BUSINESS >>Eye on The Economy

Tibet's economic development due for more attention

China's annual central conference on rural work, which will set the tone for next year's agricultural and rural development, will convene in Beijing soon. Revitalizing the countryside is expected to ...
Source: Global Times | 2017/12/25 23:23:40

Deflate sharing-economy bubbles to avert wider risk in China

With a surge in bankruptcies in the so-called sharing economy, avoiding further inflation of bubbles should be a major theme of China's economic policies next year.
Source: Global Times | 2017/12/24 21:33:39

Deficient management core reason for fatal high-speed rail crash in US

After the deadly Amtrak derailment in the US state of Washington, US President Donald Trump tweeted that the accident underscores the need for his infrastructure plan. But it's misleading to ...
Source: Global Times | 2017/12/21 23:58:14

Expanding exports of US farm products wrong way to cut trade deficit with China

The US merchandise trade deficit with China has reportedly risen to its second-highest level on record. This scenario might trigger renewed complaints and protectionism in the US and increase the ...
Source: Global Times | 2017/12/20 23:53:39

Chinese investors need greater clarity on UK trade, investment position in post-Brexit era

As the UK looks to strengthen ties with China after leaving the EU, China hopes that the country will wrap up its Brexit negotiations as soon as possible to end ...
Source: Global Times | 2017/12/20 0:33:39

Excessively high valuations for Chinese Internet companies raise specter of dotcom bust

While Chinese Internet-related IPOs have been getting high valuations in overseas markets, domestic regulators shouldn't forget the dotcom bubble of the late 1990s. Any repeat of that spectacular boom and ...
Source: Global Times | 2017/12/18 22:23:40

Australian firms concerned by Turnbull government's stance toward China

Australian businesses in China are reportedly keeping a low profile as they worry about possible consumer boycotts in the Chinese market, a development underlining rising bilateral tensions.
Source: Global Times | 2017/12/17 23:53:39

Gujarat election may signal voters' support for India's ongoing economic reform

The western Indian state of Gujarat went to the polls for the second phase of the Assembly elections on Thursday, and many observers in China are watching the outcome closely, ...
Source: Global Times | 2017/12/14 21:28:39

Google's Beijing AI center can become global talent magnet

Google announced Wednesday that it is opening an artificial intelligence (AI) research center in Beijing. This may serve as a springboard for China to attract top-ranking talent from around the ...
Source: Global Times | 2017/12/13 21:58:40

India's schools must change to help industrial upgrading

An unemployment dilemma is brewing in India, but the country may have gotten onto the wrong track in creating jobs for its youth.
Source: Global Times | 2017/12/12 22:13:39

Fair treatment required for Chinese bidders involved in Australian energy deals

A bidding war has developed for Sydney-based natural gas explorer AWE after Australian Mineral Resources made an all-share takeover offer, Bloomberg News reported on Monday, following a A$463 million ($348 ...
Source: Global Times | 2017/12/11 21:18:39

Russia's LNG project may mean 'golden age' for energy cooperation with China

The market has perhaps read too much into Russia's $27 billion gas project in the Arctic, which has been described by Western media as a symbol of Moscow's efforts to ...
Source: Global Times | 2017/12/10 21:28:39

Sino-Venezuelan lawsuit shows bilateral relationship based on commercial principles

Some media outlets are interpreting a lawsuit filed by Sinopec in the US against Venezuelan state oil company PDVSA as a sign of China's growing impatience over the ailing economy ...
Source: Global Times | 2017/12/7 22:38:39

More involvement needed by Chinese SMEs to generate employment in B&R markets

As Chinese companies' mega infrastructure projects encounter setbacks in some neighboring countries, it may be time for China to put more emphasis on encouraging the overseas development of its small ...
Source: Global Times | 2017/12/6 20:53:39

Crackdown on illegal overseas fund movements key to avoiding 'Minsky Moment' in China

While maintaining strict capital controls, China should also step up its crackdown on underground banking and other means of evading limits on capital outflows, all of which are crucial in ...
Source: Global Times | 2017/12/5 20:33:40

Tax cuts do little to boost US manufacturing and pose no threat to China's cost advantage

The tax bill passed by the US Senate over the weekend has little chance to restore the US' status as a leading manufacturing power and bring back factory jobs, although ...
Source: Global Times | 2017/12/4 21:18:39

India shouldn't be overly nervous about China-Maldives free trade agreement

The free trade agreement (FTA) that the Maldives signed last week with China has attracted a lot of attention, with concerns being expressed by Indian media about China's growing presence ...
Source: Global Times | 2017/12/3 23:08:39

Japan's shifting attitude on Belt and Road shows importance of ties with China

The Japanese government appears to have readjusted its attitude toward the China-proposed Belt and Road (B&R) initiative, a development that underscores the country's increasing awareness of the importance of the ...
Source: Global Times | 2017/11/30 22:08:40