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Wang Huiyao: Hong Kong’s youth, talent & innovation across the Greater Bay Area
In seeking to understand and address Hong Kong’s turmoil, we should not overlook its economic roots. For some of the city’s young people, anxieties about house prices and social mobility, for example, have fed into a sense of uncertainty about the future. Thankfully, development of the Greater Bay Area offers great opportunities. Hong Kong has prospered as a gateway to China. However, it continues to rely on the same pillar sectors it has for decades. The bay area scheme offers a golden opportunity for Hong Kong to reposition itself and diversify, acting as a catalyst for innovation and entrepreneurship.
August 16 , 2019 -
Wang Huiyao: Smarten up to be world-beaters
Chinese multinational companies (CMNCs) have a significant presence on the world stage, some 129 of them making it to this year's Fortune Global 500 list of top companies, up from just three in the first Global 500 list published by the magazine in 1995.
August 15 , 2019 -
He Yafei: World Needs to Uphold and Rebuild Multilateralism
During a recent personal discussion about multilateralism and in response to witnessing the ongoing chaos worldwide, former Slovenian President Danilo Türk stated to me that the world today is going “from hopeful to possible success.” From our conversation, we both came to the conclusion that although multilateralism is under attack and the global governance regime is porous, international collaboration can still be reborn and can ultimately succeed with support from such emerging countries as China and others.
August 14 , 2019 -
Laurence Brahm: Does Washington fear yuan’s evolution?
By labeling China a "currency manipulator" following Washington's threat to impose 10 percent tariffs on another $300 billion of Chinese goods from Sept 1, the US Treasury Department has dealt another serious blow to bilateral ties. The United States has labeled China a "currency manipulator" even before. But in the current context, it reflects the US' intolerance of the existing world order, and international trade and economic rules which are different from its own.
August 13 , 2019 -
Simon Birmingham: Australia welcomes China’s economic growth
Simon Birmingham, Australian Minister for Trade, Tourism and Investment, delivers a speech at a roundtable discussion held in Beijing on Aug. 2. [Photo courtesy of CCG]
August 09 , 2019 -
Wang Huiyao: New green consensus can revive multilateral mindset
In recent years, images of trash-strewn seas and beaches have led to growing calls to tackle marine plastic waste. At the G20 Summit in June in Osaka, Japan, leaders moved to start addressing the issue with a major agreement to eliminate pollution by marine plastic litter by 2050.
August 07 , 2019 -
Wang Huiyao: Go from Asian civilization to Asian community
Recently, the Conference on Dialogue of Asian Civilizations was held in Beijing. In his opening remarks, President Xi Jinping said that interaction and mutual learning promote the development of civilizations; Asian people should reject self-exclusion, embrace integration, uphold openness to foster a community with a shared future for both Asians and all humanity.
August 06 , 2019