BUSINESS >>Eye on The Economy

Despite difficulties, Alibaba’s efforts against fake goods are good for business

Alibaba’s latest move to sue two vendors for selling fakes on its e-commerce platforms deserves a big applause. The fact that the suit is the e-commerce giant’s first legal action ...
Source: Global Times | 2017/1/5 23:53:39

Possible US protectionist moves could help grow China’s semiconductor industry

A possible export control and curb on Chinese investment in the US semiconductor sector won’t be a disaster for China, instead it will likely boost China’s semiconductor industry and ...
Source: Global Times | 2017/1/5 0:08:39

China should focus on manufacturing upgrade amid rising competition from India

As US President-elect Donald Trump pledges to bring manufacturing jobs back to the US, China’s competitors seem to be further expanding as an Apple manufacturing partner is working to build ...
Source: Global Times | 2017/1/4 0:03:40

China’s government needs to mind public confidence to ease pressure on yuan

China’s new rules on cash transactions drew heated discussions over the New Year holiday. While huge crowds gathered on New Year’s Eve to say goodbye to 2016, senior officials at ...
Source: Global Times | 2017/1/2 23:33:39

China should tackle CPEC disputes by inviting more countries to join and invest

The 6th Joint Cooperation Committee of the China-Pakistan Economic Corridor (CPEC) was held on Thursday in Beijing to discuss various issues, which likely included the introduction of new projects into ...
Source: Global Times | 2016/12/30 0:23:39

Closer manufacturing ties with China could help boost slowing Vietnam economy

The likely impending failure of the TPP may create business opportunities to interconnect the two countries’ manufacturing sectors. Authorities at all levels and non-government business associations should play a bigger ...
Source: Global Times | 2016/12/29 0:28:39

China needs to prepare for trade friction with countermeasures, greater domestic demand

China is expected to face increasing trade friction in 2017 and the country should take steps to prepare before its exports suffer a severe blow.
Source: Global Times | 2016/12/28 0:18:40

China’s anti-monopoly efforts aim to create an equitable business environment

China will maintain its opening-up and continue to welcome foreign investment, but companies doing business in China must abide by the local laws and regulations. Compared with US and EU ...
Source: Global Times | 2016/12/27 0:24:09

LMC can be used as example for China to handle trans-boundary river disputes

With persistent concerns expressed by India about China’s exploitation of the Yarlung Zangbo River, upstream from the Brahmaputra River in India, officials and scholars should study the possibility of borrowing ...
Source: Global Times | 2016/12/26 0:23:39

India should join CPEC to ease tensions with Pakistan and boost growth

Such an opportunity could be transient. There is a possibility that the open attitude toward India joining the CPEC will quickly be overwhelmed by opposition voices from Pakistan if New ...
Source: Global Times | 2016/12/23 0:23:40

Singapore should focus more on Asia-Pacific region amid rising protectionism

Singapore’s economy is expected to further slowdown in the coming months as it battles headwinds, such as the likelihood that US President-elect Donald Trump will exit the Trans-Pacific Partnership (TPP) ...
Source: Global Times | 2016/12/22 0:28:39

China should speed up tax reform to remain competitive against other markets

China should speed up its own tax reform to reduce operating costs for manufacturers before the country is under pressure from a new round of international competition over tax cuts.
Source: Global Times | 2016/12/21 0:43:39

Politics of Pakistan election won’t significantly affect Chinese efforts in the country

Although the complex political situation in Pakistan has hindered China’s efforts to shore up investment cooperation and push forward the China-Pakistan Economic Corridor (CPEC), Beijing’s efforts in the country will ...
Source: Global Times | 2016/12/20 0:48:39

China-Thai railway project can serve as an example for expanded Asia network

The construction of this initial section is aimed at encouraging China-Thailand cooperation which can play an exemplary role in expediting the build-up of railway networks in Asia. China should make ...
Source: Global Times | 2016/12/19 0:33:39

China should consider TPP in order to have greater influence on regional affairs

If China can replace the US in the TPP, Beijing will probably have greater influence than Washington does over regional Asia-Pacific economic affairs. However, China does not want to see ...
Source: Global Times | 2016/12/15 23:58:41

Chinese government should stabilize currency to restore confidence in economy

China should consider stepping up capital controls and curbing excessive speculation on the yuan in the foreign exchange market as people rush to buy dollars. The government has the obligation ...
Source: Global Times | 2016/12/15 0:38:39

Donald Trump’s challenges to China will impact economic ties and US businesses

Trump’s challenges to China will cause complaints from those countries if their companies suffer losses. Global industrial chains cannot be changed overnight and the president-elect will be seen as a ...
Source: Global Times | 2016/12/14 0:03:39

EU, China should push more global economic expansion amid protectionism

The global economy will suffer a severe blow if major economies are forced to fight protectionism from the US. If there is a trade war it would likely result in ...
Source: Global Times | 2016/12/13 0:13:40