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Trump’s threats won’t frighten firms
US President Donald Trump's latest volley of threats at China's Hong Kong Special Administrative Region (HKSAR) is unlikely to intimidate savvy businessmen into a withdrawal from the city, regional affairs watchers said. Trump said last week that he would take "meaningful" action to eliminate Hong Kong's trade privileges under US law. Although most market watchers believe Trump's move is more bark than bite, his words suggest that Washington may consider imposing the same tariff rates on Hong Kong as in the Chinese mainland.
2020-06-05 -
Wang Wen: Ban or open at will? US suspending on Chinese airlines is unreasonable and hegemonic
The United State plans to suspend passenger flights to China later this month. Russia's top international media "Russia Today" (RT) gave an exclusive interview with Wang Wen, the Executive Dean of Chongyang Institute for Financial Studies at Renmin University of China (RDCY) on this issue. The following is the full text of the interview.
2020-06-05 -
William Jones: New Signals from China Instill Confidence in the World
Despite the postponement from the normal time-frame in early March due to the novel coronavirus, China was able to hold the annual meetings of its legislature, the National People’s Congress (NPC), and its consultative body, the Chinese People’s Political Consultative Conference (CPPCC), at the end of May, as one of the first countries which have succeeded in getting back to something of a “new normal” after the coronavirus outbreak. The meetings give an opportunity for the government and legislators to chart the pathway forward after the major disruption caused by the epidemic.
2020-06-04 -
Zhao Minghao: Riots and COVID-19 serious US governing crises
US riots have further intensified as violent clashes have erupted in over 70 cities with more than 40 imposing curfews. This has taken place when the US is plagued by the spreading COVID-19 epidemic, a severe economic downturn and the highest unemployment rate in decades. With such catastrophes, the Trump administration is facing a "perfect storm."US President Donald Trump and his core aides should be blamed for the escalation of the riots.
2020-06-04 -
John Ross: Riot in Hong Kong will stop when rioters understand it is zero chance of success
John Ross, Former Director of Department of Economy and Business Policy in London and a senior fellow with the Chongyang Institute for Financial Studies at Renmin University of China, interviewd by LENS TV to share his opinion about unrest in Hongkong. There are two main opinion: First, the real political agenda of the leaders of the riots is a succession of Hong Kong which has zero chance of success; Seond, most big businesses in Hong Kong support the National Security Law and want to put an end to the rioting.
2020-06-04 -
Djoomart Otorbaev: Government operation styles will be different after the pandemic
Global re-orientation to online formats caused by the pandemic will continue and gets in an irreversible course in the post-pandemic era. What is effectively working online is unlikely to return offline. A significant part of the retail businesses will go online and stay there because consumers will be convinced that they can purchase without going physically to the shops. Our transition to the digital age has accelerated enormously. What would be realized in decades is happening in months.
2020-06-04 -
He Weiwen: US to suffer more if it decouples with China
The United States' stigmatization of and hostile actions toward China have, among other things, raised concerns that China might be isolated from the global supply chain and its economy decoupled from that of the US, especially in high-tech and trade.The US high-tech ban on China targets 5G technology, cyber communications, semiconductor chips and artificial intelligence, in a bid to prevent China from challenging the US' dominant role in world trade. Such measures, though they will cause difficulties for Huawei and other Chinese companies in the short term, will result in just the opposite in the long run.
2020-06-03 -
Donald Trump’s ‘G11’ plan heightens speculation over efforts to build new anti-China alliance
US President Donald Trump plans to invite Australia, India, South Korea and Russia to join an upcoming Group of Seven meeting, in a move that has stoked speculation that he is trying to form a bloc to contain China.Trump did not say whether he wanted the G7 to become the G11 permanently , but said on Saturday that he wanted to invite the four to attend the summit and said he felt the group was “very outdated”.White House spokeswoman Alyssa Farah said Trump wants the summit to discuss China, and the announcement follows escalating tensions between Washington and Beijing over issues such as the handling of the Covid-19 pandemic and Hong Kong.
