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John Ross: Huawei access to 5G in UK involves a struggle as Washington continues interference
Over the weekend, the UK's Sunday Times leaked information about a fight taking place within the British government over whether or not to allow Huawei to participate in Britain's development of its 5G network. It is directly in the UK's economic interest that Huawei participates in developing the country's 5G network. But this involves a struggle in the coming weeks as it is clear that the US' Trump administration is continuing to intervene in the internal affairs of not only China, but of the UK.
2019-11-01 -
Ding Gang: China’s growth inseparable from its system
In the article "Farm lessons from China" published on The India Express, Indian scholars Ashok Gulati and Sakshi Gupta suggest that India should pay attention to China's three lessons to improve agricultural production. First, China spends a lot more on agriculture knowledge and innovation system (AKIS), which includes agricultural R&D and extension. Second, the incentive structure as measured by producer support estimates (PSEs) is much better for Chinese farmers than Indian farmers. The third lesson pertains to direct income support schemes.
2019-10-31 -
Zhang Jingwei: Romance of the Three Kingdoms, US, China and Japan
In the afternoon of October 22, the enthronement ceremony for Japan’s new Emperor Naruhito was held. Distinguished guests who witnessed the event included heads of states, royalties and high-ranking government officials from about 180 countries. Among them was Wang Qishan, President Xi Jinping’s special envoy and China’s Vice President. Attention was quickly drawn to a few noteworthy observations. Of the special envoys who attended the ceremony, Vice President Wang was of the highest level – i.e., a full state-level representative. In contrast, the US only sent a ministerial-level dignitary.
2019-10-30 -
RDCY attends the 15th World Chinese Entrepreneurs Conference (WCEC)
On October 21-23, the 15th World Chinese Entrepreneurs Conference (WCEC) was held in London, England. The theme of this conference is "The New World, New Opportunities for Chinese Businessmen", which attracted more than 3,000 entrepreneurs, government officials and scholars from more than 60 countries. Wang Wen, Executive Dean of the Chongyang Institute for Financial Studies, Renmin University of China (RDCY) and Deputy Dean of the Silk Road School, Renmin University of China, was invited to attend and delivered a keynote speech at the conference. At the closing ceremony, the research report "World Chinese Entrepreneurs in the Era of Great Changes: From History to the Future" was released by WCEC and RDCY.
2019-10-29 -
John Ross: HK radicals can't succeed
Hong Kong is part of China and the rioters have "zero chance of success" of separating the city from its motherland, an economic policy expert has said. " (For) the people who lead these protests, their demands are not the ones that they put forward, and what they really want is the separation of Hong Kong from China," said John Ross, a senior fellow at the Chongyang Institute for Financial Studies at Renmin University of China, on Thursday.
2019-10-29 -
Wang Wen: Hong Kong should be wary of US interference
There is another thing I cannot understand. It has been 22 years since Hong Kong returned to the motherland. Why do so many youngsters still not recognize their motherland? Why don't they respect the rule of law and social order? Why do they prefer violence? As one of the most competitive cities in the world, Hong Kong's educational and social elites have to rethink these questions. However, just as the Chinese word weiji, literally crisis, is a combination of the words "danger" and "opportunity," the social crisis of Hong Kong in 2019 is also an opportunity for the city to seek change and take off again.
2019-10-29 -
He Weiwen: Will China’s GDP Growth Slip Below 6%?
The latest official data shows that the Chinese economy slowed further in the third quarter this year, with its GDP growth rate of 6.0 percent, which is down from 6.2 percent in Q2 and 6.4 percent in Q1. The first three quarters combined had a rate of 6.2 percent, down from 6.3 percent in the first half of the year. The past seven quarters since Q1 2018 have seen uniform economic slowing, with the quarterly GDP growth rate of 6.8 percent in Q1 2018 dropping to 6.7, 6.5, 6.4, 6.4, 6.2 and 6.0 for each subsequent quarter, respectively. If this trend continues, Q4 2019 GDP growth seems poised to slip below 6.0 percent.
2019-10-28 -
City needs reform strategy to overcome difficulties
Hong Kong needs its own reform strategy to address the city's deep-rooted social issues, to enhance economic competitiveness and strengthen its role in the Guangdong-Hong Kong-Macao Greater Bay Area, experts say. Hong Kong is a gateway to China and therefore it will have the advantage of being the contact with the Chinese mainland market, said Ross, who is also a senior fellow at the Chongyang Institute for Financial Studies at Renmin University of China
2019-10-28 -
Lin Minwang: China and India, Looking Into the Future
Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held their second informal meeting on October 11-12 in the southern Indian city of Chennai. During the meeting, Xi said China and India, as ancient civilizations with several thousand years of history, have carried on exchanges and mutual learning until the present. The two countries’ ancestors overcame various obstacles to carry out extensive exchanges and promote the development of literature, art, philosophy and religion, which have greatly benefited both sides.
