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Cheng Shuaihua: 3 things the G20 can do to save the WTO
This week, trade and investment ministers from the G20 will gather at Mar del Plata in Argentina for the first time since the tariff dispute started in the spring of 2018.
September 14 , 2018 -
【Bloomberg】How Jack Ma became the role model for China’s startup generation
Long before he became China’s most globally prominent business figure, Jack Ma was just an English teacher trying to persuade his friends that they would one day buy things over the internet.
September 14 , 2018 -
Zamir Ahmed Awan: Taking stock of power projects under CPEC
China-Pakistan Economic Corridor was signed in 2013, but actual work started after the visit of President Xi Jinping in April 2015. Pakistan was facing severe shortage of electricity, and that resulted in several hours of power cuts on daily basis. The shortage hit the industrial sector hardest and affected industrial productivity. It resulted in reduction of export and earning of foreign exchange. One of the major reasons for poor economy of Pakistan was the shortage of electricity. Due to this, CPEC focused on power sector and most of projects initiated were in power generation and transmission. Here’s a brief look at power projects under CPEC
September 11 , 2018 -
CCG Report | Understanding the US-China Trade War: Analyses and CCG Recommendations
PDF Download
July 25 , 2018 -
10 suggestions to ease tensions and sustain a stable Sino-US trade relationship
Abstract:US President inked a memorandum on March 23 to impose punitive tariffs on imports from China. The Chinese Ministry of Commerce reacted with retaliatory measures against US products. The tensions between the world’s two largest economies immediately rippled through markets and countries across the globe.Having concentrated on US-China economic relations for a decade, the Center for China and Globalization(CCG) suggests the following measures aimed at fostering stable bilateral trade ties:Promoting the concept of global value chain as the basis to analyze the current trade deficits between China and US; lifting the limits on the US exports to China; reducing tariffs on American products such as automobiles and mobile phones; reexamining the Chinese regime of IP protection; moderately increasing imports from the US, particularly oil, gas and agricultural products; participating in the CPTPP negotiations and other regional trading systems to promote free trade norms and enhancing China’s role in multilateral rule-making; taking US cases of trade rule violations to the WTO system.Summary:CCG recommends that the Chinese Government moderate its response to US actions and continue to adhere to the goal of long term stable economic and trade relations between the two nations via the following 10 suggestions:1. Campaign for a new mode of analyzing trade effects that would more accurately reflect how much US companies gain from the bilateral trade deficit, given the forces of the global value chains; and insist on including trade in services which China runs a large deficit with the US, such as tourism, education spending, immigration-oriented investments in the trade deficit analysis.
July 19 , 2018