As April 29 will mark the completion of the first hundred days of Donald Trump's presidency, the US president is far from being able to implement his favored policies like a travel ban and Obamacare repeal.
As how to effectively tackle economic risks has always been a major global issue, it has become one of the main tasks for the international community to further optimize the current international monetary system so as to upgrade its risk-resistance ability. Special Drawing Rights (SDR), as a unit of account, financial instruments and official reserves, can play a significant role in this context, according to Yi Gang, deputy governor of the People's Bank of China (PBOC).
The possibility of the US starting a trade war with China is drastically reduced after the meeting between US President Donald Trump and Chinese President Xi Jinping, according to a US expert.
The first meeting between Chinese President Xi Jinping and US President Donald Trump made a breakthrough and created a new opportunity for the two great powers to develop their bilateral relationship, according to an expert.
Trade issues would be the two-day summit’s front and center, David Dollar told Sino-US.com recently, while suggesting the US government to exert pressure on saving ratio instead of exchange rate issues, and focus on American companies’ market access in China.
The first meeting between US President Donald Trump and Chinese President Xi Jinping at the Mar-a-Largo retreat brings an opportunity for the two world leaders to know each other better and to discuss various thorny issues that concern the world's most important bilateral relationship, according to an expert.
US companies do not want a trade war between the US and China, while they are reluctant to see China continuing to carry out protectionist trade policies, according to an expert.
The much-anticipated meeting between Chinese President Xi Jinping and US President Donald Trump, which will be held this week, will assure Beijing of Washington's recognition of the "one China" principle, according to a Chinese expert.
Ahead of a meeting with Chinese President Xi Jinping, US President Donald Trump has warned China the US is ready to tackle North Korea by itself, causing concerns over an impending military action against the Kim Jong-un regime. But an esteemed South Korean national security expert believes Trump is not likely to use the military option against North Korea unilaterally and without South Korean support.
For the coming Xi-Trump meeting, the highest expectation of the United States is for China to bring the “gift” of pressuring the Kim Jong-un regime, while China would especially hope Trump to recognize the “One China” policy, Michael Green said in a recent interview with Sino-US.com. Michael Green formerly served on the staff of the National Security Council and then as special assistant to the president for national security affairs and senior director for Asia.