that can not be neglected.
THE recent weakening of the RMB,or yuan,against the U.S.dollar,resulting in the Black Monday and Tuesday of China’s stock market has given certain countries the pretext to depreciate their currencies,and is blamed fo...THE recent weakening of the RMB,or yuan,against the U.S.dollar,resulting in the Black Monday and Tuesday of China’s stock market has given certain countries the pretext to depreciate their currencies,and is blamed for sending shockwaves through the world’s primary commodity market.Amid voices that accuse China of waging a currency war。展开更多
Sufficient awareness must be raised of the severity and complexity of terrorism in Xinjiang Uygur Autonomous Region,secretary of the regional committee of the Communist Party of China Zhang Chunxian said on August 2,2...Sufficient awareness must be raised of the severity and complexity of terrorism in Xinjiang Uygur Autonomous Region,secretary of the regional committee of the Communist Party of China Zhang Chunxian said on August 2,2014 after violence in Shache County on July 28claimed 37 innocent lives and injured13 people.The shooting dead of 59 terrorists and arrests of 215 underline the horror of the situation,and the dire necessity for an anti-terror strategy.The obvious planning of this incident has confi rmed that there was collaboration between terrorist groups展开更多
THE Chinese government has recently launched antimonopoly probes against foreign corporate giants such as Microsoft,Mercedes-Benz and Audi.Some Western media outlets have interpreted the investigations as suppression ...THE Chinese government has recently launched antimonopoly probes against foreign corporate giants such as Microsoft,Mercedes-Benz and Audi.Some Western media outlets have interpreted the investigations as suppression of foreign enterprises.Although expected,these reactions are unreasonable in the light of evidence.China’s restrictions on monopolies are no more extreme than those practiced by other major economies,and in some ways are more lenient.When foreign companies violate laws,the Chinese government is obliged to step展开更多
Whether "Dutch Disease" Will Spoil China-US Macroeconomic Cooperation CHINA and the United States made a series of commitments to coordinate their respective macroeconomic policies and to transform their eco...Whether "Dutch Disease" Will Spoil China-US Macroeconomic Cooperation CHINA and the United States made a series of commitments to coordinate their respective macroeconomic policies and to transform their economic展开更多
A mong the eight major steps China announced at the Third Belt and Road Forum for International Cooperation to support high-quality Belt and Road cooperation,the cancelation of all restrictions on foreign investment a...A mong the eight major steps China announced at the Third Belt and Road Forum for International Cooperation to support high-quality Belt and Road cooperation,the cancelation of all restrictions on foreign investment access in the manufacturing sector is the most striking measure,or at least one of the most eye-catching.展开更多
THE long-term rise in exports has made an undeniable contribution to China's economic growth. As the world's biggest commodities trader, China's reliance on foreign trade was the highest among the world's economic...THE long-term rise in exports has made an undeniable contribution to China's economic growth. As the world's biggest commodities trader, China's reliance on foreign trade was the highest among the world's economic powers for many years.展开更多
CHINA'S stock market plunge and a depreciation of the yuan caused by the country's foreign exchange reform triggered turmoil in global markets in August. Some even claim that the yuan exchange rate will collapse, ca...CHINA'S stock market plunge and a depreciation of the yuan caused by the country's foreign exchange reform triggered turmoil in global markets in August. Some even claim that the yuan exchange rate will collapse, causing capital outflow to spiral out of control. Market fears about China's fall are more prominent than they have been in a decade.展开更多
China should keep pushing ahead for reform of international economic coordination mechanisms and improved global governance on the basis of equity and efficiency.
Some foreign companies recently shut down their factories in China. Japanese watchmaker Citizen shuttered its manufacturing base in Guangzhou, south China's Guangdong Province, Panasonic announced plans to close down...Some foreign companies recently shut down their factories in China. Japanese watchmaker Citizen shuttered its manufacturing base in Guangzhou, south China's Guangdong Province, Panasonic announced plans to close down two TV production lines, and Microsoft decided to discontinue two cellphone production lines previously run by Nokia. Does it mean an exodus of large multinationals from China? Mei Xinyu, a researcher with the Chinese Academy of International Trade and Economic Cooperation, says there is no reason to panic. Excerpts of his argument follow:IT is true that some foreign companies recently shut down their factories in China and these multina- tional moves are bound to draw attention. However. the reports by a section of the media giving the impression that multinationals are leading an exodus of foreign companies from China are one-sided.展开更多
THE Third Plenary Session of the 18th Communist Party of China (CPC) Central Committee. as expected, attracted much domestic and global at- tention upon its conclusion on November 12. On the release of the official ...THE Third Plenary Session of the 18th Communist Party of China (CPC) Central Committee. as expected, attracted much domestic and global at- tention upon its conclusion on November 12. On the release of the official communique, one of the major questions being asked by media and analysts is what the session means to the world economy.展开更多
RIGHT at the start of 2013, the National Development and Reform Commission (NDRC) fined six overseas companies for rigging prices for LCD panels, call ing attention to foreign companies who try to undermine China's...RIGHT at the start of 2013, the National Development and Reform Commission (NDRC) fined six overseas companies for rigging prices for LCD panels, call ing attention to foreign companies who try to undermine China's Anti-Monopoly Laws.展开更多
The advantage of being a late follower is not forever In 2016 China made $5.5 trillion worth of mobile payments while the United States made $112 billion.China is far ahead of Western countries in
product (GDP) by approximately 7 percent and keep the increase in the consumer price index at around 3 percent, says Premier Li Keqiang's government work report delivered at the Third Session of the 12th National P...product (GDP) by approximately 7 percent and keep the increase in the consumer price index at around 3 percent, says Premier Li Keqiang's government work report delivered at the Third Session of the 12th National People's Congress (NPC) on March S. Lowering the growth target from 8 percent, which China maintained for several years before 2012, is a reasonable adjustment in the global economic and political situation.展开更多
As the world's economic growth slows,China finds itself confronting the twin challenges of the "re-industrialization" of developed countries and the shift of traditional labor-intensive industries to cheaper emergi...As the world's economic growth slows,China finds itself confronting the twin challenges of the "re-industrialization" of developed countries and the shift of traditional labor-intensive industries to cheaper emerging developing nations.What are China's advantages and what展开更多
CHINA is steadily advancing in its efforts to champion globalization despite the spread of trade protectionism.Though global trade powers such as Japan and Germany are formulating stern laws on foreign investment,Chin...CHINA is steadily advancing in its efforts to champion globalization despite the spread of trade protectionism.Though global trade powers such as Japan and Germany are formulating stern laws on foreign investment,China,the world's largest industrial country,is relaxing market access for foreign investors,further opening up its economy to the world.展开更多
文摘In near future, China is not possible to encounter year deficit in trade. However, monthly trade deficit is an alert, as it indicates that Chinese economy still has ruinerabilities that can not be neglected.
