It's boom time for Chinese think tanks. With 570 such institutions, China maintains its eight-year dominance as the world's second largest think-tank factory. A total of seven Chinese think tanks are on the global top 100 list, and almost 30 percent of the top 90 think tanks in China, India, Japan and the Republic of Korea are from China, according to the 2017 Go to Think Tank Index Report released early this year.
The most frequent excuse used by US President Donald Trump to support his reckless decision to launch a "trade war" against China is that China has taken advantage of the US. Many people, especially some Americans, seemed to be convinced, though the facts suggest differently.
A consensus shared by several Chinese trade and economic experts is that the real intention of the US' tariff measures against China is to contain the country's emerging power, seen in advanced technologies in fields such as high-speed rail construction, 5G technology and mobile payments.
In spite of globalization being a secularizing process, the revival of religion during our times has become a common phenomenon. The heart going back to God reflects a resistance to globalization and a resilience that stems from being marginalized in the process.
Taking into full consideration the interests of its people and companies, as well as the global value chain, the Chinese government made the decision to impose differentiated tariff rates targeting $60 billion worth of U.S. goods. That's in stark contrast to the U.S.' one-size-fits-all tariff approach, which was ill-considered, they said.
The relationship between the United States and China could be win-win, since they are very “complementary economies”, John Ross, Senior Fellow at the Chongyang Institute for Financial Studies, Renmin University of China, told Xinhuanet in a recent interview.
Chinese companies can weather the first wave of unilateral US sanctions set to hit Iran on Tuesday by expanding the use of renminbi (RMB) in their transactions with Middle East countries, Chinese observers said Monday.
US President Donald Trump held a special press conference following the announcement of US annualized quarter-on-quarter growth of 4.1 percent in the second quarter to claim that this was "historic" - by which he meant "historically high." This was a particularly clear case of "fake news" coming from a US president.
While China's July financial statistics showed the real economy is being supported by increased money supply, monetary policy cannot be the ultimate solution to economic pressures, said experts.
In an effort to achieve "world peace," Donald Trump has decided to re-impose "the most biting" sanctions against Iran. The US has urged all its allies to cut off oil deals with Iran, the world's fifth largest oil producer, by zero this November.
This June the EU issued a formal communication following the dispute settlement procedures of the World Trade Organization. The EU is requesting consultations with China relating to Article 64 of the Agreement on Trade-Related Aspects of Intellectual Property Rights. The EU alleges China imposes restrictions on foreign intellectual property rights holders, who, because of restrictions, cannot freely negotiate market–based contractual terms of licensing and other technology-related contracts. The
The development of emerging Asian economies is entering a bottleneck due to the structure of employment. On the surface, boosting employment is the main challenge, but in essence, the existing employment structure is unstable. This jeopardizes sustainable development.
The past 40 years have witnessed one of the most spectacular changes in history. Not only was China - in its period of reform and opening-up - able to lift more than 800 million people out of poverty, it has also influenced, in a very positive manner, the global economic development.
Various political parties are gearing up for India's general elections slated for the first half of 2019. Apart from the fierce competition with opposition parties, there are internal conflicts within the incumbent Bharatiya Janata Party (BJP). Opposition parties, notably the Congress party, are anxious to defeat Prime Minister Narendra Modi and his BJP, while Modi's own party members are trying to replace him. It seems that the focus of the struggle is on Modi. So, have his domestic and foreign
The U.S. media is aware that the Trump administration has only a narrow window of opportunity to attack China in the "trade war" before the situation in the U.S. worsens. The Trump administration aims to use the normal upswing of the U.S. business cycle in 2018 to disguise the pain that U.S. tariffs are causing for the U.S. population, companies, workers and farmers – before a downturn of the U.S. business cycle in 2019-2020 makes that pain more severe.
A trade deal between the European Union and the U.S. is said to be in the works, causing a temporary relaxation of tensions between the two.
During my recent trip to Japan, a friend told me that the elevators in the building of a Chinese institution in the country had been used for nearly 20 years and never had a malfunction. Maintenance personnel come to inspect and maintain the elevators regularly.
The US administration is said to be gearing up to unleash another "trade bomb" to scare China: increase tariffs on 200 billion US dollars' worth of goods from China from 10 percent to 25 percent, thus igniting chaos and concern in the world market.
The visit to China by Jeremy Hunt, the British Foreign Secretary, has raised hopes that the 'golden age' of China-UK relations, established under former UK Prime Minister David Cameron, will be maintained. During that period Britain sought excellent economic relations with China, took independent steps in foreign policy such as joining the Asian Infrastructure Investment Bank despite US opposition, and minimized provocative attempts to interfere in China's domestic affairs in Hong Kong and elsew
The key to boosting domestic demand is to develop the real economy, which the government is supporting with the launch of new financial and fiscal policies, experts said on Tuesday.