BUSINESS >>Eye on The Economy

Taobao win in landmark counterfeit case showcases China’s battle against fakes

Alibaba’s Taobao website has won a landmark online counterfeiting case against a vendor selling fake cat food on the hugely popular Chinese e-commerce platform, a positive development in the country’s ...
Source: Global Times | 2017/7/25 20:08:39

Deflating ChiNext bubbles only way to reveal true state of corporate financial health

The price earnings ratio of the ChiNext, China’s NASDAQ-style board tailored for innovative and high-tech companies, is reportedly about to fall below that of the NASDAQ Composite Index for the ...
Source: Global Times | 2017/7/24 19:58:40

Tencent’s new data center points to future globalization approach of Chinese firms

Chinese companies’ global ambitions were in the headlines again last week when Tencent Cloud, a cloud service venture under Internet giant Tencent Holdings, opened a data center in Frankfurt, Germany. ...
Source: Global Times | 2017/7/23 18:43:39

China, India must prevent border tensions from blocking progress toward RCEP

Hundreds of officials from 16 nations are set to address a gathering in Hyderabad, India next week where they will meet to negotiate an Asia-centered trade deal called the Regional ...
Source: Global Times | 2017/7/20 20:58:39

Taming expansion of lending by shadow credit system is key to China’s economic reforms

While new estimates from Swiss bank UBS point to weakening shadow lending activities amid supervisory tightening in China, concerns over massive amounts of shadow credit are keeping market observers on ...
Source: Global Times | 2017/7/19 21:18:39

Pursuing financial, economic reform while preserving growth a tricky balancing act

In recent days, it seems that there has been a negative correlation between China’s economic indicators and the performance of stocks listed on the Chinese mainland. That divergence signals tricky ...
Source: Global Times | 2017/7/18 22:23:39

Curbing financial risk essential to promote internationalization process of yuan

Amid growing criticism of China’s financial vulnerabilities, a major policy meeting this weekend mainly focused on curbing financial risk, a decision that is widely expected to set the scene for ...
Source: Global Times | 2017/7/17 19:53:40

Concrete results emerge from Sino-US 100-day action plan with huge food deal

With the Sino-US 100-day economic action plan near its end, a Chinese delegation last week signed the second-largest purchase deal ever for US soybeans, another outcome of the bilateral trade ...
Source: Global Times | 2017/7/16 20:48:39

Mongolia should not let nationalism blind it to importance of relationship with China

The lingering nationalist sentiment in Mongolia is not a cure for the country’s economic woes. As economic globalization continues to develop, Mongolia cannot sit on the sidelines. The nation should ...
Source: Global Times | 2017/7/13 22:28:39

Nepal set to escape reliance on inadequate Indian Internet as Chinese option arrives

Internet services from China will reportedly soon be available in Nepal, ending India’s bandwidth supply monopoly in the country. This is set to be a great boon to the South ...
Source: Global Times | 2017/7/13 0:33:39

Chinese investment in Myanmar could push India to deepen regional cooperation

While ramping up efforts to help mediate between Myanmar’s government and rebel groups, China needs and will most likely be willing to step up investment in the country to promote ...
Source: Global Times | 2017/7/11 23:13:39

India becoming more attractive to foreign firms but path of reform will not be easy

Renowned electronics manufacturers Foxconn, Midea and Samsung have been in the headlines recently after announcing high-profile plans to invest and produce goods in India. As low-cost manufacturing is gradually moving ...
Source: Global Times | 2017/7/10 22:48:39

African countries can get over infrastructure problem by focusing on their strengths

On Friday, Kenya kicked off the construction of its first special economic zone in Eldoret, a joint program between Kenya-based company Africa Economic Zone and China’s Guangdong New South Group. ...
Source: Global Times | 2017/7/9 20:23:39

Potential China-Mexico FTA could boost free trade amid rising tide of protectionism

It is time for China and Mexico, which are currently seeking trading partners amid the rising tide of protectionism and anti-globalization, to start contemplating a free trade agreement (FTA), especially ...
Source: Global Times | 2017/7/6 21:43:39

Unusual US solar trade battle reveals evolution of Chinese firms’ expansion strategy

An unusual solar trade case in the US has recently been in the spotlight, and China has interests on both sides of the tussle. This might point to an internal ...
Source: Global Times | 2017/7/5 23:43:39

Chinese investors must wait and see on India opportunities following border tension

Chinese companies operating in India need to be alert and take precautions to avoid being hit by anti-Chinese sentiment following tensions on the border between the two countries.
Source: Global Times | 2017/7/4 21:58:40

G20 influence needed as further US protectionism could provoke global trade war

It is unknown whether US President Donald Trump will really trigger a global clash with other major economies during the upcoming G20 Summit in Hamburg, especially after the EU, Australia, ...
Source: Global Times | 2017/7/3 21:33:39

New tax regime a big step forward for India but its execution will be challenging

The long-awaited Goods and Services Tax (GST) finally took effect in India on Saturday, marking the country’s biggest tax reform since its independence in 1947. The main questions now are ...
Source: Global Times | 2017/7/2 20:08:39