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Global beauty product market has plenty of room to expand with new innovations

Asia's “glamazons” can apply a dash of Western color. Johnson & Johnson, L'Oreal and other giants have splashed out on cutting-edge cosmetics in Japan and Korea, seeking clout and innovation. Yet local beauty brands like Shiseido and snail mask supremo Amorepacific have room to grow too: they can reverse the trend.
Source: Global Times | 2018/12/24 16:18:14

Trade war, technological war, where will tensions end?

The US-China technology war hype started after the ZTE case came to surface. There has been no doubt that US intention of starting trade war is beyond trade frictions. It means China has to prepare for more US hostilities.
Source: Global Times | 2018/12/24 16:08:39

National action needed as Ofo, once a sharing-economy star, battles for survival

As Chinese bicycle-sharing services provider Ofo teeters on the brink of bankruptcy, we think it is necessary to help the company survive.
Source: Global Times | 2018/12/23 19:50:29

Government can only promote innovation, not drive it

Over the past two years, the sharing economy wave has brought vast changes to the capital market and daily life in China. Bike-sharing is one example.
Source: Global Times | 2018/12/23 19:49:51

Right solutions can bring out China's growth potential

Many unexpected things have happened this year. The UK's Brexit chaos, the European refugee crisis and the China-US trade war have caused uncertainty and have contributed to the economic difficulties worldwide. The US is also likely to see a marked slowdown in 2019.
Source: Global Times | 2018/12/23 18:15:28

Fed rate hike leaves Powell exposed in multiple ways with 2019 set to be a difficult year

The latest Federal Reserve credit tightening leaves Jerome Powell exposed in multiple ways. The US central bank raised rates on Wednesday despite criticism from President Donald Trump. Slowing growth and bearish markets will only complicate its task going forward.
Source: Global Times | 2018/12/23 18:15:23

Dark hour for stocks in Chinese mainland may herald dawn of opportunity for US investors

The darkest hour for the Chinese stock market may be the best time for investors to ditch US equities and increase their holdings of Chinese stocks.
Source: Global Times | 2018/12/20 19:53:53

Comparing Google and Baidu shouldn't be politicized

The Global Times published an article last week, titled “Baidu's 'paid listing' search prompts calls for Google's return,” in which it reported that Chinese users and industry insiders have been enraged by Baidu's search service due to its “scam ads.” Citing users and industry analysts, the report said Baidu had been criticized for its paid listing model that prioritizes revenue over user experience, and they “urged a push for Google's search engine to come back, since it might make Baidu feel threatened enough to change.”
Source: Global Times | 2018/12/20 19:33:43

Goldman Sachs will spend 2019 hoping that 1MDB scandal doesn't ruin everything

The new Goldman Sachs boss, David Solomon, has one of Wall Street's most prestigious jobs, but he also has something to prove. This could be the first year in over a decade that the $63 billion bank starts with a smaller market capitalization than its chief rival, Morgan Stanley.
Source: Global Times | 2018/12/20 19:33:41

China puts NEVs in fast lane with delegation of power

China's central government has delegated the authority to approve new-energy vehicle (NEV) projects to provincial governments, an apparent attempt to nurture an industry that has both huge market potential and the ability to slow global climate change.
Source: Global Times | 2018/12/19 23:10:12

China will fulfill opening-up promises in trade war with US, will Washington do likewise?

At this year's Central Economic Work Conference, top policymakers will set the tone for the next year's macroeconomic policy.
Source: Global Times | 2018/12/19 22:18:40

Banning Huawei would be a bad move for US allies

The bias against Huawei Technologies, solely based on the political considerations of the US government, seems to be spreading to some US allies. At the behest of the US, Australia has joined the US in banning the use of Huawei 5G mobile equipment and other countries, including New Zealand, Canada, Japan, and possibly the UK are set to follow suit.
Source: Global Times | 2018/12/19 19:53:41

Indian unicorns likely to reap massive rewards from advancing into foreign markets

Indian unicorns will feast on richer pastures in 2019. Restaurant search firm Zomato, ride-hailing firm Ola and hotel-rooms aggregator Oyo are leading the charge overseas by the country's largest tech companies. A complex home market, a big diaspora and deep-pocketed backers will ensure success rarely achieved by Asian startups in far-flung lands.
Source: Global Times | 2018/12/19 19:48:40

Cooperation in Africa can increase China-US trust

On December 13, the Trump administration unveiled the new US strategy for Africa, which shifts the nation's priority on the continent from one of counterterrorism to one of competition against China and Russia.
Source: Global Times | 2018/12/19 18:34:29

India's 5G invitation to Huawei may signal sincere turn in bilateral economic ties

Amid concerns in the West about the operations of Chinese telecom giant Huawei, the company has been allowed by India to participate in its 5G trials, the Times of India reported.
Source: Global Times | 2018/12/18 21:39:27

Closer ties would benefit both China and Malaysia

For two countries as linguistically and culturally interlinked as China and Malaysia, there should be closer tourism and commercial ties. This was the conclusion I reached after a recent trip to the capital city of the Southeast Asian nation.
Source: Global Times | 2018/12/18 18:57:38

Johnson & Johnson in danger of becoming cautionary tale as asbestos scandal gathers steam

Johnson & Johnson's talc crisis will linger for years. Investors erased $40 billion of its market value on Friday, after Reuters revealed the US healthcare giant knew for decades its baby powder was sometimes tainted by asbestos. The company says the story is an “absurd conspiracy theory” as various tests “have all found that our cosmetic talc is asbestos-free.” If history is a guide the market may have over-reacted, but lawsuits and brand damage don't easily dissipate.
Source: Global Times | 2018/12/18 18:51:30

US decoupling can't contain China's tech rise

An overall “decoupling” of China and the US seems unlikely, as their massive and extensive economic ties have penetrated into various industries and every corner of life after decades of development. Yet, under the influence of some neoconservatives in the US, there's a rising possibility of “decoupling” in the high-technology field.
Source: Global Times | 2018/12/18 17:43:35