BUSINESS >>Insider's Eye

Italy makes concessions to EU as capital flight increases, but tensions may resume

Spooked by hostile markets, Rome's anti-austerity government is offering to trim its 2019 budget deficit goal by 0.4 percent of GDP. The U-turn may help Italy escape damaging EU fines. ...
Source: Global Times | 2018/12/17 19:23:39

Slowdown may last until support policies kick in

A slew of worse-than-expected data for China's economy in November was recently released, and some of the difficulties are expected to continue next year.
Source: Global Times | 2018/12/17 19:18:40

AIIB should broaden horizons to gain global impact

The Asian Infrastructure Investment bank (AIIB) has had global ambitions ever since its establishment in December 2015. The bank has “three global goals” – global recruitment, global procurement and global ...
Source: Global Times | 2018/12/16 21:07:34

Drinks giant Pernod lagging behind Diageo but with better governance it could catch up

It's getting increasingly crowded at the bar for shareholder activists in Europe, but it's still possible to get a good drink. Elliott Advisors, the US hedge fund manager, has found ...
Source: Global Times | 2018/12/16 19:58:40

Africa needs to switch focus from Europe to China

While the world has come to peace with the emerging role of China in Africa, where its win-win strategy has provided African nations with an alternative way to develop their ...
Source: Global Times | 2018/12/13 20:48:41

US lawmakers continue to exhibit worrying ignorance when facing tech challenges

A grilling of Google chief Sundar Pichai revealed that Congress is still searching for a clue. The US lawmakers he faced on Tuesday failed to land a blow, and seemed ...
Source: Global Times | 2018/12/13 20:48:41

Overseas cooperation vital for VR sector to succeed

While there has been much discussion of the tech world rivalry and competition between China and the US, the sphere of immersive technologies arguably calls for greater joint collaborative efforts. ...
Source: Global Times | 2018/12/12 19:28:41

Investors should be wary as global stock market valuations still appear over-priced

Are global equities cheap yet? After two sharp corrections in February and October 2018, investors will be running their rules over stock-market valuations. They should be wary of falling victim ...
Source: Global Times | 2018/12/12 19:28:40

China's lower-tier cities offer big market opportunity

All opportunities come from contradictions and variations, as is the case with stocks – without rises and falls, no one would have the opportunity to make a profit. Therefore, it ...
Source: Global Times | 2018/12/11 19:43:40

Meituan harming itself further with unsavory opacity over corporate problems

Distasteful disclosure practices are spoiling some Chinese food delivery ventures. Meituan Dianping, operator of the country's biggest food delivery app, fired one employee and referred others to police after an ...
Source: Global Times | 2018/12/11 19:43:39

Changing times call for flexible policy response

Expectations have played an important role in decision-making in the trade row between China and the US. The irrational expectations of some American politicians involving the Chinese economy are an ...
Source: Global Times | 2018/12/10 20:58:57

Global moves against Huawei come at a price with costs, outages likely to increase

A global anti-Huawei push risks making an already concentrated market even less competitive. The drive could lead to higher mobile bills, less investment and more widespread outages like the one ...
Source: Global Times | 2018/12/10 20:06:37

US, EU protectionism won't stall China's tech rise

In the 1980s, a lot of people were hailing the trend toward “science and technology without borders.” At that time, many of the unknowns and problems faced by human beings ...
Source: Global Times | 2018/12/9 19:53:29

Debt, mismanagement leave South Africa's state-owned power firm in the dark

As rolling power blackouts hit South Africa last week, an old gag resurfaced. “What did South Africans use for lighting before candles?” Answer: “Electricity.” The problems at state-owned Eskom are ...
Source: Global Times | 2018/12/9 19:53:17

China not to blame for US fentanyl-abuse epidemic

In recent years, drug addiction involving a synthetic opioid known as fentanyl has led to a rapid rise in the number of overdose deaths in the US.
Source: Global Times | 2018/12/6 23:03:43

5G more deserving of investment than transportation

With the aim of stabilizing the economy, China seems to have been stepping up spending on infrastructure recently. The central government has not only increased the issuance of special local ...
Source: Global Times | 2018/12/5 23:13:40

Pensions unsustainable without new system

Every society faces the difficult task of providing support for older people who are no longer working. In an earlier era, retirees lived with their adult children, providing childcare and ...
Source: Global Times | 2018/12/3 22:18:08

Healthy balance sheet and sales in China could make L'Occitane a tempting option

L'Occitane could prove a fragrant option for private equity suitors. The Provence-inspired soap-and-skincare brand has struggled of late, in part because of a costly expansion. But a clean balance sheet, ...
Source: Global Times | 2018/12/3 22:10:53