All countries, including China, should remain highly vigilant to the potential impacts on their exports due to U.S. economic recession and possible capital outflows as the Fed has reaffirmed plans for an aggressive interest rate policy.
Given China’s market scale, economic resilience and pivotal position in global supply chains, decoupling from China means decoupling from opportunity.
The wages of ordinary college graduates have not increased significantly compared with 20 years ago, and the accrued interest on student loans has made it very difficult for many to pay off their debts.
As COVID-19 recedes and the numbers of monkeypox cases potentially rise, the sense of déjà vu will become ever more pronounced. Without action now, the gap between people who have access to vaccines, and those who do not, will widen once more.
The U.S. is suffering a long-term human rights crisis rooted in its plutocratic nature.
The Kabul moment put on full display the U.S. hypocrisy regarding democracy and human rights and its true colors of relying on power politics.
The U.S. intervenes, frequently and unilaterally, in the name of improvement but in reality, leaves things worse.
The BRI offers a model of international cooperation for all the participants and provides new opportunities for regional connectivity and economic integration.
The U.S. has attempted to further decouple from China and the global chip industry by enacting the CHIPS Act. Its semiconductor industry and the American economy, as a result, will decline in the same way as Biden’s approval ratings.
The fact that Democrats haven’t been able to take the lead in the House race yet, despite outrage over the abortion ban, however, reveals Americans think they have no good choices in an untrusted political system.
China’s DEPA membership will provide a vast market for other members and consolidate digital economic cooperation, consequently contributing to the openness and long-lasting prosperity of the digital economy in the Asia-Pacific region and the world at large.
Although China is now the No.1 country in the world in terms of fentanyl-related substance control, huge regulatory loopholes remain in the U.S., where fentanyl abuse problems are deteriorating and causing a mounting death toll.
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