Left Review Online August 31, 2024
The yuan is accounting for a growing share of international payments. This mirrors a steady progress in the yuan's internationalization, which helps diversify payment options, and gives the market more scope to adjust against the risk of dollar fluctuations, at a time when investors continue to firm up...more
China will further promote regional economic integration and accelerate negotiations on version 3.0 of the China-ASEAN free trade agreement (FTA), Chinese Ministry of Commerce spokesperson He Yadong was quoted by the Securities Daily as saying on Saturday. This sends a positive signal that Asian supply chain restructuring is...more
Shanghai-based Advanced Micro-Fabrication Equipment Inc. China (AMEC) announced that it has recently filed a federal lawsuit against the US Defense Department over its designation as a "Chinese Military Company." Another Chinese tech firm, Hesai Technology, reportedly succeeded in "forcing" the Pentagon to remove it from the blacklist through...more
Investing in China is investing in the future, Chinese Vice Commerce Minister Ling Ji said on Monday, noting that China will continuously improve its business environment, promote high-quality opening-up and expand cooperation for win-win outcomes so that the world can share the Chinese market and China's development dividends....more
A lightning bolt came from the US Bureau of Labor Statistics, which announced on August 21 that the total amount of new jobs created in the 12-month period from March 2023 had been overreported. The bureau stated that an estimated 818,000 announced new jobs in fact had not...more
With a newly discovered method to produce water on the moon, it is estimated that 50 kilograms of water can be extracted from one ton of lunar soil. Chinese scientists said it is expected to provide new ideas to the construction of lunar research stations and space stations...more
The US may be on the brink of cutting interest rates, but the bigger challenges facing the US economy are only just beginning. The high-tech industry in the US has not fully shown its positive impact on the manufacturing sector, thereby constraining the overall growth potential of the...more
The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Friday to review policies and measures to open up a new vista in the large-scale development of the western region. Xi Jinping, general secretary of the CPC Central Committee, chaired the meeting....more
Editor's Note: Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, Chinese president, and chairman of the Central Military Commission, stressed that the environment concerns the well-being of people in all countries. During his many inspections, Xi has always emphasized the importance of ecosystems,...more
This past week, the legendary Monkey King, Sun Wukong, has re-emerged from ancient scrolls, enchanting the world with his timeless adventures. As Black Myth: Wukong takes the gaming world by storm, conversations are shifting beyond the gameplay to uncover the rich cultural treasures woven into its fabric -...more
Former Harvard professor Charles Lieber, who was previously convicted for not disclosing ties to a Chinese institute-run science program, told the Global Times that he is exploring opportunities at several institutions, including those in Hong Kong and the Chinese mainland. Observers noted, on Sunday, that the US' suppression...more
In recent years, an unsettling trend has emerged in the US: Lawmakers seem more preoccupied with crafting proposals, legislation and bills aimed at countering China than addressing the pressing issues facing their own constituents. This phenomenon is not only evident but increasingly alarming. It underscores a troubling reality...more
Editor's Note: Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, Chinese president, and chairman of the Central Military Commission, stressed that the environment concerns the well-being of people in all countries. During his many inspections, Xi has always emphasized the importance of ecosystems,...more
Editor's Note: Chinese President Xi Jinping highly values efforts to preserve cultural and natural treasures and renew their glamour in the new era. Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, has called for further efforts in...more
Editor's Note: "Cognitive Warfare" has become a new form of confrontation between states, and a new security threat. With new technological means, it sets agendas and spreads disinformation, to change people's perceptions and thus alter their self-identity. Launching cognitive warfare against China is an important means for Western...more