Wang Wen: Is US a ‘financial zombie’ going bankrupt?

In an essay co-published by my colleagues and me in the latest edition of the renowned Chinese journal Contemporary International Relations, we revealed our findings that the US is becoming a "financial zombie."

Opening-up key to dual circulation

To realize the goal of raising China's per capita GDP to the average in developed countries by 2050, our country should maintain an average growth rate of 4.8 percent annually in the next 30 years

Liu Dian: Will WeChat Pay and Alipay be the next victims of US sanctions?

The Trump Administration is considering limiting the activity of Chinese payment services Alipay and WeChat Pay, media report. They emphasize that national security could be the reason for such restrictions.

Liu Zongyi: US, India to remain strange bedfellows regardless of any military pact

With over 10 days before the US-India 2+2 Ministerial Dialogue between the foreign and defense ministers of the two sides, which will reportedly take place on October 26 and 27, some Indian media outlets have already started hyping up a deal to be signed - the Basic Exchange and Cooperation Agreement (BECA) for geo-spatial cooperation. They have a reason to cheer - the signing of the deal would mean the establishment of a basic military alliance between them.

Chinese Exports to the U.S. Get a Lifeline From Coronavirus-Related Demand

Chinese language shipments of virus-related items to the U.S. have helped the nation offset sharp drops in its prime export classes on account of Washington’s tariffs and the worldwide economic downturn.

Liu Zhiqin: The US decision on China is“imminent”? China must guard against it, only stand up

China’s just-concluded National Day and Mid-Autumn Festival has just concluded hundreds of millions of Chinese people trapped in the”epidemic haze”, ecstatic, rushing to all directions, knowing the way Blocked, biased towards blocking the road. Long-lost lively noises appeared throughout the country. People are intoxicated with the joy and excitement of the initial recovery of the serious illness and the initial disappearance of the epidemic.

Peter Koenig: Towards a New Gold Standard? Or a Currency War with China?

Rumors have it that the remaining months of 2020 may bring drastic and explosive changes in the world’s financial system. But such “doomsday” rumors have been floating around every beginning of fall during the last few years. Why? – The US dollar is getting weaker and weaker. It is not quite on a free fall, but still remains a major trading currency and a key world reserve currency. And for many economists that’s difficult to understand.

Swiss airport retailer Dufry forms JV with Alibaba to tap into China's duty-free market amid pandemic

Switzerland-based airport retailer Dufry AG said Monday it will form a strategic joint venture (JV) with Chinese e-commerce giant Alibaba in China, in a move to grab a piece of cake of China's booming duty-free retail sector at a time when international travel has been severely impacted by the global pandemic.

He Yafei:New Strategic Thinking Post-Pandemic

The critical role the coronavirus pandemic has been playing in world history cannot be overstated. It’s a game-changer that has turned the world upside-down and topsy-turvy. Few countries can claim they are certain of the future, or ready for it, because what faces us in the foreseeable future is a mess of uncertainties and unfathomable pitfalls. We need to clear our collective heads and devise new strategies to meet ever-greater global challenges ahead.

【Valdai Club Expert】Wang Wen: While Companies Are Rising, Countries Are Weakening

The COVID-19 outbreak is disintegrating the original governance system, and the international power structure is further fragmented, stratified, and regionalized. As I mentioned in an article I once wrote, the era of globalization dominated by one country or group of countries has come to an end. The international order cannot be dominated by G2, G7, or G20. Instead, “n” forces may influence or dominate different global events at different levels, which we call “Gn”.

Vijay Prashad And John Ross：Why America’s economic war on China is failing

President Donald Trump, supported by most of the US establishment, deepened the government’s assault on the Chinese economy. The “trade war” seemed to play well with Trump’s political base, who somehow hoped that an economic attack on China would miraculously create economic prosperity for them.

William Jones: Congress gripped by new wave of McCarthyism

A new report by the congressional "China Task Force" issued on September 30 reflects and expands on the new wave of McCarthyism now sweeping through Washington like a rapidly spreading virus. The authors of the report, House Republican Leader Representative Kevin McCarthy (no relations to Joe McCarthy according to reports) and Democrat Michael McCaul, the chairman of the task force, attempted to get House Democrats to sign on to their report, but failed, perhaps more for petty political reasons than for real philosophical differences.

William Jones: Secretary Pompeo Can Pompeo’s anti-China rhetoric gain attention in Asia-Pacific?

After a whirlwind tour of Europe to rally the European Countries around his Anti-China crusade with mixed success, U.S. Secretary of State Mike Pompeo now turns his attention to the Asia-Pacific.

Vijay Prashad: How Ecuador’s democracy is being suffocated

HSBC stages 9.2% rebound after Ping An increases stake

The shares of British bank HSBC rose 9.22 percent on Monday to close above HK$30 ($3.87), the biggest single-day gain since 2009, after plunging to a quarter-century low last week amid scandals that may land the lender on China's unreliable entity list.

Global governance likely takes regional form in post-pandemic era

Editor's Note:Under the theme "International Order and Global Governance in the Post-COVID-19 Era," the Lanting Forum was held at China's Ministry of Foreign Affairs on Monday. RDCY is one of the organizers, the forum gathered officials, scholars and economists worldwide to participate. The following are speeches given by three speakers.

Wang Wen: New worldview opportunities for China

During my lectures to business people in recent months, I have noticed new changes in their attitudes. They were concerned about China-US relations in the past. Now, entrepreneurs care more about the rest of the world. For example, which countries in Asia, Africa and Latin America have more potential for investment? How might the future landscape of the global investment climate look like? Which countries in the Belt and Road Initiative (BRI) route have stable political situations?

Wang Yi: The Only Viable Choice for the International Community: Strengthening Solidarity and Cooperation, Rejecting Confrontation and Division

Editor's note: Under the theme “International Order and Global Governance in the Post-COVID-19 Era,” the Lanting Forum was held at China’s Ministry of Foreign Affairs on Monday. Jointly hosted by the China Public Diplomacy Association and the Nizami Ganjavi Internatinal Center, the forum gathered officials, scholars and economists worldwide to participate, organized by Institute for Global Cooperation and Understanding at Peking University,The Center for International Security and Strategy at Tsinghua University (CISS), Chongyang Institute for Financial Studies at Renmin University of China(RDCY). The following are speeches given by H.E. Wang Yi, State Councilor and Minister of Foreign Affairs at the Opening Ceremony of The Lanting Forum on International Order and Global Governance In the Post-COVID-19 Era,Beijing, 28 September 2020.

Two books of RDCY were selected for the 2020 China Classics International Publishing Project funding project

On September 23th, the 2020 China Classics International Publishing Project was publicly announced that 107 titles of books from 70 publishers were officially identified as this year's funded projects. Two books from Chongyang Institute for Financial Studies, Renmin University of China（RDCY) were selected,“Wealthy and Strong Country”, published by Renmin University of China Press, and“Profound Changes Unseen in Centuries”, published by Beijing Normal University Press.

William Jones: Fallacies form US strategic thinking about China

Over the last year or so, US political debates have experienced a "sea change" in thinking with regard to China. Some attribute this to the election of Donald Trump, a political "outsider" who beat the odds and was elected president of the US. And, indeed, Trump wanted to change the direction of policy in Washington.