, the duo will play a key role in transforming US governance. According to Zheng Yongnian, dean at the Chinese University of Hong Kong (Shenzhen), this initiative poses a significant threat to China’s political and economic systems. “If DOGE is successful, these reforms could lead to a competitive US system akin to ‘state capitalism with American characteristics,’” Zheng said, warning that it could exert pressure on China and Europe. He further noted, “A more efficient US political system would put huge pressure on China’s current system. Of course, the pressure is not exclusive to China but also affects others, especially Europe.” Though DOGE is not a government agency, it will provide advisory support to the White House, focusing on structural reforms and reducing bureaucratic inefficiencies. Trump described the move as a plan to “drive large-scale structural reform and create an entrepreneurial approach to government never seen before.” Musk and Ramaswamy aim to eliminate thousands of regulations and streamline the workforce. In response, Zheng urged China to adopt its own institutional changes and prioritize domestic growth through the “dual circulation” strategy. “Fully tapping into internal growth potential is something we must do,” he emphasized. The reforms, coupled with Trump’s tough stance on tariffs and contentious geopolitical issues, are expected to increase US-China tensions when he assumes office on January 20. [ad_2]){kind=link}
Donald Trump’s upcoming second time period as US President is ready to introduce sweeping reforms led by billionaire Elon Musk and Indian-origin entrepreneur Vivek Ramaswamy. Appointed to go the Division of Authorities Effectivity (DOGE), the duo will play a key position in remodeling US governance.
Based on Zheng Yongnian, dean on the Chinese language College of Hong Kong (Shenzhen), this initiative poses a major risk to China’s political and financial methods.
“If DOGE is profitable, these reforms might result in a aggressive US system akin to ‘state capitalism with American traits,’” Zheng mentioned, warning that it might exert stress on China and Europe. He additional famous, “A extra environment friendly US political system would put big stress on China’s present system. In fact, the stress will not be unique to China but additionally impacts others, particularly Europe.”
Although DOGE will not be a authorities company, it’s going to present advisory help to the White Home, specializing in structural reforms and lowering bureaucratic inefficiencies. Trump described the transfer as a plan to “drive large-scale structural reform and create an entrepreneurial method to authorities by no means seen earlier than.” Musk and Ramaswamy purpose to eradicate hundreds of laws and streamline the workforce.
In response, Zheng urged China to undertake its personal institutional adjustments and prioritize home development via the “twin circulation” technique. “Totally tapping into inner development potential is one thing we should do,” he emphasised.
The reforms, coupled with Trump’s powerful stance on tariffs and contentious geopolitical points, are anticipated to extend US-China tensions when he assumes workplace on January 20.
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