“Global cities” serve as critical nodes within the international economy. As China has rapidly developed in recent decades, historically prominent Chinese cities such as Beijing and Shanghai have grown in international influence, and new global cities like Shenzhen have emerged as key players in global commerce.
The challenges and opportunities presented by China’s rise are hotly contested. China Power will host its fifth annual conference as a series of five live debates, featuring leading experts from both China and the U.S. to debate core issues underpinning the development of Chinese power.
Successfully managing the threat of pandemics and epidemics requires advanced capabilities and robust resources. Decades of economic development have enhanced China’s ability to defend against infectious diseases, but the outbreak of COVID-19 laid bare critical health security weaknesses.
There are nearly as many currencies in use around the world as there are countries, but only a handful of currencies are widely used outside of their home economies. While China has found some initial success at internationalizing the renminbi, it faces an uphill battle in shaking up the global currency hierarchy.
The world economy is shaped not just by states, but also by an assortment of influential companies that act as critical elements of national economic power. In conjunction with China’s emergence as an economic superpower, Chinese companies have climbed the ranks to be among the largest in the world.
China’s accession to the World Trade Organization was heralded by the international community as a victory for free trade and economic liberalization. While China has been one of the organization’s most active members, Beijing has not instituted deep, systemic reforms and its compliance with WTO rulings has been mixed.
Chinese movies earn billions of dollars annually, but it is domestic sales that overwhelmingly drive the success of the industry. It remains to be seen if China can attract foreign audiences to its films. Learn more with this ChinaPower exclusive.
ChinaPower hosted its third annual conference on November 29, 2018. The conference featured Senator Edward J. Markey and Admiral Philip S. Davidson as the keynote speakers.