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 ...