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China’s digital sovereign currency tests give it a leg up on global peers
Beijing’s ambition to create a digital yuan used globally underscores its attempts to prepare for the future of the international monetary system amid economic decoupling with the United States.China’s central bank is moving closer to a full roll-out of its sovereign digital currency, with tests having already been conducted in pilot cities, though the formal launch date for the nation’s new digital money remains unknown.
2020-09-16 -
【CCTV】William Jones: The Unite States cannot prevent China from moving forward
Cause the important role China plays in the world economy, has played and will continue play for some time. And China is one of the first countries to be affected by COVID-19, had also the most brilliant performance. In terms of getting back to work, China is really on the forefront.
2020-09-16 -
Liu Zongyi: India hurts itself with border belligerence
Tensions between India and Pakistan have escalated since 2019. After India revoked Jammu and Kashmir's special status in August 2019, New Delhi has been concerned that Islamabad would infiltrate the regions and that more protests and uprisings may emerge there. Therefore, India has imposed coercive policy in the region. It's not surprising to see India open fire on the civilian population. New Delhi suspects that all Pakistanis in the region are so-called terrorists.
2020-09-16 -
Wang Wen:Story of China’s comeback invigorating
After I finished my research in East China's Fujian Province, a local official of Ningde gave me a book titled Up and out of Poverty, a compilation of Xi Jinping's major works from September 1988 to May 1990 while he worked in the city. Now, Ningde has completely been lifted out of poverty with its GDP per capita exceeding $12,000. It has fostered many enterprises with annual output values of tens of millions of dollars. The streets are clean and lively. At 11 pm, the night market is still bustling with lights and revelry.
2020-09-15 -
Vijay Prashad and John Ross: COVID-19: U.S. Deaths and Infections Several Times Higher Than Those in China
The United States continues to have the largest total number of cases of COVID-19. The government continues to flounder as the number of cases escalates. Not one state in the country seems immune to the spread of the disease.
2020-09-15 -
Wang Wen: Media, think tanks must stick to truth, rather than ideology, about COVID-19
I worked as a journalist for eight years, and have been the executive dean and professor of the Chongyang Institute, Renmin University of China, a leading think tank in China, also for eight years. These combined experiences give me confidence to speak about the relations between think tanks and the media.
2020-09-14 -
He Yafei: The COVID New (Ab)Normal: Cooperation a Necessity, Not an Option
The COVID-19 pandemic has been a game-changer in both domestic and global affairs which fundamentally reshaped ways of life, ways of production and the overall social fabric across the globe, overturned globalization 1.0, thus leading us into a more anarchic and riskier world for years to come.
2020-09-14 -
Vijay Prashad: Multinationals and oil companies are imposing their greed on the people of Mozambique
Three years ago, on October 5, 2017, fighters with the Al Sunnah wa Jama’ah (ASWJ) entered the town of Mocímboa da Praia in northern Mozambique. They attacked three police stations, and then withdrew. Since then, this group—which has since proclaimed its allegiance to the Islamic State—has continued its battle, including capturing the port of Mocímboa da Praia in August 2020.
2020-09-14 -
Zhao Minghao:Trump’s Second-Term China Policy
At the recent Republican National Convention in the United States, Donald Trump accepted his party’s presidential nomination and made an acceptance speech. Ignoring objections, Trump chose to conduct election campaign activities at the White House in a bid to appeal to the electorate with the grandeur of the scene topped with inflammatory language.
2020-09-11 -
Banking Sectors Of US, China To Prove Resilient Despite Posting Huge Losses In Profits
The banking industries of the United States and China, the two largest global economies, which are currently embroiled in a trade dispute, will make it through the COVID-19-induced crisis despite a huge slump in profits, analysts told Sputnik.
2020-09-11 -
Liu Yuanchun:Don’t believe the predictions of big-name economists. Keynes and Fisher are examples
Vice President of Renmin University of China Liu Yuanchun said at the 2020 Global Wealth Management Forum that it is difficult for a large number of economists and even wise men to see what is behind them. He cited the great economic crisis of 1929 as an example, and said that all the scholars and economists did not predict it, including the founders of macroeconomics. Keynes. In addition, Fisher, the best financial theory and trader in the United States at the time, called his students and friends to enter the stock market in 1928, and the crash in 1929 made him almost jump off the building.
2020-09-10 -
DANILO TÜRK : Distilled wisdom of history
Ideology is an inherent part of politics and has a significant impact on policymaking.However, at the international level, there is a strong need to move beyond ideology and define common objectives for states and adequate conceptual frameworks for cooperation.
2020-09-09 -
Lin Minwang: India”beat back and rake”! India has prepared for the worst, China cannot underestimate the situation
As we all know, the current tensions on the Sino-Indian border are caused by India’s rebellion and treachery, which seriously violated the relevant agreements, agreements and agreements between the two countries. Important consensus. So, before this, what consensus has China and India reached? In the next period of time, what direction will the Sino-Indian border tensions develop?
2020-09-08 -
Experts decry Washington's policy toward China, calls for dialogue
The United States should learn to adjust to an ever-developing China, said Wang Wen, executive dean of Chongyang Institute for Financial Studies at Renmin University of China
2020-09-08 -
Wang Wen:West needs to change its China narrative
I once thought that I could not run or do mountaineering anymore. My ankle sprain kept recurring after running multiple marathons and climbing multiple peaks over the past three years. I have paid a heavy price for my radical way of exercising. As I have recovered after several months of treatment and recovery, I stop showing off or going to the extremes, but rather pursue only a healthy lifestyle.
2020-09-08 -
Experts decry Washington's policy toward China, calls for dialogue
Experts attending an international online forum criticized the current U.S. policy toward China, and called for dialogue and cooperation between the two major countries to address common challenges facing mankind such as the coronavirus.2020-09-08 -
Liu Yuanchun：Understanding "dual circulation" and what it means for world
Ever since China's top leadership floated the new economic development pattern of "dual circulation" in May, the market is abuzz with interpretations of how the model will work and its knock-on effects on the pandemic-rattled global economy.Defined as a policy that "takes the domestic market as the mainstay while letting internal and external markets boost each other," the model has been viewed by analysts as a viable solution for China to build up resilience against external shocks and share its opportunities for development with the rest of the world.
2020-09-07 -
He Weiwen: Sprinkling Cool Water on the Fire
Chinese Vice-Premier Liu He, U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steve Mnuchin had an online dialogue reviewing the implementation of the phase one trade deal and ended on a positive note, with both the Chinese and American sides endorsing the current progress and agreeing to keep the deal on track.
2020-09-07 -
Wu Xiaoqiu: How can China's capital market opening up to a higher level?
As an important part of the financial services industry, China's capital market has been increasingly open in both directions in recent years.At the 2020 China International Trade in Services Fair held here, attention has been paid to how China's capital market opening level can be improved.
2020-09-07 -
Key meeting emphasizes dual circulation as feature of deeper-level reform
Presiding over the 15th meeting of the central committee for deepening overall reform on Tuesday, Chinese President Xi Jinping stressed that accelerating the establishment of a new development pattern featuring dual circulation, which takes the domestic market as the mainstay and allows domestic and foreign markets boost each other, is a systematic deep-level reform concerning the overall situation of the country.
2020-09-04
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