Davos: Why the global elites couldn’t find answers this year?

davos

Last January, Donald Trump and Boris Johnson were not invited to Davos to present their populist, anti-systemic, anti-establishment, anti-globalization political platforms. Actually, their ‘ideology’ was exorcised from the Swiss Alps and instead, David Cameron was made the star of the three day 2016 meeting. The world’s super rich and powerful applauded his passionate speech about […]

“China will strive to enhance the performance of economic growth”, President Xi highlights from the World Economic Forum 2017 in Davos

President Xi Jinping at World Economic Forum 2017 in Davos. Copyright by World Economic Forum / Destination: Davos Klosters.

The first day of the World Economic Forum (WEF) began with the opening plenary with Xi Jinping yesterday, President of the People’s Republic of China, monopolizing the interest of the global economic status quo convening these days at the Swiss Alps. This was the first time ever a Chinese President accepts the Davos invite and naturally all the […]

Can the EU afford to block China’s business openings to Europe by denying her the ‘market economy status’?

EU/China Summit, 12-13/07/2016. Handshake between Xi Jinping, President of the People's Republic of China, on the right, and Jean-Claude Juncker President of the Eueopean Commission. Date: 12/07/2016. Location: Beijing, China - Diaoyutai State Guesthouse. © European Union , 2016 / Source: EC - Audiovisual Service / Photo: Olli Geibel.

The way Wallonia, Belgium’s French speaking region approved CETA – the comprehensive economic and trade agreement between the EU and Canada – is a rather dark landmark. In the future, Europe’s trade and otherwise relations with foreign countries will be rather shaky. This was also true in the past, but now became evident for everybody […]

EU continues targeting on Chinese steel imports instead of the revival of its own economy

Visit of Cecilia Malmström, Member of the EC, to Ukraine
Cecilia Malmström, Member of the EC in charge of Trade, travelled to Kiev. At this occasion, the Commissioner met with Taras Kutovyi, Ukrainian Minister for Agrarian Policy and Food, members of factions of the Ukrainian Parliament, Ukrainian Parliament (Verkhovna Rada) and with board members of European Business Association (EBA). Finally, she gave a joint press conference with Ivanna Klympush-Tsintsadze, Ukrainian Vice-Prime Minister for European and Euro-Atlantic Integration, after a meeting.
Date: 30/09/2016. Location: Kiev. © European Union  , 2016. Source: EC - Audiovisual Service. Photo: Genya Savilov

It was last Friday when the European Commission (EC) decided to impose temporary anti-dumping duties on imports of two steel products from China. Particularly, the duties concern hot-rolled flat steel and heavy plates of steel with EC’s investigations to show that Chinese products had been sold at extremely dumped prices. The Commission focuses on finding unfair […]

Are the G20 leaders ready to curb corporate tax-avoidance?

G20 Summit in Hangzhou, China. Group photo, from left to right,
in the 1st row: Michel Temer, President of Brazil, Joko Widodo, President of Indonesia, Enrique Peña Nieto, President of Mexico, Jacob Zuma, President of South Africa, Barack Obama, President of the United States, Angela Merkel, German Federal Chancellor, Xi Jinping, President of the People's Republic of China, Recep Tayyip Erdoğan, President of Turkey, Vladimir Putin, President of Russia, François Hollande, President of the French Republic, Park Geun-hye, President of South Korea, Mauricio Macri, President of Argentina, and Narendra Modi, Indian Prime Minister,
in the 2nd row: Mohammed bin Salman, Vice-Prince of Saudi Arabia and Saudi Arabian second Deputy Prime Minister, Theresa May, British Prime Minister, Malcolm Turnbull, Australian Prime Minister, Matteo Renzi, Italian Prime Minister, Bounnhang Vorachith, President of Laos, Noursoultan Nazarbaïev, President of Kazakhstan, Idriss Déby, President of the African Union and President of Chad, Macky Sall, President of Senegal, Abdelfatah Khalil al-Sisi, President of Egypt, Shinzō Abe, Japanese Prime Minister, Justin Trudeau, Canadian Prime Minister, Donald Tusk and Jean-Claude Juncker,
in the 3rd row: Mark Carney, Chairman of the Financial Stability Board, Roberto Azevêdo, Director-General of the World Trade Organization (WTO), Christine Lagarde, Managing Director of the International Monetary Fund (IMF), Prayut Chan-o-cha, Thai Prime Minister, Lee Hsien Loong, Singaporean Prime Minister, Mariano Rajoy Brey, Spanish Prime Minister, Ban Ki-moon, Secretary General of the United Nations, Jim Yong Kim, President of the World Bank, Guy Ryder, Director-General of the International Labour Organization (ILO), and Angel Gurría, Secretary General of the Organisation for Economic Co-operation and Development (OECD). (Date: 04/09/2016. Location: Hangzhou. © European Union, 2016 / Source: EC - Audiovisual Service/ Photo: Etienne Ansotte).

Last Monday, the G20 meeting in Hangzhou – the capital of China’s eastern Zhejiang province – the first gathering of the 20 world leaders to be held in the vast country, was not marked by the determination to face up to economic misery and the pitiless wars in Syria, Libya, South Soudan, Yemen, Mali and […]

The South China Sea Arbitration: Illegal, Illegitimate and Invalid

Ambassador Yang Yanyi Chinese Mission to EU

This article was written for the European Sting by HE Ambassador Yang Yanyi of the Chinese Mission to EU in Brussels. If I have to choose three words to reflect my views of the award of arbitration over the South China Sea disputes unilaterally filed by the Philippines against China, it would be illegal, illegitimate and invalid. […]

An expert in the South China Sea issue on an exclusive interview at the European Sting

Mrs Mrs Yan Yan, Deputy Director of the Research Center of Oceans Law and Policy in the National Institute for the South China Sea Studies (NISCSS)

Last Wednesday the European Sting took an interview in Brussels from an expert on the South China Sea. Our interviewee this time was Mrs Yan Yan, Deputy Director of the Research Center of Oceans Law and Policy in the National Institute for the South China Sea Studies (NISCSS) and a PhD candidate in the University of Hong Kong on public international law. The stimulating interview is presented below. The Sting’s questions are […]

A Sting Exclusive: “Doing ourselves a favour”, Vice President Dombrovskis underscores that this time growth has to come from within the EU

Valdis Dombrovski, Vice-President of the EC in charge of the Euro and Social Dialogue poses for a portrait for Latvian magazine IR (VP interview of the year)

This article was exclusively written for the European Sting by Mr Valdis Dombrovskis, Vice-President of the European Commission responsible for Euro and Social Dialogue. Last month, the European Commission presented the spring economic package related to the European Semester. It included the annual country-specific policy recommendations to individual member states and the Commission’s latest assessment […]

Some Prevailing Arguments and Perceptions over the South China Sea Issue Are Simply Wrong

HE Mrs Yang Yanyi is the Ambassador of the Chinese Mission to EU

This article was written for the Sting by HE Ambassador Yang Yanyi of the Chinese Mission to EU For some time now, the South China Sea issue has attracted much attention and media coverage. Some accused China of changing the status quo in the South China Sea by taking unilateral actions that caused tensions in […]

The EU risks trade relations with China over the Tata hype about steel

Visit by Jean-Claude Juncker, President of the EC, to Strasbourg, where he visits the Council of Europe. © European Union , 2016   /  Source: EC - Audiovisual Service

  It is indisputable that we are running a very important period regarding the trade relations between China and the EU. On the one hand, it is only today that the Commission’s online public consultation on future measures to prevent dumped imports from China is closing; a consultation which had earlier opened on 10 February. The EU is conducting […]