BUSINESS >>Eye on The Economy

Cooperation on the Belt and Road project could help strengthen China-UK ties

Why does China value the role of the UK in the One Belt One Road initiative? It is worth thinking about. Reuters reported on Wednesday that “China has invited British ...
Source: Global Times | 2017/2/9 0:03:39

China still needs to strengthen domestic economic issues before it overtakes the US

Will China and India become the world’s economic leaders by 2050? The answer from PricewaterhouseCoopers (PwC) is yes. According to its latest report, China could be the world’s largest economy ...
Source: Global Times | 2017/2/8 0:05:54

China won’t back down from building economic, commercial ties with Sri Lanka

It would not necessarily be a bad thing if healthy competition between China and India in the Sri Lankan market could be further stirred up. While China and Sri Lanka ...
Source: Global Times | 2017/2/6 23:51:20

China’s Belt and Road initiative provides fresh opportunity for Mongolia’s crisis

A recent article from Reuters reporting that “private citizens in Mongolia are donating cash, jewelry, gold and even horses” to help the government pay off its debts shows the severity ...
Source: Global Times | 2017/2/5 23:58:40

Beijing should assume leadership role in controlling piracy in Asian waterways

Philippine President Rodrigo Duterte recently asked China for help in the fight against Islamic militants by sending ships to patrol piracy-plagued waters in the Sulu Sea, according to media reports. ...
Source: Global Times | 2017/2/3 0:38:39

Chinese firms should start exporting managerial experience as well as technology

The State Grid Corp of China (SGCC) recently concluded a deal in which it took ownership of controlling stakes in Brazil’s largest power distributor CPFL Energia SA. However, that is ...
Source: Global Times | 2017/1/24 23:53:39

China, the Philippines should grasp opportunity to enhance bilateral cooperation

Philippine President Rodrigo Duterte is sending a high-ranking delegation to China to enhance economic cooperation, according to media reports. As the president extends an olive branch to China in an ...
Source: Global Times | 2017/1/23 23:58:39

Regardless of Trump policies, China will be a global leader in climate change

The different attitudes adopted by the US and China toward climate change have recently been made even more pronounced. While China reportedly canceled plans to build 103 coal-fired power plants, ...
Source: Global Times | 2017/1/23 0:08:39

China’s presence in Djibouti deserves respect for its positive influence in Africa

China’s presence in Djibouti, a strategic location in Africa, has always been seen as a microcosm of China’s engagement with Africa and has drawn close scrutiny from the outside world. ...
Source: Global Times | 2017/1/20 0:38:39

India should join China in promoting regional economic development in Nepal

China and Nepal have moved one major step forward in kickstarting a joint venture to build a long-delayed hydropower project in Nepal that has the potential to enhance regional energy ...
Source: Global Times | 2017/1/18 23:43:40

India should stop roadblocking and push forward RCEP pact for its economy

India should stop acting selfishly to roadblock the Regional Comprehensive Economic Partnership (RCEP) as it takes part in negotiations of the regional trade deal. The free trade agreement could not ...
Source: Global Times | 2017/1/18 0:13:39

China’s regulation of mobile platforms isn’t closing the door on foreign apps

China’s new rule that requires app stores to register with the government will prompt store owners to tighten control over the quality of apps and raise their threshold for selecting ...
Source: Global Times | 2017/1/16 23:48:39

China’s increasing presence in Sri Lanka will benefit all countries in South Asia

Domestic news portal cankaoxiaoxi.com reported over the weekend that Japanese media was saying China’s increasing presence in Sri Lanka’s Hambantota port is making Japan and India worried. It is understandable ...
Source: Global Times | 2017/1/16 0:18:39

Chinese deal with French firm Areva lends credibility to country’s nuclear sector

A potential investment by Chinese nuclear power firms in a spinoff of troubled French nuclear group Areva could help boost the financial capability of the French company and create more ...
Source: Global Times | 2017/1/12 23:53:39

China should answer call for greater market openness, reciprocity for foreign firms

The perception of unbalanced market access between China and the EU risks fueling protectionist backlash against Chinese overseas investment and creating new sources of friction. Chinese policymakers need to ...
Source: Global Times | 2017/1/12 0:43:39

Trump's push for jobs should not be at the cost of killing jobs in developing countries

The US’ effort to create more jobs at home should not be done at the cost of killing jobs in developing countries such as China and Mexico. Taking back manufacturing ...
Source: Global Times | 2017/1/11 0:13:39

India should focus on manufacturing industry and Asian supply chain for growth

It would be naïve for India to assume that its economy will boom if it draws closer to the upcoming Trump administration amid a pending trade war between Beijing and ...
Source: Global Times | 2017/1/9 23:58:39

China should deepen car industry ties with Mexico following Ford’s decision

The pullout of US carmaker Ford from a deal with Mexico will trigger a supply chain reshuffle and create a valuable opportunity for Chinese automakers to expand into Mexico. Instead ...
Source: Global Times | 2017/1/9 0:08:39