BIZ >> Expert assessment

West's ODA leaves Africa weak, underdeveloped

Official Development Assistance (ODA) was designed to provide development resources including capital and technology to less-developed areas. Since World War II, Western donor countries have provided considerable amounts of aid for Sub-Saharan Africa. But we have not seen many examples, if any, of escaping the trap of poverty with these flows of ODA.
Source: Global Times | 2018/4/11 22:58:44

US can't cite China's 'economic aggression' in LatAm

Acting on behalf of US President Donald Trump, Vice President Mike Pence will travel this week to South America, after Trump cancelled his planned visit to deal with issues in Syria.
Source: Global Times | 2018/4/10 22:13:40

Trump's protectionism will dent confidence in US

US-China trade friction will not cause capital flight from China. On the contrary, investors know how the friction has arisen and they have a clear view on where it is going. The wise will put their money on China instead of the US.
Source: Global Times | 2018/4/9 22:48:39

Wall Street, right-wing policies a blind spot for US

In the past, we also suggested China should pay back part of the trade deficit to the US market through industrial investment, by using the capital account to balance the current account.
Source: Global Times | 2018/4/8 21:18:40

Chinese firms need new, broader definition of CSR

As China is entering a new economic era that will focus on high-quality production, technological innovation and social wellbeing, questions have arisen as to how State-owned enterprises (SOEs), corporate leaders and entrepreneurs can be part of the new drive.
Source: Global Times | 2018/4/5 14:18:17

More work needed for China's rise in industrial world

Since reform and opening-up began in 1978, China's industrialization has accelerated and taken off, growing at an extraordinary pace. Some observers believe the country has reached the middle-to-late phase of industrialization. But I would argue, more cautiously, that the nation remains in the middle phase of industrialization.
Source: Global Times | 2018/4/3 21:33:39

Cooperation should set the course for China-US ties

US President Donald Trump has signed a memorandum to impose tariffs on up to $60 billion in Chinese products and restrict mergers and acquisitions by Chinese companies. This move has triggered strong reactions among global financial markets.
Source: Global Times | 2018/4/2 21:48:39

India destined to participate in the B&R initiative

The attitude of India toward the Belt and Road (B&R) initiative has been making headlines. Although doubts remain, I believe that India will participate sooner or later, because for India, the advantages of being an active participant far outweigh the disadvantages.
Source: Global Times | 2018/4/1 21:58:40

'Petroyuan' to propel currency internationalization

The Shanghai debut of China's first yuan-denominated crude futures trading market on Monday proved a great success, with major domestic and foreign traders displaying active interest. Total turnover amounted to 18.3 billion yuan ($2.9 billion) on the first trading day.
Source: Global Times | 2018/3/29 21:43:41

Crude oil futures another step toward a global yuan

A special moment came at 9am on Monday morning when the Chinese version of crude oil futures began trading in China. The Shanghai International Energy Exchange has drawn global attention with this move.
Source: Global Times | 2018/3/28 21:48:40