Under pressure from its Brexit countdown and poorly handling of COVID-19 outbreak, the UK has become more aggressive in its foreign policy, seemingly betting high on the US while risking an end to its "Golden Era" relations with China. Under the deteriorative circumstances, it is inevitable that Chinese enterprises will more cautiously weigh their investment options in the UK, at least in the short term.
The British government's latest move to strip Huawei Technologies from the country's 5G networks by 2027 is a very bad decision that shows London is kowtowing to coercion from the Trump administration, and brazenly discriminating against a Chinese private high-tech company.
When the UK made the unwise decision to join the US' politically driven crackdown on Chinese telecom giant Huawei based on fabricated "national security risks," it seemed to be ready to take the countermeasures from China even at the cost of the interests of the UK's businesses.
China's GDP grew 3.2 percent year-on-year in the second quarter, reversing from a 6.8-percent contraction in the first quarter. As the first major economy to show a recovery from coronavirus damage, will China become the world's "engine of economic growth" in post COVID-19 pandemic recovery, as it did in the 2008 financial crisis.
With the novel coronavirus pandemic wrecking the global economy, economic ties between China and the Association of Southeast Asian Nations (ASEAN), as well as regional economic integration in Asia, will be enhanced despite the US' interruptions in the South China Sea amid its intensifying presidential election season.
Echoing the US' attempt to decouple from China, India has recently sought confrontation with China in economic fields. Luring industrial relocations from China is one of its major purposes. But India will be unable to fulfill "the lofty goal" for at least five to 10 years due to its insufficient capabilities.
London's decision to ban Chinese technology giant Huawei Technologies Co from its 5G networks violates free-market principles. Although the UK can find other excuses for the move, it's easy to see the decision came under pressure from the US.
With continuously prudent efforts to contain the novel coronavirus and reboot the world's second-largest economy, China's economic growth in the second quarter, to be announced this week, has seen increasingly favorable signs, and is expected to be a highlight in the world amid the pandemic.
China's economic engine is now completely rebooted and the government's earnest efforts to contain the novel coronavirus outbreak have paid off. Chinese economists are mostly optimistic, predicting that annual economic growth will reach 3 percent - a feat likely to be envied by the world's other major economies.
New Delhi reportedly "won't review" its decision not to join the Regional Comprehensive Economic Partnership (RCEP). Top official sources were quoted as saying New Delhi won't join any trade agreement where China is a member, especially after the COVID-19 pandemic and the border stand-off with China.
China recently started a three-month fishing moratorium on parts of the high seas in the southwest Atlantic and east Pacific. For fishery activities on the high seas without governance of international organizations, it was an innovative measure and the first state action to implement a fishing moratorium and promote protection of fish stocks.
The news that German telecoms carrier Deutsche Telekom's ties with Huawei have seen an attitude reversal reveals the Chinese 5G frontrunner remains in troubled water in Europe despite its technological and product advancements.
Having originally said it would give Huawei a "limited role" in the construction of its 5G network, the UK is now looking to phase the Chinese telecoms giant out of its plans entirely, giving rise to concerns that will it choose to turn against more Chinese companies for unknown political reasons.
India has seen a drastic slump in trade with the US after months of lockdown due to the COVID-19 pandemic. With both countries speeding along the path to higher numbers of infections, bilateral trade - as well as India's fragile economy - may continue to endure grim prospects.
For commercial institutions, the initial determiner of an investment plan is the growth potential and development prospect of a market or industry which could maximize profits in the future.
As an emerging country in South Asia, India relies on geopolitical peace, as well as investments and know-how from its giant northern neighbor China, to grow its still backward economy. But apparently there are not many visionary strategists in that country.
Certain European politicians and scholars have been repeatedly using the word “naive” to describe Europe's foreign policies toward China, defining China as a “systemic rival” and claiming that the EU's naive era is over. Such a notion also reveals a trace of helplessness, self-pity and even frustration over its ignorance, with the words between the lines reading Europe's judgment on China has been wrong.
Vietnam's National Assembly recently ratified the European Union Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). What substantive changes will these two agreements have on both sides? Will some Vietnamese people' plan to get rid of Vietnam's economic dependence on China become a reality?