After a half-month visit to China, a team from the IM

led by Asia and Pacific Department Deputy Director Kenneth Kang, summarized that “China can play an impor tant role and would benefit from further opening up and other structural reforms that enhance competition.” The previously issued policy is sufficient to stabilize growth by 2020, despite the rec ent US tariff hike, according to the fund’s report. “No additional policy easing […]

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Health Service, Woody Johnson, US ambassador to th

o the UK, said: “I think probably the entire economy, in a trade deal all things that are traded will be on the table.” On Wednesday, Trump will attend commemorative events for the 75th annivers ary of the D-Day landings in Normandy in northern France, one of the pivotal events of World War II. The queen presented him with a […]

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I must stress that Taiwan is an inseparable part of Chin

na, and the one-China principle is the foundation of China-US relations and an international consensus,” Shao said. “The US side has conducted a series of negative rhetoric and actions regarding the Taiwan questi on, violated the one-China principle and the three China-US joint communiques,” he said. “This has undermined China’s sovereignty and security, sent a seriously wrong message to Taiwan […]

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hina to remain steadfast protecting national security

First, China has undisputable sovereignty over islands and their surrounding waters in the South China Sea, backed by a wealth of historical and legal basis,” Shao said. For a long period of time, various nations’ normal passage and flight in the region have never been obstructed. “There i s no issue over the freedom of navigation and overflight in the […]

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Foreign investors’ access to onshore stock index futures

“Moreover, as foreign investors’ trading helps boost liquidity in the domestic market and makes the price changes mor e consistent with international trends, domestic market participants can also better hedge against risks,” he said. Experts also expect China to open up the stock index futures mark et to foreign investors, as they have large exposure in t he A-share market […]

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The spike in trade tensions has already rattled financial

markets. The yuan has weakened by 2 percent to its lowest level since January. “We expect stock markets and the yuan to remain under pressure in the near term, though they c ould be supported by an expected stabilization in the domestic economy later this year,” Wu said. Sheng Songcheng, the former director of the Survey and Statistics Department in […]

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He said through the SAR government’s efforts and a ratio

onal discussion among the people of Hong Kong, the city will eventually reach a consensus and any doubts over the issue will be dispelled. Han, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Comm ittee, hoped that all sectors in Hong Kong will work together to safeguard the image of […]

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n macroeconomic terms, the China-US trade dispute ha

as added huge uncertainties to the US economy and raised the likelihood of recession. Which could thwart the US president’s chances of being re-elected in 2020. And the trade dispute could pre vent the US from taking the measures it intends to in order to consolidate its national power. As for China, the significant deviation in the US’ stances and […]

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the WTO is for the benefit of the public, not a tool for par

embers. If its members cannot reform the architecture and resolve the key issues, they may all end up in various regional groups. “Many bilateral tensions or challenges countries are facing today requir e a multilateral response, and WTO reform is definitely needed, especially in the area s of trade and investment,” said Xue Rongjiu, deputy director of the Beijing-based China […]

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Australia and Canada remain the third and fourth most p

popular destinations for overseas study, accounting for 18 percent and 1 6 percent respectively, followed by Hong Kong, Germany and Japan, the report found. The report was based on a survey conducted by Vision Overseas Consulting Co, a subsidiary of New Oriental Education and Technolo gy Group and Kantar Millward Brown in January and February. The survey covered 6,228 students […]

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