Tag: China

NOVANEWS China is prepared to become the top global proponent of free trade and lead the fight against protectionism, Chinese International Economic Affairs Department head Zhang Jun said Monday. BEIJING (Sputnik) — During his presidential campaign, Trump promised to scrap the TPP during his first day in office, a pledge which has apparently been followed up. Trump has also often criticized and pledged to repeal the North American Free Trade Agreement (NAFTA) unless the agreement was renegotiated in a way that would prove more favorable to the United States. The new administration is also expected to at least delay talks on the Transatlantic Trade and Investment Partnership (TTIP). "China is not seeking such leadership. But speaking of the situation today, it must be stressed th...

NOVANEWS China Extends Economic Influence in Balkans and Southeast Europe, Bank of China Regional Headquarters in Belgrade By Živadin Jovanović Global Research   On January 21st, 2017, the Bank of China has officially opened its regional branch headquarters in Serbian capital Belgrade, to provide banking services for cooperation in investments, trade, tourism and other fields, for countries in the region – Serbia, Rumania, Bulgaria, Greece, Albania, Macedonia, Montenegro, Bosnia and Herzegovina and others. The ceremony was held in the Government`s Palace and attended by President of the Republic Tomislav Nikolic and members of the Government. This important development follows last June`s state visit of the President of the Republic of China Xi Jinping to Serbia and also, his...

NOVANEWS By Erik Hakans and Phill Hynes Now well into the second decade of the 21st century, the world is witnessing the true extent of China’s economic, political, and growing military reach. This reach and integration into the globalized world has been gradual, incremental, and quiet over the past three decades. In the shadows, China has accelerated significantly in the past 10 years. What does this mean for the established global order? This paper is a roadmap looking to join the dots on that journey. China has experienced unprecedented success in recent years in its opposition to the Western-dominated international economic order. These successes, from the establishment of the Asian Infrastructure Investment Bank (AIIB) and the BRICS New Development Bank (NDB) to the rolling ...

NOVANEWS By Stephen Lendman Global Research   The one China policy was first mentioned in the Shanghai Communique on February 28, 1972 during Nixon’s visit to China – stressing the importance for both countries to normalize relations. On January 1, 1979, the Joint Communique on the Establishment of Diplomatic Relations agreed to by Jimmy Carter and Deng Xiaoping formally established bilateral relations, ending official recognition of Taiwan, announced by Carter in December 1978. The (1992 Consensus) one China principle affirms a single sovereign China comprised of the mainland and Taiwan. Trump saying “(e)verything is under negotiation including one China” didn’t go down well in Beijing. On Saturday, its Foreign Ministry spokesman Lu Kang said it’s “nonnegotiable.” One China...

NOVANEWS I have been to China several times before, but this trip, my fifth, differed from the previous ones in that I came with my wife. My schedule  was fairly loose, which enabled me to see and feel China for real, not  just look at facades and showpieces. Moreover, this time I was able to see China through the eyes of my wife who is no expert on China, and  through socializing with people "from the street". Two months before our  trip we "swallowed" a Russian-Chinese phrase book. And because, I haven't yet completely forgotten my Japanese, we were at least able to  not lose our way in the mazes of Beijing and Shanghai. In theory, I had a fairly good knowledge of China even before the trip.  Macroeconomics and politics, both domestic and foreign, is something that I study and analyse ...