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Wang Huiyao: China Should Join Trade Deal the U.S. Abandoned
The Covid-19 pandemic is intensifying the most destructive trends in global trade. Support for free trade has given way to talk of decoupling and de-globalization. Tensions between the U.S. and China are rising, as are calls for protectionism and re-shoring of far-flung supply chains. It is no longer seen as desirable, or even possible, to integrate countries that possess different economic systems or ideologies.
June 26 , 2020 -
Wang Huiyao: The world should not be divided into “us” & “them”
On May 21, Center for China and Globalization (CCG) President Wang Huiyao was interviewed by British media outlet ITV. He shared ideas regarding signals the Two Sessions sent to the world, the impact of the pandemic on China and the world, how China reacts to the challenges of the coronavirus, the international image of China during the pandemic, and the different development models of the West and China. The following article is based on Wang’s answers given in the interview, edited for length and clarity.
June 23 , 2020 -
Wang Huiyao: How China can help reinvigorate globalization during COVID-19
Globalization has come under pressure in the wake of the COVID-19 pandemic. Although containment measures are now gradually being loosened in many countries, cross-border flows of people, goods and capital will be diminished for some time to come.
June 23 , 2020 -
Harvey Dzodin: Aunt Jemima, George Floyd and American bigotry
White Minneapolis police officer Derek Chauvin murdered George Floyd for the entire world to witness in eight minutes and 46 seconds on May 25, but it now turns out that the disgraced officer may be responsible for the demise of others better known in America and elsewhere than the late Mr. Floyd. Among them are Aunt Jemima, Uncle Ben and Mrs. Butterworth.
June 21 , 2020 -
Wang Huiyao: Hainan port plan will take opening-up to higher level
The Central Committee of the Communist Party of China and the State Council, China's Cabinet, recently released a master plan for the Hainan Free Trade Port. Eleven key industrial parks were unveiled on June 3, marking the start of construction of the port.
June 15 , 2020 -
Wang Huiyao: How COVID-19 Will Reinforce Trends Shaping the International Order
In just a few months, COVID-19 has turned our world upside down. The pandemic has claimed over 100,000 lives and untold economic damage. It is also affecting relations between states, in many cases, for the worse. These momentous events have led many to wonder what the pandemic means for the future of the international order. The short answer is, it is too early to tell. So much about the pandemic remains unknown, from the timeline to an effective vaccine to economic fallout and the possibility of second and third waves of contagion. With those caveats in mind, based on what we see so far, it seems likely that the pandemic will accelerate key trends shaping geopolitics and the world economy, rather than radically alter or reverse them. In particular, our post-pandemic world is likely to be even more multipolar as divergent paths of recovery reinforce long-term shifts in the global economy. Secondly, different aspects of globalization - such as economic or ecological, physical or digital – will follow different trajectories, with varied consequences for different countries and sectors. Thirdly, COVID-19 has exposed the need for stronger global governance to address the rising transnational threats we face. This working paper examines these trends and what they mean for the future of the international order, in particular, China's global role as one of three key pillars of the multilateral order along with America and the EU. Finally, it outlines ways that China and the EU can work together to build a post-pandemic world that is more inclusive, sustainable, and resilient.
June 09 , 2020 -
Laurence Brahm: America’s unrest has been coming for a long time
Massive protests against racial injustice on a scale larger than even the anti-war movement of the late 1960s and early 1970s have spread across the United States. The agonizing death of George Floyd while in the custody of Minneapolis police has revealed to the world a long litany of police brutality exposing not only the deep-seated racism that proliferates across America, but the caste system maintained by it.
June 09 , 2020