China and the U.S.…
China and the U.S.…
The substantial progress achieved by China and the US after a new round of high-level economic and trade consultations indicates that the willingness for reaching an agreement and for cooperation between the two countries is on the rise. Under the guidance of the important consensus reached between the heads of state of the two countries, the negotiation teams of China and US conducted candid, efficient and constructive discussions on economic and trade issues of common concern from October 10 to 11 in Washington D.…
A new round of high-level economic and trade consultations between China and the US concluded on October 11 in Washington. Information released by both sides suggests that substantial progress has been achieved.…
China has lodged solemn representations with the US side for adding 28 Chinese companies and government agencies on its export control entity list on October 7, with the so-called “human rights issue” in China’s Xinjiang Uygur Autonomous Region as an excuse. What the US did seriously violates basic norms governing international relations, interferes in China's internal affairs and harms its national interests.…
On Sept. 11, the Customs Tariff Commission of China’s State Council announced the first group of US imports for exclusion from the initial round of additional tariffs.…
For a period of time, some US politicians have been bragging on how the China-US economic and trade frictions have impacted China’s economy. However, their arguments have been proven wrong repeatedly as China’s economy is resilient enough to confront various uncertainties and the trade disputes will never halt China’s development.…
China, responding to external uncertainties by continuous efforts to expand opening-up amid the US-provoked trade frictions, is contributing Chinese wisdom and schemes to safeguarding free trade and building an open world economy. Visitors take a selfie during a major exhibition to commemorate the 40th anniversary of China's reform and opening-up at the National Museum of China in Beijing, capital of China, Dec.…
The US continuous escalation of China-US trade frictions has violated the consensuses reached by the two heads of state in Argentina and Osaka and deviated from the right track of resolving differences through consultation. Such moves of the US have undermined the foundation of mutual trust and increased uncertainties to the settlement of trade and economic disputes between the world’s top two economies.…
The US has seriously violated the rules of the World Trade Organization (WTO) and undermined the international rule of law and trade order as it provoked and escalated economic and trade frictions with other countries. However, some US officials, who completely ignored the principles of the multilateral trading system, constantly distorted reality and accused China of breaking the WTO rules.…
In the face of trade frictions escalated by certain people in the US, China has always had the sense of morality and justice, demonstrating full confidence, strength and resilience. China resolutely defends its core interests and the fundamental interests of its people, and firmly upholds the free trade and rules-based multilateral trading system, winning wide praise from the international community.…
Recently, some US politicians have been blaming China for not fulfilling promises to stop sales of fentanyl to the US, calling China a major source of fentanyl-related substances and a cause of many deaths in the US. Such groundless accusation only revealed their amorality - something rarely seen in this world.…
It’s not hard to find that voices different from Washington always occurred in American society every time the US government took actions to escalate trade frictions with China. On August 28, Washington announced that it would impose additional tariffs on Chinese goods starting from September 1 and December 15, respectively.…
How will the latest wave of tariffs imposed by Washington on Chinese goods affect the US itself? Obviously, the American people have already felt the impact, as the new move has extensively affected various consumer products in the US market, ranging from craft beer to musical instruments and children’s books. All relevant analyses have indicated the same fact that some US politicians ignored the real situation when they claimed that “tariffs have had a tremendous positive impact,” and “so far our consumer is paying nothing”.…
Washington’s recent decision to impose additional tariffs on Chinese goods further exposed its essence of a trade bully. It triggered anxiety among the international community that the global economy might be severely impacted by the tariffs.…
Some US politicians left no stone unturned to find a way to restrain China. Their recent activities in Hong Kong have not only exposed sheer hegemonism, but also showed the world their out-of-line double standard.…
Abuse of fentanyl is a chronic disease of American society, and it’s natural for the country to seek a cure. However, calling white black in an attempt to defame China, some people in the US are passing the buck and saying China is responsible for the abuse.…
Hong Kong was put into extreme chaos by illegal assemblies and violent protests, which have lasted more than two months and aroused resentment among Hong Kong residents. When the Hong Kong society is calling for immediate actions to stop violence, some politicians of certain western countries couldn’t resist the temptation to meddle in Hong Kong.…
