The signing of the Regional Comprehensive Economic Partnership (RCEP) agreement, one of the world's largest regional free trade pacts, on Sunday has drawn great attention of US media. Mainstream American outlets such as the New York Times (NYT) and the Wall Street Journal quickly covered the news, describing the agreement as a “challenge” to the US.
The upcoming economic dialogue shows a step-up for the interactions between the US and the island. This trend continues to embolden the island of Taiwan given the high frequency of their recent high-level official exchanges.
US Secretary of State Mike Pompeo seems to love attention as much as his boss, President Donald Trump. Pompeo is often seen making gaffes about different issues, but people laugh them off most of the time.
Global governance has reached a critical juncture where everyone has to contribute to and work toward an identical goal.
Yet despite the combined crises, the BRICS mechanism is functioning relatively well for creating meaningful dialogues. Whether or not BRICS countries can withstand new crisis, overcome fresh challenges and create new opportunities, will be the question that leaders of the five countries have to answer solemnly in the summit.
US-EU relations will be boosted, but it does not mean that the transatlantic ties will return to the good old days.
The completion of the RCEP agreement has made many Americans and Europeans nervous.
Let's face it – no US-China-Russia triangle exists now.
If the US returns to CPTPP, Washington will try to turn it into a platform against RCEP. In a new era of globalization with win-win cooperation strategies, one must ask, will they abandon multilateralism and turn to unilateralism?
China and 14 other Asia-Pacific nations, including 10 ASEAN member countries and Japan, South Korea, Australia and New Zealand, are set to sign the Regional Comprehensive Economic Partnership (RCEP) agreement on Sunday. The signatories of the pact, however, do not include the US which has been traditionally regarded as a dominate player in the Asia-Pacific region.
China-US relations have faced unprecedented challenges now. The direction of the bilateral relationship has not only affected the development of the two countries, but also the future of the world. Where will China-US relations head after the new US administration takes office? How will Biden's China policies differ from Trump's? The Global Times collected opinions from several speakers at China Development Forum on Friday.
For other RCEP members, India's opt-out might be a good thing. The Indian market looks vast, but it's quite closed and conservative with a low actual consumption level. Besides, organizations in which India participates and has a big say often have low efficiency and don't function well. It's fair to say India is unable to help achieve anything but is good at spoiling things. Opting out of the RCEP means India will be isolated in the next round of globalization and regional economic integration, but for other RCEP members, it means they will meet fewer obstacles in promoting regional economic integration.
China wants to see a prosperous Africa. Africa can focus more on learning lessons from the ways in which China has achieved its steady trajectory of growth, especially given the new context of post COVID-19.
Chinese people's living situation justifies the CPC's leadership, and Pompeo's malicious rhetoric fools no one. Haunted by the “Marxist-Leninismonster” in his brain, Pompeo and his like are dragging the American people into a capitalist black hole. It's very likely that Pompeo will eventually retreat from his position in months. By then, Pompeo's claims against China will sound like his political will. Yet China's booming development will attest that Pompeo is the “worst Secretary of State in history.”
As a rising power, India should think about its role and the long-term development in Asia and beyond. This should be the attitude for India to develop its economy and diplomacy in a steadfast manner.
The improvement in China-Japan ties does not come easily, and needs to be cherished more. It is hoped that the two countries can meet each other halfway and properly handle their divergences so as to open up new vistas of their bilateral relationship.
If we had a more balanced public discussion in Australia, most people would be quite pragmatic, recognizing the legitimacy of China's rise and the benefits for Australia.
Many Myanmar people's favorable impression toward the West began to decline.