ed to comment on his relationship with the President or talk about the photograph said to be in th
Australia and New Zealand have already blocked mobil
using equipment from Huawei, the world’s biggest maker of telecommunications equipment, over security concerns.
The United States has made it clear that any country that uses Huawei will find its opportunities to work with Was
hington limited. In a speech in Munich on Saturday, Vice President Mike Pence described the company as a “threat.”
”Chinese law requires them to provide Beijing’s vast security apparatus with access to any data that touches their networks or equipment,” Pence said.
The RUSI report reached a similar conclusion, saying that although Huawei may be a pri
vate company, China’s national security laws required cooperation with authorities when requested.
”Huawei’s Chinese staff have no choice but to accede to requests from Chinese government departments,” the report said.
The Chinese government has denied it would demand access to Huawei’s technology for spying, and the company has said it would refuse such a request.
One of the goals of Pompeo’s visit is to rebuild the political
relationship between the US and Central and Eastern Europe. The US will also launch a Future Leaders Ex
change Program, providing one-year academic scholarships for Hungarian high school students to study in the US.
There are many aspects to US strategic return to Central and Eastern Europe. First, the US can
enhance energy cooperation with the region. The regional countries would prefer not to become overly dependent on Russia.
The US has already voiced strong opposition to the energy cooperation between Germany and Russia via the Nord Stream 2 project.
Given that the US is set to become a net energy exporting country in 2020, it could become a major source of energy for Central and Eastern European countries.
Second, the US will strengthen political cooperation with Central and Eastern European countries.
The region has undertaken multifaceted diplomacy, hoping to win more policy initiatives in tod
ay’s volatile geopolitical dynamic. As they receive less political and economic promises from the EU, they are turning to e
xternal powers such as China and Russia. The US wants to get back in as quickly as possible to make up for its absence.
The UK National Cyber Security Centre has concluded tha
ways to limit the risks from using Huawei in future 5G ultra-fast networks,” according to tw
o people familiar with the matter which has not been made public, The Financial Times reported.
The article comments that the conclusion is “a serious blow to US efforts to persuade
allies to ban the Chinese supplier from high-speed telecommunications systems.”
As a member of the Five Eyes (the anglophone intelligence alliance comprising Austral
ia, Canada, New Zealand, the UK and the US), London may indeed have given a reason for other E
uropean countries to continue using Huawei based on the above conclusion.
Not a single country or organization has found any evidence so far demonstrating that Huawei has illegally collected its device users’ i
nformation. All accusations against Huawei of gathering intelligence for the Chinese government are only ba
sed on imagination. London’s conclusion provides a reliable basis for third parties to dispel such fears.
Although the idea of Huawei engaging in espionage is te
ically possible, it does not make any sense from a commercial or political point of view.
Such a practice would be tantamount to suicide for a high-tech giant. If the Chinese governme
nt forced Huawei to do this, it would be stifling the country’s emerging industries. But intelligence can
not be mentioned in the same breath as Huawei’s contribution to China’s industrial prosperity and national interests.
Hyping the alleged Huawei threat has violated the basic spirit of seeking truth from facts. The West is prioritizing ide
ology and considering excluding China as political correctness. Many people in Europe are aware of the lies, but
still beating the drum for a certain value orientation rather than conducting an objective analysis.
The world is changing, and if Europe keeps prioritizing ideology and political correctness in dealing with every new situation, that would be dangerous.
What Europe needs is not only the ability to distinguish between right and wrong, but also the co
urage to make its own independent choices. Europe’s cooperation with Huawei on construction of a 4G
network is already an established fact, but it seems now that beneficial collaboration has become one of the biggest risks.
Guo Fan, director of The Wandering Earth, once said that a
film is a reflection of a nation’s comprehensive strength.” The Guardian published an article headlined “China challenges Hollywood with own sci-fi blockbuster.”
This is in line with how people see today’s global affairs. China is making contributions to global development with its own strength and its own way.
Different from the US sci-fi blockbusters which advocate individual heroism, The Wandering Earth pro
poses China’s collective spirit. Take the climax of the movie: When all the plans to save Earth faile
d and Earth is about to hit Jupiter, many other countries, which had decided to give up, were moved and inspired by a br
ave Chinese girl. They then chose to salvage Earth from its doom together with Chines
e. Such a Chinese blockbuster presents a new appearance of sci-fi and successfully moves audiences of different countries.
