Tag Archives: China

GENEVA – Global foreign direct investment collapsed in 2020, falling 42% to around $859 billion from US $1.5 trillion in 2019, according to UNCTAD’s 38th Global Investment Trends Monitor released on January 24. Foreign Direct Investment (FDI) is believed to have ended last year more than 30% below the trough …

TEHRAN – US President, Joe Biden, and French President, Emmanuel Macron, agreed in a telephone conversation to work closely on the foreign policy priorities of both parties, including Russia, China and the Western Asia. The White House issued a statement announcing a telephone conversation between the presidents of the United …

BEIJING – Chinese President, Xi Jinping, has urged Chinese competitive sports to take the path of technological innovation, which is necessary to make China a powerful country. Xi made the remarks on Tuesday during his inspection visit to the Zhangjiakou competition area of the Beijing 2022 Olympic and Paralympic Winter …

News Analysis BEIJING – With China likely the only major country to record positive economic growth in 2020 amid the Covid-19 pandemic, fears are growing that Japan will fall further back into the world’s second-largest economy, especially in technology. Some foreign affairs pundits are optimistic about China’s rise in the …

PALO ALTO, United States – Brian Deese, the new director of the National Economic Council of the United States, said the United States under Joe Biden will fight for the supremacy of technology by rebuilding its core forces rather than imposing restrictions on China. Deese was speaking at the first …

BEIJING – Chinese Foreign Ministry spokesman, Zhao Lijian, said that the international community clearly knows if the United States is the biggest contributor to the UN. This was the response of Zhao Lijian to US Secretary of State, Mike Pompeo’s, assertion that the United States is the largest contributor to …

ISLAMABAD – Sardar Yasir Ilyas Khan, chairman and head of a delegation from the Islamabad Chamber of Commerce and Industry (ICCI) visited the Chinese Embassy in Islamabad. He held a meeting with Minister Counselor (Economic and Trade), Xie Guoxiang, to discuss the possibilities of further improving bilateral trade and investment …

WASHINGTON – The digital economy and green investments will help ensure China’s balanced recovery from the Covid-19 pandemic, a senior official at the International Monetary Fund (IMF) recently said. “In China, just like in many other countries, we have seen the pandemic accelerate the on-going trends of online sales migration …

BRUSSELS – The European Union (EU) on Monday called on Iran to abandon its efforts to enrich uranium by up to 20% and fulfill the obligations of the nuclear deal it signed in 2015. EU foreign policy chief, Josep Borrell, said that the bloc continued to support the Joint Comprehensive …

UNITED NATIONS – China threatened on Thursday that the United States would pay a “heavy price” if its Ambassador to the United Nations, Kelly Craft, followed through on plans announced by the State Department to visit Taiwan next week. “The United States will pay a heavy price for its bad …