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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.
Guest Opinion: China's modernization and economic development an inspiration for Global South - March 12, 2023
After its opening up in the 1970s, China's rapid growth into the second largest economy in the world, with growing global economic and political influence today, makes China not only one of the most influential countries in today's international politics and economics but an inspiration to the developing world.
China's rebound will be positive for world economy, offset Fed risks - March 08, 2023
When Chinese policymakers began preparing for the re-opening, many international observers warned it would unleash inflationary headwinds. This was their assumption: As the world's biggest factory and the second-largest economy re-opens for business after three years of COVID-19 pandemic restrictions, it will have to cope with a surge in demand. That, in turn, would trigger global inflationary pressures as in the United States and the European Union, which have been struggling with elevated inflation since their re-opening.
China's economy resilient with potential and vitality - March 07, 2023
The annual session of the National People's Congress, which started on Sunday, has reaffirmed Chinese policymakers' pro-growth stance set at the Central Economic Work Conference in December. In light of China's disappointing economic performance due to the strict COVID-19 restrictions, the CEWC had called for an "overall improvement" of the economy, starting with making efforts to improve expectations and boost confidence. In this context, we (at Standard Chartered Bank) had expected the government to set reasonable as well as ambitious economic targets to stabilize market expectations.
Go with the flow - March 06, 2023
Excessive population concentration in large cities and the one-way flow of people from rural to urban areas contribute to uneven development, and hinder the high-quality and coordinated development of regions.
Interview: Confidence level of foreign companies in China increasing -- Deloitte China chair - March 05, 2023
As China continues to further open up for foreign investment, Deloitte, an internationally renowned accounting firm, has very positive prospects for the Chinese economy in 2023, said Deloitte China Chair Jiang Ying in a recent interview with Xinhua.
Ten perspectives to understand Chinese modernization - March 05, 2023
Chinese modernization has spurred discussions at home and abroad since the 20th National Congress of the Communist Party of China (CPC).
The year of living dangerously- Global economic prospects at a turning point - March 02, 2023
The year 2023 represents a turning point. If economic realities guide global prospects, it will be a positive turnaround. If geopolitics will continue to penalize economic prospects, a negative inflection point is more likely.
Shanghai 2023: Seeking new opportunities for development - February 27, 2023
Last year, Shanghai experienced negative economic growth for the first time since the reform and opening up began, but this has not hurt its vitality. The government’s financial resources are now more balanced, and market entities are protected from the fallout. This gives us strength and confidence. More importantly, we have clearly seen where the problem lies and worked out how to move forward better.
Prolonged crisis only benefits Washington - February 26, 2023
It comes as no surprise at all that on the first anniversary of the Russia-Ukraine military conflict, some Western media outlets and politicians are blaming China for failing to persuade Russia to end the conflict. On Thursday, US Secretary of State Antony Blinken reiterated his contention that Beijing was toying with the idea of providing military support to Russia, which is nothing but a malicious lie.
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