2019-10-25 -
Wang Wen& Liu Ying: Ten areas where China and US need to focus
Substantial progress has been made in the latest round of China-US trade consultations on October 11. The volatile trade dispute which has taken global economic circles by storm over the past year and a half hasn't led to the collapse of the two countries' trading relationship in at least 10 fields. Cooperation in ties hasn't evaporated but rather seems to be strengthening. Enhancing cooperation in these 10 areas will not only be a key to stabilize ties but also an effective way to reverse global pessimism.
2019-10-25 -
Liu Zhiqin: Hong Kong-Zhuhai-Macao Bridge—— A bridge towards common prosperity
The Hong Kong-Zhuhai-Macao Bridge is a very spectacular mega project. I can't help but marvel at the ingenuity and incredible fortitude of Chinese tech experts and the engineering construction teams who have created the world miracle. The completion of the Bridge is of great significance to the construction and economic development of the Greater Bay Area, as demonstrated in the following three aspects. The bridge has greatly enhanced the connectivity between Hong Kong, Zhuhai and Macao, underpinning the development of the Greater Bay Area.
2019-10-25 -
Ding Gang: What affects everlasting peace in East Asia?
I attended the 7th China-ROK Public Diplomacy Forum held from October 16 to 18 in Incheon, South Korea. The theme of the first session focused on peace and cooperation in Northeast Asia. During the tea break, a member of the South Korean audience walked up to me and asked very inquisitively: "Can you [China] defeat the US?" What he was referring to is the trade war. I replied that first it is not an issue about victory or defeat. Second, China is not trying to defeat the US, which is not capable of vanquishing China.
2019-10-24 -
Can tragedy of great power politics be avoided?
At "A dialogue between Prof. John J. Mearsheimer and Prof. Wu Xiaoqiu: Will the US and China be falling into 'the tragedy of great power politics?'" organized by Chongyang Institute for Financial Studies, Renmin University of China, on October 15, Mearsheimer and Wu exchanged insights on China's rise, China-US relations with the audience.
2019-10-23 -
Grudges behind India's academic restrictions against China
India's new restrictions on academic exchanges with China immediately triggered widespread speculation. Highly vigilant of China's rapid rise, the Indian government has been known for its strict scrutiny of collaborative programs involving Beijing. But still, the new regulations – all Indian educational institutes need a nod from the Ministries of Home and External Affairs before seeking tie-ups with Chinese counterparts – is jaw-dropping for the academic circle.
2019-10-22 -
Wang Wen: Finance trumps military power in global politics
We think tank scholars often summarize the lessons of the US decline. A major lesson is that the successful great power of the 21st century must rely not on squeezing others but on its own governance. If in the future, China gets an upper hand on the US in infrastructure, 5G, social security, quality of life, technological innovation and education, Beijing will emerge the obvious winner. But this can't be achieved by tragedies precipitated by military or other conflicts. Hence we need to avoid conflict with the US.
2019-10-22 -
Regional security architecture should emphasize inclusiveness
The 9th Beijing Xiangshan Forum kicked off in Beijing on Monday. Chinese State Councilor and Minister of National Defense Wei Fenghe delivered a keynote speech at the opening ceremony. Wei clarified China's position on a variety of key issues. Minister Wei pointed out that regional affairs should be handled by regional countries. China is gaining an increasing influence in the Asia-Pacific region and has an increasing problem-solving capability regarding regional affairs, including security issues. China believes that regional affairs must be solved by regional members through cooperation and coordination.
2019-10-22 -
He Weiwen: America is Yielding China Trade to ASEAN and EU
Official Chinese customs data for H1 2019 shows that the U.S. was replaced by ASEAN as China’s second largest trading partner. The predominance of Asia and Europe in China’s global trade pattern does not mean that China neglects trade with the U.S. On the contrary, China attaches great importance to a strong, stable, and sustainable trade relationship with the U.S. The early conclusion of an equal and mutually beneficial trade deal will certainly be good for the U.S., for China, and for the whole world.
2019-10-21 -
William Jones: Is mob rule taking over in Hong Kong or in the U.S. Congress?
On October 15, the U.S. House of Representatives passed on a voice vote, the Hong Kong Democracy and Human Rights Act. This legislation would give the right to the U.S. Congress to determine whether or not Hong Kong, a legitimate part of China, has maintained the autonomy granted to it by China's central government under the "One country, Two systems" principle. If they judge that it hasn't, the U.S. will reserve the right to withdraw the status of Hong Kong as a free market.
2019-10-18 -
Ding Gang: China, South Korea cross paths in industry
South Korean tech giant Samsung reportedly shut down its last mobile phone factory in China in early October, signaling the chaebol's complete withdrawal from the burgeoning smartphone industry in the world's second-largest economy. This is an obvious result of industrial competition between China and South Korea, prompting the warning that intensifying competition between the two countries' industries can't be ignored.
2019-10-17 -
Expert on 'substantial progress' of China-U.S. trade talks
Negotiators say "substantial progress" has been made after two days of trade talks between China and the United States. They discussed agriculture, intellectual property and expanding trade and technology transfers. Chinese President Xi Jinping said a healthy and steady relationship is good for both countries and the world. And U.S. President Donald Trump gave "tremendous credit" to China for the progress in talks. The two sides also agreed to work towards a final agreement.
2019-10-16
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