Zhao Juecheng and Zhang Hongpei May 3, 2021
The application of China's Digital Currency Electronic Payment (DC/EP), also known as digital yuan, which has already been on a fast development track since last year, is taking another critical step forward with new scenarios in the business-to-business segment and wage payments. JD.com Inc, the country's second-largest online...more
Australia continues its attempt to stamp its presence on the Taiwan question. Australian Defense Minister Peter Dutton said on Sunday that a conflict with China over the island of Taiwan "should not be discounted," adding that Australia wants to continue being "a good neighbor in the region" that...more
It is acknowledged that the EU is not a stakeholder in the South China Sea issues nor a regional player for that matter. Yet it claims economic, political and strategic interests in the region and keeps pointing its finger at the territorial disputes from time to time. On...more
Approximately 90 percent of the young Chinese participating in the latest survey conducted by the Global Times Research Center believe China should not "look up to the West" anymore, with more people in the past five years even "looking down on the West" due to multiple reasons including...more
Chinese population experts predicted that China's annual births may fall below 10 million during the 14th Five-Year Plan period (2021-2025) and suggested that China should loosen its family planning policy as soon as possible, although the central government has not yet released the specific data from the seventh...more
A local court in Kashi, Northwest China's Xinjiang Uygur Autonomous Region, has accepted the case of a Xinjiang local textile enterprise suing the notorious anti-China German scholar Adrian Zenz for fabricating "forced labor" rumors against the enterprise, a local news website reported on Friday. Xinjiang Shache Xiongying Textile...more
Nicholas Burns, a career diplomat, is in the final stages of vetting to serve as US ambassador to China. Burns could be among the first batch of diplomatic nominees announced in the coming weeks, according to AXIOS on Friday. Burns is an ideal choice for the position of...more
The Boao Forum for Asia (BFA) kicked off in South China's Hainan Province on Sunday, at a critical time when much of the world remains under the shadow of the COVID-19 pandemic, while Asian economies led by China are seeing both robust recovery and rising external risks posed...more
If there is any change in China's diplomacy in the new era, the answer would be China has switched on equal diplomacy, Zhang Weiwei, director of the China Institute of Fudan University in Shanghai, said in a recent TV show. He further explained that equal diplomacy means China...more
The Wuhan Institute of Virology (WIV) isolated the first viral strain of the novel coronavirus and handed it over to the World Health Organization (WHO) as early as January 12, 2020, media reported. On the evening of December 29, 2019, doctors from Jinyintan Hospital received seven cases of...more
The latest mixed messages from US Secretary of State Antony Blinken concerning certain core issues such as Taiwan, Xinjiang and the coronavirus show that the Biden administration has been facing challenges in clearly defining its China policy, struggling to keep a hard-line stance to respond to domestic anti-China...more
Multiple branches of the Chinese People's Liberation Army (PLA) are continuing large-scale military exercises near the island of Taiwan, at a time when Taiwan secessionists insisted on making provocative statements and holding drills, and the US sent a warship through the Taiwan Straits on Wednesday and voiced support...more
With bilateral relations at a new crossroad, a message sent by Chinese State Councilor and Foreign Minister Wang Yi to his Japanese counterpart was a "timely reminder" for Tokyo to stop heading in the wrong direction and pull ties to the right track, Chinese observers said. China hopes...more
A view in New Delhi's strategic circle argues that China benefited greatly from its engagement with the US from 1972 to around the year 2000, and thus, India should learn from China to use the US chariot to achieve its own development. There is no problem at all...more
China is ready to strengthen exchanges and cooperation with other countries on poverty reduction, support international poverty reduction, and make a greater contribution to building a global community of shared future, free from poverty and blessed with common prosperity, according to a white paper on poverty reduction released...more