BUSINESS >>Insider's Eye

Tencent’s team seems to have advantage in battle for online food ordering market

In a food fight between China’s three Web giants, Tencent looks strongest. A food-delivery business backed by Alibaba is close to buying a Baidu-owned rival, says a person familiar with ...
Source: Global Times | 2017/8/24 21:58:40

Chinese consumers not enthused by smart homes yet, but firms anticipate gold rush

China has continued to appeal to both domestic and foreign firms seeking a slice of its enticing smart home market, although mass consumer interest in the new technology has yet ...
Source: Global Times | 2017/8/23 19:03:39

China needs to take initiative in trade with ASEAN

This year is the 50th anniversary of the establishment of the Association of Southeast Asian Nations (ASEAN), and next year is the 15th anniversary of the setting up of the ...
Source: Global Times | 2017/8/23 19:03:39

UK consumers could lose out amid 5G battle between BT and Li Ka-shing’s Three

A high-stakes legal fight is brewing in the esoteric world of mobile-spectrum licensing. Telefonica’s O2 has much to lose, as do British consumers waiting for ultra-fast 5G internet.
Source: Global Times | 2017/8/22 19:23:39

Global economy recovering well but risks remain

August 9, 2017 is the 10th anniversary of the decision by the French bank BNP Paribas to freeze some $2.2 billion worth of money-market funds. Those of us who were ...
Source: Global Times | 2017/8/22 19:23:39

Time is right for China to embrace REIT benefits

Real estate investment trusts, known as REITs, have long been a key missing piece of the real estate industry puzzle in the Chinese mainland.
Source: Global Times | 2017/8/21 18:38:39

Bannon departure a bonus but US govt still saddled with economic nationalists

Economic nationalists still linger in the White House. The departure of Steve Bannon, the chief strategist who advocated protectionist, “America first” policies, represents a plus for the global economy.
Source: Global Times | 2017/8/21 18:33:39

Will UN sanctions have any real effect on N.Korea?

The 15-member UN Security Council unanimously approved new sanctions against North Korea on August 5, the seventh set of UN sanctions imposed on the country since it conducted its first ...
Source: Global Times | 2017/8/20 19:13:39

UK employment data may look good but meager wage growth indicates problems

Britain’s wage mystery is deepening. The unemployment rate has fallen to its lowest in more than four decades, yet wage growth is still tepid. There are some homegrown reasons why ...
Source: Global Times | 2017/8/20 19:08:39

Uganda confident it can pay back Chinese loans

However, Uganda and other African countries aspire to develop their economies and create opportunities for their citizens. Some of the bottlenecks to address include inadequate infrastructure, lack of affordable financing ...
Source: Global Times | 2017/8/17 20:58:40

Investors won’t be fooled by JD.com, Alibaba massaging their financial results

JD.com’s impressive quarter was flattered by some financial wizardry. The Chinese online retailer’s top line grew by some 44 percent, helping generate $144 million of earnings. Unless, that is, conventional ...
Source: Global Times | 2017/8/17 20:58:39

China should curb tax dodging posing as investment

According to China Merchants Bank and Bain & Company, a global business consulting firm, nearly 60 percent of China’s high net worth individuals have assets overseas in 2017, while in ...
Source: Global Times | 2017/8/16 20:43:39

China will reap benefits from supporting solar power

In the past five years, China’s solar photovoltaic (PV) power generation has seen extremely rapid development, and the country’s installed capacity and solar power generation now ranks top in the ...
Source: Global Times | 2017/8/15 23:03:39

Bike-sharing must learn lessons from dot-com bubble

A number of China’s technological innovations have recently been touted as the “new four great inventions.” These are bike-sharing, high-speed railways, mobile payments and e-commerce. Among them, the latecomer, bike-sharing, ...
Source: Global Times | 2017/8/14 22:58:39

ASEAN offers model for fractious regions to grow ties

We live in troubled times, with pessimism clouding even the most prosperous parts of the planet. Many are convinced that the international order is falling apart. Some fear that a ...
Source: Global Times | 2017/8/13 19:53:39

McDonald’s makes supersized bet on China with plan to open 2,000 more stores

McDonald’s is going large in China. It will have to ensure that breakneck growth does not bring indigestion.
Source: Global Times | 2017/8/13 19:48:39

US attempt to mix trade, political goals will accomplish neither

Negative news about Sino-US trade ties has appeared frequently recently.
Source: Global Times | 2017/8/10 22:53:39

Why not buy rice from Southeast Asian countries?

Recently, the countries alongside the Belt and Road, including Thailand, Vietnam, Cambodia and Pakistan, have entered the harvest season for long-grain rice and high-end glutinous rice. Thousands of farmers in ...
Source: Global Times | 2017/8/9 22:03:39