RUC Vice President WU Xiaoqiu and delegation go to America to talk with think thanks and research China-U.S. hot topics
(2017-04-13 12:04:29)
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On April 1st, RUC Vice President Professor WU Xiaoqiu headed a research group to Washington and Denver’s several think-tank research centers, with plans to engage in dialogue with over 50 famous think-tank experts and discuss in depth the Xi-Trump Summit, China’s One Belt, One Road Initiative and other China-U.S. hot topics. Three days before the Xi-Trump Summit, research group investigated and surveyed the Trump administration its new thoughts on policies toward China. They also introduced China’s current policies and valuable ideas. RUC Vice President of the School of Finance, ZHAO Xijun, and Chongyang Finance Executive Director WANG Wen participated in the research.

Brookings Institution senior fellow, Director of John L. Thornton China Center, and World Bank Country Director for Mongolia and China David Dollar, Executive Director of the China Law Center at Yale University Jason Horsley and other researchers informally discussed these hot issues. They engaged in dialogue on the strategic significance of “learning”, the key point of China-U.S. economic and trade relations, the United States’ take on China’s One Belt, One Road Initiative and the investment bank’s position on such issues. At the same time, in the United States, the status quo of the research group is focused on China’s reform and opening up, mainly dealing with strategies that are mutually beneficial for the U.S. and China.

After, the investigating group came to the Wilson Center, and met with Founding Director of the Institute of China-U.S. relations, and U.S. ambassador Stapleton Roy, Kissinger China-U.S. Relations Graduate School Director Robert Daly, Georgia State University political science professor Andrew Wedeman and other researchers. Both sides discussed President Trump and President XI as compared with previous heads of state of China and the United States, and the attitude of the Chinese government when President Trump took office. They also discussed prospects of internationalization of the renminbi, and the need for the United States to understand China in its process of structural reform efforts, how to keep balance of financial experts on China’s One Belt, One Road Initiative, and the future potential of cooperation of China and the United States.

On April 3, the research group met for talks with Peterson Institute for International Economics (PIIE), and senior researchers Nicholas Lardy, Edwin Truman, and Gary Hufbauer. Both sides discussed China’s One Belt, One Road Initiative financing problems, the bilateral trade imbalance, President Trump’s construction plan and the possibility of liberalization of Chinese capital, China-U.S. leadership at the world economy and global governance structure adjustment. Investigators believe that the road of China’s reform and opening will not to be shaken, and China’s finance will continue to open up. America’s open investment market will help China-U.S. cooperation, and help more Chinese capital enter the United States for mutual benefit and solve the problem of trade balance.

On the same day, investigators also visited the U.S. Congressional Research Service (CRS), and famous American economist and researcher, Asian trade and finance expert Wayne Morrison. Morrison believes that “the United States should learn the Chinese spirit of diligence and innovation”. The two sides discussed the direction of China’s reform of marketization and the difficulty, the root cause of the Sino-U.S. trade imbalance, the future of American manufacturing and trade, arguing proposed misunderstandings of President Trump’s economy and trade, and how to achieve a greater degree of trade liberalization and fairer way to achieve global economic order.

On April 4, Paul H. Nitze School of Advanced International Studies (SAIS) at Johns Hopkins University, and Director of China research projects, and “China expert” David Lampton, Deputy Director of China research projects, Executive Director of Foreign Policy Research Institute, Carla Freeman, and other scholars informally discussed U.S.-Sino topics. American scholars believed that under the present Trump administration, it will be impossible to reduce the trade deficit policy. The two sides discussed at length how to achieve the equilibrium of China-U.S. economy and trade, promote China’s One Belt, One Road Initiative to become the impetus for the world’s new economic growth, and provide a more open investment market.

In Washington, the research group and traditional funding, the U.S. National Defense and and RUC Washington School representative had an informal discussion.

On April 5, Professor WU Xiaoqiu and Professor ZHAO Xijun, Dean WANG Wen of University of Denver spoke with an audience on the topic of “China-U.S. relations and global governance”. Japanese Consul-General Hiroto Hirakoba and guests also attended the lecture.

Professor WU Xiaoqiu cut in, emphasizing that China’s One Belt, One Road Initiative and Asian investment banks are an effective supplements to the current global financial order. Professor ZHAO Xijun, based on data, put forward the China-U.S. trade needs the joint efforts of both sides; Professor WANG Wen said that what influences American jobs is industrial automation not China. Further, China will be a powerful force in helping the U.S. externally.

Also on April 5, “Global Governance and U.S.-Sino Relations: 2017 U.S.-Sino Think-Tank Dialogue” was held at the University of Denver. Former Assistant Secretary of State, Head of the U.S. delegation of the Six-party Talks on the North Korean nuclear issue, Dean of the Josef Korbel School of International Relations at the University of Denver Christopher Hill, Vice Dean Frank Laird, and Director of the Center for China-US Cooperation (CCUSC) Prof. ZHAO Suisheng attended the symposium. Scholars from the University of Colorado in Denver and branch schools, as well as World Affairs Council participated in the dialogue.

Both sides thoroughly discussed the Xi-Trump Summit, China-U.S. relations, international economics and finance order adjustment, China’s One Belt, One Road Initiative, North Korea nuclear weapons issue, and climate change. The research group discussed global inaccuracy in the future, and believed that U.S. and China need to strengthen their cooperation, especially in the field of finance, in order to find a new future path. Ambassador Hill also explained from the U.S. perspective that it is vital for both sides US and China to resolve the North Korea nuclear issue.

In Denver, Josef Korbel University of International Relations raised the national flag of the P.R.C. to welcome the RUC research group. The research group also met with Former U.S. Army Chief of Staff and the U.S. ambassador to Iraq Former Commander in Chief.

The research group’s visit and U.S. think-tank talks were covered by People.cn, China.com.cn, Guancha.cn, and other online media, who following the visits published in-depth reports and results of the research investigation.

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