Left Review Online April 20, 2025
A recent CNBC article spotlighted growing concern among investors regarding a potential exodus from US assets, as both US Treasury debt and the dollar experience a downturn. The April sell-off in financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and...more
"Though we are unaware of how bad it could get, we are holding our breath for what could come from it." In the heart of Muscatine, Iowa, 21-year-old Katharina Scholze, a full-time nanny, captures the growing unease that has gripped American consumers. "The price of eggs, seafood, sugar,...more
In recent days, the fallout from the US so-called "reciprocal tariff" policy has continued to intensify: The global financial market has fluctuated, panic buying and hoarding have taken hold among American consumers, and the international community has voiced strong condemnation. All of this once again underscores the unpopularity...more
South China's Hainan Province, host to the country's first commercial spacecraft launch site and also to the coastal national Wenchang spaceport, on Monday released a government document aimed at promoting the region into a crucial practice site for the building of new quality productive forces, with a focus...more
China has condemned recent malicious cyber activities by the US government and expressed its concern to the US side through multiple channels, Foreign Ministry spokesperson Lin Jian said on Tuesday, after public security authorities in Heilongjiang Province issued a wanted notice for three US National Security Agency (NSA)...more
GT: In March, the CPC launched a Party-wide education campaign to implement its central leadership's Eight-Rules decision on improving work conduct. The CPC released its Eight Rules late in 2012 to combat undesirable work practices. Why do you think the CPC still insists so firmly on emphasizing the...more
On Thursday, China's countermeasures against the US took effect. China's Ministry of Foreign Affairs, Ministry of Commerce, and other departments once again issued a series of statements reiterating China's firm stance that, while China does not want to fight these tariff and trade wars, it is not scared...more
In the face of the US bullying behavior by using tariffs as a weapon to exert "maximum pressure" on all trading partners, China has firmly upheld the rules-based multilateral trading system by taking countermeasures, demonstrating its commitment as a responsible major country in maintaining fairness and justice in...more
The US government, under the guise of "reciprocity," has announced tariff hikes on all its trade partners, including China, provoking widespread outrage in the international community. The Chinese government's position on opposing the US abuse of tariffs emphasizes that the US has used tariffs as a tool for...more
Days after the US President Donald Trump announced sweeping "reciprocal" tariffs, the policy has witnessed more differences among US political circles while the country also saw protests erupt in dozens of cities against a series of controversial policies taken by the US administration amid public's serious concerns over...more
In response to the US abuse of tariffs against all its trading partners, including China, under various pretexts, the Chinese government released its position on opposing US abuse of tariffs. The statement clearly said that "pressure and threats are not the right way to deal with China" and...more
Editor's Note: The book of Xi Jinping: The Governance of China includes a number of Chinese President Xi Jinping's governance ideas that involve improving Party conduct, such as "the issue of working style is in no sense a small one." Xi stressed that "if the Party has a...more
Editor's Note: The concept of "Hehe" in Chinese culture, with the first "He" embodying harmony, peace and balance and the second representing convergence, unity and cooperation, is central to both the individual and collective mind-set in China. Rooted in thousands of years of philosophy, the idea of "Hehe" serves...more
Rapid and dynamic changes have shaped the contemporary global landscape, many of which revolve around China's increasingly prominent role. As the world's second-largest economy and a leader in technological innovation, China attracts attention and sparks debates about its image and influence on the international stage. A recently published...more
The data released by China's National Bureau of Statistics (NBS) on January 17 shows that the country's gross domestic product (GDP) in 2024 reached a record 134.9084 trillion yuan (about $18.77 trillion), which was 5 percent higher than the previous year. The main goals and tasks of economic...more