The de-pegging of the yuan to the US dollar last week has created a misunderstanding that has to be cleared.
President Hu Jintao's state visit to Cana- da, which ended on Friday, thawed the relatively icy relations between Beijing and Ottawa. The exchange of warm remarks between Hu and Canadian leaders reflected the strong political will of the two sides to seek a new beginning to an all-round partnership.
The Greek debt crisis has not only put a question mark on the future of euro, but also increased the risk of a double-dip global recession. At this critical juncture, the major tasks of the Group of 20 (G20) leaders meeting in Toronto, Canada, are how to pursue well-coordinated economic policies, overcome the multiple crises and ensure a strong global economic recovery.
As the G20 Toronto Summit nears, there still exist many uncertainties about the global economy, ranging from the struggle of the euro zone and high unemployment rate of the United States to high fiscal deficit with Japan and China's over-reliance on exports.
A group of men - some dressed in suits, others casually - followed Sergeant Dan Somers, of the Royal Canadian Mounted Police, out of Toronto's Direct Energy Center.
Day-long meetings between President Hu Jintao and Canadian leaders on Thursday might make cantankerous relations between the two countries a thing of the past.
Reforms in the International Monetary Fund (IMF) must go beyond readjustment of the quota shares to include adjusting the representation status and allowing economists of different backgrounds to join as senior staff.
Chinese tour groups are expected to soon be able to visit Canada on tourist visas, as the two countries are expected to sign final agreements on Thursday (Canadian time) during the G20 Summit in Canada.
President Hu Jintao's State visit to Canada, including one of the highest-level China delegations ever to visit the North American country, kicked off as a celebration of the 40th anniversary of diplomatic relations between the two countries.
China's foreign exchange regime reform is not only in the interest of its own economy but also can alleviate global trade and economic imbalances, foreign economists and think tank researchers have said.
International Media Center is embracing more than 3,800 journalists from worldwide who will cover the G20 summit to be held over the weekend in Toronto, the largest city in Canada.
The world needs a further concerted effort to ensure sustained global economic recovery and "a new beginning", as Canadian Prime Minister Stephen Harper spelled out in January, at the summit of the leaders of Group of 20 countries and organizations in Toronto this weekend.