Donald Trump’s trade war with China does not make economic sense,but he does not face much domestic opposition to this trade war.Moreover,it is a part of a broader strategy of the nationalistic Americans’attempt to ...Donald Trump’s trade war with China does not make economic sense,but he does not face much domestic opposition to this trade war.Moreover,it is a part of a broader strategy of the nationalistic Americans’attempt to suppress the rise of China.Would China give in to the requests of the US under the threat of the escalation of the trade war?In what way?My conjecture is that China is willing to compromise up to a point.What China is likely to do is to promise to buy more goods and services from the US,allow greater market access for American firms,reduce Chinese subsidies to its industries,reduce forced technology transfers by American firms,strengthen enforcement of intellectual property rights protection and make verification all these commitments more transparent.Although the US might stop escalating the trade war,it is likely that the tariffs already imposed on Chinese goods would not be removed soon.In response to that,China also would not remove most of those tariffs already imposed on imports from the US,in keeping with the spirit of the tit-for-tat policy.It is possible that a temporary ceasefire is agreed,but the trade war can last for a long time.The final assembly stage of many industries might leave China,but not necessarily the whole production process.Hong Kong can be a victim of the trade war if it escalates.展开更多
Change is a word synonymous with China. Since inaugurating its reform campaign 29 years ago, the nation has seen countless examples of change, from the social, economic, political and cultural perspectives. Many of th...Change is a word synonymous with China. Since inaugurating its reform campaign 29 years ago, the nation has seen countless examples of change, from the social, economic, political and cultural perspectives. Many of these changes have been dramatic and have spawned social problems and related disputes. The 21st Century Business Herald, a leading Chinese financial news- paper, recently convened a group of eminent scholars specializing in social sciences to discuss the challenges facing China's further reform and the trend of its social development. Professor Zhou Weimin, Editor in Chief of Study Times, Yang Fengchun, Dean of the E-Government Research Center of Peking University, Professor Mao Shoulong, Faculty Director of the Department of Public Administration of the Renmin University of China, and Professor Zhen Xiaoying at the Central Institute of Socialism, give their opinions in the following excerpts:展开更多
文摘Donald Trump’s trade war with China does not make economic sense,but he does not face much domestic opposition to this trade war.Moreover,it is a part of a broader strategy of the nationalistic Americans’attempt to suppress the rise of China.Would China give in to the requests of the US under the threat of the escalation of the trade war?In what way?My conjecture is that China is willing to compromise up to a point.What China is likely to do is to promise to buy more goods and services from the US,allow greater market access for American firms,reduce Chinese subsidies to its industries,reduce forced technology transfers by American firms,strengthen enforcement of intellectual property rights protection and make verification all these commitments more transparent.Although the US might stop escalating the trade war,it is likely that the tariffs already imposed on Chinese goods would not be removed soon.In response to that,China also would not remove most of those tariffs already imposed on imports from the US,in keeping with the spirit of the tit-for-tat policy.It is possible that a temporary ceasefire is agreed,but the trade war can last for a long time.The final assembly stage of many industries might leave China,but not necessarily the whole production process.Hong Kong can be a victim of the trade war if it escalates.
文摘Change is a word synonymous with China. Since inaugurating its reform campaign 29 years ago, the nation has seen countless examples of change, from the social, economic, political and cultural perspectives. Many of these changes have been dramatic and have spawned social problems and related disputes. The 21st Century Business Herald, a leading Chinese financial news- paper, recently convened a group of eminent scholars specializing in social sciences to discuss the challenges facing China's further reform and the trend of its social development. Professor Zhou Weimin, Editor in Chief of Study Times, Yang Fengchun, Dean of the E-Government Research Center of Peking University, Professor Mao Shoulong, Faculty Director of the Department of Public Administration of the Renmin University of China, and Professor Zhen Xiaoying at the Central Institute of Socialism, give their opinions in the following excerpts:
