BUSINESS >>Eye on The Economy

If they must pick sides, tech firms will choose China

US President Donald Trump's latest confrontation with China's telecoms giant Huawei may plunge the world into a long-term technology “cold war,” forcing global companies to pick sides between the US ...
Source: Global Times | 2019/6/5 20:33:40

US, UK will both pay price for blocking Huawei in 5G

Several days before US President Donald Trump's long-delayed state visit, 5G finally landed in the UK. Last week, the BBC held the country's first live 5G broadcast with Huawei equipment, ...
Source: Global Times | 2019/6/4 20:08:41

Unreliable entity list to focus on US technology firms

Let's guess who is likely to be among the first batch of entities on China's “unreliable list” of foreign companies, organizations and individuals as the trade war with the US ...
Source: Global Times | 2019/6/3 19:58:40

An FTA with Beijing can facilitate Modi's economic goals

US President Donald Trump's decision to end US preferential trade treatment for India as of Wednesday is not surprising. The US merchandise trade deficit with India was $21.3 billion in ...
Source: Global Times | 2019/6/2 20:26:59

US tech firms' market shares a trump card for China

Now may be the time to worry about the tech-heavy NASDAQ as US President Donald Trump steps up his trade war by targeting Chinese technology companies such as Huawei.
Source: Global Times | 2019/5/30 21:13:40

Crackdown on smuggling first step in China-US rare-earth war

China must urgently intensify its crackdown on the smuggling of rare earths to the US. China indicated Tuesday night that it will keep options open for using rare-earth minerals as ...
Source: Global Times | 2019/5/29 20:57:07

Bilateral ties key as CPEC faces inflection point

China will always stand by Pakistan's “core interests” no matter how the international landscape changes, Chinese Vice President Wang Qishan has been quoted in media reports as saying. The remarks ...
Source: Global Times | 2019/5/28 22:03:40

India faces persistent challenges in Modi 2.0 era

As Narendra Modi gets his feet back under the desk for his upcoming second term as Indian prime minister, a set of deep-rooted problems is waiting for him. Perhaps the ...
Source: Global Times | 2019/5/27 22:16:26

Tweets don't tell truth of trade war's cost

Comments on the trade war have been made by pro-Trump radio host Bill Mitchell, who tweets things like: While US consumers purchase 80 percent of what the US makes here, ...
Source: Global Times | 2019/5/26 21:59:48

Industry chain can help retain rare-earth primacy

With the world watching closely as to whether China will use rare earths as countermeasures in the US-China trade war, news has emerged that Australian rare-earths producer Lynas Corp will ...
Source: Global Times | 2019/5/23 22:23:40

Europe has much to lose by following US on Huawei

Despite being blacklisted by the Trump administration, Huawei has reaffirmed its commitment to roll out 5G and expressed its wish to do it in “the European way.”
Source: Global Times | 2019/5/22 21:45:17

Huawei takes practical approach in face of pressure

While the US blockade of Huawei may seem like an extreme case, it is true that Chinese companies have been facing growing pressure globally, as when the world economy is ...
Source: Global Times | 2019/5/21 21:03:07

Nation must guard financial security amid trade war

The INSTEX mechanism set up by several European countries to skirt US sanctions on Iran can perhaps be used as a reference for China to hedge financial risks amid a ...
Source: Global Times | 2019/5/20 22:45:48

Beijing has tools to use against US soybean sector

The Trump administration's second package of aid for US farmers whose products may be targeted with tariffs by China is expected to total around $15 billion, but this is far ...
Source: Global Times | 2019/5/19 21:33:40

US need for rare earths an ace in Beijing's hand

Shares of rare-earth producers on Thursday led the stock markets in the Chinese mainland higher after the US decided not to increase tariffs on rare earths and other critical minerals ...
Source: Global Times | 2019/5/16 22:14:46

Currency war may test US in unforeseen ways

Beijing will be fully prepared if US President Donald Trump seeks a currency war with China.
Source: Global Times | 2019/5/15 21:54:53

China may regulate energy imports from the US

While many have been focusing on US farm produce since China announced new tariffs, less attention has been paid to energy exports.
Source: Global Times | 2019/5/14 21:17:22

US companies set to pay price of trade row with China

US-based software company Oracle attracted a lot of attention in recent days after firing hundreds of employees, mainly engineers, from its China team.
Source: Global Times | 2019/5/13 21:13:40