BUSINESS >>Eye on The Economy

Action's more important than words in China's push for next round of reform

The Chinese government has recently submitted a draft law on foreign investment to the nation's top legislature, but a key issue is whether a lack of enforcement at the local ...
Source: Global Times | 2018/12/25 20:37:53

Despite their differences, New Delhi can offer useful lessons for Beijing's continuing growth

As India's economy gains momentum, China's growth slows down. Who will win the title of “world's fastest-growing major economy” this year? Some Western observers aim to usher in the New ...
Source: Global Times | 2018/12/24 19:53:39

National action needed as Ofo, once a sharing-economy star, battles for survival

As Chinese bicycle-sharing services provider Ofo teeters on the brink of bankruptcy, we think it is necessary to help the company survive.
Source: Global Times | 2018/12/23 19:50:29

Dark hour for stocks in Chinese mainland may herald dawn of opportunity for US investors

The darkest hour for the Chinese stock market may be the best time for investors to ditch US equities and increase their holdings of Chinese stocks.
Source: Global Times | 2018/12/20 19:53:53

China will fulfill opening-up promises in trade war with US, will Washington do likewise?

At this year's Central Economic Work Conference, top policymakers will set the tone for the next year's macroeconomic policy.
Source: Global Times | 2018/12/19 22:18:40

India's 5G invitation to Huawei may signal sincere turn in bilateral economic ties

Amid concerns in the West about the operations of Chinese telecom giant Huawei, the company has been allowed by India to participate in its 5G trials, the Times of India ...
Source: Global Times | 2018/12/18 21:39:27

Opening-up is irreversible path to China's economic future and technological rise

As China celebrates the 40th anniversary of reform and opening-up, doubts have arisen about how far down the same path the nation is willing to go in the future.
Source: Global Times | 2018/12/17 20:58:06

Chinese companies must prepare for worst-case scenario in ongoing trade dispute with US

Some people believe downward pressure on the US economy will give the White House less leeway to carry out a trade war, easing tensions with China, but this is not ...
Source: Global Times | 2018/12/16 21:23:00

Focus on industrial cooperation with China better option than restricting e-commerce

India is considering imposing restrictions on online purchases of goods from Chinese e-commerce platforms, the Indian newspaper Economic Times (ET) reported. Import restrictions may be a very unpopular policy in ...
Source: Global Times | 2018/12/13 22:12:04

China's sincere moves to defuse trade tensions should be met with similar steps by US

As China is trying to act on its previous commitments to bring an end to the trade war, the US should not create additional obstacles to trade talks by rogue ...
Source: Global Times | 2018/12/12 21:03:39

Opening-up, cooperation only way for China to convince world of technology prowess

While the US has resorted to various means to target Chinese tech giant Huawei, China will beat back any efforts to contain its technological advancement by furthering opening-up and cooperation.
Source: Global Times | 2018/12/11 19:54:04

Private sector deserves full support for vital role in generating new jobs in China

There is a growing belief that maintaining and creating employment is the next battleground in the China-US competition. That is meant to call attention to job creation efforts as the ...
Source: Global Times | 2018/12/10 20:55:13

Banning Chinese companies like Huawei will isolate US from digital economy of the future

The arrest of Huawei's CFO Meng Wanzhou and moves to ban the company from some markets will keep those countries from gaining access to China's 5G markets.
Source: Global Times | 2018/12/9 20:36:38

China must follow own economic path despite pressure from trade conflict, global share rout

Shares in China tumbled on Thursday as the arrest of the chief financial officer (CFO) of Chinese telecom giant Huawei further undermined fragile market sentiment amid concerns over the outlook ...
Source: Global Times | 2018/12/6 23:10:49

Opening up govt procurement, infrastructure cooperation can ease US trade gap with China

Some observers believe the current surge in the US federal budget deficit is a reason why US President Donald Trump said the country's military spending of $716 billion is too ...
Source: Global Times | 2018/12/5 23:16:23

World economy facing more challenges next year as growth woes continue across the board

After having experienced a tumultuous year, highlighted by the China-US trade dispute, the world economy may be facing grimmer prospects in 2019.
Source: Global Times | 2018/12/4 18:32:42

Beijing needs bolder steps to bolster economic growth amid China-US trade truce

A China-US tariff truce achieved over the weekend on the sidelines of the G20 summit in Argentina might be beneficial to China's economic restructuring, but the trade dispute won't be ...
Source: Global Times | 2018/12/3 21:53:39

Performance of equity markets shows importance of connections between Beijing, Washington

An important trade consensus China and the US reached on the sidelines of the just-concluded G20 summit in Argentina is unlikely to prove to be a magic stimulant for US ...
Source: Global Times | 2018/12/2 21:48:39