BUSINESS >>Insider's Eye

Latin America should not be left out of B&R initiative

A look at the map of the regions covered by the Belt and Road (B&R) initiative shows it will extend across Asia, Europe, Africa and the Middle-East. Officially, it will ...
Source: Global Times | 2017/5/31 22:53:40

New wave of robots will be beneficial to all

In 2013 Carl Frey and Michael Osborne, researchers at Oxford University, predicted that robots would take over nearly half of US jobs. Their finding has been supported in principle by ...
Source: Global Times | 2017/5/30 22:18:39

Anil Ambani’s telecom business stuck in doldrums as sibling rivalry takes new turn

India’s Ambani brothers are never far from drama. An upstart telecom operator led by elder brother Mukesh, India’s richest man, has upended the industry. Younger brother Anil’s Reliance Communications (RCom) ...
Source: Global Times | 2017/5/30 22:13:39

Long way to go for flammable ice to be a solution

China has recently succeeded in mining flammable ice in the South China Sea, a historic breakthrough for the country’s exploitation and utilization of natural gas hydrates. This is of great ...
Source: Global Times | 2017/5/25 23:13:39

Strong regulation vital for Chinese stock market stability

China’s stock market has had a torrid time recently, with the benchmark Shanghai Composite Index falling more than 230 points since early April. This has been met with a torrent ...
Source: Global Times | 2017/5/24 23:28:39

Tax reform needed to avoid middle income trap in China

Not long ago, Peking University economics professor Cao Heping wrote in an op-ed in the Global Times that China had avoided the threat of the middle income trap. But shortly ...
Source: Global Times | 2017/5/23 21:48:39

Failure to tackle deleveraging task in China will only lead to greater pain

With China currently facing the urgent tasks of tightening financial supervision and clamping down on financial leverage, there is a need to learn from the experiences of the Japanese and ...
Source: Global Times | 2017/5/22 23:28:40

CNPC, Sinopec set to ride out oil sector woes

In the coming few years, we expect China’s refining capacity to rise as new refineries begin operating and demand growth remains sluggish. As a result, utilization rates, and subsequently profit ...
Source: Global Times | 2017/5/21 22:03:39

China taking on leadership role in difficult times

Can we imagine a world in which China is the leading economic power? Can we think about a new global governance concept inspired by China’s successful political system? Is it ...
Source: Global Times | 2017/5/18 20:33:39

Yuan bonds to support Belt and Road financing

Since 2013, China’s Belt and Road (B&R) initiative has become one of the most prominent investment themes in the global capital markets. According to the Xinhua News Agency, China signed ...
Source: Global Times | 2017/5/17 22:43:40

Sino-Indian relations likely to remain complicated

The 8th Heads of Mission Conference was held recently in New Delhi. As the conference lasted for four days and 120 Indian ambassadors and senior diplomats all over the world ...
Source: Global Times | 2017/5/16 21:33:39

China must shoulder responsibility for the B&R

The two-day Belt and Road Forum for International Cooperation has ended with great success and the joint communique showed the firm confidence and unity of the global community to work ...
Source: Global Times | 2017/5/15 22:38:40

Guangdong, HK, Macao can play key role for B&R

With the “One Belt and One Road” (B&R) initiative expected to support China’s medium- and long-term development, practical measures are needed to deal with the challenges of implementing the plan.
Source: Global Times | 2017/5/14 23:08:40

China must act fast to escape middle income trap

Has China fallen into the middle income trap? My answer would be yes. Based on the available data, in the late 1990s, investment of 1 yuan ($0.14) could bring an ...
Source: Global Times | 2017/5/11 22:08:39

Beijing shuts down roadside shop-front businesses, at expense of migrant workers

The municipal government of Beijing has kicked off a city-wide “clean-up” campaign, bringing down illicit shop-fronts and constructions with bulldozers, electric saws and sledgehammers.
Source: Global Times | 2017/5/10 22:23:39

China must prepare response to Trump tax plan

US President Donald Trump’s economic team unveiled a one-page plan on April 26, proposing what they called the largest tax cuts since Ronald Reagan’s presidency. For individual taxes, the proposal ...
Source: Global Times | 2017/5/10 22:18:39

Is a bubble emerging in China’s bike-sharing market?

The first time my father saw a bicycle was when he was a teenage junior middle school student early last century in Guang’an city, Southwest China’s Sichuan Province.It was the ...
Source: Global Times | 2017/5/9 20:18:39

Buffett concedes error of not recognizing Internet potential as returns normalize

Warren Buffett respects his elders. During Berkshire Hathaway’s annual shareholder bash in Omaha on Saturday, the 86-year-old Oracle sang the praises of – and delivered early 88th birthday wishes to ...
Source: Global Times | 2017/5/9 20:13:39