BIZ >> Expert assessment

Xi-Trump meeting dampens trade war risk

US President Donald Trump once pledged to label China a currency manipulator and punish it with high tariffs. If it happens as many fear, China would retaliate against trade sanctions, which could escalate into a full-fledged trade war between the two countries. Yet, in my opinion, the possibility of such a trade war looks unlikely.
Source: Global Times | 2017/4/11 21:48:39

China in need of new model for public goods supply

For China, as an emerging economy, how to play a role as a global public goods supplier and how to improve the global public goods supply system is crucial for its new globalization strategy.
Source: Global Times | 2017/4/10 21:43:39

China should expand aid for refugee crises in North Africa

As China is gaining strength, the country should play a bigger role in global issues, including refugee governance.
Source: Global Times | 2017/4/9 21:43:39

Xi-Trump meeting chance to reset bilateral ties

Given the high degree of interdependence and complementarities in Sino-US trade, no one wants to risk triggering a trade war and both countries should be cautious about introducing any policies that would increase that risk.
Source: Global Times | 2017/4/6 20:53:39

Mutual opening needed in Sino-US relation

For China, in addition to bilateral trade, the meeting will be crucial in forming the country’s strategy for dealing with the US.
Source: Global Times | 2017/4/5 21:13:39

Xi seeks to extend B&R initiative in Finland

Working hand in hand with Finnish innovators, perhaps with the investment of Chinese capital, would help in China’s current drive to tackle problems such as climate change head on.
Source: Global Times | 2017/4/4 20:58:39

Separate AIIB, B&R goals complement each other

In the future, the AIIB will not only support construction projects along the route, but will also offer financial support for infrastructure construction on the regional and global level.
Source: Global Times | 2017/3/30 20:48:41

Xi-Trump set to promote reciprocal relations

Hopefully, at the meeting Xi and Trump can push their countries to adopt a more positive attitude toward bilateral industry and trade cooperation.
Source: Global Times | 2017/3/29 21:38:39

China’s global value chain push can reboot trade

China needs to take the opportunity in the reshaping of the global value chain to enhance the country’s industrial structure competitiveness so as to promote a new round of globalization.
Source: Global Times | 2017/3/28 20:58:39

US should join AIIB to improve financial system

The US, under the Trump administration, should seriously consider joining the Asian Infrastructure Investment Bank (AIIB). Why?
Source: Global Times | 2017/3/27 21:03:39

Madagascar can help bridge Africa-Asia ties

Madagascar hopes to participate in the China-proposed One Belt and One Road initiative to better integrate itself into regional and global economic development, which will help improve the country’s competitiveness.
Source: Global Times | 2017/3/26 19:48:39

Global economy to remain in secular stagnation

Rebalancing global savings and investment requires a negative real interest rate at the global level, but due to constraints from the nominal interest rate and depressed inflation, there isn’t much room for further downward adjustment to the real interest rate. Global savings are expected to far exceed investment for a long time, pointing to the continuation of the world’s economic downturn.
Source: Global Times | 2017/3/23 22:43:39

EEU opportunities through the B&R initiative

There is enormous potential for cooperation between the EEU and the OBOR initiative. The EEU’s economy is highly complementary to China’s, which calls for efforts to tap the potential for further cooperation.
Source: Global Times | 2017/3/23 0:03:39

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