BUSINESS >>Eye on The Economy

China's achievement at Airshow indicates pursuing path of independent innovation necessary

China's most advanced stealth fighter jet, the J-20, made a surprise appearance on Tuesday at the Airshow China 2018 in Zhuhai, South China's Guangdong Province. The air show, which is ...
Source: Global Times | 2018/11/6 22:18:41

New NASDAQ-style board can offer financial lifeline to innovative firms that drive growth

China's announcement on Monday that it will launch a new NASDAQ-style board on the Shanghai Stock Exchange signals a continued push for capital market reforms, which the nation hopes will ...
Source: Global Times | 2018/11/5 22:13:40

Beijing won't hesitate to aid Pakistan, but efficient use of funds is crucial issue

Although China has not yet announced the details of an economic aid package to Pakistan, saying more discussion is needed, there has been no change in China's attitude toward the ...
Source: Global Times | 2018/11/4 20:38:40

Japan, China have common regional interests, but Indo-Pacific Strategy bears watching

After Japan and India agreed earlier this week to step up bilateral ties, it was announced that Japanese Prime Minister Shinzo Abe would visit Australia in November. This has been ...
Source: Global Times | 2018/11/1 22:18:40

'Spy' stories from Washington read like thrillers but don't reflect global economic reality

The US is trying to play a dangerous game, when some scholars and media outlets describe economic interaction between China and the US as a spy novel or espionage movie. “How ...
Source: Global Times | 2018/10/31 22:38:41

China needn't defend crucial psychological level of 7 yuan per dollar at any cost

The yuan slid to its weakest level since May 2008 on Tuesday, stirring speculation over whether the Chinese government will tolerate a slide beyond the key level of 7 per ...
Source: Global Times | 2018/10/30 21:53:41

Collaboration with Chinese firms in Sri Lanka can ultimately benefit India's modernization

Political tension in Sri Lanka could lead to closer ties between the island country and China “at a time when India is engaged in a grueling race for influence with ...
Source: Global Times | 2018/10/29 22:18:40

Triangular cooperation with developed countries offers smoother path forward for BRI

German enterprises have been encouraged by their country's government and non-government organizations to get involved in China-Germany cooperation in third-country markets in Africa.
Source: Global Times | 2018/10/28 22:38:39

Divergent stock performances show US-China trade war headed for unexpected ending

US shares tumbled again on Wednesday, wiping out the Dow and S&P 500's gains for the year. The stock market's performance is perhaps an omen that the US economy is ...
Source: Global Times | 2018/10/25 23:18:41

Technological innovation is Chinese industry's best response to US trade protectionism

China must be prepared for a protracted trade conflict with the US, and Beijing needs a long-term plan to deal with the possible withdrawal of foreign investment.
Source: Global Times | 2018/10/24 21:58:41

Cooperation, not competition, can help Tokyo, Beijing blunt impact of US trade protectionism

The Trump administration's protectionist trade policy has created an opportunity for China and Japan to rethink their economic relationship. The first formal bilateral summit between their leaders in seven years ...
Source: Global Times | 2018/10/23 22:33:40

The ongoing recovery of tourism in Northwest China's Xinjiang Uyghur Autonomous Region has created huge demand for Putonghua-speaking staff in tourism-related sectors. The skills that people have acquired in vocational ...
Source: Global Times | 2018/10/22 22:33:39

Revived Beijing-Tokyo currency swap could be key to ending US dollar's domination

A currency swap line between China and Japan, which may be agreed on during Japanese Prime Minister Shinzo Abe's visit to Beijing later this week, would be a much-needed move ...
Source: Global Times | 2018/10/21 20:18:40

Bilateral FTAs can be Beijing's opportunity in new era of multipolar trade world

US trade policy is at a crossroads as the Trump administration shifts its focus to advancing bilateral free trade agreements (FTAs). This can be a good chance for Beijing to ...
Source: Global Times | 2018/10/18 22:13:40

Problems of Japan-backed railway in India can provide lessons for BRI-related projects

Infrastructure is a major driver of the development of the Indian economy. The country's infrastructure spending is expected to accelerate between 2018 and 2022, making the sector a giant cake ...
Source: Global Times | 2018/10/17 21:48:41

US may prefer blitzkrieg strategy, but China will prepare for long conflict

The US government's big budget deficit is a fiscal iceberg that carries an ever-increasing risk of economic uncertainty, and it signals that Washington's deficit spending and economic policies are unsustainable.
Source: Global Times | 2018/10/16 22:38:40

Western countries must learn to respect SOEs' role in China's economic system

Western countries and emerging economies should accord neutral treatment to China's State-owned enterprises (SOEs) to give those SOEs the same footing as private-sector rivals in global markets.
Source: Global Times | 2018/10/15 22:33:41

US can't easily unseat Chinese manufacturers from position in global value chain

The US wants to include a provision to deter currency manipulation in future trade deals, Reuters reported over the weekend, citing US Treasury Secretary Steven Mnuchin. With “America First” as ...
Source: Global Times | 2018/10/14 21:53:40