BIZ >> Expert assessment

Will Vietnam become the next 'world's factory' as production moves away from China?

The Vietnamese economy has been touted as a major beneficiary of the US-China trade war as companies are reportedly relocating factories to Vietnam to rebuild their supply chains. Whether the Southeast Asian country can replace China to become the next “world's factory” has become a hot topic of discussion.
Source: Global Times | 2019/4/9 20:03:40

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