BUSINESS >>Insider's Eye

MoBike and ofo, China’s ‘bicycle Ubers’ start-ups, are worth taking for a spin

MoBike and ofo are billed as pedal-powered answers to Uber, the ride hailing app. Although backed by top local tech giants, the start-ups are asset heavy and capital intensive. They ...
Source: Global Times | 2016/10/28 0:03:39

China can learn from India’s ‘Robin Hood’ banker

Reserve Bank of India (RBI) Deputy Governor Urjit Patel became the 24th Governor of the RBI when he succeeded Raghuram Rajan, who resigned from office on September 4. Rajan, India’s ...
Source: Global Times | 2016/10/26 23:33:39

Sterling’s ‘flash crash’ provides opportunity for yuan

On October 7, the British pound plunged 10 percent in a matter of minutes in early trade in Asia, dropping to a 31-year low at one point before rebounding. There ...
Source: Global Times | 2016/10/26 0:13:39

China outdoes India in project management

Despite having suffered setbacks in recent years amid overseas expansion moves that have often taken the form of bidding and contracting, Chinese businesses are still seen as having done an ...
Source: Global Times | 2016/10/24 22:53:39

China needs to protect property rights for all sectors

A guideline on improving legal protection for property rights was recently passed by China’s Central Leading Group for Comprehensively Deepening Reforms. The guideline reflects the further development of China’s Constitution, ...
Source: Global Times | 2016/10/23 22:48:39

BRICS need to address challenges to strengthen ties

BRICS nations, while achieving substantial benefits through their joint efforts, must also face up to the divergence in their interests, which has given rise to concerns that BRICS not only ...
Source: Global Times | 2016/10/20 23:03:39

Chinese companies should focus on domestic resources rather than investing in India

There has been a lot of talk recently in the Indian media as well as on social media about boycotting Chinese products but trust me, I am well aware ...
Source: Global Times | 2016/10/18 21:53:39

Sino-European investment has untapped potential

Global economic growth, says the IMF, has been “too slow for too long.” A major reason has been sharply decelerating growth in global trade, which the World Trade Organization expects ...
Source: Global Times | 2016/10/18 21:53:39

US-Saudi Arabia tensions could benefit yuan

Recently, the US Senate voted to overturn President Barack Obama’s veto of a bill that would allow the families of victims of the September 11 terrorist attacks to sue Saudi ...
Source: Global Times | 2016/10/17 23:03:39

Focus needed on reducing outdated capacity in China

People tend to have different views on the issue of reducing overcapacity, which is recognized as a vital component of China’s supply-side structural reform. I’d like to express my view ...
Source: Global Times | 2016/10/17 0:08:39

Africa needs BRICS to play more prominent role

The mantras and phenomena of “dominating markets” and “maximizing profits” have contributed to reproducing a status quo that many have understood to be “under-development,” or the development of a “Third ...
Source: Global Times | 2016/10/14 0:43:39

Problems won’t halt BRICS progress

The development of the emerging economies of the BRICS – Brazil, Russia, India, China and South Africa – will be influenced by each country’s economic circumstances. Expectations for the BRICS ...
Source: Global Times | 2016/10/13 0:28:39

Lenovo needs better acquisition strategy

The acquisitive Lenovo was in M&A headlines again last week, when media reports said it was in talks to buy the aging PC business of Fujitsu, an operation that is ...
Source: Global Times | 2016/10/11 21:43:39

Should China scrap its industrial policy?

Debate about whether China should pursue its industrial policy has been heated recently, with renowned Chinese economists Justin Yifu Lin and Zhang Weiying arguing strongly against each other. The Global ...
Source: Global Times | 2016/10/10 22:48:39

China's housing policy must recognize local conditions

Starting from September 30 till now, more than 20 cities including Beijing, Shanghai, Shenzhen and Nanjing announced new measures to curb real estate purchases such as home buying restrictions and ...
Source: Global Times | 2016/10/10 0:33:39

China set to contend with US for lead role in growing global market for VR goods

When it comes to augmented reality (AR) or virtual reality (VR), China and the US are expected be the two leading countries in terms of driving innovation and content creation ...
Source: Global Times | 2016/10/8 23:38:39

Return to fiscal policy needed for world economy

Since the global financial crisis of 2008, monetary policy has borne much of the burden of sustaining aggregate demand, boosting growth and preventing deflation in developed economies. Fiscal policy, for ...
Source: Global Times | 2016/10/8 23:33:39

Further internationalization of China’s finance sector will lead the way for future reform

Recently, there have been two milestones which signify the further internationalization of China’s finance sector, one is the yuan’s inclusion into the IMF’s Special Drawing Rights currency basket, the other ...
Source: Global Times | 2016/9/30 0:13:39