Commander-level talks between Chinese and Indian border troops were held on Monday. It was the first such meeting following the Galwan Valley deadly brawl on June 15. The dialogue is significant as the two sides are able to understand each other's bottom line better, amid the border tensions. The last round of bilateral commander-level talks was held on June 6. By then, both sides agreed to avoid escalating their disputes, to work together to uphold peace and tranquility along the border, and to create a favorable atmosphere for the sound and stable development of bilateral relations. Reports show both China and India agreed to disengage their troops in sensitive areas.
How should the world respond to the COVID-19 pandemic? How can we stabilize the global economy? Danilo Türk, former President of Slovenia and a non-resident senior fellow at the Chongyang Institute for Financial Studies at Renmin University of China, shares his views on the issue.
The Chinese Embassy in Canada slammed Canadian media for misrepresenting statements made by Michael Kovrig's wife as those of a Chinese spokesperson, and for claiming China had linked Meng Wanzhou's case to those of Michael Kovrig and Michael Spavor. A Chinese Foreign Ministry spokesperson quoted statements by Kovrig's wife in his remarks on June 24, but Canadian media deliberately reported these remarks as a spokesperson's statement, and claimed China had linked Meng's case to those of Kovrig and Spavor, the Chinese Embassy in Canada said in a statement on Saturday.
India is reportedly putting some containers from China on hold during clearance for all-round inspection and scrutiny amid the recent stand-off between the two nations, following a fatal border clash. It is a stupid choice which will backfire and hurt global industrial chains, a Chinese expert said.The latest commander-level bilateral talks have eased tensions between the two countries, and India, after a deadly provocation, realized it was not wise for the country, Long said. He thinks the scenario will not last long due to India’s huge economic costs
President Donald Trump on June 17 signed into law the Uygur Human Rights Policy Act of 2020. The legislation is based on the fallacious argument that what China is doing with its law enforcement measures in Xinjiang, which have been highly exaggerated in the Western media, is not to prevent terrorism, but rather to oppress the Uygur population. But the nature of this bill has little to do with any alleged “compassion” toward an “oppressed minority,” but rather is a matter of pure politics and an integral part of a consistent policy of containing China.
What will happen when the international community contains the nightmarish novel coronavirus pandemic? Avoiding easy comparisons, it is worth recalling how 10 years ago Western pundits prophesied a complete transformation of the world economic order when in reality nothing significant has changed. But despite not knowing much about the future, we can be almost certain that after the pandemic, China will be in a completely different position.
The Europe and China attached greater importance to pragmatic cooperation, despite some Western media described that the EU-China summit on Monday concluded with more differences than consensus. Chinese observers on EU affairs pointed out that EU defending their so-called values by bringing up a number of issues such as Hong Kong, Xinjiang and human rights could be interpreted as building a "spiritual fortress" in the face of China's growing influence.
Both China and EU do appear to be keen to make progress. Wang Wen, the Executive Dean of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), interviewed by Russia's top international media "Russia Today" (RT) and shared his opinions on the chances of a major breakthrough. The following is the full text of the interview.
Large-scale demonstrations are taking place across the US, during which protesters appeal for justice for African Americans and other ethnic minorities in the US. They demand an end to racial discrimination and police brutality. In this regard, the UN Human Rights Council has every reason to intervene and take action. It was indeed the relatives of Floyd and other victims of police violence, along with hundreds of human rights groups, that urged the UN Human Rights Council to investigate racism in the US.
In response to the United States irresponsible remarks on China's human rights, CCTV gave an exclusive interview with John Ross, the senior fellow of Chongyang Institute for Financial Studies at Renmin University of China (RDCY) on this issue.
On June 20, Trump held a comeback campaign rally in Tulsa, Oklahoma. Compared with Trump campaign's previous boast that more than one million people had requested tickets to attend, the crowd at the rally was actually not very big. The low turnout at the rally has drawn mockery from American media and many Democrats. Although the rally was quieter than expected inside the arena, the scene outside was pretty boisterous. Over the past few days, many anti-racism protesters have gathered in this small city. There were so many of them that the mayor of Tulsa even imposed a curfew on the grounds of preventing riots.
