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Globalization is evolving, and multinationals in China must adapt - February 20, 2023
The past 30 years have been a time of rapid globalization, an era in which multinational companies (MNCs) tapped global capital, built businesses optimized for global supply and demand, and served customers worldwide. Possibly the most remarkable story of that phenomenal era was China's economic transformation — a transformation in which MNCs played an integral part. Real GDP in China grew by almost 10 percent per year between 1990 and 2019, representing more than a quarter of the world's GDP growth, as the country opened its economy, played an increasingly important role in manufacturing, moved into many other industries and saw its consumer base expand. MNCs flocked to China during the period, accounting for more than half of the country's exports at one point and helping bring best practices to China from around the world.
China, Iran 'old friends' exploring new cooperation - February 16, 2023
Iranian President Ebrahim Raisi's visit to China from Tuesday to Thursday shows Beijing and Teheran are committed to deepening political and economic cooperation in the new era. Since Iran has stressed the importance of its "Look East" policy in its pursuit of a more balanced foreign policy, Asian countries including China have become more important for Iran's diplomacy.
Caring for dementia caregivers - February 15, 2023
According to China's seventh national census, the country is witnessing an accelerated process of population aging. As of Nov 1, 2020, those aged 60 years and above numbered 264 million, up 86 million from 2010 to account for 18.7 percent of the total population. China's working age population fell by 45 million in the 10 years leading to 2020, with its share of total population falling from 70.14 percent to 63.35 percent.
Guest Opinion: How Chinese EVs' entry a boon for Japanese auto market - February 13, 2023
Chinese electric vehicles (EVs)'s entry into the Japanese market will benefit Japan by boosting the development and transformation of its domestic auto industry.
Experts discuss WHO's recent COVID-related statement - February 09, 2023
Talking about the COVID-19 pandemic, one sad but undeniable fact is that it will co-exist with us humans for the long-term, like the flu. That requires society to make seasonal arrangements to protect vulnerable groups, like vaccinating the seniors who have a weak immune system and the medical staff who have higher risks of being exposed to the virus for example, so as to prevent the worse from happening.
China's economic 'restart' expected to lead the world economy to recovery - February 08, 2023
China's economy and capital markets got off to a bright start in 2023 with Spring Festival picking up consumption, stock markets rising, the Chinese currency exchange rate appreciating and market sentiment improving. Looking forward to the whole year, with the gradual recovery of various foreign exchanges, China's economy is expected to recover to a growth rate of about 5 percent, adding impetus to the world economic recovery.
China contributed to global economic stability amid the pandemic -- and what comes next - February 07, 2023
Three years into a devastating COVID pandemic, China continues to anchor the global economy and provide much-needed stability.
Regional FTAs, shrinking negative lists bode well for trade activity - February 06, 2023
Since entering into force at the start of last year, the Regional Comprehensive Economic Partnership agreement, which spans 15 economies in the Asia-Pacific region, has been accelerating regional economic integration on multiple fronts including spurring trade and investment growth along with stabilizing regional industrial and supply chains.
Time to prick 'spy balloon' trick - February 05, 2023
On Friday Fox News said that a suspected Chinese spy balloon was hovering "over Montana", where there are "sensitive US ballistic missile assets".
Glimpses into the Chinese path to modernization - February 02, 2023
In 1933, a Shanghai-based monthly journal published a special issue on "China's modernization" in which some scholars discussed the path to China's modernization. While a few advocated "total Westernization", others argued that China embrace Soviet socialism on the road to realizing modernization. The scholars couldn't reach a consensus, though, as China was nowhere near achieving modernization at the time.
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