BUSINESS >>Eye on The Economy

Maldives would be wise to shun meaningless 'gift' from New Delhi

India's plan to provide loans to the Maldives to help the island nation repay its debts to China will likely turn out to be nothing more than an old trick ...
Source: Global Times | 2018/11/29 20:08:40

US won't be able to force global supply chain restructuring by administrative means

The use of administrative means to force a restructuring of supply chains isn't a recommended policy for the US government amid the trade dispute with China. It is hoped that ...
Source: Global Times | 2018/11/28 21:53:40

India unprepared to realize aim of replacing China as industrial power amid trade dispute

India's intention of gaining from the trade dispute between China and the US will likely prove to be pie in the sky, as the South Asian nation isn't ready to ...
Source: Global Times | 2018/11/27 21:18:40

Beijing's cooperation with Seoul, Pyongyang in rail project key to connecting peninsula to wider world

China can provide strong support for a joint survey of the inter-Korean railway if needed. The project is likely to be a good starting point in promoting economic integration. However, ...
Source: Global Times | 2018/11/26 20:33:39

In testing time, Beijing must resolutely pursue reform and opening-up at own pace

China has granted German insurer Allianz permission to establish the country's first wholly foreign-owned insurance holding company. The approval, which came several years earlier than anticipated, is a positive signal ...
Source: Global Times | 2018/11/25 23:13:39

WTO wouldn't be the same without China; Washington threats only make Beijing grow stronger

Kevin Hassett, one of US President Donald Trump's top economic advisers, suggested there could be a case for “evicting China” from the WTO, BBC reported. The US seems to want ...
Source: Global Times | 2018/11/22 21:03:42

Maldives can make wise choice when it comes to bilateral trade pact with China

Maldives has drawn widespread attention as ex-president Mohamed Nasheed said the country's new government is considering pulling out of a free trade agreement (FTA) with China because it was a ...
Source: Global Times | 2018/11/21 22:43:40

WTO reform ought to take interests of China, developing world under full consideration

Washington is right that the WTO needs reform, but the reform shouldn't give the green light to US unilateralism.
Source: Global Times | 2018/11/20 22:38:41

US efforts to match BRI fall short of China's contribution but can still be welcome addition

Although the US isn't participating in the China-proposed Belt and Road initiative (BRI), Washington's policy has already been influenced by the ambitious plan. This would not necessarily be a bad ...
Source: Global Times | 2018/11/19 22:18:39

Multilateral cooperation involving China best choice for Pacific island nations

The US and several Western powers including Australia on Sunday announced plans to build a $1.7 billion electricity grid in Papua New Guinea, Bloomberg reported, a move viewed by some ...
Source: Global Times | 2018/11/18 21:38:39

Canada's attitude toward USMCA will be test case for its sincerity to promote free trade with China

Despite a clause in the US-Mexico-Canada Agreement (USMCA) that may restrict its signatories from signing certain trade deals with Beijing, free trade agreements between China and USMCA members are still ...
Source: Global Times | 2018/11/15 22:55:03

Beijing must act to offset smartphone sector's pain as post-iPhone era appears inevitable

Shares of Asian suppliers and some assemblers for Apple Inc have fallen recently on concerns that demand for the iPhone has peaked. Although it is still too early to say ...
Source: Global Times | 2018/11/14 22:55:49

Lancang-Mekong FTZ can spur regional growth amid pressure of US trade protectionism

As Sino-US trade tension intensifies, there has been talk that China plans to set up a free trade zone (FTZ) on the border between Thailand and Laos.
Source: Global Times | 2018/11/13 22:08:39

Progress driven by CPEC will lift Pakistan's living standards, prove media critics wrong

Pakistani Prime Minister Imran Khan has reportedly expressed a strong desire to start a mega poverty alleviation campaign soon, even as the South Asian country struggles with financial difficulties.
Source: Global Times | 2018/11/12 22:03:39

China's opening-up needs to include more steps to welcome foreign workers, entrepreneurs

There was plenty of talk about consumption growth in China on Sunday as the country celebrated the Singles' Day shopping festival, but less attention has been paid to young foreign ...
Source: Global Times | 2018/11/11 21:58:39

Trump's policy starts to backfire on American consumers, companies operating in China

US President Donald Trump may think a trade war will force manufacturers to move their production chains away from China. But in fact, his attempt will only come back to ...
Source: Global Times | 2018/11/8 23:28:41

Foxconn's difficulty in hiring skilled staff in Wisconsin indicates US' loss in protracted trade tension

Although Taiwan-based electronics manufacturer Foxconn denied media reports saying it is considering bringing Chinese workers to staff its plant in the US state of Wisconsin, it seems the manufacturer still ...
Source: Global Times | 2018/11/7 22:08:41

China's achievement at Airshow indicates pursuing path of independent innovation necessary

China's most advanced stealth fighter jet, the J-20, made a surprise appearance on Tuesday at the Airshow China 2018 in Zhuhai, South China's Guangdong Province. The air show, which is ...
Source: Global Times | 2018/11/6 22:18:41