China further opens up financial market with 10 foreign firms approved for underwriting

China’s National Association of Financial Market Institutional Investors (NAFMII) said on Tuesday that 10 more foreign-funded institutions have been approved as lead underwriters or underwriters of debt financing instruments for non-financial enterprises, in a major step for financial opening.  Also on Tuesday, the Shanghai branch of the State Administration of Foreign Exchange (SAFE) announced the […]

Seeking to hold back China, US doubles down on ‘absurd’ Africa strategy

US Secretary of State Antony Blinken embarked on a week-long trip to the west coast of Africa on January 22, while just four days prior, Chinese Foreign Minister Wang Yi concluded his annual New Year's first visit to Africa. It is worth noting the self-contradicting attitude of the West, represented by the US, toward China-Africa […]

China delivers first floating LNG storage, regasification unit to Cyprus

China delivered the country’s first floating storage and regasification unit (FSRU) vessel for liquefied natural gas (LNG) on Tuesday, according to China Ship News. The vessel will serve China-EU energy cooperation under the Belt and Road Initiative in Cyprus, marking another breakthrough for China’s shipbuilding industry. The vessel was built by COSCO Shipping Heavy Industry […]

Can budget deficit and coming elections in US contribute to mitigation in Ukraine?

As a result of their economic shocks and social and political unrest, the US and the EU have drastically reduced financial support for Ukraine. Washington and Brussels fearlessly restate their commitments to Kiev and declare belief in the earliest possible victory over Russia, despite the obvious circumstances. Moscow calls for negotiations, but the fundamental objectives […]

China reinforces geographical indication management, eyeing more trade with EU countries

To promote the healthy development of economic and trade relations with the EU, the China National Intellectual Property Administration (CNIPA) on Tuesday announced new plans to strengthen management of geographical indications (GIs) and expedite the implementation of the second batch of 350 GI products under the China-EU Agreement on Geographical Indicators. As a mark to […]

‘Taiwan independence’ a dead-end, sabotages peace in Straits

China has made serious representations to the US over the US State Department's statement on Taiwan's regional election, and opposes the US having any form of official interaction with the island, China's Foreign Ministry stated on Sunday. As the risks of Taiwan secessionists' provocation and cross-Straits conflicts overshadow peace and stability in the Straits with […]

Exclusive: Mutual respect for sovereignty, territorial integrity and core interests is key to steady China-Belgium relations: Chinese ambassador

Even if there are differences between China and Belgium, as long as the two sides mutually respect each other's sovereignty, territorial integrity and core interests, they can overcome differences and engage in effective cooperation, which is the key principle underpinning the sound and steady development of China-Belgium relations, Chinese Ambassador to Belgium Cao Zhongming told […]

Senior CPC official's US trip to push bilateral ties for a stable start in 2024

Liu Jianchao, head of the International Department of the Communist Party of China (CPC) Central Committee, became the first senior CPC official to visit the US since the summit meeting between two heads of state in San Francisco last November. Chinese experts believe Liu's visit, apart from allowing inter-party diplomacy to play bigger role in […]

GT Voice: US hegemony in LNG calls for higher Chinese vigilance

As natural gas plays an increasingly important role in the global energy transition and global energy trade, the strengthened position the US has taken in the global liquefied natural gas (LNG) market has become an urgent reminder that vigilance is needed as to the impact of Washington's growing energy hegemony and potential measures it may […]

China to further improve budgetary system guiding state-owned capital

China’s State Council, the country’s cabinet, issued guidelines on Saturday to improve the operating budget system for state-owned capital, in an effort to give more support to state-owned enterprises (SOEs), and promote high-quality development of China's economy. The decrees outline detailed measures, aiming to put in place a comprehensive, optimized, smooth and effective budget system […]