BUSINESS >>Eye on The Economy

Lenovo 5G incident shows need for Chinese companies to cease mindless competition

A public letter co-signed by Lenovo Founder Liu Chuanzhi was issued Wednesday on the Chinese personal computer (PC) maker's official WeChat account, rebutting criticism that the company “committed treason” in ...
Source: Global Times | 2018/5/16 22:08:40

Putting aside mutual suspicion can help China, India cooperate to aid Africa

India has for the first time embarked on an initiative to build convention centers in 21 African countries, India's Economic Times reported. Strategic suspicion has prompted some people to read ...
Source: Global Times | 2018/5/15 22:13:40

US can't stop globalization process of increasingly competitive Chinese enterprises

US President Donald Trump tweeted on Sunday that he has urged the US Commerce Department to give Chinese telecoms equipment group ZTE Corp “a way to get back into business, ...
Source: Global Times | 2018/5/14 21:48:40

Joint efforts by China, EU can offset US pullout of Iran deal

Since US President Donald Trump has pulled his country out of the Iran nuclear deal, will China join hands with European countries to reject Trump's renewed effort to isolate Iran?
Source: Global Times | 2018/5/13 21:28:39

China must work with other Asian oil importers to offset impact of US decision on Iran

US President Donald Trump's decision to pull the US out of the Iran nuclear deal has rattled the global crude oil market. If Iran cuts oil production, who will fill ...
Source: Global Times | 2018/5/10 21:53:41

New cooperation model can draw North Korea into Asia's economic center of gravity

Chinese Premier Li Keqiang said Wednesday that China, Japan and South Korea should carry out joint projects through a new cooperation model that he referred to as “China-Japan-South Korea+X.” If ...
Source: Global Times | 2018/5/9 21:08:40

China's quarantine rules for US farm products not part of bilateral trade dispute

Chinese customs announced Monday that it will step up quarantine checks on imports of apples and logs from the US. Some US observers believe the quarantine checks could be retaliation ...
Source: Global Times | 2018/5/8 22:53:39

Tumen River program can accelerate N.Korea's integration into global economy

With the leaders of North and South Korea having pledged to work for complete denuclearization of the Korean Peninsula, it's time to restart the Tumen River Area Development Program (TRADP) ...
Source: Global Times | 2018/5/7 22:23:39

China, India can rise above competition to work against Trump's protectionism

The rise of “Make in India” will probably bring China and India into intensified competition in some industries, but it will also help them find more common ground in their ...
Source: Global Times | 2018/5/6 22:03:40

China could promote closer collaboration with Japan, S.Korea to prompt N.Korea's economic push

The trilateral leaders' meeting of China, Japan and South Korea, which will start on Wednesday in Tokyo, comes at a sensitive time as investors in each country eye North Korea's ...
Source: Global Times | 2018/5/3 20:58:40

China's answer to job creation in Indonesia will determine future of bilateral economic ties

Chinese Premier Li Keqiang is set to visit Indonesia soon, having met with Indonesian presidential envoy Luhut Binsar Pandjaitan in Beijing on April 12. Frequent high-level visits between the two ...
Source: Global Times | 2018/5/2 22:28:39

China, North Korea must devise strategy to draw investment based on SEZ model

Chinese investors are paying close attention to North Korea's economic situation in search of potential business opportunities after the historic meeting between the leaders of North and South Korea.
Source: Global Times | 2018/5/1 21:53:40

China, Japan must stand together to protect open global trading environment

The fourth China-Japan high-level economic dialogue was held on April 16in Tokyo. This dialogue, which resumed after an eight-year pause, yielded positive results. The concerns expressed by the two sides ...
Source: Global Times | 2018/4/28 15:49:31

China must prepare for ongoing trade war with US, and companies must adjust

It's possible that the trade conflict between the US and China will evolve into a “long-lasting war,” in which the two sides will be more accustomed to trade disputes and ...
Source: Global Times | 2018/4/26 22:03:41

China won't falter in pursuit of two-way opening-up of economy, finance sector

The Chinese government is likely to introduce more detailed regulations to realize further opening-up in 2018, with the financial sector listed as one of the policy priorities.
Source: Global Times | 2018/4/25 23:33:42

China, EU embrace open economies to fight against impact of protectionism

Why do Chinese investors prefer Europe to North America? In 2017, Chinese investment in North America fell 35 percent to $30 billion, while investment in Europe rose 76 percent to ...
Source: Global Times | 2018/4/24 22:43:39

People-to-people diplomacy can usher in new chapter in Sino-Indian relations

Indian Prime Minister Narendra Modi is scheduled to travel to China this week to hold informal talks with Chinese President Xi Jinping. The informal meeting is expected to start a ...
Source: Global Times | 2018/4/23 22:58:39

Rising violence against women increases cost of investing, doing business in India

Female tourists and foreign employees continue to face high risks of sexual violence in India, and the situation needs to change soon. Several horrific cases of sexual violence in India have ...
Source: Global Times | 2018/4/22 23:08:39