BUSINESS >>Eye on The Economy

Cutting Treasury debt must remain option for China

The US-China trade war has generated heated debate over whether China will weaponize its holdings of US Treasury debt by dumping these securities into the market. Efforts are needed to avoid ...
Source: Global Times | 2019/7/18 21:38:42

Economic shift helps China gain bargaining power

For those who are eager to sell goods in China amid the trade war, we can tell them – don't rush.
Source: Global Times | 2019/7/17 20:10:27

Internationalization of yuan can boost HK status as offshore financial hub

Beneath the recent unrest in the Hong Kong Special Administrative Region lie concerns about capital outflows. A private banking source in Hong Kong said that the super-rich have begun to ...
Source: Global Times | 2019/7/16 20:24:20

Rare earths can be deterrent without ban on exports

The Pentagon is rapidly assessing the rare-earths output in the US, according to Reuters. The move comes after China indicated that it will keep its options open for using rare-earth ...
Source: Global Times | 2019/7/15 19:08:42

Technology war can spur talent flow from US to China

Chinese telecom giant Huawei is planning extensive layoffs at its US operations, the Wall Street Journal reported over the weekend. But don't worry – Chinese-American researchers are welcome to come ...
Source: Global Times | 2019/7/14 19:53:40

World must weigh moves as Trump pressures Fed

US Federal Reserve Chairman Jerome Powell on Wednesday signaled that the Fed would likely cut interest rates as soon as this month. It's highly unusual for the Fed to lower ...
Source: Global Times | 2019/7/11 21:18:40

Exports, not barriers, can help India cut trade gap

US President Donald Trump said Tuesday that “India has long had a field day putting Tariffs on American products. No longer acceptable!” If the US starts a trade war with ...
Source: Global Times | 2019/7/10 20:58:40

Luring Chinese VC firms back for start-ups urgent amid trade war

Chinese venture capital (VC) investment in US biotech companies fell by more than 50 percent in the first half of the year, the Financial Times reported Tuesday, as Chinese investment ...
Source: Global Times | 2019/7/9 21:18:40

India support crucial for BCIM economic corridor

China and Bangladesh have agreed to advance cooperation on the Belt and Road Initiative (BRI), but in order to reach its full potential in the region, it will need support ...
Source: Global Times | 2019/7/8 21:13:40

As US shuns skilled Indian staff, China opens arms

As the US tightens controls over H1B visas, Indian engineers are welcome to work and live in China.
Source: Global Times | 2019/7/7 20:38:52

India faces setbacks if it shuns Huawei in 5G era

Principal scientific adviser to the Indian government K Vijay Raghavan seems to hope India can suffer more setbacks in the development of 5G wireless communication. Setbacks can teach India, make ...
Source: Global Times | 2019/7/4 21:03:14

Rioters, the West make vain move to plunge HK into economic recession

Hong Kong's economy will be badly hit by radical activists who have caused tangible damage to the city's economic recovery. They and the power behind them are sinners against Hong ...
Source: Global Times | 2019/7/3 22:13:40

Rising GNI gives China ammunition in trade talks

China, which is home to the world's largest population, saw its per capita gross national income (GNI) reach $9,732 in 2018, higher than the average of other middle-income countries.
Source: Global Times | 2019/7/2 20:03:40

Biased views deceive world about BRI-related loans

The objectivity of Harvard University economics professor Carmen Reinhart's study on China's overseas lending is doubtful.
Source: Global Times | 2019/7/1 20:23:40

Mexico, China can be partners against US pressure

Mexican Foreign Minister Marcelo Ebrard's official visit to China, which runs from Sunday to Tuesday, offers a chance to build closer economic ties between the two countries to counter US ...
Source: Global Times | 2019/6/30 21:08:40

Vietnam-EU pacts show trade war reshaping industry

The EU and Vietnam reportedly agreed to sign a free trade agreement (FTA) and an investment protection agreement (IPA) on Sunday in Hanoi, a development that can be seen as ...
Source: Global Times | 2019/6/27 22:28:40

India to gain more from working with China than US

US Secretary of State Mike Pompeo said in India Wednesday the US-India partnership “is already beginning to reach new heights,” but the bilateral relationship is less rosy than it appears. ...
Source: Global Times | 2019/6/26 21:53:40

Unreliable entities list can counter US financial intimidation

China's Foreign Ministry on Tuesday slammed a reported US decision to probe Chinese banks for alleged violations of US sanctions, saying it opposes US long-arm jurisdiction.
Source: Global Times | 2019/6/25 20:53:40