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Tweets don't tell truth of trade war's cost

Comments on the trade war have been made by pro-Trump radio host Bill Mitchell, who tweets things like: While US consumers purchase 80 percent of what the US makes here, the poor Chinese purchase a very small portion of what they make.
Source: Global Times | 2019/5/26 21:59:48

Party leadership helps improve corporate governance

In recent years, some foreign institutions and organizations have cast doubt on the corporate governance of Chinese businesses. They have serious misunderstandings about the role of Party organizations in particular. Based on company rules and organizational structures, China's privately run companies have long been acting as independent entities that operate voluntarily and effectively according to market-oriented principles, and the Party organizations have not directly interfered in their operations.
Source: Global Times | 2019/5/26 16:53:22

Qualcomm, T-Mobile and Sprint thrown for a loop under US administration's unpredictable oversight

Qualcomm, T-Mobile US and Sprint have been thrown for a loop lately. And they and their investors have the random nature of oversight in President Donald Trump's administration to thank for it.
Source: Global Times | 2019/5/26 16:48:39

US needs to stop strangling Huawei and its advanced 5G

Ever since we entered the new century, mankind has benefited greatly from the internet and broadband. Sea changes are taking place in the way of our jobs, our learning, our interaction and our entertainment, thanks to the speed of invincible but ubiquitous internet linkages powered by the previous 2G and 3G, now 4G, and the impending and much faster 5G.
Source: Global Times | 2019/5/24 21:47:05

Trade trends show China should take the opportunity to diversify its market

The China-US trade row has been drawing a lot of attention. A detailed review of the bilateral trade situation between China and the US from January through April is a good reference for the future trend.
Source: Global Times | 2019/5/23 22:40:37

Industry chain can help retain rare-earth primacy

With the world watching closely as to whether China will use rare earths as countermeasures in the US-China trade war, news has emerged that Australian rare-earths producer Lynas Corp will cooperate with US company Blue Line Corp to set up a rare-earth separation facility in the US.
Source: Global Times | 2019/5/23 22:23:40

British Steel loan the worst of bad options compared to nationalization or shutting down plants

Greg Clark has one of the worst jobs in the UK government. The business secretary needs to decide whether to nationalize British Steel, let it go bust with the loss of at least 5,000 jobs, or apply a sticking plaster to let it limp on. All three are bad options, but the last is the worst.
Source: Global Times | 2019/5/23 17:07:31

Time is on China's side in trade talks with US

The US recently acted unilaterally to impose tariffs on Chinese exports. The international community generally believes that imposing tariffs will not solve problems and will have a negative impact on the world economy.
Source: Global Times | 2019/5/23 16:53:40

Chinese economy sets sail for a long, confident journey toward prosperity

The quarterly and annual reports of listed firms in the financial sector are like mirrors reflecting the actual performance of the sector as well as changes in financial services and macroeconomic moves.
Source: Global Times | 2019/5/22 21:45:18

Europe has much to lose by following US on Huawei

Despite being blacklisted by the Trump administration, Huawei has reaffirmed its commitment to roll out 5G and expressed its wish to do it in “the European way.”
Source: Global Times | 2019/5/22 21:45:17

Modi win will underpin India's market exuberance as political continuity keeps valuations stretched

Indian voters just gave the country's stock market some support. Prime Minister Narendra Modi's ruling Hindu-nationalist Bharatiya Janata Party is coasting to a comfortable second term, based on exit polls released on Sunday. If the electorate has indeed looked past employment problems and rural economic distress, the prospect of political continuity will keep valuations stretched for the time being.
Source: Global Times | 2019/5/22 19:58:40

US crackdown on Huawei poised for failure

As pundits foresaw a year ago, the initial trade tussle between the world's two major powers has veered toward a full-blown technology war. What motivates the Trump administration to accelerate the battle is its belief that by inflicting as much pain on China as possible, Beijing's dream of climbing up the high-tech economic ladder will be throttled.
Source: Global Times | 2019/5/22 19:53:40

US blockade of Huawei could be watershed for Chinese chipmakers' self-reliance

The US Commerce Department announced last week that it is adding Huawei Technologies Co and its affiliates to the so-called "Entity List," blocking the telecom giant from buying parts and components from US companies without a license.
Source: Global Times | 2019/5/21 21:18:36

Huawei takes practical approach in face of pressure

While the US blockade of Huawei may seem like an extreme case, it is true that Chinese companies have been facing growing pressure globally, as when the world economy is facing great uncertainties amid rising protectionism and unilateralism.
Source: Global Times | 2019/5/21 21:03:07

WeWork's plans to buy buildings could hedge against lease costs, but benefit will only go so far

WeWork is getting more complex as it readies for an IPO, but its central problem remains simple. The shared-office firm has set up a unit to buy buildings it can then let out to its customers. It's a way to hedge against rising lease costs and cash in on WeWork's supposed halo effect. If tenants prove fickle or demand subsidies, though, the benefit of owning property only goes so far.
Source: Global Times | 2019/5/21 19:44:22

The yuan's depreciation does more harm than good

As uncertainty looms over the China-US trade row, the disadvantages will outweigh the benefits if the yuan falls 7 to 1 against the US dollar. A 7 to 1 exchange rate is a key position that can impact market confidence. If the yuan falls, it may inspire overseas capital flight. More importantly, it will give the US a pretext during the future trade talks.
Source: Global Times | 2019/5/21 19:37:04

Nation must guard financial security amid trade war

The INSTEX mechanism set up by several European countries to skirt US sanctions on Iran can perhaps be used as a reference for China to hedge financial risks amid a trade war with the US.
Source: Global Times | 2019/5/20 22:45:48

How to transform China's rare-earth resources into strategic advantages

Rare-earth minerals are key elements required for many functional materials in modern high-tech fields, earning them the nickname "Vitamins of Modern Industry." The rare-earth sector is a hot industry in China, which has become a focus of public opinion amid tensions between China and other developed countries like the US.
Source: Global Times | 2019/5/20 21:38:40