In face of trade tensions increasingly stirred up by the United States, China has ample trade weapons loaded to return fire and protect its own interests whenever necessary, officials and economists have said.
US, British and French forces fired over 100 missiles at Syria last weekend, accomplishing a so-called "perfectly executed strike." During his visit to Peru, US Vice President Mike Pence said the US was "prepared to continue this effort until we are assured that chemical weapons will never be used again against innocent civilians in Syria."
On the evening of April 9th, RDCY Seminar Series No.108 was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Professor Wang Jianhua from the School of Foreign Languages at Renmin University of China (RUC) was invited to give a lecture on the “Belt and Road” and cultural exchanges, as well as the translation that should be paid attention to in communicating with the countries along the “Belt and Road”.
Trade protectionism is beneficial to certain economies in the short term, but it is detrimental to the global market. Therefore, trade protectionism is a utilitarian manifestation that lacks a global trade perspective, and the 10-year crisis cycle also showed that trade protectionism slowed the process of global economic recovery.
In short, China`s national line of advance falls firmly in line with globalization, and with the principles that China`s national interests are complimentary to other countries` interests, and that national self-interest is the firmest guarantee that a course will be pursued.
The 40th anniversary of reform and opening-up makes 2018 a banner year for China. The commitments made at this year’s National People’s Congress for a deepening of the “reform and opening up” policy also characterize a “new era” in the development of the People’s Republic of China.
The competitive mentality of the US and its pursuit of global dominance over China has partly driven the US President Donald Trump to reconsider joining the Trans Pacific Partnership (TPP)
As tensions over Sino-US trade ties become increasingly sharp, a tit-for-tat trade war between the world`s two largest economies is taking shape. The China-US relationship seemed promising during US President Donald Trump`s first year in office. Yet contradictions between the two suddenly escalated with the publication of Washington`s latest National Security Strategy and National Defense Strategy. What provoked the sharp turn? Where are the current trade conflict and Sino-US relations headed? G
India is pursuing rejuvenation of the nation. This goal can only be achieved through continuous reform and opening up, but it also requires an increased ability to adapt by resolving the impacts brought on by opening.
The liberalization of China`s financial service industry and capital market will draw more investment from overseas institutional investors and will help boost the global profile of the Chinese currency, international financial experts said on Wednesday.
The changing pattern of global economic development has given rise to new proposals of international relations and cooperation. From Davos to Boao, a community with a shared future for humankind is China`s proposal as it develops into an influential global power amid historic changes. China`s proposal has the potential to promote global development in a more equitable and fair manner.
ODA did not help with poverty reduction, economic and industrial growth. Quite the opposite: African countries have developed an institutional dependence on ODA, which limits local governance ability.
With economic tensions between China and the US escalating, the Boao Forum for Asia (BFA) has opened, with an aim to promote Asian regional common development.
On the evening of April 3rd, RDCY Seminar Series No.107 was held in Chongyang Institute for Financial Studies at Renmin University of China (RDCY). Professor Zhao Xijun, Deputy Dean of the School of Finance at Renmin University of China (RUC), was invited to give a lecture, interpreting the reform trend of China`s capital market after the “two sessions” . The lecture was moderated by Liu Ying, a researcher at the RDCY.
Who would be the involved parties of a trade war? The answer is quite simple - the US and China - not that others would not have a stake in such a conflict. But it would mainly be driven by the US and China. It is becoming dangerous as the US stance mixes geopolitical rivalry - to be managed by diplomats - and economic rivalry, which should be handled according to rules-based competition.
China is stronger now, but it never seeks hegemony or expansion. The country, as well as other emerging economies like India and Russia, just deserve right positions in global governance.
Trade protectionism is the wrong remedy for major economic problems in the US, such as low saving rate and over consumption.Asia did not and may not move out of the shadows of violent external environments and internal uncertainties in 2018, and challenges include the deceleration of global value chains, the vacancy left by the US exit from the Trans-Pacific Partnership Agreement, the narrowness of the internal demand and lack of collective efforts to reform the financial system, according to th
A trade war does not make economic sense, and it does not help solve the structural problems that US economy truly has. A much more plausible way to understand Trump`s trade war mentality is to see it as a political gamble rather than an economic move.
Since China proposed the Belt and Road Initiative (BRI) in late 2013, the impacts of the 21st century Maritime Silk Road (MSR) construction on the South China Sea (SCS) issue become a focal point of both academic research and public concern.
The American Dream was beautiful, not only because the U.S. was the only superpower in the world, but also because it had an open mind to embrace immigrants. Now, the country is depriving people of their right to realize their dreams under a paranoid mode of power.