BUSINESS >>Eye on The Economy

Investment in Indonesia's Sabang port will be test of India's diplomatic wisdom

As India and Indonesia are eyeing a strategic investment plan for the Indonesian island of Sabang, Indian Prime Minister Narendra Modi's upcoming visit to the Southeast Asian country is worth ...
Source: Global Times | 2018/5/28 21:18:41

China's loans to Pakistan should drive economic development, lift debt payment ability

Pakistan expects to obtain $1 billion to $2 billion of fresh Chinese loans to help it avoid a balance-of-payments crisis, Reuters reported. Some observers hope China's economic assistance will help ...
Source: Global Times | 2018/5/27 22:03:40

Transparency will convince foreign investors of China's genuine opening-up

Pro-foreign investment efforts in progress to offer foreign businesses wider and more transparent access to China's market will effectively address foreign investors' concern over roadblocks in one of their most ...
Source: Global Times | 2018/5/24 21:03:41

Reciprocal opening-up only sustainable way to mutual gains for China, trading partners

China's pledge to buy more US goods as part of a deal to avert a bilateral trade war leaves Germany squeezed in the middle, Bloomberg News reported Wednesday.
Source: Global Times | 2018/5/23 21:58:42

China's purchases of US farm products reflect consumer demand, not US pressure

On Monday, US President Donald Trump tweeted that China will purchase from US farmers as much as they can produce. China is likely to step up imports of US agricultural ...
Source: Global Times | 2018/5/22 23:18:39

China must coordinate with India, Europe to restrain US trade unilateralism

India and the EU have given the WTO “lists of the US products that could incur high tariffs in retaliation for US President Donald Trump's global tariffs on steel and ...
Source: Global Times | 2018/5/21 22:08:39

Australia needs to rethink its identity to cultivate appropriate ties with China

Australian Prime Minister Malcolm Turnbull is reportedly scheduled to travel to China later this year, following a visit last week by Australian Trade Minister Steven Ciobo, who was the first ...
Source: Global Times | 2018/5/20 22:23:39

China supports India's economic overture toward NK's reform, opening-up

The Indian Minister of State for External Affairs Gen VK Singh made a surprise trip to North Korea earlier this week as India sought to revive its ties with the ...
Source: Global Times | 2018/5/17 23:38:40

Lenovo 5G incident shows need for Chinese companies to cease mindless competition

A public letter co-signed by Lenovo Founder Liu Chuanzhi was issued Wednesday on the Chinese personal computer (PC) maker's official WeChat account, rebutting criticism that the company “committed treason” in ...
Source: Global Times | 2018/5/16 22:08:40

Putting aside mutual suspicion can help China, India cooperate to aid Africa

India has for the first time embarked on an initiative to build convention centers in 21 African countries, India's Economic Times reported. Strategic suspicion has prompted some people to read ...
Source: Global Times | 2018/5/15 22:13:40

US can't stop globalization process of increasingly competitive Chinese enterprises

US President Donald Trump tweeted on Sunday that he has urged the US Commerce Department to give Chinese telecoms equipment group ZTE Corp “a way to get back into business, ...
Source: Global Times | 2018/5/14 21:48:40

Joint efforts by China, EU can offset US pullout of Iran deal

Since US President Donald Trump has pulled his country out of the Iran nuclear deal, will China join hands with European countries to reject Trump's renewed effort to isolate Iran?
Source: Global Times | 2018/5/13 21:28:39

China must work with other Asian oil importers to offset impact of US decision on Iran

US President Donald Trump's decision to pull the US out of the Iran nuclear deal has rattled the global crude oil market. If Iran cuts oil production, who will fill ...
Source: Global Times | 2018/5/10 21:53:41

New cooperation model can draw North Korea into Asia's economic center of gravity

Chinese Premier Li Keqiang said Wednesday that China, Japan and South Korea should carry out joint projects through a new cooperation model that he referred to as “China-Japan-South Korea+X.” If ...
Source: Global Times | 2018/5/9 21:08:40

China's quarantine rules for US farm products not part of bilateral trade dispute

Chinese customs announced Monday that it will step up quarantine checks on imports of apples and logs from the US. Some US observers believe the quarantine checks could be retaliation ...
Source: Global Times | 2018/5/8 22:53:39

Tumen River program can accelerate N.Korea's integration into global economy

With the leaders of North and South Korea having pledged to work for complete denuclearization of the Korean Peninsula, it's time to restart the Tumen River Area Development Program (TRADP) ...
Source: Global Times | 2018/5/7 22:23:39

China, India can rise above competition to work against Trump's protectionism

The rise of “Make in India” will probably bring China and India into intensified competition in some industries, but it will also help them find more common ground in their ...
Source: Global Times | 2018/5/6 22:03:40

China could promote closer collaboration with Japan, S.Korea to prompt N.Korea's economic push

The trilateral leaders' meeting of China, Japan and South Korea, which will start on Wednesday in Tokyo, comes at a sensitive time as investors in each country eye North Korea's ...
Source: Global Times | 2018/5/3 20:58:40