Newsletter By 2019-09-27
The Democratic Party’s announcement of the impeachment move against President Donald Trump is of great significance and may have far-reaching implications for the future of American politics and its foreign policy. Although at the current stage, the direction of the impeachment move’s influence cannot be determined, the Democratic Party’s decision will undoubtedly have a huge impact on the U.S. politics and foreign policy. Firstly, the agenda of U.S. politics will be rewritten to some extent. The issues over migrants, border wall and even future election will give way to the evolving impeachment investigation. Secondly, the Trump administration had to refocus its efforts on the domestic response to its political opponents.
>>RMB internationalization will be beneficial to the healthy development of China's economy and finance. Under the circumstances that the global economy is undergoing, which is profound changes taking place and the trend of anti-globalization constantly evolving. ANBOUND researchers believe the internationalization of RMB should consider the aspects of development and competition of both geo-economic and geo-currency. The developmental ideas and focus of RMB internationalization shall be re-examined. As the changes are occurring in the international environment, it is necessary for China to think from the perspective of the development of geo-capitalism and promote the RMB internationalization on the bases of the developmental law of geo-currency.
>>The reform and opening-up of China are a long-term process that have phased stages instead of an end. There are different reform and opening-up priorities at different stages. The first stage of China's reform and opening-up has enabled people to "get rich". In the second stage of development, wealth holders should be confident in placing and inheriting wealth in China. When wealth is gradually accumulated, what China needs to do in the second stage of reform and opening-up is improving the institutional protection of wealth in socialist China through the continuous efforts of the legal system, national policies, governance practices, social values, and public opinion guidance. This is done so that the wealth holders, regardless of the size, would feel safe in China, safely place and pass on their wealth. This is both the goal of China's reform and opening-up and the fundamental logic for its success.
>>To resolve the Diaoyu Island issues, a "supra-sovereignty" peaceful mechanism could be established by China and Japan. From the view of the geopolitical solutions, such “supra-sovereignty” agreement should mainly include the following three basic principles: Firstly, the territorial disputes of the Diaoyu Islands must be put on hold. China and Japan can establish a bilateral jurisdictional mechanism applicable to the Diaoyu Islands region through statutory agreements and treaties based on their respective territorial claims. Secondly, the "supra-sovereignty" agreement cannot be limited to the principled consensus between the heads of state. Thirdly, the “supra-sovereignty” mechanism requires a series of legal documents to endorse it. This “supra-sovereign” Diaoyu-Islands peace plan may fundamentally change the geopolitical pattern in Northeast Asia.
>>On 27 September, a white paper titled "China and the World in the New Era," to help the international community better understand China's development was issued by the State Council Information Office of China. The white paper said "China is the main stabilizing force and power source of the world economy". China's all-round opening up has created more opportunities for all countries to share the benefits of China's development, the country is providing more public goods to the international community as well as experience and reference for other developing countries, and China will never seek hegemony, it said.
>>