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Conway's departure deepens negative image of Trump administration, shows a society divided by politics
Few days after Steve Bannon, former advisor of US President Donald Trump, was arrested and charged with fraud, another long-standing advisor Kellyanne Conway announced on Sunday to leave the White House, which observers believe may deepen the negative image of Trump administration and update people's impression to the world largest power.
2020-08-25 -
Djoomart Otorbaev: A road trip in Gansu shows effectiveness of campaign to end poverty
At the end of July 2019, I visited the Gannan Tibetan autonomous prefecture in Gansu province that has a population of about 700,000. We drove 230 kilometers from Lanzhou, capital of Gansu, to Hezuo, the prefecture seat area of Gannan, on a first-class highway through picturesque landscape, and passed through many excellently designed and built tunnels several kilometers long. The cost of building those tunnels alone could easily be in billions of dollars. And to think that China has spent such a huge amount just to make the lives of less than 1 million people better.
2020-08-24 -
【CGTN】Experts analyze top Chinese diplomat's visit to South Korea
China's top diplomat Yang Jiechi visits the South Korea city of Busan. Yang will meet South Korean National Security Advisor Suh Hoon. The meeting has major geopolitical as well as post-pandemic implications. CGTN Host Tian Wei speaks to scholars from China and South Korea to shed light on this groundbreaking meeting.
2020-08-24 -
Positive signal for trade talks with US
China has approved plans by US-based asset manager BlackRock Inc, together with Singapore's Temasek Holdings and China Construction Bank Corp (CCB), to establish an asset management joint venture in China, a move industry observers said sends a positive signal ahead of a much-anticipated call between China and the US over the phase one trade agreement in the coming days.
2020-08-24 -
Regulators investigating Next Digital's abnormal trading prices
Hong Kong market regulators have questioned some securities firms and requested customer information and transaction records regarding the "abnormal stock prices and trading volume" of Jimmy Lai Chee-ying's media firm Next Digital, local media on.cc reported Thursday. Shares of Next Digital plunged by 41.54 percent Thursday to close at HK$0.38 ($0.049). Chinese analysts said the roller-coaster performance of Next Digital shares over the past few days showed signs of international capital making a splash at a time of Lai's arrest and bail.
2020-08-21 -
【Shenzhen TV】Liu Zhiqin: It's not that easy to threaten China with SWIFT
On Aug. 19, Liu Zhiqin, said in an interview with Shenzhen TV that from the situation in Hong Kong, the United States may impose financial sanctions on some individuals and enterprises, etc., to restrict the receipt and payment of funds through SWIFT, but to kick the whole Hong Kong out of SWIFT completely is very complex and sensitive, almost impossible. Because Hong Kong belongs to the most important re-export trade and international financial center in Asia, the US has huge economic, trade and financial interests in Hong Kong, and excluding Hong Kong from SWIFT will not only affect Chinese institutions and Hong Kong, but also all international institutions in Hong Kong will be seriously affected.
2020-08-21 -
【Beijing TV】Liu Zhiqin gave an interview about Sino-US trade on Aug.17
Liu Zhiqin, a senior fellow of the Chongyang Institute for Financial Studies, Renmin University of China (RDCY), said in an interview with Beijing TV on the integration of Sino-US economic and trade that the focus of internal conflicts in the United States has shifted, and the panic on Sino-US economic and trade issues has been temporarily shelved.
2020-08-21 -
Hopes slim for US TikTok employee’s lawsuit against US government: lawyer
A US TikTok employee is reportedly seeking to file a lawsuit against US President Donald Trump's administration, but observers said there is little chance of winning the case. However, the company could find other legal strategies to defend its rights, they said. Patrick Ryan, a TikTok employee in the US, has started a crowdfunding campaign to raise funds to sue the Trump administration over the executive order forcing the sale of the US branch of the company.
2020-08-20 -
Vijay Prashad: The tragic assassination of Colombia’s sports hero Patrón, lover of football and his Afro-Colombian community
Not much, apart from football, unites the Colombian people. If a 2014 Interior Ministry survey called “The Power of Football” is to be believed, then 94 percent of the Colombian population say that football is either important or very important. Patrocinio Bonilla—called Patrón—was on the side of those who believed that football was very important, indeed essential. Patrón was murdered on August 11, 2020. Patrón lived in Chocó in northwestern Colombia, where 96 percent of the people identify as Afro-Colombian or as part of the Emberá Indigenous community. Chocó is treated as a backwater of the country, with no real infrastructure in the province’s expanse and little social policy to enhance the lives of its population.
2020-08-20 -
Biden 'smoother' to deal with
Although most observers, polls and surveys made by US media outlets and institutes, as well as Chinese experts predicted that Joe Biden could defeat Donald Trump to become the next US president in the November presidential election, but if Trump is reelected, it won't become another Black Swan incident like his victory in 2016. Biden was officially nominated as the Democratic Party's presidential candidate at the party's convention Tuesday. The Democrats' national convention showed unity as all senior members and several former Democratic presidents endorsed Biden.
