Wang Bozun
Reporter, Beijing
Global Times business reporter, covering in-depth reports on high-tech, macro-economy and capital markets.
LATEST STORIES
  • Ferrous metals prices plummet as China moves to stabilize market

    The prices of ferrous metals, including iron ore and deformed steel bar, slumped on Thursday after Chinese regulators took steps to rein in rapid price hikes.

    By Wang Bozun | 2021/5/20 22:03:40
  • Whistleblower's expose of stock manipulation causes major losses, raises questions

    A whistleblower's revelation about alleged manipulation in the Chinese A-share market in recent days has led to a loss of about 35 billion yuan ($5.4 billion) in value on the Special Treatment (ST) board, according to media reports, prompting industry ...

    By Wang Bozun | 2021/5/19 22:23:39
  • US stimulus checks help boost China's toy exports; price hikes expected

    China's toy factories are getting an influx of export orders this year, particularly from the US, with some seeing sales triple as demand for home entertainment products heats up under massive rescue packages and continuing home isolation.

    By Xie Jun and Wang Bozun | 2021/5/17 19:23:40
  • Shenzhen 'top city in China' in attracting new residents

    Neighboring Hong Kong, Shenzhen in South China's Guangdong Province has become the most attractive city for new residents in the province and even in the whole country, thanks to its solid economic development, official data showed.

    By Wang Bozun | 2021/5/16 19:28:39
  • After Xiaomi win, China urges US to rectify 'mistake' over Chinese firms

    Chinese smartphone maker Xiaomi on Wednesday reached an agreement with the US Department of Defense, under which the Pentagon will remove Xiaomi from its blacklist, according to a joint statement obtained by the Global Times, marking a significant win for ...

    By Wang Bozun | 2021/5/12 18:18:14
  • Businesses strongly oppose 'decoupling': says AmCham

    Despite the impact of the coronavirus pandemic and lingering tensions between China and the US, nearly 60 percent of US-based enterprises which are members of AmCham China, aim to increase their investment in China, and more than 85 percent of ...

    By Wang Bozun | 2021/5/11 19:46:01
  • How weak US jobs data could hurt emerging markets, but boost China's exports

    Weak US jobs data for April, which fell far below expectations, have sparked concerns among some economists that the US may pursue more radical stimulus measures that could pose risks for emerging markets as capital may flow into the US ...

    By Wang Bozun | 2021/5/9 20:23:39
  • May Day travel rush points to booming tourism, management issues

    The May Day holiday in China has seen the biggest travel rush since the outbreak of the COVID-19 pandemic, but as hundreds of millions of travelers hit the road and tried to enjoy beautiful sceneries across the country, many also ...

    By Wang Bozun | 2021/5/5 19:08:39
  • Meituan could face serious penalties after antitrust probe: experts

    China's largest online food delivery platform Meituan is under investigation for suspected monopolistic practices, the country's top market regulator said on Monday - making the company the latest internet giant after Alibaba to face such a probe as China further ...

    By Chu Daye and Wang Bozun | 2021/4/26 22:03:40
  • Chinese regulator launches antitrust probe into Meituan, as crackdown on monopolies widens

    China's largest online food delivery platform Meituan is under investigation for suspected monopolistic practices, the country's top market regulator said on Monday – making the company the next internet giant after Alibaba to face such a probe as China further ...

    By Chu Daye and Wang Bozun | 2021/4/26 19:21:38
  • Foxconn extends footprint in Chinese mainland as US project shrinks

    Taiwan island-based electronics giant Foxconn have kicked off operations of a brand new massive factory in Zhoukou, Central China's Henan Province over the weekend, marking another extension for the company's already huge presence in the Chinese mainland, in stark contrast ...

    By Wang Bozun | 2021/4/25 20:54:53
  • Global businesses eye growing opportunities in China under 14th Five-Year Plan

    As the only major economy to achieve an economic growth amid the COVID-19 pandemic in 2020, China is unfolding its 14th Five-Year national development plan, while global companies from different sectors including finance, IT, automobile and education are eyeing opportunities ...

    By Wang Bozun | 2021/4/21 18:28:40
  • Lack of experimental monkeys unlikely to affect development of COVID-19 vaccine: experts

    As the COVID-19 pandemic ravages large swathes of the world, global pharma have been racing to develop vaccines since 2020. For ordinary people, the challenges of developing vaccines seem to be a scientific miracle. However, perhaps only few people noticed ...

    By Wang Bozun and Liu Zhongyin | 2021/4/21 17:13:39
  • Swiss enterprises eye China's huge market potential: Diplomat

    Swiss companies are eying China's huge market opportunities, particularly after the country has successfully controlled the pandemic, Yves Morath, commercial counselor of the Embassy of Switzerland in China and the head of Swiss Business Hub China, told the Global Times ...

    By Wang Bozun | 2021/4/20 19:43:40
  • Chinese consumers start to embrace domestic brands: survey

    From food, household appliances to vehicles, a majority of Chinese consumers believe that many Western brands could be replaced by Chinese ones, a Global Times survey showed, reflecting the rising confidence in national brands, industry analysts said.

    By Zhang Hongpei and Wang Bozun | 2021/4/19 19:38:39
  • Western media ignores key facts in Montenegro 'debt trap' hype

    Some European officials and overseas media outlets have jumped on a recent back-and-forth between the EU and Montenegro over the latter's request to help repay a loan from China to hype up the so-called debt trap by Chinese investments.

