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China's gold consumption reached 1,089.07 tons in 2017, a year-on-year increase of 9.41 percent, with demand for gold jewelry, gold bars and industrial-use yellow metal surging, according to the association.

China's economy will continue to recover, with limited COVID-19 effect on its sovereign credit, The Paper reported, citing global credit rating agency Moody's.

China's globalization "is based on more equal cooperation", and features a focus on South-South cooperation between developing countries, including itself, he said.

China's influence in Africa is growing based on good diplomatic relations, compared to the West's history of manipulation and merciless exploitation of the continent. China has 52 diplomatic missions in Africa compared to 49 of the US. Of the five UN Security Council members, China has the most peacekeepers in Africa with more than 2,000 troops in five countries. One of the best writers on the exploitation of Africa by the West, Zambian born Economist Dambisa Moyo, in her book, Dead Aid, points out that: "The narrative of donor and recipient has changed considerably with China." Chinese banks are currently giving more loans to African countries than the World Bank. This is a real headache for the West, as the era of exploitative conditional lending to African countries has been rendered obsolete. The West is trying to figure out how to counter China's influence in Africa so it can retain its threatened and tainted foothold in Africa.

China's only memorial hall featuring the complete history of the Chinese People's Volunteers in the War to Resist US Aggression and Aid Korea (1950-53), often referred to as the Korean War in the West, reopened on Saturday in Liaoning province.