BUSINESS >>Eye on The Economy

Asian purchasing power is 'strategic weapon' in trade war

This is a testing time of uncertainty and change amid escalating trade friction, but if Asian economies can improve their connectivity, they can unleash market vitality and ease the regional ...
Source: Global Times | 2018/9/26 21:33:41

BRI-based cooperation with Europe can open opportunities in third-country markets

China's Belt and Road initiative (BRI) is often denounced by Western media outlets as a Chinese “debt trap,” but bustling ports from Southeast Asia to Europe provide good examples of ...
Source: Global Times | 2018/9/25 22:13:40

China can turn adversity of US trade war into spur for industrial upgrading, modernization

US President Donald Trump's latest round of tariffs on China, which took effect on Monday, brings the amount of Chinese goods hit by US protective duties to about $250 billion, ...
Source: Global Times | 2018/9/24 21:13:40

Trade conflict backfiring on US workers as overseas investors start to look elsewhere

The founder of Chinese e-commerce giant Alibaba, Jack Ma Yun, has abandoned a promise to create 1 million jobs in the US. His move is just the beginning of bigger-than-estimated ...
Source: Global Times | 2018/9/20 22:23:40

Improvements in Xinjiang show China's development best steered by own citizens

Tourism in Northwest China's Xinjiang Uyghur Autonomous Region is showing signs of recovery as local authorities stress stability and combat terrorism.
Source: Global Times | 2018/9/19 22:23:41

Trade conflict with US offers chance to further globalize Chinese financial markets

German-based industrial machinery maker KraussMaffei Group is scheduled to list in the Shanghai Stock Exchange by the end of the year, German magazine Euro am Sonntag reported. If listed, KraussMaffei ...
Source: Global Times | 2018/9/18 23:38:40

Financial opening-up can help Beijing reform international system as world economy seeks direction

The Chinese mainland has further opened its stock market by allowing more overseas individual investors to open A-share accounts. Although the China-US trade dispute has further escalated as both sides ...
Source: Global Times | 2018/9/17 22:08:39

India's exclusion of Huawei, ZTE will hurt bilateral technological cooperation, investment

Chinese telecom equipment makers can't passively accept their exclusion by India from its 5G trials, a move that is likely to result in a retrogression of bilateral technology cooperation.
Source: Global Times | 2018/9/16 22:13:40

US fiscal and government debt woes fuelling fears of the making of new financial crisis

Ten years after the global financial crisis ignited by Wall Street giants, the US' worsening fiscal outlook and mounting government debt are fueling fears of a new crisis that could ...
Source: Global Times | 2018/9/13 22:43:40

Arctic shipping routes can further warm China-Russia cooperation, technological development

China has launched its first domestically built icebreaking vessel named Xuelong 2, reflecting its determination to strengthen its research and exploration in the Arctic region.
Source: Global Times | 2018/9/12 22:43:41

China-Russia technological cooperation can help avert impact amid trade tensions with US

The Russia-China Investment Fund (RCIF) and China's Tus-Holdings have announced joint investment plans focusing on developing technology, which “would see $1.28 billion investment in the Russian Tushino Project Technology Park,” ...
Source: Global Times | 2018/9/11 22:33:42

Apple must work with Chinese authorities to promote common interests as trade conflict intensifies

With Apple's September 12 event approaching fast, the tech giant has found itself in the spotlight. Shares of some Chinese mainland Apple suppliers fell on Monday after US President Donald ...
Source: Global Times | 2018/9/10 21:58:40

Sino-Nepalese trade plan will improve economic connectivity, benefit all South Asian nations

The Nepalese government recently announced that China will agree to allow the landlocked Himalayan nation to use some of its seaports. Considering around 98 percent of Nepal's third-country trade runs ...
Source: Global Times | 2018/9/9 22:43:39

Beijing must prepare counterattack for Washington's effort to restrain high-tech development

Washington's trade dispute with Beijing doesn't seem to have helped the US stave off its chronic illness of running a trade deficit – at least not yet. The US trade ...
Source: Global Times | 2018/9/6 21:33:42

Case of's Liu offers lesson in complying with foreign laws, protecting investors

Three US law firms have reportedly announced that they are investigating whether China's e-commerce giant Inc issued misleading statements or failed to disclose information pertinent to investors after its ...
Source: Global Times | 2018/9/5 22:28:42

Job-creating small firms in China need support to weather pressure of trade dispute with US

South China's Guangdong Province, one of the nation's leading industrial areas, is having a hard time combating downward pressure in its manufacturing sector. Amid escalating trade friction with the US, ...
Source: Global Times | 2018/9/4 22:18:40

Malaysia must look within to find barriers to economic development, not blame China

Malaysian Prime Minister Mahathir Mohamad was quoted by media reports as saying recently that Malaysians might not be able to compete with the Chinese if the latter were allowed into ...
Source: Global Times | 2018/9/3 22:23:40

China's investment aims to upgrade emerging economies, not worsen debt problems

Some Western observers claim that China is leveraging debt to gain control of Africa's strategic infrastructure, and they have thus branded the Belt and Road (B&R) initiative a debt-trap strategy. ...
Source: Global Times | 2018/9/2 22:23:40