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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: 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 -
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: What is the solution to globalization imbalance？
Wang Qishan, Vice President of China, delivered a speech at the annual meeting of World Economic Forum (WEF) in Davos, Switzerland on January 23. His speech responded explicitly to the world’s concerns on China’s economic slowdown, the on-going China-U.S. trade tensions, the rampant populist trend against globalization and the prospects of Fourth Industrial Revolution.
January 29 , 2019 -
He Weiwen: China is fine, Trump should focus on America
U.S. President Donald Trump tweeted immediately after China’s official GDP data was released by saying: "China posts slowest economic numbers since 1990 due to trade tensions and new policies. Makes so much sense for China to finally do a Real Deal, and stop playing around!"
January 23 , 2019
