On September 27, 2019, CNBC quoted sources saying that the White House is considering certain constrictions on U.S. investment in China, which includes blocking U.S. financial investments in Chinese companies. This was alleged to protect US investors from excessive risks arising from a lack of regulatory oversight in the Chinese markets. According to these s ...
reform and opening-up of China are a long-term process that has phased stages
instead of an end. There are different reform and opening-up priorities at
different stages. In the early stage of reform and opening-up, the focus was on
rural reform with emphasis on the people's livelihood. Later, the focus of
reform was shifted to cities, with one ...
On September 25, the Senate Committee on Foreign Relations and the Committee on Foreign Affairs of the House of Representatives in the U.S. voted to pass the Hong Kong Human Rights and Democracy Act, which has prompted the Chinese foreign affairs department to express its anger and opposition. Whether or not this bill is eventually passed, it shows that the ...
As structural contradictions between China and the United States
become more apparent, China continues to feel the international pressures from
the United States and its allies. Under such context, China urgently needs to
improve its relations with other major powers to ease its international
pressure. Among them, its relations with Japan and Germany are ...
On September 24, the U.S. capital market showed a correction. The three major U.S. stock indices fell across the board. The Dow Jones Industrial Average closed down 142.22 points, representing a 0.53% loss. The Nasdaq Composite Index also fell 1.46% and the S&P 500 index fell 0.84%. In the commodity market, the price of light crude oil for November deliv ...
On September 25, 2019, the U.S. House
Speaker Nancy Pelosi announced officially on the commencement of impeachment
procedures for President Donald Trump. Undoubtedly, this will fundamentally
change the agenda of American politics and diplomatic issues that may affect
the U.S.-North Korea and the U.S.-Iran negotiations, and it might even affect
the futur ...
the perspective of the history of currency and global economic development, the
ideas and suggestions for promoting the Chinese economic development through
the internationalization of the Chinese yuan, or renminbi (RMB) are not
unusual. The entry of international capital and the expansion of international
trade will promote the RMB globally from t ...
The economic data published by China's
National Bureau is an indication of the health of the country's economy.
Although the official data may not fully reflect the overall picture of China's
economy, and acknowledging the fact that the slowing down of the Chinese
economy is no news, the latest data in August shows that the downward pressure
After the Federal
Reserve cut the interest rates in July, as expected the European Central Bank
recently launched a monetary easing policy and lowered the deposit interest
rate by 10 basis points to -0.5%. The financing rate and loan interest rate
remained unchanged at current levels. At the same time as the interest rate
cut, the European Central Bank ...
Defense budgets or military expenses are normal defense need for a country. To measure whether the defense budget matches up against the national defense's strength, a crucial indicator is to look at the proportion of military spending in the national economy. During peacetime, the defense budget will grow in tandem with the nation's economy. Under n ...