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It is a significant achievement to bring renewable energy manufacturing back to American soil, however, it is unclear whether this goal can be achieved without disrupting the global supply chain in which China is a major player.
The term "de-risking" has evolved into a buzzword in recent months with some policymakers in the U.S. and Europe preferring this term to "decoupling," when emphasizing the relationship with China.So why are Western leaders comfortable to embrace de-risking?
Influential leaders from businesses, governments, international organizations, and academia have gathered to discuss China's contribution to the global economy, and share their wisdom in cooperation amid global challenges. The occasion was the 14th World Economic Forum Annual Meeting of the New Champions 2023 (Summer Davos Forum) held from June 27 to 29 in China's Tianjin.
China's Global Development Initiative (GDI), proposed by President Xi Jinping at the UN General Assembly in September 2021, aims to accelerate the implementation of the UN 2030 Agenda for Sustainable Development, promote stronger, greener and healthier development, and strengthen global cooperation. "The Global Development Initiative is not a 'solo' of China, but a 'symphony' of all developing countries," said Chinese Vice Foreign Minister Ma Zhaoxu in June while releasing a report on the GDI.
The European Union recently came up with a “de-risking” approach toward China, a policy different from the decoupling advocated by some individuals and organizations in the United States.But de-risking, in fact, is decoupling in disguise, despite China’s track record showing it stands for peace, growth and innovation and poses no risk to any nation.
The IMF projects a downtick in global economic growth - a mere 2.8 percent for 2023. The Asia-Pacific region, once hailed as the economic dynamo that drove the recovery post-2008, is faring no better. Its growth rate is languishing at around 4 percent for both 2023 and 2022, a significant decrease from 6.5 percent in 2021. The path to global economic recovery, it appears, is far from straightforward. The transformation, as the recent news suggests, might arise from the Philippines’s ratification of the Regional Comprehensive Economic Partnership (RCEP), prompting the mega-trade arrangement to take full effect for all of its 15 members.
AI systems need to be safe, controllable, and aligned with human intentions and values. This is a general global sentiment and as the technology becomes more powerful, humanity could be facing one of the most urgent global scientific challenges of the 21st century.
The operator of the wrecked Fukushima nuclear plant began tests on June 12 of newly constructed facilities for discharging treated radioactive wastewater into the sea, a plan strongly opposed by fishing communities and neighboring countries. Many scientists and environmental organizations worldwide have expressed deep concerns.
Participants from 137 member states attended the second session of the United Nations Habitat Assembly held in June, that sought to revitalize the world's urban cities amid multiple global challenges.
China launched the Shenzhou-16 mission to its Tiangong space station on May 30, marking "another step forward" for the country's space program, said CNN. The day before this launch, it revealed that China will send astronauts to the moon before 2030 and carry out lunar scientific exploration and related technological experiments. The country's latest efforts to explore space have garnered much global attention.
U.S. chip export controls will not affect China's 30-year head start in nurturing its stockpile of rare earth metals, skilled chip designers and engineers, and thousands of indigenous suppliers.
The Japanese government officially announced on May 23 that it will add 23 items related to advanced semiconductors to its list of regulated exports. Japan has not singled out China in its statements about the export controls, saying only that it is fulfilling its duty to contribute to international peace and stability.The move obviously follows similar restrictions imposed by the U.S. last October, to put a brake on China's development of cutting-edge semiconductors.
In the past few decades, humanity has reached a beneficial consensus, namely to promote innovation infused with much diversity and differences. If our community with shared future for mankind is to continue developing, it is necessary to carry out cross-border, cross-field, and interdisciplinary cooperation.
The World Bank predicted that growth in developing East Asia and the Pacific is forecast to accelerate in 2023, as China's economy gains momentum. IMF also reported that as Asia is poised to drive global economic growth, China is a relative bright spot amid the more somber context of the global economy's rocky recovery.
China was the biggest contributor to research in major science journals and replaced the U.S. in top position for the first time in 2022.
The major potential threat to global economic stability this year is the United States.
The European Parliament recently passed a draft of the Artificial Intelligence Act after months of negotiations.
The fact is, the U.S. is the very origin of coercive diplomacy
The China-Central Asia Summit is an important dialogue platform between China and Central Asian countries.
"Hostile" US policies on China risk splitting the world into two blocs.
William N. Brown has called China home for over 30 years. "I'm fortunate to live in a country as beautiful as China, in the vibrant city of Xiamen, and at a university as remarkable as Xiamen University," the 68-year-old American professor at Xiamen University said.
The Mid-Autumn Festival, also known as the Moon Festival or Mooncake Festival, is a harvest festival celebrated in Chinese culture. Held on the 15th day of the eighth month of the Chinese lunisolar calendar, it falls on September 17 this year according to the Gregorian calendar. On this day, the Chinese believe that the moon is at its brightest and fullest, coinciding with harvest time in the middle of autumn.