    By Wang Bozun | 2021/4/13 22:28:39
  • Economists voice concern over impact on emerging economies as US recovers

    As the US economy is widely expected to post high growth this year boosted by massive fiscal stimulus, economists are raising concerns of potential negative impact on emerging economies, as capital and investment might flow to the US from these ...

    By Wang Bozun | 2021/4/11 21:48:40
  • Chile's border shutdown won't affect China's copper imports from Australia: analysts

    Chile, the world's largest copper ore exporter, announced plans to shut its borders for 30 days due to a raging COVID-19 pandemic, causing uncertainty over global copper supplies.

    By Wang Bozun | 2021/4/8 21:13:39
  • Chinese scalpers shift focus to domestic sneakers

    As the stances of some global sportswear brands -- including Nike and Adidas -- toward cotton grown in Northwest China's Xinjiang Uygur Autonomous Region have caused a backlash, the money and scalpers behind special edition shoes designed by these companies ...

    By Wang Bozun and Liu Zhongyin | 2021/4/5 18:33:51
  • Transportation sees strong growth as China welcomes first public holidays after Spring Festival

    Chinese public transportation including airway, road and railway in the past two days have seen a strong growth as the country welcomes the Qingming Festival – the first public holidays in 2021 after the Spring Festival in February, and consumption ...

    By Wang Bozun | 2021/4/4 14:37:03
  • More Chinese companies make foray into semiconductors

    As the world faces an ongoing shortfall of chips, more Chinese companies from different sectors including automakers, smartphone manufacturers and home appliance producers, have speeded up efforts to foray into semiconductors sector, the Global Times learned.

    By Wang Bozun | 2021/3/30 20:48:39
  • Chinese automaker GWM plans to develop hydrogen fuel cell vehicles

    Chinese automaker Great Wall Motors on Monday unveiled a plan to enter into the hydrogen energy sector, including the application of hydrogen fuel cells, making it one of the first automakers to develop such technology for private-use vehicles.

    By Wang Bozun | 2021/3/29 17:58:40
  • Chinese drugmakers expand global COVID-19 vaccine production

    As the world is facing a shortage of COVID-19 vaccines, some Chinese pharmaceutical companies are rushing to expand their overseas operations to meet the huge demand. But despite their global competitiveness, they still face non-commercial barriers such as political bias, ...

    By Wang Bozun | 2021/3/28 20:13:39
  • Legal reviews of China-EU investment deal now in progress: Ministry of Commerce

    Negotiating groups for the China-EU comprehensive agreement on investment from both sides are working on the necessary legal reviews, China's Ministry of Commerce said on Thursday, days after the European Parliament canceled a meeting scheduled for Tuesday to discuss the ...

    By Wang Bozun | 2021/3/25 21:18:40
  • Global home appliance suppliers eye Chinese market in post-pandemic period

    Global suppliers of home appliances are rushing to the Chinese market as the pandemic made consumers more aware of their health and wellbeing. This has fueled expectations of growth in the home appliance sector.

    By Yu Xi and Wang Bozun | 2021/3/24 23:47:31
  • Tourism expected to experience a boom during upcoming holidays

    As the traditional Tomb-sweeping Day holiday in early April approaches, bookings for transportation tickets have gone up. Experts said that China's tourism sector will experience a boom as demand was restrained due to COVID-19 prevention measures since the Spring Festival ...

    By Wang Bozun | 2021/3/23 20:18:39
  • T-shirts and phone cases featuring Chinese diplomats' strong words see hot sales after Alaska talks

    Peripheral products of top Chinese diplomats' strong words at the sharp and confrontational opening of China-US talks in Alaska have hit the shelves of leading Chinese e-commerce platforms starting Friday, as the blunt rebuttal against the US is making headlines ...

    By Wang Bozun and Wang Yi | 2021/3/20 19:26:42
  • Political advisors urge supervision of tech companies' '996' overtime policy

    As the overtime culture has swept through many technology enterprises, including those in the internet, short video and e-commerce sectors in China, several members of the Chinese People's Political Consultative Conference (CPPCC) have called for supervision and punishment for imposing ...

    By Wang Bozun | 2021/3/11 21:15:14
  • Government suggested to improve policies supporting agriculture sector: NPC deputy

    China should improve its supporting policies in the agricultural sector to better connect its domestic policies and WTO rules, Zhu Jing, a deputy to the 13th National People's Congress who is also the dean of the College of Economics and ...

    By Wang Bozun and Zhang Hui | 2021/3/10 19:03:39
  • New trend brings vast opportunities for countries to cooperate with China in post-pandemic era: analysts

    As the pandemic situation in China was brought under control, the number of overseas business activities of Chinese firms has witnessed an increasing trend as companies from different sectors including Hisense, Midea and Sinopec have struck new deals with overseas ...

    By Wang Bozun | 2021/3/9 19:33:14
  • Japanese economist looking forward to China's participation in CPTPP

    As the government work report delivered by Chinese Premier Li Keqiang during this year's two sessions on Friday mentioned "joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)," a Japanese economist told the Global Times that he is looking ...

    By Wang Bozun and Xing xiaojing | 2021/3/6 13:52:46
  • China's big companies from different fields jump to NEV bandwagon

    Attracted by the huge market potential of the new-energy vehicles (NEV), a good number of Chinese companies from diverse sectors - including online search company Baidu, telecom company ZTE and home appliance maker Hisense - have rushed into the new ...

    By Wang Bozun and Liu Caiyu | 2021/3/3 21:31:50
  • Australia's 2020 FDI from China hits new low, due to Canberra's discriminatory policy

    Australia's foreign direct investment (FDI) from China reached its lowest point in six years, as the total investment from China dropped to Aus$1 billion in 2020 from Aus$2.6 billion in 2019 – a more than 60 percent plunge year-on-year, media ...

