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china

Japan Pledges $6 BN to Mekong Nations as China Prepares New Bank

PD News

Japan said on Saturday it would extend around $6 billion in development aid to Mekong region countries, as China prepares to launch a new institutional lender seen as encroaching on the regional clout of Tokyo and ally Washington. Cambodia, Laos, Myanmar, Thailand and Vietnam all have strong economic growth potential, and are promising destinations for Japanese exporters.

China to Hold Majority Stake in New Development Bank Signaling Growing Soft Power

PD News

Beijing: China will hold a 30.34 percent stake in the Asian Infrastructure Investment Bank (AIIB), the Finance Ministry said on Monday, making Beijing the largest shareholder in a multilateral institution that will project the country's growing soft power. China will have 26.06 percent of the voting rights in the bank, a Chinese-led development bank that will rival institutions such as the World Bank and the Asian Development Bank. Countries defined as "within the region" will hold a 75 percent stake in the bank, the mi

Personal Contacts Central to EU-China Relations

PD News

This year we celebrate the 40th anniversary of EU-China diplomatic relations, with joint events and initiatives in education, research, youth and culture - both in China and in the EU. A central part of EU-China relations are personal contacts. That is why the EU-China high level people-to-people dialogue, launched in 2012, is so important. It brings people together, allowing us to discuss common challenges and to deepen mutual understanding and friendship, while fully respecting our differences.

Women's Football to Connect Chinese, Exiled Tibetans

PD News

It is for the first time since its formation in 2011 that the Tibetan women football team in exile is travelling abroad. They would be meeting their Chinese counterpart during the trip. The Tibetan footballers have been invited to attend the Discover Football, the International women's football & cultural festival, in Berlin from June 27 to July 6. Other teams to take part in the festival include Brazil, Afghanistan, Cambodia, Tanzania, South Africa, and China. This year's theme of the festival is 'Beyond Borders.'

It Will Take Silky Diplomacy to Build China’s New Road

PD News

Today it is known as the Karakoram Highway, a twisting road carved high into the mountains along which trucks inch their way south through China and into Pakistan. You can trace the origins of this dizzying pass back to the Han dynasty, when it formed part of a trading route stretching 4,000 miles. Merchants would ferry valuable Chinese silk to markets as far west as Italy, collecting ideas from the world’s great cultures and depositing them as they went.

China Building 'Soft' Power Through Foreign Aid

PD News

China is using soft power through the form of foreign aid to help the world, despite criticism from the West that its approach lacks transparency.

There is no better proof of this than the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives, the latest strategies under Beijing's foreign aid policy.

Vice Premier Liu Promotes Basketball Diplomacy to Strengthen China-U.S. Relations

PD News

Can sports be the key to strengthen diplomatic ties between sovereign states? According to Chinese Vice Premier Liu Yandong, the so-called "basketball diplomacy" may very well be the solution for increased mutual understanding and friendship between Chinese and American citizens.

Like music and art, sports transcend various boundaries, and the Chinese Vice Premier believes it plays a significant role in people-to-people exchanges, particularly China-U.S. ties.

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