Newsletter By 2019-08-10
The U.S.-China trade war is a trinity game of "tariff, enterprise, and finance". No matter it calls trade war, business war or financial war, the game comes around a target to deal with the rise of China. ANBOUND researchers explain that the “war” between the United States and China will not merely be waged in the currencies or financial sectors. The U.S.-China trade disputes are the complex competitions between two major powers. Particularly the originator that makes the conflict, the United States has taken three steps with "tariff-enterprise-finance" to “assault” against China, corresponding to different competitive modes covering tariff war, scientific & technological war as well as financial war. In essence. It is a backlash against the rise of China by the United States and other western countries, and a response to China's geographical expansion represented by "Belt and Road Initiative".
>>Central banks around the world have commenced with a new cycle of easing policies. Unlike in 2008, the current measures are preventive operations, which carries a competitive feature between the countries and shapes a new “normal”. Although the easing policy could stimulate economic growth in a short term, it would accumulate more risks in the long run. ANBOUND's Chief Researcher Chen Gong illustrated in his book Crisis Triangle, that is the triad of "urbanization - capital surplus - economic and financial crisis". The current "central banks' easing policies – capital surplus - economic and financial crisis" also constitute a type of "crisis triangle". Specifically, what the central banks around the world have done just temporarily mask economic risks. When the risks pile up too huge, the easing policies would prove ineffective, and then the world would usher in real crisis as a result.
>>The Refugee issue has become an increasing challenge to stir the global politics. There is no easy solution from the historical and reality point of view. Refugees are undoubtedly a crisis for those countries with the stable society. The integration that the refugees come to new communities requires huge social costs, and brings unstable factors to the society's structure. Nevertheless, refugees may not always be a crisis. World history is created by refugees. America is the most typical refugee country. Therefore, the refugee crisis can be a trouble or an opportunity to others. Based the development conditions, we will continue to see refugees. This is an endless problem for all of us, and no one can stay out of it.
>>When the society of China moves from a purely production-oriented mode to one with balanced production and consumption, urban economy will rely more on consumption and service sectors, important driving forces. In the future, urban development shall put people first, pay attention to the rights of pedestrians, and take a "consumption center" as the goal to build and transform urban space, can the sustained prosperity and the proper balance of the urban economy be truly brought to life. ANBOUND persists POD (pedestrian-oriented development) principles better to promote the cities’ sustainable prosperity.
>>China and Japan will hold a new round of strategic dialogue on August 10 after seven years, spokesperson for China's Ministry of Foreign Affairs announced. Chinese Vice Foreign Minister Le Yucheng and his Japanese counterpart Takeo Akiba are expected to exchange in-depth views on bilateral ties, as well as international and regional issues of concern to both sides.
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