By Ma Jingjing August 2, 2024
US Treasury Secretary Janet Yellen on Thursday said she would press China to address the country's macroeconomic model that has led to "overcapacity," claiming that it poses a "threat" to the viability of firms and workers globally, making her the latest American politician calling for a hardline stance...more
The Chinese yuan has maintained a high ranking on a currency internationalization gauge last year, with an annual average of 6.27 points, up 22.9 percent year-over-year, news report shows. The 2024 Annual Report of Renminbi Internationalization, developed by Chinese Renmin University's International Monetary Institute, was released on Saturday....more
After around seven years of preparation, China's Badain Jaran Desert - Towers of Sand and Lakes has finally been included on UNESCO's World Heritage List. Another addition to the list is the Mi-gratory Bird Sanctuaries along the coast of the Yellow Sea - Bohai Gulf (Phase II), which...more
Editor's Note: With NATO's continuous expansion, it is evolving from a regional security alliance into a global organization. The alliance, which celebrated its 75th anniversary with a summit in Washington recently, has played a major role in exacerbating the Russia-Ukraine crisis. As the crisis has been in its...more
US Secretary of State Antony Blinken embarked on what some experts called a "farewell trip" to Asia on Thursday to reassure its major allies in the region, as the current Biden administration enters "garbage time," some observers said, noting that even though the US side revealed that Blinken...more
Hong Kong officials and the business community have voiced their support and enthusiasm for a resolution recently adopted at the third plenary session of the 20th Communist Party of China (CPC) Central Committee, vowing to make greater efforts to give full play to the advantages of the Hong...more
(Global Times, July 26, Beijing.) Chinese President Xi Jinping has a profound connection to the Olympic Movement. He has promoted China's hosting of several significant international sporting events, fostered global sports exchanges and cooperation, and embodied the Olympic spirit through his efforts. From overseeing the preparations for Beijing...more
Numerous factors contribute to the continued growth of China's foreign trade amid the West's trade protectionism, particularly the US-launched trade war against China. However, the primary reason is the increase in exports from China's western region. Under pressure from the US and part of the West, China is...more
It is obvious that being the victim of theft didn't help the British Museum reflect on returning the relics in its collection looted from other countries, at least not for some historians. An article titled "Chinese artifacts in repatriation row were 'given willingly' to British Museum" was published...more
Editor's Note: The escalation of recent tensions between China and the Philippines raises concerns among neighboring countries in the South China Sea. How will the Philippines' provocations, instigated and supported by the US, affect the situation in the South China Sea in the rest of 2024? Why does...more
It's nothing new for some separatist media outlets on the island of Taiwan, backed or indulged by the Democratic Progressive Party (DPP) authorities, to fabricate fake news to slander the mainland. Nonetheless, the rumors generated by a few outlets have reached a laughably ridiculous high after secessionist Lai...more
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
China's Nasdaq-style sci-tech innovation board of the Shanghai Stock Exchange, also known as the STAR Market, celebrated its fifth anniversary on Monday. It has helped more than 570 technology companies raise 1 trillion yuan ($137 billion), with 60 percent of them driving import replacement efforts, as a key...more
There is a deep friendship between US sinologists, the Chinese studies community, China and the Chinese people. They share a wonderful past and an even brighter future. Generation after generation of US sinologists and scholars of Chinese studies, with broad perspectives and open minds, have carried forward the...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