Removal of institutional barriers, more transparency in domestic rules and a free flow of goods and services and factors of production will allow China to develop its gigantic market to its maximum potential.

As the United States repeatedly weighs in to block reasonable reforms and interfere with long-standing, consensus-based processes, China is on another track. It knows that reforms are needed and is working constructively to realize them.

The People’s Bank of China is pressing forward with a digital yuan, which leaves China’s digital currency plans significantly ahead of western nations’. While the U.S dollar has dominated global trade since WWII, the yuan, whether digital or analog, will have a leading role in challenging the hegemony of the dollar.

Just as China led the world in economic recovery in the aftermath of the global financial crisis of 2008, it is playing a similar role today. Its post-COVID rebound is gathering momentum amid a developed world that remains on shaky ground. Unfortunately, this is a bitter pill for many to swallow – especially in the United States, where demonization of China has reached epic proportions.

Interwoven interests with the United States are a Gordian knot that cannot be cut without doing serious harm. Alarm bells are ringing in Washington.

This round will have special significance for the nation’s development and the world. China will achieve socialist modernization by 2035 while becoming an increasingly important part of a diverse global landscape.

China aims to boost per capita GDP to the level of moderately developed nations by 2035.

A DC-based think tank argues that the Chinese government influences Serbia through investment. However, instead of evolving into a ‘client state,’ perhaps Serbia just shares balanced interests with Beijing.

Donald Trump recently hosted a diplomatic summit between leaders from Serbia and Kosovo, touting a diplomatic achievement in a historically tense region. Upon closer examination, the proposed deal may have been a facade for plays involving China and Israel.

Decoupling serves neither China nor the United States. Instead, it would impose grave economic costs on both countries at best and threatens a calamitous military clash at worst.