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Trump jacks up tariffs on Chinese imports in latest tit-for-tat move
China imposes new tariffs on $75 billion in U.S. imports, which is considered a retaliatory countermeasure from Beijing. This is following U.S. President Donald Trump's announcement of a 10-percent tariff on 300 billion dollars' worth of Chinese goods. Liu Zhiqin, a senior fellow at Chongyang Institute for Financial Studies, said the tariff war will not make America richer and America has to realize how it is hurting the world economy.
2019-08-26 -
U.S. may not be the beneficiary of its own tariff hikes
The U.S.' latest move of levying another 10 percent tariff on Chinese goods has triggered a quick response from China. Leading Chinese scholars on Friday gathered at a panel discussion in Beijing to discuss the impact of the U.S. tariffs. Some experts argued the U.S. may not be the beneficiary of its own tariff hikes as it claims.
2019-08-23 -
Shenzhen: Reform pioneer takes on new mission
Being the birthplace of China's reform and opening-up policy and a breeding ground for innovation in the past four decades, Shenzhen is taking yet another step forward. The southern Chinese city will transform into a competitive, innovative and influential global powerhouse by the mid-century, demonstrating socialism with Chinese characteristics, according to new guidelines released by the Chinese government last Sunday.
2019-08-23 -
John Ross: The future of Hong Kong lies with the Chinese mainland
Hong Kong is now in its eleventh consecutive week of mass protests. The violent clashes between police and protesters have grabbed global attention. John Ross shares his views on the issue on CGTN.
2019-08-22 -
Big Four accounting firms assailed on HK stance
People who claim to be employees of the Big Four accounting firms - KPMG, Ernst & Young (EY), Deloitte and PricewaterhouseCoopers (PwC) - in Hong Kong have crowd-funded an advertisement in the city's Apple Daily to denounce statements made by senior executives of their firms and whitewash arrested rioters as "righteous guys" as increasingly violent protests bring huge damage to the city.
2019-08-22 -
John Ross: The future of Hong Kong lies with the Chinese mainland
Hong Kong is now in its eleventh consecutive week of mass protests. The violent clashes between police and protesters have grabbed global attention. John Ross shares his views on the issue on CGTN.
2019-08-22 -
Ding Gang: Can religious identity bring unity to India?
The Indian government has abolished the special status for India-controlled Kashmir and decided to split the region into two union territories to be directly ruled by the central government. Indian Prime Minister Narendra Modi had vowed to do so during his campaign for the 2014 election. During the general election 2019, Modi's Bharatiya Janata Party (BJP) again promised to revoke Kashmir's special status. Such moves have intensified tensions in the region.
2019-08-22 -
Zhang Jingwei: Sino-US relations enter ‘new normal’ stage
As the Group of Twenty summit in Osaka concluded, US President Trump agreed to allow American companies to sell their products to Chinese tech giant Huawei Technologies. The results of the meetings between Chinese President Xi Jinping and Trump ended up being rather gratifying. Trade conflicts between China and the United States have been going on for more than a year, with the conflicts extending to the fields of science and technology, and with the US landing big hits by imposing tariffs on goods worth at least US$250 billion.
2019-08-21 -
Politicians told HK not a chip for bargaining
Chinese officials and experts have urged politicians in the United States to stop using the situation in Hong Kong as a bargaining chip for negotiations or as leverage for fueling competition with Beijing. Senior politicians such as US Vice-President Mike Pence and House Speaker Nancy Pelosi have spoken out on or pushed legislation concerning the recent violent protests in the city. Pence angered China on Monday by telling the Detroit Economic Club that "for the United States to make a deal with China", Beijing needs to "respect the integrity of Hong Kong's laws".
2019-08-21 -
Zhang Jingwei: Equal dialogue key in Sino-US trade talks
The leaders of China’s and the United States’ economic and trade consultation teams spoke over the phone on the evening of July 9 on the implementation of the consensual exchanges agreed by the two nations at the recent G20 summit. The Americans appear to be showing goodwill for the upcoming round of talks. The US Department of Commerce has announced that it will partially lift the Huawei ban by removing restrictions on exports to the firm and eliminating tariffs on 110 Chinese products that were previously hit with a 25% levy.
