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One of the goals of Pompeo’s visit is to rebuild the political

relationship between the US and Central and Eastern Europe. The US will also launch a Future Leaders Ex

change Program, providing one-year academic scholarships for Hungarian high school students to study in the US.

There are many aspects to US strategic return to Central and Eastern Europe. First, the US can

enhance energy cooperation with the region. The regional countries would prefer not to become overly dependent on Russia.

The US has already voiced strong opposition to the energy cooperation between Germany and Russia via the Nord Stream 2 project.

Given that the US is set to become a net energy exporting country in 2020, it could become a major source of energy for Central and Eastern European countries.

Second, the US will strengthen political cooperation with Central and Eastern European countries.

The region has undertaken multifaceted diplomacy, hoping to win more policy initiatives in tod

ay’s volatile geopolitical dynamic. As they receive less political and economic promises from the EU, they are turning to e

xternal powers such as China and Russia. The US wants to get back in as quickly as possible to make up for its absence.

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ina’s monetary policy to sail out of the ‘reefs’ and into

The year 2018 saw China’s monetary policy carefully sail through the “reefs,” as economic slowd

own and surging exchange rate risk left little room for adjustment. However, since the be

ginning of this year, major internal and external changes have broken the dilemma.

From the internal perspective, in January 2019, the “loose credit s

upply” saw improvement in terms of both volume and structure, barriers to implem

enting monetary policy removed, which is expected to guide the Chinese economy to stabilize in the first quarter.

First of all, China’s outstanding broad money supply, or M2, grew 8.4 percent year-on-year in January, while new yuan loans and social fina

ncing both soared to historic monthly highs at 3.23 trillion yuan ($478 billion) and 4.64 trillion yu

an, respectively. The figures showed that “loose fiscal policy” has had a positive effect on credit supply to the pri

vate sector, thus pushing up the growth rate for total social financing. It is expected that in the first quarter of 2019, wi

th the gradual implementation of “loose fiscal policy,” the volume of “loose credit supply” will remain at a high level.

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Although the idea of Huawei engaging in espionage is te

ically possible, it does not make any sense from a commercial or political point of view.

Such a practice would be tantamount to suicide for a high-tech giant. If the Chinese governme

nt forced Huawei to do this, it would be stifling the country’s emerging industries. But intelligence can

not be mentioned in the same breath as Huawei’s contribution to China’s industrial prosperity and national interests.

Hyping the alleged Huawei threat has violated the basic spirit of seeking truth from facts. The West is prioritizing ide

ology and considering excluding China as political correctness. Many people in Europe are aware of the lies, but

still beating the drum for a certain value orientation rather than conducting an objective analysis.

The world is changing, and if Europe keeps prioritizing ideology and political correctness in dealing with every new situation, that would be dangerous.

What Europe needs is not only the ability to distinguish between right and wrong, but also the co

urage to make its own independent choices. Europe’s cooperation with Huawei on construction of a 4G

network is already an established fact, but it seems now that beneficial collaboration has become one of the biggest risks.

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There is a twin motivation behind his presence in the regio

one hand, Modi wanted to push forward the Citizenship (Amendment) Bill in South Tibet where it may help New Delhi assimilate local

population and convert it demographically into a more “Indianized” one; on the other, Modi sought to pacify irritated and alienated local comm

unities by introducing more developmental projects and pro-growth schemes. In addition, by sending out a strong signal that China’s fierce protests woul

d not deter him from visiting the frontier region, Modi also sought to appeal to nationalistic voters before the election.

Following the passing of the Citizenship (Amendment) Bill in the Lok Sabha on January 8, South T

ibet had been hit by waves of protests across the region. A large number of Hindu immigrants from Bangladesh have been sent into South Tib

et since the 1950s, but have no citizenship. However, if the Bill is enacted, these refugees would likely get Indi

an citizenship, which poses a threat to the local community as their swelling population in the long run may well crowd out and eat up the indigenous pop

ulation. For example, Hajong people – a Hindu group originally residing in former East Pakistan (now Bangladesh) which fled to India  due to religious persecu

tion – have been migrating to South Tibet since the 1960s, but their presence since then has been a constant source of conflicts.

It was against this backdrop that Modi trod on the soil of South Tibet. Signaling that his governm

ent gives a lot of importance to the region which has been neglected by previous governments, Modi sought to

pacify annoyed locals by giving them a long list of gifts. The Indian prime minister laid the foundation stone of several developme

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Japan aims to expand political clout by creating global military

In April and July, Japan signed the Acquisition and Cross-Servicing Agreement (ACSA), a m

ilitary logistics pact, with Canada and France respectively. The Japanese government will tr

y to get it approved by the National Diet this year. Canada and France are also advancing domestic procedures for its approval.