文摘THE recent weakening of the RMB,or yuan,against the U.S.dollar,resulting in the Black Monday and Tuesday of China’s stock market has given certain countries the pretext to depreciate their currencies,and is blamed for sending shockwaves through the world’s primary commodity market.Amid voices that accuse China of waging a currency war。
文摘Sufficient awareness must be raised of the severity and complexity of terrorism in Xinjiang Uygur Autonomous Region,secretary of the regional committee of the Communist Party of China Zhang Chunxian said on August 2,2014 after violence in Shache County on July 28claimed 37 innocent lives and injured13 people.The shooting dead of 59 terrorists and arrests of 215 underline the horror of the situation,and the dire necessity for an anti-terror strategy.The obvious planning of this incident has confi rmed that there was collaboration between terrorist groups
文摘THE Chinese government has recently launched antimonopoly probes against foreign corporate giants such as Microsoft,Mercedes-Benz and Audi.Some Western media outlets have interpreted the investigations as suppression of foreign enterprises.Although expected,these reactions are unreasonable in the light of evidence.China’s restrictions on monopolies are no more extreme than those practiced by other major economies,and in some ways are more lenient.When foreign companies violate laws,the Chinese government is obliged to step
文摘Whether "Dutch Disease" Will Spoil China-US Macroeconomic Cooperation CHINA and the United States made a series of commitments to coordinate their respective macroeconomic policies and to transform their economic
文摘A mong the eight major steps China announced at the Third Belt and Road Forum for International Cooperation to support high-quality Belt and Road cooperation,the cancelation of all restrictions on foreign investment access in the manufacturing sector is the most striking measure,or at least one of the most eye-catching.
文摘THE long-term rise in exports has made an undeniable contribution to China's economic growth. As the world's biggest commodities trader, China's reliance on foreign trade was the highest among the world's economic powers for many years.
文摘CHINA'S stock market plunge and a depreciation of the yuan caused by the country's foreign exchange reform triggered turmoil in global markets in August. Some even claim that the yuan exchange rate will collapse, causing capital outflow to spiral out of control. Market fears about China's fall are more prominent than they have been in a decade.
文摘China should keep pushing ahead for reform of international economic coordination mechanisms and improved global governance on the basis of equity and efficiency.
文摘Some foreign companies recently shut down their factories in China. Japanese watchmaker Citizen shuttered its manufacturing base in Guangzhou, south China's Guangdong Province, Panasonic announced plans to close down two TV production lines, and Microsoft decided to discontinue two cellphone production lines previously run by Nokia. Does it mean an exodus of large multinationals from China? Mei Xinyu, a researcher with the Chinese Academy of International Trade and Economic Cooperation, says there is no reason to panic. Excerpts of his argument follow:IT is true that some foreign companies recently shut down their factories in China and these multina- tional moves are bound to draw attention. However. the reports by a section of the media giving the impression that multinationals are leading an exodus of foreign companies from China are one-sided.
文摘THE Third Plenary Session of the 18th Communist Party of China (CPC) Central Committee. as expected, attracted much domestic and global at- tention upon its conclusion on November 12. On the release of the official communique, one of the major questions being asked by media and analysts is what the session means to the world economy.
文摘RIGHT at the start of 2013, the National Development and Reform Commission (NDRC) fined six overseas companies for rigging prices for LCD panels, call ing attention to foreign companies who try to undermine China's Anti-Monopoly Laws.
文摘The advantage of being a late follower is not forever In 2016 China made $5.5 trillion worth of mobile payments while the United States made $112 billion.China is far ahead of Western countries in
文摘product (GDP) by approximately 7 percent and keep the increase in the consumer price index at around 3 percent, says Premier Li Keqiang's government work report delivered at the Third Session of the 12th National People's Congress (NPC) on March S. Lowering the growth target from 8 percent, which China maintained for several years before 2012, is a reasonable adjustment in the global economic and political situation.
文摘As the world's economic growth slows,China finds itself confronting the twin challenges of the "re-industrialization" of developed countries and the shift of traditional labor-intensive industries to cheaper emerging developing nations.What are China's advantages and what
文摘CHINA is steadily advancing in its efforts to champion globalization despite the spread of trade protectionism.Though global trade powers such as Japan and Germany are formulating stern laws on foreign investment,China,the world's largest industrial country,is relaxing market access for foreign investors,further opening up its economy to the world.