The current situation
faced by China is rather complicated. Next year will be the last year of the
13th Five-Year Plan. To achieve a number of important development goals in an
unprecedentedly complex situation, the development of China during the 14th
Five-Year Plan will be an urgent task that has never been experienced by China
before. It is worth not ...
will the world's currency be like in the future?
are many opinions regarding this issue, and the problems and defects in the
world's monetary system have begun to be noticed by many. Since the global
financial crisis broke out in 2008, Zhou Xiaochuan, governor of the People's
Bank of China had suggested to reform the internationa ...
The latest conflict between India and Pakistan
on Kashmir has become an increasingly heated political hotspot in this chaotic
On the morning of August 5, Amit Shah, the
Indian Minister of Home Affairs and the President of the Bharatiya Janata Party,
moved two bills to abolish Article 370 of the Constitution in order to
restructure Jammu and Kash ...
The U.S.-China trade war has recently become markedly
complicated. Previous U.S.-China trade disputes were focused on tariffs and
targeted key companies such as Huawei, whereas the latest situation suggests
that the U.S.-China trade disputes are spreading to the financial sector.
On August 5, China's yuan breached the critical
level of 7 to the U.S. ...
The Chinese yuan (RMB) now has breached 7 per U.S. dollar (USD).
After this recent depreciation of RMB against the USD, U.S. Department of the
Treasury issued a statement on August 6 morning (Beijing time) that identified
China as a currency manipulator. This is a historic moment that has not
happened in the White House since Clinton's administration ...
China has achieved tremendous
economic success in the past few decades, but its extensive growth relied
mainly on resources, capital, and cheap labor. However, this growth model is no
longer competent. There is an urgent need for a development model based on
technological innovation to continue supporting growth after the outbreak of
the U.S.-China trad ...
In 1993, American architect Peter Calthorpe first
introduced the concept of Transit Oriented Development (TOD) in his book The
Next American Metropolis: Ecology, Community, and the American Dream. This is a
public transport-oriented urban planning approach to resolve the car-oriented
urban problem at the time, with the priority is given to public transpo ...
The Refugee issue has become a rising challenge as day passes and it has been stirring the global politics, and there is no easy solution from the historical and reality point of view. During World Refugee Day on June 20 this year, the United Nations released the latest data and statistics on the causes of refugee crisis. The data shows that there are more t ...
The world is entering into a new easing cycle. Nearly two-thirds of analysts expect trade tensions between the United States and its trading partners to intensify within this year, with more than 80% calling it the start of a global easing cycle, according to a Reuters poll. That expectation is borne out by the fact that central banks in most major emerging ...
Since the first half of this year, with the deepening of regional integration and urbanization entering the stage of inventory development, the degree of economic slowdown in some third and fourth tier cities in China has worsened, corresponding to the shrinkage present in the local real estate market. This high correlation between the real estate market, in ...