BUSINESS >>Eye on The Economy

Multilateral cooperation involving China best choice for Pacific island nations

The US and several Western powers including Australia on Sunday announced plans to build a $1.7 billion electricity grid in Papua New Guinea, Bloomberg reported, a move viewed by some ...
Source: Global Times | 2018/11/18 21:38:39

Canada's attitude toward USMCA will be test case for its sincerity to promote free trade with China

Despite a clause in the US-Mexico-Canada Agreement (USMCA) that may restrict its signatories from signing certain trade deals with Beijing, free trade agreements between China and USMCA members are still ...
Source: Global Times | 2018/11/15 22:55:03

Beijing must act to offset smartphone sector's pain as post-iPhone era appears inevitable

Shares of Asian suppliers and some assemblers for Apple Inc have fallen recently on concerns that demand for the iPhone has peaked. Although it is still too early to say ...
Source: Global Times | 2018/11/14 22:55:49

Lancang-Mekong FTZ can spur regional growth amid pressure of US trade protectionism

As Sino-US trade tension intensifies, there has been talk that China plans to set up a free trade zone (FTZ) on the border between Thailand and Laos.
Source: Global Times | 2018/11/13 22:08:39

Progress driven by CPEC will lift Pakistan's living standards, prove media critics wrong

Pakistani Prime Minister Imran Khan has reportedly expressed a strong desire to start a mega poverty alleviation campaign soon, even as the South Asian country struggles with financial difficulties.
Source: Global Times | 2018/11/12 22:03:39

China's opening-up needs to include more steps to welcome foreign workers, entrepreneurs

There was plenty of talk about consumption growth in China on Sunday as the country celebrated the Singles' Day shopping festival, but less attention has been paid to young foreign ...
Source: Global Times | 2018/11/11 21:58:39

Trump's policy starts to backfire on American consumers, companies operating in China

US President Donald Trump may think a trade war will force manufacturers to move their production chains away from China. But in fact, his attempt will only come back to ...
Source: Global Times | 2018/11/8 23:28:41

Foxconn's difficulty in hiring skilled staff in Wisconsin indicates US' loss in protracted trade tension

Although Taiwan-based electronics manufacturer Foxconn denied media reports saying it is considering bringing Chinese workers to staff its plant in the US state of Wisconsin, it seems the manufacturer still ...
Source: Global Times | 2018/11/7 22:08:41

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