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Trade on track - April 10, 2023
There is a well-known Chinese saying declaring that "if you want to prosper, you must first build a road". Who can oppose such a principle of common sense, particularly when reality shows a practical change?
Expert: Ma's trip will help promote cross-Straits understanding - April 09, 2023
Ma Ying-jeou, former chairman of the Chinese Kuomintang party, concluded his visit to the Chinese mainland on Friday, which experts said has shed light on the common culture and history shared by the two sides of the Taiwan Straits, brought people from both sides closer and encouraged more from Taiwan to trace their origins on the mainland.
Dedollarization gathers steam - April 06, 2023
In recent years, the global trend of "dedollarization" has become increasingly prominent, as a way to break the hegemony of the US dollar and respond to the US sanctions.
Experts' take on Taiwan question - April 03, 2023
The transit of Tsai Ing-wen, leader of Taiwan island, through the United States en route to Guatemala and Belize, is nothing but a selfish and reckless political gamble. Such an arrangement between the US and the Taiwan authorities poses a severe challenge to the one-China principle inscribed in the three Sino-US communiques.
China, ROK, Japan should boost global development - April 02, 2023
Since the outbreak of COVID-19 in 2020, the international community has encountered at least four crises: a human crisis because of the COVID-19 pandemic, an international security crisis following the Russia-Ukraine conflict, a global order crisis due to the US-China competition, and a global economic crisis because of rising protectionism and unilateralism in many countries.
Economic growth: whence it came, where it is going - March 29, 2023
The recent history of economic growth can be divided into two phases: before and after the 2008 global financial crisis. Prior to 2008, the global economy experienced a period of sustained growth, a Goldilocks period including here in China but also in other developing countries and in the developed world.
Cold War mentality disrupts regional peace - March 23, 2023
Last week, the AUKUS security pact based on the cooperation project in the building nuclear submarines by the US, UK and Australia against China announced the purchase of three nuclear submarines to Australia. By the early 2030s, Australia will purchase three US-built Virginia-class submarines, making it the second country, after the UK, to receive the US nuclear submarine technology.
Preventing local governments' hidden debt risks - March 22, 2023
Finance is the foundation of governance, while fiscal reform is necessary to facilitate overall reform and implementation of policies. There is need therefore to reform a tax-sharing system introduced in 1994 which established a hierarchical fiscal system to ensure local governments earn enough revenue in order to improve governance and better serve the people.
Is PH sleepwalking into economic and geopolitical minefield? - March 21, 2023
Amid the worst global volatility since 1945, the Philippines may be aligning its future with secular erosion, political divisions, militarization and nuclear risks.
Security initiative works in Middle East - March 16, 2023
The Global Security Initiative proposed by President Xi Jinping demonstrates China's sense of responsibility to safeguard global security by eliminating the root causes of international conflicts, improve global security governance, encourage joint international efforts to bring more stability and certainty to a volatile and changing era, and promote durable peace and development in the world.
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