BUSINESS >>Eye on The Economy

China should continue exchange rate reform despite multimillionaires’ zeal for dollars

There has been a lot of discussion about China’s rising income and wealth inequality, but less attention has been paid to its impact on the yuan’s depreciation. The latest finding ...
Source: Global Times | 2016/11/8 23:43:40

China displays its maturing arms-export industry at recent Zhuhai air show

Although China is a newcomer to the world’s arms market, the country may soon challenge the dominant status the US holds in the sector.
Source: Global Times | 2016/11/7 23:53:39

China’s regional economic integration efforts make the country a key Asia player

While the Philippines and Malaysia engage China to maximize their economic interest, India and other Asian countries should rethink their strategy toward China as well.
Source: Global Times | 2016/11/7 0:18:39

Hong Kong should not allow political chaos to damage its economic possibilities

Concerns about Hong Kong’s economic prospects have been reignited after an index tracking the health of the city’s private sector economy posted a sharp decline in October. The data comes ...
Source: Global Times | 2016/11/4 0:08:39

Delaying tariff concessions to Chinese imports will hurt, not help, Indian economy

It is far from a good time for Indian politicians to celebrate a victory in the battle against the entry of Chinese goods into India. Instead, they need to decide ...
Source: Global Times | 2016/11/3 0:38:40

Counterfeit notoriety won’t get in way of Alibaba’s journey to global expansion

It seems nothing can prevent the Alibaba empire from expanding further around the globe, not even the controversy of counterfeit products being sold on its platform that compromises its reputation. ...
Source: Global Times | 2016/11/2 0:03:39

Government intervention could help drive high-tech development and innovation in China

When it comes to replicating Silicon Valley’s success is government intervention to be blamed for holding back China’s ability to innovate?
Source: Global Times | 2016/10/31 23:58:40

An electronic world trade platform would help make ‘Taobao village’ a global phenomenon

The “Taobao village” phenomenon, which mirrors the profound economic and social changes in China’s rural areas caused by the Internet and e-commerce, has sparked innovative thinking in addressing inequality – ...
Source: Global Times | 2016/10/30 23:28:39

Failure to ratify the TPP will require Washington to rethink its strategy in Asia

The US-led Trans-Pacific Partnership (TPP) free trade agreement is doomed to fail because of the antipathy of the American public against free trade, ensuring Washington can no longer exert its ...
Source: Global Times | 2016/10/28 0:08:39

Belt and Road initiative will be unsustainable if it fails to boost global trade growth

Some Chinese merchant ships have been stuck at Chiang Saen Port in northern Thailand for several months due to lack of business, Chinese online financial magazine Caixin reported Wednesday. In ...
Source: Global Times | 2016/10/27 0:13:39

Japan ties pose no risk to China’s economic relationship with the Philippines

Observers are closely watching Philippine President Rodrigo Duterte’s ongoing visit in Japan – the strongest US ally in Asia and China’s most formidable Asian competitor – with some wondering if ...
Source: Global Times | 2016/10/26 0:13:39

India may face an uphill battle as it attempts to woo Chinese component manufacturers

Following recent reports from the Indian media that the Modi administration is wooing more Chinese component firms to begin manufacturing in the South Asian nation, observers have turned their eyes ...
Source: Global Times | 2016/10/25 0:03:40

Improving social welfare is critical for China to avoid the middle-income trap

Will China get caught in the middle-income trap due to the negligence of improving social welfare?
Source: Global Times | 2016/10/24 0:08:39

WTO’s anti-dumping ruling signals China’s rising role in the international organization

It seems China is ready for a change in its role in the World Trade Organization (WTO) and global trade system.
Source: Global Times | 2016/10/21 0:13:39

China should show tolerance for yuan depreciation and promote market reforms

The Chinese yuan should be allowed to further depreciate against the US dollar if the depreciation is a result of automatic corrections under the impact of market supply and demand.
Source: Global Times | 2016/10/19 23:38:40

Samsung’s Galaxy Note 7 crisis opens the door to more market share for China’s Huawei

Will Chinese telecom equipment maker Huawei surpass South Korea’s Samsung in the global smartphone market following the latter’s Note 7 crisis? It may be worth thinking about.
Source: Global Times | 2016/10/19 0:13:39

China's 'going out' strategy faces skepticism from foreign governments

Can money buy assets? The Chinese business elite may be being naïve if they feel that the answer is a simple yes.
Source: Global Times | 2016/10/18 0:23:39

Foreign countries shouldn’t assume that Chinese private firms have govt backing

A Chinese firm’s controversial project to build a massive inter-oceanic canal in Nicaragua, in a bid to offer an alternative to the Panama Canal, has encountered stiff resistance from the ...
Source: Global Times | 2016/10/17 0:48:39