Gideon Rachman, Chief Foreign Affairs Commentator of Financial Times, had predicted the rise of Asia in his book "Easternisation." In his latest interview with CGTN's Wang Guan, Rachman says the rise of Asian economic powers, especially China, is irresistible. Western elites should take a more sophisticated view of the new reality.
It is four and a half years since previous US President Donald Trump assumed office, marking the beginning of the US assault on China. The first six months of Biden's presidency have seen a continuation of America's anti-China stance. The fundamental line of continuity between Trump and Biden is their position on China. This supports the argument that America's shift on China, far from being some kind of Trumpian quirk, is in fact deeply rooted in American politics and society. We should not be surprised by this. The benign period of cooperation between the US and China from 1972-2016, 44 years altogether, was underpinned on the US side by two propositions: first, that China's economic rise would never challenge America's economic ascendancy; and second, that as China modernised, it would inevitably Westernise and in time become a Western democracy. By 2016, it was patently obvious that both assumptions were wrong. China's economy was already on a par with America's; and China's politi
Does China want to be a superpower? In the White House, at least, there seems to be little doubt. Rush Doshi, director for China on President Joe Biden’s National Security Council, has just published a book in which he argues that Beijing is pursuing a “grand strategy” to “displace American order” and become the world’s most powerful nation.
One Sunday in late fall, I was driving with a friend to Newtown, a small town in Connecticut. The editorial staff called and told me that American troops were already on the ground in Afghanistan. They asked me how the local people were reacting. The quiet life in this small town is a stark contrast to the war thousands of miles away in Afghanistan. I even remember when I interviewed two high school students in New York, they couldn't even find Afghanistan on a map.
The past 100 years have witnessed the how the Communist Party of China (CPC) has risen from scratch to making outstanding contributions and transformations for Chinese people's lives. It is has also been a period with dramatic changes in ties between China and the West. What lies behind these changes? How to make the world understand the CPC? Leading experts from both China and abroad discussed these issues at a webinar themed, "The Past 100 Years: China, the West and the World," co-hosted by the Chongyang Institute for Financial Studies, Renmin University of China (RDCY), and the No Cold War campaign on Wednesday.
A task force of seven ministries,including the Cyberspace Administration of China (CAC),the public security ministry andthe national security ministry,entered Didi Chuxing’s offices yesterday to conduct the country’sfirst cybersecurity review.
China has provided more than 500 million doses of vaccines to other developing countries, and will provide another US$3 billion in aid over the next three years to support COVID-19 response and economic and social recovery in other developing countries, Chinese President Xi Jinping said at the APEC Informal Economic Leaders' Retreat via video link in Beijing on Friday night.
Liu Zhiqin, a senior fellow from the Chongyang Institute for Financial Studies at the Renmin University of China in Beijing, shared his insights with CGTN regarding with China's economy. He believes that domestic loop in dual circulation strategy strengthens local market without shunning global market.
Editor's note: Gideon Rachman, Chief Foreign Affairs Commentator at the Financial Times, had predicted the rise of Asia in his book “Easternisation.” In his latest interview with CGTN, Rachman says the rise of Asian economic powers, especially China, is irresistible. Western elites should take a more sophisticated view with the new reality. Views expressed in the video are his and do not necessarily represent those of CGTN.
Cotton factories in Xinjiang say business has picked up this year thanks to new customers in the Chinese market. The Chinese economy grew by over 12 percent in the first half of 2021. And the 44th session of the World Heritage Committee is kicking off in Fuzhou.
Liu Zhiqin, a senior fellow from the Chongyang Institute for Financial Studies at the Renmin University of China in Beijing, shared his insights with CGTN regarding with China eyes future of PuDong and Carbon Trading Market.
The United States is currently facing a China policy dilemma. Since President Joe Biden took office, Washington has been more than eager to demonstrate the importance of strategic competition with China. Unfortunately, as the administration has approached the first half year of its tenure, major confusion still exists among senior staff and policymakers in Washington about the best way to deal with China. The United States needs a better strategy, or at least a clear elaboration on its approach to China.
This year marks the 20th anniversary of the establishment of the Shanghai Cooperation Organization (SCO), and the intergovernmental organization is expected to see another expansion by granting the status of dialogue partners to Saudi Arabia and Egypt, a decision that was approved at the recent meeting of the SCO Council of Foreign Ministers in Dushanbe, Tajikistan.
Pakistan’s Prime Minister Imran Khan has taken tentative steps to initiate peace talks with separatist rebels in its southwestern Balochistan province, home to the Chinese-run deepwater port of Gwadar, amid the threat of insurgencies fuelled by civil war in neighbouring Afghanistan.
The future of the US' strategic focus will be to enhance its leading position in high-tech field, according to United States Innovation and Competition Act of 2021. Yet the US ultimate goal remains unchanged: consolidating and expanding US capital groups' possession of global markets.
China's trade with India in the first half of this year showed an upward trajectory but edged down 7 percentage points from the January-May period, probably due to the easing COVID-19 situation in India and a decline in iron core trade, experts said.
With overseas listings by Chinese companies coming under closer domestic scrutiny amid the regulator's push for stronger data protection, local businesses that want to raise funds are focusing on the home capital market rather than US IPOs, market watchers said.
On July 11, 2021, as one of the sub-forum of Eco Forum Global Guiyang (EFG) 2021, the thematic forum of "Green Finance Helps Achieve the Carbon Neutrality's Goal" , was held in Guiyang International Ecological Conference Center. The forum was sponsored by People's Government of Guizhou Province, Industrial and Commercial Bank of China (ICBC), and organized by Guizhou Provincial Financial Supervision Administration, Guiyang Central Sub-branch of People's Bank of China, Guizhou Provincial Civil Affairs Department, Guiyang Municipal People's Government, Gui'an New District Management Committee, Industrial and Commercial Bank of China Guizhou Branch, Bank of Guizhou, Chongyang Institute for Financial Studies at Renmin University of China (RDCY), and China Pension Finance 50 People Forum. RDCY undertook most of the critical work during the forum. Xinhua Finance, China.org.cn, Huanqiu.com, CNR.com, Zhonghongwang.com, CRNTT.com, Financial News, Today Guizhou, Zhongwang News, and many other
Chinese economists have refuted some overseas economists' allegation that the use of the digital yuan is a threat, saying China's currency reform won't bring fundamental change to global finance, although it may lead to less dominance of the US dollar.