The U.S.-China Dialogue with Dr. Michael Swaine, Amb. He Yafei and Helena Cobban

The balance of power has been shifting all the time, especially between the major powers. And it has been obvious that it picked up speed in the past 20 years, especially in the last 20 years. Broadly speaking, what we've called “the great convergence” has been the historical hallmark of the second part of the last century and also the first two decades of this century.

【2020-10-19】Wu Xiaoqiu: “14th Five Year” Plan and Crossing Middle-Income Trap

Main Points:
（1）The background and significance of“14th Five Year” Plan.
（2）The definition and phenomenon of “Middle-Income Trap”.
（3）Why the country cannot escape from the“Middle-Income Trap”.
（4）The new world map provides a brand-new world view for the whole society.

 Amb. He Yafei and Dr. Michael Swaine on the U.S.-China balance in Asia

 Amb. He Yafei and Dr. Michael Swaine on the U.S.-China balance in Asia

Digital yuan test draws 2m applicants

Future trials may be carried out in Shanghai's Pudong because Shanghai, as an international financial center and international trade port, can provide a variety of application scenarios for DCEP, while technological innovation is major driver of Pudong's development

Vijay Prashad:Venezuela’s Ability to Fight COVID-19 is Badly Hamstrung by the 31 Metric Tons of Gold Stolen From Its Treasury

On October 5, 2020, the England and Wales Court of Appeal overturned a lower court decision from July that denied the Venezuelan government access to 31 metric tons of its gold stored in the Bank of London. No one denies that the gold belongs to the Venezuelan government. However, the bank refused to give the government of Venezuelan President Nicolás Maduro access to the gold; following the UK Foreign Office’s example, the bank said that the actual president of Venezuela was Juan Guaidó.

Wang Yong: The Impact of the Pandemic on China and Its Relations with the World

The Covid-19 pandemic is perceived as the worst global crisis since 1945, with UN Secretary-General Antonio Guterres calling it “the greatest challenge in the 75-year history of the United Nations.” In a telephone conversation with Guterres, Chinese President Xi Jinping said, “the Covid-19 outbreak once again shows that mankind is a community with a shared future, and the international community must foster a sense of community, help each other, and work together to tackle risks and challenges to build a better home for the planet.”

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