is a region in transition. Since the beginning of the 21st century, thi s region has come across political struggle between new capitalistic groups and old b ureaucratic factions, as well as political turmoil as a result of the huge gap between the rich and poor. Indonesia is also going to hold a presidential election in April. These upcoming electi ons have sent a clear signal that Southeast Asian countries long for political stability and development. The Thai election can give confidence to other countries in the region. After all, with very few exc eptions, the junta can return power to the people through elections.Read More →

A terror strike by Pakistan-based terrorist group Jaish-e-Mohammed killed at least 40 India paramilitary police and injured many others in the India n-administered state of Jammu and Kashmir on Thursday, Indian media reported. Blind anger toward China was ignited after it. Some Indian analysts sought to link the deadly attack to “China’s continued protection” of the perpe trators. By refusing to back India’s appeal to list Masood Azhar, leader of terrorist outfit Ja ish-e-Mohammed, as a global terrorist by the UN, they argued, China is supporting terrorism against India. Citing China’s refusal to support the bid to have Azhar blacklisted by the UN, India inRead More →

ina would like to address the problems of economic and trade frictions with the United States in a cooperative way to promo te the conclusion of a deal accepted by both sides, President Xi Jinping said on Friday. Xi made the remark while meeting with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuch in in Beijing. The meeting came after the conclusion of two days of high-level economic and trade consultations. Xi added that certain principles are necessary for cooperation. Chinese and US consultation teams made important progress for the curre nt stage, and the two negotiating teams will meet again in WashingtonRead More →

cting the outlook of China-US bilateral relations, saying that the two economies became deeply integrated over the past 40 years despite some headwinds. “In the next four decades, China and the US can further promote mutual understanding while properly handling differences,” he said. January marked the 40th anniversary of the establishment of China-US diplo matic relations. Bilateral trade grew from less than $2.5 billion 40 years ago to more tha n $630 billion in 2018. Over the same period, two-way investment rose from practically nil to more than $240 billion. Chinese Ambassador to the US Cui Tiankai said at a recent event that China anRead More →

hina would like to address the problems of economic and trade frictions with the United States in a co operative way to promote the conclusion of a deal accepted by both sides, President Xi Jinping said on Friday. Xi made the remark while meeting with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mn uchin in Beijing. The meeting came after the conclusion of two days of high-level economic and trade consultations. Xi added that certain principles are necessary for cooperation. Chinese and US consultation teams made important progress for the current stage, a nd the two negotiating teams will meet again in WashingtonRead More →

nt bilateral relationships, and the two countries have wide common interests and shoulder im portant responsibilities in safeguarding world peace and promoting global prosperity. Maintaining the healthy and stable development of the China-US relationship is in line with the fundamen tal interests of the people of both countries, and it is also the common wish of the international community, Xi said. Xi mentioned his latest meeting with US President Donald Trump on the sidelines of the G20 Lead ers Summit in Argentina in December, saying that the two leaders reached important consensuses. The two countries should promote building stable, cooperative and coordinative China-US relations, XiRead More →

In welcome news, it seems that the latest talks between China and the United States, which concluded on Friday, have further na rrowed their differences and expanded their common ground on key trade and economic issues. The two sides entered the two days of high-level talks on Thursday amid a flurry of positive sig nals that progress was being made. And it seems that their candid discussions have continued to be rewarded. There has clearly been movement on a number of topics that have been the focus of their recent tra de rows. Speaking to President Xi Jinping after the talks wrapped up, US TradeRead More →

hs have helped both sides to better understand each other’s concerns and fostered greater mutual trust. That the feel-good atmosphere that has prevailed since the January discussions in Washington has been mai ntained by this round of talks was evident as the negotiations are to continue in the US capital next week. This welcome dev elopment was confirmed by Xi, who said he hoped the discussions would carry forward the positive momentum as i t conformed to the interests of both countries to strengthen their cooperation. Although it is probably too hasty to interpret from this that a deal is imminent given s ome ofRead More →

unty usually set up black tents at the foot of Mount Qomolangma, providing tourists accomodation as a means of earning money. Though ordinary visitors can’t go beyond the monastery, it won’t affect them from appreciating the mountain. “The new tent camp for ordinary tourists can still allow them to clearly see the 8,800-meter-plus mountain,” Kelsang said. Travelers who have a climbing permit can go to the base camp at an altitude of 5,200 meters. Kelsan g said the mountaineering activities have been approved by the regional forestry department. Decades after the epic climb to the world’s peak, Tibetans at the f oot of Mount QomolangmaRead More →

 China after Spring Festival. Before embarking on their next move in interest rate reform, however, policymakers need to assess dom estic macroeconomic conditions in order to reduce financing costs. It is more urgent to let the financial market determine the lending rate, Sun said. “We hope (policy fine-tuning) will not surprise the market when it is introduced,” Sun said. Communication with other countries is also needed before launching new policies or introdu cing creative monetary policy tools, and “the PBOC has good communication mechanisms with other c entral banks including the US Federal Reserve and the European Central Bank”, Sun said. Last year, the PBOCRead More →