BUSINESS >>Insider's Eye

US needs to put more into trade ties with China

On November 24, China decided to cut the import tariffs on 187 consumer goods, starting from December 1, 2017. The reduction covers a wide range of consumer goods such as ...
Source: Global Times | 2017/12/6 20:28:39

Jack Ma enlarges his payments peloton as Alipay battle with Tencent heats up

Jack Ma is pedaling headlong into China's bicycle-sharing sector. Alibaba affiliate Ant Financial just hedged its investment in Ofo with a $300 million stake in Shanghai-listed Youon. That's another 80 ...
Source: Global Times | 2017/12/6 20:23:39

Recent child abuse scandals show need for tighter preschool education rules

Not long after a case of child abuse at a nursery in Shanghai for online travel agency Ctrip employees' children, another similar scandal emerged at an RYB Education kindergarten in ...
Source: Global Times | 2017/12/5 21:18:40

Latest pay row shows bank bosses' huge remuneration is still a touchy issue in UK

The debate over bankers' pay is back with a vengeance in Britain. In one corner stands UBS Chief Executive Sergio Ermotti, who suggested that criticism of high remuneration is driven ...
Source: Global Times | 2017/12/5 21:18:39

Canada should seize opportunity for FTA with China

Canadian Prime Minister Justin Trudeau arrived in China on Sunday on a five-day official visit. Given that the US is implementing trade protectionism worldwide and trying to revise the North ...
Source: Global Times | 2017/12/4 21:13:39

Beer giants thirsty for potential in Vietnam but local brewers may be overvalued

Global giants are looking at Vietnam through beer goggles. The young, hops-happy economy is alluring for big brewers like Asahi and Anheuser-Busch InBev. Traditional markets are as dull as a ...
Source: Global Times | 2017/12/4 21:13:39

China hopes to get past obstacles in Nepal economic ties

Nepal is on the UN list of least developed countries (LDCs), and even though it has considerable potential, Chinese investors have found that it is hard to do business there. ...
Source: Global Times | 2017/12/3 22:18:39

Rio Tinto may resist ceding control of Grasberg mine but losses keep mounting

Rio Tinto holds a valuable card in a high-stakes game. As Freeport-McMoRan hammers out terms for handing over a majority stake in the Grasberg copper mine in Indonesia to Jakarta, ...
Source: Global Times | 2017/12/3 22:18:39

Oil prices hard to predict but rise seems likely

Writing about oil prices is always risky. In January 2015, I suggested that oil prices would not continue to fall and even predicted that they would “finish the year higher ...
Source: Global Times | 2017/11/30 22:08:39

China needs to make luxury goods, not just buy them

Singles' Day and Black Friday may be behind us, but this hasn't dulled the enthusiasm for shopping among Chinese buyers, particularly for luxury goods.
Source: Global Times | 2017/11/29 22:38:40

Financial opening suits both China and foreign firms

The sluice has been opened wider for torrents of foreign capital to enter China's fledgling finance industry, including commercial and investment banks, a full range of asset and equity management ...
Source: Global Times | 2017/11/28 23:13:40

China-CEEC cooperation boosting European economy

The global financial crisis and the European sovereign debt crisis have limited the EU's ability to support the development of Central and Eastern European Countries (CEECs).
Source: Global Times | 2017/11/27 22:03:39

Much work still needed for era of driverless vehicles

China has made good process in its push for self-driving vehicles, with considerable policy efforts put in place among various other tangible measures to fast-track driverless vehicles in the world's ...
Source: Global Times | 2017/11/26 22:13:39

CPTPP members hope to make light of US withdrawal

The fate of the Trans-Pacific Partnership (TPP), which was promoted as a high-standard treaty for the 21st century by former US president Barack Obama, is still uncertain. A heavy blow ...
Source: Global Times | 2017/11/23 22:33:39

Trump administration sending out mixed signals as mega media merger is blocked

President Donald Trump's administration is scrambling media signals. The Department of Justice (DOJ) on Monday sued to block AT&T's merger with Time Warner over concerns the two will use content ...
Source: Global Times | 2017/11/23 22:28:39

US should boost exports to China, not limit imports

China and the US signed business deals valued at $250 billion during US President Donald Trump's China visit, but there is still a long way to go to address the ...
Source: Global Times | 2017/11/22 21:18:39

BYD should focus more on battery production to avoid losing ground to rivals

BYD's stock almost doubled this year as China accelerated its electric vehicle drive. Chairman Wang Chuanfu is targeting revenue of $1 trillion by around 2025. Yet earnings at the Warren ...
Source: Global Times | 2017/11/22 21:13:39

China's growing ties with Panama not aimed at US

Panama's geographical position as a trade transit and logistics hub gives it a certain global prominence. And following a series of economic deals sealed during the first official visit to ...
Source: Global Times | 2017/11/21 22:13:40