Yu Lei September 10, 2020
After months of reckless attempts to smear China amid the deadly COVID-19 pandemic, Australia witnessed its first recession in nearly 30 years. Its farm sector, with a large population, has seen confidence continue to slide as the pandemic spreads and international market concerns grow. The mounting discontent among...more
The People's Bank of China (PBC), the central bank, is preparing for a digital currency, with various tests proceeding in different regions of China as the country develops more digital currency applications. Sun Guofeng, an official with the PBC, said Tuesday at a regular press conference that the...more
India's overconfidence in its economic strength and its many challenges against Chinese enterprises will hurt itself more in the longer term amid bilateral tensions and the ongoing COVID-19 pandemic, analysts warned, adding that a tit-for-tat tariff war was unlikely. Such comments came after a report by the Hindustan...more
The phone call made on Tuesday by chief trade talk negotiators from China and the US and the ensuing announcements showed that there is still enough will from the two sides to implement the phase one trade deal, despite doubts that the deal might be on shaky ground...more
The 3rd China-LAC Foreign Ministers Forum is not due until January of 2021. But in July, Chinese State Councilor and Foreign Minister Wang Yi co-hosted with Mexican Foreign Secretary Marcelo Ebrard, the pro tempore chair of the Community of Latin American and Caribbean States (CELAC), a teleconference with...more
Jiaqu could barely speak any Putonghua, the standard Chinese national language, but he was eager to share with the Global Times reporter his excitement and gratitude for moving to his current home. "I never dreamed that I would one day live in such a nice home," Jiaqu said...more
"If you meet any problems, go find Party members." This is a common saying in Duoerge village in Nagqu, Southwest China's Tibet Autonomous Region. In the arduous fight against poverty, Party members in the village are mobilized to play the leading role and they showed the spirits of...more
Beijing. Retaliation measures enforced by the Chinese government in response to US provocations are overwhelmingly supported by the public, and increasingly more Chinese people disfavor the US amid the recent spate of unprecedented tensions since the two countries established diplomatic ties in the late 1970s, a survey showed...more
Havana, Aug 13. Cuba and the United Nations System (UNS) signed Thursday the United Nations Framework for Cooperation for Sustainable Development, which will guide the support of the different agencies, funds and programs over the next four years. Rodrigo Malmierca, head of the Foreign Trade and Foreign Investment...more
US President Donald Trump's latest move to force China-based ByteDance to sell its video-sharing app TikTok to a US company and pay the US government a share of the transaction has been derided by many in China - experts and ordinary citizens alike - as "naked robbery" using...more
The plan to force TikTok US business to be divested could be a ruse for the US government and tech giants including Facebook to take down the short video platform and allow Facebook to fill the void, industry insiders told the Global Times Tuesday. US President Donald Trump...more
With the highest number of confirmed COVID-19 infections in the world, the US is unlikely to see the V-shaped economic revival which the Trump administration is eager to achieve, as the 100-day countdown to the November 3 presidential election draws near. Even before the onset of the pandemic,...more
Whether or not US-listed Chinese companies should return to Chinese stock markets now seems to be an issue of concern as the bilateral tensions elevate, and risks keep accumulating in the US financial system. A homecoming trend led by Chinese tech giants is set to accelerate. The US...more
China's small and medium-sized enterprises (SMEs) are bouncing back from the coronavirus, according to a survey Standard Chartered sent to the Global Times on Tuesday. The survey of hundreds of SMEs across China suggests that SMEs' business activity continued to improve in July despite severe flooding in central...more
Chinese President Xi Jinping chaired a meeting with entrepreneurs in the country on Tuesday, urging efforts to stimulate the vitality of market entities, promoting entrepreneurship, and of "doing everything possible" to protect market players under unprecedented pressure caused by the pandemic. According to a report from CCTV, Xi...more