BUSINESS >>Eye on The Economy

China can hold steady even as Indian growth sags

Global investors have sold $4.5 billion worth of Indian shares since June, the South China Morning Post (SCMP) reported, news that adds to the evidence that the Indian economy has ...
Source: Global Times | 2019/9/19 22:13:41

The 5G race is over, and US lost... 6G is next frontier

China's telecom giant Huawei has taken the lead over US companies in the race for 5G technology supremacy. The US, as a global superpower in the technology of the future, ...
Source: Global Times | 2019/9/18 21:43:46

Speculators will fail spectacularly in attacks on HK stocks

Several days after George Soros wrote an op-ed piece in the Wall Street Journal saying his interest in defeating China “goes beyond US national interests,” some Chinese media outlets reported ...
Source: Global Times | 2019/9/17 20:25:48

Pre-order iPhone boom highlights China-US ties

Apple's new iPhones are experiencing a hot pre-order session in China. With the official order-taking beginning on Friday on Apple's official website and platforms like JD.com and Tmall in China, ...
Source: Global Times | 2019/9/15 21:28:39

Can Hong Kong's linked exchange rate system withstand shocks amid trade war?

With the yuan's rate breaching the psychologically important 7 threshold against the US dollar in August, the Hong Kong dollar's exchange rate has also been affected. Many market participants are ...
Source: Global Times | 2019/9/13 10:17:58

Implications for potential merger between HKEX and London Stock Exchange

Hong Kong Exchanges and Clearing (HKEX) has made a surprise $36.6 billion offer to merge with the London Stock Exchange (LSE).
Source: Global Times | 2019/9/12 9:49:14

BRI prompts New Delhi to boost regional cooperation

India and Nepal recently inaugurated the first cross-border oil pipeline in South Asia, which will transport fuel from India to the Himalayan nation.
Source: Global Times | 2019/9/11 22:28:40

Will China use antibiotics against US amid trade war?

China has more than just rare-earth minerals to rely on amid the trade war with the US – it also has antibiotics, according to recent media reports.
Source: Global Times | 2019/9/10 21:58:40

India needs foreign capital to fix its infrastructure

Prakash Javadekar, minister of environment, forest and climate change and minister of information and broadcasting in India, was quoted by media reports as saying recently that the Indian government is ...
Source: Global Times | 2019/9/9 21:58:40

Solid foreign reserves are basis of China's resilience

China's foreign exchange reserves rose by $3.5 billion in August to $3.1072 trillion. Economists polled by Reuters had expected that reserves would fall from July. The increase in August suggested ...
Source: Global Times | 2019/9/8 22:03:40

Beijing will do what it takes to support HK's economy

Concerns over a possible recession are growing in Hong Kong as the city's economy faces its worst crisis since the global financial crisis in 2008.
Source: Global Times | 2019/9/5 23:18:40

Trump's policy can't stop US de-industrialization

US manufacturing contracted for the first time in three years in August. So the question for US President Donald Trump is: has your effort to bring factory jobs back to ...
Source: Global Times | 2019/9/4 21:59:55

Time for decisive battle in Europe for Huawei

The time has come for China's telecom giant Huawei to fight a decisive battle in Europe against Washington's crackdown. At this critical moment, the Chinese authorities are unlikely to turn ...
Source: Global Times | 2019/9/3 21:13:41

Testing time for Apple in China as trade war grinds on

Apple Inc is expected to debut its updated iPhone on September 10. Even if the California-based company offers no exciting, breakthrough design, there's no need to be overly pessimistic about ...
Source: Global Times | 2019/9/2 21:48:40

African continent is no place for Japan-China rivalry

China has no intention of making Africa a forward position for a jostle with Japan, but any Japanese provocation against China is a dangerous game.
Source: Global Times | 2019/9/1 20:03:40

Generic medicine trade can tie China, India closer

China has revised its drug laws to reduce penalties for the sale and import of unapproved drugs, sending a signal that the country may take an open mind toward cheaper ...
Source: Global Times | 2019/8/29 20:53:40

Vietnam can't cut China industry links over 5G issue

Viettel Group, Vietnam's largest mobile telecom operator, has reportedly excluded China's Huawei from its 5G rollout. If Vietnam bans Huawei because of geopolitical considerations, the Vietnamese economy will be ...
Source: Global Times | 2019/8/28 20:58:40

New model to fill the gap left by US in Iran economy

After making a brief, unannounced visit to the G7 summit in France on Sunday, Iranian Foreign Minister Mohammad Javad Zarif on Monday met with Chinese State Councilor and Foreign Minister ...
Source: Global Times | 2019/8/27 20:44:30