BUSINESS >>Eye on The Economy

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

Russia's LNG project may mean 'golden age' for energy cooperation with China

The market has perhaps read too much into Russia's $27 billion gas project in the Arctic, which has been described by Western media as a symbol of Moscow's efforts to ...
Source: Global Times | 2017/12/10 21:28:39

Sino-Venezuelan lawsuit shows bilateral relationship based on commercial principles

Some media outlets are interpreting a lawsuit filed by Sinopec in the US against Venezuelan state oil company PDVSA as a sign of China's growing impatience over the ailing economy ...
Source: Global Times | 2017/12/7 22:38:39

More involvement needed by Chinese SMEs to generate employment in B&R markets

As Chinese companies' mega infrastructure projects encounter setbacks in some neighboring countries, it may be time for China to put more emphasis on encouraging the overseas development of its small ...
Source: Global Times | 2017/12/6 20:53:39

Crackdown on illegal overseas fund movements key to avoiding 'Minsky Moment' in China

While maintaining strict capital controls, China should also step up its crackdown on underground banking and other means of evading limits on capital outflows, all of which are crucial in ...
Source: Global Times | 2017/12/5 20:33:40

Tax cuts do little to boost US manufacturing and pose no threat to China's cost advantage

The tax bill passed by the US Senate over the weekend has little chance to restore the US' status as a leading manufacturing power and bring back factory jobs, although ...
Source: Global Times | 2017/12/4 21:18:39

India shouldn't be overly nervous about China-Maldives free trade agreement

The free trade agreement (FTA) that the Maldives signed last week with China has attracted a lot of attention, with concerns being expressed by Indian media about China's growing presence ...
Source: Global Times | 2017/12/3 23:08:39

Japan's shifting attitude on Belt and Road shows importance of ties with China

The Japanese government appears to have readjusted its attitude toward the China-proposed Belt and Road (B&R) initiative, a development that underscores the country's increasing awareness of the importance of the ...
Source: Global Times | 2017/11/30 22:08:40

Regional economic development gets a boost as India, Pakistan attend SCO summit

The summit of the Shanghai Cooperation Organization (SCO), scheduled to be held on Thursday and Friday in Sochi, Russia will be the first to have India and Pakistan as full ...
Source: Global Times | 2017/11/29 22:43:40

India's radical demonetization reform the wrong means to achieve long-term goals

While India's abrupt demonetization of high-value banknotes in November 2016 appears to have failed to achieve the intended objective of eliminating black money, the move did have some positive impact ...
Source: Global Times | 2017/11/28 23:18:39

Child abuse cases cast harsh light on private provision of public services in China

Recent news of alleged child abuse in kindergartens and daycare centers has shocked China and sparked public outrage, begging the question of whether private capital can be trustworthy in providing ...
Source: Global Times | 2017/11/27 22:03:40

Bicycle-sharing failures underscore need for increased regulatory control in China

As China's bicycle-sharing boom appears to have ground to a halt, it has become especially urgent for Chinese financial regulators to keep a closer eye on the sharing sector.
Source: Global Times | 2017/11/26 22:18:39

Increasing travel can be 'glue' that binds Chinese, Cambodian people closer together

Tourism is a core industry for Cambodia's economy, which is expected to expand 6.8 percent this year. With the tourism boom, Chinese investment is likely to inject new momentum for ...
Source: Global Times | 2017/11/23 22:48:40

India needn't be overly sensitive to Tibet's plan to develop hydropower resources

China has recently dammed a river in Southwest China's Tibet Autonomous Region for the construction of the Suwalong hydropower station, the first hydropower project investment that will push forward a ...
Source: Global Times | 2017/11/22 23:13:39

Critics overlook economic benefits to Africa of China's support base in Djibouti

The Chinese People's Liberation Army's support base in Djibouti has once again sparked concern over Beijing's military buildup, and the state visit of Djibouti President Ismail Omar Guelleh to China, ...
Source: Global Times | 2017/11/21 22:33:39

Early delivery of RCEP could increase demand for new port facilities in Asia-Pacific

As Southeast Asian countries engage in fierce competition for investment in port construction, issues such as excessive infrastructure construction deserve attention.
Source: Global Times | 2017/11/20 22:18:40

China-Europe cargo trains can build links along regional markets, promote B&R

As more cargo trains link China and Europe, more efforts are needed to transform the transcontinental cargo trail into a new platform for Europe's commodities to reach the world along ...
Source: Global Times | 2017/11/19 22:38:40

Relations with Philippines offer fertile ground for cooperation, joint economic benefit

The Sino-Philippine relationship has entered a new stage of mutual benefit, with fruitful results achieved in pragmatic cooperation in multiple fields.
Source: Global Times | 2017/11/16 23:18:39