China stresses keeping prudent monetary policy more flexible, appropriate: Xinhuanet
September 3, 2020
The State Council, China's cabinet, on Wednesday stressed efforts to pursue a prudent monetary policy in a more flexible and appropriate way in order to promote steady economic and financial operation.It emphasized the need to maintain policy strength and sustainability, refrain from resorting to a deluge of strong stimulus policies, and channel funds into the real economy, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang. Click here to read...
FTZs sustain foreign trade: China Daily
September 3, 2020
China's key free trade zones saw robust growth in foreign investment and trade during the first seven months of the year despite mounting downside pressures and a sluggish global economy due to the COVID-19 epidemic, the Ministry of Commerce said on Wednesday. Click here to read...
US extends tariff relief on some Chinese goods: China Daily
September 3, 2020
The United States Trade Representative's office said on Wednesday that it has extended tariff exclusions on a wide range of Chinese goods, including smart watches, medical masks and some medical equipment, till the end of this year. Click here to read...
The barbarians aren’t Chinese’: Australia’s foreign relations bill faces local backlash: South China Morning Post
September 3, 2020
When the Australian state of Victoria signed up to participate in China’s Belt and Road Initiative in October 2018, state premier Daniel Andrews promised “more trade and more Victorian jobs and an even stronger relationship with China” Click here to read...
China and US: Judge for yourself who is wrong or right: People’s Daily
September 2, 2020
It is absolutely right for President Donald Trump to say, “AMERICA FIRST.” No one has any objection. He is the American President, and he should make American interests his priority. This is natural, and all international leaders should follow suit. It is equally right for the French President to say, “FRANCE FIRST,” or the Italian Prime Minister to say, “ITALY FIRST,” or the Russian President to say, “Russia FIRST.” Click here to read...
Indian economy can’t back costly border tensions: Global Times
September 2, 2020
India's economy is sinking, but it is perplexing that the Modi government appears more interested in drilling more holes in its economic ship instead of fixing it. As the coronavirus pandemic has had devastating impacts on the country's business activities, India's GDP plunged 23.9 percent in the three months to the end of June, marking its worst plunge since India started compiling quarterly GDP data in 1996. And with the world's third-highest number of coronavirus death toll, India is still far from bringing the virus under control. Click here to read...
Economic meltdown, border tensions pummel India's Modi: Global Times
September 2, 2020
India's economy tanked from April to June by a whopping 23.9 percent, recording the steepest contraction among the world's G20 countries, reflecting years of uneven development and the country's fragile economic structure that melted down instantly under the impact of the COVID-19 onslaught. Click here to read...
Indian troops first to cross LAC; blame for border issues lies with New Delhi: Global Times
September 2, 2020
India's habitual boasts about its military strength, fabrication of victories and cover-ups of its provocations in recent border clashes with Chinese troops, which arise from its domestic need to divert public attention from its government's failure to improve the economy and contain COVID-19, make the whole world question its sincerity in maintaining the stability of the border area, Chinese analysts said. Click here to read...
India Bans 118 Chinese Apps as Indian Soldier Is Killed on Disputed Border: The New York Times
September 2, 2020
India banned more Chinese phone apps on Wednesday as tensions continue to escalate along its disputed border with China, with one Indian soldier reportedly killed earlier this week by a Chinese land mine. Click here to read...
