Is China caught in a "liquidity trap?" The topic periodically makes headlines in Western media outlets. The answer would appear to be obvious. Such pessimistic views have been going around for decades, while those who peddle them never got it right.

Li Daokui, director of Tsinghua University's Academic Center for Chinese Economic Practice and Thinking, said that the communique of the third plenary session of the 20th CPC Central Committee highlighted both reform and opening-up while reaffirming the commitment to the basic national policy of opening-up. “I believe this will offer further reassurance for foreign businesses and investors,” Li said during an exclusive interview with the Global Times.

India seems to be changing its stance to attract more Chinese investment, but the success of this policy adjustment hinges on whether India still sees China as a strategic rival in geopolitics and security, which hinders trust between the two countries.

Japan's Nippon Steel will withdraw from a joint venture with Shanghai-based Baosteel, Nikkei Asia reported on Tuesday. As a result, Nippon Steel's steel production capacity in China will be reduced by 70 percent. This is undoubtedly regrettable.

CrowdStrike's strategy of smearing and excluding China has unexpectedly made China one of the least affected major economies in the latest tech outage. The irony should spark a reflection on who is the real threat to cybersecurity in the world.

In a panic-driven but unattainable attempt to cut China out of global industrial chain collaboration, the US has increased its scrutiny of Mexico's trade with China. However, this shouldn't be a reason for Mexican officials to point fingers at China, and Mexico shouldn't follow the US down a dead end.

TSMC's strong second-quarter results didn't support its share price, which unexpectedly sank in the US and Taiwan island. This outcome is a warning to TSMC and underscores the growing disruptive impact of US geopolitical pressure.

Western smearing campaign against China-Pakistan energy cooperation under the BRI and CPEC framework cannot stop the two sides from creating unprecedented opportunities for sustainable growth of the local economy.

Brazil's interest in joining the BRI demonstrates that it is not swayed by unfounded criticism from Western countries and is committed to making independent decisions that benefit its own development.

The recent wave of failures in the US solar industry serves as yet another example of how protectionism impedes the sustainable development of a promising industry.

G7 appears to be using so-called economic coercion accusations to put pressure on China, but this only exposes its hypocrisy. The fact that the group itself is really the one engaging in economic coercion is evident in the statement.

US Secretary of State Antony Blinken unveiled Wednesday a new program to boost production of semiconductors in some Latin American countries. It's not a bad thing if Latin American countries gain manufacturing investment from the US. What's concerning is whether this is just "lip service" from the US.

The more the EU faces disagreement over protectionism and free trade, particularly in the EV sector, the more enhanced communication and mutual understanding between China and the EU are needed.

UBS Group AG said in a research note that new tariffs of 60 percent on all Chinese exports to the US would more than halve China's annual GDP growth rate, Bloomberg reported on Tuesday. Such anxiety is groundless. It is absurd to exaggerate the threat that protectionist US tariffs pose.

China requested WTO expert panel on dispute over NEV subsidies under the US IRA. This responsible approach demonstrates China's adherence to international trade rules. While criticizing others' trade practices, some countries like the US have turned a blind eye to their own protectionism, showcasing blatant double standards.

Apple Inc's annual sales in India jumped 33 percent to a record of almost $8 billion in the year through March, underscoring a rapidly growing market where the iPhone maker now assembles more of its devices, Bloomberg reported on Monday, citing a person familiar with the matter.

Therefore, if China rolls out measures to stimulate its domestic demand, it should consider issues from the perspective of the real situation of the Chinese economy, instead of the groundless hype about "insufficient domestic demand" and the false "overcapacity" narrative.

As the third plenary session of the 20th Communist Party of China (CPC) Central Committee held in Beijing from Monday to Thursday is expected to primarily examine issues related to further comprehensively deepening reform and advancing high-quality development of the Chinese economy, how China will continue to adhere to a high level of opening-up and better utilize foreign investment for years to come has attracted widespread attention.

Amid growing trade protectionism, Western media outlets, which have deliberately played up China's strong exports as the cause of trade tensions, should think long and hard about why the West's erection of all sorts of trade barriers has still not been able to stop China's manufacturing from forging ahead in the global market.

With talks to upgrade the India-South Korea free trade agreement (FTA) moving forward, senior officials of both countries will hold the next round of negotiations from Wednesday in Seoul, Indian news agency PTI reported, citing "an official."

Japan-Germany economic security framework is an overstretch of the security concept in their economic spheres, a trend that undermines mutual benefits and efficiency, and exacerbates uncertainty and risk in international markets.

