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Can US firms blame China for low investment return?

Sino-US trade friction, to some extent, arises from unbalanced trade as well as disputes over technology investment and transfer. Below the surface are cognitive and logical discrepancies between the two countries, which go beyond conflicts regarding fair trade and competition.
Source: Global Times | 2018/7/17 22:43:40

B&R can help UAE upgrade into a regional hub for Chinese visitors, businesses

Burj Khalifa, Dubai's iconic skyscraper, has been lit up with a new LED show in the colors of the Chinese flag ahead of Chinese President Xi Jinping's visit to the United Arab Emirates (UAE), which starts on Thursday. The Arab country has seen an increasing number of Chinese elements such as Chinese-speaking staff in shops as it strives to attract more Chinese tourists.
Source: Global Times | 2018/7/17 22:43:39

'China speed' makes it a valuable partner for Latin America on infrastructure

The international trading system is going through turbulent times. Long established standards are being challenged. What until recently seemed platitudinous – like the notion that a rules-based order was in the interests of all – is now being questioned. Global supply chains are being disrupted, and we are moving into tit-for-tat trade skirmishes that feed on themselves. We all know how these spats start; what we don't know is how they end. In such circumstances, it is best to keep one's eye on the ball, and not be distracted by all the noise that accompanies such developments.
Source: Global Times | 2018/7/17 22:38:39

Potential returns from Fox dwindling as fierce battle for control keeps pushing up price

The price tag for Twenty-First Century Fox assets keeps increasing as Walt Disney and Comcast fight for bits of Rupert Murdoch's empire. Yet one number just gets smaller: the return on investment for whoever wins.
Source: Global Times | 2018/7/17 22:13:39

Will Ivanka teach Trump that tariffs add up to a lose-lose situation for China, US?

As US President Donald Trump drags many US companies into a trade dispute with China, some Western observers have noted critically that Ivanka Trump's clothing and shoe businesses are exempt from her father's tariffs on Chinese goods.
Source: Global Times | 2018/7/16 22:43:40

Market 'driving force' of China's global oil strategy

China's energy transformation toward renewable sources doesn't negate the need for the nation to become an oil power to support the economy's continued growth. With domestic oil and gas production unable to meet rising consumption, local oil giants will increasingly focus on overseas expansion, particularly considering that major domestic oil fields are running low after decades of drilling.
Source: Global Times | 2018/7/16 22:43:39

US trade aggression creates opportunity for Africa

As the three major economic blocs are gearing up for a showdown regarding tariffs and trade, Africa is standing on the sidelines with both opportunities and concerns in view.
Source: Global Times | 2018/7/16 22:33:40

Dubious software acquisition could vaporize hard-won credibility of Broadcom boss

Broadcom Chief Executive Hock Tan has used up eight of his nine lives. With a single deal – the $19 billion acquisition of software company CA – he has torched a reputation slowly built through years of savvy acquisitions. Recovering from that will take time, luck and abstinence.
Source: Global Times | 2018/7/16 22:33:39

Privatization could fix Pakistan's educational system

Education – especially primary and secondary schooling – is perhaps the most-discussed topic in Pakistan. Poor education has not only hindered the country's efforts to eradicate poverty and boost growth, but has also exacerbated issues like gender inequality, social conflicts and even terrorism. For an ethnically and socially diverse country like Pakistan, education carries heavy political significance for nation-building, as it builds common symbols and values.
Source: Global Times | 2018/7/15 23:33:40

Fox's $33b bid for Sky pushes value so high that decent return would be hard to achieve

Rupert Murdoch's Twenty-First Century Fox may be about to push the bidding war for Sky into crazy territory. A mooted new 25 billion pound ($33 billion) bid is too high for a buyer to make a decent return. That's mostly a problem for Fox suitor Walt Disney.
Source: Global Times | 2018/7/15 23:33:39

Financial opening doesn't signify China's response to US coercion

The nation's latest round of financial opening is impressive. According to the recently released negative list for foreign investment, the country has scrapped foreign ownership limits on Chinese-invested banks and allowed foreign banks to set up branches or subsidiaries in the country. The upper limits on foreign stakeholdings in domestic brokerages, securities investment fund management, futures companies and insurance firms have been eased to 51 percent. By 2021, all ownership limits will be removed.
Source: Global Times | 2018/7/15 22:33:39

China-Pakistan security cooperation can support progress of economic corridor

A suicide bomb on Friday at a political rally in southwest Pakistan's Balochistan Province killed at least 132 people, the deadliest in a series of assaults on candidates ahead of general elections on July 25.
Source: Global Times | 2018/7/15 22:28:40

'Middle powers' play big role in maintaining intl order

British media reports recently said the middle powers, such as Germany, France, Japan and the UK, should be united to coordinate their positions on major issues, including the world's multilateral trading system, global climate change and arms control, so they can influence the direction of global governance.
Source: Global Times | 2018/7/12 22:23:40

China needs to continue exchange rate reforms despite trade conflict with US

The yuan softened again on Thursday. Amid escalating trade friction with the US, China needs to show greater tolerance for foreign exchange market volatility, if the depreciation is a reflection of market supply and demand.
Source: Global Times | 2018/7/12 22:23:40

US the loser from Trump's nonsensical policies

The Washington Post's Catherine Rampell recently recalled that when US President Donald Trump held a session for Harley-Davidson executives and union representatives at the White House in February 2017, he thanked them “for building things in America.” Trump went on to predict that the iconic American motorcycle company would expand under his watch. “I know your business is now doing very well,” he observed, “and there's a lot of spirit right now in the country that you weren't having so much in the last number of months that you have right now.”
Source: Global Times | 2018/7/12 20:53:41

Latest Supreme Court pick could push judicial balance firmly to the right for a generation

President Donald Trump has given a deregulatory gift to business with his nominee for the Supreme Court. As a federal judge, Brett Kavanaugh has ruled against the Consumer Financial Protection Bureau (CFPB) and net neutrality. His staunch conservatism ensures stiff Democratic resistance. But if Republican numbers prevail, he can tilt the judicial balance to the right for a generation.
Source: Global Times | 2018/7/12 20:53:40

China can take advantage of Trump's trade policy

Does this Sino-US trade tension mean there will be a comprehensive and fierce confrontation between China and the US? Actually, in the foreseeable future, the possibility of this is quite low.
Source: Global Times | 2018/7/11 22:23:41

Resignation of Boris Johnson worsens currency vulnerability as Brexit wrangling continues

The departure of two senior government ministers in less than 24 hours will either make or break Prime Minister Theresa May and her Brexit negotiations. It certainly makes the pound a more binary bet for investors.
Source: Global Times | 2018/7/11 22:23:41