The first factor is the bleaker prospects of the US economy. According to the IMF's latest projections, the US economy is expected to contract by 4.3 percent from last year in 2020. As the virus is yet to be brought under control in the US, concerns over a worsening of the health crisis, as well as expectations of further stimulus, have led to a significant weakening of the dollar in recent months. But depreciation does not mean decline. Any change in the current dominance of the US dollar would likely be a result of more fundamental and structural movements.
Putin said that China is now heading for superpower status. US billionaire hedge fund manager Ray Dalio, who spoke on the same panel with me, also talked about the future of China replacing the US. In a recent article for the Financial Times, he stated, "every day we see China succeeding in exceptional ways."
Mao Zhenhua,Choices About COVID-19 Response Policies & Post-epidemic Economic Development Pattern
We have no enough cooperation among the US, China, Russia, EU, India, Japan, Korea.
" It is not Cold War,It is a scold war, just among the media"
Nowdays, Many countries have fallen into economic recession because of the Pandemic. However, a lot of multinational companies have benefited from it.
President Xi Jinping has called on the national efforts to develop a new economic pattern in China known as "dual circulation" – domestic and international, promoting each other, with domestic circulation as the main body.
From October 16 to 18, 2020, Vice President Du Peng of Renmin University of China (RUC) led a delegation to visit Zhoucun District, Zibo city, Shandong Province. Du Peng was accompanied by Sha Xiangdong, Secretary of the Party Committee of Zhoucun District of Zibo, Liu Wei, governor of Zhoucun District of Zibo, Niu Shengyin, Secretary of the Party Committee of Shandong Vocational College of Light Industry.
The 2020 US Presidential Election is regarded as the Election of the Century, drawing attention from worldwide. One thing special in the process of this election interested many Chinese Scholars in particular. In the agenda of Both Presidential Candidates. The unusual"popularity" of the "China"Topics will certainly have some impacts on future development of China-US relations after the election, and scholars in both countries are all wondering where the China-US relations would head to.
Alicia Castro does not shy away from her views. She came to diplomacy from the trade union movement, where she was a leader when she was a flight attendant with Aerolíneas Argentinas. Castro spent eight years as a member of parliament in the Argentine National Congress, where she fought for the rights of working people. Ambassadorships in the United Kingdom and Venezuela culminated in the offer earlier this year of the post of Argentina's ambassador to Russia.
This year marks the 70th anniversary of the War to Resist U.S. Aggression and Aid Korea. There is considerable coverage in China this month on the anniversary of China's entry into the war, with extensive TV coverage on the decision to go to war, which was not taken lightly, and underlining the sacrifices of the Chinese volunteers who served in the Democratic People's Republic of Korea (DPRK). The commemorations in the U.S. have been somewhat less prolific, partly due to the shut-down resulting from the extensive spread of the coronavirus. Sometimes, the Korean War is characterized in the U.S. as the Forgotten War, although those who fought and died in the war will always be memorialized by U.S. citizens.
The Narendra Modi administration said on Monday it had invited Australia for the annual Exercise Malabar to be held next month with the US and Japan. The move is believed to further lay the foundations for the eventual formalization of the Quadrilateral Security Dialogue (QUAD) grouping, according to The Hindustan Times.
U.S. Presidential Posture Toward China During and After the US Post-Election
The US' blacklisting of several Chinese entities over their alleged business with Iran's biggest shipping company, Islamic Republic of Iran Shipping Lines (IRISL), is an example of long-arm jurisdiction over other countries' normal economic relations with Iran, and a bullying practice that places US domestic laws before international laws, industry observers said.
On October 13, an important event took place – the value of all public companies in China reached a historic high. The capitalization of the Chinese stock market for the first time since 2015 climbed to $10.08 trillion. The previous record of 10.05 trillion U.S. dollars was set in June 2015, followed by a collapse in the Chinese stock market. After the market spent five years recouping these losses, China's GDP has increased by more than 80 percent.
Recently, I went back to Lanzhou, capital of Northwest China's Gansu Province, where I studied years ago as a graduate, to give lectures, and I found the city to be breathtakingly beautiful. It is located at the center of China's geographical map with the Yellow River passing through it. One day, I looked far along the north bank of the Yellow River, and the scenery was no less than Budapest on the Danube.
A total of 111 youngsters from 32 countries involved in the Belt and Road Initiative won awards for their talent and insights on a wide range of global topics on Saturday.
Digital RMB's popularity based on convenience,safety