At the recent Asian-African Summit held in Indonesia, Indonesian President Joko Widodo said that those who still insisted that only the World Bank, the International Monetary Fund and the Asian Development Bank can solve global...
G. Bin Zhao calls on Beijing to accept the pope’s offer of friendship and open China’s doors to the Catholic Church, as well as revive its own faith traditions, to stem society’s moral degeneration Recently,...
A recent Financial Times commentary titled “China: Turning Away From the Dollar” has led to many heated discussions. It is interesting that the Chinese edition of the paper translated the title as “China Will Rewire Global Finance”,...
American political risk expert Ian Bremmer recently wrote that the US and Europe had been evasive on the Russian aggression in Ukraine. Although Nato recently held a summit to address the emergency, support for Ukraine...
Recently China’s largest online direct sales company Jingdong, or jd.com (JD), successfully launched its initial public offering and raised $1.8 billion on the Nasdaq. Very soon, its domestic rival, Alibaba (ABABA), the largest e-commerce company in China, as well...
Direct conversion between the yuan and the yen, which began about two years ago, has been an important milestone in the process of internationalising the Chinese currency. Although there has been a lot of progress...
G. Bin Zhao says China’s crackdown on corruption will be a long, hard battle but it must be fought openly and with integrity to avoid social and political turmoil and damage to the economy These...
The world couldn’t hide its disappointment when China’s first-quarter GDP growth dropped to 7.7 per cent, slightly lower than market expectations. Unfortunately, this might just be the start; worse news could be just around the...
