BUSINESS >>Insider's Eye

Sogou IPO depends on close ties with Tencent for generating Wall Street heat

Baidu rival Sogou is planning an IPO in the US. But convincing investors to back a distant No.2 in China’s mobile-search market could be tricky. Sogou’s relationship with backer Tencent ...
Source: Global Times | 2017/8/6 20:18:39

Risky investments may squander sweat of masses

Recently, conglomerates including Fosun, Wanda and HNA that were in the limelight for large-scale overseas investment have responded to new announcements by the government demanding rationality in overseas investment. Guo ...
Source: Global Times | 2017/8/6 20:18:39

Tensions with US a chance to build Sino-Russia ties

The US has started removing furniture and equipment from a diplomatic property in Moscow, according to Reuters, after Russia ordered the US to cut diplomatic staff in the country as ...
Source: Global Times | 2017/8/3 20:38:39

Three steps for China to dominate global AI sector

Recently, China’s artificial intelligence (AI) development has attracted domestic and international attention. The State Council issued a new plan to guide the development of China’s AI from basic technology to ...
Source: Global Times | 2017/8/2 21:33:39

Closer scrutiny a cure for ailing banking sector

Debt extended by Chinese banks continues to bulge, subjecting housing and stock markets to outsize volatility. This indicates that long-running concerns over China’s sprawling banking sector have not been placated. ...
Source: Global Times | 2017/8/1 21:08:40

Time to purge systemic risk from economy

Over the past decade, China’s economic growth gradually slowed from 14.2 percent in 2007, the peak of the previous decade, to lower than 7 percent currently. While GDP growth has ...
Source: Global Times | 2017/7/31 21:08:39

Baidu earnings rebound buys time for search giant to find new center for future profits

On Thursday, the Chinese Web giant Baidu reported a forecast-beating jump in quarterly earnings, suggesting its core search business is rebounding. This gives Baidu more room to focus on mobile ...
Source: Global Times | 2017/7/31 21:08:39

Tightening debt could put overseas firms at risk

Chinese privately owned Landbridge Group has been in the headlines in Australia recently. In 2015, the Chinese company paid A$504 million ($402.52 million) for a large number of terminals, land ...
Source: Global Times | 2017/7/30 17:33:39

SEC warning on dodgy fundraising brings wave of digital-currency debuts back down to earth

The ballooning market for so-called initial coin offerings (ICOs) – which has boomed to $1.3 billion so far this year – just got a reality check. The Securities and Exchange ...
Source: Global Times | 2017/7/30 17:28:40

Code of conduct needed to reduce moral hazard

There is growing consensus that it is of critical significance to make accurate evaluations and predictions of systemic risks facing the Chinese economy. And it is believed that a prudent ...
Source: Global Times | 2017/7/27 21:28:39

Google could help itself in antitrust fight with more transparency about Alphabet

Alphabet’s opacity is hindering Google’s antitrust fight. Despite huge efforts outside its core online search business, the $685 billion juggernaut still looks like a one-trick pony with nearly 90 percent ...
Source: Global Times | 2017/7/27 21:18:39

China should not ‘open’ market to credit rating monopolists

Recent business news seems to point to a more open China market for overseas investors and financial services. A more open market will generally accommodate more competition, and will bring ...
Source: Global Times | 2017/7/26 20:23:39

Abe’s low popularity threatens painful structural changes Japan desperately needs

Japan’s reform momentum is under threat. Prime Minister Shinzo Abe’s approval ratings have crashed, ending a period of unusual political stability. The response is more likely to be populist spending ...
Source: Global Times | 2017/7/26 20:18:40

Statistics hide the changing face of work in India

A debate about job creation and employment is heating up in India, fueled by data that seem to show the country is entering a period of jobless growth. Official statistics ...
Source: Global Times | 2017/7/25 19:38:39

China’s B&R initiative leading a resurgence of Asia

China’s first quarter data indicated it grew at 6.9 percent, beating analysts’ forecasts and surpassing its annual target. Other data supports a solid economy and a continuing growth trend. Two ...
Source: Global Times | 2017/7/24 19:58:39

Puppy love keeps IPO investors on the leash, with the help of sensible valuation

A case of puppy love just swept over the stock market. After Snap, Blue Apron and YogaWorks appeared to spell doom for initial public offerings of trendy, fast-growing businesses, shares ...
Source: Global Times | 2017/7/24 19:53:39

Japan-EU agreement may help save Abe’s credibility

Japanese Prime Minister Shinzo Abe, European Council President Donald Tusk and European Commission President Jean-Claude Juncker jointly announced in early July that they had reached agreement in principle on the ...
Source: Global Times | 2017/7/23 17:28:39

Alibaba rewrites its e-commerce playbook, trumpeting bricks-and-mortar push

China’s e-commerce giant is abandoning its unique selling point. Alibaba is trumpeting a push into bricks-and-mortar shopping. It’s not alone but the stakes are particularly high for the $392 billion ...
Source: Global Times | 2017/7/23 17:23:39