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On the other hand, Trump believes that the future security and prosperity of the US should not be restricted by international systems, which subverts the Wilsonian Diplomacy that has taken dominance since the World War II. Holding that global affairs are a competitive game, Washington put less energ
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China will deepen legal cooperation with countries and regions along the Belt and Road. Rules and the rule of law provide the green light for the Belt and Road to go global, as well as the safety valve to cope with risks and challenges. We need to promote infrastructure connectivity and step up syne
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A more fair, transparent, and convenient market environment has enhanced the willingness and confidence of foreign companies to expand in China. Nearly 60% of the companies surveyed listed China as one of their three major investment destinations, and a third of them plan to increase investment by m
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The US administration rolls out follow-up measures to repair its negligence only to prove that its defective trade protectionism policies go against the will of the public. China, given such background, should persist in its way to open up market and continue its role as advocator of free trade and
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There is no winner in a trade war, as unilateral action to impose tariffs has never been successful strategy. In 2002, the US government imposed tariffs on imported steel products, resulting in a net loss of about 200,000 American jobs. In 2009, the US government placed tariffs on imported tires fro
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The inefficient and short-sighted trade and economic policies and conducts of the US have aroused high alert of the world. What the US should do now as a major country is to go back to multilateralism, support free trading system, and safeguard international rules, since that is the trend of the wor
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China’s promotion of reform and opening-up is based on its own development interests, and will not be subject to the will of others. No matter how the external environment changes, China will follow its people-centered development philosophy to deepen reform and openness, and work with other countri
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The main reason may be that imperialism is deeply rooted in Western countries' political thinking and they understand the era differently from emerging countries. The West is still dominated by the US politically and militarily, and such a model has influenced Western countries' perception of non-We
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The EU and Japan recently announced the establishment an open trade zone and that Brussels will abolish tariffs on 99 percent of imports from Japan. If the US and the EU can go toward the same direction, a zero-tariff trade zone will be gradually formed among developed economies. In that case, China
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Companies from over 130 countries and regions from five continents have confirmed participation in the upcoming CIIE, Vice Minister of Commerce Wang Bingnan told the press conference. Participants include businesses from developing, developed and least-developed countries, he said.
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By Gao Haihong Global debt ended the first quarter at a record $247.2 trillion, up 11.1 percent from the same period last year, where non-financial corporate debt ($74 trillion) held the largest amount, according to latest data released by the Institute of International Finance (IIF). The heavy
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Throughout the process, China has been sincerely seeking a path to solve the problem, while the US failed to keep faith and became insatiable. As a result, there’s no necessity to continue trade negotiations as the US side had destroyed its credibility in the Chinese society.