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Europeans grow wary of their old partner
The European Union and the United States, which have long championed shared goals, have increasingly been drifting apart as evidenced by disputes over issues ranging from security to trade in recent years.Entering the new year, the tensions between the two powers are likely to continue, although their overlapping interests are seen as preventing any rapid decline in their relations.
2020-01-08 -
Uncertainty remains over date for signing phase one deal
There is still uncertainty regarding when China and the US will sign the phase one trade agreement as final details remain to be worked out and other complicating factors have arisen, such as the escalating conflict between the US and Iran, Chinese analysts said on Monday.Unilateral announcements from US officials and media speculation about the date and other details about the signing ceremony should not be taken as final until they are confirmed by Chinese officials, the analysts noted.
2020-01-08 -
Huang Renwei: Where Are China-Russia Relations Heading?
China officially refers to its relationship with Russia as a comprehensive strategic partnership of coordination. The two countries do not simply pursue military or security cooperation but work for comprehensive cooperation, especially in economics. There are two main trends in the future development of China-Russia relations. One is that economic cooperation is becoming deeper and more comprehensive; the other is that the two countries will work to keep the international order stable in opposition to unilateralism.
2020-01-08 -
Wang Wen: Global efforts needed to restrict US adventurism
An Iranian friend of mine asked me what I thought about the killing of Qasem Soleimani, commander of Iran's elite army Islamic Revolutionary Guard Corps by a US drone strike in Iraq the day after Soleimani's death. I answered without hesitation - this is an act of state terrorism. There was no trial, no Congress authorization, no public debate, and the US simply killed a senior official of a sovereign country by arbitrary use of force and accusations from its hegemonic discourse power.
2020-01-07 -
Xi makes nation's voice heard around the world
President's overseas visits bolster diplomatic efforts. Over the past year, President Xi Jinping traveled to 12 countries in Asia, Europe and South America during seven overseas trips.Under the leadership of President Xi Jinping, China remained committed to multilateralism and championed justice worldwide this year, as it strived to push forward major-country diplomacy with Chinese characteristics, according to officials and analysts.
2020-01-07 -
Xi makes nation's voice heard around the world
President's overseas visits bolster diplomatic efforts. Over the past year, President Xi Jinping traveled to 12 countries in Asia, Europe and South America during seven overseas trips.Under the leadership of President Xi Jinping, China remained committed to multilateralism and championed justice worldwide this year, as it strived to push forward major-country diplomacy with Chinese characteristics, according to officials and analysts.
2020-01-07 -
William Jones: Trump begins a slippery slope with assassination of Soleimani
U.S. President Trump's unfortunate decision to follow the advice of his neoconservative advisers to assassinate Qasem Soleimani has placed the world on the slippery slope towards war and chaos – and not only in the Middle East. While Soleimani was reviled in the West for his role in terrorism, he was highly revered by the Iranian people as a fighter for Iran going all the way back to his service in the Iran-Iraq War. Those demonstrations some weeks ago protesting the economic conditions in Iran, which Secretary of State Pompeo and others were lauding as the beginning of a more pro-Western opinion, have now been replaced by millions out in the street mourning their fallen leader.
2020-01-07 -
China-ASEAN trade to burgeon further in 2020
Trade between China and Southeast Asian countries will continue to boom at a faster speed in 2020, thanks to Beijing's push to increase trade volume with those states under the shadow of the China-US trade war and the two regions' high complementarities in trade structures, experts said on Sunday. China and members of the Association of Southeast Asian Nations (ASEAN) will also see closer trade ties under a broader policy push, such as signing of a massive regional trade deal - the Regional Comprehensive Economic Partnership (RCEP) - the experts noted.
2020-01-06 -
He Weiwen : 4 years of Yangtze River Economic Zone: A development demonstration
January 5, 2020, marks the fourth anniversary of Chinese President Xi Jinping's historic speech launching the Yangtze River Economic Zone strategy. It is a significant strategy ensuring the high-quality growth of the whole country and has a vital stake in realizing the two centennial goals and the rejuvenation of the Chinese nation.Green, high quality and harmonious development are core experiences of the Yangtze River Economic Zone over the past four years, following the correct pathway charted by President Xi Jinping. It will undoubtedly continue to make a significant contribution to the whole country towards the great rejuvenation of the Chinese nation.
2020-01-06 -
Further RRR cuts predicted in short term
Further cuts in China's overall and targeted required reserve ratios (RRRs) are likely in the short term, possibly at the coming weekend, experts said after Premier Li Keqiang said that multiple measures will be considered to ease financing pressure on small businesses. Li said the measures might include RRR cuts, as well as re-lending and rediscount.Such moves could ease pressure during the upcoming peak season for capital demand in the New Year and Chinese Spring Festival, and keep reducing financing pressure of small businesses so as to boost economic growth, experts told the Global Times on Tuesday.
