BUSINESS >>Eye on The Economy

North Korea will chart own economic destiny with help of neighboring nations

US President Donald Trump may have promised that North Korea will become “very rich” on the back of US economic assistance if the two sides can reach an agreement over ...
Source: Global Times | 2018/6/11 22:08:40

Cooperation with Japan via B&R initiative can herald new era of Asian integration

Japan's government has changed its attitude to encourage Chinese and Japanese private enterprises to pursue cooperation in infrastructure projects in third markets, media reports said over the weekend.
Source: Global Times | 2018/6/10 22:53:40

Can China and Pakistan work together in building economic links to third markets?

Will Pakistan become a pragmatic bridgehead for China's cooperation with Europe? It may be too early to say yes, but the country's broad potential has attracted great attention. The EU pays ...
Source: Global Times | 2018/6/7 23:38:40

China's patience key to resolving doubts, addressing delays over B&R-related projects

The Ministry of Foreign Affairs on Wednesday denied media reports saying that the Nepalese government might have cancelled a deal with a State-owned Chinese company to build the West Seti ...
Source: Global Times | 2018/6/6 22:33:40

Beijing won't ditch 'Made in China 2025' strategy, which will also benefit foreign companies

Some people may hope Beijing will ditch its “Made in China 2025” strategy, but they are headed for disappointment.
Source: Global Times | 2018/6/5 22:18:39

Cooperation can help ease and avoid impact of US move in Iran nuclear deal

Iranian President Hassan Rouhani is reportedly scheduled to visit China later this week to attend the Shanghai Cooperation Organization (SCO) summit along with his Chinese and Russian counterparts. This event ...
Source: Global Times | 2018/6/4 22:23:40

China, India share common goal of promoting economic, social development

Indian Prime Minister Narendra Modi's keynote speech at the 17th Asia Security Summit, in which he said cooperation between New Delhi and Beijing is expanding and will benefit Asia and ...
Source: Global Times | 2018/6/3 22:03:40

Ditching Chinese-built high-speed rail project will carry high costs for Malaysia

Malaysia's new Prime Minister Mahathir Mohamad has said he will ditch a planned high-speed rail link with Singapore, a move that would likely damage the interests of China or other ...
Source: Global Times | 2018/5/31 22:23:40

Improved regulation makes more sense than just saying no to bitcoin in China

US news aggregation platform Reddit recently revealed plans to reinstate cryptocurrency payments after disabling bitcoin payments for its Gold membership program in late March, renewing speculation that the digital asset ...
Source: Global Times | 2018/5/30 0:03:48

Closer communication by Asian central banks can ward off new financial crisis

Could Asia have another financial crisis? Some nations' foreign debt exposure is a source of concern, but there's no need to be too pessimistic.
Source: Global Times | 2018/5/29 21:28:39

Investment in Indonesia's Sabang port will be test of India's diplomatic wisdom

As India and Indonesia are eyeing a strategic investment plan for the Indonesian island of Sabang, Indian Prime Minister Narendra Modi's upcoming visit to the Southeast Asian country is worth ...
Source: Global Times | 2018/5/28 21:18:41

China's loans to Pakistan should drive economic development, lift debt payment ability

Pakistan expects to obtain $1 billion to $2 billion of fresh Chinese loans to help it avoid a balance-of-payments crisis, Reuters reported. Some observers hope China's economic assistance will help ...
Source: Global Times | 2018/5/27 22:03:40

Transparency will convince foreign investors of China's genuine opening-up

Pro-foreign investment efforts in progress to offer foreign businesses wider and more transparent access to China's market will effectively address foreign investors' concern over roadblocks in one of their most ...
Source: Global Times | 2018/5/24 21:03:41

Reciprocal opening-up only sustainable way to mutual gains for China, trading partners

China's pledge to buy more US goods as part of a deal to avert a bilateral trade war leaves Germany squeezed in the middle, Bloomberg News reported Wednesday.
Source: Global Times | 2018/5/23 21:58:42

China's purchases of US farm products reflect consumer demand, not US pressure

On Monday, US President Donald Trump tweeted that China will purchase from US farmers as much as they can produce. China is likely to step up imports of US agricultural ...
Source: Global Times | 2018/5/22 23:18:39

China must coordinate with India, Europe to restrain US trade unilateralism

India and the EU have given the WTO “lists of the US products that could incur high tariffs in retaliation for US President Donald Trump's global tariffs on steel and ...
Source: Global Times | 2018/5/21 22:08:39

Australia needs to rethink its identity to cultivate appropriate ties with China

Australian Prime Minister Malcolm Turnbull is reportedly scheduled to travel to China later this year, following a visit last week by Australian Trade Minister Steven Ciobo, who was the first ...
Source: Global Times | 2018/5/20 22:23:39

China supports India's economic overture toward NK's reform, opening-up

The Indian Minister of State for External Affairs Gen VK Singh made a surprise trip to North Korea earlier this week as India sought to revive its ties with the ...
Source: Global Times | 2018/5/17 23:38:40