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Nepal gauges interests in choosing China rail norm

Nepal will use Chinese gauge standards for a planned nationwide rail network, the Nikkei Asian Review reported. It is easy to understand the disappointment in India, which failed to persuade Nepal to adopt its wider gauge, but there is no need to view Kathmandu's reported decision as a threat.
Source: Global Times | 2019/2/25 21:44:09

Economic development will remain India's focus regardless of election outcome

As India's lower house Lok Sabha elections approach, Devendra Fadnavis, chief minister of Maharashtra, said that if the Bharatiya Janata Party (BJP) loses, India will regress at least 50 years. Of course, Fadnavis was obviously over exaggerating.
Source: Global Times | 2019/2/25 21:44:02

BRI not meant to counter US Indo-Pacific strategy

Since its inception, the “Belt and Road” initiative (BRI) has been gaining partners around the world. The international community's attitude toward the BRI has gradually changed from initial incomprehension, suspicion and fear to one of understanding, acceptance, and participation.
Source: Global Times | 2019/2/25 16:53:40

After robust fourth quarter, Barclays has new ammunition for fight against corporate crusader

In the Catholic catechism, a “just war” restores moral order rather than merely exacting revenge. Corporate crusader Edward Bramson has reason for bloodlust given the losses he has sustained since he disclosed a 5 percent stake in Barclays nearly a year ago. But his battle to capture a board seat and cut the investment bank down to size is on shakier ground after a broadly robust fourth quarter.
Source: Global Times | 2019/2/25 16:33:39

Rising middle class may mean bright future for Tesla

As US-based electric carmaker Tesla gears up its deliveries of the Model 3 in China, test drives are in hot demand at Tesla showrooms. Some customers have shown great enthusiasm for the Model 3, just like they did almost one decade ago when the iPhone 4 made its debut in China.
Source: Global Times | 2019/2/24 22:10:50

Now it is time for the US to repair fraught ties with Huawei

If a country wants to claim a top perch as a technology leader, it should ratchet up market competition rather than obstructing rivals.
Source: Global Times | 2019/2/24 18:28:39

China trusts Europe's smart choice on Huawei

The UK's National Cyber Security Centre recently concluded that any risk posed by using Huawei 5G networks can be managed, according to unnamed sources cited by the Financial Times. Some Western media have said that this shows the UK and other European countries haven't followed the US on the so-called outright ban on Huawei's 5G equipment. Instead, they are cautiously taking a relatively balanced view based on their own interests. The UK is part of the intelligence-sharing group known as Five Eyes, and its approach on the issue is likely to set an example for other European countries to address security concerns involving Huawei and to purchase Huawei's 5G equipment.
Source: Global Times | 2019/2/24 17:08:39

Lenovo's reboot could run low on battery as demand for handsets, servers and PCs wanes

Lenovo's reboot could run low on battery. The world's top PC-maker more than doubled pre-tax earnings in the December quarter from a year earlier, confirming a turnaround under boss Yang Yuanqing is underway. That's mostly powered by cost cuts in the $9 billion group's handset and server units. But with demand cooling for both, a Lenovo comeback may be difficult to sustain.
Source: Global Times | 2019/2/24 17:03:39

Beijing, Islamabad committed to making flagship CPEC project example for world

The China-Pakistan Economic Corridor (CPEC) is an example for the rest of the world.
Source: Global Times | 2019/2/21 22:34:06

India-Pakistan economic ties should not be interrupted by terror attack

India and Pakistan need to avoid engaging in a trade war that will deal a blow to their own economies as well as that of China.
Source: Global Times | 2019/2/21 22:19:37

Saudi Arabia's crown prince visits Asia seeking economic cooperation, not political mediation

The major goal for Crown Prince Mohammed bin Salman of Saudi Arabia to visit to India, China and Pakistan is to seek economic cooperation rather than to engage in any political mediation.
Source: Global Times | 2019/2/21 17:34:02

'Vietnam model' offers insights for developing North Korea

With the leaders of North Korea and the US set to hold their second summit in Hanoi, Vietnam's capital, next Wednesday and Thursday, there have been growing discussions surrounding whether North Korea will follow Vietnam's path to develop its economy. While it is not realistic for North Korea to completely copy “the Vietnam model,” given its different national conditions and the global environment, Vietnam's experiences may indeed offer some useful insights for North Korea.
Source: Global Times | 2019/2/21 16:03:40

Passing of Karl Lagerfeld is a moment for reflection on where Chanel will go

Coco Chanel once remarked that “fashion passes, style remains.” The French billionaire brothers who own Chanel will undoubtedly replay those words in their heads as the fashion industry mourns Karl Lagerfeld's passing. The iconic German designer, who for 36 years led the catwalk for the Parisian fashion house, was 85. A normal company might use the occasion to sell the business while it's still enviously coveted. But a deal looks a long way off.
Source: Global Times | 2019/2/21 15:58:40

Foreign firms can benefit from 'Made in China 2025'

Many wonder if 2019 will see an end to the “Made in China 2025” initiative.
Source: Global Times | 2019/2/20 21:08:15

Italian grudge may steer Vivendi's M&A mandate in one of Europe's biggest deals of 2019

“It's just business” may be difficult for Vincent Bolloré to utter. Vivendi, the media group he controls, is sore about the work JPMorgan did with activist investor Elliott Advisors in last year's Telecom Italia saga. The grudge may rear its head in one of the biggest European deals of 2019.
Source: Global Times | 2019/2/20 17:43:40

The US can't let debt cast shadow on its economy

As the data released by the US Department of Treasury last week showed, the country's total federal debt outstanding has exceeded $22 trillion. The US debt grew more than $1 trillion in the past 11 months.
Source: Global Times | 2019/2/20 17:38:40

Modi reforms for foreign investment worth applause

India has accelerated its efforts to make it easier to do business in the country. As China's labor cost advantage shrinks, Chinese enterprises should pay attention to changes in the Indian economy.
Source: Global Times | 2019/2/19 20:58:41

China's monetary policy to sail out of the 'reefs' and into smoother waters ahead in 2019

The year 2018 saw China's monetary policy carefully sail through the “reefs,” as economic slowdown and surging exchange rate risk left little room for adjustment. However, since the beginning of this year, major internal and external changes have broken the dilemma.
Source: Global Times | 2019/2/19 20:58:40