    By Wang Bozun | 2021/3/1 17:28:39
  • Chinese cities lay plans for digital economy, experts urge careful planning

    In the first week of 2021, several cities in China including Shenzhen and Suzhou released roadmaps for the development of the digital economy and industrial digitalization, aiming to promote engagement between technologies with high-quality economic development.

    By Wang Bozun and Qi Xijia | 2021/1/10 21:03:39
  • China-Pakistan Economic Corridor projects to march forward despite COVID-19 pandemic: envoy

    Following the uncertainties brought by the COVID-19 pandemic which has affected the entire global economy, speculation as to whether the China-Pakistan Economic Corridor (CPEC), a key project under the Belt and Road Initiative (BRI), will continue according to schedule has ...

    By Wang Bozun | 2021/1/4 19:08:39
  • New sporadic COVID-19 cases unlikely to have server impact on China's consumption sector: experts

    Under the impact of the COVID-19 pandemic, the global economy has been severely impacted. However, with China's successful control of the coronavirus, increased hotel bookings at popular tourist sights, and fast-growing online shopping numbers show that Chinese consumers' confidence are ...

    By Wang Bozun | 2020/12/30 22:53:39
  • Reporter's diary: China's strong industrial supply chains have not only ensured its growth, but also supplied global markets amid pandemic

    If you never visit Dongguan, a city located in South China's Guangdong Province where many factories that manufacture high-value-added products are based, it's probably hard for you to understand that why, under the impact of global COVID-19 pandemic, China would ...

    By Wang Bozun in Dongguan | 2020/12/29 17:56:28
  • China encourages foreign investment in more sectors, focuses on stable and self-controlled industry chains

    China has significantly increased the number and type of items on its newly revised industry catalogue, released on Monday, to encourage foreign investment.

    By Ma Jingjing and Wang Bozun | 2020/12/28 22:03:40
  • Xiaomi's omission of chargers for Mi 11 sparks controversy

    Chinese smartphone maker Xiaomi's decision not to provide chargers with its upcoming flagship smartphone Mi 11, which the company said was intended to protect the environment, has raised discussions online about whether the move will protect the environment or just ...

    By Wang Bozun | 2020/12/27 18:18:40
  • China to address supply chain bottlenecks during 14th Five-Year Plan: official

    During the 14th Five-Plan (2021-25) period, China aims to strengthen innovation, and enhance efforts to deliver more breakthroughs in core technologies to create a more efficient domestic supply chain, while enhance its industrial base, officials said Thursday.

    By Wang Bozun | 2020/12/24 17:57:42
  • China very likely to be Apple's car production base: analysts

    If a reported ambitious electric car plan by Apple is true, which is highly possible, the company is very likely to put its production base in China, whether it chooses the original equipment manufacturer (OEM) model like the iPhones that ...

    By Wang Bozun | 2020/12/23 20:28:39
  • China's successful handling of COVID-19, adequate industrial chains guarantee world supply amid pandemic

    “These car models will be exported to the US, and products on that production line is exporting to Europe,” John Ng, a factory manager of Maisto, a car model manufacture in Dongguan, South China's Guangdong Province, told the Global Times ...

    By Wang Bozun and Chu Daye in Dongguan | 2020/12/22 15:13:39
  • Australian wine faces further duties as China imposes anti-subsidy and anti-dumping tariffs

    China's new anti-subsidy tariffs and previously imposed anti-dumping tariffs could deal a destructive blow to Australian wines' future in the Chinese market and cause a glut in Australia, Chinese wine importers and industry experts said on Thursday.

    By Wang Bozun | 2020/12/10 16:23:26
  • Chinese official refutes Aussie claims of undermining FTA

    Australia's claim that China undermines the free trade agreement between the two economies shows that the former is trying to politicize bilateral trade while imposing barriers to normal trade, Chinese experts said on Wednesday.

    By Wang Bozun | 2020/12/9 20:43:40
  • China has potential to join CPTPP: experts

    From the services trade sector including financial services to Beijing's efforts to narrow the scope of the nation's negative list, China has met some criteria to join the Comprehensive Progressive Trans-Pacific Partnership (CPTPP), although it has higher standards in some ...

    By Wang Bozun | 2020/11/23 21:33:11
  • China's economic rebound 'vital to countries along BRI'

    China's rapid economic rebounding from the pandemic is beneficial to the economic recovery of countries and regions along the Belt and Road Initiative (BRI), and in the post-pandemic period, building green BRI will be vital to address global warming.

    By Wang Bozun | 2020/11/22 19:23:40
  • Pakistan's temporary suspension of TikTok not related to US ban: source

    The Pakistani government and Chinese-owned short video platform TikTok are in talks to resolve issues surrounding its temporary suspension following discovery of indecent content. The incident has nothing to do with the high-profile US government bid to ban TikTok there, ...

    By Wang Bozun | 2020/10/13 17:33:40
  • Yuan's mid-point rate hits nearly 18-month high as economy rebounds

    The yuan showed strong fluctuation on Monday, with the reference rate soaring to an almost 18-month high against the US dollar, while the offshore yuan slumped.

    By Xie Jun and Wang Bozun | 2020/10/12 19:58:40
  • Apple suppliers deny shifting supply chains out of China

    China will retain its important role in Apple's supply chains despite rumors in foreign media claiming that the suppliers of the US high-tech company are shifting production out of China amid mounting global uncertainties.

