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Zhao Minghao: The US needs to reciprocate China’s goodwill
Chinese President Xi Jinping`s first state visit to the US sent two impressive messages. First, he reiterated both in Seattle and Washington that China will never stop reforms or close its doors to the outside world, and China made a strategic decision to firmly adhere to the path of peaceful development. Second, China will prioritize a new type of major power relationship with the US despite the ups and downs.
2015-09-27 -
He Weiwen: No Hard Landing in Chinese Economy
Since the start of August, the stock-market plunge, RMB moderate devaluation to the dollar and the recent weak economic data have led to mounting pessimism about the Chinese economy in the world. Some experts and media ascribed the global market’s panic selling to the Chinese stock-market plunge, and the continuous deprecation in many emerging-market currencies to RMB devaluation. A prevailing saying goes that “When China sneezes, the world catches cold”. An article in the Financial Times in lat
2015-09-25 -
US needs a BIT with China to safeguard its overseas investments
As Chinese President Xi Jinping begins his first State visit to the US on Tuesday, hopes are high for another breakthrough in the bilateral investment treaty (BIT) negotiation, which analysts say will help both countries safeguard their overseas investments and boost the US manufacturing industry.
2015-09-23 -
Climate change high on agenda of Chinese President Xi`s visit to US
Mr Xi’s visit comes almost two years after he became the president, at a time when Chinese investments in the US remain at an all-time high. Analysts say the visit will strengthen ties between the two sides.
2015-09-23 -
China, US should not risk alienating each other
During Chinese President Xi Jinping`s State visit to the US, economic issues will no doubt be high on the agenda of his meetings with US President Barack Obama. Economic exchanges have been an anchor for China-US relations during the past three decades. But many observers are now concerned that China and the US are alienating one another over economic issues, even though bilateral trade exceeded $550 billion in 2014.
2015-09-23 -
Business elite will lead Washington onto right path with Beijing
Prior to Chinese President Xi Jinping`s US tour, I visited over 10 US think tanks. They, enveloped by the influence of interest groups, were talking of trivial matters - for instance, China`s cyber theft, the South China Sea issue and the deteriorating Chinese business environment. They argued that those concrete problems should be put on the agenda of Xi`s trip.
2015-09-23 -
Beijing and Washington need to be common defenders of global stability
Prior to Chinese President Xi Jinping`s US visit, China and the US reached an important consensus on the cyber security issue during a visit by Xi`s special envoy Meng Jianzhu, a member of the Political Bureau of the Central Committee of the Communist Party of China. This sends a positive signal that the two countries have confidence in dealing with new challenges in the 21st century such as cyber security with cooperative approach and that more such deliverables will enrich the new type of majo
2015-09-22 -
China seeks partnerships with world
"Do you still uphold the idea of `G2?`"I asked Fred Bergsten, director of the Peterson Institute for International Economics, in Washington recently. Bergsten raised the idea of China and the US developing a "G2" partnership in 2008. He talked a lot to me, with the clear message that he still believes in the idea now.
2015-09-22 -
India’s UNSC alliance with Japan a mistake
This year marks the 70th anniversary of the UN, and appeals for UN Security Council (UNSC) reform are becoming increasingly louder. The G4 nations, namely Brazil, India, Germany and Japan, are the most active in calling for a change. The UN General Assembly on September 14 adopted a negotiating text, setting the stage for talks on the reform.
2015-09-21 -
Xi Jinping`s US visit will highlight China-US economic ties
Chinese President Xi Jinping`s forthcoming state visit to the U.S. offers an opportunity to understand the great potential for mutually beneficial economic relations between the two countries. This goes well beyond them being the world`s two largest economies to revealing their fundamentally complementary economic character.
2015-09-18 -
Shifting from China to India may be problematic
The second-largest economy in the world is slowing and people across the world are feeling the effect of the deceleration in China`s growth rate. There are two inter-related aspects of this slowdown. China`s economy has grown at a rate of 7 percent to 14 percent in recent decades, which has allowed developed countries to rely on China`s growth for consumption of resources and exports of finished goods. And China has been a favoured destination for consumption of high value electronic products su
2015-09-17 -
China seeks synergies in investment in Russia
the first East Economic Forum kicked off in Russia`s Far East hub of Vladivostok, showing that Russia is striving to inject fresh momentum into its economic development, against the background of Western sanctions.
2015-09-15 -
Relations with Washington have moved beyond Cold War shadow
Right before Chinese President Xi Jinping`s upcoming state visit to the US, some negative voices have emerged in the US public opinion, including complaint against the business environment in China, criticism over the draft of China`s new NGO legislation, anxiety toward China`s economic slowdown, and the hype over the situation of the South China Sea. Some are worried about the future of the Sino-US relationship. But in my mind, these are precisely signs that reflect the stability and progress i
2015-09-15 -
China’s Belt and Road Initiative and Afghanistan
Instead of military existence, the rising China has launched “Belt and Road Initiative” aiming at economic development rather than territorial intentions. I would expect this initiative will exert Afghanistan’s geographically advantage in a positive way. That also explains why it has been warmly welcomed by Afghanistan among over 60 nations along even beyond the region since it was proposed. I would also suggest that under this initiative Afghanistan is able to make full use of its geographical
2015-09-14 -
South Korea’s Middle-Power Diplomacy
South Korean President Park Geun-hye, despite the opposition of her country’s closest ally, the United States, stood together with Chinese President Xi Jinping in Tiananmen Square to watch the military parade commemorating the 70th anniversary of World War II’s end in Asia. The decision provided the most visible image yet of an emerging China-South Korea concert, one that China believes may prevent the region from sliding into cold war.
2015-09-10 -
No China’s Economy is not Going to Crash
A great deal of highly inaccurate material is currently appearing in the Western media about the `crisis` of China`s economy – an economy growing three times as fast as the US or Europe. This follows a long tradition of similarly inaccurate `crash` material on China symbolised by Gordon Chang`s 2002 book `The Coming Collapse of China`.
2015-09-10 -
EU needs judgment independent from US
The worsening refugee crisis indicates that chaos in the EU`s neighborhood is jeopardizing the long-term interests of the EU, and the situation is very likely to grow worse.
2015-09-09 -
Youth Innovation to promote world progress
"Thriving youths lead to a thriving nation; Strong youths lead to a strong country." In the great age of innovation, youths with the most creative mind and vitality will become the new engine of economic and social development in the future. Whether in China or Austria, or other countries, we should provide good conditions, support and blessing for innovative youths.
2015-08-31 -
Temasek model doesn’t offer necessary foundations for SOE reform in China
Moving from a centrally planned economy to a market-based economy has not been an easy journey for China. In an economy where everything was owned by the State and allocation of resources was based on the needs of society and not risk-adjusted returns, this move toward a market model in which reallocation of resources is based on best use has not been easy. Policymakers are trying to balance between the twin objectives of return from resources and control of resources and at times these two seem
2015-08-28 -
IMF bureaucracy and US ambiguity key factors delaying yuan’s SDR inclusion
After the domestic stock market slump in July, the Chinese government took some unconventional measures to stabilize the market, but some IMF officials believed China`s move interfered with the market`s self-correcting mechanisms, affecting the marketization process.
2015-08-27
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