Page 44 - Chen Xia News Today

US economist Stephen Roach recently pointed out that last year, the combined COVID-19 relief packages in the US hit a total of $5 trillion, or 24 percent of GDP in 2020. This far exceeds all records. On March 6, US Senate passed President Joe Biden’s $1.9 trillion COVID-19 relief bill. Will this destroy the world’s confidence in the dollar? After all, green note is the foundation of US hegemony.

The US is a sheer capitalist county where capital interests are at the center of the country’s value judgment. Many Americans can get a rescue relief of $1,400 from the $1.9 trillion stimulus plan, but they are not the ultimate goal of this measure. They are just used to facilitate the process of profit-making from capital. This will not change, whether before, during, or after the pandemic.

China has been on an equal footing with the rest of the world. The West is bound to face a more confident and dignified China in the world in the future. It is hoped that the West could adapt itself to facing a growing China, and won’t misjudge or deliberately twist China’s development intentions.

China-CEEC summit charts course for post-pandemic cooperation, signaling ties ‘won’t be affected’ by political changes in US Zhang Hui and Ma Jingjing Published: Feb 09, 2021 11:43 AM Participants attend the 5th China-Central and Eastern European Countries (CEEC) 17+1 High-level Tourism Forum in Riga, Latvia, on Oct. 23, 2019. (Photo by Edijs Palens/Xinhua) Tuesdays summit of China and Central and Eastern European Countries (CEECs), which was postponed due to the coronavirus pandemic, s...

CHINA / SOCIETY A unique but safe, warm Spring Festival By GT staff reporters Published: Feb 10, 2021 12:13 AM Updated: Feb 10, 2021 12:28 AM Beijings Shichahai is decorated to celebrate Chinese Lunar New Year in Beijing on Saturday. Photo: VCG  Editors Note: To the Chinese, the Spring Festival, or the lunar Chinese New Year, always means many things. But the 2020 Spring Festival did not go as Wuhan people had expected. On Chinese New Years eve last year, the city of 11 million people was...

Sales boom points to more relaxed, happier Chinese New Year Wang Cong Published: Feb 04, 2021 07:08 PM Residents shop for Chinese Lunar New Year decorations at a market in Hefei, east Chinas Anhui Province, Jan. 30, 2021. (Xinhua/Huang Bohan) Around this time last year, China was brought to a virtual standstill by the novel coronavirus, with widespread business shutdowns and millions of consumers trapped at home. This year, cascading wave of people rushing to local markets and online shopping...

A hospital in North China’s Inner Mongolia Autonomous Region reported on Thursday that its environment tested positive for COVID-19. The hospital immediately conducted closed management and started nucleic acid testing for the personnel on site and an epidemiological investigation. The test result for the environment of the People’s Hospital of the Ewenki Autonomous Banner in Hulun Buir came back positive for COVID-19 on Wednesday after two rounds of nucleic acid testing and a review by the...

CHINA / SOCIETY By Du Qiongfang Published: Dec 27, 2020 05:23 PM Two medical staffers at a designated plasma collection center of the Shanghai Public Health Clinical Center Photo: Chen Xia/GT Shanghai Public Health Clinical Center has set up Chinas first COVID-19 department with closed-loop management in a bid to normalize the management and treatment of infectious diseases and ensure the novel coronavirus outbreak is put under control quickly as new variants emerge.  As the citys designa...

Sichuan Airlines suspends UK flights but China yet to impose travel ban By Chen Shasha and Cui Fandi Source: Global Times Published: 2020/12/23 21:40:03 Overseas Chinese community responds calmly to new variant Photo taken on Dec. 21, 2020 shows Eurostar trains at empty St. Pancras International Station in London, Britain. Eurostar announced it was canceling trains between London, Brussels and Amsterdam from Dec. 21. (Photo by Tim Ireland/Xinhua) Speculation is rising that China may cancel...