    By Yin Yeping and Wang Bozun | 2020/10/12 19:33:40
  • Industrial upgrade

    More than two decades ago, relatively low labor cost helped China to quickly attract a lot of foreign companies with advanced technologies in many fields to set up factories in the country, which boosted the nation's manufacturing sector and helped ...

    By Wang Bozun and Chen Qingqing in Dongguan | 2020/9/28 21:03:40
  • Beijing may ease cross-border remittance rules amid financial opening-up

    China's central bank and foreign exchange authority on Monday unveiled a draft proposal for public comment that includes a program to lower cross-border remittance rules for foreign institutional investors as it moves to further open up the financial sector – ...

    By Wang Bozun | 2020/9/21 22:13:40
  • Fate of Huawei's 5-nm Kirin chip at stake amid US ban: analysts

    Huawei's new smartphone Mate 40, which uses the company's most advanced 5-nanometer Kirin chip, will reportedly be unveiled in mid-October. However, some observers wonder if the Mate 40 will be the first and last that's equipped with the 5-nm chip, ...

    By Wang Bozun | 2020/9/20 22:23:40
  • 'World factory' Dongguan industry sees boost from domestic and overseas orders

    "Dongguan traffic jam, global shortage" goes the widely known saying, referring to South China's Guangdong Province and its reputation as a manufacturing center. As China became one of the first countries to emerge from the COVID-19 pandemic, the economic revival ...

    By Chen Qingqing and Wang Bozun in Dongguan | 2020/9/20 17:38:53
  • Huawei crisis 'warning bells' for China's high-tech supply chain

    In the areas neighboring Huawei's research and development base in Songshanhu of Dongguan, South China's Guangdong Province, it was not hard to find a range of high-tech companies thriving on booming digital services amid COVID-19. But for some industry representatives ...

    By Chen Qingqing and Wang Bozun in Dongguan | 2020/9/17 15:51:25
  • Update: While Trump calls for 'decoupling' with China, businesses head in other direction

    With China's irreplaceable industry chains and unshakeable US demand, decoupling from China is just political talk by US President Donald Trump, which is not a workable plan, representatives from China's manufacturing sector told the Global Times.

    By Chen Qingqing, Wang Bozun in Dongguan and Xie Jun in Yiwu | 2020/9/15 22:23:40
  • Taiwan businesses can't do without the mainland

    In sharp contrast to flaring tensions between the island of Taiwan and the Chinese mainland, intensified by a geopolitical battle between China and the US and the coronavirus pandemic, a group of businesspeople from the island who have been doing ...

    By Chen Qingqing and Wang Bozun in Dongguan | 2020/9/15 2:30:42
  • Refusing Chinese capital, tech a blow to Indian takeaway sector: experts

    After a video featuring an Indian food delivery system that doesn't apply modern internet technologies on Chinese social media sparked comparisons between Indian and Chinese takeaway platforms by Chinese netizens, analysts said that India's refusal to welcome Chinese capital and ...

    By Wang Bozun | 2020/9/9 18:23:40
  • China suspends barley imports from Australia's CBH amid souring relations

    China on Tuesday suspended barley imports from CBH Group, an Australian company, after repeatedly finding quarantine pests in imported products and withdrew its permit to export to China, according to China's General Administration of Customs(GAC).

    By Yang Kunyi and Wang Bozun | 2020/9/1 19:36:50
  • China starts second probe of Australian wine

    China launched an anti-subsidy probe into Australian wines on Monday, less than half a month after it started an anti-dumping probe against the same product, signaling a continued cooling in economic relations amid the Morrison administration's escalating hostility toward China.

    By Ma Jingjing and Wang Bozun | 2020/8/31 18:53:40
  • China launches two probes into Australian wine in half a month amid souring ties

    China launched an anti-subsidies probe into Australian wines on Monday, less than half a month after it started an anti-dumping probe against the same product, signaling a continued cool down in economic and trade relations between China and Australia amidst ...

    By Ma Jingjing and Wang Bozun | 2020/8/31 11:11:44
  • Canberra's move to veto BRI deal weighs on its recovery amid virus

    A move by Australia's federal government to seek new legislation for its “national interests,” which will give Canberra the power to veto the Belt and Road Initiative (BRI) deal reached between the state of Victoria and China, could worsen souring ...

    By Wang Bozun and Chu Daye | 2020/8/27 21:38:40
  • As China diversifies imports, time running out for Australia

    Time is running out for Canberra to repair fraught ties with Beijing, which have deteriorated sharply in recent months, as China has diversified its agricultural product imports, allowing four more Russian dairy companies to enter the Chinese market, Chinese experts ...

    By Wang Bozun and Chu Daye | 2020/6/22 19:48:40
  • Australia feels pressure as more natural sources available

    With more sources becoming available worldwide, Australia, as the world's largest iron ore supplier, is expected to be under increasing pressure and its near-monopoly pricing power will be threatened, industry analysts said.

    By Wang Bozun | 2020/6/21 20:08:40
  • Chinese companies pioneer Africa's economic reboot

    From donating personal prevention equipment to training locals in pandemic prevention knowledge, Chinese companies have been helping African countries combat COVID-19 spread while assisting them to revive economies, representatives from the companies told the Global Times.

    By Chu Daye and Wang Bozun | 2020/6/17 21:58:40
  • Australia should listen to its own enterprises: expert

    It is unlikely to affect China-Australia trade if the Australian government freezes financial support for China Matters, an Australia-based think tank that believes China is important for Australia's future, but the Australian government should listen to different voices from different ...

    By Wang Bozun | 2020/6/16 23:24:59
  • Tensions with Canberra offer openings for other farm suppliers

    Escalating tensions between China and Australia, which have caused declines of Australian agricultural exports to China in recent months, could offer opportunities for other producers to participate in the Chinese market.

