BUSINESS >>Eye on The Economy

Nepal should not let Prime Minister’s resignation hinder beneficial ties with China

China has taken note of the changes in Nepal, the Ministry of Foreign Affairs said Tuesday. Nepal’s Prime Minister KP Sharma Oli recently announced his resignation, causing uncertainty in the South ...
Source: Global Times | 2016/7/27 0:13:00

One Road, One Belt initiative may revive trade ties with Africa and South America

A recent media report grabbed people’s attention that said African migrants were giving up on their Chinese dream, and on Monday, the Chengdu Economic Daily confirmed that the number of ...
Source: Global Times | 2016/7/26 0:03:29

Recent floods highlight those left behind in China’s rapid economic development

A post saying local meteorologists forecast heavy rain for Beijing from Sunday night to Monday daytime has been widely circulated on WeChat, with people reminding their relatives and friends to ...
Source: Global Times | 2016/7/25 0:28:04

South China Sea arbitration not the cause for drops in trade with ASEAN countries

A cooling in economic exchanges between China and ASEAN countries has attracted intense attention following the South China Sea arbitration award issued last week.
Source: Global Times | 2016/7/22 0:13:27

Deploying tanks on Indo-China border hinders potential for Chinese investment

A media report stating that nearly 100 Indian tanks have been positioned near the Indo-China border to counter any possible threat grabbed people’s attention on Wednesday as more Chinese firms ...
Source: Global Times | 2016/7/21 0:03:00

Anti-China sentiment needs to be restrained before it impacts Sino-Vietnamese ties

A Vietnamese TV station has dropped a Chinese series partway through its run after several of the actors expressed support for China’s stance in the South China Sea dispute, media ...
Source: Global Times | 2016/7/20 0:03:03

South China Sea boycotts do not represent the country’s stance on an open market

Some people in North China’s Hebei Province, joined boycott campaigns against US fast food chain KFC over the weekend, just several days after Chinese vendors boycotted online sales of dried ...
Source: Global Times | 2016/7/18 23:53:00

Link between South China Sea support and Cambodian investment is unfounded

Several weeks after the Chinese foreign ministry announced that dozens of countries, including Cambodia, expressed support for China’s stance in the South China Sea dispute, several media outlets reported over ...
Source: Global Times | 2016/7/18 0:03:01

Philippines’ rice deal with Myanmar sets example for Beijing’s ties to nascent economy

The Philippines has offered to buy rice from Myanmar through a government-to-government channel, following the fall of rice prices in Myanmar as Chinese demand slows, according to media reports.
Source: Global Times | 2016/7/15 1:03:00

China won’t begrudge India its influence in Africa

Over the past few days, many people have been keenly following the debate over one question: Can India match China’s economic influence in Africa?
Source: Global Times | 2016/7/14 1:23:01

India’s experience has something to teach Chinese firms about fighting corruption

Does India have the most transparent companies and China the most opaque firms? A survey supporting this point of view triggered heated discussion in China on Tuesday.
Source: Global Times | 2016/7/12 23:53:01

Onus to diversify flagging, oil-dependent Sino-Russian economic ties is on Moscow

The governor of Russia’s central bank has warned that China’s economic slowdown has posed the most serious challenge yet to Russia’s economy, media reports said Monday. As the world is ...
Source: Global Times | 2016/7/12 0:43:01

Indonesian deal with Alibaba platform could offer a cure for ASEAN-China trade ills

While others focus on the dispute among China and some Southeast Asian countries over the South China Sea, economic circles within ASEAN countries seem more interested in practical problems such ...
Source: Global Times | 2016/7/11 1:18:01

India’s protectionist bent and weak state cast doubt over steel-building ambitions

While steel firms in many parts of the world are experiencing a painful process to cut overcapacity, New Delhi is looking to significantly expand its domestic steel sector. Following Indian ...
Source: Global Times | 2016/7/8 0:13:01

Forecast credit binge would be a step in the wrong direction for economic reform

It will be a worrisome development if China experiences another credit binge. Official data measuring new yuan-denominated loans for June has yet to be unveiled, but financial institutions have forecast ...
Source: Global Times | 2016/7/7 0:18:01

Malacca Strait harbor project illuminates eruption of S.China Sea hostility is unlikely

Malaysia and China are reportedly looking to jointly build a harbor in the Strait of Malacca, according to media reports. The news came at a very sensitive time, as heightened ...
Source: Global Times | 2016/7/6 0:38:02

China’s role in Bangladesh railroad revamp could be a win for India, too

A media report saying that China is offering low-interest loans worth $9 billion to Bangladesh attracted a lot of attention on Monday, following analysts’ suggestion that Bangladesh has become a ...
Source: Global Times | 2016/7/5 0:18:01

Manufacturing talent, capital reforms needed to retain China’s global competitiveness

There is no doubt that China’s economy is facing unprecedented challenges, as slower growth persists and turbulence in the country’s capital and foreign exchange markets shows no sign of receding. ...
Source: Global Times | 2016/7/4 0:53:00