The US Congress has made the passing of the "Hong Kong Human Rights and Democracy Act of 2019" introduced by Congress members in June a top priority, while over the weekend some demonstrators in Hong Kong urged the US Congress to approve the law. Three experts share their views on the issue with China Daily's Liu Jianna. One of expert is senior dean of RDCY.
An informal meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi will be held on October 11 to 13. This informal meeting will play an important role in enhancing strategic mutual trust between China and India and unleashing the potential of cooperation.
The BRI is mainly a geo-economic initiative, but there are many ongoing debates on its geo-economic and geostrategic implications. One can observe the geo-economic aspects of the initiative in the report delivered at the 19th National Congress of the Communist Party of China in October 2017, from which we understand that the BRI has implications that will affect not only the region but global dynamics as well. On a smaller scale, the BRI is one of the concrete measures to balance regional development together with the coordinated development of the Beijing-Tianjin-Hebei region and the Yangtze Economic Belt. On a larger scale, the BRI paves the way in opening China further to the world through trade routes running eastward and westward, across land and overseas.
I received a special gift for the Mid-Autumn Festival this year: three boxes of mooncakes from the US Embassy in China. I shared the delicious dessert with my colleagues, and I appreciated the generosity of the senior US diplomat who sent me the gift. Over the past few months, we used to have heated arguments, but it was what that made us friends. Our argument started this spring when the US embassy cancelled my visa to the US without giving an explanation. I had paid tens of visits to the US, had been to more than 20 US states and have been responsible for a major project on China-US people-to-people exchanges. But none of this justifies the cancellation of my visa.
Tariffs are now becoming toys for US President Donald Trump. He always plays the "tariff card" when he feels bored, and he needs to because he is addicted to tariffs. Without tariffs, President Trump has no fun with himself and his team members. resident Trump has used tariffs like an ATM to draw money from other countries. This is ridiculous for the whole world. Whenever he finds a shortage of money to sustain his administration, he begins to threaten others with tariffs, and he acts like a robber who collects money from others' pockets.
While the ongoing trade conflict between China and the United States will benefit no one, China should focus on its own economic development driven by deepened reform and opening-up, which will help to offset all impact from trade frictions, experts said at a seminar on the trade spat held in Shanghai on Wednesday. One important step that the country has made is in the number of national-level strategies on integrated regional development in areas such as the Yangtze River Delta region. These will help to improve the quality of the country's economic development
On September 3, China issued a new white paper entitled "Nuclear Safety in China" which elaborated on China's basic principles and policies in the field of nuclear security, sharing its concepts and practices of regulation, and clarifying its determination to promote global nuclear safety governance and the actions it has taken to achieve this. The document also underlined how China's rapid expansion of nuclear energy is part of their program to move toward "clean and efficient energy"and to reduce China's dependence on coal.
While cranking up the trade war with China, US President Donald Trump's administration is also reinforcing efforts to explain its detrimental effects. In a string of tweets in late August, the president refuted the view that his trade policies were hurting the US economy saying "The Economy is doing GREAT, with tremendous upside potential." He also claimed that "The farmers are going to be so happy when they see what we are doing for Ethanol," and blamed "bad management" instead of the tariffs for the "badly run and weak companies." On August 23, Trump ordered "great American companies" to "immediately start looking for an alternative to China."v
Chinese netizens boycotted the response by Zara after the Spanish fashion brand was suspected of complying with opposition groups' call for a strike by suspending business on Monday, saying that response was perfunctory. Zara said on its Sina Weibo account late Monday that the company upholds the territorial integrity and sovereignty of the People's Republic of China and supports the "one country, two systems" principle.
The mass rallies in Hong Kong over the past months have astonished the world - and probably the people of Hong Kong themselves. On the surface, the problems that initiated the protests are political. However, there is always a deeper reality that feeds the protests and it usually has to do with social economic questions, which define people's daily lives. In the reports covering Hong Kong more and more references are made to the questions of economic opportunities of the young, the rocketing prices of housing and other existing social and economic problems
No person or country in this world can defeat the US. In the end, it can only be one of its own presidents who triumphs, and Trump may be that very president. It is US President Donald Trump who has damaged the credibility of the US system. He undermined the country's foundation, the so-called "separation of powers." Trump likes issuing orders, and he changes his mind so frequently that it has almost become a routine. As a result, few countries in the world can seriously reason with the US.
American Factory, a documentary backed by former US President Barack Obama and former first lady Michelle Obama, records the twists and turns that Chinese glass manufacturer Fuyao encountered while setting up a factory in Dayton, Ohio. In 2017, the New York Times reported on the cultural conflicts the Chinese company had encountered. Labor unions are tough opponents, and they are opponents that the Chinese government and companies cannot overlook.
The violent protests in Hong Kong are organized and led by external forces, as is evident to anyone who has seen such operations in other countries – for example, the 2014 Euromaidan as a coup d'etat attempt in Ukraine. The claim that these violent actions are "leaderless" or "spontaneous" is completely false as any view of the protesters, who are clearly well organized and trained to deal with the police, and any examination of the political facts, shows. The public leaders of the protests have strong links with both the U.S. and separatists in Taiwan.
The violence that erupted in Hong Kong in what began as a peaceful protest against an extradition bill caught the world by surprise. Rioters smashing store windows and attacking police with Molotov cocktails and other makeshift weapons is unacceptable in any law-abiding society. However, international media immediately sided with the violent protester and upbraided the police who used minimum force to quell the rioters.
Over the past more than 70 years since its independence in 1947, India has been facing the challenge of building national identity. It's widely believed that the move to revoke India-administered Jammu and Kashmir's autonomy by the government of Prime Minister Narendra Modi through constitutional amendments is a means of consolidating national identity. Many other multi-religious and multi-ethnic Asian countries, in fact, are facing the same challenge.
The US recently intensified accusation of China's 'insufficient effort' on tackling fentanyl problem also serves the political purpose of the Republican, who prioritizes dealing with drug problems in its agenda. With the looming 2020 presidential election, Trump's slandering of China over fentanyl also serves to divert domestic attention from his failure to deal with drug problems within the US. connecting fentanyl with the trade negotiations indicated that the US was trying to use it as a bargaining chip in trade negotiations with China.
On August 20, 2019, Wang Wen, Executive Dean of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), opened the new column “Wang Wen on Changing World” in Global Times (English edition). Following is the list of all articles.
HSBC, which was entangled in helping US arrest Huawei's Chief Financial Officer Meng Wanzhou, is attaching importance to the growth of the Guangdong-Hong Kong-Macao Greater Bay Area that offers ample financial services opportunities, but experts warned that if the UK-based bank hopes to further expand in the Chinese market, it should not play more underhanded tricks against China.
These unprecedented waves of protests raise an important question. Why it is happening? Are the protests against the fugitive bill or the foreign intervention? Or are they about democracy or the economics? The main and fundamental reason of the crisis is an economic one. The Hong Kong Special Administrative Region (SAR) is gradually but continuously losing its competitiveness to other regions of China, especially to its neighbors. The process has significantly accelerated in last couple of years.
China has been working to innovate more in the face of the trade war, how close is China to its goal of reducing dependence on the U.S. in terms of technology? Chen Chenchen shared her insight.