BUSINESS >>Insider's Eye

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

China's entrepreneurial ecosystem offers valuable lessons for India

When Uber entered China in 2013, it had little idea of what it was going to face in the next few years. DiDi, China's homegrown ride-hailing start-up, initially had neither ...
Source: Global Times | 2018/11/12 20:08:40

Shareholders understandably confused as SoftBank investments get blurry at edges

SoftBank's many investments can be hard to see clearly. The nearly $100 billion Vision Fund, backed by Saudi Arabia's Public Investment Fund, held 38 stakes at the end of September. ...
Source: Global Times | 2018/11/12 20:08:39

WTO reform deemed both imperative and beneficial

Over the past 20 years, the WTO has played a critical role in the economic development of nations all over the world, and has been the primary impetus for economic ...
Source: Global Times | 2018/11/11 19:03:40

New Tesla chairman will have to show tough streak in order to rein in Elon Musk

Elon Musk is finally getting his adult supervision. Robyn Denholm, finance chief at Australian telecom operator Telstra, will move from her boardroom seat at Tesla to the head of the ...
Source: Global Times | 2018/11/11 19:03:39

Beijing must focus on itself amid trade row with US

The US-China trade war will be a protracted war, and there are no signs of a slowdown or end. There are at least three reasons for that. First, the aggressive attitude ...
Source: Global Times | 2018/11/8 23:33:40

US ability to withstand new downturn weakening

The Standard and Poor's 500 index of share prices has fluctuated wildly during 2018 but has returned to nearly the same level seen at the beginning of the year. The ...
Source: Global Times | 2018/11/7 22:08:40

Barclays' latest appointment makes sense but investment branch is not secure yet

Heard the one about the City grandee atop a British bank run by a Wall Street investment banker? Barclays investors certainly have. They will remember that when UK corporate financier ...
Source: Global Times | 2018/11/6 22:03:41

Fair treatment needed to keep private sector healthy

In recent years, some enterprises have run into difficulties they have never encountered before and private firms have been particularly vulnerable. The most obvious concern is the chain reaction caused ...
Source: Global Times | 2018/11/5 19:58:40

Apple boosts revenue by ramping up prices but even fans of the brand have a limit

Apple's pricey strategy carries risk. Making its new iPhones more expensive helped boost the tech giant's revenue 20 percent in the latest quarter. Now Tim Cook is applying the same ...
Source: Global Times | 2018/11/5 19:58:39

Bitcoin going through rocky period at end of first decade but still has its believers

Bitcoin's short history is a triumph of hope over experience. The digital money is marking its first decade with a punishing slump. Fraud and regulatory zeal have dried up the ...
Source: Global Times | 2018/11/4 19:48:39

Asia needs new regional safeguard mechanisms

The past two years saw the US pull out of various international organizations and provoke trade disputes with major trade partners, indicating the continuous collapse of global order.
Source: Global Times | 2018/11/1 22:08:40

Facebook should avoid dodgy deals as it searches for new ways to prop up growth

Facebook is heading into an earnings pincer movement. Sales growth at the $410 billion social-media network slowed in the third quarter, the company said on Tuesday. Combating that and other ...
Source: Global Times | 2018/11/1 20:08:40

RBS caught in the middle of a political game as different sides wrangle over its Brexit warning

RBS is still finding its state embrace uncomfortable. In the decade since the UK lender wound up with a majority government stake it has been dragged over the coals for ...
Source: Global Times | 2018/10/31 20:13:40