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A Quixotic quest to reindustrialize US - August 10, 2025
To its faithful supporters, the US administration's 2025 tariff policy — a sweeping 15-35 percent duty on all imports with additional tariffs on steel, aluminum and copper — is a bold economic maneuver aimed at reviving US manufacturing. In reality, it's less policy and more pageantry. A theatrical drama steeped in nostalgia for a bygone industrial age. The Quixotic US administration is jousting at windmills, mistaking them as economic demons — growing trade deficits, other countries' manufacturing efficiency, and the erosion of the "American dream".
Resilience of Chinese economy provides the world with certainty and stability - August 05, 2025
The tariff war engulfing the major economies, along with lasting geopolitical tensions, has spiked corporate costs and increased market volatility. The convergence of tensions and disruptions has clouded the global economic outlook, posing a profound test to the resilience of economies worldwide.
US tariff policies may lead to more complex economic consequences than anticipated - August 04, 2025
On the surface, the US government's recent decision to impose high tariffs on goods from more than 90 economies appears to be designed to reduce imports, revitalize American industries and increase tariff revenue.
Unified national market a new growth launchpad - August 03, 2025
What defines the world's largest economies is the integration of different systems and sectors. Accordingly, China has been taking measures to create an integrated national market to ensure companies and consumers feel as if provincial borders don't exist. The move is not only to align policies but also to fuel new growth points at home and beyond.
Talks highlight the fact that cooperation benefits both sides, confrontation harms both - July 31, 2025
In an era marked by global economic uncertainty, the just-concluded China-US economic and trade talks held in Stockholm underscored a crucial principle of China's relations with other countries: collaboration over confrontation.
Cooperation makes AI public good for world - July 28, 2025
In recognition that artificial intelligence is both a global challenge and a major opportunity for the world, President Xi Jinping put forward the Global AI Governance Initiative in 2023, contributing China's wisdom on how to develop and govern AI.
Turning challenges into opportunities - July 27, 2025
The China-European Union Summit in Beijing last Thursday carried the historical weight of the moment. This year marks the 50th anniversary of the establishment of China-EU diplomatic relations.
High-tech boom helps attract foreign investment - July 22, 2025
Years of efforts aimed at promoting the country's opening-up and continuously expanding market access for foreign enterprises have gradually paid off. Foreign-funded enterprises now contribute one-third of China's foreign trade, one-fourth of its value-added industrial output, and one-seventh of its tax revenues, and have created more than 30 million jobs over the past five years.
Why China is irreplaceable in supply chain - July 21, 2025
Global supply chains are undergoing a fundamental transformation. Geopolitical tensions, shifting trade policies, and rapid technological advancement are forcing companies to rethink how they source, produce and distribute goods.
'Zero-tariff' a blow to zero-sum game - July 20, 2025
While many Western economies still impose political conditions and demand ideological selectivity, China's approach to trade with Africa is different: respect for countries' sovereignty, promotion of mutual benefit, and the pursuit of shared modernization. African countries are not passive acceptors of China's trade policy; they are active co-creators of a better, more inclusive economic order.
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