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Higher inflation and lower growth. That's the outlook from the IMF's sobering World Economic Outlook for 2025. The report forecasts half a percentage point lower global growth for 2025, compared to January estimates, before Donald Trump returned to the White House. This is the clearest indication to date of the damage his tariff gambit is having on the global economy. In response to reports of the U.S. using tariff relief to coerce countries into distancing themselves from China, the Ministry of Commerce has warned that China will take resolute countermeasures against countries that choose to do so. How to reverse the damage to the global economy before it's too late? Who should make the first move to de-escalate the tariff standoff between the world's two largest economies?
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On this special edition of The Point, we are taken back to a pivotal moment in global diplomacy: October 25, 1971, when the United Nations passed Resolution 2758, recognizing the People's Republic of China as the sole lawful representative of China at the UN. Joining us today is a unique eyewitness to history: Charles Liu, founder and chairman of HAO Capital, and founding director of the Center for China and the World at the City University of Macao. Born in Taiwan, he stood at the UN headquarters as the resolution passed. Hear his reflections on that defining day and his response to those now questioning its legacy.
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President Xi Jinping is in Malaysia now, as part of his state visits to Southeast Asian countries, including Vietnam and Cambodia. On the trip, China looks to strengthen economic ties, boost connectivity and deepen regional cooperation and integration. How does China's neighborhood diplomacy align with the concept of building a community of shared future with neighboring countries? What steps are China and ASEAN countries taking to defend the global multilateral trading order, especially given Washington's recent tariff blitz?
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In response to earlier U.S. tariffs announced last week, China retaliated with its own set of measures, including reciprocal tariffs, rare earth export controls, and market stability actions. China has also deployed its economic heavyweights - the central bank, sovereign wealth funds, and financial regulators - into the fray. What other tools does China have up its sleeve? How will China respond to Trump's latest tariff escalation? What chances are there now of a negotiated settlement?
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A beautiful thing to behold? This is how U.S. President Donald Trump described the long-term effects of his tariffs after trillions of dollars were wiped off global stock markets. Asian markets saw steep drops this morning as exchanges reopened for the first time since Trump's latest tariff gambit. China swiftly hit back on Friday with strong and expansive countermeasures, including additional tariffs of 34 percent on all U.S. imports starting on April 10th. How will Trump's tariffs impact the average Americans? Can these tariffs really make America great again in the long run?
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"Strait Thunder-2025A", that's the code name of the ongoing military exercises conducted by the Chinese People's Liberation Army in the middle and southern areas of the Taiwan Strait. The PLA Eastern Theater Command made the announcement hours ago on Wednesday, a day after launching joint military exercises around the island on Tuesday. China's State Council Taiwan Affairs Office said on Tuesday that the drills are a resolute punishment for Lai Ching-te authorities' blatant "Taiwan independence" provocations. What triggered the latest reactions from Beijing? What has Lai Ching-te said or done since he took office last May? How will the drills impact the situation across the Strait?
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The annual Boao Forum for Asia kicked off on Tuesday under the theme "Asia in the Changing World: Towards a Shared Future." The forum brings together 2,000 representatives from some 60 countries and regions, including leaders from Russia, Indonesia, Laos, Bangladesh, and Kazakstan along with around 120 ministerial-level officials, and leaders from 30 international organizations. Delegates will spend three days discussing strategies for navigating global challenges and fostering regional cooperation. What's on the agenda of this year's meeting? What uncertainties is the world facing? What can we expect from Asia, the world's most economically dynamic region?
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Tariffs and Ukraine. U.S. President Donald Trump is set to implement his latest wave of tariffs, or reciprocal tariffs, on the world. And his administration has been holding talks with Russia and Ukraine respectively in Saudi Arabia. What will be the implications of these developments for the world, especially for the Global South? Our guest today is Vijay Prashad, director of Tricontinental Institute for Social Research.