Likewise, the key to improving the world’s understanding of China is to find a
n echo in each other’s hearts. Today, mankind still faces many international hot
issues, such as environmental protection, anti-terrorism and the reconstruction of the world financial o
rder. To solve these problems, we need global participation and cooperation, and China should play a constructive role.
These problems are also common challenges facing China and the US. Both Chi
na and the US should take their responsibilities. The two countries are mo
re likely to cooperate on these issues which could be the basis for building mutual trust.
Globalization needs to be upgraded to serve the interes
In recent years, a rising number of people have realized “the world is undergoing profound changes unseen in a century.” It was more pronounced in 20
18. Some phenomena that people are familiar with are changing direction. The head winds globalization is facing is one example.
Implied meanings of certain words describing key concepts are going the opposite way. For exam
ple, public opinion in some countries is moving against globalization and globalism. Why does this happen?
In the UN General Assembly in September 2018, almost the whole world heard US President Donald Trump’s comp
laint on globalism, which was hard to imagine previously. Terms like “globalism,” “global governance”, which wer
e popular in Western politics, are not hot any more in their birthplace. Is this a time to abandon globalism?
It is expected that “globalization,” “globalism” and “global governance” will see a winter prior to their revival. Not lo
ng ago, World Bank President Jim Yong-kim abruptly resigned, three years before the end of his term. The reason w
as said to be Trump’s dislike for the World Bank and his belief that the international lender is
Second, out of expectations of politicians from powerful
countries, who claim their nations represent public interest, globalism is becoming a tool in the fight between capitalist forces an
d national will. As a result, state power is eroded by capital, leading to alienation and political strains in some countries.
It is believed that some countries cannot bear the negative effects of globalization. The main reason for t
his is that capital is equipped with increasingly powerful characteristics that weaken nations’ capa
bility to control their capital and eliminates sovereign states’ ability to embody the will of the people.
The hit on state power by capital not only leads to financial chaos, triggering financial and economic crise
s, but can also generate social and political woes. Western countries’ easing financial regulations resulted in the 2008 financial c
risis. In recent years, developed countries are experiencing increasing economic and political challenges, which a
ctually are extensions of the 2008 financial crisis. Some of them are yet to be addressed.
Economic liberalization faces challenges in the developed and developing world.
It is easy to feel the influence of the US when dealing with region
al affairs in Southeast Asia. Although Duterte’s strategies differ in some ways fro
m those of his predecessors, the US still has strong influence on the Philippines. It is understandable that M
anila may worry that the takeover of strategic facilities by Chinese companies could affect its relationship with the US. So
me US politicians may also use the South China Sea issue to instigate reckless moves against Chinese investment.
Politicizing investment is a pervasive problem faced by China as the country pushes forward the BRI. China and the Philippines need to make join
t efforts to resolve the issue. China should back the establishment of mechanisms such as the South China Sea Code of Conduct to sa
feguard the interests of all parties and build the foundation for win-win cooperation. As for the Philippines, the c
ountry needs to rid itself of US influence with a new understanding of the Chinese investment. We hope the Philippines can p
rovide fair treatment to Chinese enterprises and abandon its old idea that it has to take sides between China and the US.
ow to sustain positive economic development inlimited to
The 2019 Annual Meeting of the Chinese Economists 50 Forum was held in Beijing on Saturday, with the theme “How to achieve the six stabilities and keep positive economic development in the lo
ng run.” Below are excerpts from speeches given by several renowned scholars and officials at the event.
Fang Xinghai, vice chairman of the China Securities Regulatory Commission
The current IPO system has led to highly consistent investor expectation in the secondary market as they mindlessly buy into
roaring stocks, aggravating price distortions and resulting in low long-term returns on newly listed shares.
Reform to secondary market prices will create a good groundwork for IPO price reform in the future.
Liu Shijin, vice president of the China Development Research Foundation
If we compare [China’s] high-speed growth of the past three decades to eating fatty meat, after we e