BIZ >> Expert assessment

US think tank article blind to reality of China-US trade relationship

In a widely circulated piece, Robert D. Atkinson, founder and president of Washington DC-based think tank Information Technology and Innovation Foundation, spared no effort to parse what he concluded was a “bogus response” by China's Ministry of Commerce to the latest US tariff announcement.
Source: Global Times | 2018/7/18 23:38:40

Can US firms blame China for low investment return?

Sino-US trade friction, to some extent, arises from unbalanced trade as well as disputes over technology investment and transfer. Below the surface are cognitive and logical discrepancies between the two countries, which go beyond conflicts regarding fair trade and competition.
Source: Global Times | 2018/7/17 22:43:40

US trade aggression creates opportunity for Africa

As the three major economic blocs are gearing up for a showdown regarding tariffs and trade, Africa is standing on the sidelines with both opportunities and concerns in view.
Source: Global Times | 2018/7/16 22:33:40

Financial opening doesn't signify China's response to US coercion

The nation's latest round of financial opening is impressive. According to the recently released negative list for foreign investment, the country has scrapped foreign ownership limits on Chinese-invested banks and allowed foreign banks to set up branches or subsidiaries in the country. The upper limits on foreign stakeholdings in domestic brokerages, securities investment fund management, futures companies and insurance firms have been eased to 51 percent. By 2021, all ownership limits will be removed.
Source: Global Times | 2018/7/15 22:33:39

US the loser from Trump's nonsensical policies

The Washington Post's Catherine Rampell recently recalled that when US President Donald Trump held a session for Harley-Davidson executives and union representatives at the White House in February 2017, he thanked them “for building things in America.” Trump went on to predict that the iconic American motorcycle company would expand under his watch. “I know your business is now doing very well,” he observed, “and there's a lot of spirit right now in the country that you weren't having so much in the last number of months that you have right now.”
Source: Global Times | 2018/7/12 20:53:41

China can take advantage of Trump's trade policy

Does this Sino-US trade tension mean there will be a comprehensive and fierce confrontation between China and the US? Actually, in the foreseeable future, the possibility of this is quite low.
Source: Global Times | 2018/7/11 22:23:41

Vigilance needed against US economic terrorism

It is worth noting that the world today is full of uncertainties, with aggravated global public risks. The world economy is on the verge of becoming unbalanced and unsustainable. The gap between the rich and the poor has added to the risk, along with the indigenous shocks that come with technological advancement. Countries around the world should unite to cope with the risks. However, some countries, the US in particular, have been dragging others into deeper trouble by adopting economic terrorism.
Source: Global Times | 2018/7/10 22:23:42

China must look for alternatives to US market

One critical question hovering over the gathering trade tension between the world's two largest economies is this: If the administration of US President Donald Trump is bent on closing the country's door to China and erecting higher barriers to hold back Chinese manufactured goods, could China find alternative markets?
Source: Global Times | 2018/7/9 21:13:39

US continues down path toward state intervention

Despite US President Donald Trump's capricious personal style, one thing is certain: The trend toward strengthened state intervention will not change anytime soon.
Source: Global Times | 2018/7/8 21:18:40

It's time for Europe to learn from China in engaging in Africa

The just-concluded EU Summit on migration has come up with measures like securing centers for migrants to process asylum claims, strengthening external border controls, and boosting financing for Turkey and countries in North Africa. But these are old solutions to old problems.
Source: Global Times | 2018/7/5 22:43:40

US-Europe conflict drives the global trade war

The US government's simultaneous accusations against China and the EU regarding trade have had global repercussions. Trade between China, the EU and the US is 80 percent of global trade. If these three markets are involved in trade conflicts, it will certainly be a huge trade dispute of global scale.
Source: Global Times | 2018/7/4 23:08:46

China's financial sector won't suffer hard landing

The potential risk of financial panic has been occupying the headlines in foreign media reports recently. Amid stock market fluctuations and an increase in bond defaults, some investors' confidence in China's financial market has been shaken. But this lack of confidence will not limit China's progress.
Source: Global Times | 2018/7/4 22:08:40

Market fluctuations normal part of China's transition

Sagging mainland stocks, along with a bond correction and yuan weakness have led to concerns over the health of China's financial market amid lingering trade rows with the US. In an exclusive interview with the Global Times (GT) on Monday, Li Yang (Li), director-general of the National Institution for Finance and Development (NIFD) with the Chinese Academy of Social Sciences, discussed the nation's financial conditions and possible ways to cope with the problems facing the world's second-largest economy.
Source: Global Times | 2018/7/3 23:23:40

China's reforms will further boost globalization

In 2018, China celebrates the 40th anniversary of its reform and opening-up. In his keynote speech at the opening ceremony of the annual Boao Forum for Asia Annual Conference in April, President Xi Jinping said China will complete its revision of the negative list on foreign investment in the first half of the year and implement an across-the-board management system based on pre-establishment national treatment and the negative list.
Source: Global Times | 2018/7/2 23:33:40

Reforms won't put China's bank sector under foreign control

China is making further headway in pursuing comprehensive opening up. In December 2017, the country's banking regulatory body announced new opening-up measures. Among the new measures are eased limits on foreign ownership in all Chinese-invested banks and financial asset management firms except privately run banks, and the implementation of stake holding rules that allow for equal treatment for foreign and domestic financial institutions.
Source: Global Times | 2018/7/1 22:12:39

China should not sell off US bonds as retaliation

For Chinese capital, the escalation of the Sino-US trade war has led to a significant deterioration of the US investment environment and the risk of uncertainty in regulatory policies.
Source: Global Times | 2018/7/1 21:38:40

US putting itself under siege with its own walls

US President Donald Trump has been wielding his tariff stick and threatening other trade partners with investment restrictions. While he is bragging about the US manufacturing industry and claiming jobs are coming back due to his policies, Harley-Davidson, which is one of the victims of tariff retaliation by the EU, is shifting some production of motorcycles outside the US. The decision made on Monday has dealt a blow to Trump, who has attacked and threatened the iconic motorcycle company. This incident has cast doubt on Trump's unilateral trade policy.
Source: Global Times | 2018/6/28 22:58:39

China can win trade war by continuing market reforms

The Sino-US trade war has started. The US has kept escalating its trade provocations. Ignoring warnings from Beijing, US President Donald Trump threatened to fight back harder if retaliatory measures were adopted by China. Initial trade agreements achieved in recent talks have been shredded.
Source: Global Times | 2018/6/28 0:18:40