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China to launch more detailed policies in Sept to stabilize economic recovery

China will unveil more detailed policies in early September to boost demand and stabilize the foundation of economic recovery, according to a State Council executive me

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Strings attached in foreign aid programs

Government-led foreign aid is rarely charity. It usually comes with strings attached despite earnest claims to the contrary.Australian Foreign Minister Penny Wong has v

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China in Afghanistan: A year of achievement and aspiration

This August marks the first anniversary of the humiliating American troop's withdrawal from Afghanistan. Washington's two-decade long military occupation dragged the Af

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Venezuelan president welcomes Colombia's new ambassador-designate

Venezuelan President Nicolas Maduro welcomed Colombia's new ambassador-designate Armando Benedetti to Venezuela on Monday."We are peoples with a glorious history of reb

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Powell speech may excite bond investors with stocks outlook worsening

The U.S. Federal Reserve's (Fed) determination to fight inflation, even if it may send the economy into recession, was reiterated by Fed Chair Jerome Powell's speech at

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The West shouldn't overreact to Russia's upcoming military drills

Russia plans to host multilateral military drills in its Far East region from September 1 to 7 that will include the participation of China, India, and several other co

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Asian, European markets tumble after Powell's rates warning

Markets sank Monday and the U.S. dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight inflation and poured cold water on the prospect

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Pakistan foreign minister appeals for more aid for relief work

Further flood waters are a major concern, huge losses have been caused to crops and the agricultural sector, Pakistan's Foreign Minister Bilawal Bhutto-Zardari said in

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The U.S. winning the 21st century: In who's name?

The bipartisan CHIPS and Science Act has been put into law and U.S. President Joe Biden on August 25 signed an Executive Order to implement the semiconductor funding in

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A lie, wrapped in hypocrisy, inside incompetence

If, for Churchill, Russia was a riddle, wrapped in a mystery, inside an enigma; the U.S.'s Afghanistan war was a lie, wrapped in hypocrisy, inside incompetence.The U.S.

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ECB policymakers make the case for a big rate hike

European Central Bank (ECB) policymakers made the case on Saturday for a large interest rate hike next month as inflation remains uncomfortably high and the public may

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Moderna sues Pfizer-BioNTech for patent infringement over COVID vaccine

Moderna on Friday sued Pfizer and its German partner BioNTech for patent infringement in the development of the first COVID-19 vaccine approved in the United States, al

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China shapes its strategic opportunities, not the U.S.

It seems to be self-evident that most countries have enormously benefited from globalization. As one of the beneficiaries and main engines of globalization, China is pl

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West's concessions can be only effective way to peace

The conflict between Russia and Ukraine keeps dragging on with no end in sight, unless the United States stops pushing the conflict. The potential for nuclear war is es

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A prescription for healthier economic and fiscal policy

A healthy population is both a cause and a result of economic growth and development. But achieving both today requires policymakers to leave their comfort zones. Speci

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Wall Street ends in a hole after Fed chair vows tough inflation fight

Stocks slumped on Friday after Federal Reserve (Fed) Chair Jerome Powell pledged to act "forcefully" against soaring inflation in a battle that will be painful for Amer

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Chinese authorities sign agreement with U.S. on audit oversight

The China Securities Regulatory Commission (CSRC) and the Ministry of Finance signed a supervision cooperation agreement with the U.S. Public Company Accounting Oversig