BUSINESS >>Eye on The Economy

New report offers counterbalance to negative coverage of Sino-African cooperation

It is not uncommon to see negative coverage in the Western media of Chinese investment in Africa, but the latest McKinsey report on China-Africa economic cooperation may serve as a ...
Source: Global Times | 2017/6/29 21:38:39

China, Japan need more sensible approach to competition over Asian infrastructure

With China and Japan locked into increasingly fierce competition for infrastructure deals, exploratory talks between senior officials from both countries on connectivity of Asian infrastructure construction may not yield any ...
Source: Global Times | 2017/6/28 21:53:39

India’s gold sector overhaul under GST shows determination to pursue financial reform

India’s gold sector is expected to undergo a complete overhaul under a new nationwide sales tax system, an important part of its long-awaited tax reform. The Modi government has been ...
Source: Global Times | 2017/6/27 22:03:39

Canadian opposition leader displays faulty logic and blindness to huge FTA benefits

Canada’s Liberal government is in exploratory talks with China over possible negotiations on a free trade deal, but the country’s opposition Conservative Party leader Andrew Scheer said in a recent ...
Source: Global Times | 2017/6/26 22:03:39

India opens air corridor with Afghanistan but it should not simply bypass Pakistan

India and Afghanistan inaugurated a direct air freight corridor last week, a dedicated route designed to give a boost to trade between the two countries. This begs a question: Will ...
Source: Global Times | 2017/6/25 19:43:40

MSCI’s move to include A shares not necessarily bad news for other Asian markets

The landmark decision by MSCI to add mainland shares to its widely tracked Emerging Markets Index is likely to have wide influence in the Asian equity markets, as the index’s ...
Source: Global Times | 2017/6/22 22:33:40

More transparent and steady market governance still needed after MSCI inclusion

It is perhaps too early to crack open the champagne, even though China has finally got the long sought-after nod of approval from MSCI to add mainland shares to its ...
Source: Global Times | 2017/6/21 22:53:39

China’s authorities aware of financial risks but careful, patient measures needed

China has created “the largest macro bubble in our lifetime,” the New York Times said recently, citing an analyst at Capital Economics. Although exaggerated rhetoric is often used by Western ...
Source: Global Times | 2017/6/20 21:33:39

Time is right for MSCI to finally include mainland A shares in its Emerging Markets Index

Having rejected the inclusion of Chinese mainland-listed stocks in its Emerging Markets Index each year since 2014, it seems index provider MSCI feels on edge this time around as a ...
Source: Global Times | 2017/6/7 22:28:39

Chinese firms must prepare for rising tide of protectionism in Western markets

Much attention has been focused on the EU summit this week, which will not only see Emmanuel Macron’s first appearance since being elected president of France, but will also witness ...
Source: Global Times | 2017/6/19 19:53:39

China should not try to compete for projects by offering low interest rates on loans

As both China and India are trying to increase their influence in Bangladesh, it may seem less favorable for China to insist on treating loans offered to Bangladesh as commercial ...
Source: Global Times | 2017/6/18 19:38:39

China must prepare for potential social issues resulting from increasing use of robots

China should be well prepared for the large-scale use of robots as the diminishing demographic dividend, rising labor costs and the country’s transition toward a high-end manufacturing power offer substantial ...
Source: Global Times | 2017/6/15 22:23:39

ECB move to add yuan to reserve currencies shows internationalization progress

China’s efforts to internationalize the yuan received a boost from the European Central Bank (ECB) on Tuesday, as the ECB announced that it had added the Chinese currency into its ...
Source: Global Times | 2017/6/14 22:23:39

Lancang River dams prove more beneficial than critical Western voices expected

Despite the persistent concerns expressed about China’s exploitation of the Lancang River in the upper reaches of the Mekong River in Southeast Asia, China’s dams have proved to have no ...
Source: Global Times | 2017/6/13 22:08:39

Concerns that CPEC will result in colonialism in Pakistan by China are not new and still wrong

People often use warnings from history, but those warnings can sometimes be misplaced. The allegation that the China Pakistan Economic Corridor (CPEC) – a flagship project under the Belt and ...
Source: Global Times | 2017/6/12 22:28:39

US should keep its own house in order instead of criticizing China on environment

Before withdrawing the US from the Paris climate agreement, US President Donald Trump and his advisory team should have studied it more carefully, so that they could at least have ...
Source: Global Times | 2017/6/11 21:53:39

Slower pace of outbound investment could be beneficial for Chinese companies

While China’s outward foreign direct investment (FDI) has entered a stage of rapid growth, an easing in the investment pace could be beneficial for Chinese companies in terms of the ...
Source: Global Times | 2017/6/8 23:48:39

SCO meeting set to be guided by new imperatives

After the momentous success of the May 14-15 Belt and Road Forum in Beijing, the focus of global attention now shifts to the annual summit of the Shanghai Cooperation Organisation ...
Source: Global Times | 2017/6/6 21:28:39