Twenty Years on, WTO and China — a Winning Match
China continues to open up its economy for the greater good of the global economy while the WTO stands tall as a willing facilitator.
China continues to open up its economy for the greater good of the global economy while the WTO stands tall as a willing facilitator.
From the first day of being a WTO member, China has been devoting its all efforts to all WTO activities covering all the three major functions.
It is expected that the summit will polarize the world and new blocks will emerge. It is a bad sign, as the world direly needs cooperation and joint efforts to tackle the issues of pandemic, climate change, food insecurity, shortage of water, and energy.
Democracy is a means, not an end. It is a means to bring good life to all citizens. Democracy should not exist just in form and it has to be substantive.
Washington must drop the idea that US democracy summits and various ad hoc coalitions can replace the United Nations as the core institution of the present international system.
I can only say that China, for all its challenges and complexities, is also an extraordinary teacher. That is, of course, if one is willing to learn!
The fact that President Xi and President Biden were forced to discuss ways of avoiding conflict underscores the perilous state of China-US relations.
The dangers of miscalculation in this already tense region are multiplied when spy missions are apparently undertaken inside national territorial waters.
Climate change makes clear the interconnected nature of humanity and of life itself. It demonstrates the inconsequential nature of national borders and the irrelevance of different national political systems.
Despite many ups and downs since the early 1970s, the U.S. and China have benefited immensely from the political, economic and cultural interactions between the two nations.
Climate change is a class issue. The over-consumption of a wealthy minority is fueling the climate crisis but it is poor communities and young people who are paying the price.
Realistically, trust building will take a very long time and much concrete action given the present morass in relations. But it is wise and prudent to begin such a path and the Xi-Biden virtual summit can certainly be a starting point for renewed effort.