CGTN published this video item, entitled “Why is ‘balance’ key to China’s high-quality growth?” – below is their description.
For more:
https://www.cgtn.com/video
China and the U.S. are far from entering a new cold war with the highly integrated economies of the two countries, said Justin Yifu Lin, dean of the Institute of New Structural Economics at Peking University, in an interview with CGTN host Tian Wei. He said the U.S. and the former Soviet Union were two separate economic systems and they did not have much trade or personnel exchanges during the Cold War. He added China will spend more resources in technology innovation, and achieve high-quality economic growth in the future.
CGTN YouTube Channel
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In This Story: Soviet Union
The Soviet Union, officially the Union of Soviet Socialist Republics (USSR), was a federal socialist state in Northern Eurasia that existed from 1922 to 1991. Nominally a union of multiple national Soviet republics, it was a one-party state (until 1990) governed by the Communist Party, with Moscow as its capital in its largest republic, the Russian SFSR.
The Soviet Union had its roots in the October Revolution of 1917 when the Bolsheviks, headed by Vladimir Lenin, overthrew the Provisional Government that had earlier replaced the monarchy of the Russian Empire.
On 25 December 1991, Gorbachev resigned and the remaining twelve constituent republics emerged from the dissolution of the Soviet Union as independent post-Soviet states. The Russian Federation (formerly the Russian SFSR) assumed the Soviet Union’s rights and obligations and is recognized as its continued legal personality.