When the Brics summit convenes at the Xiamen International Convention Center on Sunday, the eyes of the world will once again focus on China. Since the first meeting of the foreign ministers of Brazil, Russia, India, and China in 2006, the Brics leaders have held nine official summits.
With the complete withdrawal of the Indian military from the Doklam region on Monday, a 71-day border standoff was brought to an end and effectively ushered in a more favorable political atmosphere for the 9th BRICS summit in Xiamen on September 3-5.
Several BRICS economies suffered seriously over the past two years due to either the sharp fall in world oil and commodities prices, plus economic sanctions by the US and EU, or by its own structural difficulties. In these circumstances, some media have begun to talk of “fading BRICS” or even “broken BRICS”. Is there any truth in this talk?
Delivering a keynote speech at a high-level workshop on July 26, Xi Jinping, general secretary of the Communist Party of China Central Committee, emphasized the need to advance diplomacy with Chinese characteristics, while offering a glimpse into the key themes of the 19th CPC National Congress later this year.
Recently representative of the alt-right and White House chief strategist Stephen Bannon was forced to resign. It seems that there are many cabinet members and top advisers who want to leave the White House, including Secretary of State Rex Tillerson. Under the pressure of the investigation into Russia`s possible involvement in the 2016 US presidential election, the White House has faced constant crises.
We all know that President Donald Trump used the slogan of "America first" and won the election. The people were keen to see what the president would bring them with his policies. Now 200 days are long enough for a newly elected president to show his talent and his ability and let the world see what he can do for the US.
After the border standoff between China and India erupted, some Chinese scholars asked: Since India supports "Tibet independence" forces, why doesn`t China play the card of Indian separation?
US President Donald Trump is known for his unpredictability in his China policy. However, it is the unpredictability in US domestic politics that is now challenging China-US relations. The resignation of Trump`s chief strategist Steve Bannon has exposed the severe problems within the Trump administration. In the following months, China-US ties will come to a key period.
After decades of turbulence, the world order led by the United States has begun to change, with the 2008 global financial crisis possibly being the turning point and this year signaling a new beginning.
On the global front, the strength of developing countries has greatly increased. For example, China has been playing a greater role in global governance to build a "community of shared destiny", as propounded by President Xi Jinping.
US President Donald Trump has given US Trade Representative Robert Lighthizer a year to look into whether to launch an investigation into China`s trade law, policies and practices. The US plans to apply the Section 301 of the Trade Act of 1974, which empowers the president to take trade measures against Chinese products such as lifting tariffs.
India orchestrated the standoff to not just guarantee the security of the Siliguri Corridor - India`s sensitive "chicken`s neck" connecting its central and northeast regions, but more importantly to jeopardize China`s Belt and Road initiative. In this way it can reverse its strategic disparity with China in South Asia and the Indian Ocean region and tighten its grip on small countries there.
At the National Financial Work Conference last month, President Xi Jinping emphasized the need to prevent systemic financial risks, because finance is the core competitiveness of a country and financial security is a significant part of national security. The goal of financial work is to serve the real economy while preventing risks, for which financial reform is necessary.
We are living in a seemingly rudderless world full of uncertainty thanks to the simultaneous existence of globalization and anti-globalization sentiments. As a result, the paradigm of global governance has begun a momentous yet bifurcated shift, making adaptation difficult for countries, large and small. Yet countries have to understand and timely adapt to this shift, both individually and collectively.
News about the construction of the Kra Canal in southern Thailand appeared on Chinese media again. Thais with close connections to China are reportedly beating the drum and tying the construction with China`s Belt and Road initiative (BRI), through which they think they can acquire financial support for the construction.
Domestically, economic downward pressure has been increasing, and financial risks that were formerly concealed by rapid economic growth have been emerging. Chaotic conditions exist in some areas: there is an overheated real estate industry with related nonperforming loans, local government debt is at risk of default, and Internet finance and shadow banks are putting intense pressure on systemic liquidity.
On the morning of August 4 in Argentina, guided by the China Public Diplomacy Association, co-sponsored by Chongyang Institute for Financial Studies at Renmin University of China (RDCY) and the Argentine International Relations Committee, "Sino-Argentina Think Tank Global Governance Dialogue" was held in Buenos Aires.
North Korea`s latest test of an intercontinental ballistic missile last week aggravated tensions on the Korean Peninsula. Using sanctions passed by the UN Security Council, the US has been pressing China`s neighboring countries to cut their economic ties with North Korea, stepping up its strategic control of China`s neighborhood.
Seventeen-members of “2017 Zhi-Xing China: China-U.S. University Student Leaders Academy” delegation visited Chongyang Institute for Financial Studies at Renmin University of China (RDCY) in the morning of July 28th, and take part in a lecture with the theme of “Global Governance Innovative Development & China-U.S.
Recent publication of U.S. GDP figures for the 2nd quarter means data is now available for comparison of China and America, the two largest economies, for the first half of this year.
Beijing is the "smartest" city in China, according to a report on the cashless society released Monday.
The report was jointly published by Chinese tech giant Tencent, the Chongyang Institute for Financial Studies at Renmin University of China, and French market research firm Ipsos.