China's exports in June rose by an impressive 8.6 percent from a year earlier to reach $307.85 billion, beating the 7.6 percent increase seen in May, the General Administration of Customs (GAC) said on Friday. The improvement in foreign trade is a testament to China's rising comparative advantages in manufacturing across the low-, middle- and high-end segments, as well as the resilience of China's industrial ecosystem, with its strong and globally unrivalled supply chain as its distinctive hallmark.

The DPP authorities in China's Taiwan region seem to be making a fresh push to expand military collusion with the US under the guise of “trade and economic partnership,” but it is an extremely dangerous approach.

There is still a long way for Chinese automakers to realize internationalization of their operations in the Southeast Asian market, although the fact is that they have become increasingly competitive. As the competition escalates, some Western media outlets have increasingly focused on geopolitical games and have played up the “China threat” theory, but the narrative cannot help exploit potential for mutually beneficial cooperation.

Despite the progress made in the internationalization of the Chinese yuan, it is crucial for China to maintain a clear perspective on the financial fluctuations and risks behind the hype over de-dollarization.

Japan's increasing efforts to boost chip production to explore the opportunities in the expanding AI and EV markets will inevitably result in competition with rapidly advancing industries in China. However, the vast market potential and the mutually beneficial collaboration in the industrial chain between China and Japan indicate that the two countries can cultivate a positive coopetition relationship, despite the US pushing an anti-globalization agenda.

Despite challenges posed by Washington's increasing protectionism, China's shipbuilding industry has already established a strong foundation for sustainable growth. This suggests that the growth momentum of Chinese manufacturing will not be hindered.

Washington's ill-intentioned chip war has raised concerns about the further fragmentation of global supply chains, and more economies, including the EU, may become the victims. As global electric vehicle (EV) and chip industry chain cooperation presents opportunities for China-EU cooperation, the EU should maintain strategic autonomy as the US pursues its chip war.

The US appears to be increasing its intervention in African countries to restrict the operations of Chinese mining companies, highlighting the need for China to secure a stable supply chain for critical minerals through enhanced collaboration with alternative mineral suppliers.

In an effort to stabilize bilateral ties, China has shown good faith and made constructive efforts to help address the US' fentanyl issue, promoting cooperation in this area between the two sides. Scapegoating and pressing China will not fool the US public nor will it help Washington effectively address the life-costing fentanyl crisis.

The Indian government is considering granting visas to Chinese workers for some strategic sectors to address the skill gap, boost domestic manufacturing, and drive technological advancement, VOA Chinese reported on Saturday.

China's pre-owned secondary homes market showed positive signs of recovery in June, as their sales in some major cities rose to a 14-month high, thanks to the government's ramped-up policy support to reactivate the real estate market. The average home price in the 100 monitored cities edged up 0.05 percent last month from May, snapping a nine-month decline streak - an indication that property prices are stabilizing, according to Reuters.

Despite the potential trade barriers and uncertainty caused by the EU's tariffs on foreign electric vehicle (EV) makers in China, including Tesla, China's advantages in terms of both market and manufacturing capacity will continue to position it as a crucial component of the global strategy for foreign automakers.

Germany's economy ministry will look "very closely" into a deal to supply Chinese-made wind turbines for an offshore project in Germany's North Sea, Reuters reported on Wednesday. If the report is true, does it mean EU countries will enhance their review procedures of Chinese-made wind turbines? It's hard to say, but this does deserve attention, given a rise of trade protectionism in the EU toward China's new-energy products.

US seaports have urged the Biden administration to rethink a proposed 25 percent duty on Chinese-made gantry cranes, Bloomberg reported on Monday. This scene is quite ironic: Washington is putting a gun to China's gantry cranes, ready to pull the trigger anytime, but it is surprised to find that US seaports are standing in the way.

China's AI progress through independent innovation and international cooperation not only continuously overcomes US technological barriers but also has a positive impact on a global scale.

There are currently some pessimistic and skeptical views surrounding China's consumption, suggesting that general consumers have concerns about their spending, and efforts to boost domestic demand may not have the desired effect. However, these claims are not accurate.

Regardless of the outcome of the US election, the stance of Chinese soybean importers toward the US' trade war with China has always been clear and firm. If the new administration of the US chooses to continue or escalate the trade war, it is possible that US soybean exports could be affected.

European manufacturers of hydrogen equipment have urged the EU to step in to help the industry compete with "cheaper Chinese producers," Reuters reported, citing a letter seen by its reporters. We hope the EU can restrain the rise of trade protectionism within itself, as it does nothing but harm free trade and open a dangerous floodgate.

While US chip bans on China have posed a challenge to the latter's cooperation with South Korea, it doesn't necessarily indicate a lack of hope for bilateral collaboration in key technology areas.

