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Zhao Minghao: America is torn from the inside
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.
2020-08-13 -
US companies staying put in China despite trade tensions: survey
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.
2020-08-13 -
【Beijing TV】Liu Zhiqin: US attempts to sanction Hong Kong must not succeed.
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?
2020-08-12 -
Liu Yushu & Liu Mingyang: Digital technology diversifies channels of poverty alleviation, making it a vibrant undertaking
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.
2020-08-12 -
Wang Wen: US-China hot war hype scary hot air
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.
2020-08-11 -
90% Chinese netizens disfavor US amid tensions, support strong retaliation against US: GT online survey
Retaliation measures enforced by the Chinese government in response to US provocations are overwhelmingly supported by the public, and increasingly more Chinese people disfavor the US amid the recent spate of unprecedented tensions since the two countries established diplomatic ties in the late 1970s, a survey showed on Monday.
2020-08-11 -
William Jones: As the 'Five Eyes' gear up to confront China, can anyone say that the British Empire is a thing of the past?
A recent article published in the China Economic Diplomacy Watch pointed to the "Five Eyes" – the U.S., UK, Australia, Canada and New Zealand – as the key rallying group for Pompeo's call for a containment policy toward China. The article has indicated a crucial element in the danger the world is facing. The unifying factor in this grouping is, firstly, that the "Five Eyes" are all English-speaking countries, and secondly, that they all at one time or the other belonged to the British Empire.
2020-08-11 -
Djoomart Otorbaev: China takes a predominant role in sovereign debt management system
Facing the plight of COVID-19 and the looming economic prospects, governments and international organizations have devoted themselves to avoiding a debt crisis. According to recent reports, over 100 low- and middle-income countries will still have to pay a total of 130 billion U.S. dollars in debt service in 2020.
2020-08-10 -
TikTok may abandon US deal if pressured on pricing: experts
As uncertainties pile up in the potential deal between TikTok's US operation and a US buyer, TikTok is reported to have engaged in talks with several possible buyers, including Microsoft and Twitter. However, experts said the company may face further pressure from US President Donald Trump's arbitrary policies, and it is not impossible for TikTok to abandon the deal. Twitter - the most recent potential bidder for TikTok's US business - is said to have approached TikTok, but given the size of Twitter, it would be impossible for the company to acquire TikTok without engaging with other large institutional investors, some analysts said.
2020-08-10 -
Business environment optimized to spur vitality of market entities
For those who have experienced the hardship of waiting in line at hospitals, the advent of online diagnosis is a boon. "Send your request, and you'll get answered in 10 minutes with more than 230,000 doctors ready to respond." This is what an Internet medical service platform promises its users. The novel coronavirus disease (COVID-19) hindered normal operation in a majority of hospitals, making contactless diagnosis and treatment preferred by many patients, which increased the market expectations on Internet healthcare.
2020-08-10 -
Best way to honor General Scowcroft is to put China-US relationship back on right track: Embassy
The best way to honor General Scocroft is for both sides to work together to put China-US relations back on the right track despite current disturbances and difficulties, the Chinese Embassy in the US said on Saturday following the passing of General Brent Scowcroft, former US National Security Adviser to the President and old friend of the Chinese people, who made a great contribution to promote bilateral cooperation in difficult times.
2020-08-09 -
China to form new development pattern centered on 'internal circulation'
China will form a new development pattern centered on "internal circulation," and speed up a "dual circulation" growth model in which "internal circulation" and "international circulation" promote each other, said the Political Bureau of the Communist Party of China (CPC) Central Committee during a meeting convened on July 30. The meeting studied the current economic situation and made arrangements for the economic work for the second half of the year.
2020-08-08 -
China-Pakistan Economic Corridor faces new threats from militancy
Since the multibillion dollar China-Pakistan Economic Corridor was launched in 2013, there has been cynical scrutiny of the project, arguably more so than other China-backed overseas investments. The United States has led in the criticism, cautioning that CPEC projects are neither transparent nor cost-efficient, and warning Islamabad that it is subjecting itself to expensive loans under China’s Belt and Road Initiative – through which Beijing has pledged more than US$60 billion so far.
