BUSINESS >>Insider's Eye

Pensions unsustainable without new system

Every society faces the difficult task of providing support for older people who are no longer working. In an earlier era, retirees lived with their adult children, providing childcare and ...
Source: Global Times | 2018/12/3 22:18:08

Healthy balance sheet and sales in China could make L'Occitane a tempting option

L'Occitane could prove a fragrant option for private equity suitors. The Provence-inspired soap-and-skincare brand has struggled of late, in part because of a costly expansion. But a clean balance sheet, ...
Source: Global Times | 2018/12/3 22:10:53

Past offers lessons for future of reform, opening-up

After four decades of reform and opening-up, China has achieved great results. But arduous tasks lie ahead, so there can be no end to the hard work of reform. For instance, ...
Source: Global Times | 2018/12/3 21:48:39

More drama yet to come as Australian probe reveals extensive banking misconduct

The curtain is falling on a dramatic inquiry into banking misconduct Down Under. Commonwealth Bank of Australia and others have been battered by the findings of the Royal Commission, with ...
Source: Global Times | 2018/12/3 20:38:40

Madrid-Yiwu rail shows unique Sino-Spanish bond

China and Spain agreed on Wednesday to build on the 45th anniversary of the establishment of diplomatic ties to jointly promote the development of the relationship. The two countries share ...
Source: Global Times | 2018/12/2 21:38:39

Chinese firms taking giant leaps in race for space

Chinese businesses are becoming more active in the commercial space sector, and this will be vital for building the nation's strength in an industry that is increasingly important for future ...
Source: Global Times | 2018/12/2 21:13:39

Slowing growth means Unilever will eventually have to try restructuring plan again

Alan Jope's tenure at Unilever will be like the company's popular British spread, Marmite: smooth at first with a bitter aftertaste. The consumer giant's new chief executive can cruise until ...
Source: Global Times | 2018/12/2 21:08:39

Why central bank digital currencies could destroy cryptocurrencies

The world's central bankers have begun to discuss the idea of central bank digital currencies (CBDCs), and now even the IMF are talking openly about the pros and cons of ...
Source: Global Times | 2018/11/28 19:22:39

Yulong Eco-Materials diversifies with $75m art deal but new direction will be risky

A Chinese company is looking beyond trash for treasure. NASDAQ-listed Yulong Eco-Materials, which recycles bricks and concrete, has decided to become an art investor instead. It just acquired Michelangelo's “Crucifixion” ...
Source: Global Times | 2018/11/28 19:18:40

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