An apparent problem is that plenty of Western scholars still judge China's political system by Western standards. They rank political systems in accordance with Western theories, and believe China's centralized setup lags their democratic system and must evolve into democratic one. With the expansion of Western civilization in the past five centuries, such an understanding is considered reasonable. But actually, China's system existed long before the West formed its own, and has developed in China's own way.
The Chinese Foreign Ministry announced the first wave of countermeasures against the US on Monday since the US passed and signed the so-called Hong Kong Human Rights and Democracy Act and continued its interference in China's domestic affairs in the city. The move includes suspending visits of US warships and aircraft to the city and sanctioning multiple US-headquartered non-governmental organizations, including the National Endowment for Democracy (NED) and Human Rights Watch.
China will take strong countermeasures against the US, including releasing an "unreliable entity list" that includes relevant US entities, and imposing sanctions on relevant US officials, experts said, after the US House passed an act filled with groundless accusations against China's Xinjiang Tuesday night, local time. The Uyghur Human Rights Policy Act smeared China's counter-terrorism efforts in Xinjiang Uyghur Autonomous Region and used fabricated information to slander the vocational education and training centers and religious freedom in the region.
Canada Goose, Hatley, Factors Group - what do those names have in common? They are all Canadian companies that increased investment in China recently. Those companies' moves show a warming-up trend in bilateral economic relations between China and Canada, as Canadian enterprises value business opportunities in the Chinese market and won't stop their investment plans because of external pressure, experts said.
In order to promote quality economic growth, the Chinese central government has rolled out a series of policies including the Foreign Investment Law which will come into effect on January 1, 2020, 11 measures on financial reform and measures to promote the development of pilot free trade zones (FTZs). These policies have been well received by markets, will significantly improve the domestic business climate and will boost investor confidence.
Japan has too much to gain and will not abandon the Regional Comprehensive Economic Partnership (RCEP) easily, even without the presence of India, despite recent comments by a Japanese official on a possible withdrawal, experts said on Sunday. Japan's State Minister for Economy, Trade and Industry Hideki Makihara was reported by Bloomberg as saying that Japan is not likely to sign the RCEP if India doesn't join. India announced that it was withdrawing from the RCEP in November, saying that it would hurt its vulnerable citizens.
"Why does no one dare to criticize the US, which is the main country engaging in unilateralism? Why is the international community at its wits' end after the US has pulled itself out of various treaties and organizations? Why doesn't the international community jointly rein in the US international power?" My three questions surprised many of those present and added a tinge of excitement to the tedious breakout session. Then, I continued, "The 2030 agenda that sets out to achieve the 17 goals including 'no poverty' and 'zero hunger' needs clear and feasible mechanism rather than just empty talk."
DC Comics' official Instagram account released a cover of Dark Knight Returns: The Golden Child which many netizens found offensive, as it likely shows its support for Hong Kong's rioters, sparking a strong backlash on social media. In the cover, a character dressed as Batman, one of DC's most iconic characters, holds a flaming Molotov cocktail and tries to throw it. "The future is young. Dark Knight Returns: The Golden Child out 12/11," the DC Comics Instagram account said in the post on Wednesday, though the post was later deleted.
The US has targeted Hong Kong not only because of ideology and alleged violation of human rights and democracy in the SAR, but also, and more importantly, because it wants to slow China’s rise by curbing the global financial hub’s role as “bridge” in the Guangdong-Hong Kong-Macao Greater Bay Area, the Belt and Road Initiative and the internationalization of the renminbi. It wants to make Hong Kong a piece on its chessboard to keep China in check and serve the vested interests of the US and the West.
The U.S. Congress has determined to "stay involved" in Hong Kong affairs through the Hong Kong Democracy and Human Rights Act, which was signed into law by Trump on Wednesday. This requires an ever-watchful eye on possible machinations by the U.S. or the British in fomenting problems for China in Hong Kong. While the British Empire disappeared, British imperial thinking has not. And unfortunately, too many of their "American cousins" have also adopted that characteristic British swagger, which has always accompanied the British overlord.
