BUSINESS >>Eye on The Economy

Turmoil in Zimbabwe shows overseas investment risks require closer scrutiny

Explosions were reportedly heard on Wednesday in Harare, capital of Zimbabwe, with soldiers blocking main roads in the city and taking over the headquarters of the state broadcaster. Amid the ...
Source: Global Times | 2017/11/16 0:38:39

Foreign firms need to adjust themselves to suit China's new round of opening up

China's opening-up policies are entering a new stage as the government has just announced it would relax a broad range of limits on foreign ownership in multiple sectors.
Source: Global Times | 2017/11/14 21:53:41

Renovation of India's railway system must be guided by market needs, principles

With work about to start on India's first bullet train project linking Mumbai and Ahmedabad, the country is set to take a great leap in rail infrastructure in the years ...
Source: Global Times | 2017/11/13 22:46:17

TPP goes ahead in principle, but faces big challenges without US participation

While trade ministers of the 11 countries that remain in the Trans-Pacific Partnership (TPP) agreed on Friday to push ahead with the free-trade pact without the US, it will still ...
Source: Global Times | 2017/11/12 19:03:39

India's economic reforms should cater to small businesses

Tuesday was the eve of the first anniversary of India's demonetization drive, with former prime minister Manmohan Singh delivering a harsh rebuke of the controversial initiative.
Source: Global Times | 2017/11/9 22:08:39

Shoppers' enthusiasm for e-commerce grows in Southeast Asia, but barriers remain

With China about to be gripped by its annual online shopping frenzy on Saturday, some observers may wonder if the same scenario will play out in Southeast Asia, where is ...
Source: Global Times | 2017/11/8 22:28:39

Cooperation between China, India can improve prospects for Sri Lankan economy

Recent moves by China to improve the infrastructure in South Asia have resulted in India following in its footsteps. In theory, this is a good thing for local economies, but ...
Source: Global Times | 2017/11/8 0:23:39

Proposed electricity super grid can bring real connectivity to Asian economies

The plan for a massive energy “super grid” crossing several countries in Asia has been given a boost after receiving an endorsement from the head of South Korea's state-run power ...
Source: Global Times | 2017/11/6 23:33:39

Despite controversy, China's expanding presence in Africa aids continent's growth

China's increasing presence in Africa has not been without controversy. Last week, West Africa's Cote d'Ivoire completed the installation of its largest hydropower station, which was financed by a low-interest ...
Source: Global Times | 2017/11/5 21:43:40

Energy cooperation an area where Beijing, Washington can work together for mutual gains

Despite uncertainties over policy affecting high-technology fields, China and the US are likely to see tangible results in energy trade during US President Donald Trump's November 8 to 10 state ...
Source: Global Times | 2017/11/2 22:28:40

Expanding US trade with India will face market barriers, underdeveloped conditions

US President Donald Trump is reportedly scheduled to meet Indian Prime Minister Narendra Modi ahead of the East Asia Summit in Manila, although the former will skip India during his ...
Source: Global Times | 2017/11/1 21:33:39

Moutai shares' spectacular rise doesn't reflect full reality of China's changing economy

Shares in Shanghai-listed Kweichow Moutai Co, China's top liquor brand, have more than tripled since August 2015, rising from 166.2 yuan ($25.08) to a closing price on Tuesday of 618.03 ...
Source: Global Times | 2017/10/31 22:48:39

Trump visit to China offers test of mutual opening up, willingness to negotiate

Representatives from about 40 companies have reportedly been selected to accompany US President Donald Trump on his first visit as president to Beijing next month and sign deals for billions ...
Source: Global Times | 2017/10/30 22:08:41

Smartphone boom poised to change Indian economy as it has transformed China

India has overtaken the US as the second-largest smartphone market in the world behind China, India's NDTV reported recently, citing a study by Canalys. It can be expected that growing ...
Source: Global Times | 2017/10/29 20:38:39

Airworthiness agreement with US is China's ticket to entering global plane market

China's domestically made passenger aircraft C919 took a step forward this month in entering the US market, following a bilateral airworthiness agreement that will support the reciprocal recognition of each ...
Source: Global Times | 2017/10/26 22:28:41

Anticipation for US-dollar sovereign debt issue shows rating agencies' errors

The Chinese Ministry of Finance (MOF) has revealed plans for the sale of $2 billion in US dollar-denominated sovereign bonds in Hong Kong, the first issue of its kind in ...
Source: Global Times | 2017/10/25 22:33:39

Indian government faces difficult policy choices amid slowing economic growth

With an unexpectedly weak growth rate of 5.7 percent in the April-June period, India's economy is at a critical crossroads. During this difficult time, determination to pursue reform expressed by ...
Source: Global Times | 2017/10/24 22:28:39

Tesla's shift to Shanghai production signals unstoppable rise of China's electric car sector

There has recently been renewed market speculation over Tesla's effort to build cars in China, as the Wall Street Journal (WSJ) reported that the US premium electric-car maker has reached ...
Source: Global Times | 2017/10/23 22:18:39