The excessive demands made by US golf cart producers to impose 100% tariffs on Chinese-made golf carts highlight a troubling reality: The US, initiating a harmful trend of tariffs and protectionism worldwide, is now heavily reliant on these lose-lose tactics. It appears that the US has lost sight of where to draw the line when it comes to tariffs.

Euro 2024, to some extent, offers a window to observe the resilience of economic cooperation between China and the EU. We hope EU politicians can listen to rational voices, abandon zero-sum mentality, and push bilateral EV-related cooperation back on track. The EU side needs to show sportsmanship toward Chinese companies.

The key priorities before the policymakers will most likely go to advancing homegrown technology innovation and fostering new quality productive forces, as well as reforming the country's policies governing population, education, medical care, real estate, local government debt, rural vitalization and financial market stability and growth.

The imposition of steep extra tariffs by the US on EVs from China has sparked a chain reaction of protectionism in the emerging sector, reshaping the global auto industry by impacting not only Chinese automakers but European ones too.

Amazon.com plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China, Reuters reported on Wednesday, citing an Information report. If the Reuters' report is true, cost-effective Chinese goods such as fashion and home appliances are likely to generate more profits for the US-based e-commerce giant.

Two transformative projects, recently unveiled, are on the horizon. They are ready to revolutionize the transport infrastructure of the China-Europe route, with a specific focus on strengthening the Middle Corridor.

The collaboration between China and some EU members in EV investment not only underscores their shared interest and opportunities in this sector, but also serves as a reminder of the vast potential that exists in the investment cooperation between China and the EU.

South Korea has replaced the US as the top exporter of commodities to China over the first five months of this year, Sputnik News reported. As a restructuring of the Asian industrial chain seems to have accelerated, expectations are on the rise as to how South Korea can seize the opportunity to revitalize its export economy. This is the time to test #eoul's political wisdom and diplomatic autonomy.

The lithium battery factory fire in South Korea, which tragically claimed the lives of 17 Chinese nationals, is not just a sudden accident. It also serves as a stark reminder of the importance of protecting the rights and safety of Chinese workers abroad.

There have been more voices than ever before expressing concerns about global food security. Some Western media outlets have recently published articles claiming that the world's major grain-producing regions, including China, have experienced more frequent extreme weather events due to global warming, posing a threat to crop output.

As the global semiconductor market recovers, recent earning results from Chinese semiconductor companies have shown improving performances in the first half of 2024. To break an intensifying US stranglehold, it is crucial for Chinese semiconductor industry to enhance its capabilities to seize global industrial upturn opportunity.

The ongoing trend of industrial chain connectivity and collaboration between China and Vietnam is expected to persist despite any external influences, due to significant complementarity between the two countries.

Citing people familiar with the matter, Bloomberg has reported that Canada is preparing potential new tariffs on Chinese-made electric vehicles (EVs) to align itself with actions taken by the US. We advise Canada to remain strategically rational. There is no need for Ottawa to sacrifice normal economic exchanges with China for the sake of Washington's strategic selfishness.

The travel and tourism sector has been identified as a major driver of China's GDP growth, with policymakers orchestrating fresh pushes to develop tourism infrastructure, upgrade catering facilities including hotels and restaurants, and globally promote China's natural landmarks and cultural heritages that are world-renowned.

China is neither a creator of, nor a party to, the Ukraine crisis, so it is totally untenable and unreasonable to put China-EU trade issues in the context of the Ukraine crisis.

After the EU announced extra duties on imported Chinese electric vehicles (EVs), Olof Gill, European Commission Spokesperson for Trade told media that China was free to initiate dispute settlement proceedings against the EU through the World Trade Organization (WTO), but there was "no need to take any retaliatory measures." Such logic is absurd.

China's energy consumption and utilization of renewable energy are driving significant shifts in the global energy landscape, highlighting both advances and challenges in the country's energy usage and climate change initiatives.

In 2019, the Economist magazine published an article with the headline "Can China become a scientific superpower?" Today, that question has been unequivocally answered by that same publication, in an article titled "China has become a scientific superpower."

It is crucial for China-EU economic and trade relations to find a balance through dialogue in order to effectively address the concerns of both sides. This is also why Habeck's reported visit to China is expected to carry particular weight in China-EU economic relations.

China's tax authority on Tuesday refuted ill-intentioned rumors about tax inspections that form part of the smear campaigns against China's business environment.

It is hard-won progress as China-Australia economic relations have been gradually set back on track through joint efforts, but it is not yet time to be complacent and stop moving forward. It is necessary for both sides to step up economic cooperation in different areas.

