More nations set to join AIIB
Denmark, Australia and Russia announced their intention to join the Asian Infrastructure Investment Bank (AIIB) as founding members over the weekend, expanding the list of potential members to 42 countries as of Sunday.
Diverse topics, top speakers make for an exciting event
This is my second time attending the Boao Forum. The first time was in 2013, when President Xi Jinping also attended the forum.
For me, the Boao Forum is an event that drives up the level of adrenaline.
Merck still sees double-digit growth in China
German pharmaceutical and chemical company Merck still sees continuous double-digit growth in China, despite the economy now having entered a “new normal” phase of slower growth but higher quality, Bernd Reckmann, CEO of the company’s life science and performance materials unit, told the Global Times at the Boao Forum on Saturday.
Debt under control: minister
The debt level of Chinese local governments is under control, Finance Minister Lou Jiwei said at a panel meeting of the Boao Forum on Friday, addressing concerns on the mounting local government debts.
Self-driving cars to be on market in 5 years: Tesla CEO
Self-driving technology for vehicles is expected to be ready for mass production in five years, Elon Musk, CEO of US premium electric car producer Tesla Motors Inc, said during the Boao Forum on Sunday.
Boao part of home court diplomacy
Analysts believe the 2015 Boao Forum for Asia (BFA), which is scheduled to open on Thursday, is another major event in China’s home court diplomacy this year, as China becomes more confident and actively involved in international affairs.
Boao Forum seeks common destiny
The Boao Forum for Asia, which opens Thursday, aims to search for the common interests of major Asian economies and discuss how to seek a common future through multilateral cooperation, Zhou Wenzhong, Boao Forum secretary-general, said on Wednesday.
China’s stock markets still surging
China’s benchmark stock index hit its highest level in nearly seven years on Monday, led by a surge in railway and infrastructure construction shares.
Count us in
The UK is the first G7 country to sign up to the China-backed Asian Infrastructure Investment Bank (AIIB) last week. The Global Times (GT)London correspondent Sun Wei on Thursday interviewed Mark Boleat (MB), policy chairman at the City of London Corporation, asking about the AIIB’s potential impact on the current international financial system. The City of London Corporation is the municipal governing body of the City of London, a major business and financial center.