China' s annual exports of $100 billion worth of active pharmaceutical ingredients (API) to the US are encountering disruptions as the coronavirus assault continues, industry insiders said. The US Food and Drug Administration (FDA) issued a statement on Thursday, saying "a (US) manufacturer has alerted us to a...More

China is not facing a financial system crisis, despite mounting pressure from the coronavirus epidemic on the economy and global stock market routs, but further macro stabilizing measures, including more liquidity injections, might be necessary, analysts said on Sunday. Ominous signals have begun to suggest that the epidemic...More

As the coronavirus outbreak has caused serious disruptions to the business and production plans of manufacturers in China, great uncertainty now hangs over the country's manufacturing sector. The effectiveness of the efforts to curb the spread of 2019-nCoV will, to a large extent, determine when manufacturers can resume...More

Despite the optimism surrounding the expected signing of the phase one trade deal between China and the US, there has been growing skepticism over how far the deal could go to ease trade tensions between the world's two largest economies. While some US media outlets have raised questions...More

Overall, the US retained its strong, global economic lead in 2019. Despite this, its middle class - a pillar of the American Dream - is falling into near poverty, indicating the country is facing a crisis beneath its superficial boom. The number of Americans living in poverty fell...More

Chinese companies are definitely investing much more in India than they were a decade ago, but their hopes of replicating China's business success in India may be less certain. As of December 11, Chinese investment in India reached $8 billion, compared with less than $200 million a decade...More

President Joko Widodo started his second term in office after winning the recent presidential elections in Indonesia. In a speech after swearing the oath of office in Jakarta on October 20, Widodo proposed the Indonesia's 2045 vision, pledging to make the country one of the top five world...More

Diwali, the festival of lights, has just seen a sharp rise in sales of Chinese goods in India. From the festival-related Chinese products flooding Delhi's wholesale market to the 30 to 40 percent increase in Xiaomi's festival sales, there are signs everywhere indicating that Indians rely heavily on...More

China's National Bureau of Statistics (NBS) announced Monday that China's GDP was 90.03 trillion yuan ($13.26 trillion) in 2018, posting a 6.6 percent growth rate for the year. China's GDP has reached 90 trillion yuan for the first time, but 6.6 percent is the lowest annual growth rate...More

Dear people and service personnel of the People's Army across the country, Dear compatriots, Dear comrades and friends, Having seen out the year 2018, in which we adorned the history of the motherland, the revolution and the nation with meaningful events leaving another indelible imprint in the history,...More

Your Excellencies Heads of State and Government, Your Royal Highness, Your Excellencies Heads of International Organizations, Your Excellencies Heads of Delegations, Distinguished Guests, Ladies and Gentlemen, Friends, In May 2017, I announced China’s decision to hold the China International Import Expo (CIIE) starting from 2018. Today, after more...More

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, issued an assurance to private enterprise owners nationwide while presiding over a symposium on private enterprises Thursday. For a while, discussion about whether the non-public economy is in retreat has been rife in Chinese society....More

China will take more proactive measures to support the economy as it faces downward pressure, a meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee said on Wednesday. The Political Bureau of the CPC Central Committee held a meeting Wednesday to analyze the...More

Kathmandu — While the United States of America is increasing tariffs for the Chinese goods so as to make them expensive and less accessible to its citizens, China is planning to lower its corporate fees by more than 300 billion yuan (about $47.6 billion) annually to further boost...More