China, Japan and South Korea are ready to lower trade barriers for each other, such as cutting tariffs, as they move to hold a fresh round of talks on forging a free trade deal, experts predicted. By such cooperation, the three Asian neighbors aim to hold together and withstand the chill of US-initiated protectionism, they added. China will reportedly hold a new round of trilateral free trade agreement (FTA) talks with South Korea and Japan on forging a free trade deal, according to the Yonhap News Agency.
The New Economy Forum in Beijing sent a meaningful signal recently: It’s not only academic leaders but members of the public in China and the United States who are worried about the possible decoupling of the world’s two largest economies. Decoupling, in the words of Henry Paulson, former U.S. treasury secretary, would mean the rise of an “Economic Iron Curtain.” Decoupling has been advocated repeatedly by White House hawks as a way of curbing China-U.S. relations in economy, trade, investment, technology and people-to-people exchanges. Their purpose is to check China’s rise as a strategic rival.
All planes flying from Kathmandu to Lumbini in southwestern Nepal are air minibuses. Shortly after the aircrafts take off, what heaves in sight is usually undulating mountains on the edge of the mighty Himalayas. Only half an hour later, passengers could see an immense plain. It is a gateway to the core of Indian civilization. Google Maps shows the driving distance from Lumbini to New Delhi is about 800 kilometers.
The United States was subjected to a week of hearings in the House of Representatives by the House Intelligence Committee attempting to make the point that President Donald Trump was unfit for office and should be impeached. The issue was an alleged attempt by the president to use promised military aid as a "wedge" to get the newly elected Ukrainian president, Volodymyr Zelensky, to investigate the role of Hunter Biden, the son of one of his Democratic challengers in the 2020 election, in alleged payoffs from the Ukrainian firm Burisma.
Located in downtown Shanghai, Yuyuan Garden, which was built during the Ming Dynasty (1368-1644), is a classical Chinese garden with an exquisite design. On the evening of November 5, Chinese President Xi Jinping and his wife Peng Liyuan invited visiting French President Emmanuel Macron and his wife Brigitte Macron to tour the garden and have dinner at one of its pavilions. Macron began his second state visit to China in Shanghai on November 4. During his three-day trip, he attended the Second China International Import Expo (CIIE) in Shanghai and held talks with Xi in Beijing.
Global governance has reached its most complex period in history. Against this backdrop, new ideas have emerged in the world - some people hope that China can replace the US to become the new global leader. However, I often tell some of my foreign friends not to expect too much from China. China has not yet walked out of the middle-income trap. China does not have that strength and foundation. China has not yet acquired the experience and ability for a global leader. China has neither the will nor the strategy to become a new global leader.
There are increasing fears that the trade dispute between the United States and China could further destabilize the global economy. The 19-month-long standoff is already hitting US consumers and the country's agricultural sector in particular, as well as affecting business confidence in China.
On October 31st, the eighth lecture of "The 70th Anniversary of the Founding of The PRC" series which hosted by Chongyang Institute for Financial Studies of Renmin University of China (RDCY) and Huanqiu Web, was held at RDCY. Jia JInjing, assistant to the Dean of RDCY and director of the Marco Research Department, delivered a keynote speech on "The development of productive forces in 70 years". The lecture was hosted by He Si, the director of the Office of RDCY. More than 100 guests attended the lecture.
Contrary to popular belief, it is not doctrines that are dominating Latin American politics, but globalization. If we still use neoliberalism or any other concept invented by Western scholars to explain what Latin America is passing through, our understanding of the continent may not be right. We can only understand the problems of Latin American countries by observing them in an already globalized world, especially comparing them with Asian countries.
China will support Singapore to become one of the international financial centers for offshore yuan trading, said an official from China's central bank on Monday, according to media reports.Analysts say the move symbolizes further internationalization of the yuan and shows that China is more open to foreign capital.