China, US seen to have good reasons to reach interim trade deal next week, but agreement far from assured
Negotiators from China and the United States will meet for the 13th round of high-level trade negotiations next week in Washington It is unclear whether either side is willing to make the concessions necessary for a deal, although impeachment proceedings against Donald Trump could play a role.
China is hosting lavish events to mark 70 years since the founding of the People's Republic of China (PRC). On 1 October 1949, Mao Zedong - or Chairman Mao - announced the formation of the PRC, after communist forces won a bloody civil war.
Modern China has since developed at an extraordinary pace, but it has also one of the world's most restrictive states. But the celebrations were overshadowed as thousands took to Hong Kong streets, with some violent clashes breaking out.
Police fired tear gas and made arrests as people blocked roads, as they protested against what they say is increasing control by Beijing over the territory's society and politics.
President Xi Jinping said "no force" could shake China as he oversaw a huge military parade in Tiananmen Square. "No force can ever stop the Chinese people and nation from marching forward," said the Chinese leader in a brief opening address.
China’s planned capital rules for banks’ wealth management units may provide a boost to both credit growth and the country’s stock market, according to JPMorgan Chase & Co.
PARIS - Chinese President Xi Jinping and his French counterpart, Emmanuel Macron, on Monday agreed to carry forward the high-level ties between the two countries and forge a more solid, stable and vibrant China-France comprehensive strategic partnership on a new starting point in history.
China and the United States started a new round of high-level economic and trade consultations in Beijing on Thursday morning.
Chinese Vice President Wang Qishan here on Wednesday called on countries to work together to shape the global architecture in the age of the fourth industrial revolution with the vision to create a better future for all mankind.
Jack Ma, co-founder and chairman of Chinese e-commerce behemoth Alibaba, said he wants to reform globalization by bringing e-commerce to everyone in the developing world. Ma made the remarks during a panel discussion with Rwandan President Paul Kagame at a session called Digitalizing Emerging Markets at the World Economic Forum in Davos, Switzerland, on Wednesday.
Revenues and profits at China’s state-owned enterprises hit historic highs last year, even as the country’s private firms fought for their survival amid the slowest period for economic growth in a decade.
China will further cooperation with northern European countries on developing a green urbanization market in China, aiming to strengthen international coordination and establish green and sustainable development partnerships according to officials from both sides.
US, China can expect ‘frank’ discussion, including South China Sea and human rights: ambassador Terry Branstad
Secretary of State Mike Pompeo and Defence Secretary James Mattis will host China Politburo member Yang Jiechi and Defence Minister Wei Fenghe on Friday. Diplomatic and security focus, but trade war likely to feature too ahead of planned meeting of presidents Donald Trump and Xi Jinping at G20.
In the next five years, China's cumulative service imports are expected to exceed $2.5 trillion, which would contribute over 20 percent to the growth of global service imports, according to a report.
On October 17th, the opening ceremony of Hungarian contemporary art was held at the Chongqing Art Museum. The exhibition will last until November 4th and it is free to the public.
Shanghai, Beijing and Shenzhen safely secured their top three spots as financial centers in China, while the country's major centers saw their competitiveness enhanced, according to the 10th edition of the China Financial Center Index released by the China Development Institute, a think tank based in Shenzhen, Guangdong province.