After Nepal Ministry of Foreign Affairs announced on Friday that Chinese State Councilor and Defense Minister Wei Fenghe will pay a one-day working visit to the country on Sunday, media speculation has mounted in India over what this tour might mean.
In September 2018, Venezuelan president Nicolás Maduro visited China, where he met with China’s President Xi Jinping and signed a series of important agreements on trade and culture. Toward the end of his stay, Maduro said that the two countries had built “a relationship of mutual benefit, of shared gain.”
On November 15, 15 Asian and Pacific countries signed an agreement known as the Regional Comprehensive Economic Partnership (RCEP) that unites 30 percent of the global population and 30 percent of global gross domestic product (GDP). The entire trade area, which runs from New Zealand to Japan and across the length of China, brings together a range of industries, from mining to high tech, and 2.2 billion consumers. Around 90 percent of tariffs will be cut, and customs procedures will be simplified.
Since US President Donald Trump took office, he has been adhering to the "America First" doctrine. This has seen him launch trade wars against other countries including US allies, and pull the US out of international organizations and treaties. His foreign policies are defined by strong unilateral characteristics, having dealt a heavy blow to US diplomacy and its international image.
Hong Kong Exchanges and Clearing (HKEX), operator of the Hong Kong stock market, announced on Tuesday that it plans to introduce Synapse, an integrated settlement acceleration platform underpinning growth of global investor access and participation in China's mainland equity market through the stock connect program.
China seeks cooperation on controlling the pandemic
Recently, a number of well-known universities have successively announced the results of expert evaluations on double-class construction. Tsinghua News Network stated that experts commented how "Tsinghua University is a world-class university in an all-around way," and many other universities have also released similar results. In response, Xu Mei, a spokesperson for the Ministry of Education, responded: "We should clearly realize that there is still a big gap between the overall strength of our country's higher education and the world's top universities."
The Chinese foreign ministry spokesman reiterated Beijing’s firm opposition to any official ties between Taiwan and the US. The reaction came after the media cited sources, including a Taiwanese official, as saying that US Navy’s Rear-Admiral Michael Studeman was on a trip to the self-ruled island. He’s the director of an agency which oversees intelligence at the US military’s Indo-Pacific Command. The administration of US President Donald Trump has recently ramped up support for Taiwan, including with the approval of new arms sales and high-level visits. Beijing has long warned against such moves. China considers Taiwan a breakaway province and maintains its sovereignty over the region under the One-China policy.
The Group of 20 (G20) is no doubt one of the most important political gatherings of the year. The organization was created in the aftermath of the 1997 financial crisis in order to bring the most important economic countries of the world together to deal with global financial crises.
Regional cooperation accelerates to achieve recovery
On top of being the largest such trade agreement in human history, it also associates with and binds to the Belt and Road Initiative (BRI), or One Belt, One Road (OBOR), or also called the New Silk Road, which in itself comprises already more than 130 countries and more than 30 international organizations. In addition, China and Russia have a longstanding strategic partnership, containing bilateral agreements that also enter into this new trade fold – plus the countries of the Central Asia Economic Union (CAEU), consisting mostly of former Soviet Republics, are also integrated into this eastern trade block.
The 43rd meeting of the State Council Financial Stability and Development Committee was held on Saturday, according to a report published by gov.cn, the official website of the Chinese government. The meeting has sent a clear signal: the country will dial up regulation of the corporate bond market in order to safeguard the stability of the money market.
Human beings are encountering the gravest economic crisis and the deadliest life crisis since the end of WWII. To make matters worse, the strategic distrust between great powers has hit the lowest level since the end of the Cold War. Most Western media outlets have been deeply impacted by US President Donald Trump. While they typically make reports full of complaints, scold, and pass the buck, they seldom create feasible global solutions to the above-mentioned problems.
Developing digital economy in region vital to boosting inclusive growth and pandemic.
Nationwide "high Quality Grain Project" launched in 2017
There are some misunderstandings about the “dual circulation” strategy put forward by China recently. While we know it consists of domestic circulation supported by international circulation, some believe the initiative is a response to moves by Donald Trump to decouple the U.S. from China, or they feel China is closing itself up in a regression to its independent and self-reliant practices of the last century.
High unemployment rate and social distancing measures will continue to hold back momentum in the service sector, and surge in debt will add to challenges down the road, according to the report.
Leaders of the world's 20 biggest economies on Sunday vowed in a joint declaration to deploy "all available policy tools" to contain the raging COVID-19 global pandemic and save the global economy from plunging further into disarray with efforts to advance global pandemic preparedness, vaccine development and distribution and relief of debt burden on developing countries, striking an uplifting tone for a world plagued by a confluence of crisis.
On the morning of November 5th, Deputy Head Of Mission at Embassy of the Kingdom of the Netherlands in China and his delegation visited Chongyang Institute for Financial Studies, Renmin university of China (RDCY). They had a deep communication on the top of 14th Five Year Plan, Digital Economy, the Belt and Road Initiative, and knowledge exchanges/collaboration with Dutch think tanks, with Liu Yushu, Director of Macro-economy Department, RDCY, Cui Zhenhai, Researcher of RDCY. The meeting was chaired by Yang Qingqing, Assistant Dean of Chongyang Institute for Financial Studies (RDCY).
As the dust starts to settle over the 2020 presidential election, the United States remains a much divided country on some very fundamental issues. While the Trump campaign is still in the process of investigating election fraud in a number of states won by Joe Biden, putting him over the top in the race, it is unlikely, even if such fraud is discovered in some instances, that it will seriously affect the results.