The COVID-19 epidemic has had a negative impact on global economic development in 2020, and the recovering Chinese economy has also been affected by the uncertain global economic and trade situation. How should China respond to these challenges? And what are the expectations of China's economic development in the second half of 2020? In the psot-epidemic era, what new changes will occur in the world economy? John Ross, senior fellow of RDCY, was interviewed by CCTV and shared his opinions on China's economy.
The 22nd EU-China summit took place on Monday via videoconference during which Chinese President Xi Jinping and Premier Li Keqiang met with Charles Michel, President of the European Council, as well as Ursula von der Leyen, President of the European Commission. Issues addressed at this virtual meeting included cooperation on the COVID-19 response, China-US relations, and other global and regional issues.
It is unrealistic to think that there aren't negative things happening in China. Unfair even evil deeds do take place from time to time. The burden to reduce poverty and increase employment remains heavy. The Chinese people have undergone a difficult time in fighting the novel coronavirus. When observing anything under a microscope, bacteria and dirt will always be spotted. It has to be understood that China's great changes and structural trends have varying degrees of good and evil, positive and negative, with progress and setbacks.
The battles between Beijing and Washington have so far emerged on almost everything – technology, trade, investment, supply chains, journalists, responses to demonstrations, COVID-19, etc. Who, if any, can cool down this situation? Perhaps, other influential "global players" can play a role? But who are those "global players"? Russia now will not be able to mediate since it is openly not on the same side with the U.S. Thus, I would like to look into relationships within the U.S.-EU-China triangle.
The Symposium on the BRI Development in the Post-epidemic Era And Bbelt And Road” Encyclopedia Online Book Launch on the June 17, 2020 was hosted by the Secretariat of the Silk Road Think Tank Association(SRTA) and organized by the Chongyang Institute for Financial studies, Renmin University of China (RDCY), China Center for Contemporary World Studies (CCCWS), and International Department of the Central Committee of the Communist Party of China (IDCPC). Nearly 20 politicians, officials and scholars at home and abroad participated in the seminar to exchange their opinions and suggestions on the high-qualified construction of BRI with netizens. The moderator is Wang Wen, the executive dean of RDCY.
U.S. President Trump on June 16 signed an executive order mandating a thorough reform of the local and state police forces. While the federal government does not control law enforcement on the state and local level, these being left to the states, the federal government can and does set the requirement to which the states and local jurisdictions must adhere.Very few people have expressed much reaction to the president's measure, many considering it too little and too late. And so the demonstrations will continue. And at this point, as we are approaching the presidential elections, they have become an important element in the Democratic campaign to unseat Trump.
China's Ministry of Commerce (MOFCOM) on Thursday issued a draft to solicit public opinion on the administrative measures for foreign investment in listed Chinese companies. It proposed an effective easing of the investment threshold by lowering the total asset requirements for foreign investors that are not controlling shareholders. Required assets of foreign shareholders will be reduced to $50 million from $100 million, and assets they manage will be cut to $300 million from $500 million, noted the ministry. The lock-up period for foreign investors' holdings will be adjusted from three years to 12 months.
US President Donald Trump signed the Uygur bill on Wednesday, claiming to protect human rights in Northwest China's Xinjiang Uygur Autonomous Region thousands of miles away from the White House. Wednesday is the last day before the legislation takes effect automatically. On the same day, China's State Councilor Yang Jiechi and US Secretary of State Mike Pompeo met in Hawaii as tensions escalated between the two countries.
China released a plan Thursday to lower the threshold for foreign investment in listed Chinese companies, a move that an expert said is set to advance the internationalization of the domestic capital market as the country's pursuit of high-quality growth welcomes more global participants. The Ministry of Commerce issued the draft document to solicit public opinion on administrative measures for foreign investment in listed Chinese companies.