The numerous mechanisms created by the U.S. are being used to isolate and exclude others. This demonstrates how much debt crises are a product of a world increasingly divided and at odds with itself, threatening the foundations of globalization and post-cold-war prosperity.
The real purpose of this series of congressional hearings led by the Democratic Party is not to correct the systemic problems in the American democratic system. The hearings only seem to further intensify the partisan divide.
A stable EUR and a prosperous Eurozone are in line with the Chinese economic development. China’s policy during the Eurozone debt crisis is edifying, and its principles remain the same.
The G20 today shoulders important responsibilities in leading global anti-pandemic efforts, improving global economic governance and promoting the steady recovery of the world economy.
The reality is these visits antagonize U.S.-China relations and cross-Strait relations.
Without substantial investments, any frameworks and mechanisms will likely turn into skeletons without muscles.
Thanks to CBEC, small and micro companies that previously found themselves marginalized in international trade can now participate directly in global product and supply chains.
Abe’s pursuit of amending the constitution to strengthen the military, and his efforts over the years to strengthen Japan’s global alliance to contain China, seem to have led Japan into a dead end. Perhaps, now is a chance for Kishida to turn a corner.
A teetering economy could go either way, but the worst scenario would be a recession.
The only rational policy is for Washington to stop its destabilizing and counterproductive policy of confrontation and to start a constructive policy of reengagement and cooperation with Beijing.
Seizing the opportunities that the SCO forum and related incubator programs have provided, the young generation that represents the future of a country and the world as a whole will be able to master more skills and raise their capacity for pursuing innovation.
He leaves amidst an economy that is in a state of contraction, faces skyrocketing inflation, shrinking living standards, growing industrial unrest, pushes for separatism in Scotland, and a pandemic that has left over 181,000 people dead.
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