Issue No. 221 | Jun. 14, 2021
Strengthening American capacity for effective engagement
俗语 from Xi Jinping's Speeches
荣辱与共
róng rǔ yǔ gòng

Meaning: to share both the honor and the disgrace (of friends or partners)

Original: "这场疫情再次昭示我们,人类荣辱与共、命运相连。面对传染病大流行,我们要秉持人类卫生健康共同体理念,团结合作、共克时艰,坚决反对各种政治化、标签化、污名化的企图。"

Translation: "The pandemic is yet another reminder that we humanity rise and fall together with a shared future. Confronted by a pandemic like COVID-19, we must champion the vision of building a global community of health for all, tide over this trying time through solidarity and cooperation, and firmly reject any attempt to politicize, label or stigmatize the virus."

Source: 习近平 在全球健康峰会上的讲话(2021年5月21日,北京): 携手共建人类卫生健康共同体
Anti- Foreign Sanctions Law
On Thursday June 10, China passed a new law aimed at countering foreign sanctions in response to U.S. and European pressure on human rights, trade, and technology.

To learn more, this article provides two experts' takes on the purpose and potential impact of the new law: 反外国制裁法正式通过 专家:将成对抗美国“长臂管辖”的一记“重拳”

China Law Translate has released an English translation of the law on their website. The original text is relatively short (16条) and can be read here.
De-dollarization
去美元化
Here's something a bit different for this week: "de-dollarization" and Russia.

This June 6 article in 人民网 - "俄罗斯加速“去美元化” 主权基金将清仓美元" - reports that Russia has announced that U.S. dollar assets will be removed from its National Wealth Fund (about $600 billion), in response to intensified U.S. sanctions on Moscow.

This is a quick read on an interesting topic, and is also a good chance to learn some new, specialized vocabulary.
Fellows Spotlight
Last month, AACLF Fellow Leslie Nguyen-Okwu published a piece in Harper's Bazaar exploring "what it means to balance on a hyphen, as an Asian and Black woman in America."

We strongly recommend reading the article and checking out more of Leslie's writing on her website.
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