Left Review Online July 26, 2024
On Tuesday, Beijing became the focal point of global diplomacy. Representatives of 14 Palestinian factions signed the Beijing Declaration on Ending Division and Strengthening Palestinian National Unity, historically announcing the end of division and the strengthening of Palestinian unity. On the same day, Ukrainian Foreign Minister Dmytro Kuleba...more
After a period of confusing noise about China's "over-capacity," some Western media are slowly starting to return to reality. The Financial Times recently published an editorial titled "Chinese electric vehicles are more of an opportunity than a threat," stating that the US and Europe should welcome China to...more
Editor's Note: As the Chinese economy has faced various challenges in recent years, some Western officials and media pundits have stepped up their smear campaign against China. They cherry-pick information and distort facts to hype their narratives such as "Peak China," but they always turn a blind eye...more
China has demonstrated its determination to comprehensively deepen reforms, with policy stability and continuity a highlight, Chinese and foreign experts said on Monday, commenting on a resolution on further deepening reform comprehensively to advance Chinese modernization that was adopted at the just-concluded third plenary session of the 20th...more
The 20th Central Committee of the Communist Party of China (CPC) adopted a resolution on further deepening reform comprehensively to advance Chinese modernization at its third plenary session, drawing up a sweeping blueprint that will guide China's reform and opening-up for years to come, according to a communique...more
Despite the progress made in the internationalization of the Chinese yuan, it is crucial for China to maintain a clear perspective on the financial fluctuations and risks behind the de-dollarization hype. The Chinese yuan's share on Russia's foreign exchange market reached 99.6 percent in June, Bloomberg reported on...more
Despite challenges posed by Washington's increasing protectionism, China's shipbuilding industry has already established a strong foundation for sustainable growth. This suggests that, despite obstacles and competition, the growth momentum of Chinese manufacturing will not be fundamentally hindered. China CSSC Holdings Ltd's first-half net profit is expected to soar...more
China on Saturday lodged solemn representations with the US after President Joe Biden signed a Xizang-related bill into law on Friday local time, with multiple government authorities in China issuing statements firmly condemning the US. The Chinese Foreign Ministry said on Saturday that the so-called “Tibet bill” violated...more
The US Department of Homeland Security has put three more industries - aluminum, polyvinyl chloride (PVC) and seafood - in its crosshairs as it ramps up enforcement of the so-called Uyghur Forced Labor Prevention Act (UFLPA). This "infamous bill" enacted in 2021, and numerous actions stemming from it...more
China has proposed to the World Trade Organization (WTO) the establishment of an expert panel regarding a dispute over new-energy vehicle (NEV) subsidies and other measures under the US Inflation Reduction Act (IRA), as the US has failed to reach a solution through consultations with China, a spokesperson...more
China's GDP expanded 5 percent to reach 61.68 trillion yuan ($8.49 trillion) in the first half of 2024, data from the National Bureau of Statistics (NBS) showed on Monday, demonstrating the resilience and innate strength of the world's second-largest economy. In the second quarter, China's GDP grew by...more
The Asia-Pacifc-6E, or the APStar-6E, China's first all-electric propulsion communication satellite, has successfully passed in-orbit technology verification and ground station technology reviews in Hong Kong, which means the satellite has become fully operational after having successfully passed all in-orbit tests, according to spacecraft manufacturer China Great Wall Industry...more
(July 14). As the third plenary session of the 20th Communist Party of China (CPC) Central Committee will be convened on Monday, the world is watching how the pivotal gathering, also known as the third plenum, will identify priorities for comprehensively deepening reform, map out a blueprint for...more
The 20th Central Committee of the Communist Party of China (CPC) started its third plenary session in Beijing on Monday morning, where top Party officials will set the direction for China's further comprehensively deepening reform that will carry significant importance for China's economic and social development for years...more
Editor's Note: On June 17, Chinese President Xi Jinping visited the revolutionary site at Wangjiaping in Yan'an, Northwest China's Shaanxi Province. Xi has called Yan'an a shrine for the Chinese revolution, and said that strength should be drawn from the "Yan'an Spirit." Xi once published an article in...more