As the novel coronavirus continues to spread globally, the question around "how the pandemic will shape the world" has received much attention. As UN Secretary General Antonio Guterres said, this is the greatest test for humanity since WWII. So far, the disease has represented an overwhelming public health challenge, likely to trigger an economic recession and social unrest – all of which constitute a complicated crisis which has far-reaching implications for the world order.
What can China offer to the world as more countries plan to ease restrictions and lift city lockdowns? Collective will of sticking to prevention and control measures in fending off risks of a resurgence of infections, close monitoring and tracking of suspected patients and close contacts with the help of high tech and massive testing are major experiences that China - the first country to suffer a severe impact from the outbreak of the COVID-19 and the first to emerge from the crisis - applied to strike a balance between saving their economy and not triggering a second outbreak. However, some observers don't believe the West could do the same.
A patchwork of approaches adopted by governments across the world in the fight against the coronavirus have led to differing results, proving that isolating and quarreling are pointless and harmful in the face of a global crisis, and only through cooperation can we defeat our invisible enemy. The Belt and Road Initiative (BRI) is a global cooperation mechanism that has proven capable of saving lives from the deadly virus and bringing more opportunities for the world's economic recovery.
It's unthinkable that US media outlets would call their own country a "failed state." The term was once used to describe US adversaries such as Iran and Iraq.
There is no doubt that the current, unprecedented global economic slowdown caused by the novel coronavirus pandemic requires unprecedented measures of global cooperation. However, the current global action is sadly insufficient and the future looks uncertain.True, the Extraordinary G20 Leaders' Summit offered a glimmer of hope. Several good proposals were made, but they were not given adequate attention in the international media and in the work of decision-makers. Many are focusing on other themes, mainly revolving around the statistics of the pandemic and its victims, and on measures taken at the level of countries.
The coronavirus pandemic has severely impacted almost every country, and many of the world's leading politicians and scholars are now discussing world order after the crisis. The pandemic will indeed change many things, but for the international political and economic landscape, it will be more of a catalyst, accelerating or revealing political and economic processes that already existed but are not so apparent.
Wang Peng, associate research fellow of the Chongyang Institute for Financial Studies at Renmin University of China, was interviewed by Bloomberg, talking about the phase one agreement and Sino-US relations in the future. This article is excerpted from Bloomberg News.