BUSINESS >>Eye on The Economy

Myanmar should improve investment environment to get more Chinese funds

While Myanmar suffers anxiety due to a sharp decline in foreign investment, China is seeing a boom in outbound investment. It is high time for Myanmar to ramp up efforts ...
Source: Global Times | 2017/2/15 0:13:40

Govt information key to easing public concerns over inland nuclear power plants

A media report saying that China is likely to restart the development of inland nuclear power plants attracted a lot of attention on Monday due to people’s negative perceptions and ...
Source: Global Times | 2017/2/13 23:48:40

Exporting Chinese manufacturing to Indonesia can boost ties for B&R initiative

Chinese smartphone manufacturer Xiaomi recently announced that it had started making handsets in Indonesia and the localization rate would reach 100 percent in 2017, media reports said. Chinese firms investing ...
Source: Global Times | 2017/2/13 0:08:39

China needs to include effective operations, not just construction, in African aid

The Tazara railway linking Tanzania and Zambia – once a flagship Chinese aid project built in the early 1970s – has been struggling amid sustained operational woes. According to a ...
Source: Global Times | 2017/2/9 23:48:39

Cooperation on the Belt and Road project could help strengthen China-UK ties

Why does China value the role of the UK in the One Belt One Road initiative? It is worth thinking about. Reuters reported on Wednesday that “China has invited British ...
Source: Global Times | 2017/2/9 0:03:39

China still needs to strengthen domestic economic issues before it overtakes the US

Will China and India become the world’s economic leaders by 2050? The answer from PricewaterhouseCoopers (PwC) is yes. According to its latest report, China could be the world’s largest economy ...
Source: Global Times | 2017/2/8 0:05:54

China won’t back down from building economic, commercial ties with Sri Lanka

It would not necessarily be a bad thing if healthy competition between China and India in the Sri Lankan market could be further stirred up. While China and Sri Lanka ...
Source: Global Times | 2017/2/6 23:51:20

China’s Belt and Road initiative provides fresh opportunity for Mongolia’s crisis

A recent article from Reuters reporting that “private citizens in Mongolia are donating cash, jewelry, gold and even horses” to help the government pay off its debts shows the severity ...
Source: Global Times | 2017/2/5 23:58:40

Beijing should assume leadership role in controlling piracy in Asian waterways

Philippine President Rodrigo Duterte recently asked China for help in the fight against Islamic militants by sending ships to patrol piracy-plagued waters in the Sulu Sea, according to media reports. ...
Source: Global Times | 2017/2/3 0:38:39

Chinese firms should start exporting managerial experience as well as technology

The State Grid Corp of China (SGCC) recently concluded a deal in which it took ownership of controlling stakes in Brazil’s largest power distributor CPFL Energia SA. However, that is ...
Source: Global Times | 2017/1/24 23:53:39

China, the Philippines should grasp opportunity to enhance bilateral cooperation

Philippine President Rodrigo Duterte is sending a high-ranking delegation to China to enhance economic cooperation, according to media reports. As the president extends an olive branch to China in an ...
Source: Global Times | 2017/1/23 23:58:39

Regardless of Trump policies, China will be a global leader in climate change

The different attitudes adopted by the US and China toward climate change have recently been made even more pronounced. While China reportedly canceled plans to build 103 coal-fired power plants, ...
Source: Global Times | 2017/1/23 0:08:39

China’s presence in Djibouti deserves respect for its positive influence in Africa

China’s presence in Djibouti, a strategic location in Africa, has always been seen as a microcosm of China’s engagement with Africa and has drawn close scrutiny from the outside world. ...
Source: Global Times | 2017/1/20 0:38:39

India should join China in promoting regional economic development in Nepal

China and Nepal have moved one major step forward in kickstarting a joint venture to build a long-delayed hydropower project in Nepal that has the potential to enhance regional energy ...
Source: Global Times | 2017/1/18 23:43:40

India should stop roadblocking and push forward RCEP pact for its economy

India should stop acting selfishly to roadblock the Regional Comprehensive Economic Partnership (RCEP) as it takes part in negotiations of the regional trade deal. The free trade agreement could not ...
Source: Global Times | 2017/1/18 0:13:39

China’s regulation of mobile platforms isn’t closing the door on foreign apps

China’s new rule that requires app stores to register with the government will prompt store owners to tighten control over the quality of apps and raise their threshold for selecting ...
Source: Global Times | 2017/1/16 23:48:39

China’s increasing presence in Sri Lanka will benefit all countries in South Asia

Domestic news portal cankaoxiaoxi.com reported over the weekend that Japanese media was saying China’s increasing presence in Sri Lanka’s Hambantota port is making Japan and India worried. It is understandable ...
Source: Global Times | 2017/1/16 0:18:39

Chinese deal with French firm Areva lends credibility to country’s nuclear sector

A potential investment by Chinese nuclear power firms in a spinoff of troubled French nuclear group Areva could help boost the financial capability of the French company and create more ...
Source: Global Times | 2017/1/12 23:53:39