China’s state-owned enterprises (SOEs) are independent market entities that engage in autonomous operations, and make profits and assume losses independently. Bearing risks on their own, practicing self-discipline and pursuing self-development, they compete with other enterprises of different ownerships on a level playing field.…
It is already an old trick for some people in the US to pass the buck for whatever crises that arise in their own country. Recently, they brought up the theory that China dumped goods onto the US market, striking their industries and causing native companies to close down.…
Some politicians in the U.S.…
After Washington announced that it will impose additional 10 percent tariffs on $300 billion of Chinese imports, some people in the US have again harped on the same old string by criticizing China for stealing US intellectual properties. As a developing country, China has made rapid progress in intellectual property rights (IPR) protection and is highly praised by the international community in this respect.…
Some US officials are interested in discrediting China with the so-called "forced technology transfer" accusation and it seems that they’ll never get bored with it. Though their remarks were doubted internationally and domestically, and despised by the US business circle, these officials just couldn't resist stirring things up.…
China has to take necessary countermeasures, said the Customs Tariff Commission of the country’s State Council on Aug.15, in response to the US announcement of imposing additional 10 percent tariffs on $300 billion of Chinese imports.…
On Aug. 13, People’s Daily published an article under the pen name “Guo Jiping”, probing into the economic development of China.…
Washington’s disloyalty and limits-testing attempts were fully revealed by the frequent farces of disregarding international rules made by some US officials. The White House has arbitrarily withdrawn from international agreements and organizations, recklessly started trade disputes with global countries and undermined the rules of the World Trade Organization (WTO).…
On August 5, both onshore and offshore exchange rate of the Chinese yuan broke 7 against U.S.…
China’s Ministry of Commerce announced Monday that related Chinese enterprises have suspended purchases of US agricultural products, and this message is not surprising at all. As the China-US economic and trade friction once again escalated due to the action of the US side, such decision reflected China’s persistent position on the issue that the country does not want a trade war, but it is not afraid of one and it will fight one if necessary.…
“The Americans have always been internationalists, but their internationalism has always been a by-product of their nationalism.” The remarks made by Robert Kagan, a senior fellow with the Brookings Institution, are more than appropriate to describe the reckless practices of some Americans.…
Recently, the United States threatened to impose a new 10 percent tariff on $300 billion worth of Chinese exports to the United States, violating the consensus reached by the two heads of state at the G20 Summit in Osaka and the understanding that there would be no new tariffs. The US decision to escalate trade tensions was grade-A dumb and sends a message that the United States cannot be trusted.…
The 12th round of the China-U.S.…
"As a member of the Asian family and a responsible major country in the global community, China will continue to build peace, contribute to development and uphold order in the world, and work for a new type of international relations and a community with a shared future for mankind." This is the remarks made by Chinese President Xi Jinping at the Fifth Summit of the Conference on Interaction and Confidence-Building Measures in Asia (CICA) held in Dushanbe, Tajikistan.…
“Despite our geographical distance, we have become like-minded partners, thanks to our common pursuit of peace and development and shared aspiration for a better life for our people.” Chinese President Xi Jinping’s remarks at the welcoming banquet of the second Belt and Road Forum for International Cooperation are still resonating.…
Just as China and the U.S.…
The ambivalence of some U.S.…
For some time, some US politicians have unscrupulously practiced unilateral policies, making troubles for the international society. By waving the big stick of tariffs and frequently withdrawing from international organizations, they are producing risks for the world through every possible means.…
Recently, some US politicians have acted irresponsibly and unjustly when dealing with international cooperation, especially major country relations. They constantly released signals of confrontation, with a wishful thinking that Uncle Sam might steal a win from the zero-sum game.…
The World Bank’s global growth forecast for 2019 stood at 2.6 percent, the lowest in the recent three years, while the global trade growth this year was also revised down to 2.…
What does Washington’s imposition on $300 billion worth of more imported Chinese goods mean to the American people? The possible price hikes of consumer goods, such as mobile phones, laptops, clothing, footwear, toys and gaming equipment will make American enterprises and consumers feel worried because their days will be different. On June 17, the Office of the U.…