The agreement will enable the provision of food, fuel and military supplies between Japan’s Self-Defense Forces (SDF) and Fren

ch and Canadian armies. Japan has also inked ACSAs with the US, the UK, Australia and India. Why did Japan sign such an agreement?

After WWII, especially in the late 1960s when Japan became an economic powerhouse, it was no longer satisfied with its status as a military microstate.

In the mid-1980s, Japan accelerated the pace to push its SDF onto the world stage with the aim of becoming a major political power.

In 1996, Japan signed the ACSA with the US, followed by one with Aus

tralia in 2010. After the new security law took effect on March 29, 2016, Ja

pan amended the two ACSAs, which enabled more flexible provision of ammunition in wartime between the signatories.

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ooperation will bring benefits to the two countries while

conflicts will injure both sides, he added.Xi called China-US ties one of the world’s most important

bilateral relationships, and the two countries have wide common interests a

nd shoulder important responsibilities in safeguarding world peace and promoting global prosperity.

Maintaining the healthy and stable development of the China-US relationship is in line with the fundamen

tal interests of the people of both countries, and it is also the common wish of the international community, Xi said.

Xi mentioned his latest meeting with US President Donald Trump on the sidelines of the G20 Leaders

Summit in Argentina in December, saying that the two leaders reached important consensuses.

The two countries should promote building stable, cooperative and coordinative Chi

na-US relations, Xi said. The two sides should enhance communication, focus on cooperation a

nd handle disputes to promote economic and trade cooperation, Xi added.

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Xi called China-US ties one of the world’s most importa

nt bilateral relationships, and the two countries have wide common interests and shoulder im

portant responsibilities in safeguarding world peace and promoting global prosperity.

Maintaining the healthy and stable development of the China-US relationship is in line with the fundamen

tal interests of the people of both countries, and it is also the common wish of the international community, Xi said.

Xi mentioned his latest meeting with US President Donald Trump on the sidelines of the G20 Lead

ers Summit in Argentina in December, saying that the two leaders reached important consensuses.

The two countries should promote building stable, cooperative and coordinative China-US relations, Xi said. The two sides s

hould enhance communication, focus on cooperation and handle disputes to promote economic and trade cooperation, Xi added.

The US team expressed the willingness to make joint efforts with the Chinese team to strive for the conclusion of a deal that meets the interests of both sides.

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We bring the best wishes of President Trump. He’s aske

ed us to state that he also places great importance on his personal relationship with you,” Lighthizer said.

“We have had two very good days of negotiations. We feel that we have made headway on some very

, very important and very difficult issues,” he said. “We have additional work we have to do but we are hopeful.”

Xi asked Lighthizer and Mnuchin to extend his sincere greetings to President Trump, saying that he cherishes their good wor

king relationship and would like to keep in contact with him.
Cooperation based on fully respecting mutual interests is the best way for the two c

ountries to renew their trade and economic relations with a deal that is in line with the interests of both countries. If that has been the shared und

erstanding during this week’s talks, and it is carried forward in the negotiations in Washington next week, hopef

ully the two sides will be able to narrow the differences between them sufficiently so that the two leaders can pe

ncil in a date for a meeting at which they can shake hands on a deal that sets the right course for future relations.

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Zhai, 32, is also a postdoctoral candidate at Peking Univ

versity. He found himself in hot water last week on social media after a netizen accused him of plagiarism.

The academy launched its own investigation on Mon

day. It completed its preliminary collection of evidence and notified Zhai, adding it has zero tolerance f

or academic misconduct and will look into other matters uncovered by netizens.

In a public apology posted on Sina Weibo on Thursday, Zhai said, “I lost myself amid a mentality of vanity and good luck.”

“After I starred in a few films and TV series, I became full of myself and forgot honesty is the most important principle,” Zhai said.

“Vanity misled me, and I brought this attitude into writing academic papers. I will withdraw from postdoctoral res

earch at Peking University and I am deeply sorry to my school, teachers, fans and the public,” he wrote.

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Forward-looking measures have already been taken

 by the Chinese monetary authority, earlier than other major central banks, based on the evaluation on macroeconomic conditions and the exter

nal environment. Policy fine-tuning will send positive signals to the market and support financial resilience, Zhang said.

This year, the remarkable change in tone from the world’s major central banks is shifting into a monet

ary easing cycle, and policies from the Chinese central bank are headed in the same direction, Zhang added.

A recent research note from Goldman Sachs forecast China’s credit growth to rise in January as commercial banks may be “si

gnificantly more aggressive than before” with encouragement from the easing policy. With the PBOC scheduled to

release more data this week, the trend may be reflected in faster growth of new yuan loans and the broad money supply.

Amid a good fall of snow, which Chinese traditionally believe promises a year of harvest and

prosperity, Chinese and United States top officials started two days of talks in Beijing on Thursday.

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