China
A report by the United Nations estimates the total external debt of developing countries and countries in transition at nearly 2.5 trillion U.S. dollars at the end of 1998, a 6 percent increase from the 1997 level. Meanwhile, crude oil prices slumped 15 percent in the same period,
China
The European Union and China have agreed to restart negotiations on Beijing's membership in the World Trade Organisation (WTO), following a six-month hiatus. The decision was reached after a meeting in Berlin between Pascal Lamy, the EU's trade commissioner, and a Chinese delegation led by Shi
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Gerald Levin's company, Time Warner, organized the Global Forum in Shanghai, where corporate leaders such as Jack Welch, Jacques Nasser, and Michael Dell discussed their ambitions in China. Levin, a close friend of Chinese President Jiang Zemin, has secured his company's position in the rapidly growing
China
As China prepares for its 50th anniversary National Day celebrations, major newspapers are highlighting the country's growing economic influence, particularly with the opening of the Fortune Global Forum in Shanghai. The forum, which will continue until September 29, features discussions on China's current economy and future
China
China has announced plans to resume World Trade Organization (WTO) talks with the European Union, following a hiatus since NATO's bombing of Beijing's embassy in Belgrade in May. The move comes as Beijing struggles to gain traction in its negotiations with Washington, which resumed earlier this
China
China and the European Union are set to resume talks on China's accession to the World Trade Organization (WTO) following a 13-year bid. The move comes after China stated that it has not changed its position on joining the WTO and believes its entry is essential for the
China
The Asia-Pacific Economic Cooperation summit, transformed into a high-level forum on the East Timor atrocities, has regained its focus on economic issues, specifically the Asian financial crisis that dominated the agenda last year. Despite protests by demonstrators outside the venue in Auckland, New Zealand, the APEC leaders are relieved that
China
Chinese President Jiang Zemin and US President Bill Clinton met on Saturday, discussing China's accession to the World Trade Organization (WTO). Jiang emphasized the benefits of WTO membership, citing its importance for China's economic development and reform. The two presidents also reaffirmed their commitment to a
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President Clinton's visit to New Zealand is set to address tense discussions about Chinese trade, the Russian money laundering scandal, and violence in East Timor. "The will of the people of East Timor must not be thwarted," Mr. Clinton stated, following his decision to suspend military
China
Tibetan supporters have announced plans to picket each of Chinese President Jiang Zemin's public appearances during his six-day visit to Australia. The Australian Tibet Council has stated that its supporters will shadow President Jiang and deliver a message that he is not welcome in Australia until he engages
China
Chinese President Jiang Zemin is promoting cultural exchange and diplomatic relations with key countries, including France, Ecuador, and Australia. The President's messages are focused on fostering friendly ties, economic development, and trade relations. Civil servants are also being held accountable for espionage and corruption. Key Takeaways: * Chinese President
China
Taiwan's ruling Kuomintang (KMT) party has formalized a policy shift, defining its relationship with China as that between two separate states. This move, expected to intensify China's fury, asserts Taiwan's sovereignty and may pressure its National Assembly to amend the constitution. The policy statement,