    By Wang Bozun | 2020/6/15 20:50:14
  • Specialized system ensures China's goal of building a moderately prosperous society in all respects

    Shen Xiang, who is in charge of poverty alleviation work in the Xide county of Southwest China's Sichuan Province, turned on his computer at 9 am on Sunday and began a normal day of work, checking processes and new work ...

    By Wang Bozun | 2020/6/9 17:53:40
  • Australia tries to blame China

    Australia's claim that China has ignored its request for trade discussions is an attempt to shift the blame for deteriorating China-Australia relations to Beijing, and Canberra is the party that is responsible for distorting bilateral ties, Chinese experts said Monday.

    By Wang Bozun and Chu Daye | 2020/6/8 20:48:40
  • BRI projects and deals accelerate despite slander from Western media

    From the Diamer-Bhasha Dam project, a hydropower station in Pakistan under the China-Pakistan Economic Corridor, to the Australian state of Victoria's recent deal with China, moves by Belt and Road Initiative (BRI) participants indicate the China-proposed initiative is accelerating its ...

    By Wang Bozun and Yang Kunyi | 2020/6/1 18:53:40
  • Yuan/dollar exchange rate 'could hit 7.2' due to higher China-US tensions

    The yuan, which has weakened in recent months, could depreciate further to more than 7.2 per US dollar amid the escalating tensions between China and the US, but long-term volatility will be controllable, Chinese economists said on Sunday.

    By Wang Bozun | 2020/5/31 17:03:42
  • Chinese academics urge Canberra to muzzle 'Wolverines'

    Chinese academics are urging the Morrison government to stop extreme groups like the Wolverines and politicians and commentators from spreading the US' anti-China virus.

    By Wang Yi and Wang Bozun | 2020/5/30 18:42:40
  • Protecting privacy a precondition for digital health codes: experts

    Health codes – a Chinese innovation that are being used to tackle the COVID-19 pandemic -- could become part of the nation's ongoing disease prevention measures, which are set to persist for some time.

    By Wang Bozun | 2020/5/28 19:53:40
  • Aussie officials' attack on Victoria's BRI to curry favor with US: experts

    Attacks on Australia's Victoria state officials for Belt and Road Initiative (BRI) involvement by some Australian federal officials further unveiled their purpose to hijack China-Australia diplomatic and trade ties for their political ends and to curry favor with Washington, a ...

    By Wang Bozun | 2020/5/28 18:48:40
  • Two sessions try to ensure job stability

    Employment has become the uppermost priority at this year's two sessions -- even more than setting a GDP growth target -- underscoring the rising pressure on China's job market, but deputies and political representatives are proposing policies that will ensure ...

    By Wang Bozun and Qi Xijia | 2020/5/27 20:13:40
  • Australia to face backlash over attitude toward Huawei: experts

    The backlash that Australia could face due to its attitude toward Chinese telecom giant Huawei will remain no matter what the UK's final decision on Huawei is, Chinese experts warned Tuesday, after Australia hailed the UK's decision to review its ...

    By Wang Bozun | 2020/5/27 0:35:53
  • Livestreaming sales provides new strategy for poverty alleviation: NPC deputy

    Livestreaming sales provides a new way to think about poverty alleviation, and the Chinese government should give national endorsement to livestreaming platforms such as Kuaishou which has become a new "golden key" for people in rural areas to increase their ...

    By Wang Bozun | 2020/5/24 1:38:40
  • 'Absolute capacity' for China to lift everyone from poverty this year: expert

    China has the "absolute capacity" and confidence to accomplish its poverty alleviation goal in 2020 despite pressure from the COVID-19, as 95 percent of it has been achieved, experts say, as the Government Work Report reaffirmed the country's commitment to ...

    By Wang Bozun | 2020/5/22 18:21:44
  • China's 2020 goals for jobs creation, inflation show pragmatism: experts

    China's goal to create 9 million jobs and keep the inflation rate at 3.5 percent reflects the pragmatic view of the challenges faced by the country amid the COVID-19 pandemic and urgency among policymakers to address issues such as unemployment ...

    By Wang Bozun | 2020/5/22 9:53:34
  • Two sessions offer a chance to see how China works: Ghanaian ambassador

    The two sessions offer the unique opportunity to see Chinese politics at play on a bigger stage, Ghanaian Ambassador to China Edward Boateng told the Global Times in an exclusive interview, voicing his eagerness to see how the most important ...

    By Wang Bozun | 2020/5/22 0:03:58
  • Economic plans, health, and civil code reform great interests at two sessions: Pakistani ambassador

    After more than three decades, China's two sessions - the most important economic and political events for the country - have not only grabbed Chinese people's attention every year, but also attracted foreign diplomats' attention, as China is playing a ...

    By Wang Bozun | 2020/5/21 23:14:05
  • Netizens hail 'iron brotherhood' on 69th anniversary of China-Pakistan ties

    Netizens from China and Pakistan have hailed the bilateral brotherhood amid the COVID-19 outbreak, with many from China dubbing their Pakistani friends as "iron brothers - a term used in China to describe great friendship" as Thursday marked the 69th ...

    By Wang Bozun and Xie Wenting | 2020/5/21 21:23:40
  • China imposes punitive duties on Aussie barley, more products could be probed

    More Australian products, including seafood and dairy goods, could run into trouble in China after Beijing slapped an 80-percent tariff on Australian barley after a two-year antidumping and countervailing probe, Chinese experts said Tuesday.

