China is not afraid of a trade war and is capable of fighting back with various means, Chinese analysts said after US President Donald Trump signed a memorandum imposing tariffs against China last week.
On March 23, U.S. President Donald Trump signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars of imports from China, and Sino-US trade relations have triggered widespread concern in the world. Whether the Sino-U.S. trade war will arrive and whether it will evolve into a global trade war? Responding to these questions, Pascal Lamy, the former Director-General of the World Trade Organization (WTO), gave his opinions when he was invited to lecture at the forum of Chongyang
China urged the US on Friday not to underestimate China`s determination and capability, and the price that the US will pay for its "arbitrary and reckless behavior," and experts said that more retaliation will follow.
Editor`s Notes: On March 21, AmCham China hosted a forum on“US-China Relations Outlook Under Trump’s Administration”in New York. Zhang Qiyue, consul general of China in New York, Edward Cox, chairman of the New York Republican State Committee, and Wang Wen, executive dean of Chongyang Institute for Financial Studies, Renmin University of China, attended and spoke at the event. The following is the full text of Wang’s speech.
Vladimir Putin won a landslide re-election victory with 76.65 percent of the vote in Sunday`s election. His annual State of the Union address this year revealed that the Russian president will review domestic and foreign policies in his fourth term. US-Russia ties, an important link in Kremlin`s foreign affairs, will likely cause a domino effect and affect Russia`s relations with Washington`s allies. US-Russia slipped into a dark period with the Ukraine crisis and the alleged collusion between t
Visitors to India are often amazed by the colorful cultures of diverse ethnic social groups and geographical regions. Sometimes they even ask: "Are we in the same country?"
The relationship between China and the United States should enter a new era of co-evolution for win-win outcomes, an academic said here Wednesday.
Today`s world is funny: sometimes it`s ruled by law, but most of the time the world is not ruled by law. How can it be? Because in many cases we find things are too "strange" to understand in a normal way.
The People`s Bank of China (PBC), the country`s central bank, announced on Wednesday that access restrictions for foreign third-party payment firms will be lifted in order to promote a new overall opening-up pattern.
US President Donald Trump`s recent signing of the Taiwan Travel Act has roiled ties and brought a new challenge to Sino-US relations. With tensions escalating between Beijing and Washington in trade, the US move over Taiwan made the situation more complex.
Indian scholar claims China is using the Belt and Road Initiative to engage in "creditor imperialism.". The latest round of such threat theories is not at all surprising to Chinese citizens and scholars, and is also denied by some BRI nations.
President Xi Jinping`s important speech delivered on Tuesday reflected his people-centered philosophy of governance as well as his commitment to building a community of a shared future for humankind, analysts said.
CCTV-4 "China News" program opens up a special report on "China`s New Era" . Wang Wen, executive dean of Chongyang Institute for Financial Studies at Renmin University of China, was invited to talk with the CCTV anchor Zhou Yingfeng on the hot topics regarding the achievements of the 40th anniversary of reform and opening up on March 19.
The situation has changed dramatically over the past three decades. The political, economic and technological changes that happened in our generation have produced a pluralistic global society characterized by a plurality of different, powerful and competing versions of modernity.
Iran invited both China and Pakistan to participate in the construction of its Chabahar Sea Port, but China has not given a clear response.
China`s banking regulator has announced it would adjust the provision coverage ratio for commercial banks from 150 percent to a range of 120-150 percent and the loan provision ratio from 2.5 percent to a range of 1.5-2.5 percent. The notification also said the ratios will be adjusted on a case-by-case basis within these ranges. These steps show China is moving forward with curbing bad debts.
During China`s “two sessions” in 2018, Chongyang Institute for Financial Studies at Renmin University of China (RDCY) launches a series of seminars to interpret hot topics. On the evening of March 12, the second lecture was given by Professor Zheng Xinye, associate dean of School of Economics at Renmin University of China, to analyze how the five development concepts will change China.
Chinese youth are defiantly embracing a "Buddha-like" mindset, with slogans such as "anything will do," "let it be" and "take life as it is" capturing media attention and stirring widespread debate on the usefulness of such thinking.
Debt imperialism! The Western media has given the Belt and Road Initiative (BRI) a new name. This label seems to have come about after more than 86 countries and international organizations signed the 102 Memorandum Of Understanding with the Chinese government to jointly build BRI projects, but some Western companies feel they do not have enough access to BRI projects.
China unveiled a plan on March 13 to restructure the government with a cabinet reshuffle. The institutional reform plan of the State Council was submitted to the First Session of the 13th National People`s Congress (NPC) for deliberations. The plan is aimed at improving the government`s structure, efficiency and service orientation.