Such moves will be a short-term trend, which will restrict the listings of top Chinese technology companies on the US stock market, Dong Shaopeng, a senior research fellow at the Chongyang Institute for Financial Studies of Renmin University of China, told the Global Times on Sunday."Chinese companies with advanced scientific and technological assets will lose their ability to get listed in the US," Dong acknowledged, "but the harm will be limited. China's economy and military development will not be affected by the US sanctions or its misbehavior."
Following weeks of speculation over US president-elect Joe Biden's stance toward China-US trade ties, with a lingering bruising trade war hanging overhead, a still-elusive but emerging image of the new US administration's approach is slowly taking shape, as Biden continues to form his trade team that will primarily handle China-related issues, with the latest move being naming a Chinese-American trade lawyer as his top trade envoy.
The pandemic will help Russia and China to increase cooperation in the field of medicine, Wang Wen, the executive dean of Chongyang Institute for Financial Studies and vice president of Silk Road School, Renmin University of China (RUC), told NEWS.ru on the sidelines of the 11th Asian Conference of the Valdai Club, titled “Russia and Asia After the Pandemic.”
The tactical tasks of adapting Russia to the new situation are directly related to the current crisis: a “turn to the East” is necessary for the transition from economic recession to growth. In this regard, the most important task is to restore and increase the volume of Russian-Asian trade. However, these tactical issues have little to do with macro trends and their solution will not ensure the long-term and successful involvement of Russia in the new Asia, writes Anastasia Likhacheva, Director of the Centre for Comprehensive European and International Studies (CCEIS) of the Higher School of Economics, who participated in the 11th Valdai Club Asian Conference.
The recent decision by the U.S. State Department to impose sanctions against 14 vice chairpersons of China's prestigious National People's Congress' Standing Committee is the latest – and most egregious – measure by the messianic Secretary of State Mike Pompeo to bring the U.S.-China relationship to the lowest level possible and restrict any attempted revival of a stable relationship in the next administration. The measure is totally unprecedented. Preventing top officials of a foreign government from visiting the United States (only a part of the sanctions) is really only something one would do with a country with which one was intent on breaking relations with, or in preparation for war.
Chinese government officials are set to convene and discuss the country's economic performance at this year's Central Economic Work Conference, an annual meeting expected to be held in Beijing this month that also helps chart the course for the year ahead. Discussions at this year's meeting are expected to center around China's gradual recovery from the COVID-19 pandemic and its economic goals in its latest Five-Year Plan.
John Ross, a senior fellow at the Chongyang Institute for Financial Studies at Renmin University of China in Beijing, said he expects China to meet the target comfortably and show developing countries worldwide what is possible.
China's call for creation a globally recognized health certificates aimed at fast-tracking international travel prescribes the use internationally accepted QR codes, and does not require using a single platform or connecting databases of different countries, the press service of the Chinese Foreign Ministry told Sputnik.
Although the horse head went home, the dragon head, The whereabouts of the bronze statues of snake, sheep, chicken and dog heads are still unknown. In this regard, Xinhua News Agency emphasized that no matter how high the mountain is, no matter how difficult the road is, we are willing to find them and take them home with the efforts of one generation and several generations in ten or several decades!
UK-based index provider FTSE Russell announced the removal of shares of eight Chinese firms which have been blacklisted by the White House. Market concerns have been raised that it may signal a financial cold war as some financial institutions follow the Trump-led US authority to irrationally politicize economic or financial operations.
Zhao Minghao is a senior research fellow at the Charhar Institute and an adjunct fellow at the Chongyang Institute for Financial Studies at Renmin University of China. This translated and edited analysis reflects the author's views, which are not necessarily those of CGTN.
The way in which President Donald Trump messed up the US during his four-year presidency has clearly shocked the entire world. If we take a closer look at the current qualitative changes that the US is going through, we might find that there are deeper reasons why the country's social, economic and political systems have become dysfunctional, and why nothing can be done now to repair Trump's crazy acts.
On December 6, the Venezuelan people will vote for a new National Assembly. Ordinarily, there is nothing unusual about this, nor would this be newsworthy outside Venezuela. Ever since the election of Hugo Chávez to the presidency in 1998, the Venezuelan people have been used to more than one national election each year (this legislative election is the 25th in 21 years); these have been the presidential elections, the legislative elections, and the referendums to strengthen the 1999 Constitution. On the surface, this is just another one of these elections that has served to deepen the meaning of democracy in Venezuela.
Unlike Trump's obstruction, Biden may play a more significant role in boosting the revival of the WTO and could engage in constructive talks for a feasible solution on thorny issues such as the suspension of the Appellate Body, He Weiwen, a former senior trade official and a senior fellow of the Chongyang Institute for Financial Studies at the Renmin University of China, told the Global Times.
"Given Yellen's pragmatic character in her previous career and public comments showing support for open trade and globalization, it's believed that a Yellen-headed Department of Treasury will promote dialogue with China," He Weiwen, a former senior trade official and a senior fellow of the Chongyang Institute for Financial Studies at the Renmin University of China, told the Global Times on Tuesday.
China's plan to build a large hydropower project on the Yarlung Zangbo River has raised concerns in India over "potential political and ecological threats" as the river intersects Southwest China, India and Bangladesh.
It takes just four minutes for brain cells to be permanently damaged due to a severe lack of oxygen in cases of sudden cardiac arrest where professional help is not immediately available.
Nearly three weeks after voting in the general election, the United States finally initiated the power transition process.On the 23rd, the U.S. Administration of General Services wrote to the President-elect Biden of the United States, stating that the Administration of General Services is ready to initiate the transition process. This also means that the United States -elect President Joe Biden may get a presidential daily briefing, he and his team will also receive millions of dollars in bridge financing. The President-elect of the United States, Biden, who received the notification, also announced his latest nomination for cabinet members . The 6 people nominated this time are Anthony Brinken as the Secretary of State, Alejandro Majorcas as the Secretary of Homeland Security, Avril Haynes as the Director of the National Intelligence Agency, and Jack Sullivan. Served as National Security Advisor to the White House, Linda Thomas Greenfield served as the U.S. Ambassador to the United N
The biggest concern of Chinese companies listed in the US would be the potential arbitrary nature of the bill, especially given the requirement to certify that the companies are not under government control.