BIZ >> Expert assessment

Belt and Road projects aim to avoid new debt risks for developing countries

According to media reports, encouragement of sustainable financing is one of the bright spots in the draft communiqué for the second Belt and Road Forum for International Cooperation, a gesture meant to respond to accusations by some Western countries about the so-called "debt trap." While the construction of the Belt and Road Initiative (BRI) has achieved remarkable results in recent years, some Westerners never tire of smearing it by accusing BRI projects of creating debt traps for developing countries, which is nothing but a groundless attack.
Source: Global Times | 2019/4/25 20:33:41

China to carefully handle complications among EU countries to push forward BRI projects

Road and infrastructure connectivity is a crucial topic for the Belt and Road Initiative (BRI) and China-Central Eastern European Countries (CEEC) cooperation. Moreover, it is a major component of the China-EU Connectivity Platform and China-EU 2020 Strategic Agenda for Cooperation.
Source: Global Times | 2019/4/24 19:58:41

US criticism of the Belt and Road Initiative only places it at a disadvantage

A continuation of the international fault-finding mind-set toward the China-proposed Belt and Road Initiative (BRI) will only put the US at a disadvantage as the initiative has grown in importance in the global economic landscape, which has been threatened by protectionism.
Source: Global Times | 2019/4/23 20:18:40

Huawei's new 5G auto chip is more proof of technological prowess

Two starkly different stories appeared among the tech news headlines in recent weeks. Last week, Intel abruptly announced it is giving up its 5G modem development. And on Monday, Huawei launched the world's first 5G communications module for vehicles, making a formal bid to become a key supplier for self-driving autos.
Source: Global Times | 2019/4/23 20:11:42

BRI has proved to enhance development capabilities of participating economies

Sustainable development is the common goal and wish of all countries in the world today. In line with this common goal, the Belt and Road Initiative (BRI) is highly compatible with the UN 2030 Agenda for Sustainable Development. China attaches great importance to and responds to the needs of participating countries for economic and social development, focusing on the fundamental issue of development and supporting infrastructure construction in BRI countries and regions.
Source: Global Times | 2019/4/22 20:05:28

Has the Chinese economy hit its low point at 6.4% growth?

China's GDP rose 6.4 percent in the first quarter, matching the fourth quarter of last year. The market has reached the bottom earlier than expected in the beginning of 2019, and the economy also has hit its low point. However, in both the long and short run, the economic revival has been lackluster.
Source: Global Times | 2019/4/21 21:13:39

International energy market uncertainties may complicate the Fed's interest rate decision

The US Federal Reserve changed its hawkish stance in the March Fed meeting by signaling no rate hikes this year. Moreover, even US President Donald Trump and his top economic advisor Larry Kudlow have been calling on the Fed to cut interest rates these days.
Source: Global Times | 2019/4/18 16:30:01

China's economy is regaining traction, thanks to stimulus, technology investment, BRI

Following careful and substantive fiscal and monetary pump-priming, China's economy is regaining traction, as the country's newest statistics reported cozy 6.4 percent GDP growth for the first three months of 2019. A massive stimulus package, increasing investment and output of high-tech industrial lines have fired up the once sputtering engine.
Source: Global Times | 2019/4/17 21:38:40

Trump's 5G remarks ignore the internet's spirit of openness, sharing and innovation

In this 5G competition, China has many advantages that we didn't have in the past, such as the technical experience of Huawei and ZTE in equipment, more than 800 million internet users, and internet giants like Baidu, Alibaba and Tencent.
Source: Global Times | 2019/4/16 21:43:41

BRI creates new Asian paradigm for global economic integration and inclusiveness

The world has been closely following the Belt and Road Initiative (BRI) since it was announced in 2013. The idea started with developing a platform and financial mechanisms that would integrate developing nations into China's drive for a more cohesive economic policy and build much-needed infrastructure that developing nations need to make the jump to the fifth industrial revolution and take part in the 21st century economic framework.
Source: Global Times | 2019/4/15 20:33:40

Trump's 'epic' trade deal tied to reelection calculation

Although the US and Chinese governments both claimed they are nearer to clinching a trade deal and putting a year-long tariff war behind them, the world probably has to wait for a few more weeks, if not months, before the two superpowers sit down and put ink on paper. The world ought to have the patience to see how the protracted tussle will play out.
Source: Global Times | 2019/4/14 20:33:39

Trump's 'epic' trade deal tied to reelection calculation

Although the US and Chinese governments both claimed they are nearer to clinching a trade deal and putting a year-long tariff war behind them, the world probably has to wait for a few more weeks, if not months, before the two superpowers sit down and put ink on paper. The world ought to have the patience to see how the protracted tussle will play out.
Source: Globaltimes.cn | 2019/4/12 22:32:49

More China-EU deals will bring prosperity but require time, trust and hard work

This week has seen China and the EU come together at a landmark summit that featured discussion at the highest level about how the flow of goods, services and capital between the two economic superpowers can benefit both sides. This is a sensitive subject. The backdrop of testy China-US trade talks and European governments' increased scrutiny of Chinese interest in strategically sensitive sectors are certainly dark clouds, but between them there is sunlight and hope for common ground.
Source: Global Times | 2019/4/11 20:28:13

Will Vietnam become the next 'world's factory' as production moves away from China?

The Vietnamese economy has been touted as a major beneficiary of the US-China trade war as companies are reportedly relocating factories to Vietnam to rebuild their supply chains. Whether the Southeast Asian country can replace China to become the next “world's factory” has become a hot topic of discussion.
Source: Global Times | 2019/4/9 20:03:40

Tougher regulations needed to stave off risks haunting Chinese online financing platforms

As a growing number of internet financing platforms get shut down for their inability to pay back investors, so macro oversight must be stepped up in order to stave off accumulating risks that may hamstring the security and stability of the country's financial system.
Source: Global Times | 2019/4/8 20:28:41

Ice Silk Road framework welcomed by countries, sets new direction for Arctic cooperation

Since the end of the Cold War, and especially since the beginning of the new century, the Arctic has become one of the concerns of international politics and global governance. At present, with the Arctic region facing some new trends, Arctic governance and cooperation have been struggling to move forward.
Source: Global Times | 2019/4/7 21:23:39

Ice Silk Road sets new direction for Arctic cooperation

Since the end of the Cold War, and especially since the beginning of the new century, the Arctic has become one of the concerns of international politics and global governance. At present, with the Arctic region facing some new trends, Arctic governance and cooperation have been struggling to move forward.
Source: Global Times | 2019/4/6 9:30:29

Why is Malaysian Prime Minister considering buying fighter jets from China instead of EU?

While many may think that Mahathir is bargaining with the EU, with China unwittingly being the bargaining chip, I don't think that's the case. Mahathir is unlikely to say something without thinking.
Source: Global Times | 2019/4/3 17:28:40