​G7 agree ‘in principle’ to add Chinese currency to IMF basket

The finance ministers of G7 have supported the inclusion of the yuan in the IMF currency basket. The decision means the yuan has gained international recognition after Beijing was accused of artificially curbing the exchange rate for more than ten years. “We were completely agreed that it is desirable in principle, that the technical conditions […]

China, EU connect to promote digital Silk Road

The Cyberspace Administration of China (CAC) aims to play a role in promoting the digital and cyber Silk Road, China’s top Internet regulator Lu Wei says at the first China-EU digital cooperation roundtable held on July 6 in Brussels. Following Chinese Premier’s visit to EU headquarters last Monday, Lu’s visit to Brussels is the first […]