Author: HeraldStar

Islamabad, March 2025— Chairman of the Belt and Road Initiative for Sustainable Development (BRISD) Qaiser Nawab, along with H.E. Jiang Zaidong, Ambassador of the People’s Republic of China to Pakistan, Deputy Chairman Senate Senator Seydal Khan, and Chairman of the Silk Road Culture Center Jamal Shah, jointly inaugurated the “Esthetic Bridges: China-Pakistan Friendship Art Exhibition” at the Pakistan National Council of the Arts (PNCA) through a ribbon-cutting ceremony. The exhibition, featuring the creative works of renowned Chinese artist Yang Xiaoyang and prominent Pakistani artist Jamal Shah, reflects the shared cultural legacy and ever-growing friendship between Pakistan and China. On the…

By Liu Qiyu A truly inclusive digital future requires collaboration, mutual learning, and a shared vision—where technology is not just for the few, but for all. As developed and emerging economies alike seek to leverage technology for sustainable growth, an increasingly relevant question is: Can China’s technology contribute to a more inclusive global digital future? Expanding Access China has integrated technology into its national priorities, with tech exports, cross-border collaboration, and digital infrastructure projects playing a growing role in its global engagement. One of the most notable areas where China is contributing to a more inclusive digital economy is affordable…

By Qaiser Nawab A PwC report on China’s investment opportunities released on Sunday highlights immense investment and growth potential in China’s consumption upgrading, identifying key areas for growth in the consumer market. “In 2024, China’s GDP grew by 5%, adding an increment equal to the total economic output of a mid-sized country,” the report notes, stressing the expansion of premium consumption among youth, rising demand from rural areas, and broadening grey-haired generation as key drivers of growth in China’s consumer market. Earlier this month, China unveiled special initiatives to further boost consumption, outlining actions to increase urban and rural residents’…

By Terry Townshend Photographs Courtesy of Terry Townshend “Snow leopard!” I blurted out to my friends Zhang Chengxin and Liu Garbo, attempting a whisper that betrayed my excitement. Bolting upright, they hurried over and stood erect on the grassy mountainside 4,000 meters above sea level. Their faces lit up as, in turn, they looked through my telescope to set eyes on this most elusive and mysterious of the big cats. We couldn’t believe our luck. There we were, in a valley along the upper reaches of the Lancang River, watching the “grey ghost,” one of the most difficult-to-see mammals in…

By Beate Trankmann Of the estimated 100 billion planets within our galaxy, only one has been discovered to be capable of sustaining life—our own. Earth is a cosmic miracle which has given birth to millions of species including humankind. But this miracle is a fragile one, and it is under threat. Over 10 million hectares of forest are destroyed each year. Two thirds of the planet’s oceans are now impacted by humans. And today, like every day, another 200 species will go extinct. In December 2022, the United Nations Biodiversity Conference (COP15), presided over by China, successfully concluded in Montreal,…

As global economic growth slows and capital markets become increasingly risk-averse, China continues to stand out as a crucial investment destination. However, its appeal is no longer merely about low-cost manufacturing or sheer market size. Instead, it stems from industrial upgrading, policy shifts, and the restructuring of global supply chains – factors that present both opportunities and challenges for foreign investors. During the ongoing China Development Forum (CDF) 2025 held in Beijing from March 23 to March 24, experts and multinational executives discussed China’s investment returns, policy advantages, and long-term outlook. While skepticism might persist, actual capital flows indicate that…

By Wang Kai BEIJING, Mar 24 – The global economic outlook is facing significant headwinds as the United States escalates its tariff policies, which economists warn could stifle global growth, exacerbate inflation, and disrupt international trade. According to the Global Economic Outlook report released by UBS on Sunday, tariffs are the most substantial risk to the global economy. Even if only half of the proposed tariffs are implemented, global growth forecasts need to be revised downward. A 10% global tariff could reduce global growth by a full percentage point and add up to 100 basis points to U.S. inflation. The…

By Qaiser Nawab The global shipping industry, a vital artery of international trade, now finds itself at the heart of escalating U.S.-China tensions. In April 2024, the United States Trade Representative (USTR) launched a Section 301 investigation targeting China’s maritime logistics and shipbuilding industries, citing “unfair trade practices.” The move, aimed at reviving America’s declining shipbuilding industry and safeguarding its economic interests, has sparked debates about its effectiveness, legality, and unintended consequences. While Washington justifies the probe as necessary for economic security, the measures it proposes—punitive tariffs, port fees on Chinese-built vessels, and shipping restrictions—could disrupt global supply chains, drive…

By Qaiser Nawab The recent upheaval in the US stock market has sent shockwaves through the financial world. This turbulence stems from a combination of escalating tariff wars, erratic policy decisions, and looming recession indicators. Together, these factors have created a climate of uncertainty, eroding investor confidence and destabilizing global markets. Tariff Wars: A Catalyst for Market Disquiet The current administration’s aggressive trade policies, particularly the imposition of substantial tariffs on key trading partners such as China, Canada, and Mexico, were intended to bolster domestic industries. However, these measures have backfired, sparking retaliatory actions and intensifying global trade tensions. On…

By Qaiser Nawab In the newly released 2025 Government Work Report of China, expected development planning in the AI field was announced. “The country will establish a mechanism to increase funding for industries of the future and foster industries such as biomanufacturing, quantum technology, embodied artificial intelligence, and 6G technology.”As an emerging AI powerhouse, how is China’s AI roadmap driving industrial growth and global innovation? Open-Source AI: Leveling the Technological Playing Field In the rapidly evolving landscape of Artificial Intelligence (AI), open-source models are emerging as powerful tools for democratizing technology and fostering global collaboration. Zhou Hongyi, a member of…