2020-08-08 -
A weakening dollar ripples across global asset
The dollar index remained flat this week since dipping below 93.00 to more than a two-year low last week. The index which measures the dollar against six peer currencies lost nearly nine percent since its peak in March, this is enough to rattle investors in the fairly steady forex market. Investors have subsequently rushed to gold, supporting its price above the 2,000 U.S. dollars threshold for the first time in history. The value of the safe-haven metal has soared 34 percent this year.
2020-08-08 -
Subtle change, consistent stance in FM Wang’s message to US
As the US is trapped in political turmoil and its diplomacy seemingly has entered an anarchic state manifested by its wanton and crazy assaults against China, Chinese State Councilor and Foreign Minister Wang Yi vowed to cool off tensions and set out a clear framework for bilateral relations, showing that China will always maintain rational and strategic willpower in discourse while preparing for any bumps in the road ahead. "Avoid confrontation, keep the channels open for candid dialogue, reject decoupling and stand up to shared responsibilities," Wang said in an interview with the Xinhua News Agency on Wednesday, drawing a clear-cut framework needed for the China-US relationship.
2020-08-07 -
Biden attacks trade deal ‘for election’
US Democratic presidential candidate Joe Biden criticized the phase one trade deal signed by the Trump administration with China, in a move Chinese analysts said tries to attack the most important, and probably the only major diplomatic achievement of US President Donald Trump. Experts warned on Thursday that although the Trump administration is being extremely hostile to China, maintaining the deal is still the best option for both sides. People and business circles from the two countries and the rest of the world don't want to see more uncertainty on trade anymore, so the Democrats should stay reasonable and pragmatic if they win the election, they noted.
2020-08-07 -
Zhou Rong: How to benefit from Pakistani “king of fruit” Mango
Dwindling harvests, dropping demand and export supply chains hit by the coronavirus are biting into Pakistan's mango industry, with producers of the prized fruit battling to weather a disastrous season. Across Pakistan's "mango belt" in Punjab and Sindh provinces, farmers complained a long winter and changing rain patterns have slashed production by up to half this year – just as virus shutdowns sparked border restrictions and spiraling export costs.
2020-08-07 -
【No to the New Cold War】Event introduction by Jenny Clegg and Carlos Martinez
On July 25th, an international meeting in Opposition to the US-led New Cold War on China organized by scholars and activists from 48 countries voluntarily was broadcast live on Zoom, Facebook and YouTube simultaneously. The joint statement with 14-language version of "A New Cold War against China is against the interests of humanity" has attracted great attention from the international community. The event brought together 17 well-known scholars and opinion leaders from China, the United States, the United Kingdom, India, Russia, Canada, Venezuela, Brazil and other countries to participate in the speech. Jenny Clegg, author of 'China's Global Strategy: Toward a Multipolar World', is one of the speakers of the "No to the New Cold War" initiative. Carlos Martinez is the convenor of "No Cold War'.
2020-08-07 -
Pakistan’s new Kashmir map links it to China, fuelling India’s fears of war with both
Pakistan's move to unveil a new political map reasserting its claim to all of Indian-administered Kashmir - minus the parts claimed by China - is fuelling New Delhi's fears of a two-front conflict with its neighbours, despite a lack of evidence that such a move is in the works. But the release of the map is the latest in a series of conflicts born from cartography which have broken out in the Himalayas since May - from a deadly scuffle between Indian and Chinese soldiers in mid-June to a war of words that began earlier in the summer when Delhi opened a road through territory claimed by Nepal.
2020-08-07 -
【CGTN】Liu Zhiqin was interviewed by Global Business on Tourism Recovery
China's rail network saw over 200 million trips in July, up 24% compared to June. There are over eight million trips on July 25th. CGTN's Global Business gave a comprehensive interview with Liu Zhiqin, a senior fellow at Chongyang Institute for Financial Studies, Renmin University of China(RDCY), on tourism recovery. Now cities offer subsidies and discounts to boost tourism.
2020-08-06
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