BIZ >> Expert assessment

How can economic zones in Africa sustain growth?

At the Beijing Summit of the Forum on China-Africa Cooperation in 2006, China promised to establish three to five overseas economic and trade cooperation zones in African countries within three years.
Source: Global Times | 2018/6/3 22:13:39

Asian investors taking key role in derivatives market

Asian retail investors are increasingly flexing their muscles and becoming important participants in the derivatives market. Chicago Mercantile Exchange (CME) Group's retail trading volume has risen by 40 percent from 2015 to 2017, with the top three traded products in Asia Pacific being crude oil futures, E-mini S&P 500 futures and gold futures. Over the past two years, nearly half of all retail clients acquired globally by CME Group have been from Asia Pacific, signifying that interest from traders in this region is on the rise.
Source: Global Times | 2018/6/3 19:23:40

China's support can aid Africa's smart cities drive

The African continent has been striving for the past decade to establish innovation, entrepreneurship and connectivity as pillars for sustainable development planning in the region. Among the key elements of this strategy is the development of urban centers with key information technology tools and the integration of the concept of smart cities into African socioeconomic integration.
Source: Global Times | 2018/5/31 22:33:41

China no longer world's waste reprocessing plant

China announced a ban on imports of garbage in July 2017. Although it was a low-profile announcement, it drew wide reaction internationally.
Source: Global Times | 2018/5/30 0:03:48

With proper policies, HK can be San Francisco of Asia

The direction of the Hong Kong economy is a challenging question. Hong Kong has limited space and a dense population. Most of the factories have moved to the Chinese mainland. The developed financial and real estate industries act as two pillars of its economy.
Source: Global Times | 2018/5/29 20:58:39

Russia aims to follow China's lead with African ties

Russia's Minister of Trade and Industry Denis Manturov and his Egyptian counterpart Tarek Kabil signed an agreement to establish a Russian industrial zone during the 11th Egyptian-Russian Economic Commission meeting in Moscow on Wednesday. This will boost cooperation between the two countries, especially in the industrial, agricultural and customs fields.
Source: Global Times | 2018/5/28 20:23:40

Taiwan's dollar diplomacy doomed to end in failure

The African country Burkina Faso on May 24 declared it would break off diplomatic relations with Taiwan. On May 26, State Councilor and Foreign Minister Wang Yi and Alpha Barry, the foreign minister of Burkina Faso, jointly signed a communique to resume diplomatic ties. It showed the limitations of Taiwan's dollar diplomacy.
Source: Global Times | 2018/5/27 22:03:39

Indonesia's path to prosperity lies in manufacturing

Indonesia is full of optimism, but much must be done to achieve its ambitions. Early last year, President Joko Widodo (Jokowi) set a goal for the country to become the world's fourth-largest economy by 2045, which will also be the 100th anniversary of independence.
Source: Global Times | 2018/5/24 21:03:40

US trade coercion moves must be abandoned

The US and China have pulled back from the brink of a potentially nasty trade war, following several rounds of intensive negotiations in Beijing and Washington.
Source: Global Times | 2018/5/23 21:58:42

Reasoning, talks can resolve Sino-US trade disputes

There are inevitable conflicts and friction in China-US economic ties, given the discrepancy between the two countries' economic systems and structures, reserves of natural resources and standards of living. Despite such differences, there's still immense leeway for the world's two largest economies to complement each other's strengths.
Source: Global Times | 2018/5/22 23:23:40

Trade agreement is best outcome for China, US

There won't be a Sino-US trade war. This was the core achievement of Vice Premier Liu He's negotiations with the US. According to the statement made on Saturday, the two sides agreed to reduce the US trade deficit with China. China will increase the imports of US goods and services, including agricultural products and energy exports, and will attach more importance to patent protection and two-way investment.
Source: Global Times | 2018/5/21 22:03:40

US falsehoods show it can't escape Thucydides's Trap

Recently, the US Department of State issued an independent report accusing China of using debtbook diplomacy to serve its strategic aims in the Asia-Pacific. In the report, it mentions that China is providing strategic loans to small countries in the region and seizing the resources it wants when those countries have trouble repaying the debt. The report grabbed worldwide attention.
Source: Global Times | 2018/5/20 22:28:39

Improving energy security needs long-term govt focus

Energy prices, especially oil and natural gas prices in China, have made a strong comeback after a temporary decrease earlier this year. From January to April, imports of crude oil and natural gas rose 8.9 percent and 36.4 percent year-on-year respectively, while costs were up 32.3 percent and 66.6 percent.
Source: Global Times | 2018/5/17 23:38:41

China, Russia can both benefit from Far East progress

Vladimir Putin began his fourth term as Russian president last week. In recent years, there has been speculation that the closer relations between China and Russia may have been partly the result of Russia's need for allies amid increasing pressure from the West.
Source: Global Times | 2018/5/16 22:23:41

India's economy hinges on improved transportation

India's economy has grown rapidly over recent years, and the level of development in some areas has increased significantly. But why is the traffic still so bad? The problem has many causes.
Source: Global Times | 2018/5/15 22:13:40

Online options feeding boom in secondhand car sales in China

Secondhand cars are becoming increasingly popular in China, with the nation's auto market maturing and its internet-savvy population availing of a growing number of auto trading sites.
Source: Global Times | 2018/5/15 21:48:40

Consensus can still be found in China-US talks

China and the US are about to kick off the next round of dialogue and consultation. However, the two sides are currently very divided.
Source: Global Times | 2018/5/14 21:23:40

Indian stock market offers diversification opportunity for Chinese investors

ICBC Credit Suisse Asset Management Co has announced the public offering of the ICBC Credit Suisse India Market Fund, China's first publicly offered fund for investing in India.
Source: Global Times | 2018/5/13 21:28:39