“One country, two systems” unleashes vitality in HK’s development

This year’s National Day marks the first celebration of our nation’s birthday since the implementation of the new electoral system in Hong Kong.  The past decade has seen abrupt changes in our country’s internal and external environment, and Hong Kong has undergone ups and downs including unforgettably tumultuous times in 2014 and 2019. Thanks to […]

Open SCO trumps NATO exclusivity

Shanghai Cooperation Organisation chooses peaceful coexistence over military might This year, the Shanghai Cooperation Organisation is celebrating 21 years of success. It has grown from a small organization to one of the most important in the world. Owing to the SCO’s success and influence, the global community is keenly watching the organization’s progress. Some are […]

BRICS expansion a good move

Group can balance G7 bloc of developed nations, become powerful force for global leadership Globalization, the grand movement that has powered the world’s economy for decades by eliminating barriers to trade and facilitating international links, has taken multiple hits over the past few years. The time is right for any efforts to give globalization a […]

US should heed Pacific Island countries’ concerns

Ahead of the meeting with Pacific Island leaders that US President Joe Biden hosted on Wednesday and Thursday, the White House claimed that the focus of the first US-Pacific Islands Country Summit would be "broadening and deepening cooperation on key issues such as climate change, pandemic response, economic recovery, maritime security, environmental protection, and advancing […]

US dollar losing its attraction and global status

Photo taken on July 28, 2022 shows the Commerce Department building in Washington, DC, the United States. (PHOTO / XINHUA) The Russia-Ukraine conflict, apart from causing energy and food crises, has also triggered the largest de-dollarization wave since the 2008 global financial crisis. And although Russia is leading the de-dollarization drive to offset the effects […]

SCO is all about spirit of friendship and cooperation

Addressing the 22nd Meeting of the Council of the Heads of State of the Shanghai Cooperation Organization in Samarkand on Sept 15, Uzbek President Shavkat Mirziyoyev said: "During our chairmanship, we (have) sought to intensify practical cooperation within our organization to increase its potential and international prestige. Along with security issues, priority was given to […]

Measures can spur momentum of foreign trade

In spite of all the clamor about boosting domestic consumption as the main driver of growth, and the endeavors to that effect, foreign trade, export-oriented processing in particular, remains a crucial, indispensable cornerstone of China's economy. With the novel coronavirus still continuing to disrupt normal life and production at home, stimulating consumption remains difficult. Supporting […]

EU harming itself by clinging to US

Europe is now heading toward a recession. European Central Bank President Christine Lagarde on Monday described the eurozone's economic outlook as "darkening", and expects business activity to "slow substantially" in the coming months as a result of skyrocketing prices, decreased spending power and the overall uncertainty caused by the Russia-Ukraine conflict. Next year will "certainly" […]