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US is by far the largest unruly member, as two-thirds of all violations in the system are caused by the US. It is a typical action of pragmatism and strategic shortsightedness if one follows the rules when one can benefit from it but desert all rules when one cannot win from the system.
English News
The White House has impacted severely on the global industrial chain and value chain by a series of actions including suppressing normal technology spillovers and abusing the “long-arm jurisdiction”. The fight against American trade hegemony to advocate multilateral and free trade helps safeguard th
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Acting unilaterally and resorting to the dusty shelved "cold weapons". Enabling the Section 232 Investigation that had not been used for 16 years, the US last April launched investigations on steel and aluminum products, automobile and auto parts products, and imposed tariffs on nearly all other cou
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Hosting the CIIE is a major initiative for China to further open its market to the world. It will not only benefit China’s economic development, but bring more development opportunities to countries around the world. Exhibitors from all over the world will directly connect with Chinese consumers and
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The US ran a $466 billion current-account deficit in 2017, meaning the nation imported far more than it exported. The US has become an increasingly large driver of global deficits, accounting for 43% of all global deficits last year, up from 39% in 2016, according to the IMF’s annual assessment of t
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When the world needs to make a choice between cooperation and confrontation, opening-up and a close-door policy, and mutual benefit and a beggar-thy-neighbor approach, China stood out once again to advocate win-win cooperation and open development and resolutely reject unilateralism and protectionis
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IMF welcomed China’s strong commitment to free trade and multilateralism. They saw the recently announced package of opening-up policies as being in the right direction and urged the authorities to accelerate reforms in this area. They underscored that trade tensions should be resolved in ways that
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"This looks like a temporary move for Trump to shut down rising domestic criticism of his unilateral actions," Mei told the Global Times, pointing to a lack of details in key areas such as automobile tariffs.
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"The basic driving force for BRICS cooperation to flourish and shine forever comes from our common pursuit of greater development and improvement of people's well-being, and from our common aspiration to build an open, inclusive, clean and beautiful world that enjoys lasting peace, universal securit
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BRICS' five member states - Brazil, Russia, India, China and South Africa - share a firm determination to promote multilateralism, and the bloc's cooperation with the African countries is a strong counter to the trend toward unilateralism, she noted.
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As the influence of the BRICS bloc expands, other countries like Egypt will be motivated to advance cooperation with the BRICS members. The BRICS Plus model can create a mutually beneficial mechanism for all parties.
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The economic corridor will not be built in one day. China and Pakistan should ignore those comments and there is no need to get upset. We should continue carrying out our work, implement the plan in accordance with reality, make sure our work fits both countries' interest and plays a constructive ro