2020-08-20 -
Liu Ying: Debt risks should be reduced to ensure smooth economic recovery
Guo Shuqing, chairman of China Banking and Insurance Regulatory Commission, has once again emphasized the importance of reining in financial risks, especially because the novel coronavirus pandemic has created uncertainties in China's external market and put downward pressure on the domestic market. That Guo's article, first published in Qiushi magazine, was also posted on the central bank's website on Sunday shows how important it is to control the financial risks.
2020-08-19 -
William Jones: Who should be blamed for deteriorating US-China ties?
It's perhaps understandable that some people may try to do self-examination of China policy at a point when US-China relations have slid to an unexpected low. But it is hard to see that China could have done anything differently to change the situation short of reneging on some of its most essential goals in the process of China's emergence as a major power on the world stage. In fact, compared to all the other countries in the world, China did everything right.
2020-08-19 -
Vijay Prashad & Manuel Bertoldi: Will there ever be elections again in Bolivia?
On November 10, 2019, President Evo Morales Ayma of Bolivia announced his resignation from the presidency. Morales had been elected in 2014 to a third presidential term, which should have lasted until January 2020. In November 2019, protests around his fourth electoral victory in October led to the police and the military asking Morales to step down; by every description of the term, this was a coup d’état. Two days later, Morales went into exile in Mexico.
2020-08-19 -
John Ross: UK's COVID-19 economic fallout: Is the worst behind us?
As governments around the world seek to save lives by slowing down the spread of the coronavirus, they have to take dramatic measures, with big implications for economic activity. John Ross, former Director of Department of Economy and Business Policy in London and senior fellow at Chongyang Institute for Financial Studies of the Renmin University of China, shares his thoughts on the economic impact of the coronavirus pandemic across the UK.
2020-08-19 -
Belarus unrest ‘won’t shake BRI cooperation’ with China
The ongoing protests in Belarus, a vital traffic hub in Eurasia, will not pose threats to the country's cooperation with China, especially on projects under the Belt and Road Initiative (BRI), and companies in the key industrial park and Chinese scholars are speaking highly of bilateral relationship. An employee of The China-Belarus Great Stone Industrial Park reached by the Global Times on Monday said that most of the Chinese companies in the park were not affected by the social unrest in Belarus, and the BRI projects in the country were unlikely to be impacted in the future.
2020-08-18 -
【CODEPINK】 John Ross: China is Not Our Enemy
There is a conversation "China is Not Our Enemy" with Jodie Evans, CODEPINK cofounder, and John Ross- A Senior Fellow at Chongyang Institute, Renmin University of China (RDCY), one of China's most important Think Tanks and the former director of economic and business policy in the administration of Mayor of London, Ken Livingston. John has been writing on China for 25 years and will be giving us a deeper look into China from the inside.
2020-08-18 -
Peter Koenig: IMF and WEF – From Great Lockdown to Great Transformation. The Covid Aftermath
The WEF is an NGO, registered in a lush suburb of Geneva, with ambitions towards worldly power command. The IMF, created under the UN Charter, is an official international financial organization – one of the two Bretton Woods Institutions, the other one being the World Bank. The IMF was created to watch over and regulate the world monetary conundrum. Both, IMF and WB, are controlled by veto-power by the US Treasury. The discourse of both, the WEF and the IMF, is to “doing as much good to a covid-disaster stricken world as we can.” None of them mentions how their actions will put the world – especially the developing world, into even deeper ‘sustainable’ disaster.
2020-08-17 -
Zhao Minghao: China's multi-layered countermeasures against US
In the face of rounds of full-scale offensives launched by Washington against Beijing, some voices think China's countermeasures are not robust enough. But the fact is that when Beijing takes countermeasures, these measures must be proper responses. Tense issues relating to Taiwan, Hong Kong, the South China Sea and TikTok have recently been worsened by Washington. These are a combination of re-election tactics and profound changes in US policy toward China. Obviously, when Beijing responds to Washington, Beijing needs comprehensive considerations that blend its short-term and long-term interests.
2020-08-17 -
Czechs cold to Pompeo’s anti-China lobby
Chinese observers said that Central and Eastern Europe, which were torn apart by ideology during the Cold War, should not be fooled by US Secretary of State Mike Pompeo, who obviously still lives with a Cold War mindset, desperately trying to form anti-China cliques with his trip to the region. Three weeks after Mike Pompeo's infamous anti-China speech, which was widely considered a historic mistake, Pompeo on Tuesday began his visit to four central and eastern European countries—the Czech Republic, Slovakia, Austria and Poland.
2020-08-14 -
He Yafei: Avoiding the US trap
There are not many reasons to be optimistic about China-US relations, which some people say have entered their darkest phase. But what is the real picture like? Graham Allison, a political scientist and professor at the Kennedy School of Government at Harvard University, has used the term "Thucydides trap" to describe the confrontation between the United States, as the dominant power, and China, as the rising power. According to the "Thucydides trap", a rising power challenges the dominance of an established power, but in reality it is the United States that is provoking a new Cold War against China, and has even described its differences with China as a "clash of civilizations".
2020-08-14
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