BUSINESS >>Eye on The Economy

Karot Hydropower Project could generate wide range of benefits for China, India and Pakistan

China is racing to complete the Karot Hydropower Project in Pakistan-occupied Kashmir (POK) ahead of schedule, Bloomberg News reported recently. China is likely to maintain its neutral stance on the ...
Source: Global Times | 2017/9/20 22:38:40

Foreign competition can help Chinese financial institutions expand, develop

The People’s Bank of China (PBC), the nation’s central bank, “is drafting a package of reforms that would give foreign investors greater access to the nation’s financial services industry,” Bloomberg ...
Source: Global Times | 2017/9/19 21:48:39

Paying for foreign technology talent will yield breakthroughs, benefits for China

“I have no regrets, even if my former colleagues call me a traitor,” an engineer who used to work at Japanese electronics company NEC Corp before joining an unidentified Chinese ...
Source: Global Times | 2017/9/18 21:53:40

FTAs with South Asian nations will boost trade, offer new avenues for cooperation

China has just concluded negotiations on a free trade agreement (FTA) with a second South Asian country, a sign of its expanding trade activity in the region.
Source: Global Times | 2017/9/17 21:13:39

Space cooperation between China and Russia requires long-term mechanism

With China and Russia poised to deepen cooperation on space exploration, a long-term mechanism is needed to realize the full potential of their joint resources.
Source: Global Times | 2017/9/14 19:43:39

Statistics show perception of Chinese investment in US doesn’t match reality

Chinese capital is not as keen to invest in the US as imagined, official data has shown, pointing to Chinese companies’ frustration with US restrictions.
Source: Global Times | 2017/9/13 22:23:40

Alarmist reports on Chinese listed companies may deceive overseas investors

Short sellers never tire of accusing overseas-listed Chinese companies of fraud, but the market doesn’t buy the story all the time.
Source: Global Times | 2017/9/12 20:33:39

Chinese firms should emulate Apple’s global manufacturing strategy for true success

Techno-geeks around the world are waiting with bated breath for the release of the most expensive iPhone that Apple has ever made, an event that was scheduled for Tuesday (US ...
Source: Global Times | 2017/9/11 21:28:40

China-Europe train services changing structure of international logistics sector

Rising rail freight volume between China and Europe is posing competition not only for maritime shippers but also for the air cargo sector, pointing to the potential of a regional ...
Source: Global Times | 2017/9/10 19:53:39

Artificial intelligence becomes new arena of competition for talent among tech firms in China

Alphabet Inc’s Google is reportedly snapping up Chinese experts to specialize in artificial intelligence (AI) and machine learning for its Beijing office, a move underlining the fierce race for AI ...
Source: Global Times | 2017/9/7 20:48:39

Helping Myanmar achieve stability can provide common ground for China, India

Rising violence in Myanmar’s western Rakhine state is a sensitive issue, and discussion of it cannot be evaded by Indian Prime Minister Narendra Modi during his ongoing visit to Myanmar, ...
Source: Global Times | 2017/9/6 23:23:39

Yuan’s unexpected rise against US dollar calls for caution, careful management

The yuan has strengthened against the US dollar in the past few months, an unexpected development for China, which was preoccupied with currency depreciation in 2016 and at the beginning ...
Source: Global Times | 2017/9/5 23:53:39

Lattice ruling would hinder China, US efforts to achieve their economic goals

Whether US President Donald Trump will follow the recommendation of a federal panel regarding the sale of an American technology company will give a clue as to how tough the ...
Source: Global Times | 2017/9/4 22:33:39

Divergence between China and the US in globalization signals uncertainty for world economy

Amid the co-existence of globalization and protectionism, China and the US, the world’s top two trading nations, are headed in completely opposite directions in world trade, which poses great uncertainties ...
Source: Global Times | 2017/9/3 21:13:40

Working together can help BRICS members expand their engagement with Africa

Will the BRICS serve as economic drivers in Africa? It depends on the synergy force created when the BRICS countries – Brazil, Russia, India, China and South Africa – work ...
Source: Global Times | 2017/8/31 22:13:39

India’s tax ruling on Hutchison-Vodafone deal would scare away Chinese investors

India’s “tax attack” against a unit of Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings, based on untenable grounds, will inevitably backfire and dent New Delhi’s efforts to lure foreign ...
Source: Global Times | 2017/8/30 21:43:39

Pragmatic approach can help India learn from China’s economic development path

At a sensitive moment during the just-concluded military border stand-off in Doklam, an agenda released by Indian Finance Minister Arun Jaitley hailed China’s economic muscle, according to the Hindustan Times. ...
Source: Global Times | 2017/8/29 23:48:39

Sino-Indian farm trade proposal is a new paradigm to safeguard the interests of developing countries

A joint proposal submitted by China and India recently to the WTO argues for a rule change in global farm trade, indicating that there is still scope for cooperation between ...
Source: Global Times | 2017/8/28 20:48:39