The executive chairman of Alibaba's financial affiliate Ant Group, Eric Jing, said during an industry forum on Tuesday that the company has acknowledged that maintaining financial security and preventing financial risks are the prerequisites for technology innovation and development in the financial sector, the state mdia reported.
The link between China and the world is Belt and Road Initiative
The commitments made by China to UN Millennium Development Goals marked the begining of a new eara of intensive presence of China.
A global battle for a green and low-carbon economy is quietly taking place. This is yet another big 2020 event that could not have been anticipated.
Before the National Assembly elections on December 6 in Venezuela, the United States government began a campaign to delegitimize the process. The U.S. government sanctioned the head of the National Electoral Council (CNE) and members of the opposition who had decided to run in the election. Just hours after the election, both the U.S. government and the European Union—as well as their allies in Latin America—announced, predictably, that the elections had been fraudulent. They did not need evidence; they did not need anything except the reiteration of the simple line that an election in a country whose government challenges U.S. authority cannot be legitimate in any way.
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.