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Burning Chinese goods will hurt investors' confidence in India

While anti-China sentiment is on the rise, a key question for India is how to deal with made-in-China products: burning them, or replacing them with made-in-India products? The latter is better.
Source: Global Times | 2019/3/20 20:43:40

Wall Street will play big part in making German regional banking champion through merger

Overexcited, overpaid and over here. The comic line once aimed at American soldiers in Europe also summarizes the involvement of US banks in the possible merger of Deutsche Bank and Commerzbank. If the deal happens, it could owe much to Wall Street nous.
Source: Global Times | 2019/3/20 17:13:40

China's adaptability can handle economic changes

Those who have followed China's trajectory since 1949 can admire the resilience and the adaptability of Chinese policymakers to global economic changes, geopolitical shifts and nation building, based on scientific planning with corrections along the way.
Source: Global Times | 2019/3/20 17:03:40

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

Italy's plan to join BRI aims to build multiple gateways between Asia and Europe

Italy is set to sign a memorandum of understanding with China on cooperation within the framework of the China-proposed Belt and Road Initiative (BRI). The move will have profound impact and be of great significance to both countries.
Source: Global Times | 2019/3/19 21:28:40

Brazil will prioritize its interest, not US' on Huawei

A new front has opened in Washington's campaign against telecoms giant Huawei as media reports have said US officials warned their Brazilian counterparts of their security concerns about the Chinese company.
Source: Global Times | 2019/3/19 21:23:40

Hostile Japanese deals targeting corporations propel Abe's third arrow to hit bull's-eye

Things are getting testier at Japan Inc. In a rare act of domestic corporate aggression, trading house Itochu snatched a degree of control over $1.8 billion sportswear maker Descente. Toshiba, meanwhile, faces a shareholder insurrection while electronics group Alps Alpine has been sued over the merger that created the company. These hostilities are helping propel Japanese Prime Minister Shinzo Abe's so-called third arrow.
Source: Global Times | 2019/3/19 17:03:40

China will achieve growth target despite headwinds

Despite the trade skirmish between the US and China, the majority of Chinese officials and ordinary folk seem in high morale. They are sanguine that the country is currently moving on the right track, and the world's second-largest economy will regain its impetus and streak ahead.
Source: Global Times | 2019/3/19 16:58:40

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

Why Chinese drinkers are the greatest 'contributors' to China's stock market

Can you imagine a major stock market with a liquor brand showing the strongest growth momentum? In China, it can happen. The rising share price of China's leading liquor maker Kweichow Moutai is a reflection of the consumption transformation in the world's second-largest economy, which is often ignored by Western observers.
Source: Global Times | 2019/3/18 20:03:39

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

Latest crackdown on banks gives Hong Kong's stricter safeguards an IPO edge

It may have taken a while, but Hong Kong finally showcased an investor-protection edge. The financial regulator banned UBS from leading market debuts for a year, and the Swiss bank and three of its peers will pay $100 million in fines for shoddy due diligence on initial public offerings stretching back to 2009. As bourses battle to host the next wave of unproven startups, the city's aegis provides a bit of extra comfort.
Source: Global Times | 2019/3/18 18:23:40

Why Chinese drinkers are the greatest 'contributors' to China's stock market

Can you imagine a major stock market with a liquor brand showing the strongest growth momentum? In China, this can and does happen. The rising share price of China's leading liquor maker Kweichow Moutai is a reflection of the consumption transformation in the world's second-largest economy, which is often ignored by Western observers.
Source: Global Times | 2019/3/18 14:01:33

Benign rivalry can be catalyst for global aviation sector

US aviation giant Boeing Co is facing one of its toughest tests, as the second crash of a 737 Max jet in five months has raised questions about the safety of the company's flagship workhorse. Some observers believe the crisis will be an opportunity for China's domestically produced planes, especially the C919 large passenger aircraft, but we don't agree.
Source: Global Times | 2019/3/17 20:08:39

What might a China-US trade deal bring?

The US government announced in late February a delay to the March 1 deadline to increase tariffs on Chinese products following trade negotiations between the two countries. And hopes are running high for a trade agreement to be reached sometime later when leaders of the two countries meet.
Source: Global Times | 2019/3/17 17:53:39

Belated Boeing 737 action marks US soft power erosion, allies skeptical of its leadership

Boeing's belatedly grounded jets are an apt symbol of the erosion of US soft power. After saying there was no problem in the wake of two crashes, the most recent on Sunday, the Federal Aviation Administration (FAA) on Wednesday grounded Boeing's 737 Max 8 and Max 9 aircraft. The FAA usually shows the way, but many other governments had already banned the planes.
Source: Global Times | 2019/3/17 17:48:39

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

Is US really 'in no rush' to make a trade deal with China?

US President Donald Trump said on Wednesday he was “in no rush” to make a trade deal with China, but we don't believe it.
Source: Global Times | 2019/3/14 21:26:46