Under the wave of anti-globalization, multilateralism as an important achievement of globalization has felt the impact. The WTO has lost its power, the global climate cooperation agreement has failed, and the multilateral free trade agreements were either being canceled or forced to re-negotiate. With the strong impacts of the Trump administration, the w ...

Since 2018, the "America First" isolationist policy of the Trump administration of the United States has continuously created troubles for China and the EU in terms of trade and even national sovereignty. This clearly reveals the nature of Trump as a businessman; Trump tried to use the U.S. military and financial advantages, continually squeezing the int ...

With the escalation and continuation of U.S.-China economic and trade frictions, the impact of trade friction is also gradually affecting the Chinese economy. In the market, many "bad things" are happening, for instance, the tariff barriers have disrupted some of China's foreign trade system. China's stock market has continued to fall, and the re ...

On September 24, the Chinese State Council Information Office published a white paper on U.S.-China trade frictions and China's position. On the one hand, it shows the reality U.S.-China trade and economics, on the other hand, it systematically shows China's position and attitude; perhaps some of the Chinese government's policy information is ...

The U.S.-China trade frictions have escalated again. U.S. President Donald Trump announced a 10% tariff on Chinese goods worth US$200 billion, and China has since announced a counterattack with a US$60 billion tariff on U.S. imports. If the two sides still do not make concessions in the future, trade frictions would continue to deteriorate. A day after ...

Industrial policy is a common feature of semi-developed countries. Developed countries and complete market economies usually do not need to rely on industrial policies, and even when they do have industrial policies, those policies differ from those of semi-developed countries as the former focus on the construction of market systems rather than on concrete ...

Chen Gong, chief researcher at leading Chinese private think tank Anbound, tells GlobalRMB that the excessive caution of onshore authorities has made the pace of RMB internationalization far from ideal. By Paolo Danese How do you assess the progress of the RMB internationalization agenda? The internationalization of the renminbi was suggested by Anbound, ...

Level-playing ground the rule for firms of all kinds, regulator says China will maintain its neutral stance for market competition and offer companies of all categories of ownership a level playing ground, the regulator of China's State-owned assets and enterprises said on Monday. Peng Huagang, spokesman for the State-owned Assets Supervision and Admin ...