BUSINESS >>Eye on The Economy

Technological breakthroughs will boost China’s competitiveness with the US

As the world’s largest and second largest economies, the US and China have a competitive relationship. The competition is not just on economic size or military strength, but includes breakthroughs ...
Source: Global Times | 2017/2/23 0:13:39

Mongolia should enhance ties with China to push forward its economic reforms

Forecasts by some observers that emergency aid from the IMF is likely to help Mongolia pull through its economic crisis might appear to be overly optimistic. The country’s current crisis ...
Source: Global Times | 2017/2/22 0:23:39

India can learn from China’s experience when tackling power shortage problems

Efforts made by India to deliver reliable electricity are being closely watched by Chinese investors as the nation draws in interest from manufacturers. With concerns expressed by some media over ...
Source: Global Times | 2017/2/21 0:08:39

China needs to cut commercial space costs to compete with India

Over the past few days, some people have keenly followed the debate on whether China has lagged behind India in its space race. India’s successful launch of a record-breaking 104 ...
Source: Global Times | 2017/2/20 0:08:39

Beijing should put pressure on New Delhi to promote free trade, lower investment risks

In 2016, China’s direct investment to India was six times higher than the year before, according to recent media reports. China may need to adjust its speed and rhythm to ...
Source: Global Times | 2017/2/17 0:13:39

Sino-Indian economic cooperation most effective way to promote mutual trust

China has a relatively low industrial complementarity with India compared with other South Asian countries, resulting in intense competition in the global market for products made in the two nations, ...
Source: Global Times | 2017/2/16 0:08:40

Myanmar should improve investment environment to get more Chinese funds

While Myanmar suffers anxiety due to a sharp decline in foreign investment, China is seeing a boom in outbound investment. It is high time for Myanmar to ramp up efforts ...
Source: Global Times | 2017/2/15 0:13:40

Govt information key to easing public concerns over inland nuclear power plants

A media report saying that China is likely to restart the development of inland nuclear power plants attracted a lot of attention on Monday due to people’s negative perceptions and ...
Source: Global Times | 2017/2/13 23:48:40

Exporting Chinese manufacturing to Indonesia can boost ties for B&R initiative

Chinese smartphone manufacturer Xiaomi recently announced that it had started making handsets in Indonesia and the localization rate would reach 100 percent in 2017, media reports said. Chinese firms investing ...
Source: Global Times | 2017/2/13 0:08:39

China needs to include effective operations, not just construction, in African aid

The Tazara railway linking Tanzania and Zambia – once a flagship Chinese aid project built in the early 1970s – has been struggling amid sustained operational woes. According to a ...
Source: Global Times | 2017/2/9 23:48:39

Cooperation on the Belt and Road project could help strengthen China-UK ties

Why does China value the role of the UK in the One Belt One Road initiative? It is worth thinking about. Reuters reported on Wednesday that “China has invited British ...
Source: Global Times | 2017/2/9 0:03:39

China still needs to strengthen domestic economic issues before it overtakes the US

Will China and India become the world’s economic leaders by 2050? The answer from PricewaterhouseCoopers (PwC) is yes. According to its latest report, China could be the world’s largest economy ...
Source: Global Times | 2017/2/8 0:05:54

China won’t back down from building economic, commercial ties with Sri Lanka

It would not necessarily be a bad thing if healthy competition between China and India in the Sri Lankan market could be further stirred up. While China and Sri Lanka ...
Source: Global Times | 2017/2/6 23:51:20

China’s Belt and Road initiative provides fresh opportunity for Mongolia’s crisis

A recent article from Reuters reporting that “private citizens in Mongolia are donating cash, jewelry, gold and even horses” to help the government pay off its debts shows the severity ...
Source: Global Times | 2017/2/5 23:58:40

Beijing should assume leadership role in controlling piracy in Asian waterways

Philippine President Rodrigo Duterte recently asked China for help in the fight against Islamic militants by sending ships to patrol piracy-plagued waters in the Sulu Sea, according to media reports. ...
Source: Global Times | 2017/2/3 0:38:39

Chinese firms should start exporting managerial experience as well as technology

The State Grid Corp of China (SGCC) recently concluded a deal in which it took ownership of controlling stakes in Brazil’s largest power distributor CPFL Energia SA. However, that is ...
Source: Global Times | 2017/1/24 23:53:39

China, the Philippines should grasp opportunity to enhance bilateral cooperation

Philippine President Rodrigo Duterte is sending a high-ranking delegation to China to enhance economic cooperation, according to media reports. As the president extends an olive branch to China in an ...
Source: Global Times | 2017/1/23 23:58:39

Regardless of Trump policies, China will be a global leader in climate change

The different attitudes adopted by the US and China toward climate change have recently been made even more pronounced. While China reportedly canceled plans to build 103 coal-fired power plants, ...
Source: Global Times | 2017/1/23 0:08:39