Many contradictions still remain in India-US relations. Modi won`t satisfy all Trump`s demands in trade and market openness because of his "India First" thought mode and Washington and New Delhi hold different opinions about global climate change and the green economy.
This year marks the 20th anniversary of the Asian financial crisis and the 10th of the start of the global financial crisis. As these anniversaries coincide with the 19th National Congress of the Communist Party of China, it seems an appropriate time to analyze the achievements and trends of China`s economy in the wake of these major crises and of China`s relations with the rest of the world.
The economy has moved into a very critical stage from rapid growth to high quality growth. It`s very difficult to accelerate or to maintain speed. At present, the transformation of the economic structure is moving forward, increasingly met with challenges like unemployment. China must find new engines to power its growth.
Along with its economic prowess, China`s increasingly ambitious, but mutually beneficial, foreign policy is at times misunderstood. Questions have been asked about where the country stands in the global arena and how it balances its role as an emerging power and the world`s largest developing country.
Since 1840, the worldview of Chinese people has undergone four major changes. During the later years of the Qing Dynasty (1644-1911), intellectuals realized that China had much to learn from the West, particularly in technology. In the early 20th century, China found that it could no longer be self-centered and had to turn to the West for the development needs of the country.
The US guided missile destroyer USS Chafee entered territorial waters near China`s Xisha Islands on Tuesday in pursuit of so-called freedom of navigation operations without permission from the Chinese government. The US violated Chinese and international law. China immediately dispatched military vessels and aircraft to warn the US ship to leave.
The Belt and Road Initiative, which was first proposed by Xi in 2013, has actually pointed the way out of the present impasse, and its success in sustaining growth, stabilizing politics and improving social justice can serve as a source of inspiration especially to countries aspiring to reform their governance.
According to published statistics, China`s consumption during the National Day and Mid-Autumn Festival holidays this year from October 1-8 reached 580 billion yuan ($88 billion), surpassing expectations, with 710 million trips.
The Belt and Road Initiative, which was first proposed by Xi in 2013, has actually pointed the way out of the present impasse, and its success in sustaining growth, stabilizing politics and improving social justice can serve as a source of inspiration especially to countries aspiring to reform their governance.
From May 14 to 15, 2017, the Belt and Road Forum for International Cooperation was successfully held in Beijing. This was a grand meeting for all parties to jointly discuss and build the Belt and Road(B&R), and to share the fruits of mutually beneficial cooperation. The delegation of the U.S. attended the meeting and expressed the will to align with the "The Belt and Road" Initiative.
On October 10, Chongyang Institute for Financial Studies, Renmin University of China (RDCY) and People`s Publishing House jointly hosted the Symposium on `Telling Chinese Story well, Understanding Chinese Future Well’ and the launch ceremony of the new book `A Promising China: Chinese Think Tank’s Voice In The World’, which was written by Wang Wen, Executive Dean of RDCY, and published by People`s Publishing House.
The new book `A Promising China: Chinese Think Tank’s Voice In The World’, is going to release ahead of the 19th National Congress of the Communist Party.
In responding to the tense situation on the Korean Peninsula, the US-South Korea and US-Japan alliance have been strengthened. Some US strategists even advocate the US allow South Korea and Japan to develop nuclear weapons. Chinese and Russian analysts have shown deep concerns about this trend.
Hosted by Renmin University of China (RUC) and Columbia University , co-organized by Chongyang Institute for Financial Studies at RUC (RDCY) and Asia Society Policy Institute, "US-China University Presidents and Think Tank Forum" was held at Columbia University in the City of New York on September 26, 2017, With the theme of “China-US Relations in the Next 50 Years”.
Former US Secretary of State Henry Kissinger said here Tuesday that the US-China relationship will be the defining relationship for the world of the 21st century, and the two countries should work together to promote peace and human progress.
The key to the China-US relationship is how the two countries` peoples relate to each other, Vice-Premier Liu Yandong said in New York on Tuesday.
With tensions rising on the peninsula, the Trump administration urgently needs a comprehensive and cohesive strategy and control over decision-making. Lawmakers in the US should not create trouble for Trump or queer the pitch for better Sino-US relations. Interaction between China and the US to resolve the North Korean nuclear issue will significantly impact the bilateral relationship over the next five decades. Hence, everyone needs to be prudent.
The People’s Bank of China (PBOC) announced in early September that virtual currencies such as Bitcoin were suspected of supporting criminal activities such as illegal fund-raising, financial fraud and pyramid schemes, and implemented an immediate halt to their use.This strict regulation of the virtual currency trade market imposed by China’s authorities is unprecedented.
Since Narendra Modi came to power and launched his program of intensive domestic reform, India`s economy has made massive strides forward. The country`s economic performance in recent years is really striking. The Indian government has gone so far as claiming that its economy has "outpaced China". Latest statistics have shown a trend of weakening in the India economy. Reuters said that India lost fastest growing economy tag.
The People’s Bank of China (PBOC) announced in early September that virtual currencies such as Bitcoin were suspected of supporting criminal activities such as illegal fund-raising, financial fraud and pyramid schemes, and implemented an immediate halt to their use.This strict regulation of the virtual currency trade market imposed by China’s authorities is unprecedented.