The Shanghai Cooperation Organization (SCO) holds its summit in Qingdao from June 9-10. Merely to list the SCO members makes the significance of the summit obvious. The SCO includes as full members China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan. Its official observer states are Afghanistan, Belarus, Iran and Mongolia, while its dialogue partners are Armenia, Azerbaijan, Cambodia, Nepal and Sri Lanka.
The relevance between the Shanghai Cooperation Organization (SCO) and the Belt and Road Initiative (BRI) requires us to dive into history to understand how this institution was born and how the SCO was created.
Looking at the Chinese side from close to the Sino-Nepal Friendship Bridge gives you the feeling of being at the foot of a huge mountain while Zhangmu, a border town of China, stares from the hillside. Crossing over the mountain and going up, you arrive at Shigatse in China, which stands at 3,800 meters. The China-Nepal border is surrounded by mountains that are tall even by global standards.
The 18th Summit of Shanghai Organisation Cooperation (SCO) is opening soon in the seaside city of Qingdao, China. This summit will be the first one after its expansion including India and Pakistan.
In what seemed like a sudden turn-around, or two in fact, President Trump, within the course of two days, called off the summit with DPRK’S leader, and then, receiving a cordial reply to his cancellation, decided to put it back on the agenda. While we are not totally privy to what went on behind the scenes, what went “on-stage” seemed to paint a pretty clear picture.Much was made of a rather abrasive message sent out by the DPRK, again threatening a nuclear stand-off and attacking Vice President
On the evening of May 18th, RDCY Seminar Series was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Oyunbilig, executive deputy dean of the School of Chinese Classics of Renmin University of China and well-known professor in the fields of history of Mongolia, Qing Dynasty, and western regions. He mainly elaborated on the grassland transportation and history in the late Ming and early Qing Dynasty. In his opinion, the Prairie Silk Road is not only a simple
From May 25th to 26th, the World Manufacturing Convention 2018, a major gathering of nearly 3000 political celebrities and business representatives from more than 100 countries and regions across the world, kicked off in Hefei City, Anhui Province. Wang Wen, the executive dean of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), was invited to moderate one of the sub-forums and deliver a speech at the plenary session. His opinions were published in China Daily on Ju
Russia`s state-operated Russian-language news agency RIA Novosti said that China warned the Russian firm against drilling off Vietnam. It is obvious that both the Russian firm and media are influenced simply by Vietnam`s stance, which goes against China`s interests. While urging the parties concerned to adjust their stance, China should clearly set forth its own core interests as well.
South Korean mediation was indispensable to the dramatic revival of the US-North Korea summit. Following this, South Korean President Moon Jae-in may travel to Singapore next month for a three-way summit with his US and North Korean counterparts.
Tax cooperation related to the Belt and Road (B&R) initiative has entered a new era. A conference related to B&R tax cooperation, recently held in Astana, capital of Kazakhstan, created a framework for establishing long-term mechanisms for tax cooperation. This will have a positive impact on the construction of a global economic governance system.
So the G20 framework should include it in promoting free and multinational trade. Only with the launch of such a common goal can the new globalization go smoothly, rather than worsening the imbalance and intensifying the conflict. The G20 also needs to achieve greater coherence in future governance. In other words, its policy-making ought to start from the development of global economy instead of a specific area or problem.
For most of the four decades of China`s reform and opening up, the United States has been the "foreign nation" that has had the most significant impact on China. This influence has seeped into all aspects of Chinese society and life.
Some experts have explained the deficit on the basis of trade volume. But the real culprit is the monopoly of the US dollar in the global market. It is very important to clarify the relationship between the trade deficit and the current US policy.
On May 17th, organized by the Eurasia Center of America and the Embassy of South Africa, a conference themed “Doing Business with the BRICS”was held in Washington, DC. Chen Xiaochen, director of the International Studies Department of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), was invited to attend the meeting and gave a keynote speech.
The negotiations in Washington between the special envoy of President Xi Jinping and China`s vice premier Liu He, and a US economic team including treasury secretary Steven Mnuchin, showed the extremely responsible attitude of China towards trade talks with the US. China sought to ensure the development of the prosperity of its people while securing, not merely in words but in reality, a `win-win’ outcome for both itself and the US - while strengthening the global framework for world trade.
On 27–28 April 2018, Chinese President Xi Jinping held an informal meeting with Indian Prime Minister Narendra Modi. The meeting, which took place just over a month before the Shanghai Cooperation Organization summit that Modi has decided to attend, reflects India’s urgent desire to boost relations with China. The informal meeting also shows that China is willing to receive Modi with extraordinary treatment and that it respects India as a major power.
Recently two dramas are being presented on the global stage. One is the trade talk between China and the US; the other is the filing by the EU to the WTO on US tariffs against EU countries.
2018 marks the fifth anniversary of the creation of the Belt and Road Initiative. The experience over the past five years has shown that the initiative is not necessarily smooth sailing, nor is it something that can be built overnight. How we overcome the challenges in the future will greatly test the strength and stamina of China’s foreign strategy.
Some international scholars believe the world is in the midst of "Cold War II" when they assess the global vicissitudes of the decade and especially what the Donald Trump administration has done in the past year. In their writings, they create an illusion that the Cold War is back and call on people to stay vigilant.
The gap between the two countries can be measured in terms of hard indicators such as GDP, and can also be assessed through attitudes to work, life, and the environment. Although the latter are difficult to measure accurately, they deserve attention.