Wednesday, October 17, 2018

Turmoil in Hong Kong, Terrorism in Xinjiang: America’s Covert War on China

China is facing increasing pressure along two fronts. In its western province of Xinjiang, terrorists have been stepping up destabilization and separatist activities. In China’s southeast Special Administrative Region of Hong Kong, protests have disrupted normality in the dense urban streets, with protest leaders seeking to directly confront Beijing while...

Why the US Is Trying to Squash China’s New Asian Infrastructure Investment Bank

The U.S. has been lobbying Asian nations to persuade them to reject China’s Asian Infrastructure Investment Bank. The U.S. has been working behind the scenes to kill a Chinese proposal for a regional infrastructure bank in Asia, according to the New York Times. As The Diplomat has reported in the past,...

China Aims For Official Gold Reserves At 8500t

China should accumulate 8,500 tonnes in official gold reserves, more than the US, according to Song Xin, President of the China Gold Association, General Manager of the China National Gold Group Corporation and Party Secretary. He wrote this in an opinion editorial published on Sina Finance July 30, 2014. Gold is...

Chinese Commodity Crash Continues, But Pigs Are Flying

When it comes to keeping track of China's economy, one can listen, and ignore, the official goalseeked and made-up-on-the-fly data released by the government, or one can simply observe the price dynamics of the all-important Chinese commodities sector (because with fixed investment accounting for well over 50% of GDP,...

Washington’s Nightmare Comes True: The Russian-Chinese Strategic Partnership Goes Global

The Russian-Chinese strategic partnership (RCSP), indoctrinated in 1996, is Eurasia’s geopolitical anchor in the 21st century, shaping its evolution and entrance into the Multipolar World. No other political relationship between the two continents’ actors even comes close, with the RCSP’s only formidable rival being the US via its privileged...

Can Regional Connectivity Promote Development Along the New Silk Road?

1000 and 2000 years ago countries along the Silk Road prospered enormously from the trade that passed through on its way between China, Europe and North Africa. Today, however, trade along this historic route has largely dried up as important countries including India, Pakistan and Afghanistan, have many barriers...

Germany Gets 80 Billion-Yuan Investor Quota for China

China awarded Germany a quota of 80 billion yuan ($12.9 billion) that will allow domestic investors to buy securities in China under the Renminbi Qualified Foreign Institutional Investor program. The quota was announced during a visit by Chancellor Angela Merkel to China to meet Premier Li Keqiang and President Xi...

The Renminbi is the second most used currency for cross border payments with China...

SWIFT’s RMB Tracker shows that the RMB is now the second most used currency for cross border payments with China and Hong Kong. In May 2014, 12% of cross border payments with China and Hong Kong were done using the RMB, up 36% from one year ago. The US...

This Map Shows Why The South China Sea Could Lead To The Next World...

The South China Sea is a powder keg of territorial claims mixed with oil and gas resources. Almost every country in the area has a longstanding animus toward at least one of its neighbors. China claims 90% of the Sea, and Beijing is viewed with fear and suspicion throughout the region. The...

China’s Great Wall Motor to Invest in Russia Plant

SHANGHAI—Chinese auto maker Great Wall Motor Co. is planning to build a car factory in Russia even as the auto maker faces setbacks building its brand at home and abroad. In a statement to the Hong Kong exchange Monday, the company said it planned to invest an initial 2.1 billion...

China’s Oil Future

Robust industrial growth and increasing domestic living standards have left China with a nearly insatiable thirst for energy. And oil is playing an integral part in meeting that demand. Although coal remains the chief source of energy, oil fuels China’s transportation, plays a crucial role in industry, and is a...

International railway promises to revive Silk Road

New town and launch of regular trains to boost modernized trading routes between East and West, Tan Yingzi reports from Chongqing Legend has it that Chinese emperor Han Wu Di (156-87 BC) once looked to the lands west of his vast empire and proclaimed them full of people who placed...

ICBC Agrees to Buy Control of Standard Bank Trading Unit

Industrial & Commercial Bank of China Ltd., the world’s most profitable lender, agreed to buy control of Standard Bank Group Ltd.’s markets unit to expand in trading spanning commodities and interest rates to currencies. Standard Bank, based in Johannesburg, sold 60 percent of the London-based business to ICBC for about...

China’s investment/GDP ratio soars to a totally unsustainable 54.4%. Be afraid.

“Once upon a time, Western opinion leaders found themselves both impressed and frightened by the extraordinary growth rates achieved by a set of Eastern economies. Although those economies were still substantially poorer and smaller than those of the West, the speed with which they had transformed themselves from peasant...

China’s Air-Sea Battle Plan for the South China Sea

A PLA researcher says AEW&C and the J-16 will help China achieve sea & air control over the South China Sea. In an interview with state media last week, Senior Colonel Du Wenlong was asked what China’s “trump card” was for establishing sea and air control over the South China Sea....

The new masters and commanders

China's growing empire of ports abroad is mainly about trade, not aggression. FROM the ground, Colombo’s port does not look like much. Those entering it are greeted by wire fences, walls dating back to colonial times and security posts. For mariners leaving the port after lonely nights on the high...

China and Kazakhstan open new second rail link – renaissance of ancient Silk Road...

China and Kazakhstan have established new second cross-border rail link - important implication for business, commerce, economic development, tourism and business travel between China, Kazakhstan, Central Asia and Europe. New rail link at Korgas Pass China and Kazakhstan opened a new second cross-border rail link at Korgas Pass, Khorgos a few...

The Silk Railroad of China-Europe Trade

Companies deep in China lean on railroads to ship to Europe. Multinationals operating in China have been setting up factories deep in the interior in search of affordable labor. The drawback: These plants can be more than a thousand kilometers (621 miles) from the coast. For companies exporting to Europe—still...

The dragon’s new teeth

At a meeting of South-East Asian nations in 2010, China's foreign minister Yang Jiechi, facing a barrage of complaints about his country's behaviour in the region, blurted out the sort of thing polite leaders usually prefer to leave unsaid. “China is a big country,” he pointed out, “and other...

Zhou Xiaochuan: Reform the International Monetary System

The outbreak of the current crisis and its spillover in the world have confronted us with a long-existing but still unanswered question,i.e., what kind of international reserve currency do we need to secure global financial stability and facilitate world economic growth, which was one of the purposes for establishing...

Article Filter Options