BIZ >> Expert assessment

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

German business enthusiasm for Belt and Road Initiative to prompt pragmatism from Berlin

German business circles have shown growing enthusiasm toward the Belt and Road Initiative (BRI), even though the German government is still wrangling over the infrastructure-building initiative.
Source: Global Times | 2019/4/2 21:23:40

It's not a bad thing if European economies start embracing industrial policies again

Many Western media have recently reported that the EU is embracing industrial policy again, saying that the EU is inclined to accept the French proposal to carry out European industrial policies to reinvigorate its industry and strengthen the foundation of Europe's economic recovery.
Source: Global Times | 2019/4/1 21:33:40

Europe needs to focus on technological development instead of caving to the US

Wary of losing its economic predominance to China, the US government has been on the offensive to challenge China on trade, future technologies, and investment. The assault could intensify if politicians in Washington see weakness in China's resolve to fight back.
Source: Global Times | 2019/3/31 18:38:40

With high dependency on imported oil, China needs to continue strategic petroleum reserve buildup

According to a recent blueprint report on China's oil and gas industry for year 2018-19, the nation's apparent oil consumption reached 648 million tons in 2018, up 6.95 percent compared with the previous year, while China's net imports of crude oil rose 10.9 percent year-on-year to 460 million tons. The report also said that China's dependency on imported crude oil was approaching 70 percent last year.
Source: Global Times | 2019/3/28 20:13:40

China and Kazakhstan to embrace new stage of ties

The last several years have been a defining period in the development of relations between Kazakhstan and China. Never before have our two nations embarked on such an ambitious and globally important project as the revival of the ancient Silk Road. Since independence, Kazakhstan has strongly believed in enhancing international trade and facilitating greater business ties with its closest neighbors. For this reason, Kazakhstan's first President Nursultan Nazarbayev pursued open market policies that facilitated and enhanced global trade, not just in the region, but around the world.
Source: Global Times | 2019/3/28 18:18:43

Despite pressure from the US, Europe can only win with China

As the US pressures its EU counterparts on many issues ranging from trade, investment, and security agreements, China has found itself in the middle of an economic and geopolitical struggle between its two important trading partners.
Source: Global Times | 2019/3/27 16:58:40

With India's general election on the horizon, the shining record of Modinomics faces bumpy road

The Indian general election will kick off next month. It will be the final exam for the Modi administration. With the success of Modinomics in Gujarat, Modi's Bharatiya Janata Party created a miracle five years ago. By analyzing both the gains and losses of Modinomics, a better understanding of India can be gained.
Source: Global Times | 2019/3/26 19:58:40

The US only hurts itself by pointing fingers at China-proposed Belt and Road Initiative

The United Nations Security Council extended the mandate assistance mission in Afghanistan on March 15. Unlike before, it only gave a six-month extension rather than one year. The reason for the shorter extension is that the US opposed China's attempt to write the Belt and Road Initiative (BRI) into the resolution. Wu Haitao, China's Deputy Permanent Representative to the UN, described the smear by the US regarding the BRI as “contrary to the facts and fraught with prejudice.”
Source: Global Times | 2019/3/25 18:08:39

Stronger 'state capacity' will help India overcome obstacles, push forward economic development

India is one of the fastest-growing economies in the world. However, the country has to overcome some overbearing obstacles as it pushes forward economic development and catches up with the latest advances in industrialization and modernization. In order to achieve such an objective, the Indian central government has to tackle two tasks that may contradict each other.
Source: Global Times | 2019/3/24 15:58:39

Italy's plan to join the Belt and Road Initiative a pragmatic path to boosting its economy

Italy is set to be the first G7 country to join the China-proposed Belt and Road Initiative (BRI) by signing on to the initiative with China, a development that is expected to meet the respective needs of both sides.
Source: Global Times | 2019/3/21 20:03:41

China needs to identify hydrogen vehicles as the main direction in NEV development

During the second session of the 13th National People's Congress, China's top legislature, the development of the hydrogen energy industry became a focus of discussion, as a number of deputies from relevant industries submitted practical motions in this regard.
Source: Global Times | 2019/3/20 15:38:40

New foreign investment law underscores China's determination of further opening-up

China's National People's Congress (NPC), the country's top legislature, passed a new foreign investment law on Friday. The new law would replace three existing laws on various types of foreign investment and signal China's latest round of comprehensive and high-level opening-up.
Source: Global Times | 2019/3/18 20:23:40

Hopes high for Italy to jump on board the BRI train

China and Italy formally established diplomatic relations in 1970. Leaders of the two countries have made frequent visits to each other's countries since then and political mutual trust has been rising continuously. The two countries established a comprehensive strategic partnership in 2004, taking bilateral relations a step further. China proposed the Belt and Road Initiative (BRI) in 2013 and the Italian government has reiterated its willingness to participate in the initiative. Many EU members have thus far joined the BRI's circle of friends. If Italy signs up for the initiative, it will become the first G7 country to endorse the BRI, indisputably adding new strength to BRI-enabled international cooperation.
Source: Global Times | 2019/3/18 18:33:39

World technological competition escalates to new level of national security bickering

Scientific and technological exchanges and intellectual property disputes are common issues in global trade. However, due to the deepening US-China rivalry, scientific and technological exchanges and intellectual property disputes between the two countries have been quickly raised to the exaggerated level of national security and espionage, which could spiral out of control.
Source: Global Times | 2019/3/17 16:08:39