BRI genuinely brings shared benefits to China, Africa
Narratives such as ‘debt trap’ have no market among locals This year marks the 10th anniversary of the proposal of the Belt and Road Initiative (BRI). Over the past decade,…
Dutch export controls come into effect; following Washington ‘will only lead to backlash’ as China’s tech progress continues despite US sanctions: observer
The Netherlands' export controls on cutting-edge chipmaking tools officially take effect on Friday, a move that coincides with US Commerce Secretary Gina Raimondo's "productive" China visit, while Chinese netizens are…
S.Korea should not ‘take China’s goodwill as concession,’ analyst warns after foreign ministers’ phone call
China has maintained continuity and stability in its policy toward South Korea, but a Chinese observer warned on Friday that the country should not interpret China's goodwill gestures as a…
China cuts down payments, mortgage rates, aiming to further boost sector’s sustainable development
China's top financial regulators on Thursday issued a notice to lower down payments for both first- and second-time homebuyers, while further cutting interest rates on existing mortgages, aiming to better…
China’s central bank to cut forex reserve requirement ratio by 2 percentage points
China's central bank on Friday said it will cut the foreign exchange reserve requirement ratio for financial institutions by 2 percentage points from September 15. The reserve requirement ratio will…
Why the US and West are so keen to act as ‘victims’
While on a visit to the Fukushima region on Thursday, US Ambassador to Japan Rahm Emanuel said that he expected the US to support Japan should China's ban on Japanese…
Chinese firms help bridge African economic artery, enhance devt capacity under BRI, defying ‘debt trap’ smear
One is the largest developing country, and the other is the continent home to the largest number of developing countries. China and Africa are tens of thousands of miles apart…
Typhoon Saola weakens after landfall in China; Shenzhen resumes transportation, business
Typhoon Saola has weakened after landing the second time in Yangjiang, South China's Guangdong Province on Saturday noon, bringing strong winds and downpours. Saola made the first landfall at midnight…
China, Benin build strategic partnership
Bilateral cooperation under BRI would help boost African countries’ devt Chinese President Xi Jinping and visiting Beninese President Patrice Athanase Guillaume Talon jointly announced the establishment of a strategic partnership…
Xi leads China’s services sector opening up, cooperation to drive global recovery
Chinese President Xi Jinping addressed the Global Trade in Services Summit of the 2023 China International Fair for Trade in Services (CIFTIS) via video on Saturday morning, taking the world's…