BEIJING: The Chinese renminbi (RMB) is making steady progress in becoming a more widely used currency in the global economy, according to a report released by People’s Bank of China (PBOC). One of the most notable trends highlighted in the 2023 report on Chinese RMB internationalization is the increased use of the currency in trade and investment. In 2022, banks …
Chinese President Xi Jinping stressed that China’s policy toward the US is consistent, which is mutual respect, peaceful coexistence and win-win cooperation, noting China will continue to work in this direction and hopes that the US will work with China in the same direction, when meeting with California Governor Gavin Newsom on Wednesday. Experts said that such a high-level reception …
BEIJING: Chinese President Xi Jinping stressed that China’s policy toward the US is consistent, which is mutual respect, peaceful coexistence and win-win cooperation, noting China will continue to work in this direction and hopes that the US will work with China in the same direction, when meeting with California Governor Gavin Newsom on Wednesday in Beijing. Experts said that such …
ISLAMABAD: Chinese Foreign Minister Wang Yi is scheduled to visit the US later this week as the interaction between China and the US is currently showing signs of a comprehensive recovery with increasing engagement to enhance understanding and improve the atmosphere. Chinese observers believe the visit will pave the way for a possible meeting between the head of the two …
ISLAMABAD: China and the U.S. share important responsibility for world peace, stability and development, Chinese President Xi Jinping said in a reply letter to Chairman of the Sino-American Aviation Heritage Foundation Jeffrey Greene and Flying Tigers veterans Harry Moyer and Mel McMullen on September 12. Greene, Moyer and McMullen jointly wrote a letter to Xi recently, expressing their commitment to …
ISLAMABAD: China on Tuesday confirmed the participation of representatives from over 110 countries that they will attend the third Belt and Road Forum for International Cooperation in Beijing in October, with preparations for the forum being well underway. Events during the forum include the opening ceremony, three high-level forums on connectivity, green development and digital economy and six thematic forums: …
BEIJING: Beijing will continue to support Pakistan in stabilising its financial situation, the Chinese state media quoted China’s President Xi Jinping as saying following his meeting with Prime Minister Shehbaz Sharif on Wednesday. China and Pakistan should move forward more effectively with the construction of their economic corridor, as well as accelerate the construction of infrastructure for the Gwadar Sea …
Chinese President Xi Jinping profoundly expounded on security and development issues, and offered important opinions on deepening political and security cooperation among BRICS countries, enhancing confidence in and strength for building a community with a shared future for mankind. He expressed these views while delivering a video address at the opening session of the BRICS Foreign Ministers’ Meeting. “As a positive, …
BEIJING, China: Chinese President Xi Jinping has stressed BRICS states to uphold multilateralism, and safeguard peace and stability in the world to help wage joint fight against Covid-19 pandemic. Xi Jinping made these comments while addressing the participants at the 12th BRICS Summit via video-link. BRICS is the acronym for an emerging-market bloc that groups Brazil, Russia, India, China …