2019-08-21 -
Are China-U.S. trade talks back on track after Trump's suspension of some tariffs?
The United States announced on Tuesday that it will suspend certain tariffs on a range of Chinese imports until mid-December for "health, safety and national security" factors, while saying that the 10-percent tariff on other items will go into effect as planned on September 1. As the next round of trade talks is scheduled to take place in September, does the announcement by the Office of the United States Trade Representative (USTR) raise hopes for further progress?
2019-08-20 -
Wang Wen: China and world can learn from each other
From this week, Wang Wen, Executive Dean of RDCY, opened the new column “Wang Wen on Changing World” in Global Times (English edition). The first artical "China and world can learn from each other" was published on August 20, 2019.
2019-08-20 -
72 years after independence, what has Pakistan achieved?
Pakistan is celebrating the 72nd anniversary of Independence Day amid escalated tensions with India after the latter revoked the special status of Jammu and Kashmir, flaming a territorial dispute that has dragged on for over seven decades. Pakistan responded by downgrading diplomatic relations and suspending bilateral trade ties with India. It also expelled India's high commissioner and vowed to challenge the decision at the UN Security Council.
2019-08-20 -
U.S. to take role in the latest Japan-South Korea rift?
Tensions between South Korea and Japan are growing as South Korea announced the plan to drop Japan from its "white list" of countries with fast-track trade status from September. This tit-for-tat move followed Japan's action to remove South Korea from its "white list" after an earlier decision in July to restrict exports to South Korea of three key, high-tech materials.
2019-08-20 -
William Jones: Beware the policy of 'strategic tension'
Major unrest in Hong Kong, provocative moves by India's leader in Kashmir, upgraded arms sales to Taiwan, and an unraveling of the nuclear non-proliferation regime are all indications of a heightened degree of tension in the world community. And this is occurring against the background of increased trade tensions and a general sense that the world is facing an imminent collapse of the international financial system.
2019-08-20 -
John Ross: What pushed Hong Kong to the brink?
Hong Kong is now in its tenth consecutive week of mass protests. The violent clashes between police and protesters have grabbed global attention.
2019-08-19 -
Zhao Minghao: Trump Pushes China-US Trade Negotiations Toward Long-term Impasse
By deciding to impose a 10-percent tariff on the last remaining freely traded $300 billion of Chinese exports to the US starting in September. US Department of the Treasury designated China as a “currency manipulator” a designation. China decided to suspend its purchase of US agriculture products. Though China and the US had agreed to start their 13th round of trade talks in Washington in September, we have reasons to worry these anticipated negotiations may not occur as scheduled as tensions escalate between the two countries.
2019-08-19 -
Danilo Türk: China on course to a promising future
2019 marks the 70th anniversary of the founding of the People's Republic of China (PRC). How far is China away from realizing its rejuvenation? How hard will the process be? How will China's development influence the world in the future? Global Times interviewed Professor Danilo Türk (Türk) on these issues.
2019-08-19 -
Fearless spirit will safeguard China’s future
The article was complied based on a speech by Li Zhaoxing, former Chinese foreign minister, during a conference on the book Great Power's Long March Road: The views of China's rejuvenation and the future of the world after hundred countries' visit written by Wang Wen, executive dean of the Chongyang Institute for Financial Studies, Renmin University of China.
2019-08-19 -
Long Xingchun: Pakistan unrelenting on Kashmir issue
Pakistan is prepared to "fight to the end" over the Kashmir issue if necessary, Prime Minister Imran Khan said on Wednesday during a speech from Pakistan-controlled Kashmir. "I don't want war but it's clear now that they [India] don't want to talk," Khan said. Pakistan's 73rd Independence Day was celebrated on Wednesday as "Kashmir Solidarity Day," so as to express support for the people of Kashmir.
2019-08-19
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