Tag Archives: China

New kid on the block.China.org.cnChinese aircraft delivers humanitarian aid in Cuba after Hurricane Irma Xinhua Latin America is an important region with a concentration of developing countries, said Wang. The development and revitalization of the region is an important part of the endeavors to revitalize the emerging markets and developing countries as a whole.China-Latin America comprehensive cooperation is facing new opportunities, he noted. Ecns.cn China, Cuba vow to enhance...

The Chinese view. Global Times | EditorialTrump’s UN address reduces hope of peace on Korean Peninsula

Continuation of part one, previously linked to here at MNE. Asia TimesUS the likely loser of trade war with ChinaKen Moak

The idiots at S&P are at it again, downgrading China's "debt." This asinine rating agency does not understand the distinction between a currency issuing nation (of which, China is one) and a country that doesn't issue currency or, that has debt denominated in another currency.All of China's "debt" is denominated in yuan, which they have the monopoly power to issue. There is zero risk that China wouldn't be able to meet its obligations in yuan.Anyway, what do you expect from a firm...

Fixing the corruption problem in China’s ruling Communist Party is “world class hard” and the battle will never end, the country’s top graft-buster told Singapore’s prime minister in a rare meeting with a visiting foreign leader. Wang Qishan, who heads the party’s Central Commission for Discipline Inspection, has been at the forefront of President Xi Jinping’s fight against deep-seated corruption, and speculation has swirled about whether he will retire or stay on at next month’s key party...

Farms failing to meet environmental requirements will be closed and fewer chemicals will be used in Shanghai's agricultural production. These are part of the city's endeavors to promote the construction of a green and modern urban agriculture. Quality is the name of the game. "Shanghai's agricultural development is more about its ecological function, and compared with quantity, we should focus more on quality," Zhang Guokun, director of the city's agricultural commission, said...

Previous research has shown that China's entry into the WTO in 2001 has had a profound impact on jobs and wages of low-skilled workers in the US in sectors exposed to Chinese imports. The same is not true for Germany. This column argues this is because the import-side trade adjustment to low-cost competition had already happened before the rise of China, because the rise of Eastern Europe offered new export opportunities for German firms, and because China’s love for product quality found a...

Interesting article by a American economist on the Chinese economy, showing how most US economists misread events there. Goldman is on the side of the US maintaining hegemony but his analysis shows how and why this is just wishful thinking if the current trend persists, and there is not much the US can do about it without confronting the Thyudicides trap.Asia TimesWestern contempt for China turns to panic Spengler (David P. Goldman) Poking sticks into the dragon's liar is a dumb move...

Assisting Tehran with sidestepping an ongoing Washington sanctions regime against the country, China has opened a $10 billion line of credit intended to finance energy, transportation, water and other key Iranian infrastructure projects.… The significant credit line will primarily use euros and yuan to bypass the US sanctions.... Sputnik InternationalUS Sanctions Continue to Backfire: China Opens $10 Billion Credit Line for Iran

"Learning the core values can make the younger generation better understand their responsibilities. It is a moral impetus to make students become better people," Li Shenghui, a middle school math teacher in Guangzong, North China's Hebei Province told the Global Times. The ethical codes were first defined at the 18th National Congress of the Communist Party of China in 2012. There are 12 in all, which are written in 24 Chinese characters. According to the People's Daily, the values...