At the end of July 2019, I visited the Gannan Tibetan autonomous prefecture in Gansu province that has a population of about 700,000. We drove 230 kilometers from Lanzhou, capital of Gansu, to Hezuo, the prefecture seat area of Gannan, on a first-class highway through picturesque landscape, and passed through many excellently designed and built tunnels several kilometers long. The cost of building those tunnels alone could easily be in billions of dollars. And to think that China has spent such a huge amount just to make the lives of less than 1 million people better.
China's top diplomat Yang Jiechi visits the South Korea city of Busan. Yang will meet South Korean National Security Advisor Suh Hoon. The meeting has major geopolitical as well as post-pandemic implications. CGTN Host Tian Wei speaks to scholars from China and South Korea to shed light on this groundbreaking meeting.
Hong Kong market regulators have questioned some securities firms and requested customer information and transaction records regarding the "abnormal stock prices and trading volume" of Jimmy Lai Chee-ying's media firm Next Digital, local media on.cc reported Thursday. Shares of Next Digital plunged by 41.54 percent Thursday to close at HK$0.38 ($0.049). Chinese analysts said the roller-coaster performance of Next Digital shares over the past few days showed signs of international capital making a splash at a time of Lai's arrest and bail.
Although most observers, polls and surveys made by US media outlets and institutes, as well as Chinese experts predicted that Joe Biden could defeat Donald Trump to become the next US president in the November presidential election, but if Trump is reelected, it won't become another Black Swan incident like his victory in 2016. Biden was officially nominated as the Democratic Party's presidential candidate at the party's convention Tuesday. The Democrats' national convention showed unity as all senior members and several former Democratic presidents endorsed Biden.
Not much, apart from football, unites the Colombian people. If a 2014 Interior Ministry survey called “The Power of Football” is to be believed, then 94 percent of the Colombian population say that football is either important or very important. Patrocinio Bonilla—called Patrón—was on the side of those who believed that football was very important, indeed essential. Patrón was murdered on August 11, 2020. Patrón lived in Chocó in northwestern Colombia, where 96 percent of the people identify as Afro-Colombian or as part of the Emberá Indigenous community. Chocó is treated as a backwater of the country, with no real infrastructure in the province’s expanse and little social policy to enhance the lives of its population.
A US TikTok employee is reportedly seeking to file a lawsuit against US President Donald Trump's administration, but observers said there is little chance of winning the case. However, the company could find other legal strategies to defend its rights, they said. Patrick Ryan, a TikTok employee in the US, has started a crowdfunding campaign to raise funds to sue the Trump administration over the executive order forcing the sale of the US branch of the company.
On November 10, 2019, President Evo Morales Ayma of Bolivia announced his resignation from the presidency. Morales had been elected in 2014 to a third presidential term, which should have lasted until January 2020. In November 2019, protests around his fourth electoral victory in October led to the police and the military asking Morales to step down; by every description of the term, this was a coup d’état. Two days later, Morales went into exile in Mexico.
Guo Shuqing, chairman of China Banking and Insurance Regulatory Commission, has once again emphasized the importance of reining in financial risks, especially because the novel coronavirus pandemic has created uncertainties in China's external market and put downward pressure on the domestic market. That Guo's article, first published in Qiushi magazine, was also posted on the central bank's website on Sunday shows how important it is to control the financial risks.
As governments around the world seek to save lives by slowing down the spread of the coronavirus, they have to take dramatic measures, with big implications for economic activity. John Ross, former Director of Department of Economy and Business Policy in London and senior fellow at Chongyang Institute for Financial Studies of the Renmin University of China, shares his thoughts on the economic impact of the coronavirus pandemic across the UK.
On August 18, Liu Zhiqin, a senior fellow at the Chongyang Institute of Financial Studies, Renmin University of China (RDCY) was interviewed by CGTN Dialogue to share his view about China's Digital Currency.
It's perhaps understandable that some people may try to do self-examination of China policy at a point when US-China relations have slid to an unexpected low. But it is hard to see that China could have done anything differently to change the situation short of reneging on some of its most essential goals in the process of China's emergence as a major power on the world stage. In fact, compared to all the other countries in the world, China did everything right.
