IRS |Institute of Regional Studies


Contemporary Regional Developments in China

5th - 13th February
  • China is ushering the world into cashless payment era. Leading without even noticing, Chinese people living in Tang Dynasty roughly a thousand years ago were among the first in the world to use banknotes. A millennium later, the country has once again taken the lead in a global transaction trend, but this time, China may become the first country to phase out cash.
    (People's Daily Online, February 06, 2018)
  • China conducted a successful test of its ground-based midcourse defense system on February 5, the Ministry of National Defense announced Tuesday, Feb. 6. The missile interception test was defensive in nature and is not targeted at any country, the ministry added.
    (People's Daily Online, February 06, 2018)
  • Premier Li Keqiang praised foreigners for help in opening-up. "With our country's door to the world opening even wider, we will produce more appealing policies to attract foreign talents to work in China and provide more convenience for your lives here," Li told a gathering of outstanding foreign experts working in China.
    (China Daily, February 06, 2018)
  • Arctic cooperation brings new era for Sino-Icelandic cooperation: Icelandic ambassador. Both countries will increase mutual cooperation in green energy. “We welcome the interest China is showing [to the Arctic] because we feel that the resources and intelligence China have will be helpful for us, which could also develop future cooperation possibilities for shipping, logistics,” Gunnar Snorri Gunnarsson, the Icelandic ambassador who just started his second tenure in China, told People’s Daily Online.
    (People's Daily Online, February 06, 2018)
  • Nobel Peace Prize has become a political tool to promote the Western agenda. Recently, a group of U.S. lawmakers nominated three leaders of the illegal "Occupy Central" movement for the 2018 Nobel Peace Prize. The Foreign Ministry in Beijing in a statement on Friday urged the U.S. lawmakers to “stop meddling” in China’s domestic affairs, saying the 2014 protests were "downright illegal."
    (People's Daily Online, February 05, 2018)
  • Chinese warship reportedly equipped with electromagnetic railgun. In the sci-fi box office smash “Transformers,” the human race defeats the Decepticons in an epic battle by using high-tech electromagnetic weapons – a scenario which is likely to be realized by Chinese military forces, experts noted.
  • “Though the U.S. has been openly developing electromagnetic guns for years, it doesn’t mean that China is far behind in this field, as the latter [usually] keeps quiet about its progress due to secrecy concerns,” Chen Shuoren, a military commentator, told the Science and Technology Daily on Monday.
    (People's Daily Online, February 05, 2018)
30th Jan - 4th February
  • China firmly opposes the Nuclear Posture Review (NPR) published by the United States Department of Defense, a spokesman from China's National Defense Ministry spokesman Ren Guoqiang said on Feb 4.
    (Xinhua, February 05, 2018)
  • China’s white paper on Arctic policy enhances trust and refutes “China threat”. The paper on its Arctic policy issued on Jan. 26 will enhance trust between China and international community and promote global Arctic governance, said People’s Daily Overseas Edition in a report on January 29, 2018.
    (People's Daily Online, January 30, 2018)
  • Xi Jinping unanimously elected deputy to 13th National People's Congress (NPC) by a unanimous vote at the first session of the 13th regional people's congress of the Inner Mongolia Autonomous Region Tuesday.
    (Xinhua, January 31, 2018)
  • Chinese culture beginning to make mark on global markets. More forms of Chinese culture are resonating with people from around the world. Chinese culture is being acknowledged by more and more people worldwide, who are eager to know more about the country than just the Great Wall or Jackie Chan.
    (Xinhua, January 31, 2018)