Before the summer, investment banks estimated that, in the medium-term, at least US$1 trillion of global reserves could switch into Chinese assets when, and if, the International Monetary Fund endorses the renminbi as a reserve currency.How... [FULL TEXT]

On August 11, the People’s Bank of China (PBOC) adjusted the exchange-rate of the Chinese renminbi (RMB) against the US dollar to better reflect market conditions. The net effect was a devaluation of 1.9% relative to the dollar.The ad... [FULL TEXT]

In the short run, the yuan devaluation will have an impact on peoples lives. For example, outbound tourism, imported goods and overseas study could be reduced. But this situation will not last long as decreased consumption is likely to be o... [FULL TEXT]

In a 2014 article titled “China’s Think Tanks in Global Transition”, Chen Kaimin of the China Institutes for Contemporary International Relations said that the “the international status of China’s Think Tanks is not commensurate... [FULL TEXT]

After 2010, the Asia-Pacific region entered a new period of changes and reforms in security terms. Traditional security issues have resurfaced; non-traditional security challenges pop up from time to time; regional security risks proliferat... [FULL TEXT]

The Iran nuclear negotiation bypassed another deadline on July 1. Observers are expecting high of a deal between Iran and p5 1 after another delay of a week. It is certainly reasonable after long patience for a deal. But the Iran nuclear is... [FULL TEXT]

At the 6th Forum on China–Africa Cooperation last Friday in Johannesburg, a new relationship between the world’s second-largest economy and its fastest rising continent was on display. The forum is the main platform for official... [FULL TEXT]

Recently, the value of Chinese stocks climbed over $10 trillion for the first time, according to Bloomberg’s data. That translates to a gain of $6.7 trillion in 12 months. That is more than Japan’s entire stock market and about ... [FULL TEXT]

——Keynote Speech at Third China-Nordic Arctic Cooperation SymposiumMay 27-28, 2015, Shanghai, ChinaChen Dongxiao Distinguished colleagues, Ladies and Gentlemen: It is my great pleasure and honor to attend Third China... [FULL TEXT]

Indian Prime Minister Narendra Modi wrapped up his China visit Saturday and headed for South Korea and Mongolia. During his three-day official trip, he traveled to Xian, Beijing and Shanghai, reviewing China-India friendship in history, dis... [FULL TEXT]