During my recent trip to Japan, a friend told me that the elevators in the building of a Chinese institution in the country had been used for nearly 20 years and never had a malfunction. Maintenance personnel come to inspect and maintain the elevators regularly.
The US administration is said to be gearing up to unleash another "trade bomb" to scare China: increase tariffs on 200 billion US dollars' worth of goods from China from 10 percent to 25 percent, thus igniting chaos and concern in the world market.
The visit to China by Jeremy Hunt, the British Foreign Secretary, has raised hopes that the 'golden age' of China-UK relations, established under former UK Prime Minister David Cameron, will be maintained. During that period Britain sought excellent economic relations with China, took independent steps in foreign policy such as joining the Asian Infrastructure Investment Bank despite US opposition, and minimized provocative attempts to interfere in China's domestic affairs in Hong Kong and elsew
US Secretary of State Mike Pompeo said during the 2018 Australia-United States Ministerial Consultation meetings that he was confident South Pacific countries would choose the US over China, despite the Asian power's move to make economic and strategic advances at small island nations. The remarks have caused concern that the South Pacific region is becoming the stage for new cold-war strategic competition between China and the US.
For a long time, the traditional pattern of development has significantly promoted economic growth and globalization. On the other hand, it has also faced many challenges.
That “China is a currency manipulator” is a lie spread out by the US for many years. We found it very interesting that whenever the US met economic problems it used to blame China as a currency manipulator and even threaten to impose punishment on China.
The 10th BRICS Summit kicked off Wednesday in Johannesburg, South Africa. Under the theme "BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution," the summit has designed an extensive outreach program that engages chair countries of various African organizations based on the BRICS-plus mechanism proposed by the Xiamen Summit last year. Countries including Rwanda as chair of the African Union, Angola as chair of the SADC Organ, Namibia as incom
The leaders of the BRICS countries – Brazil, Russia, India, China and South Africa – meeting in their annual summit this year in Johannesburg represent 41 percent of the world's population. This by itself makes it a key international event – a type of equivalent of a G7 for developing countries. But BRICS represents a greater proportion of world economic growth than the advanced G7 economies.
The change in the way Americans look at Chinese students in the US is in line with the American mind-set of looking at China. This would help us gauge the public opinion about President Donald Trump's trade war with China.
Open to trade is one of the driving forces of China's economic growth, which will continue to grow at about 6.5 percent, said John Ross, Senior Fellow at Chongyang Institute for Financial Studies, Renmin University of China.
Joe Courtney, ranking member of the Seapower and Projection Forces Subcommittee of the House Armed Services Committee, recently speaking at Hudson Institute accused China of challenging the "70-year reign of freedom of navigation" and trying to change the "peaceful rule of law that existed in the maritime realm." The accusation is nothing new compared to what the US has leveled over the past few years.
When describing Sino-Pakistani friendship, people often use words like higher than the mountains, deeper than the sea, sweeter than honey, harder than steel, and more precious than the eyes. The two countries have established an all-weather and all-round strategic partnership that is time-tested and is a model for other countries with different social systems to build good neighborly relations.
As a multilateral cooperation platform for Brazil, Russia, India, China and South Africa, BRICS has become an active player in global governance. The 10th BRICS summit in Johannesburg, South Africa, from July 25 to 27 is significant, because it brings together the leading emerging economies which are committed to safeguarding and promoting globalization and free trade amid growing unilateralism and trade protectionism in many parts of the world.
Power is corrosive, and hegemonic power more so. Unilateralism is an example of the corrosion of power. The unilateralism in trade being exercised by the US is in essence a result of the habitual exploitation of power.
The Sino-US trade war has started and things are escalating fast. Many commentators believe that the war is developing in accordance with the script of "Death by China" by one of US President Donald Trump's top advisors Peter Navarro.
The Trump administration has imposed a 25-percent tariff on 818 import items worth 34 billion US dollars from China on Friday. China immediately retaliated by imposing a levy of the same scale, placing a 25-percent tariff on the same volume (34 billion US dollars) of imports from the US. The Chinese Ministry of Commerce said in a statement that the US has started the "largest trade war in economic history." The trade volume immediately dwarfed the similar US tariff wars with Canada and the EU.
On June 15, 2018, U.S. President Donald Trump broke another of his promises with the sudden announcement of 25 percent tariffs on US$50 billion of Chinese imports, reigniting a major dispute between the world’s two largest economies.
In a recent article, The New York Times shone the spotlight on Lang Lang by calling the injury to his left arm "a major loss, since he is one of classical music's biggest and most bankable stars." The article said, "It is harder than ever for a classical musician to become famous worldwide."
Chinese Premier Li Keqiang recently attended the seventh Leaders' Meeting of China and Central and Eastern European Countries (CEEC) in Sofia, Bulgaria. Li reiterated that the 16+1 mechanism is an open and transparent platform, adding that China-CEEC cooperation has always followed international rules and EU regulations while Chinese enterprises are required to participate in bidding for European projects in accordance with market regulations and business rules.
In the past 40 years, the world has seen the end of the Cold War and the emergence of the United States as the sole superpower, prompting it to assume the global competition between political systems had ended without realizing that these changes have been accompanied or followed by multi-polarization and globalization.