40 Years of China-U.S. Relations
History has also shown that the normalization of Sino-U.S. relations is good for both countries as well as the world.
History has also shown that the normalization of Sino-U.S. relations is good for both countries as well as the world.
The most obvious risks are serious cracks in the international trading and financial system. These fissures are already having negative impacts in virtually every country, leading to higher costs for consumers and producers..
What best symbolizes China’s re-emergence as a prosperous world power over the course of 40 years of reform and opening-up era?
The highlight will be the summit between Chinese President Xi Jinping and U.S. President Donald Trump, representing the world’s two largest economies.
President Xi takes a hands-on approach and attaches importance to overseeing the details of the Belt and Road Initiative.
Trump’s steps to quit multilateral international obligations, and initiate a trade war against several countries made it clear that to him, the Republican Party was doomed to lose control of the House.
The United States insisted on the pre-emptive clause during the negotiations with Canada after raising concerns that Prime Minister Justin Trudeau was exploring the possibility of a free trade deal with China.
China seeks further integration in the world economy with a push on global imports.
The upcoming CIIE is expected to draw more than 150,000 purchasers from home and abroad.
The China International Import Expo presents a golden opportunity to promote African exports.
Though a decade has passed since the 2008 global financial crisis, the world has not fully emerged from its shadow. Instead of aiding the weak economy to recover, the policies adopted by Western countries have created new hidden perils and sowed the seeds for another financial crisis. Worse still, the domino effect of the 2008 global crisis is still alive and is affecting emerging markets and developing economies, resulting in a protracted downturn in the world economy. The economy shortly rebounded in 2009, then entered a period of slow growth dubbed a “new mediocre” by International Monetary Fund (IMF) chief Christine Lagarde, with the growth rate stuck at 3.5 percent. Δ Demonstrators call for banking reform at a rally to mark the 10th anniversary of the 2008 financial crisis, outside the Royal Exchange building in London, Britain, on September 15 (VCG). In 2017, it rebounded from recession again, with an actual growth of 3.76 percent. The IMF expects global growth to tick up to 3.9 percent this year and next. But despite the upswing, the favorable conditions will not last for long, and the growth would inevitably bend toward a weaker longer-term level. In fact, the growth in recent years benefited mainly from stimulus policies; the cornerstone of economic endogenous growth is still fragile. Lurking threats The 2008 financial crisis […]
The massive surplus and inadequacy during the process of international capital and production capacity transfer led to both the Great Depression in the 1930s and the recent Great Recession.