In his book "A World Transformed: Reflections on the International System, China and Global Development," former president of Slovenia Danilo Türk discusses how to better deal with global challenges amid great changes that are engulfing the world. What can be done to move international cooperation across all sectors to new levels of performance? What role can China play? To address these questions and more, the Chongyang Institute for Financial Studies at Renmin University of China hosted a Webinar themed on "China and the world at the time of great change" Saturday. It also launched the Chinese edition of Türk's book. Below is part of Türk's talk at the webinar, as well as remarks by other key speakers.
Market split over whether correction brewing in US stocks
On Friday, January 22, 2021, the Treaty on the Prohibition of Nuclear Weapons (TPNW) became international law for the 122 states who signed the agreement in July 2017. The TPNW, as with most treaties, is summed up in one sentence (article 1a): "Each State Party undertakes never under any circumstances to Develop, test, produce, manufacture, otherwise acquire, possess or stockpile nuclear weapons or other nuclear explosive devices." There is no complexity here. This is a treaty to ban nuclear weapons.
The United States must avoid misjudging China as the new administration in Washington is set to recalibrate the bilateral relations of the two major powers, said John Ross, a senior fellow of the Chongyang Institute for Financial Studies at Renmin University of China in Beijing.
The Davos Summit takes place this year against the backdrop of a crisis that has ruined livelihoods and widened inequalities globally.
The word most spoken by the new US President Joe Biden after his election victory is probably "Unity." This reminds me of the post-"9/11" era in the US.
As the financial arms of Chinese technology giants including Ant Group, JD Digits and Didi Financial Services reportedly stopped offering deposit products, even for existing clients, domestic private banks have started to transfer these products to their own platforms.
The Davos Agenda, an ongoing virtual event hosted by the World Economic Forum (WEF), focuses on restoring global economic growth and rebuilding trust amid the most disastrous pandemic in a century and the worst recession ever seen since the end of World War II.
The Belt and Road Initiative (BRI) will contribute to the global economic rebound by stabilizing supply chains among countries along the BRI route, while laying the foundation for further global cooperation, experts said ahead of opening of the World Economic Forum (WEF) in Davos, Switzerland, which will discuss a series of topics surrounding how to restore economic growth in 2021 after a coronavirus-triggered recession across the globe last year.
A sense of reality has entered into the political scene in Washington as President-elect Joe Biden presented a $1.9 trillion plan for fighting COVID-19, sending relief to the battered U.S. economy. This occurs just days after the Democratic Congress, eager to get revenge for four years of President Donald Trump, whom most representatives never accepted as being duly elected by the American people, are putting on what can only be characterized as a "show trial."
Analysts see reason for hoping positive changes are ahead
Since the India drug regulator's hastened approval of its COVID-19 vaccine over the weekend, market confidence in the South Asian country has clearly been shored up, with some analysts even appearing to be overly optimistic.
To prevent Joe Biden from successfully taking office as the next president of the US on January 20, US President Donald Trump and some Republican lawmakers are planning to roll the dice on odds. They want to challenge Biden's win when the Congress gathers to certify the Electoral College vote on Wednesday.
What the Internet giants do is to extract money from both sides, buyers and sellers, which is virtually the horizontal and vertical monopoly agreements defined as one of the monopolistic conducts in the law.
US president-elect Joe Biden is waiting for the Senate to confirm his advisors and cabinet nominees - particularly those involved in key positions. Packed with diplomatic and security elites who are familiar with China, the new cabinet has an unprecedented understanding of China.
China's new rules on foreign investment security reviews, unveiled last month, took effect on Monday. The move, coming against the backdrop of the Trump administration's groundless curbs targeting Chinese firms, is seen as a crucial regulation in the new round of high-level opening-up.
Mr. Shi Junzhi, Doctor of History in School of History, Beijing Normal University, Doctor of Law Doctor in Renmin University of China Law School, Doctor of Economics in Tsinghua University PBC School of Finance. He is a researcher of Institute of Finance, Distinguished researcher of the Institute of Law, Chinese Academy of Social Sciences (CASS), Senior Fellow of Chongyang Institute for Financial Studies, Renmin University of China, Vice President of the China Optimization Society of Capital Construction (COSOCC), Vice President of The Association for promotion of West China Research and Development. He is also the Director, Professor, and Doctoral Supervisor of the Research Center for the History of Currency Legal System in South China University of Technology.
"I can't speculate on how officials would establish contact, but the direction is that both sides will have to find a way to manage differences and pursue cooperation," He Weiwen, a former senior trade official and a senior fellow of the Chongyang Institute for Financial Studies at the Renmin University of China, told the Global Times on Thursday, noting that talks could start with the progress of the phase one deal and remaining tariffs.
After chaos engulfed the U.S. Capitol last week, some Chinese intellectuals found themselves searching for copies of an out-of-print book to make sense of events. “America Against America” forecast the U.S.’s decline due to domestic conflicts more than 30 years ago.
On January 5, 2021, the newly elected National Assembly took its seats in Venezuela’s capital. That day the Lima Group released a statement most of its members signed saying that they did not recognize the legality of the assembly. They called upon countries around the world to “disregard” the assembly and to recognize instead the leadership of a former member of the assembly, Juan Guaidó. The Lima Group felt that it was appropriate for its signatories to call for a “transition process” inside Venezuela; in other words, the Lima Group affirmed its mission, which is to overthrow the government of Venezuela’s President Nicolás Maduro and the Bolivarian Revolution.