BUSINESS >>Eye on The Economy

Huawei can bear cost of broken US promises

As face-to-face trade talks between China and the US resumed this week in Shanghai, US actions to fulfill its commitment involving Chinese telecom company Huawei will help advance consultations that ...
Source: Global Times | 2019/7/30 21:53:40

Diversifying reserves is first step in decoupling

China's massive foreign exchange reserves have drawn attention as the country for the first time disclosed its rate of return on investment, which suggested a further diversification of its reserve ...
Source: Global Times | 2019/7/29 21:32:46

Compromise in trade talks can't be one-way street

A widespread online article saying China will become the only nation in the history of the world that allows foreign capital to control its state-owned banks has generated vigorous debate. ...
Source: Global Times | 2019/7/28 20:03:39

China's satellites help ease flood woes in India

China and India are moving to share satellite data involving natural disaster relief, at a time when the South Asian nation is under pressure to find long-term solutions to its ...
Source: Global Times | 2019/7/25 20:28:41

Space offers new scope for China-India cooperation

India is likely to hold its first simulated space warfare exercise this week, according to the Times of India (TOI), after the country took a giant leap into space on ...
Source: Global Times | 2019/7/24 20:03:40

Will China's farm goods purchase signal a trade deal?

Chinese importers are considering new purchases of US farm products, but it would be simplistic or premature to claim that the trade dispute between the US and China over agricultural ...
Source: Global Times | 2019/7/23 21:03:40

Foreign investors on sidelines while STAR board soars

China's new NASDAQ-style tech board – the Science and Technology Innovation Board, or STAR Market – opened for trading on Monday with a resounding start, but most overseas investors missed ...
Source: Global Times | 2019/7/22 21:28:40

Better US-Pakistan relations no loss for Beijing

US President Donald Trump is scheduled to hold his first meeting with Pakistani Prime Minister Imran Khan in Washington on Monday. The White House invitation to Pakistan represents the US' ...
Source: Global Times | 2019/7/21 21:33:40

Cutting Treasury debt must remain option for China

The US-China trade war has generated heated debate over whether China will weaponize its holdings of US Treasury debt by dumping these securities into the market. Efforts are needed to avoid ...
Source: Global Times | 2019/7/18 21:38:42

Economic shift helps China gain bargaining power

For those who are eager to sell goods in China amid the trade war, we can tell them – don't rush.
Source: Global Times | 2019/7/17 20:10:27

Internationalization of yuan can boost HK status as offshore financial hub

Beneath the recent unrest in the Hong Kong Special Administrative Region lie concerns about capital outflows. A private banking source in Hong Kong said that the super-rich have begun to ...
Source: Global Times | 2019/7/16 20:24:20

Rare earths can be deterrent without ban on exports

The Pentagon is rapidly assessing the rare-earths output in the US, according to Reuters. The move comes after China indicated that it will keep its options open for using rare-earth ...
Source: Global Times | 2019/7/15 19:08:42

Technology war can spur talent flow from US to China

Chinese telecom giant Huawei is planning extensive layoffs at its US operations, the Wall Street Journal reported over the weekend. But don't worry – Chinese-American researchers are welcome to come ...
Source: Global Times | 2019/7/14 19:53:40

World must weigh moves as Trump pressures Fed

US Federal Reserve Chairman Jerome Powell on Wednesday signaled that the Fed would likely cut interest rates as soon as this month. It's highly unusual for the Fed to lower ...
Source: Global Times | 2019/7/11 21:18:40

Exports, not barriers, can help India cut trade gap

US President Donald Trump said Tuesday that “India has long had a field day putting Tariffs on American products. No longer acceptable!” If the US starts a trade war with ...
Source: Global Times | 2019/7/10 20:58:40

Luring Chinese VC firms back for start-ups urgent amid trade war

Chinese venture capital (VC) investment in US biotech companies fell by more than 50 percent in the first half of the year, the Financial Times reported Tuesday, as Chinese investment ...
Source: Global Times | 2019/7/9 21:18:40

India support crucial for BCIM economic corridor

China and Bangladesh have agreed to advance cooperation on the Belt and Road Initiative (BRI), but in order to reach its full potential in the region, it will need support ...
Source: Global Times | 2019/7/8 21:13:40

As US shuns skilled Indian staff, China opens arms

As the US tightens controls over H1B visas, Indian engineers are welcome to work and live in China.
Source: Global Times | 2019/7/7 20:38:52