Here at our CUSEF blog, we share news, updates and stories about China and the United States. We provide more than a cursory glimpse of what’s going on between the two powers - here, we offer an in-depth look into their current state of affairs.
China International Import Expo Spends Second Year In Shanghai
The world’s first import-themed national-level expo, the China International Import Expo (CIIE) is aimed at supporting trade liberalization and economic globalization, as well as opening the market to the world, helping countries around the world to strengthen economic and trade exchanges and world economic growth. Held annually in Shanghai autumn, it features exhibitions of multiple countries and businesses as well as the Hongqiao International Economic and Trade Forum. The Expo is co-hosted by the Ministry of Commerce of China and the Shanghai Municipal Government, and is partnered with the World Trade Organization, United Nations Conference on Trade and Development and United Nations Industrial Development Organization. Read More
Welcome to ‘Starfish’ Airport: Beijing’s newest Daxing International
Opening just in time for celebrations of the 70th anniversary of the People’s Republic of China, Beijing’s Daxing International Airport is the Chinese capital’s newest attraction. The second in Beijing, the 80 billion yuan (USD11 billion) mega-airport’s maiden flight featured commercial aircraft from China Southern Airlines and was flown by 25-year veteran pilot Zhang Tao. Initially, the airport will only host domestic flights (as both the customs and immigration sections are not yet operational) but by spring 2020, it aims to reach over 100 locations around the world, with multiple international carriers already announcing plans to shift flights to Daxing. Read More
The Rocky Road of October Trade Talks
A Chinese delegation, headed by Vice Premier Liu He, met with American representatives earlier this month in Washington, DC., led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. President Donald Trump struck an optimistic tone in a tweet on the second day of talks, “Good things are happening at China Trade Talk Meeting. Warmer feelings than in recent past, more like Old Days… All would like to see something significant happen!” After the president’s tweet, stocks traded higher at the market open the next day, as Wall Street grew more optimistic about the outcome of trade talks with China. A state-run Chinese newspaper said on Friday, October 11, that ‘a partial deal is a more feasible objective.’ Similarly, stocks in Asia went up that day. Read More
2020 Presidential Candidates on Trade: Where Do They Stand?
The trade war between China and the U.S. has seen many ebbs and flows, with the U.S. recently hitting China with new wave of tariffs. But where do the presidential candidates stand on trade? Despite condemning U.S. President Donald Trump’s tit-for-tat tariff policy with China for its adverse effects on farmers, consumers and businesses, the candidates have not painted a clear picture of what they would do instead. Several are even relatively sympathetic to this administration’s foreign policies, but none have declared that they would lift the tariffs immediately. Read More
The Hong Kong Special Administrative Region Celebrates 22nd Anniversary
Today, HKSAR Establishment Day is celebrated as an official holiday in Hong Kong. The day begins with a flag raising ceremony in Golden Bauhinia Square that is attended by government officials and dignitaries. The flag of the HKSAR features a red field with a white, five-petal, Bauhinia flower in the center designed by Hong Kong architect Tao Ho, who was inspired after picking up a Bauhinia flower while walking in a garden. This year over 300 various celebrations were held throughout the city highlighting this momentous occasion the Greater Bay Festival and the PLA (People’s Liberation Army) Garrison’s open day. Read More