"China's economy is buried under a Great Wall of debt" and the country's answer is "to add more bricks," Reuters claimed on Tuesday, depicting China's ultra-long special treasury bonds, designed to support high-quality development, as "piling risk onto the country's last decent balance sheet."

Compared to traditional Global North countries, the Global South has more international political connotations, such as opposing hegemonism and double standards, actively participating in global governance, and promoting multilateralism and reform of the global governance system.

Delayed badge manufacturing not only exposes the over-sensitivity and paranoia of some in the UK, but also reflects the unwarranted suspicion and mistrust of Chinese-made products in the face of increasing anti-globalization sentiment in certain Western countries.

HarmonyOS, the operating system (O/S) developed by Chinese tech giant Huawei, has become the second most popular mobile O/S in the China market in the first quarter, surpassing Apple's iOS and following only Android, according to Counterpoint Research.

Trade barriers, market access restrictions and other challenges have the potential to affect the competitiveness of Chinese EVs in Western markets. Despite these hurdles, it is not unattainable for Chinese car brands to further boost their global sales and competitiveness.

The additional tariffs of between 17.4 percent and 38.1 percent announced by the EU on imported Chinese electric vehicles (EVs) recently, on top of the 10-percent duty already imposed by the bloc, are creating problems for China-Europe relations, as the elevated provisional duties will hinder Chinese EV makers, leading them to raise prices for European customers. The EU's move is uncooperative and discriminatory, signaling discord and friction between the world's two major economic powers.

China has emerged as a global leader in the production of green and new-energy products, marking a significant milestone in its economic transformation. With exports of new-energy vehicles (NEVs), solar cells and lithium-ion battery products surpassing the 1 trillion yuan (138 billion) mark in 2023, the country has positioned itself at the forefront of the green industry revolution. This growth in emerging industries not only reflects China's commitment to sustainability but also presents numerous opportunities for developing countries seeking to accelerate their industrialization and participate in the global energy transition.

While the impact of the EU's preliminary ruling on the anti-subsidy investigation of Chinese electric vehicles (EVs) remains unclear, the market's response has surprisingly tilted toward optimism regarding the future of Chinese EV manufacturers in Europe.

At least 50 percent of Japan's exports of semiconductor manufacturing equipment went to China for a third straight quarter in the January-March period, Nikkei Asia reported on Wednesday. The figure offers a glimpse into an increasingly complex high-tech industrial chain between China and Japan.

Citing sources close to the Japanese government, Japan's public broadcaster NHK reported on Wednesday that Japan is considering imposing new sanctions on companies, including Chinese ones, that are suspected of supplying materials to Russia that can be used by Moscow's military.

The Western doomsayers' "deflation" fallacy has persisted throughout China's post-COVID recovery. Yet it has failed to shake confidence in China's steady recovery even during the country's most challenging time. With multiple economic indicators pointing to a recovery, such ill-intentioned claims can only be dismissed with a chuckle.

The EU's ability to rely on market mechanisms to address challenges is crucial for the future of its auto industry and serves as a test of European economic competitiveness and innovation.

South Korea's exports to the US have surpassed those to China in the first five months of 2024. While increased exports to the US are beneficial to the South Korean economy, this should not in any way affect the normal growth momentum of mutually beneficial economic and trade cooperation between China and South Korea.

Cooperation between China and Russia in the financial sector is a positive asset for the continuous advance of the global financial system amid uncertainties, and will continue to bring new vitality to the world economy.

China's Ministry of Industry and Information Technology (MIIT) revealed an initiative in early 2024 to promote fast development of the "future industries" or strategically important emerging industries. Recently, the ministry set up a new administrative body named "Department of Future Industries," which indicates that Chinese policymakers have set their eyes on fostering future-oriented drivers of economic growth.

A safety test scandal at several top Japanese automakers has generated turbulence. In a fully competitive market, the effects of the scandal have quickly expanded. The case has set off an alarm bell for automakers, that any mistake will be costly amid fierce competition.

Washington's decision to increase tariffs on Chinese new-energy products has clearly hindered global efforts to reduce emissions. The policy not only goes against the trend of international cooperation in combating climate change but also exposes the shortsighted and self-serving nature of US politicians in addressing global issues.

Chinese automakers can adapt to Brazil's needs, showing their efficiency and flexibility. Washington's narrative claiming that Chinese companies gain advantages through government subsidies is far from the truth.

The US' duty-free tariff treatment for solar power items from Cambodia, Malaysia, Thailand and Vietnam will end as scheduled on Thursday, according to an announcement by the White House in May. The move is seen by some as the latest sign that the US may expand its crackdown on the photovoltaic (PV) industry from China to Southeast Asian countries.

