The Sino-US relationship is one of the most important in the world. But a trade war, which US President Donald Trump seems determined to pursue with China, will damage this vital relationship and, equally importantly, push the global economy toward chaos and stunt global growth.
Editor's note: A seminar on reform and opening-up and China's human rights progress was jointly held by the China Society for Human Rights Studies and the publicity department of the Hubei Provincial Committee of the Communist Party of China in Wuhan, Hubei province, last week. Following are excerpts from the presentations made by five scholars at the seminar:
European Commission President Jean-Claude Juncker was happy on Wednesday to reach a deal with US President Donald Trump to put on hold their escalating tariff wars.
The 10th BRICS Summit in Johannesburg has demonstrated that the group of five emerging economies - Brazil, Russia, India, China and South Africa - is placing even more emphasis on its partnership with Africa.
The Taiwan authority has only itself to blame for the decision by the East Asian Olympic Committee to cancel the East Asian Youth Games, which were due to be held in Taichung on the island next year.
US President Donald Trump's administration has based its decision to impose trade tariffs on China, and risk a broadly catastrophic trade war, on a report that does not stand up to scrutiny. The decision, it seems clear, was made before the report was even written.
Judging by the statements of its member states and the theme of the ongoing 10th BRICS summit, "BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution", the five-nation bloc affirms, through concrete actions, its commitment to support multilateralism and the democratization of the international trading system in the face of US trade protectionism and unilateralism.
As certain countries continue to champion isolationism and undermine decades-old international relationships, China is rolling out its Belt and Road Initiative, a project that is helping to build a China-Africa community with a shared and promising future.
In view of great trade uncertainties facing the global economic landscape, the role of BRICS countries - Brazil, Russia, India, China and South Africa - in sustaining international trade is of paramount importance. It can be safely assumed that BRICS and other multilateral groupings such as the G20 and the World Trade Organization will continue to foster international trade despite the uncertainties arising from the actions of the Donald Trump administration.
So some pain relief is to finally be administered. In an admission that the escalating trade disputes it has initiated with China and other countries is hurting the United States, the Trump administration announced on Tuesday it will provide $12 billion in emergency aid to ease the misery of US farmers.
Three months have passed since China's civil aviation authority wrote to more than 40 international airlines asking them to remove from their websites information that refers Taiwan as an independent country.
|
|
|
|
|
|
|
|