2020-06-03 -
Growing social division, far-left and far-right confrontation underlying cause for unrest
As the ongoing protests in the US have convulsed at least 140 cities across the country following the death of African-American George Floyd, US President Donald Trump tried to pin the blame on Antifa, a far-left movement, for causing the disturbance. However, his "passing the buck" tactic is of no use to fix the deep-rooted discrimination problem in the country and an increasingly divided society with extremist views prevailing since Trump assumed office.
2020-06-03 -
US protests expose a 'failed state' as officials resort to blame game
As the world watches the US being confronted with massive riots, looting, chaos and heightened violence, US officials, instead of reflecting on the systematic problems in their society that led to such a crisis, have returned to their old "blame game" against left-wingers, "fake news" media and "external forces."
2020-06-02 -
William Jones: Decoupling with China will only lead to war
Some people were no doubt disconcerted when President Trump, in a fit of desperation over the mounting death figures from the coronavirus, mooted the possibility of severing all ties with China.
2020-06-02 -
John Ross: The decisive role of poverty reduction in China's 2020 targets
The centrality of poverty reduction to China's state policy was once more strongly emphasized by the Report on the Work of the Government to this year's full session of the National People's Congress, China's top legislature. The novel coronavirus outbreak has evidently struck a heavy blow to the Chinese economy, and the pandemic's indirect international consequences are creating the greatest global economic downturn since the Great Depression, which will weigh negatively on China throughout this year. For this latter reason, as is well known, China took the unusual step of not setting an economic growth target for 2020. But the commitment to eliminating poverty was emphatically retained within the government's program.
2020-06-02 -
Wang Wen: How to measure Trump’s impact from Yiwu
When US President Donald Trump announced sanctions against Hong Kong and expelled some Chinese students last week, I was doing field research in Yiwu. Most of Trump's campaign souvenirs are made in this Eastern China city, which is also the world's biggest trading center of small commodities.
2020-06-02 -
BRI projects and deals accelerate despite slander from Western media
From the Diamer-Bhasha Dam project, a hydropower station in Pakistan under the China-Pakistan Economic Corridor, to the Australian state of Victoria's recent deal with China, moves by Belt and Road Initiative (BRI) participants indicate the China-proposed initiative is accelerating its progress despite being slandered by some Western media.
2020-06-02 -
William Jones: Which way will the international winds blow after COVID-19 pandemic?
As President Trump announced that he will hold a G7 Summit at the White House in June, in the hope of bringing the world economy back into operation after the lockdown of a large amount of world production during the COVID-19 pandemic, he will no doubt also make a concerted effort to pull the large G7 countries behind his campaign of ostracizing China. And while the other major countries will probably come to Washington at Trump's invitation, it is far from clear that they will follow his lead in this ill-designed campaign.
2020-06-01 -
How is the resumption of work in the U.S. going?
After the United States government issued its "open American guidelines," a three-phased approach to help states reopen economies from April 17, most states have begun some reopening measures with significant differences in time.
2020-06-01 -
John Ross: Why the US is intensifying its attack on the UK over Huawei
The connections may not immediately seem evident between COVID-19, Brexit, and the new intensified drive by the US to try to force Britain to cut Huawei out of its 5G network. But they immediately become clear when the present economic, and therefore geopolitical, consequences of the US and UK governments' catastrophic errors in mishandling COVID-19 are understood.
2020-05-29 -
Zhao Minghao: 100,000-plus American COVID deaths, Trump’s art of the deal？
The US coronavirus death toll has officially surpassed 100,000. This is sad, but for US President Donald Trump, such a number is not shocking at all.
2020-05-29 -
Wang Wen: Don't forget that the full name of HK is HKSAR, foolish for Trump to interfere HK affairs
Wang Wen, Executive Dean of Chongyang Institute for Financial Studies at Renmin University, shared his insights in an interview with RT on HK situation.
2020-05-29 -
Scholar who conquered summits in Asia, Europe & Africa reflects on mountaineering inspiration to the country
A Chinese surveying team reaches the summit of Mt. Qomolangma on May 27, 2020. In order to pay tribute to the brave climbers, we shared the mountaineering experience and thoughts of Wang Wen, Executive Dean of Chongyang Institute for Financial Studies of Renmin University of China (RDCY) , who had reached the top of Asia, Europe and Africa. This article is based on the author's experience after climbing to the top of Kilimanjaro in February 2019.
2020-05-28
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