BUSINESS >>Insider's Eye

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

Beijing needs to manage investment risk in Venezuela

A controversial election in Venezuela voted in 545 members of a new constituent assembly on Sunday, which will have the power to rewrite the country’s 1999 constitution. The vote has ...
Source: Global Times | 2017/8/8 22:03:40

China needs to lead in new multistakeholder world

The public seems only to notice the G when the media announces the world’s wealthiest nations are meeting once more in some town or another. The 2017 annual G20 – ...
Source: Global Times | 2017/8/7 20:43:40

Pay slash for UK’s top corporate leaders uncovers compensation guesswork

A pay cut for Britain’s top corporate leaders shows how setting compensation for chief executives is more of an exercise in guesswork than an exact science. The average CEO of ...
Source: Global Times | 2017/8/7 20:43:39

Sogou IPO depends on close ties with Tencent for generating Wall Street heat

Baidu rival Sogou is planning an IPO in the US. But convincing investors to back a distant No.2 in China’s mobile-search market could be tricky. Sogou’s relationship with backer Tencent ...
Source: Global Times | 2017/8/6 20:18:39

Risky investments may squander sweat of masses

Recently, conglomerates including Fosun, Wanda and HNA that were in the limelight for large-scale overseas investment have responded to new announcements by the government demanding rationality in overseas investment. Guo ...
Source: Global Times | 2017/8/6 20:18:39

Tensions with US a chance to build Sino-Russia ties

The US has started removing furniture and equipment from a diplomatic property in Moscow, according to Reuters, after Russia ordered the US to cut diplomatic staff in the country as ...
Source: Global Times | 2017/8/3 20:38:39

Three steps for China to dominate global AI sector

Recently, China’s artificial intelligence (AI) development has attracted domestic and international attention. The State Council issued a new plan to guide the development of China’s AI from basic technology to ...
Source: Global Times | 2017/8/2 21:33:39

Closer scrutiny a cure for ailing banking sector

Debt extended by Chinese banks continues to bulge, subjecting housing and stock markets to outsize volatility. This indicates that long-running concerns over China’s sprawling banking sector have not been placated. ...
Source: Global Times | 2017/8/1 21:08:40

Time to purge systemic risk from economy

Over the past decade, China’s economic growth gradually slowed from 14.2 percent in 2007, the peak of the previous decade, to lower than 7 percent currently. While GDP growth has ...
Source: Global Times | 2017/7/31 21:08:39

Baidu earnings rebound buys time for search giant to find new center for future profits

On Thursday, the Chinese Web giant Baidu reported a forecast-beating jump in quarterly earnings, suggesting its core search business is rebounding. This gives Baidu more room to focus on mobile ...
Source: Global Times | 2017/7/31 21:08:39

Tightening debt could put overseas firms at risk

Chinese privately owned Landbridge Group has been in the headlines in Australia recently. In 2015, the Chinese company paid A$504 million ($402.52 million) for a large number of terminals, land ...
Source: Global Times | 2017/7/30 17:33:39