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Wang Huiyao

Wang Huiyao

Wang Huiyao is the founder of the Centre for China and Globalisation, a Beijing-based non-governmental think tank.
Wang Huiyao is the founder of the Centre for China and Globalisation, a Beijing-based non-governmental think tank.
Languages Spoken:
English

Opinion | Key lessons from China’s ascent over the past 25 years

The country’s rise was shaped less by a single turning point than by its commitment to long-term planning, meritocracy and global engagement.

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Going global not only defuses the perils of protectionism, it also allows Chinese firms to bring jobs and economic benefits to the world.

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What seems clear from Munich Security Conference talk is an evolution towards a pluralistic world order. We need an effective governance framework.

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By fostering innovation and open markets – particularly in the automotive sector – China and the EU can show how major powers can work together despite differences.

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China can take a lesson from 1980s Japan, which defused bilateral frictions by strategically pivoting towards direct investment in US manufacturing.

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The new US president is likely to negotiate a second-phase trade deal, seek China’s help to end wars, and keep the Taiwan status quo.

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In championing economic inclusivity and strategic autonomy, pioneering financial innovation and promoting peace, Brics is a force for good.

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China’s economic influence, diplomatic connections and commitment to multilateral solutions makes it a potentially transformative force for peace.

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From the easing of visas to a more international curriculum, China’s universities and wider society can do more to make US students feel at home.

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Recent high-level talks between China and the US on climate change and ongoing wars highlight the potential for successful collaboration. The current moment calls for even more bilateral coordination on the environment, peacekeeping, AI governance and reforming multilateral institutions.

The narrative around Chinese overcapacity sounds similar to that during the global financial crisis when, as a result of its massive stimulus package, China became the world’s largest exporter amid weak demand. Today, China’s green capacity should be viewed within the broader framework of climate change cooperation.

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Related Topics
Climate changeChina economyUS-China relationsTaiwanChina-India relationsChina societyBelt and Road InitiativeSingaporeDiplomacyUS-China trade war