Shifting production out of China would be a big mistake for US, Japanese companies
Recent reports about the US and Japanese governments' campaign to pay their firms to leave China as part of a coronavirus stimulus plan have raised broad concerns about further interruption to the global industrial chain and sabotage of the global economic recovery from the pandemic.
China's prudent policy easing VS the US' unlimited QE: which one is better?
As countries and regions are rolling out both fiscal and monetary policies aiming to cope with the fallout of the novel coronavirus pandemic. China and the US have shown quite stark differences with the US launching unlimited quantitative easing (QE) which would be less effective than China's policy easing.
Facing coronavirus scourge, US must put aside animosity
The novel coronavirus continues to churn the world by crushing public health systems and decimating thousands of lives each passing day. As the world's two most resourceful economies, the US and China should join hands in working out better therapeutics and speed up vaccine testing and development.
Market volatility to ease amid containment efforts
With the coronavirus pandemic stoking unprecedented volatility across varying asset classes globally, a galaxy of investors has lately felt at sea with future directions. Hard-won life lessons of Wall Street influencer Stephen A. Schwarzman (Schwarzman) therefore instantly seem to be a beacon of hope.
5.6% growth amid virus uncertainty not best option for China
To guarantee pre-set social development goals, China needs to reach GDP growth of 5.6 percent or higher in 2020. However, as global economic uncertainty related to the coronavirus remains high, it may not be the best option for China, which is deeply involved in economic globalization, to strain to achieve that goal.
Former World Bank's country director for China discusses possible US renege on China debt
As the coronavirus pandemic rips through countries, major economies experienced a significant recession for the first quarter - estimated from negative 3 to negative 10 percent. In an exclusive interview with Global Times (GT), reporter Bai Yunyi talked with Yukon Huang (Huang), a senior fellow at the Carnegie Endowment for International Peace (CEIP) and former World Bank country director. Huang shared his thoughts on how COVID-19 could affect China-US relations and the global political and economic landscape.
China needs stimulus based on innovative theory
To secure the pre-set social development goals to build a moderately prosperous society this year despite the temporary setback of the coronavirus outbreak, it is crucial for China to set a proper economic growth target and a feasible and efficient policy package backed up by an innovation-based framework.
Luckin case may damage other US-listed firms
As the coronavirus pandemic sweeps the world, listed Chinese companies are facing another heavy blow dealt by the accounting scandal at Luckin Coffee. Coming at a sensitive time, with global markets fluctuating sharply amid the coronavirus crisis, the Luckin case may become the rotten apple that spoils the barrel - with the credibility of all listed Chinese companies as collateral damage.
China still needs to hold US Treasury debt
There has been no short of calls for sell-off of US Treasuries in China over the past decade, but such a decision should by no means be a political one.
China still needs to hold onto US Treasuries
There has been no short of calls for sell-off of US Treasuries in China over the past decade, but such a decision should by no means be a political one.
What happens if China stops mask supplies?
Recent reports on Chinese-made face masks, and other medical supplies deemed sub-standard by other countries have emerged, and social media trolls, pundits, and politicians have had quite a field day with the stories. It's another opportunity for them to bash China, their perceived common enemy.
Chinese labor unrelated to BRI delays
There have been some voices from the Western world claiming the Belt and Road Initiative (BRI) projects have been halted for involving a high proportion of Chinese employees, implying fears that Chinese workers with the coronavirus have curtailed BRI progress.
Wuhan story might prove Trump is right about reopening economy - partially
Wuhan, which has started to reopen its economy, has shown that the process to restart the economy requires a lot of preparation and a coordinated plan. If Trump wants a speedy recovery for the US economy, he needs to pay attention to what's happening in Wuhan and get some pointers now, if he hasn't already.
Stigmatization may sabotage China-India cooperation in pandemic fight
Recent hyping of anti-China sentiment on India's social media networks may risk sabotaging potential cooperation between the two neighbors in the global pandemic fight.
China needs to manage quality of exported medical supplies
The Netherlands heath authorities have reportedly recalled 600,000 substandard masks imported from China. Soon after, Spain claimed coronavirus test kits purchased from China were defective. The two incidents were highly politicized by some media, which claimed China is using the pandemic as an opportunity to engage in mask diplomacy while countries are in need.
India needs to ramp up preparations to stem COVID-19 assault
Many have noted that it's probably a matter of time before COVID-19 sweeps across India, despite its 21-day national lockdown.
Quality paramount in global supply of medical products
Chinese enterprises should be aware of the standards different countries have imposed on medical supplies when exporting or donating products.
Larger stimulus spending to guard against 'rainy days'
To shield China's economy from the assault of the novel coronavirus, which is spreading voraciously across the globe, this country needs to mete out a proportionately larger stimulus package - targeted at revitalizing domestic spending power while pivoting to fire up more investment on future technologies.