    By Chu Daye and Wang Bozun | 2020/5/19 21:13:41
  • Trade talks with Australia unlikely, unnecessary at the moment: expert

    China-Australia trade talks are unnecessary at the moment as there are currently no large issues such as trade sanctions, a Chinese expert said on Wednesday. The comments came following media reports claiming Canberra is looking to hold talks with Beijing ...

    By Wang Bozun | 2020/5/13 19:38:41
  • China stops beef imports from four Australian companies, due to inspection and quarantine breaches

    China said on Tuesday that beef from four Australian companies failed to meet import standards set by both governments and posed a safety risk to Chinese consumers, explaining an earlier decision by Chinese customs to temporarily halt beef imports from ...

    By Wang Bozun and Li Qiaoyi | 2020/5/12 21:03:40
  • Australia's 'invisible subsidies' harm Chinese farmers

    Australia's "under-the-table subsidies" on barley through its tax system have harmed China's grain sector and violated trade rules, which might be the cause of the extension of China's anti-dumping and anti-subsidy investigations, experts said Monday, following media reports that Canberra ...

    By Wang Bozun | 2020/5/11 22:13:52
  • Tariffs on barley not the only problem Australia may face: Chinese experts

    Australia worries that China will impose tariffs on its exported barley, but it might face much bigger problems than barley if it continues to take unfriendly action against China, experts warned on Sunday.

    By Wang Bozun | 2020/5/10 21:44:13
  • More consumption stimulus needed to boost full recovery, help struggling services: experts

    Production and business activity are quickly getting back on track as the coronavirus pandemic wanes in China, and experts said that it's likely full business resumption will be realized at the end of the month -- but measures are needed ...

    By Zhang Hongpei and Wang Bozun | 2020/5/10 19:32:02
  • Increasing housing turnover could lift Chinese economy

    With rising turnover, housing sector will expedite China's economy recovery as the COVID-19 epidemic has obviously eased, industry experts and insiders told the Global Times on Tuesday.

    By Wang Bozun | 2020/5/5 21:18:40
  • Joint China-US financial investigations to be promoted by Luckin Coffee case

    Luckin Coffee, a NASDAQ-listed Chinese company grappling with a financial fraud scandal, has now been under investigation by Chinese security regulators for days, media reported. It is the first time that Chinese authorities have investigated an US-listed company under China's ...

    By Wang Bozun | 2020/4/28 13:48:40
  • Short-shelling could promote Chinese firms' listing shifts: experts

    Chinese online education platform GSX Techedu was criticized by US-based short-selling agency Citron Research in a report on Tuesday, which alleged that the company had falsified its sales figures.

    By Wang Bozun | 2020/4/15 19:38:40
  • China drafts new energy law in opening-up determination

    China's new energy law emphasizes the development of new energy, marketization, further opening the energy sector, and international cooperation on environmental protection. It matches the development paces of both the nation and the world, and shows China's determination to participate ...

    By Wang Bozun | 2020/4/10 16:23:40
  • Short selling may signal trouble for new US listings

    Short-selling of the shares of Chinese companies listed in the US could mean trouble for Chinese enterprises seeking overseas funding and lower valuations if they seek IPOs in the US market, financial experts warned on Wednesday.

    By Wang Bozun | 2020/4/8 21:08:40
  • Ventilator shortage may 'collapse' Japan healthcare

    Japan is facing a severe ventilator shortage as the number of critical cases involving the novel coronavirus pneumonia (COVID-19) rises, which will cause a "health care collapse" in the country, the Kyodo news agency reported.

    By Wang Bozun and Wang Sheng | 2020/4/7 19:48:40
  • Onion prices dive as export orders sink amid pandemic

    Onion prices in China have plummeted nearly 70 percent since February as export orders have decreased amid the COVID-19 pandemic, the Global Times learned on Monday.

    By Wang Bozun | 2020/4/6 21:13:40
  • China sends more pandemic relief goods to Pakistan

    A PLA flight carrying procured items by the Chinese emergency management authority and other donated relief goods for the COVID-19 outbreak in Pakistan took off from Beijing on Thursday after China and Pakistan vowed to fight the pandemic together, Embassy ...

    By Wang Bozun | 2020/4/2 19:23:40
  • China sacrificed itself to win time for the world to respond to COVID19: WHO

    China sacrificed itself in order to win time for the rest of the world to be able to respond to the spreading COVID-19 disease, the World Health Organization (WHO) representative to China Dr Gauden Galea said on Thursday, praising China's ...

    By Wang Bozun | 2020/4/2 18:23:40
  • US stock market sees worst week since 2008; expert predicts downtrend to continue

    Wall Street has just seen its worst week since the 2008 financial crisis, with major US benchmarks witnessing steep plummets amid panic over the spread of the novel coronavirus (COVID-19) worldwide, despite a series of measures released by the US ...

    By Wang Bozun | 2020/3/21 13:48:40
  • CPEC to march forward at full speed despite pandemic: Pakistani FM

    The China-Pakistan Economic Corridor (CPEC) will go ahead despite the impact of the COVID-19 pandemic, Pakistani Foreign Minister Shah Mahmood Qureshi told the Global Times in an exclusive interview in Beijing, saying the two countries are committed to the scheduled ...

    By Wang Bozun | 2020/3/19 21:58:41
  • Pakistani president visits China amid pandemic in show of solidarity

    As the world is facing challenges brought about by COVID-19, Pakistani President Arif Alvi chose this special time to visit China to show solidarity between the two “iron brothers.” On the occasion, Global Times reporter Wang Bozun (GT) sat down ...