The US has received broad objection from the international community during the past year as it widely instigated trade frictions regardless of international rules. However, the extreme pressures exerted by Washington intimidated no country.…
Since the China-U.S.…
In the eyes of some US politicians, the world is a theater of monodrama for America, while the international rules are just a puppet in their hands. In this monodrama, it is the United States that decides how the story goes.…
The US decision makers are accustomed to pressuring other countries by threatening to hike tariffs. Satisfy their demands, or else they will intimidate you with a “big stick” of tariffs.…
Interests can only be acquired through harmonious relations. However, some short-sighted American politicians just don’t understand it, and instead abandoned the international justice that the US used to take pride in.…
Some US politicians, demanding others to keep promises while constantly backtracking themselves, are revealing their double-dealer essence to the world. They orally worship the so-called spirit of contract, but have no idea that their arrogant and bossy practices are actually against it.…
Why should China and the US choose to cooperate, and why should economic globalization be advocated and protected? These are two questions that urgently need to be answered amid the economic and trade tensions between the two largest economies of the world. The US administration reiterated that many enterprises had moved from China to other countries including the US to avoid hiked tariffs, but the tariff rise has been strongly opposed by US citizens on social media platforms.…
“The most effective protection to a consumer is free competition at home and free trade throughout the world,” said Milton Friedman, who received the 1976 Nobel Memorial Prize in Economic Sciences. The tips given by this American economist still enlighten today’s world.…
French scientist Louis Pasteur said that “Science knows no country, because knowledge belongs to humanity, and is the torch which illuminates the world,” but some U.S.…
Tourists always expect a good environment in the destination countries so that they could have more memorable travel experiences there. Travelling to the US, however, has aroused the feelings of uneasiness and anxiety among Chinese citizens.…
"We seek a relationship grounded in fairness, reciprocity, and respect for sovereignty.” This is a beautiful story told by US Vice President Mike Pence, but in reality, the US is seeking its own interests regardless of the losses of others, as it believes in the “winner-takes-all” philosophy.…
“China’s Position on the China-US Economic and Trade Consultations”, a white paper issued by China on June 2, completely and accurately introduced the process of the trade talks between the two countries with solid data and facts. It further revealed to the world the US breach of consensus and commitments, and backtracking, making the US uneasy.…
The US government should bear the sole and entire responsibility for this severe setback to the China-US economic and trade consultations, said a white paper issued by China’s State Council Information Office (SCIO) on June 2. The white paper, titled China’s Position on the China-US Economic and Trade Consultations, marks the second time for Chinese government to issue an authoritative report on China-US trade issues after The Facts and China’s Position on China-US Trade Friction was released last September.…
“The greatest improvements in the productive powers of labor, and the greater part of the skill, dexterity, and judgment, with which it is anywhere directed or applied, seem to have been the effects of the division of labor.” The definition of labor division made by Adam Smith, renowned as the father of modern economics, in the opening chapter of his book Wealth of Nations, has been serving as a cornerstone for world economics since the industrial revolution.…
There is an old saying in China that “a wise man can be ruined by his own wisdom.” This proverb is perfect to describe some politicians in the US who think they are always right and clever.…
China never backtracks on its words. From June 1 on, the country’s imposition of additional tariffs on 60 billion dollars worth of US imports will take effect, as a counter-measure against Washington’s move to increase tariffs on 200 billion dollars worth of Chinese goods from 10 percent to 25 percent.…
The combined forces of Chinese manufacturing, Chinese innovation, and Chinese construction are continuing to change the face of the country, and the resilient and expanding Chinese economy is also making huge contribution to the world. According to WTO statistics, China accounted for 12.…
China does not want a trade war, but it is not afraid of one and will fight one if necessary. The Chinese government has always adhered to this principle faced with the US initiated trade frictions against China.…
China’s development will provide more opportunities for the world as the country’s market will only open even wider. Today, imported cherries are no longer a rarity for many Chinese people.…
What the current trade frictions have showcased to the world is China’s sense of responsibility and the unscrupulousness of the U.S.…
