BUSINESS >>Insider's Eye

China must shoulder responsibility for the B&R

The two-day Belt and Road Forum for International Cooperation has ended with great success and the joint communique showed the firm confidence and unity of the global community to work ...
Source: Global Times | 2017/5/15 22:38:40

Guangdong, HK, Macao can play key role for B&R

With the “One Belt and One Road” (B&R) initiative expected to support China’s medium- and long-term development, practical measures are needed to deal with the challenges of implementing the plan.
Source: Global Times | 2017/5/14 23:08:40

China must act fast to escape middle income trap

Has China fallen into the middle income trap? My answer would be yes. Based on the available data, in the late 1990s, investment of 1 yuan ($0.14) could bring an ...
Source: Global Times | 2017/5/11 22:08:39

Beijing shuts down roadside shop-front businesses, at expense of migrant workers

The municipal government of Beijing has kicked off a city-wide “clean-up” campaign, bringing down illicit shop-fronts and constructions with bulldozers, electric saws and sledgehammers.
Source: Global Times | 2017/5/10 22:23:39

China must prepare response to Trump tax plan

US President Donald Trump’s economic team unveiled a one-page plan on April 26, proposing what they called the largest tax cuts since Ronald Reagan’s presidency. For individual taxes, the proposal ...
Source: Global Times | 2017/5/10 22:18:39

Is a bubble emerging in China’s bike-sharing market?

The first time my father saw a bicycle was when he was a teenage junior middle school student early last century in Guang’an city, Southwest China’s Sichuan Province.It was the ...
Source: Global Times | 2017/5/9 20:18:39

Buffett concedes error of not recognizing Internet potential as returns normalize

Warren Buffett respects his elders. During Berkshire Hathaway’s annual shareholder bash in Omaha on Saturday, the 86-year-old Oracle sang the praises of – and delivered early 88th birthday wishes to ...
Source: Global Times | 2017/5/9 20:13:39

Belt and Road can ease imbalance in globalization

The current problems brought by globalization are the result of contradictions between global productivity distribution and global production relations. After more than three decades of development, global productivity distribution has ...
Source: Global Times | 2017/5/8 18:48:39

ECB unlikely to ease up on tough love for Greece, but that may be in investors’ best interest

Greek bonds are investors’ last chance to take a free ride courtesy of the European Central Bank (ECB). Athens could soon be eligible for the bank’s program of bond purchases, ...
Source: Global Times | 2017/5/8 18:43:39

Innovation not yet out of the shadow of investment

China’s economy grew by 6.9 percent in the first quarter of 2017, the fastest pace since the third quarter of 2015, but we should not be too optimistic about the ...
Source: Global Times | 2017/5/7 19:13:39

Disappointing China results mean that Apple needs big success with new iPhone

Apple’s next iPhone will be key to its future in China. Sales in what was once the company’s biggest growth market have now fallen for five straight quarters. Stiff competition ...
Source: Global Times | 2017/5/7 19:08:39

Emerging economies face challenging new cycle

After the US Federal Open Market Committee decided in its mid-March meeting to further raise its benchmark interest rates and to reduce the Federal Reserve’s $4.5 trillion balance sheet gradually, ...
Source: Global Times | 2017/5/4 21:03:39

China’s industrial strategy offers a lesson for the US

As the world watches anxiously for signs of US President Donald Trump’s next move vis-à-vis China, Chinese leaders remain focused on the next stage of their country’s ongoing economic transformation. ...
Source: Global Times | 2017/5/2 18:18:39

Theresa May should end dithering over tough action to fix UK pension pickle

The UK’s pension pickle is a key credibility test for Theresa May. The UK prime minister is dithering over whether to keep guaranteeing above-inflation increases to pensioners. She shouldn’t.
Source: Global Times | 2017/5/2 18:13:39

China can learn from Europe on garbage disposal

In a tragic incident on December 20, 2015 in the Southern Chinese city of Shenzhen, a huge mountain of construction debris collapsed resulting in many casualties. The landslide caused by ...
Source: Global Times | 2017/5/1 18:58:39

Toshiba desperate to avoid delisting but axing PwC would harm efforts to win back trust

Toshiba’s move to switch accountants reflects a desperation to avoid delisting. The crisis-stricken Japanese group may ditch the Big Four auditor it hired only last year, Reuters reported Wednesday, which ...
Source: Global Times | 2017/5/1 18:53:39

CSRC under pressure as investors bemoan latest source of stock market blues

China’s stock markets remain in gloomy territory, with the primary Shanghai Stock Exchange Composite Index plummeting 200 points from close to 3,300 points earlier in April. In only two weeks, ...
Source: Global Times | 2017/4/27 23:33:41

Tech plus cash offers new model for Chinese firms

For a long time, Chinese enterprises have given the impression of lacking core technology while having plenty of investment strength, backed by their previously accumulated wealth. But a number of ...
Source: Global Times | 2017/4/27 23:33:41