BUSINESS >>Insider's Eye

Trump protectionism double-down will face harsh global economic realities

Donald Trump is doubling down on protectionism. He used his first speech as the 45th president of the United States of America to echo his campaign rhetoric, presenting a dark ...
Source: Global Times | 2017/1/22 21:23:39

An open letter to President-elect Donald Trump

Shortly you will be sworn in and will officially become the new US president. Please accept sincere congratulations from a humble Chinese citizen. As you may have seen, since you ...
Source: Global Times | 2017/1/20 0:38:39

Samsung scandal, unclear fate leads Elliott outside its comfort zone

Samsung Group is leading US hedge fund Elliott away from its comfort zone. A national corruption scandal and the unclear fate of the group’s de facto leader Jay Y. Lee ...
Source: Global Times | 2017/1/20 0:33:39

Equality, growth won’t occur without globalization

I was recently in Chile and had a chance to travel south to the tip of Latin America. I also recently made a BBC radio documentary called “Fixing Globalization,” in ...
Source: Global Times | 2017/1/18 21:33:39

Trump health and human services nominee spreads congressional insider-trading disease

One of Donald Trump’s nominees is spreading the insider-trading disease. Georgia Representative Tom Price, tapped to be US health and human services secretary, has raised new conflicts-of-interest concerns. He bought ...
Source: Global Times | 2017/1/18 21:28:39

Calculating the damages of a Sino-US trade war

Donald Trump’s presidency is set to bring significant changes to US trade policy. While China and the US are mutually dependent in many aspects of their economies and a trade ...
Source: Global Times | 2017/1/17 19:58:39

LeEco’s $2.2 billion rescue rewards bad habits and adds doubt to restraint pledge

LeEco’s rescue appears to be rewarding bad habits. Hong Kong-listed property developer Sunac China is ploughing funds worth more than half its market value into the sprawling and overstretched TVs-to-electric ...
Source: Global Times | 2017/1/17 19:53:40

End to the ‘Trump rally’ could shock markets

The “Trump rally” has been astonishing in so many respects. Shocks, by definition, always move financial markets. This case is no exception. A nearly 10 percent surge in US equity ...
Source: Global Times | 2017/1/16 20:38:39

China Resources seals neat $5.4 billion exit from ownership brawl over China Vanke

China Resources has secured an elegant exit from an ugly fight. The State-owned conglomerate is selling its entire 15.3 percent stake in China Vanke for $5.4 billion to Shenzhen Metro. ...
Source: Global Times | 2017/1/16 20:33:39

The grim prospect of Europe without China

As Chinese President Xi Jinping flies into Switzerland for the World Economic Forum in Davos, he is sure to be concerned about a wide range of pressing issues for the ...
Source: Global Times | 2017/1/15 19:43:39

Donald Trump business-conflicts issue lines up possible gridlock in US Senate

Donald Trump just struck a bad deal for the US economy. The president-elect has decided that the way for him to avoid conflicts of interest while in the Oval Office ...
Source: Global Times | 2017/1/15 19:38:39

Trump’s defective industrial policy won’t help US

US President-elect Donald Trump has yet to take office, but his brand of flawed industrial policy has been on full display since his surprise win in November. Within weeks of the ...
Source: Global Times | 2017/1/12 23:18:39

Bets against Iraq’s OPEC first cuts to global oil flows in eight years are premature

Iraq could wrong-foot traders betting against its agreed OPEC cuts. The cartel’s second-largest producer has little to gain either financially or politically by reneging on a deal to pump less ...
Source: Global Times | 2017/1/12 23:13:40

Are current issues a sign of EU disintegration?

Europe is dabbling in troubled waters. The global financial crisis that initially hit Wall Street took a bigger toll on Europe than on the US. While the US economy is ...
Source: Global Times | 2017/1/11 22:53:39

Alibaba’s new brick-and-mortar gamble on ‘online to offline’ stores looks pricey

Alibaba shareholders are getting another serving of bricks and mortar. The Chinese e-commerce giant is upping its stake in struggling Chinese mainland department store and mall operator Intime Retail, teaming ...
Source: Global Times | 2017/1/11 22:48:39

Coming short-termism to economic policymaking

The inauguration of Donald Trump as US President on January 20 could bring more short-term thinking to economic policymaking in the US and around the world. If it does, we ...
Source: Global Times | 2017/1/10 20:43:39

Global banks whiplashed by Southeast Asia’s recent skittish distrust of hot money

Global banks are being hit by Southeast Asia’s distrust of hot money. Indonesia plans to introduce new rules to ensure research about the health of its economy and financial markets ...
Source: Global Times | 2017/1/10 20:43:39

Studies show no real recovery for America

America has been recovering from its last major financial and economic crisis – that’s what a lot of Americans believe today. Inputting and strengthening this belief are statistics from official ...
Source: Global Times | 2017/1/9 21:38:39