China is treated unfairly by the international financial mechanisms.
The number of countries and regions seeking AIIB membership is expected to exceed 35 after the deadline of March 31 while some countries remain mulling over the participation. As Asian countries can intensify exchanges and learn more about the AIIB on the Boao forum, there will be less skepticism about this financial institution and more confidence in its bright prospects as well as the opportunities it can bring to the world economy.
Asia is more of a geographical concept in history. The complexity of this continent is more intricate than all the other continents combined.
The Boao Forum for Asia was concluded on Sunday in Southern China's Hainan Province. The 2015 annual conference was themed “Asia's New Future: Toward a Community of Common Destiny.” What do Chinese entrepreneurs think of the forum? What opportunities will the forum bring to them? The Global Times invited two entrepreneurs to share their views.
Leaders of Asian countries need to adopt a "community of common destiny" mindset when dealing with global and regional challenges in order to build a new future of sustainable peace and prosperity.
As the two largest economies in the world, major adjustments in the US and China obviously have an important bearing on the state of the global economy. With the economic performance of both nations currently at major junctures – a revival in the US and a slowdown in China, many have been quick to conclude that these crosscurrents represent a fundamental and lasting shift in the post-crisis era.
Slower, safer, and more sustainable growth is good for China and its people – and it is good for the world. By brewing its economic cup of tea more slowly, China will end up with a richer taste.