2020-01-03 -
Ding Gang: China, US decoupling not a certainty in 2020
During the last night of 2019, when joyful people in the Big Apple cheered as the Times Square Ball dropped, they must be expecting the NASDAQ screen to display more exciting data in the new year. People in Beijing also don't know where China-US relations are heading, despite that the phase one trade deal seems to have been fixed. Many years from now, when people recall 2020 perhaps they will find that as people from both countries were striving for their own countries' development, they were getting close, rather than drifting apart.
2020-01-02 -
20 QUESTIONS for 2020
With the arrival of the new year, China Daily has invited experts to share their outlooks on a number of issues that are likely to be in the news this year.
2020-01-02 -
Wang Yiwei: US Nord Stream 2 curbs won’t weaken EU
The US passed the 2020 National Defense Authorization Act for Fiscal Year 2020, which includes punitive measures against companies and individuals involved in the Nord Stream 2 pipeline from Russia to Germany. The US sanctions on the pipeline project are the result of three key issues. First, the US is concerned the project could decrease its share of the European natural gas market. Second, the US is attempting to create obstacles in Europe-Russia relations.Third, as the EU has started to emphasize strategic independence, the US cannot sit still.US acts will harm domestic livelihoods, national interests and strength.
2019-12-31 -
Wang Wen: Small cities offer better insight into China
After visiting Yiwu in East China's Zhejiang Province, with more than 50 international students from over 30 countries studying at the Silk Road School, Renmin University of China, I found that a tour of a small city helps foreigners understand China better. Before the visit, most of these international students could hardly imagine that Yiwu, which could not rank among the top 200 Chinese cities in terms of the population or size, is known as the world's small commodity capital. The entire city is like a mega supermarket and there is nothing one cannot buy there.
2019-12-31 -
Pakistan widens use of yuan amid lower greenback supply
The State Bank of Pakistan (SBP), Pakistan's central bank, has released measures to guarantee the country's foreign trade and fundraisings can use the Chinese yuan, and experts said the standing of the yuan as an international currency will be elevated with further opening-up.Chen Yuncheng, CEO of the Karachi branch of Industrial and Commercial Bank of China, disclosed SBP's new arrangement to an audience during a yuan promotion event in Karachi on Friday, according to a report on the website of China's Ministry of Commerce.
2019-12-30 -
William Jones: Draw-down of U.S. forces in Africa & Mideast presages Pacific buildup
U.S. Secretary of Defense Mark Esper has not minced any words about his intent on reshaping U.S. force deployments in order to confront a "rising China" in the Asia-Pacific region, redeploying U.S. forces from Africa and the Middle East to the Asia-Pacific region.In addition to the military redeployment, the U.S. Congress has launched a campaign to revive the strategies of the Cold War against China in an attempt to divide or to cripple that country.
2019-12-30 -
Chinese small commodity sales brisk despite trade war
Flag and banner makers in Yiwu, East China's Zhejiang Province, believe that US President Donald Trump will win re-election next year. The flag makers in the world's largest small commodities production hub are getting more orders for items for Trump's campaign than for any of his rivals, just like in 2016. The orders are an informal means to predict the US presidential election, market insiders say
2019-12-27 -
John Ross: US policy on China won’t change
With deep seated problems apparent throughout the world, and increasing instability and uncertainties, will there be a change in fundamental US policy toward China? We have very good news that China and the US have reached a conclusion on a phase one trade deal, which is excellent. But I suppose the answer is "No." The US won't change its fundamental policy, whether Trump is reelected or not. If he is reelected, there obviously won't be fundamental changes. If he is not reelected, the candidates of the Democratic Party are also expected to hold hard line foreign policy.
2019-12-27 -
The Greater Bay Area is at the forefront of the 'flying geese' development of China
John Ross, senior fellow at the Chongyang Institute for Financial Studies of Renmin University of China and former director of Economic and Business Policy of London, gives a speech at Vision China 2019 Macao on December 11, 2019. The Guangdong-Hong Kong-Macao Greater Bay Area is in the vanguard of China's global economic rise, said John Ross.
2019-12-26 -
BRI embodies a different modernity norm
Even Western media outlets skeptical about or even opposed to the China-proposed Belt and Road Initiative (BRI) have to admit that its progress has helped spread the country's influence - the major cause of the West's anxiety. Why is the rising influence of China bad news for the West? On the surface, they believe that through the BRI, China is spreading a way of modernization which does not conform to Western civilizational norms. In essence, they consider China unqualified to disseminate modernity around the globe.
2019-12-26
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