BUSINESS >>Eye on The Economy

India can't become global economic giant until domestic multinationals flourish

Observers who are interested in comparing the growth prospects of China and India often cite the large pool of MBA talent as one of India's major strengths, but the jobs ...
Source: Global Times | 2018/1/22 23:38:40

Chronic disease of overproduction may threaten China's hard-won economic growth

Amid encouraging news about China's economy, which achieved a forecast-beating expansion of 6.9 percent for 2017, there are signs that the economy is still suffering from a chronic disease: overproduction. ...
Source: Global Times | 2018/1/21 23:28:39

China needs to play hardball as threat of trade war with US looms ever larger

China needs to assume a more active posture as the US government has shifted into a near-attack mode that could ignite a trade war between the world's two largest economies. ...
Source: Global Times | 2018/1/18 22:31:22

Confiscating foreign-owned assets can be enemy of Chinese investment in India

The amendment of India's 49-year-old Enemy Property (Amendment and Validation) Act has renewed concerns over the security of Chinese-owned assets and posed an obstacle for the Indian government, which hopes ...
Source: Global Times | 2018/1/17 21:58:39

Germany's inclusion of yuan in reserves signals wider global role for currency

Deutsche Bundesbank, Germany's central bank, has decided to include the yuan in its reserves, a move that will not only further boost the internationalization of the currency but also indicate ...
Source: Global Times | 2018/1/16 20:23:39

China's technology rise can be beneficial to others

China is in talks to sell Germany state-of-the-art technology critical in the production of high-performance jet engines, the South China Morning Post reported, quoting an unidentified senior government scientist. The ...
Source: Global Times | 2018/1/15 23:03:40

Closer ties with Washington won't bring US manufacturing investment to India

As US President Donald Trump and some US political elites talk up a vision of Indo-Pacific cooperation, Washington may want to make a gesture to convince New Delhi that the ...
Source: Global Times | 2018/1/14 21:28:40

China becomes economic dynamo propelling growth of Mekong River neighbors

China's pursuit of higher-quality growth has further cemented the nation's position as the dynamo of the global economy and there is sufficient reason to believe its neighboring economies, notably the ...
Source: Global Times | 2018/1/11 21:36:47

Collapse of Huawei-AT&T smartphone deal set to escalate Sino-US trade tensions

The collapse of Chinese technology giant Huawei Technologies Co's planned deal with US carrier AT&T Inc is more of a political issue than a business one, and it will escalate ...
Source: Global Times | 2018/1/10 23:13:40

India can't copy China's technology success without understanding its origins

There is much to admire about China's rise as a technology and innovation power to become a rival of the US on many fronts. The admiration could well prompt other ...
Source: Global Times | 2018/1/10 0:23:39

Crucial test ahead in squeezing out housing speculators in China

As 2018 will be crucial to China's efforts to tame the country's bubbly real estate market, authorities should be wary of any possible resurgence in speculative buying as curbs are ...
Source: Global Times | 2018/1/8 22:48:39

China's aid to Pakistan aims for fundamental improvement in economic conditions

China should pay more attention this year to the quality and effectiveness of its economic cooperation with and assistance to Pakistan, as ties are set to get closer amid hostility ...
Source: Global Times | 2018/1/7 23:43:39

Colombo complex can benefit all parties using Indian Ocean shipping lanes

While many have been focusing on the Chinese “label” on a $1 billion project near Sri Lanka's main port of Colombo, less attention has been paid to the economic logic ...
Source: Global Times | 2018/1/4 22:28:41

China building new world of trade rules to serve changing needs

In 2018, China is likely to make great strides in promoting free trade agreements (FTAs) that will frame new rules and norms governing global trade and investment. China will pursue negotiations ...
Source: Global Times | 2018/1/3 23:13:39

Better industrial, trade policies can help India cut unemployment among youth

A recent article posted by the Indian Express revealed the sluggish pace of job creation in India in recent years, citing multiple data. Since the country has experienced rapid population ...
Source: Global Times | 2018/1/2 23:08:39

Australia overstates security concerns of Huawei link to Solomons

Australia may be oversensitive to China's growing presence in the Solomon Islands. According to a recent report from the Financial Times (FT), Canberra is poised to block a deal under ...
Source: Global Times | 2018/1/1 22:58:39

China's rising influence in global economy instilling hope in opportunity takers

China is seen by many observers as the country with the greatest potential in the world in 2018. The economic rise of China and its growing influence in international affairs ...
Source: Global Times | 2017/12/28 21:58:39

Troubles of Baha Mar project show Chinese contractors need management voice

Baha Mar resort in the Bahamas has again made headline news as its original developer, BML Properties, has filed a lawsuit against China Construction America Inc (CCA), the contractor of ...
Source: Global Times | 2017/12/27 22:28:40