BUSINESS >>Insider's Eye

Debt trap label hides anxieties of developed nations

The “debt trap” allegation against China was raised again recently. When delivering a speech at the APEC Economic Leaders' Meeting in Port Moresby, Papua New Guinea, US Vice President Mike ...
Source: Global Times | 2018/11/27 21:23:41

May not convincing anyone with threats of disaster if Brexit deal isn't voted through

Flawed parallels with the financial crisis won't save Theresa May's Brexit plan. Back in 2008, panicking investors helped the US government force its bank bailout through Congress at the second ...
Source: Global Times | 2018/11/27 20:13:40

China, Morocco need ways to take trade to new highs

As Morocco is preparing to celebrate a milestone in its engagement with China after 60 years of close diplomatic and economic collaboration, it is important to reflect on the present ...
Source: Global Times | 2018/11/26 20:38:39

Nissan wants more say in alliance with Renault, but standoff could descend into demolition derby

Nissan and Renault's standoff could quickly descend into a demolition derby. The Japanese carmaker wants more say in the alliance. Given the partnership's lopsided governance, Nissan's best bet would be ...
Source: Global Times | 2018/11/26 19:43:39

China's Belt and Road initiative deserves more respect

The Asia-Pacific Economic Cooperation leaders' summit concluded in Port Moresby, Papua New Guinea without a joint communique, primarily because of deep disagreements between the US and China.
Source: Global Times | 2018/11/25 23:03:39

Globalization of NEV production offers rich rewards

China, Asia and indeed the world are beset by many economic and resource-related tensions. China has seen massive economic growth over the last few decades, creating many billionaires and lifting ...
Source: Global Times | 2018/11/22 20:03:40

Bitcoin's sharp drop from $20,000 to $5,000 reflects its lack of fundamental value

Bitcoin's latest slide is blowing digital stardust to the winds. Many fans dreamed the cryptocurrency would consign conventional finance to the dustbin, but a drop below $5,000 is proving it ...
Source: Global Times | 2018/11/22 19:38:40

Trade spat impact on exports to be seen next year

There weren't many surprises in China's economic data for October. Industrial output grew at 5.9 percent year-on-year, compared to a 5.8 percent increase in September, painting a generally stable picture ...
Source: Global Times | 2018/11/21 21:38:40

Anta's latest target looks expensive, but Chinese firm has track record of success

Making a success of buying Finland's Amer Sports would be a marathon not a sprint for Anta Sports Products. The Chinese suitor's stock has suffered since it approached the owner ...
Source: Global Times | 2018/11/21 21:33:40

Asia gaining power to set oil prices as demand rises

Soaring crude oil demand from Asia coupled with recent price volatility has led to an increased need to hedge the commodity.
Source: Global Times | 2018/11/20 19:08:40

Impending departure of Carlos Ghosn gives Nissan-Renault alliance huge headache

Nissan and Renault are paying the price for underestimating key-man risk. The Japanese carmaker's Chairman Carlos Ghosn – also chief executive of its French partner – understated his compensation in ...
Source: Global Times | 2018/11/20 18:58:40

Babytree's lowered IPO target reflects welcome trend toward sanity in valuations

A slump in new Asian equities is bringing some welcome sanity to valuations. Having raised a collective $62 billion in nine months via 480 listings, according to consultancy EY, overheated ...
Source: Global Times | 2018/11/19 19:08:39

Economy better served by reform than macro controls

There is a growing view that privately owned enterprises may be facing their most difficult period since 1992. The Chinese economy has experienced many ups and downs, but such pessimism ...
Source: Global Times | 2018/11/18 19:28:39

Pinduoduo under pressure to explain its accounting following claims of impropriety

The boss of a leading Chinese e-commerce group was asked recently what job other than the current one would be most interesting to consider. The answer: receptionist at rival Pinduoduo, ...
Source: Global Times | 2018/11/18 19:23:39

Failure to push for equality led to decline of the West

Now that we are witnessing what looks like the historic decline of the West, it is worth asking what role economists might have played in the disasters of the past ...
Source: Global Times | 2018/11/15 22:55:02

Raising China's imports requires targeted long-term effort

The first China International Import Expo, held last week in Shanghai, attracted wide attention as the world's first import-themed national-level fair.
Source: Global Times | 2018/11/14 22:55:50

China's pension system needs capital market integration

For China's aging population to be dealt with in an effective manner, comprehensive efforts to improve the country's eldercare system will be required, and the US' experience with eldercare financing ...
Source: Global Times | 2018/11/13 19:53:39

Individual investors may be wary of SoftBank mobile IPO after Japan Post debacle

SoftBank's mobile phone unit could be worth around $70 billion when it floats, according to Bloomberg. Selling more than a third of the stock would make its IPO the biggest ...
Source: Global Times | 2018/11/13 19:48:40