The economic fortunes of rich and poor regions of the US have diverged dramatically over the last 40 years, said a recent study by Harvard social policy scholar Robert Manduca which triggered huge attention from US media. According to the study, in 1980, around 12 percent of the US population lived in metropolitan areas whose mean family incomes were at least 20 percent larger or smaller than the national average, while the share had climbed above 30 percent by 2013.…
China, maintaining medium- to high-speed economic growth amid high-quality development as a huge economy of over $10 trillion, is making an unprecedented miracle in the world economic history. The country has kept its economic growth within a range of 6.…
“Honesty is the best policy.” This famous remark of Benjamin Franklin, one of the Founding Fathers of the U.…
Some American politicians like adopting double standards in international affairs and are obsessed with the so-called American exceptionalism. In their eyes, the US should always live above the rules, believing the rules are made for others to obey and have nothing to do with the Americans themselves.…
Courage is grace under pressure, and this remark by Ernest Hemingway is being well explained by China with actions. According to a report jointly issued by the International Data Company and Seagate on Global Datasphere, a measure of how much new data is created and replicated each year, China's Datasphere was 23.…
There’s a proverb in the western world that self-knowledge is the most valuable knowledge. However, some US politicians, who are just not able to have a clear knowledge of themselves and the global situation, are still stubbornly following the outdated hegemonic approach.…
"Fixating on scapegoats is apparently much easier than taking a long, hard look in the mirror," said Stephen Roach, a senior fellow at Yale University's Jackson Institute of Global Affairs in an article he recently published. Roach also pointed out that the US chattering class has it all wrong and the China bashing is more an outgrowth of domestic problems than a response to a genuine external threat, and Washington has been loose with facts, analysis, and conclusions.…
Rejecting globalization was like rejecting the sunrise, senior journalist George Packer once warned US years ago. Unfortunately, such constructive remarks have been completely ignored by some US politicians who go against the trend of time and declared that Americanism, not globalism, will be their credo.…
If a cause is beneficial to society, it should be granted free development and broad competition, and the freer and broader the competition is, the more beneficial the cause would be to society. What Adam Smith says in the Wealth of Nations is still applicable to today’s world where economic globalization is going through in-depth development.…
A Western historian once said that it is often because of stupidity that people fall into irreversible disasters, and those American politicians who have entered the 21st century physically but still stick to the Cold War and zero-sum mentalities are contributing new evidence to the thesis. For a long time, some politicians of the U.…
A senior American official from the State Department recently astonished the world with her racist comments portraying China-US relations as “clash of civilizations”. The Director of Policy Planning Kiron Skinner seems to be quite blunt about her deeply-rooted racism.…
The outcomes of China-US trade talks are still in doubt after rounds of negotiations. However, the US has once again put on a show of bullying practices as it labeled China with “backtracking”, “betraying”, and “reneging” on commitments made - a trick played by Washington to confuse the public and pressure China.…
The Bureau of Industry and Security of the US Department of Commerce last week put Huawei and its affiliates on the “Entity List”, which restricts the sale or transfer of US technologies to the company. The bureau gave Huawei a 90-day license to purchase US technologies to maintain existing networks and provide software updates to existing Huawei handsets.…
Lately, the U.S.…
The US administration always blames other countries for “violating rules” as long as its “America first” strategy malfunctions or its hegemony fails to work. Martin Wansleben, Chief Executive of the Association of German Chamber of Commerce and Industry, compared such overbearing philosophy of Washington to a football game in which the US dribbles the ball with hands and drives into the goal, saying it is playing by American football rules.…
The accusations on China “stealing” intellectual property were initiated by the U.S.…
On May 6, Shanghai municipal government issued certificates to 27 foreign companies who have placed their headquarters or research and development centers in Shanghai, including the Apple Inc.’s Greater China unit, Honeywell Automotive Parts Services (Shanghai) Co.…
What will happen if a driver shifts to reverse gear and hits the pedal to the floor on a busy street? The answer is obvious – a series of scratches, crashes and losses, forming a chain reaction. What if such a case is happening to the global industrial chain, or in the development of the international relations? Now, the US is turning the “what if” to reality.…