    By Wang Bozun | 2020/3/17 23:43:40
  • Alvi's Beijing visit shows true friendship amid pandemic

    Chinese President Xi Jinping met Pakistani President Arif Alvi in Beijing on Tuesday, and said China will continue to offer help to Pakistan to combat COVID-19 and the locust plague. The two sides agreed to move forward with the construction ...

    By Zhang Hui, Wang Bozun in Beijing, Ding Xuezhen in Islamabad | 2020/3/17 22:03:41
  • Sales move online amid epidemic

    A Kuaishou employee told the Global Times that "as China is gradually resuming business operations nationwide, some small businesses may still face challenges such as low customer flows, but the livestreaming model could use its natural advantages such as vast ...

    By Wang Bozun | 2020/3/16 18:18:40
  • Pakistani officials confident about overcoming impact of COVID-19 through on cooperation

    The outbreak of novel coronavirus pneumonia (COVID-19) in China has had a minor impact overall on the construction of the China-Pakistan Economic Corridor (CPEC), officials said.

    By Wang Bozun and Chu Daye | 2020/2/21 0:02:56
  • China sends locust extermination team to Pakistan

    China is sending a team of locust extermination experts to Pakistan this week to help the country end the ongoing locust outbreak there. China possesses world-leading technologies in locust control, and can provide pesticide and machines that are much needed ...

    By Wang Bozun and Liu Xuanzun | 2020/2/20 19:01:46
  • Epidemic dampens Valentine's Day in China, boosts online sales

    As the battle against the novel coronavirus pneumonia in China goes on, the epidemic has dampened Valentine's Day-related businesses, including entertainment venues and flower growers in China.

    By Wang Bozun | 2020/2/14 19:28:40
  • First fully foreign-owned insurer kicks off operations

    Allianz (China), a subsidiary of German insurance company Allianz, started operations on Thursday, making it the first wholly foreign-owned insurance holding company in China, as the country strengthens efforts to further open up its financial sector.

    By Zhang Hongpei and Wang Bozun | 2020/1/16 22:53:40
  • Guidance cases show nation's resolve to protect trademarks, IPR

    China's Supreme People's Court (SPC) has listed the trademark dispute case between former US basketball star Michael Jordan and Chinese sportswear maker Qiaodan Sports as a guiding case, the court announced on Tuesday.

    By Zhang Dan and Wang Bozun | 2020/1/14 22:38:40
  • Upcoming China-US phase one agreement drives up yuan rate

    The appreciation of the yuan reflects the positive news that China and the US are set to sign a widely expected phase one trade agreement, but in the long run, the currency's exchange rate depends on how the deal is ...

    By Wang Bozun | 2020/1/13 22:03:42
  • New China-US dialogue will be positive step for solving disputes: expert

    The reported new China-US dialogue arrangement on addressing disputes is different from previous strategic dialogues and is unlikely to bring China-US trade relations back to where they were before, but it is a positive step toward better relations, a Chinese ...

    By Wang Bozun | 2020/1/12 21:33:40
  • Chinese envoy to US slams 'new Cold War' mentality ahead of phase one deal

    A Chinese envoy to the US on Wednesday expressed harsh criticism of what he calls “extreme rhetoric,” including terms such as “decoupling” and a “new Cold War” between China and the US, and stressed that China will not back down ...

    By Wang Bozun | 2020/1/9 16:53:40
  • Morocco eyes agriculture cooperation with China

    Morocco is eying agriculture cooperation with China, and it will provide opportunities for Chinese agricultural entrepreneurs and investors to do business in the country, Moroccan officials said in Beijing on Wednesday.

    By Wang Bozun | 2020/1/8 20:38:40
  • Tesla could pose big threat to Chinese domestic players

    Made-in-China Tesla cars could have a big impact on China's domestic players with the company's obvious advantages including a high-tech electronic system and outstanding performance, but in the long run, it could eventually promote the Chinese new-energy vehicle (NEV) industry's ...

    By Wang Bozun | 2020/1/7 22:33:40
  • China's new rare-metal exchange to boost nation's pricing power

    The Ganzhou Rare Metal Exchange, China's first rare-earth and tungsten augmented products trade center, started operation in East China's Jiangxi Province on Tuesday, - a move that could boost China's rare-earth products market pricing and discourse power.

    By Wang Bozun | 2020/1/2 21:23:40
  • Shenzhen's new talent policies will boost Greater Bay Area development: expert

    New measures to attract talent from Hong Kong and Macao announced by the Qianhai district in Shenzhen, South China's Guangdong Province will help such professionals settle in the city and boost the development of the Guangdong-Hong Kong-Macao Greater Bay Area, ...

    By Wang Bozun | 2019/12/8 21:28:41
  • Cyber regulator requests app removal for privacy violation

    The Ministry of Public Security has requested some 100 companies to remove apps from app stores for illegal collection of private data, China's cybersecurity authority announced in a statement on Wednesday. It is part of regulator's broad efforts started since ...

    By Wang Bozun | 2019/12/5 23:13:42
  • Founder's bond default normal as sector becomes more market-driven: expert

    China's bond sector has become more market-oriented, and the heightened risk of marketization can be controlled, experts said on Wednesday after Founder Group, a Chinese company managed by Peking University, admitted on Monday that it could not redeem a short-term ...

    By Wang Bozun | 2019/12/4 19:23:40
  • US mobile coverage mocked

    Chinese social media had a field day on Monday after a Chinese scholar in the US attributed her briefing disappearance to no signal during a trip to a forest, prompting internet users to tease misguided US attempts to block Chinese ...

