BUSINESS >>Eye on The Economy

Colombo complex can benefit all parties using Indian Ocean shipping lanes

While many have been focusing on the Chinese “label” on a $1 billion project near Sri Lanka's main port of Colombo, less attention has been paid to the economic logic ...
Source: Global Times | 2018/1/4 22:28:41

China building new world of trade rules to serve changing needs

In 2018, China is likely to make great strides in promoting free trade agreements (FTAs) that will frame new rules and norms governing global trade and investment. China will pursue negotiations ...
Source: Global Times | 2018/1/3 23:13:39

Better industrial, trade policies can help India cut unemployment among youth

A recent article posted by the Indian Express revealed the sluggish pace of job creation in India in recent years, citing multiple data. Since the country has experienced rapid population ...
Source: Global Times | 2018/1/2 23:08:39

Australia overstates security concerns of Huawei link to Solomons

Australia may be oversensitive to China's growing presence in the Solomon Islands. According to a recent report from the Financial Times (FT), Canberra is poised to block a deal under ...
Source: Global Times | 2018/1/1 22:58:39

China's rising influence in global economy instilling hope in opportunity takers

China is seen by many observers as the country with the greatest potential in the world in 2018. The economic rise of China and its growing influence in international affairs ...
Source: Global Times | 2017/12/28 21:58:39

Troubles of Baha Mar project show Chinese contractors need management voice

Baha Mar resort in the Bahamas has again made headline news as its original developer, BML Properties, has filed a lawsuit against China Construction America Inc (CCA), the contractor of ...
Source: Global Times | 2017/12/27 22:28:40

Race for clean energy may determine victory in 'dragon-elephant' competition

With a growing middle class and a booming economy, India is widely considered as the world's next center of oil demand growth. However, Indian Prime Minister Narendra Modi said recently ...
Source: Global Times | 2017/12/26 21:23:39

Tibet's economic development due for more attention

China's annual central conference on rural work, which will set the tone for next year's agricultural and rural development, will convene in Beijing soon. Revitalizing the countryside is expected to ...
Source: Global Times | 2017/12/25 23:23:40

Deflate sharing-economy bubbles to avert wider risk in China

With a surge in bankruptcies in the so-called sharing economy, avoiding further inflation of bubbles should be a major theme of China's economic policies next year.
Source: Global Times | 2017/12/24 21:33:39

Deficient management core reason for fatal high-speed rail crash in US

After the deadly Amtrak derailment in the US state of Washington, US President Donald Trump tweeted that the accident underscores the need for his infrastructure plan. But it's misleading to ...
Source: Global Times | 2017/12/21 23:58:14

Expanding exports of US farm products wrong way to cut trade deficit with China

The US merchandise trade deficit with China has reportedly risen to its second-highest level on record. This scenario might trigger renewed complaints and protectionism in the US and increase the ...
Source: Global Times | 2017/12/20 23:53:39

Chinese investors need greater clarity on UK trade, investment position in post-Brexit era

As the UK looks to strengthen ties with China after leaving the EU, China hopes that the country will wrap up its Brexit negotiations as soon as possible to end ...
Source: Global Times | 2017/12/20 0:33:39

Excessively high valuations for Chinese Internet companies raise specter of dotcom bust

While Chinese Internet-related IPOs have been getting high valuations in overseas markets, domestic regulators shouldn't forget the dotcom bubble of the late 1990s. Any repeat of that spectacular boom and ...
Source: Global Times | 2017/12/18 22:23:40

Australian firms concerned by Turnbull government's stance toward China

Australian businesses in China are reportedly keeping a low profile as they worry about possible consumer boycotts in the Chinese market, a development underlining rising bilateral tensions.
Source: Global Times | 2017/12/17 23:53:39

Gujarat election may signal voters' support for India's ongoing economic reform

The western Indian state of Gujarat went to the polls for the second phase of the Assembly elections on Thursday, and many observers in China are watching the outcome closely, ...
Source: Global Times | 2017/12/14 21:28:39

Google's Beijing AI center can become global talent magnet

Google announced Wednesday that it is opening an artificial intelligence (AI) research center in Beijing. This may serve as a springboard for China to attract top-ranking talent from around the ...
Source: Global Times | 2017/12/13 21:58:40

India's schools must change to help industrial upgrading

An unemployment dilemma is brewing in India, but the country may have gotten onto the wrong track in creating jobs for its youth.
Source: Global Times | 2017/12/12 22:13:39

Fair treatment required for Chinese bidders involved in Australian energy deals

A bidding war has developed for Sydney-based natural gas explorer AWE after Australian Mineral Resources made an all-share takeover offer, Bloomberg News reported on Monday, following a A$463 million ($348 ...
Source: Global Times | 2017/12/11 21:18:39