Covid-19 deaths hit 100,000: a monstrous failure of the US system
The grim COVID-19 death toll in the US has now hit 100,000, and fatalities are very likely to climb higher, reaching 150,000 or even a staggering 200,000, if the current US government continues to overlook American lives and avoid its responsibility.
How do experts view financial conflict of top two economies?
Global investors are concerned that the US might start a "financial war" with China. In interviews with the Global Times, two Chinese economists noted that although a comprehensive financial war is not likely, conflicts is inevitable due to US politicians' political schemes, which will hurt China but will also damage US financial sectors.
Washington's attack on Huawei set to prolong US economic recession
As the clock ticks quickly toward November 3, the Trump administration, mired in the results of its messy response to COVID-19, is reigniting a tussle with China in a desperate attempt to deflect its dereliction of duty. It has now banned Huawei from purchasing semiconductor chips that are made using any US technology, such as technologies by TSMC and Samsung.
African 'debt issue' needs sound solution
The world economy is under great pressure from the deadly pandemic, with some relatively vulnerable economies in Africa facing the risk of losing the ability to pay their debts on time. As a debtors for African countries, China vows to actively promote the implementation of the debt service suspension initiative from G20 countries in a bid to relieve pressure on African countries.
Hopefully US 'political virus' won't infect India
India has reportedly drafted a bill that would enforce tighter scrutiny toward new foreign portfolio investors (FPIs) from China. If passed, it would be another discriminatory practice aimed at Chinese investments following the previous foreign direct investment (FDI) restrictions.
Impeding Chinese firms will hit US as global financial center
Some US politicians and media have raised their voices to undermine Chinese firms listing in American capital markets, aiming to promote "decoupling" of China-US financial sectors, but forcing Chinese firms out of the market will be a loss-loss move as it will hinder the US' role of being the global financial center.
Washington's attack on Huawei set to prolong US economic recession
As the clock ticks quickly toward November 3, the Trump administration, mired in the results of its messy response to COVID-19, is reigniting a tussle with China in a desperate attempt to deflect its dereliction of duty. It has now banned Huawei from purchasing semiconductor chips that are made using any US technology, such as technologies by TSMC and Samsung.
US cliques would create inner antagonistic atmosphere of its allies
The US has been wooing and pressing its foreign allies and other countries to avoid cooperating with China in areas such as 5G technology, Huawei, and even with pandemic prevention methods, which have ended poorly. However, this strategy would create an inner antagonistic atmosphere among its foreign allies and cause significant economic losses.
Protecting fishery resources in South China Sea is key
After China announced its annual fishing ban in the South China Sea on May 1, Vietnam told its fishermen that they could continue fishing in legal areas. In terms of both fishing area and ship number, Vietnam is currently the country with the most fishery activities in the South China Sea.
West Development Strategy can ensure economic security
As some countries have been banging the drum of anti-globalization amid the pandemic, certain politicians may take the opportunity to disrupt global industrial and supply chains. To beef up the development of its western regions under such circumstances, China could further expand its domestic market and ensure economic security through the internal restructuring of industrial chains.
India could suffer from speculative attitude amid China-US conflict
With COVID-19 still spreading around the world, certain groups of people in India, including its military, have seen a rising speculative attitude regarding conflict between China and the US, with a view to possible benefits from the situation. If this attitude extends to India's foreign policy, it will only damage the country's relations with China and hinder its focus on pandemic prevention, as well as the long-term economic recovery.
China-EU economic cooperation increasing amid COVID-19
China-EU collaboration both during and after the pandemic
India's support of COVID-19 review doesn't equal hostility toward China
The EU recently submitted a draft resolution on COVID-19 to this year's World Health Assembly (WHA) on which all parties, including China, have reached consensus. India's support of such efforts, which call to prevent discrimination, combat disinformation and strengthen cooperation in the fight against the global health crisis, does not mean India has abandoned its balanced position between China and the US and become hostile toward China.
Future remains rosy for foreign firms in China
Recently, some foreign firms in China have expressed concerns over development prospects due to previous disruptions in logistics and supply chains, a growing trend of anti-globalization, and Western politicians' calls for industrial chains to return home or relocate from China.
Countries could face US' 'semiconductor nationalism'
The US is re-constructing the industrial chain of global semiconductors in a bid to fully control it from design to assembly and testing, which has been dubbed as "semiconductor nationalism."
Proactive fiscal policies expected at two sessions: Chinese experts
Proactive fiscal policies are expected at the upcoming two sessions, a major event in China's political calendar, and are needed to promote the recovery of the real economy from the fallout of the deadly coronavirus pandemic.
Firms should shore up competitiveness amid poisonous environment created by Aussie politicians
With some Australian media and politicians stirring up a hostile atmosphere, the nation's relationship with China has recently slid to a near freezing point. It is ironic that Australia values the Chinese market, but consistently opts to sabotage bilateral relations. Shoring up their competitiveness and irreplaceability is now critical for Australian firms in the Chinese market if they are to survive the poisonous environment created by their own politicians.
Huawei's global growth to help Chinese firms expand abroad
The US Commerce Department on May 15, 2019 announced restrictions on Huawei's access to American technology.