BUSINESS >>Insider's Eye

US deregulation could upset China’s financial reforms

Following a wave of executive orders signed by new US President Donald Trump over a couple of weeks, he made a new move by directing the Secretary of the Treasury ...
Source: Global Times | 2017/2/12 21:38:39

China should stabilize exchange rate to hedge risks

China’s foreign exchange reserves dipped below the $3 trillion mark to $2.998 trillion in January for the first time in nearly six years. Meanwhile the yuan strengthened in January, with ...
Source: Global Times | 2017/2/9 23:53:39

China bankers have become an asset with diminishing returns for foreign firms

Chinese rainmakers are becoming a headache. Global banks still need them to navigate the country’s corporate waters. But sudden disappearances of corporate and financial tycoons make high-flying staff a risky ...
Source: Global Times | 2017/2/9 23:48:40

The global economy’s surprising resilience

Disconcerting political developments in the US and the UK might lead one to conclude that an already challenged world economy will struggle even more in the near term. But as ...
Source: Global Times | 2017/2/8 20:23:39

Silicon Valley fights for its life in legal battle against Donald Trump’s travel ban

Silicon Valley is fighting for its life on immigration. Over 100 tech firms, including Google, Facebook and Apple, have joined the legal battle against President Donald Trump’s executive order temporarily ...
Source: Global Times | 2017/2/8 20:18:39

New wave of globalization requires cooperation

The recurring wave of anti-globalization in the past two years is generally considered to be a result of the rise in protectionism. In fact, this trend can be viewed as ...
Source: Global Times | 2017/2/7 20:58:39

Disney boss risks overstaying welcome as departure gets delayed for third time

Bob Iger may swing for a three-peat. The Walt Disney chief executive is considering delaying for the third time his departure from atop the House of Mouse. It’s a sign ...
Source: Global Times | 2017/2/7 20:53:39

Interpretations for PBC rate hike are flawed

The People’s Bank of China (PBC), China’s central bank, surprisingly raised a series of money market interest rates on Friday. This move came on the first working day after the ...
Source: Global Times | 2017/2/6 20:23:39

Greece in a mess but not at the brink of defaulting on debts if rationality prevails

Who benefits if Greece defaults on its debts? Neither its creditors nor its obstreperous government. That is the best reason to hope that tense talks on whether the country deserves ...
Source: Global Times | 2017/2/6 20:18:39

China set to power its future with green tech advances

China has been moving toward a more sustainable future based on electrical power. Even so, China has invested in new highly efficient coal-fired power stations to the dismay of those ...
Source: Global Times | 2017/2/5 19:03:39

India state firm fusion plan in the oil sector is a risky marriage of convenience

India may see bigger as easier. Tucked into the budget released on Wednesday was a plan to create national champions, starting in the oil sector. The idea pairs industrial logic ...
Source: Global Times | 2017/2/5 18:58:39

Security may undermine Trump’s debt plans

As we entered the new year, all indications pointed to a remaking of the global order. Donald Trump was inaugurated as President of the United States, Chinese President Xi Jinping ...
Source: Global Times | 2017/2/2 18:58:40

Apple working harder to squeeze iPhone juice with new services, related products

Apple is working harder to squeeze juice out of its iconic iPhone. The company sold more units in the holiday quarter, yet profits fell. A saturated market and slowing innovation ...
Source: Global Times | 2017/2/2 18:53:40

Modi’s demonetization plan has been a failure

The demonetization of 1,000 and 500 Indian rupee notes by Indian Prime Minister Modi on November 8, 2016 has turned out to be a big failure.
Source: Global Times | 2017/1/24 21:43:39

History shows US small-cap equities will continue stellar performance in 2017

Despite contentions over the sustainability of the Donald Trump stock rally, investors shouldn’t give up faith that US equities – particularly US small-cap stocks – will continue to be on ...
Source: Global Times | 2017/1/24 21:38:39

China needs to escape the ‘deindustrialization trap’

Manufacturing serves as the foundation for a nation’s economy and its development to a large extent affects the development of other sectors. A country’s advanced manufacturing can also guarantee a ...
Source: Global Times | 2017/1/23 19:23:39

Calm words won’t stop bankers from leaving London prior to Brexit agreement

An outbreak of common sense may come too late to stop bankers leaving London. The City is the European Union’s main capital market, and a big source of tax revenue ...
Source: Global Times | 2017/1/23 19:18:39

Economic analysis will enable good US policies

Most economies are seeking a recipe for inclusive economic growth, whereby high rates of investment, rapid innovation and strong GDP gains are pursued alongside measures to reduce income inequality. Conservatives ...
Source: Global Times | 2017/1/22 21:33:39