The WEF is an NGO, registered in a lush suburb of Geneva, with ambitions towards worldly power command. The IMF, created under the UN Charter, is an official international financial organization – one of the two Bretton Woods Institutions, the other one being the World Bank. The IMF was created to watch over and regulate the world monetary conundrum. Both, IMF and WB, are controlled by veto-power by the US Treasury. The discourse of both, the WEF and the IMF, is to “doing as much good to a covid-disaster stricken world as we can.” None of them mentions how their actions will put the world – especially the developing world, into even deeper ‘sustainable’ disaster.
Since the COVID-19 pandemic broke out, the US president has been trying to shift the responsibility for his administration's failure to contain the outbreak at home by blaming the WHO(and China, in good measure) for the spread of the public health crisis. That the WHO has faced threats and criticisms from the White House shows that the US' unilateral approach is not restricted to trade and political matters; it extends to health and other public welfare fields too.
More than 200 million people are at risk of unemployment as human civilization faces a new world war in the form of COVID-19 that can only be stopped by global cooperation, a Chinese expert has told symposium in Abu Dhabi. Dr. Wang Wen, executive dean of Chongyang Institute for Financial Studies, and vice president of Silk Road School at Renmin University of China (RUC), said there is a significant risk of conflict because of social breakdown and instability.
Actually facing this unknown, unexpected disease, China launched a very big battle to COVID-19 for five months and control basically COVID-19 spreading since the end of the February. But the problem is that in the past four months, there are no infections in most parts of China. But most of people who live in China still wear masks to prevent the transmission of COVID-19. On June 15th, Beijing, my living city, the capital of China, reported new domestically transmitted COVID-19 cases, there are about 10 daily new confirmed cases now, since the middle of this month. And this further makes us realize that the pandemic is turning into a protracted war. No one can relax. Even, as you may know, in China totally in the last five months only below 9000 cases.
US scholars proposed the concepts of “G2” and “Chimerica” a decade ago. At present, the total GDP of China and the United States exceeds 40% of the world’s total, their combined military expenditures exceed 45% of related global spending, and they account for more than 65% of the world’s R&D investment. According to the assumptions of those US scholars, a pattern of G2 or polarisation has already emerged. But the fact is that the Chinese government and the nation’s academic circles have not yet affirmed the emergence of a G2, and are even more reluctant to move towards a polarised global paradigm with the United States.
When the novel coronavirus broke out about five months ago, people thought the virus would be something like SARS - a terrifying infectious disease that hit them hard in 2003. It was unthinkable for almost everyone that COVID-19 would become such a severe pandemic. As of press time, there have been over 10 million confirmed cases of COVID-19 around the world with more than 501,000 deaths. As a comparison, a total of 8,098 people worldwide became sick with SARS during the 2003 outbreak, and 774 of them died. Moreover, due to some countries' loose handling of COVID-19, the downward inflection point in terms of worldwide cases has yet to come.
A distinguished panel of experts attending an e-symposium organized by TRENDS Research & Advisory on Wednesday (September 9, 2020) urged the media and think-tanks worldwide to engage more for the cause of public good during times of crisis. Dr. Wang Wen was invited to delivery a keynote speech.