BUSINESS >>Eye on The Economy

Smaller economies can use Belt and Road initiative as leverage to attract investment

Djibouti, one of Africa's smallest countries, has recently become home to the continent's largest free trade zone (FTZ) with Chinese backing, attracting attention to China's cooperation with the nation strategically ...
Source: Global Times | 2018/7/5 22:38:41

Cooperation with Southeast Asia, B&R countries can help China avoid US tariffs

US tariffs on $34 billion of Chinese imports are set to take effect on Friday. Routing Chinese goods through Southeast Asian countries may help to avoid tariffs on Chinese exports.
Source: Global Times | 2018/7/4 23:08:41

Market volatility won't bring financial crisis in China, but risk prevention, fine-tuning needed

In a statement posted on the website of China's central bank, Governor Yi Gang said Tuesday that China has been closely watching recent volatility in the foreign exchange market and ...
Source: Global Times | 2018/7/3 22:58:40

Vietnam could see 'Asian tiger' success if it continues opening its markets, handle disputes

Vietnam's manufacturing activity saw one of its biggest improvements in June since the survey began in March 2011, Nikkei Asian Review reported on Monday. Vietnam is now in a critical ...
Source: Global Times | 2018/7/2 23:33:39

Rejecting funding with Chinese connections will backfire on US high-technology sector

Chinese e-commerce giant Alibaba is reportedly scaling back its presence in Silicon Valley in the US, at a time when US President Donald Trump is tightening control on inbound investment ...
Source: Global Times | 2018/7/1 22:12:41

US may find visible and invisible trade barriers with China increasing as tariffs drop for rivals

If US President Donald Trump continues to drag the US into a trade war with China, we cannot rule out the possibility that China might fine-tune its foreign trade policy ...
Source: Global Times | 2018/6/28 22:53:40

No need for Chinese investors to rush into North Korea before UN sanctions are lifted

Chinese investors are paying close attention to North Korea's economic situation in search of potential business opportunities, but they may have to temper their enthusiasm.
Source: Global Times | 2018/6/28 0:23:39

Beijing must offer subsidies and policy support to companies harmed by US tariffs

Trade frictions between China and the US continue to escalate. Now, it's time for China to take further self-defense measures including offering fair subsidies for the companies and industries that ...
Source: Global Times | 2018/6/26 23:28:41

US technology investment barriers will push a closer tie between China, EU

US President Donald Trump plans to ratchet bilateral economic tensions higher by barring many Chinese companies from investing in key technologies in the US and blocking additional technology exports to ...
Source: Global Times | 2018/6/25 22:53:40

Progress in Qinghai-Tibet Railway the start of closer trade ties between China, Nepal

China-made locomotives recently replaced US rolling stock to run on the plateau railway linking Lhasa in Southwest China's Tibet Autonomous Region and Golmud in Northwest China's Qinghai Province, a piece ...
Source: Global Times | 2018/6/24 22:03:40

Broader cooperation with China is in the interests of Cambodia's economy, people

China's relations with Cambodia have been in the media spotlight, following reports that Beijing will provide more than $100 million in military assistance, after a visit by Chinese Defense Minister ...
Source: Global Times | 2018/6/21 22:48:40

There's chance China might adopt hard-line approach targeting Dow Jones index giants

Will the US stock market be immune to an escalation of trade friction between China and the US? The answer is probably not. Now the question US President Donald Trump ...
Source: Global Times | 2018/6/20 21:28:42

Nepal rail project can also bring China, India closer together on trade relations

At the invitation of Chinese Premier Li Keqiang, Nepalese Prime Minister K.P. Sharma Oli is paying an official visit to China from Tuesday to Sunday. During Oli's visit, cooperation on ...
Source: Global Times | 2018/6/19 22:28:39

Economic ties between China, Denmark will thrive without political prejudice

The Danish government has been concerned that Chinese involvement in Greenland's airport projects could upset the US, Reuters reported recently, but Washington's interests can't be an excuse to prevent Chinese ...
Source: Global Times | 2018/6/18 22:33:40

Building sound economic fundamentals is the best way to allay a currency crisis in Pakistan

Pakistan's central bank recently devalued the Pakistani rupee for the third time in six months, stoking concerns that the country may have to go to the IMF for a bailout.
Source: Global Times | 2018/6/16 9:31:14

Relaunching Myitsone Hydropower dam could win investor confidence in Myanmar

Myanmar President U Win Myint on Thursday started a visit to Thailand, where he will attend the 8th Ayeyawady-Chao Phyra Mekong Economic Cooperation Strategy (ACMECS) Summit.
Source: Global Times | 2018/6/14 21:23:40

Getting North Korea on board Belt & Road initiative will be easier than expected

Many think that infrastructure in North Korea is in a dilapidated state, but data from the US Central Intelligence Agency (CIA) tells a different story and one that indicates that ...
Source: Global Times | 2018/6/13 22:43:40

Singapore's opening-up serves as a model for North Korea to modernize its economy

North Korean leader Kim Jong-un has been quoted as saying that he was impressed by Singapore's economic development and will learn from the country, Reuters reported on Tuesday, citing North ...
Source: Global Times | 2018/6/12 22:23:40