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He Weiwen: How Trump’s Extreme Pressure on China is Backfiring
US President Donald Trump said recently on Twitter that Huawei could be part of a potential trade deal. In other words, America’s recent outright ban on Huawei was not truly done for national security reasons — there was no evidence supporting the allegations — but rather as a bargaining chip to help get “a great deal” with China. Immediately after announcing the US tariff hike on $200 billion of Chinese goods from 10% to 25% starting May 10, and the subsequent US Trade Representative’s release of the list of $ 325 billion of Chinese goods subject to 25% tariffs, US Treasury Secretary Steve Mnuchin expressed willingness to continue talks with China. All of the above leads people to think that this latest and much larger stick is also part of Trump’s “art of the deal” — extreme pressure to produce the best deal possible. It also provides an explanation for the recent abrupt suspension of China-US trade talks: the US government wants much more. It thus made the stick much bigger, then asked for talks while pressing for a decisive Chinese defeat, that ensures a comprehensive US-China trade deal would be in America’s favor.
May 31 , 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.
May 30 , 2019 -
Wang Huiyao: We should focus on real threats, not illusory ones
Stories shape our world. We should choose them based on facts, not fear. We understand the world through stories. Stories can help bridge cultural gaps and connect us with others. They can also mislead and divide.
May 30 , 2019 -
CCG Speech Series: Kevin Rudd shares view on Sino-U.S. relations
Kevin Rudd, former Australian Prime Minister and well-known China expert, delivered a keynote speech on the future of Sino-U.S. relations at Center for China and Globalization (CCG), May 17th, 2019. Kevin Rudd, current President of the Asia Society Policy Institute, was joined by a group of Chinese scholars and former officials engaged in the field of Sino-U.S. relations. In a private roundtable discussion following his keynote speech, Mr. Rudd and experts shared views and exchanged ideas on the future prospects of the world’s most significant bilateral relationship. In the shadow of escalating trade tensions between China and the U.S., the event aimed to cast light on the current impasse and work towards solutions for the most pressing bilateral dispute facing the world at present.
May 17 , 2019 -
Wang Huiyao: Are we ready for Globalization 4.0?
The annual meeting of the World Economic Forum (WEF) is taking place from January 22 to 25 in Davos, Switzerland. The theme this year is "Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution." But what exactly is Globalization 4.0? Have we already entered this new phase? What challenges are we facing in this new era? Wang Huiyao, founder and president of the Center for China and Globalization, shares his views with CGTN.
April 28 , 2019 -
He Weiwen: The “America First” Trade Policy is Hurting America
The “America First” trade policy has only resulted in two direct outcomes: increasing trade-related tensions between the US and its major trading partners, and threatening the global trading system. On February 27, 2018 the US Trade Representative published a report entitled “Putting America First: The President’s 2018 Trade Policy Agenda” (hereafter referred to as “The Agenda”), which begins with: “Ladies and Gentlemen, it’s time to declare our economic independence once again.”
February 18 , 2019 -
Laurence Brahm: Rational and healthy growth should be China’s new normal
China’s 2018 GDP growth rate came in at 6.6 percent. This is technically the lowest average growth rate reported by China for the past 28 years, making global capital markets worried where investment bank analysts are toiling with the question of whether China is headed toward a recession. If this were the case, it would be a signal of oncoming global recession.
February 13 , 2019
