BUSINESS >>Eye on The Economy

Development will drive closer China-Malaysia ties

"Malaysia is already caught in China's web, and there's no escape from it," said a Forbes op-ed that triggered discussion over the weekend. Some US observers may try to provoke ...
Source: Global Times | 2019/4/21 21:18:39

Time to rethink China's e-commerce business model

US-based internet giant on Thursday said it is notifying customers that it will no longer operate a marketplace nor provide seller services on its Chinese website from July ...
Source: Global Times | 2019/4/18 20:53:40

'996' overtime schedule can help India catch up with China

While a boycott of Chinese products in India gets under way, China is caught up in a nationwide discussion over the “996” overtime schedule: working 12 hours a day from ...
Source: Global Times | 2019/4/17 21:49:27

China can use new strength to gain from talent flows

A new round of talent flows has emerged in the world amid a Cold War mentality adopted by some US politicians to crack down on Chinese high-tech companies.
Source: Global Times | 2019/4/16 21:43:40

India's trade deficit with China finally reduced!

India cut its trade deficit with China by the most in more than a decade, Bloomberg reported Tuesday, mainly because of a sizeable increase in exports by India who won ...
Source: Global Times | 2019/4/16 16:03:48

Struggles of Chinese delivery staff merit more attention

An internal letter attributed to Liu Qiangdong, founder of Chinese e-commerce giant, said JD Logistics ended the base salary for delivery staff because the subsidiary must end a 12-year ...
Source: Global Times | 2019/4/15 20:38:40

Drilling platform a breakthrough in South China Sea

Discussions over joint oil and gas exploration in the South China Sea could soon be stirred up once more, as China's first self-developed semi-submersible drilling platform completed its first deep-water ...
Source: Global Times | 2019/4/14 20:33:40

China can't ditch state-led drive for high technology

The US produces only 5 percent of the world's lithium-ion batteries, some statistics show, lagging far behind China.
Source: Global Times | 2019/4/11 20:13:43

US can't be Myanmar's bargaining chip against China

A team of US economists, diplomats and lawyers was dispatched to Myanmar to “scrutinize contracts, flag bad deals, and empower the country to push for better terms with Chinese agencies ...
Source: Global Times | 2019/4/10 21:13:39

Rational China approach can boost Indian jobs

During the 2014 election campaign, India's Bharatiya Janata Party (BJP) said the country had been led through “10 years of jobless growth by the Congress-led UPA Government,” and promised that ...
Source: Global Times | 2019/4/9 20:03:40

Measuring China-Djibouti ties with money shows narrow mind

Djibouti's President Ismail Omar Guelleh now has a deep impression of a Chinese carpenter who lived 2,400 years ago. The opening ceremony of a workshop named after carpenter Lu Ban ...
Source: Global Times | 2019/4/8 20:28:41

Malpass ought not shift World Bank's priorities

David Malpass, US President Donald Trump's choice to be the next World Bank president, won unanimous approval from the institution's executive board recently, adding uncertainty to future collaboration between the ...
Source: Global Times | 2019/4/7 21:33:39

Overproduction remains top risk for Chinese companies

What are the most significant risks Chinese companies face today? Some may highlight potential woes involving human resources, finance, property, production, supply and demand. Of course, they are crucial.
Source: Global Times | 2019/4/4 11:22:26

BRI can help bind Britain's economic Brexit wounds

A swift decision to join the China-proposed Belt and Road Initiative (BRI) could help bind the Brexit wounds that plague the hearts and minds of British people.
Source: Global Times | 2019/4/3 17:33:40

Myanmar dam project shouldn't be politicized

Non-governmental organizations, political parties, and environmental experts from every state and region in Myanmar have been invited to come together in opposition to the China-financed Myitsone Hydropower Dam project, Frontier ...
Source: Global Times | 2019/4/2 21:28:40

BRI challenges can be resolved for common benefit

A controversy has erupted over the China-Pakistan Economic Corridor (CPEC), the India-based Economic Times reported Monday, saying the Pakistani government had reportedly diverted large sums of Chinese investment meant for ...
Source: Global Times | 2019/4/1 21:18:40

Why Luxembourg's endorsement of BRI is big deal

While many have focused on Italy's endorsement of the China-proposed Belt and Road Initiative (BRI), less attention has been paid to Luxembourg, which signed an agreement with China last week ...
Source: Global Times | 2019/3/31 19:43:39

UK's Huawei review should not be weaponized

The European Commission has recommended that EU nations share data to handle cybersecurity risks in 5G networks but shunned US calls to ban Chinese telecom giant Huawei across the bloc. ...
Source: Global Times | 2019/3/28 20:34:26