BUSINESS >>Eye on The Economy

Yuan's unexpected rise against US dollar calls for caution, careful management

The yuan has strengthened against the US dollar in the past few months, an unexpected development for China, which was preoccupied with currency depreciation in 2016 and at the beginning ...
Source: Global Times | 2017/9/5 23:53:39

Lattice ruling would hinder China, US efforts to achieve their economic goals

Whether US President Donald Trump will follow the recommendation of a federal panel regarding the sale of an American technology company will give a clue as to how tough the ...
Source: Global Times | 2017/9/4 22:33:39

Divergence between China and the US in globalization signals uncertainty for world economy

Amid the co-existence of globalization and protectionism, China and the US, the world's top two trading nations, are headed in completely opposite directions in world trade, which poses great uncertainties ...
Source: Global Times | 2017/9/3 21:13:40

Working together can help BRICS members expand their engagement with Africa

Will the BRICS serve as economic drivers in Africa? It depends on the synergy force created when the BRICS countries – Brazil, Russia, India, China and South Africa – work ...
Source: Global Times | 2017/8/31 22:13:39

India's tax ruling on Hutchison-Vodafone deal would scare away Chinese investors

India's “tax attack” against a unit of Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings, based on untenable grounds, will inevitably backfire and dent New Delhi's efforts to lure foreign ...
Source: Global Times | 2017/8/30 21:43:39

Pragmatic approach can help India learn from China's economic development path

At a sensitive moment during the just-concluded military border stand-off in Doklam, an agenda released by Indian Finance Minister Arun Jaitley hailed China's economic muscle, according to the Hindustan Times. ...
Source: Global Times | 2017/8/29 23:48:39

Sino-Indian farm trade proposal is a new paradigm to safeguard the interests of developing countries

A joint proposal submitted by China and India recently to the WTO argues for a rule change in global farm trade, indicating that there is still scope for cooperation between ...
Source: Global Times | 2017/8/28 20:48:39

Rising use of industrial robots in China will revolutionize global production chain

It was supposed to be Southeast Asia and Africa that would replace China as low-end manufacturers in the global value chain, yet the rise of robots in China's factories raises ...
Source: Global Times | 2017/8/27 20:03:39

Joining forces can help Chinese, Indian drugmakers achieve healthy growth in Africa

Africa needs to import nearly 97 percent of the medicines it consumes, according to a China Trade News report on Thursday. For drugmakers in China and India, which are enthusiastic ...
Source: Global Times | 2017/8/24 22:03:40

India shouldn't see Nepal's economy as a strategic battlefield against China's influence

Nepal Prime Minister Sher Bahadur Deuba on Wednesday left for India on a five-day state visit during which the two countries are scheduled to sign four memoranda of understanding worth ...
Source: Global Times | 2017/8/23 21:48:39

Japan can't replace products from China in India's low-income consumer market

At this very sensitive moment, when Chinese and Indian troops are engaged in a stand-off in the Doklam region, India is preparing to host Japanese Prime Minister Shinzo Abe in ...
Source: Global Times | 2017/8/22 21:58:39

Unruly and unregulated, nation's Internet finance sector urgently needs supervision

Many say that winter is coming for China's Internet finance sector as the National Financial Work Conference in July emphasized strengthening supervision over the sector.
Source: Global Times | 2017/8/21 18:48:39

Trade didn't lead to North Korea's nuclear arms program; sanctions won't stop it

With Chinese traders along the border with North Korea suffering severe losses, China has been taking almost all the responsibility for the new economic sanctions the UN Security Council imposed ...
Source: Global Times | 2017/8/20 18:48:39

Enthusiasm for Ejiao can lead to opportunities for donkey-skin exporting countries

Millions of donkeys are killed every year around the world to satisfy demand from China, where their skins are used to make traditional medicine, sparking concerns over a decline in ...
Source: Global Times | 2017/8/17 22:08:39

IT import review by India yet another step in the wrong direction for bilateral ties

The Indian government has started a review of information technology (IT) imports from China, the Times of India reported on Wednesday, citing security and data leakage concerns amid an ongoing ...
Source: Global Times | 2017/8/16 22:08:39

Kweichow's stellar stock market run signals success of nation's economic transition

Shares of China's famed premium liquor maker Kweichow Moutai hit an all-time high of 501.1 yuan ($75.05) in Tuesday trading, cementing its position as the most expensive stock in the ...
Source: Global Times | 2017/8/15 23:08:39

China should offer more generous aid to Nepal amid Sino-Indian border dispute

Chinese Vice Premier Wang Yang's official visit to Nepal, which runs from Monday to Thursday, has put the Himalayan country under the spotlight, given the ongoing border standoff between China ...
Source: Global Times | 2017/8/14 22:48:39

India's ill-considered move on anti-dumping duties risks igniting trade war with China

A trade war between China and India seems to be looming after the latter moved last Wednesday to impose anti-dumping duties on 93 products from China. Now Chinese companies must ...
Source: Global Times | 2017/8/13 20:03:39