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The US administration rolls out follow-up measures to repair its negligence only to prove that its defective trade protectionism policies go against the will of the public. China, given such background, should persist in its way to open up market and continue its role as advocator of free trade and
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There is no winner in a trade war, as unilateral action to impose tariffs has never been successful strategy. In 2002, the US government imposed tariffs on imported steel products, resulting in a net loss of about 200,000 American jobs. In 2009, the US government placed tariffs on imported tires fro
English News
The inefficient and short-sighted trade and economic policies and conducts of the US have aroused high alert of the world. What the US should do now as a major country is to go back to multilateralism, support free trading system, and safeguard international rules, since that is the trend of the wor
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China’s promotion of reform and opening-up is based on its own development interests, and will not be subject to the will of others. No matter how the external environment changes, China will follow its people-centered development philosophy to deepen reform and openness, and work with other countri
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The main reason may be that imperialism is deeply rooted in Western countries' political thinking and they understand the era differently from emerging countries. The West is still dominated by the US politically and militarily, and such a model has influenced Western countries' perception of non-We
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The EU and Japan recently announced the establishment an open trade zone and that Brussels will abolish tariffs on 99 percent of imports from Japan. If the US and the EU can go toward the same direction, a zero-tariff trade zone will be gradually formed among developed economies. In that case, China
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Companies from over 130 countries and regions from five continents have confirmed participation in the upcoming CIIE, Vice Minister of Commerce Wang Bingnan told the press conference. Participants include businesses from developing, developed and least-developed countries, he said.
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By Gao Haihong Global debt ended the first quarter at a record $247.2 trillion, up 11.1 percent from the same period last year, where non-financial corporate debt ($74 trillion) held the largest amount, according to latest data released by the Institute of International Finance (IIF). The heavy debt
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Throughout the process, China has been sincerely seeking a path to solve the problem, while the US failed to keep faith and became insatiable. As a result, there’s no necessity to continue trade negotiations as the US side had destroyed its credibility in the Chinese society.
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The year of 2018, which marks the 50th anniversary of Independence of Mauritius, will be of milestone significance in China-Mauritius ties. Mauritians believe that Xi’s trip will usher bilateral friendship into a new chapter in the new era.
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The FOCAC Beijing summit to be held this September and the Johannesburg summit held in 2015 are a showcase to the world of China’s important role in Africa’s development, said the president, calling on a persistence to the current cooperation model which has already been proved as correct.
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“The Rwandans are full of expectations towards Chinese President Xi Jinping’s visit. China brings Africa friendship and respect, as well as development experience that are urgently needed by us,” said James Munyaneza, managing editor of New Times, an English newspaper of Rwanda.