BIZ >> Expert assessment

B&R initiative could boost US manufacturing

If Trump doesn’t want manufacturing revitalization to end up as just a campaign promise, he should consider seeking cooperation with China on the B&R initiative.
Source: Global Times | 2017/3/22 0:08:39

US rate hikes won’t impact China monetary policy

It is undeniable that the Fed has a more mature and advanced theory about its monetary policy adjustment, while the PBC is at a more exploratory stage. But the PBC has gradually learned to make its own decisions in terms of the direction for monetary policy, instead of being affected by external factors. What’s more, the central bank was quick to give an explanation about its move this time, signaling an active response to questions and the anticipation of avoiding unnecessary misunderstandings.
Source: Global Times | 2017/3/20 23:48:39

China can learn from the US on African aid

These problems that OECD identified can provide guidance for China as it seeks to reform its foreign aid mechanism and deepens cooperation with African countries.
Source: Global Times | 2017/3/20 0:23:39

China can handle future crises with long-term policies

To promote stability as a recovery foundation, it is important that China maintains long-term policy orientation to avoid unnecessary fluctuations.
Source: Global Times | 2017/3/16 22:38:39

Saudi visit opportunity for closer China ties

The economic complementarities and great strategic interests between China and Saudi Arabia will make China an important part of King Salman’s trip, with economic and trade cooperation the key issue of King Salman’s visit. Also, with the US greatly slashing oil imports from Saudi Arabia, China has become the largest buyer of Saudi oil, and Saudi Arabia is one of China’s biggest sources of crude oil. Given the high proportion of energy trade in bilateral trade, Saudi Arabia’s top priority is to expand its share in China’s energy market. Meanwhile, both parties may aim to actively promote cooperation in the downstream oil sector.
Source: Global Times | 2017/3/16 0:28:39

Unicom’s unlimited data plan comes with limits

In addition to spotty cellular coverage, a host of unlimited plans are not exactly “unlimited.” For example, users of Verizon’s unlimited plan face the risk of throttling their data speeds after going over 22 gigabyte of data, and the plan also stipulates mobile hotspot will be reduced to 3G speeds after 10 gigabyte of data usage per month.
Source: Global Times | 2017/3/15 0:23:39

Trump needs to be realistic about NAFTA talks

First, it may be hard for the US to launch a renegotiation, which requires a go-ahead from Canadian and Mexican leaders.
Source: Global Times | 2017/3/14 0:23:39

Possible early rate hike highlights US risks

Therefore, whether the Fed raises interest rates in March or not, investors should be cautious toward buying into dollar assets in the short term.
Source: Global Times | 2017/3/13 0:38:39

Sansha shouldn’t be developed as tourism venue

A reasonable level of tourism development is a must, but by no means should the city turn into a paradise for tourists or a hot place for development. Otherwise, the natural ecological environment of the surrounding waters will be ruined. The possible set-up of Sansha as a role model for environmental protection in the South China Sea is therefore of vital importance for green efforts in the entire South China Sea.
Source: Global Times | 2017/3/10 0:03:39

Sino-Russian relations require mutual trust

If China wants to push forward the B&R initiative in Eurasia, a key priority is to enhance mutual trust between China and Russia.
Source: Global Times | 2017/3/9 0:38:39

China should focus on benefits of ‘One Road’

China’s One Belt and One Road initiative, or the Silk Road Economic Belt and the 21st-century Maritime Silk Road initiative, should prioritize the development of the “One Road.”
Source: Global Times | 2017/3/8 0:23:39

Mixed-ownership reform needs to level playing field

As long as market monopoly is removed and SOEs and private companies are treated equally by the law, market competition will automatically enable the survival of the fittest and force SOEs to implement institutional reforms.
Source: Global Times | 2017/3/7 0:28:39

China must address African rail project risk

Furthermore, diversified ways of financing need to be developed to offset risk and avoid passing debt risks onto Chinese policy banks.
Source: Global Times | 2017/3/6 0:23:39

China should open up to more foreign talent

At a discussion with foreign experts in Shanghai in May 2014, Chinese President Xi Jinping noted that “the Chinese nation has the fine tradition of respecting and cherishing talent. Now we need to open a wider road for inviting talent worldwide than at any time in history. A more open policy for talent should be adopted,” according to the Ministry of Foreign Affairs.
Source: Global Times | 2017/3/2 23:53:09

Addressing issues in China-Europe service

While the China-Europe Railway Express service has expanded rapidly, the operation and performance of the lines varies considerably. The situation calls for an urgent need to address the problems that hinder the development of the China-Europe express service.
Source: Global Times | 2017/3/2 0:18:39

Chinese firms to overtake South Korean brands

Nevertheless, there’s an emerging trend that Chinese companies are posing challenges to their South Korean counterparts in home appliances products and smartphones, which is reminiscent of the rout of Japanese home appliances companies as a result of the rise of South Korean brands.
Source: Global Times | 2017/3/1 0:28:39

Dollar under Trump won’t damage yuan movements

Looking at China’s economic fundamentals, its economy is drawing an “L-shaped” growth. China is a major economy with a relatively strong growth and a surplus in its current accounts, which are beneficial to maintaining a comparatively stable yuan exchange rate.
Source: Global Times | 2017/2/28 0:03:39

China can aid stronger governance in Africa

After all, economics and politics are indivisible. By improving governance, African countries can attract more investment, which will help create a positive cycle of development.
Source: Global Times | 2017/2/27 0:03:39