    By Wang Bozun and Wang Cong | 2019/12/2 23:03:40
  • Poor mobile phone connections in the US amuse Chinese netizens

    News that a Chinese visiting scholar lost contact for two days during a trip to a forest due to a poor mobile phone connection has gone viral on Chinese social media, with users teasing the low quality of mobile coverage ...

    By Wang Bozun | 2019/12/2 13:18:39
  • China's free trade partners increasing, US unchanged

    Among the year-long trade war between China and the US, China's free trade partners have been gradually increasing while those of the US have remained the same, according to data gathered by the Global Times from each country's official trade ...

    By Wang Bozun | 2019/12/1 19:38:40
  • High graduate employment rate in Tibet shows central govt's strong support: expert

    Newly released employment-rate figures for the Tibet Autonomous Region show that the central government's efforts to support the region's development have been successful and can boost students' confidence, an analyst said on Thursday after reports revealed the region's employment situation.

    By Wang Bozun | 2019/11/28 15:28:37
  • China to maintain 6% GDP growth benchmark despite pressure: economists

    A new array of economic data might have cast a shadow over expectations for the country's economic growth rate this year, but such concerns should not be hyped as the country has the ability to hold the bottom line of ...

    By Zhang Hongpei and Wang Bozun | 2019/11/27 23:43:40
  • Hong Kong Disneyland cancels countdown party amid impact of unrest

    Hong Kong Disneyland will cancel this year's New Year's Eve countdown party, its website said – another blow to the city's tourism sector, which has been hard hit by months of violence.

    By Qi Xijia and Wang Bozun | 2019/11/27 21:38:40
  • China can achieve 2019 GDP growth goal: analyst

    China is absolutely able to accomplish its start-of-year goal of keeping the GDP growth rate inside a reasonable range, between 6.0 to 6.5 percent, a former government official said on Wednesday.

    By Wang Bozun | 2019/11/27 16:38:40
  • GAP sub-brand Old Navy to leave China by 2020

    Old Navy, a sub-brand of US apparel group GAP, will quit the Chinese market in 2020 and focus on North America to maximize gains as it is facing a profit decrease, media reported.

    By Wang Bozun | 2019/11/26 19:23:40
  • Tehran changes economic driver from oil to innovative sector

    As Tehran is shifting its economic growth driver from oil to technology, an Iranian delegation headed by Iranian vice president for science and technology Sourena Sattari (Sattari), including tech entrepreneurs and researchers, participated in the 2019 China Hi-Tech Fair (CHTF). ...

    By Wang Bozun and Li Sikun | 2019/11/19 18:48:40
  • Restoring pig production a political task for China to rein in inflation

    China's southern provinces should make an all-out effort to accelerate the recovery of pig production and consider it a "political task", the Ministry of Agriculture and Rural Affairs (MARA) said.

    By Wang Bozun | 2019/11/18 20:23:40
  • Iran eyes tech cooperation with China amid US sanctions

    Amid US sanctions, Iran is trying to boost its technology sector instead of oil, and looking for more cooperation with China, Iranian Vice President for Science and Technology Sourena Sattari told the Global Times in an exclusive interview in Beijing ...

    By Wang Bozun | 2019/11/15 13:43:40
  • US consumers still buy Chinese goods

    Chinese wholesale exporters are only slightly affected by the prolonged China-US trade war, with US consumers still buying Chinese products, which also attract swarms of purchasers from other countries.

    By Wang Bozun in Beijing and Ma Jingjing in Yiwu | 2019/11/13 22:38:22
  • Senior official urges repeal of unequal terms for private enterprises

    China's top procuratorate said it will repeal unequal terms affecting private enterprises under the law, a move that could promote the private sector's growth by better protecting companies' legitimate rights, an analyst said on Tuesday.

    By Wang Bozun | 2019/11/12 20:58:41
  • Expediting gigabit network development will promote China's industrial innovation: expert

    China plans to unveil a list of cities which will be able to access the gigabit network next year, media reported on Monday. It is believed that the move will accelerate the construction of internet infrastructure in China and promote ...

    By Wang Bozun | 2019/11/11 16:03:39
  • Poultry inspections progress

    The US Federal Register has carried a notice announcing Washington's recognition of China's poultry-product inspection systems, the first time since China proposed such exports to the US in 2004.

    By Wang Bozun | 2019/11/10 20:33:39
  • US recognition of China poultry inspection showed govts more pragmatic in trade talks: expert

    The US recognizes China's poultry products inspection systems - the first time since China proposed to export to the US in 2004 - the US Federal Register reported, which a Chinese expert said is a positive move toward reaching a ...

    By Wang Bozun | 2019/11/10 14:23:39
  • Alibaba founder Jack Ma richest person in China with $38.2b: Forbes

    Jack Ma, founder of Chinese e-commerce giant Alibaba, is once more the richest person in China, according to the 2019 Forbes China Rich List released on Thursday.

    By Wang Bozun | 2019/11/7 22:23:41
  • HK to be cryptocurrency testing field

    The Hong Kong Securities and Futures Commission (SFC) launched a position paper on virtual currency exchange platform regulation on Wednesday, a move meaning that a legitimate virtual property trading exchange is a step closer in the special administrative region, which ...

    By Li Xuanmin and Wang Bozun | 2019/11/6 21:43:40
  • Indian products tough to find ahead of Singles' Day

    As Double 11, the largest online shopping carnival in the world, is set to take place on November 11, both domestic and foreign vendors are eager to advertise on Chinese e-commerce platforms including Tmall and JD, but brands from India, ...

    By Wang Bozun | 2019/11/5 20:48:42
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