BUSINESS >>Insider's Eye

Logistics sector could become new growth driver

In the dining and taxi industries, the ripple effect of China’s sharing economy boom has been felt for quite some time, with food delivery and ride-hailing services now all the ...
Source: Global Times | 2017/8/30 21:38:39

Opponents of globalization are hindering recovery

According to mainstream economic theory, globalization tends to “lift all boats,” and has little effect on the broad distribution of incomes. But “globalization” is not the same as the elimination ...
Source: Global Times | 2017/8/29 23:43:40

New Uber boss not a star name but could prove right man to take on difficult job

Uber’s capacity to surprise has taken a turn for the better. On Sunday, the ride-hailing giant unexpectedly picked Expedia boss Dara Khosrowshahi to be its new chief executive, replacing ousted ...
Source: Global Times | 2017/8/29 23:43:39

China must be ready to deal with US belligerence

On August 18, US Trade Representative Robert Lighthizer formally launched a Section 301 investigation into alleged theft of intellectual property and forced transfer of innovation and technology by China under ...
Source: Global Times | 2017/8/28 19:28:39

Traditional banks should not overlook their advantages in battle with online rivals

The huge success of Alibaba’s Alipay and Tencent’s WeChat Pay in the online payment arena appears to have inspired China’s various traditional financial service providers to formulate their own digital ...
Source: Global Times | 2017/8/27 21:58:40

US still getting its infrastructure strategy all wrong

Washington has infrastructure all wrong. There’s a big funding gap, but cash isn’t the problem. There’s more than enough capital in search of long-term investments. What the federal government needs ...
Source: Global Times | 2017/8/27 21:53:39

Mexican paradox shows need for targeted reforms

Few economies pose as big a paradox as Mexico’s. Emerging from a series of macroeconomic crises in the mid-1990s, Mexico undertook bold reforms that should have put it on track ...
Source: Global Times | 2017/8/24 22:03:39

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, Alibaba massaging their financial results’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