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Ding Gang: Despite rivalry, much unites China and US
On my flight from Beijing to Los Angeles, I watched US Vice President Mike Pence's speech on China policy and felt a chill that reminded me of the Cold War. But when I walked out of the airport, a tender breeze alleviated that uneasy feeling.
2018-10-11 -
China's central bank cuts reserves to stabilize market for further growth
With its fourth cut of the reserve requirement ratio (RRR) by 100 basis points (bp) starting October 15, China’s central bank is believed to be focusing on internal stability and for stable growth while supporting market confidence, experts said.
2018-10-11 -
Chen Dingding: 3 Types of Chinese Reactions to Mike Pence’s China Speech
Last week at the Hudson Institute in Washington, D.C., U.S. Vice President Mike Pence delivered the Trump administration’s first major policy speech on China. The speech was highly anticipated in both the United States and China because of its significance and the context in which it was delivered. Indeed, the Trump administration, since it took over in January 2017, has been criticized (rightly) for lacking a coherent China policy or even any China policy.
2018-10-10 -
Zhao Minghao: Washington is underestimating East Asian geopolitics
US Secretary of State Mike Pompeo's Asia trip was aimed at promoting the denuclearization of the Korean Peninsula. He conducted a short "shuttle diplomacy" in Japan, the Democratic People's Republic of Korea (DPRK), the Republic of Korea (ROK) and China. Moreover, the trip took place against the background of rising tensions between China and the US. At a time when Washington seems to want to add pressure on Beijing, whether it can continue to cooperate with the Chinese authorities on the DPRK n
2018-10-10 -
Liu Zhiqin: The politicization of IMF is dangerous
Since the establishment of International Monetary Fund (IMF), it has been the main pillar in international economy. Its most important function is to provide necessary financial aid or loans to weaker economies, mainly in developing countries to support various projects. Most of these loans have played positive roles in favor of the receiving nations.
2018-10-10 -
Will worsening China-US relations hinder denuclearization for DPRK?
US Secretary of State Mike Pompeo kicked off his fourth trip to the DPRK this year on Oct. 7. How would the US and the DPRK restart the deadlocked denuclearization negotiations? That is the main focus of international attention.
2018-10-09 -
Chen Dingding: The US-China Trade War Has No Winners—Yet
There is little doubt that the most consequential geopolitical event this year is the ongoing trade war between China and the United States. A full-blown trade war between the two largest economies in the world is already in place with the most recent round of tariffs, with the United States imposing another $200 billion worth on Chinese goods and China retaliating with a $60 billion round on U.S. goods. Various analysts and commentators have hotly debated who will win the trade war and the impa
2018-10-09 -
Wang Yongli: What Financial Crashes Teach Us
Erupting in September 2008, the global financial crisis has lasted a decade. After the crisis, the worldwide trend of surplus production capacity and inadequate demand could not be reversed and the world economy has remained sluggish, leading to significant changes in the world and creating serious social problems. We need to analyze the root causes and lessons of the crisis so as to better address any likely new crisis.
2018-10-09 -
Does Pence's speech signal a new 'Cold War' ?
US Vice-President Mike Pence delivered a speech on Thursday in which he criticized China on multiple fronts. Among other things, Pence accused China of meddling in the US' midterm elections in a bid to undermine the Donald Trump administration. Some have claimed his speech indicates the start of a new "Cold War". What does the speech mean for bilateral ties? Three experts share their views with China Daily's Liu Jianna. Excerpts follow:
2018-10-09 -
Zhao Minghao: Bamboo curtain will turn iron if US doesn't wise up
Many observers expect the meeting in Beijing between the top diplomats of China and the US to quell tensions amid an escalating trade war and frequent military skirmishes. However, it seems their hopes have fallen through since the talks commenced with deep grievances that leave little room for compromise.
2018-10-09 -
Special payment system to counter US sanctions
China fully supports the EU's proposal to set up a "special payments system" to facilitate trade with Iran and safeguard the Iranian nuclear deal, a move experts say will reduce reliance on the US dollar in global trade and further isolate it from the international community.
2018-10-08 -
China, US unlikely to engage in a new Cold War
US Secretary of State Mike Pompeo is scheduled to visit China on Monday, following US Vice President Mike Pence's speech which highlighted a more aggressive approach toward China on Thursday.
2018-10-08 -
Liu Zhiqin: Chinese yuan must become safer and stronger
The US administration has launched a trade war with China and other major economic powers. We have to realize the fact that the world is changing to a new stage fraught with uncertainties.
2018-10-08 -
China to cut reserve requirement ratio, with monetary policy unchanged
The People's Bank of China (PBOC) decided on Sunday to cut the reserve requirement ratio (RRR) for RMB deposits by one percentage point starting from Oct. 15, but the stance of China's monetary policy remains unchanged.
2018-10-08 -
Macedonia's referendum: What's in a name?
The Republic of Macedonia held a non-binding referendum on September 30 to decide whether to change the name of the constitutional state – which has been used since its independence in 1991 – to the "Republic of North Macedonia". Preliminary results released on October 1 showed that 90 percent of voters said "yes", but the turnout was below 50 percent and the referendum may be invalid.
2018-10-08 -
Trade war having negative impact on US economy as deficit widens
The widened US merchandise trade deficit in August shows that US President Donald Trump's trade war has had a negative impact on the country's economy, and more uncertainties loom for the US and world economies, Chinese analysts said on Friday.
2018-09-29 -
Zhao Minghao: Damage from Trump's trade unilateralism goes beyond China, US
Chinese State Councilor and Foreign Minister Wang Yi called on Friday for stronger actions to defend multilateralism in his speech at the General Debate of the unfolding United Nations General Assembly (UNGA).
2018-09-29 -
Liu Zhiqin: US accusations about technology transfer ring false
Amid all the unfair tariffs and false accusations made by the US to attack China, one claim has been particularly irritating: Western countries have continually accused China of requiring transfer of technology in return for access to its market. The US government has repeated this lie many times to make it sound like the truth. However, it is the Western countries that invented the idea of using technology to gain access to other markets.
2018-09-28 -
Zhao Minghao: How Trumpism will damage global order
US President Donald Trump's address at the 73rd UN General Assembly (UNGA) has shocked the world again. Trump put it bluntly, "We reject the ideology of globalism and we embrace the doctrine of patriotism." But UN Secretary General Antonio Guterres once said that multilateralism was more vital than ever to tackling dramatic global challenges. French President Emmanuel Macron also addressed the assembly and warned without multilateralism global wars would return.
2018-09-28 -
RDCY Report: Public confident in Chinese economy amid trade war
The trade row between the US and China escalated as the Trump administration imposed new 10 percent tariffs on $200 billion of Chinese imports, effective Monday. From the new year, this round of US tariffs will be increased to 25 percent.
2018-09-28
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