The ongoing protests in Belarus, a vital traffic hub in Eurasia, will not pose threats to the country's cooperation with China, especially on projects under the Belt and Road Initiative (BRI), and companies in the key industrial park and Chinese scholars are speaking highly of bilateral relationship. An employee of The China-Belarus Great Stone Industrial Park reached by the Global Times on Monday said that most of the Chinese companies in the park were not affected by the social unrest in Belarus, and the BRI projects in the country were unlikely to be impacted in the future.
In the face of rounds of full-scale offensives launched by Washington against Beijing, some voices think China's countermeasures are not robust enough. But the fact is that when Beijing takes countermeasures, these measures must be proper responses. Tense issues relating to Taiwan, Hong Kong, the South China Sea and TikTok have recently been worsened by Washington. These are a combination of re-election tactics and profound changes in US policy toward China. Obviously, when Beijing responds to Washington, Beijing needs comprehensive considerations that blend its short-term and long-term interests.
The WEF is an NGO, registered in a lush suburb of Geneva, with ambitions towards worldly power command. The IMF, created under the UN Charter, is an official international financial organization – one of the two Bretton Woods Institutions, the other one being the World Bank. The IMF was created to watch over and regulate the world monetary conundrum. Both, IMF and WB, are controlled by veto-power by the US Treasury. The discourse of both, the WEF and the IMF, is to “doing as much good to a covid-disaster stricken world as we can.” None of them mentions how their actions will put the world – especially the developing world, into even deeper ‘sustainable’ disaster.
Chinese observers said that Central and Eastern Europe, which were torn apart by ideology during the Cold War, should not be fooled by US Secretary of State Mike Pompeo, who obviously still lives with a Cold War mindset, desperately trying to form anti-China cliques with his trip to the region. Three weeks after Mike Pompeo's infamous anti-China speech, which was widely considered a historic mistake, Pompeo on Tuesday began his visit to four central and eastern European countries—the Czech Republic, Slovakia, Austria and Poland.
As Republicans and Democrats feud over the coronavirus relief bill, it is another sign that the cracks within the United States have deepened. With the election approaching, both parties are grasping at any opportunity to get ahead, even as COVID-19 and unemployment push tens of millions of Americans to the brink of despair. Washington D.C. has become Washington "Dysfunctional Capital," said Harvard professor Graham Allison. In the past decades, America would usually unite during a crisis, like after the 9/11 terror attacks in 2001, and deal with it like a global leader.
Despite an unprecedented downturn in US-China relations amid the coronavirus pandemic, American businesses are not leaving the Chinese market, one of the world's largest, a report from the US-China Business Council (USCBC) showed. Five-year projections from US companies doing business in China are bullish, with nearly 70 percent expressing optimism about the market's prospects and 87 percent saying they have no plans to shift production out of China, the USCBC report said.
On August 8, Liu Zhiqin, a senior fellow at the Chongyang Institute of Financial Studies, Renmin University of China (RDCY), was interviewed by Beijing TV. The interview focused on the US sanctions against Hong Kong, what is the purpose of the US government's so-called sanctions?What impact will the so-called US sanctions have on Hong Kong's finances?
The year 2020 is crucial for China to achieve the twin goals of building a moderately prosperous society in all respects and eliminating absolute poverty. Though hit by the novel coronavirus disease (COVID-19), the country is expected to complete its poverty alleviation plan on schedule, thanks in part to digital technology. The government encourages people to adapt to digital living and use the Internet to find opportunities and suitable ways to achieve prosperity.
Worry has been spreading within international public opinion fields - that a hot war between China and the US is about to break out. There have been rumors and speculation going around that the US could neutralize some of China's island bases in the South China Sea. Others say a military conflict may spark accidentally. Journalists have been interviewing scholars over the topic what, "if a war breaks out." There have even been rumors that some Chinese people are sharing the knowledge of civil air defense in their WeChat Moments. Anxiety is lingering.