BIZ >> Expert assessment

Looming US stock correction won’t hurt A shares

A near-term correction that apparently looms in the US stock market won’t have much impact on China’s A-share market, which can still rise during the rest of this year.
Source: Global Times | 2017/8/27 20:08:39

Do US voters want ‘America first’ or ‘Trump first’?

We all know that President Donald Trump used the slogan of "America first" and won the election. The people were keen to see what the president would bring them with his policies. Now 200 days are long enough for a newly elected president to show his talent and his ability and let the world see what he can do for the US.
Source: Global Times | 2017/8/27 19:18:39

Rising debt casts shadow over global economy

Debt risk remains the sword of Damocles hanging over the sustainable growth of the world economy. In 2017, global debt continued to rise amid an intensifying imbalance of debt risk distribution, which exacerbated the possibility of global systemic risk and brought new uncertainties to global financial stability, hampering long-term economic growth.
Source: Global Times | 2017/8/24 22:08:39

Economic fundamentals don’t support stronger yuan

The risk of yuan depreciation doesn’t seem to be troubling investors any longer, with the currency having been on a gradual upward trend for about three months. The central parity rate of the yuan was set at 6.6633 per US dollar on Wednesday, according to the China Foreign Exchange Trading System.
Source: Global Times | 2017/8/23 21:48:40

Western powers neglect how China shared innovation throughout history

Lately when reading the news, we see a lot of talk about an imminent trade war that will break out among the biggest economies in the world, namely China, Europe and the US.
Source: Global Times | 2017/8/22 21:58:40

Bannon misreads Sun Tzu in going to economic war

President Donald Trump’s former chief strategist Steve Bannon is said to have read many books, including The Art of War by Sun Tzu, a Chinese classic on strategy written about 2,500 years ago. It’s little book that one easily reads many times, as have many executives in modern organizations.
Source: Global Times | 2017/8/21 18:48:39

High-speed rail technology requires IP protection

Having experienced a period of innovation, China’s high-speed rail sector has fully mastered the nine core technologies and become a new impetus for the nation’s sustainable economic development with complete, proprietary intellectual property.
Source: Global Times | 2017/8/20 18:48:39

Section 301 probe won’t shake up China’s economy

On Monday, US President Donald Trump announced the launch of the so-called Section 301 trade investigations into China’s relevant laws, policies and practices for violations of US intellectual property rights (IPR). While the news went viral on domestic and foreign media, I don’t think the investigation will cause much trouble for the Chinese economy.
Source: Global Times | 2017/8/17 22:08:40

China's Financial sector must resume role of serving real economy

The relationship between the real economy and the financial sector has always been the core subject of macroeconomics. In essence, positive interactions between the two are not only the basis of national financial stability and security, but also the foundation of sustainable development of the national economy and even the world economy.
Source: Global Times | 2017/8/16 22:13:39

China needs new plan for Silicon Valley partnerships

The once-sizzling romance between China and Silicon Valley has cooled rather dramatically. This has some potentially serious consequences for both sides, but especially for China, which desires to invest in and gain access to some of the hottest new ideas from this cradle of innovation. A new strategy is needed.
Source: Global Times | 2017/8/15 23:13:39

Strong rupee raises questions about India's real competitiveness

Flush global liquidity has lifted Asian currencies including the Indian rupee this year. A weak dollar has also helped in spite of rising US policy rates. Against the dollar, the Indian rupee is up 6.8 percent so far this year and is at a two-year high. In sharp contrast to being one of the “fragile five” during the 2013 taper tantrum, the rupee is one of the region’s best performers this year.
Source: Global Times | 2017/8/14 22:53:39

Market research lacking in China’s sharing economy

E Umbrella lost nearly 300,000 umbrellas. The admittedly comical story raced around the world, with article after article chronicling the downpour on the beleaguered start-up. Undeterred, however, E Umbrella’s owner Zhao Shuping wants to release 14 million more umbrellas before the end of the year.
Source: Global Times | 2017/8/13 20:03:40

Identifying ‘gray rhinos’ key to reducing their risk

It’s only recently that the term “gray rhino” entered the lexicon of the economic world, but what it indicates — large and obvious risks that are often neglected — has always been around.
Source: Global Times | 2017/8/10 23:03:40

Thriving Chinese e-sports need touch of regulation

E-sports is big business. South Korea, Japan, the US and more have dedicated leagues, receiving huge sponsors, attracting millions of viewers and making millions for top players. China certainly has a scene of its own, with a market worth more than any other in the world. But quantity does not equate to quality.
Source: Global Times | 2017/8/9 22:13:39

Finance must resume natural role in real economy

Internal and external risks are weighing on China’s financial system, and an “explosion” of any of these problems could endanger the stability of the entire system.
Source: Global Times | 2017/8/8 22:13:39

Boosting rental home market requires more reforms

Only if China makes efforts that go well beyond the pilot program, can housing speculation be fundamentally eased.
Source: Global Times | 2017/8/7 21:53:40

Financial risk can’t be ignored amid restructuring

Since mid-2016, the importance of risk prevention has gained frequent mention at meetings at various levels in China. The recently concluded National Financial Work Conference, held only once every five years, clearly stated that the nation needs to guard against financial risks.
Source: Global Times | 2017/8/6 20:23:39

EU should encourage Central and East Europe to develop trade ties with China

In recent years, China-EU cooperation has become an important driving force to promote globalization, but waves of anti-globalization and protectionism have also emerged in some developed European countries, pushing for the restriction of Chinese investment in Europe. Central and Eastern European countries actively adopted the Belt and Road (B&R) initiative and pushed for the development of “16+1” cooperation between Central and Eastern Europe and China, adding “positive energy” to Sino-EU cooperation.
Source: Global Times | 2017/8/3 20:38:39