The so-called forced transfer of technology by China has been repeated by the US as an allegation against China in China-US trade talks. Such accusationis an old-fashioned argument used by some people in the US to suppress China’s development.…
A US senior official recently “warned” the UK on its approval to let Chinese telecoms company Huawei to help build some non-core parts of 5G data network, saying that it could allow China to “control the internet of the future” and “divide Western alliances through bits and bytes”. On top of such slander, the US government even put Huawei on the “Entity List” to suppress the company.…
Despite complex domestic and international environment, China has managed to run its economy with a good start since this year, keeping major indicators within a reasonable scope and displaying strong economic resilience. A total of 195 million domestic tourist trips were made during the four-day May Day holiday, and each day there were 9,266 trains and 16,000 flights departing.…
When Beijing was about to embrace the warmness of the spring but still suffering from the lingering coldness, the Chinese toon, a leafy vegetable produced in southwestern provinces of Sichuan and Yunnan had already hit the dining tables of the Beijingers. Dazhu county of Sichuan, once known for its lush bamboos, is now making a profit from off-season toon growing.…
Photo taken by drone on May 9, 2019 is the rape field in Shuangmiao town, Xianju county, east China's Zhejiang province. (Photo: People’s Daily Online) The string of encouraging figures, optimized planting structure, accelerated pace of rural revitalization, and diversified income sources of farmers indicate that China’s agriculture sector, a strategic backyard and ballast stone for economic growth, is ready for a harvest year, which also boosts the country’s confidence and capability to take all kinds of risks.…
The erratic weather in Washington seems to tell what happens between the world’s two largest economies. In a highly hard and sensitive atmosphere, China and the US kicked off their 11th round of high-level trade talks on May 9.…
Containers are placed in an orderly manner at a storage yard of Taicang CIMC Container Manufacturing Co., Ltd.…
The 125th China Import and Export Fair, also known as the Canton Fair, opened in Guangzhou, south China's Guangdong province, April 15, 2019, attracting buyers from more than 210 countries and regions. (Photo: People’s Daily Online) “You can always find more solutions than challenges.…
Photo taken on May 8, 2019 shows containers placed in an orderly manner at a port in Lianyungang, east China’s Jiangsu Province. Photo by People’s Daily Online China’s foreign trade saw steady development and its structure has been improved in the first four months of this year as the sector seeks high-quality growth.…
Photo shows a robotic arm working at a lithium battery company in Xinyu, east China’s Jiangxi province, May 15, 2019. (Photo by Zhao Chunliang/People’s Daily Online) China has full confidence in its economic growth as its overall momentum of long-term stability and progress remains unchanged, despite the declining traditional competitiveness, the downward economic pressure and the increasing uncertainties of the global economy.…
Washington lifted additional tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent as the 11th round of China-US high-level economic and trade consultations had just kicked off. The US, labeling China with “reneging on promises”, claimed that it has seen an erosion in commitments by China, and accused the latter of backtracking on its pledges and infringing upon its major concerns.…
The US declared a raise of tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent when Chinese delegation headed to Washington for the 11th round of high-level economic and trade consultations, triggering a severe setback of the trade talks. The US even said the tariffs would benefit the country, trying to hide the potential impacts on the US economy.…
Photo shows students play robotic football at the third robot contest for primary and middle school students in Fuyang, east China’s Anhui province, May 12, 2019. (Photo/People’s Daily Online) China delivered better-than-expected economic performances at the beginning of 2019, in which innovation has replaced input as the major engine driving the country’s growth, injecting strong power for the country to advance against storms.…
Some Americans are always holding a grudge against China’s trade surplus with the US, saying the US is losing $500 billion in trade to China each year and has lost millions of manufacturing jobs. They claim that the US is a victim in the China-US trade.…
“In a successful negotiation, everybody wins,” said Gerard Irwin Nierenberg, an American negotiation expert. However, the US has run counter to such idea, resulting in serious setbacks in bilateral trade negotiations.…
China’s rapid development carries huge significance in the modern time, and is widely recognized as a miracle by the international community. But such achievements have led to harsh voices of some Americans who said it was their country that had rebuilt China in the past 25 years.…
China has been a nation of courtesy since ancient times, pursuing the exchanges of reciprocity in diplomacy. Only when peaceful approaches fail in the face of confrontations, will China resorts to strong measures.…