BIZ >> Expert assessment

Leveling the playing fields for domestic and overseas companies sets China's reform road map

The world has been closely watching the latest round of high-level trade negotiations between the US and China, which took place in Beijing on Thursday and Friday, for clues as to whether a trade resolution will be reached before the March 1 deadline.
Source: Global Times | 2019/2/17 20:48:40

With many Chinese not having traveled abroad yet, raising income ought to be top priority

According to the latest data released by the State Administration of Foreign Exchange, China's tourism trade deficit reached $237.4 billion in 2018, an increase of $21.4 billion over the previous year. While the record high figure reflects the growing scale of outbound tourism consumption by domestic residents, it remains questionable whether the domestic demand is so strong that it even caused the record outbound tourism consumption.
Source: Global Times | 2019/2/14 21:23:40

Four economic problems that China needs to carefully manage

There are four key problems facing the Chinese economy in 2019 in the areas of real estate, micro, small and medium-sized enterprises (MSMEs), financial markets and zombie enterprises. The country is probably at a quandary regarding addressing these four key problems.
Source: Global Times | 2019/2/14 18:48:40

What are the implications for China resulting from Trump's World Bank presidential nominee?

Former World Bank president Jim Yong Kim suddenly announced his resignation on January 7, with the resignation taking effect as of February 1. Since then, speculation has been swirling as to who will take over Kim's post.
Source: Global Times | 2019/2/13 22:23:40

Brexit turmoil will continue, but how will it affect UK-China economic relations?

When Britain voted in the 2016 Brexit referendum, there were many in Chinese media who naively thought, “Well, that is a democratic decision. Britain will leave the EU.” However, critical issues in the West, as in other societies, are not decided by formal democratic processes but by power and money and the clash of powerful social forces. Therefore, the referendum did not resolve issues but unleashed the deepest British political crisis since World War II.
Source: Global Times | 2019/2/12 22:18:40

China's central bank bill swap different from Federal Reserve's quantitative easing

The People's Bank of China (PBC), the country's central bank, announced last month the creation of the central bank bills swap (CBS) aimed at supporting commercial lenders' perpetual bond sales. Primary dealers on the open market can swap perpetual bonds issued by qualified banks with central bank bills. Perpetual bonds with AA ratings and above can be used as collateral for medium-term, targeted, and standing lending facilities, and re-lending purposes.
Source: Global Times | 2019/2/11 22:04:59

Indian Ocean evolves to be a geopolitical wrestling venue among major global powers

With the US, Japan, India and Australia successively releasing their own “Indo-Pacific strategy,” the geopolitical competition in the Indian Ocean has gained growing attention and there has been much discussion about the position and role of the Indian Ocean in the geopolitical wrestling.
Source: Global Times | 2019/2/10 20:48:39

Will China be the next Japan or South Korea?

Economic development hardly has a universally successful model. An economic model that successfully catches up is not a model that maintains sustainable growth. The real difficulty is to distinguish whether it is necessary to alter the development model.
Source: Global Times | 2019/2/10 19:23:40

How will Brexit crisis affect China-UK economic ties?

When Britain voted in the 2016 Brexit referendum, there were many in Chinese media who naively thought, “Well, that is a democratic decision. Britain will leave the EU.” However, critical issues in the West, as in other societies, are not decided by formal democratic processes but by power and money and the clash of powerful social forces. Therefore, the referendum did not resolve issues but unleashed the deepest British political crisis since World War II.
Source: Global Times | 2019/2/7 10:00:05

China's new innovation stock board must block fake, unproven technologies

China's stock market authorities have moved to solicit public opinion on a set of newly-revealed rules to manage the country's maiden technology and innovation board, at the Shanghai Stock Exchange. The government aims to shore up the country's sustainable economic growth, in the future, by facilitating the fund-raising ability of a rising number of technology start-ups.
Source: Global Times | 2019/2/4 12:39:30