Despite lingering concerns about potential trade friction with China over electric vehicles in Europe, there is a growing awareness among the business community that the root of the rise in protectionism and trade hostility actually lies in the US, not China.

It is regrettable that there are media reports claiming that Australian Treasurer Jim Chalmers has ordered five international companies linked to China to divest their shares in a strategically crucial heavy rare earths project in the Oceanian country.

While India's large population has long been viewed as a potential advantage for its promising economic outlook, how to transform the demographic opportunity into a demographic dividend is a challenge it will have to address to become a global manufacturing hub.

Most people will be very interested to know the commercial ramifications of future cooperation between China and Arab League countries. The first focus is on how to give vitality to innovation in various sectors like life sciences, AI, green technology and so on that would be beneficial to the next generation and future generations of China and Arab League countries.

Despite the challenges posed by so-called security issues in recent years, pragmatic cooperation has always been essential for the continued advance of China-Australia relations.

The American housing market is experiencing rising rents and elevated mortgage rates, which are constantly driving up home prices, leaving the younger generation feeling disillusioned and in peril as their dream of owning a home fades further away.

India's capital recorded an all-time high temperature of more than 52 C on Wednesday, according to the India Meteorological Department. It was the highest temperature ever recorded in India.

While recent weeks seem to have been dominated by the stepped-up rhetoric of trade tensions and news about protectionist tariffs imposed by the US on electric vehicles (EVs) made in China, there's no doubt that China's new-energy manufacturing industries won't stop moving forward.

This week, the 2024 Tsinghua PBCSF Global Finance Forum took place in Hangzhou, capital of East China's Zhejiang Province. It invited globally renowned scholars to discuss how to reform and reconstruct an international monetary and financial system for all.

Global Times reporter Li Xuanmin (GT) interviewed Zhu Min (Zhu), founder of the Global Economic Governance 50 Forum, former deputy governor of China's central bank and former deputy managing director of the IMF, and Marc Uzan (Uzan), executive director of the Reinventing Bretton Woods Committee, on the sidelines of the forum. The two economists shared their insights on the global de-dollarization trend and China's role in the construction of a new global financial system.

It is common to see Western media outlets repeatedly smear China's cooperation with Africa, falsely claiming that its investments are primarily focused on gaining control of key minerals in the region. But this biased perspective fails to acknowledge the diverse and mutually beneficial nature of the economic partnership between China and Africa.

Citing data from the China Passenger Car Association, several media outlets recently carried stories saying that Brazil has overtaken Belgium as the largest export market for Chinese new-energy vehicle (NEV) shipments.

The growing popularity of Chinese-made electric tricycles in the US has emerged as an interesting phenomenon in China-US trade. The number of orders placed by American consumers for Chinese-made electric tricycles on various e-commerce platforms has surged this year, according to a CCTV report.

China's sweeping moves released in recent days to increase support for real estate have aroused fierce discussion, with some Western economists assuming that policy-easing measures could pose risks to banks operating in lower-tier cities. These worries are unnecessary.

China and South Korea are increasingly recognizing the importance of enhancing cooperation to tackle external challenges together amid complex geopolitical pressures, particularly in light of the US attempts to "decouple" from China.

Amid escalating tensions in which US officials view Chinese electric vehicles (EVs) as a threat to the local auto industry, a political virus that loses no chance to intensify zero-sum confrontation is spreading in some European countries, even though such a narrow-minded mentality will hinder the development of renewables.

Faced with the uncertainties and tensions brought about by maritime disputes and geopolitical rivalry, it is more important than ever for China and ASEAN to jointly promote cooperation in the area of the blue economy, especially in the South China Sea. This will not only help de-escalate tensions in the region but also create better conditions for pursuing sustainable economic development.

An opinion essay in the New York Times last week claimed the US is losing the green tech race to China. The article says that today "China controls more than 80 percent of many essential aspects of the global clean-energy supply chain," while the US controls "almost none of it."

Amid escalating tensions caused by new US tariffs on electric vehicles (EVs) from China, as well as the increasingly fierce competition faced by Western automakers, it is not surprising that some foreign media outlets have been cherry-picking information or even manufacturing stories to claim some US and EU auto manufacturers may accelerate the diversification of their supply chains by producing components and parts outside of China. However, "decoupling" and supply chain cutoffs are neither possible nor feasible.

The Philippines appears to be standing at a critical crossroads in its economic development, facing significant and intricate choices that will not only shape the country's economic future but also have implications for the regional economic landscape.