BUSINESS >>Insider's Eye

Lurking risks obscured by positive economic news

As 2018 begins, things are looking up for the global economy. Over the last six months, growth projections by official institutions like the IMF, matched or even exceeded by private ...
Source: Global Times | 2018/1/18 19:18:39

China reclaiming its status as a leader in innovation

Invention is the original act of creation while innovation is the creation of value at scale. Scale is critical, because it enables us to build companies that reduce costs, expand ...
Source: Global Times | 2018/1/17 21:48:40

JD.com's move to funnel funds into beefed-up logistics subsidiary makes sense

JD.com's switch in logistics stacks up. The Chinese online retailer is raising $2 billion to fund its warehousing and delivery unit, Reuters reported on Monday. This sensible burden-sharing brings JD ...
Source: Global Times | 2018/1/17 21:48:39

China's efforts to upgrade domestic textile industry are symbolic of green progress

Partly because it is such a massive global industry, the textile trade is closely linked to a number of development issues such as employment and labor, and also the promotion ...
Source: Global Times | 2018/1/16 20:18:40

What's not to like in the global economic picture in 2018?

In February 2017, I wrote an optimistic commentary called “The Global Economy's Surprising Resilience.” The piece came as a surprise to those who saw only bleak prospects for Western countries, ...
Source: Global Times | 2018/1/16 20:18:39

Australian wine exporters taking on French rivals in China

In recent years, the performance of Australian wine in the Chinese market has been impressive, competing strongly with traditional wine suppliers such as France. According to China's customs data, a ...
Source: Global Times | 2018/1/15 21:08:40

Euro's growing strength prepares ground for ECB to phase out negative rates

Financial markets have started doing European Central Bank President Mario Draghi's job for him. The euro hit three-year highs and government bond yields rose after eurozone rate-setters hinted they may ...
Source: Global Times | 2018/1/15 21:03:39

Activist investors likely to keep it up in 2018 with Wells Fargo a possible target

Activist investors deployed a record $62 billion in campaigns for corporate change in 2017, according to Lazard – more than double the amount a year earlier. They'll still be at ...
Source: Global Times | 2018/1/14 19:08:40

Shaking off poverty is an obligation for China

The central government has listed elimination of poverty by 2020 as one of its top priorities. It's a task that is both achievable and indeed obligatory considering the country's enormous ...
Source: Global Times | 2018/1/14 19:08:40

China, Mongolia aim to take ties to new level

China is now Mongolia's largest trading partner and its second-largest source of foreign investment. The two countries recorded bilateral trade of $4.96 billion in 2016, and although the full-year figures ...
Source: Global Times | 2018/1/11 21:36:47

China, Mongolia aim to take ties to new level

China is now Mongolia's largest trading partner and its second-largest source of foreign investment. The two countries recorded bilateral trade of $4.96 billion in 2016, and although the full-year figures ...
Source: Global Times | 2018/1/11 21:29:06

China should address downward pressure in 2018

In 2017, the Chinese economy rebounded more significantly than expected. There is now general anticipation that growth in 2018 will fall slightly compared with that of 2017, but that it ...
Source: Global Times | 2018/1/10 23:13:40

Chinese firms must prepare for US security barriers

Alibaba's digital payments offshoot Ant Financial recently announced it had given up on its planned purchase of US cash transfer company MoneyGram International as the $1.2 billion offer failed to ...
Source: Global Times | 2018/1/10 0:18:39

Cooperation with Cambodia offers huge potential

Located on the Indochina Peninsula, Cambodia is an important stop on the ancient Maritime Silk Road and a pivot for the construction of the 21st Century Maritime Silk Road. The ...
Source: Global Times | 2018/1/8 22:23:40

EU's MiFID II rules aim to make finance fairer but could make situation worse

Europe's market big bang offers clear pain for a fuzzy gain. The overhaul of financial rules bundled in the European Union's MiFID II directive is designed to make finance fairer ...
Source: Global Times | 2018/1/8 22:23:39

Economists need to change old mindsets on inflation

The fact that inflation has remained stubbornly low across the global North has come as a surprise to many economic observers. In September, the always sharp and thoughtful Nouriel Roubini ...
Source: Global Times | 2018/1/7 23:33:39

Record number of China's domestic IPOs may sound impressive but key problems remain

A shares just smashed another record, with 2017 seeing an unprecedented number of new listings on the two main bourses in the Chinese mainland. But although it may seem like ...
Source: Global Times | 2018/1/4 21:18:40

China could soon leapfrog US in innovation

China has achieved much since 1978, when its reform and opening-up began. In terms of headline economic progress, the pace of China's transformation over the past 40 years is unprecedented. ...
Source: Global Times | 2018/1/4 21:18:39