BUSINESS >>Eye on The Economy

Drilling platform a breakthrough in South China Sea

Discussions over joint oil and gas exploration in the South China Sea could soon be stirred up once more, as China's first self-developed semi-submersible drilling platform completed its first deep-water ...
Source: Global Times | 2019/4/14 20:33:40

China can't ditch state-led drive for high technology

The US produces only 5 percent of the world's lithium-ion batteries, some statistics show, lagging far behind China.
Source: Global Times | 2019/4/11 20:13:43

US can't be Myanmar's bargaining chip against China

A team of US economists, diplomats and lawyers was dispatched to Myanmar to “scrutinize contracts, flag bad deals, and empower the country to push for better terms with Chinese agencies ...
Source: Global Times | 2019/4/10 21:13:39

Rational China approach can boost Indian jobs

During the 2014 election campaign, India's Bharatiya Janata Party (BJP) said the country had been led through “10 years of jobless growth by the Congress-led UPA Government,” and promised that ...
Source: Global Times | 2019/4/9 20:03:40

Measuring China-Djibouti ties with money shows narrow mind

Djibouti's President Ismail Omar Guelleh now has a deep impression of a Chinese carpenter who lived 2,400 years ago. The opening ceremony of a workshop named after carpenter Lu Ban ...
Source: Global Times | 2019/4/8 20:28:41

Malpass ought not shift World Bank's priorities

David Malpass, US President Donald Trump's choice to be the next World Bank president, won unanimous approval from the institution's executive board recently, adding uncertainty to future collaboration between the ...
Source: Global Times | 2019/4/7 21:33:39

Overproduction remains top risk for Chinese companies

What are the most significant risks Chinese companies face today? Some may highlight potential woes involving human resources, finance, property, production, supply and demand. Of course, they are crucial.
Source: Global Times | 2019/4/4 11:22:26

BRI can help bind Britain's economic Brexit wounds

A swift decision to join the China-proposed Belt and Road Initiative (BRI) could help bind the Brexit wounds that plague the hearts and minds of British people.
Source: Global Times | 2019/4/3 17:33:40

Myanmar dam project shouldn't be politicized

Non-governmental organizations, political parties, and environmental experts from every state and region in Myanmar have been invited to come together in opposition to the China-financed Myitsone Hydropower Dam project, Frontier ...
Source: Global Times | 2019/4/2 21:28:40

BRI challenges can be resolved for common benefit

A controversy has erupted over the China-Pakistan Economic Corridor (CPEC), the India-based Economic Times reported Monday, saying the Pakistani government had reportedly diverted large sums of Chinese investment meant for ...
Source: Global Times | 2019/4/1 21:18:40

Why Luxembourg's endorsement of BRI is big deal

While many have focused on Italy's endorsement of the China-proposed Belt and Road Initiative (BRI), less attention has been paid to Luxembourg, which signed an agreement with China last week ...
Source: Global Times | 2019/3/31 19:43:39

UK's Huawei review should not be weaponized

The European Commission has recommended that EU nations share data to handle cybersecurity risks in 5G networks but shunned US calls to ban Chinese telecom giant Huawei across the bloc. ...
Source: Global Times | 2019/3/28 20:34:26

Benefits will eventually bring India into BRI

Italy's endorsement of the China-proposed Belt and Road Initiative (BRI) hasn't had much impact on Indian officials, who have long objected to the initiative, as media reports said the South ...
Source: Global Times | 2019/3/27 20:03:16

Pakistan oil find may have meaning to entire region

Pakistan may soon hit the oil jackpot, and that will be good news for not only the country itself but all of South Asia as well as China and Gulf ...
Source: Global Times | 2019/3/26 20:28:40

Energy cooperation can be among BRI's mutual benefits

China needs to reduce its dependence on imported crude oil, which reportedly stood at nearly 70 percent in 2018, because energy security is a matter of national security.
Source: Global Times | 2019/3/25 20:23:39

China open to third countries' roles in Hambantota

China is expected to adopt an open attitude toward the increasing presence of third countries in the Chinese-leased Hambantota port in Sri Lanka. Investment from third countries will help the ...
Source: Global Times | 2019/3/24 20:25:15

China won't repeat Japan's lost years in US trade deal

As China and the US reach the final stage of negotiations over a deal that could end the trade war, some are worried that the agreement may result in lost ...
Source: Global Times | 2019/3/21 20:03:40

Burning Chinese goods will hurt investors' confidence in India

While anti-China sentiment is on the rise, a key question for India is how to deal with made-in-China products: burning them, or replacing them with made-in-India products? The latter is ...
Source: Global Times | 2019/3/20 20:43:40