BUSINESS >>Eye on The Economy

Opening-up, cooperation only way for China to convince world of technology prowess

While the US has resorted to various means to target Chinese tech giant Huawei, China will beat back any efforts to contain its technological advancement by furthering opening-up and cooperation.
Source: Global Times | 2018/12/11 19:54:04

Private sector deserves full support for vital role in generating new jobs in China

There is a growing belief that maintaining and creating employment is the next battleground in the China-US competition. That is meant to call attention to job creation efforts as the ...
Source: Global Times | 2018/12/10 20:55:13

Banning Chinese companies like Huawei will isolate US from digital economy of the future

The arrest of Huawei's CFO Meng Wanzhou and moves to ban the company from some markets will keep those countries from gaining access to China's 5G markets.
Source: Global Times | 2018/12/9 20:36:38

China must follow own economic path despite pressure from trade conflict, global share rout

Shares in China tumbled on Thursday as the arrest of the chief financial officer (CFO) of Chinese telecom giant Huawei further undermined fragile market sentiment amid concerns over the outlook ...
Source: Global Times | 2018/12/6 23:10:49

Opening up govt procurement, infrastructure cooperation can ease US trade gap with China

Some observers believe the current surge in the US federal budget deficit is a reason why US President Donald Trump said the country's military spending of $716 billion is too ...
Source: Global Times | 2018/12/5 23:16:23

World economy facing more challenges next year as growth woes continue across the board

After having experienced a tumultuous year, highlighted by the China-US trade dispute, the world economy may be facing grimmer prospects in 2019.
Source: Global Times | 2018/12/4 18:32:42

Beijing needs bolder steps to bolster economic growth amid China-US trade truce

A China-US tariff truce achieved over the weekend on the sidelines of the G20 summit in Argentina might be beneficial to China's economic restructuring, but the trade dispute won't be ...
Source: Global Times | 2018/12/3 21:53:39

Performance of equity markets shows importance of connections between Beijing, Washington

An important trade consensus China and the US reached on the sidelines of the just-concluded G20 summit in Argentina is unlikely to prove to be a magic stimulant for US ...
Source: Global Times | 2018/12/2 21:48:39

Tough negotiations need basic guiding principles at G20 summit

The 2018 G20 summit kicked off in Argentine capital Buenos Aires on Friday. Negotiations on major issues at the summit including trade are expected to be tough.
Source: Global Times | 2018/12/1 1:28:44

Maldives would be wise to shun meaningless 'gift' from New Delhi

India's plan to provide loans to the Maldives to help the island nation repay its debts to China will likely turn out to be nothing more than an old trick ...
Source: Global Times | 2018/11/29 20:08:40

US won't be able to force global supply chain restructuring by administrative means

The use of administrative means to force a restructuring of supply chains isn't a recommended policy for the US government amid the trade dispute with China. It is hoped that ...
Source: Global Times | 2018/11/28 21:53:40

India unprepared to realize aim of replacing China as industrial power amid trade dispute

India's intention of gaining from the trade dispute between China and the US will likely prove to be pie in the sky, as the South Asian nation isn't ready to ...
Source: Global Times | 2018/11/27 21:18:40

Beijing's cooperation with Seoul, Pyongyang in rail project key to connecting peninsula to wider world

China can provide strong support for a joint survey of the inter-Korean railway if needed. The project is likely to be a good starting point in promoting economic integration. However, ...
Source: Global Times | 2018/11/26 20:33:39

In testing time, Beijing must resolutely pursue reform and opening-up at own pace

China has granted German insurer Allianz permission to establish the country's first wholly foreign-owned insurance holding company. The approval, which came several years earlier than anticipated, is a positive signal ...
Source: Global Times | 2018/11/25 23:13:39

WTO wouldn't be the same without China; Washington threats only make Beijing grow stronger

Kevin Hassett, one of US President Donald Trump's top economic advisers, suggested there could be a case for “evicting China” from the WTO, BBC reported. The US seems to want ...
Source: Global Times | 2018/11/22 21:03:42

Maldives can make wise choice when it comes to bilateral trade pact with China

Maldives has drawn widespread attention as ex-president Mohamed Nasheed said the country's new government is considering pulling out of a free trade agreement (FTA) with China because it was a ...
Source: Global Times | 2018/11/21 22:43:40

WTO reform ought to take interests of China, developing world under full consideration

Washington is right that the WTO needs reform, but the reform shouldn't give the green light to US unilateralism.
Source: Global Times | 2018/11/20 22:38:41

US efforts to match BRI fall short of China's contribution but can still be welcome addition

Although the US isn't participating in the China-proposed Belt and Road initiative (BRI), Washington's policy has already been influenced by the ambitious plan. This would not necessarily be a bad ...
Source: Global Times | 2018/11/19 22:18:39