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A 30-day halt to strikes on energy facilities by Russia and Ukraine. That appears to be the outcome of a lengthy phone call between U.S. President Donald Trump and Russian President Vladimir Putin on March 18th. According to statements from the White House and the Kremlin, both sides agreed this conflict needs to end with a lasting peace. How significant was this phone call? Why is a truce so difficult to achieve? And what is China's take on this development?
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Hainan, China's southernmost province, has a population of over 10 million and spans 35,400 square kilometers. Once a remote and underdeveloped island, it has been transformed into a rising hub for international trade and investment. A key part of this transformation is the Hainan Free Trade Port, which has garnered global attention and has been highlighted in China's Government Work Report for seven consecutive years. By the end of 2025, Hainan plans to establish independent customs operations, a significant milestone in its development. What are these operations? How will they impact Hainan, the world, and maybe even you? What makes this beautiful island so uniquely attractive?
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China's annual "Two Sessions," the biggest event on the country's political calendar, are currently underway. The term "new quality productive forces", introduced by President Xi Jinping in September 2023, is again in the spotlight. What are the new quality productive forces? As technology rapidly advances and the international landscape remains fraught with uncertainties, how will China chart its course towards modernization?
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Around 5%, that's the growth target China has set for 2025, the same as last year. This was announced by Chinese Premier Li Qiang in his government work report, presented to the annual gathering of China's top legislators for deliberations. The report reviewed the government's work last year, outlined economic and social priorities, policy directions for the year ahead and actions to be taken. Why is China so confident about achieving similar levels of growth as last year? How does China plan to achieve these targets?
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The "Two Sessions", considered the most important event on China's political calendar, is coming up. Delegates from across China are gearing-up to attend the annual meetings of China's top legislature, the National People's Congress, and the top political advisory body, the National Committee of Chinese People's Political Consultative Conference. Ethnic unity is always high on the agenda during the "Two Sessions". To understand how ethnic unity is promoted on the ground, CGTN host Liu Xin traveled to Northwest China's Xinjiang Uygur Autonomous Region, to a city called Shihezi, where its administration has been put under U.S. sanctions for the past four and a half years.
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Has China lost its allure to foreign investors? That's the picture painted by mainstream Western media reports this week. But do the numbers support this take? For instance, inbound investment in January dropped by 13% year-on-year, but jumped almost 30% from the previous month. The number of foreign companies registered in China also rose by 10% last year. What's behind these numbers? What's China doing to further boost foreign investment?
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The movie Ne Zha 2 debuted in China at the end of January during the Spring Festival holiday, and quickly shattered box office records at home and abroad. Within three weeks, it had grossed nearly 13 billion yuan, or 1.8 billion US dollars, making it the world's best-selling animated film in history. It's also the only non-Hollywood film to join the all-time global box office top ten. What has made this movie such a success? Could this be a turning point for China's cultural appeal globally?
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U.S. President Donald Trump declared that the arrival of DeepSeek AI should serve as a wake-up call for U.S. industries, urging the country to focus intensely on staying competitive. Is China engaged in an AI-led tech race against the U.S.? What are Trump's AI policies, and how do they differ from those of his predecessor? How can we prevent the polarization of the digital world?
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Can the peoples of China and the United States increase exchanges against headwinds? There has been positive momentum over the past couple of years, but can it be sustained under President Trump? Why should Americans, who are now gripped by domestic divisions and uncertainties, care about getting to know their Chinese counterparts?
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How do people in China's Taiwan region celebrate the Spring Festival? What customs do people across the Strait share? What are some of the differences? How has popular culture from both sides influenced each other over the past decades?
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How do people in China's Taiwan region celebrate the Spring Festival? What customs do people across the Strait share? What are some of the differences? How has popular culture from both sides influenced each other over the past decades?
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Since taking office on January 20th, Trump has adopted a rather nuanced stance on China tariffs, a contrast to his hardline trade policy during his first presidency. However, the end of the honeymoon period still looms, as the "Tariff Man" campaigned on levying high tariffs on all Chinese exports to the U.S.. Can the two sides find ways to establish a mutually beneficial trade relationship? Why has trade been resilient despite Trump's tariffs that were kept in place by Biden? Can new and bigger tariffs really make America great again?
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