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The World Trade Organization (WTO) on Wednesday said that global goods trade appeared to remain steady in the fourth quarter of 2024 and looked set to continue growing in the first months of 2025, but increased trade policy uncertainty and the prospect of new tariffs could weigh on trade in the medium term.
By Global Times | 2025/3/13 23:33:37
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  • Sales growth in China of SK chip firms demonstrates resilience of trade

    Capitalizing on China's trade-in program, Samsung Electronics and SK Hynix witnessed a boost in their sales in China last year, according to the Yonhap News Agency. This increase was not just a reflection of the resilience and profitability of the Chinese market despite Washington's stringent measures against China's burgeoning semiconductor sector - it also illuminates the potential for deeper collaboration between these two Asian countries.

    By Hu Weijia | 2025/3/13 23:27:49
  • Growing collaboration expands complementarity between vehicle sectors in China, EU

    In October last year, the EU announced the imposition of anti-subsidy tariffs on Chinese-made battery electric vehicles (EVs), a move that was widely interpreted as an attempt to shield its domestic EV industry from the competitive pressures exerted by Chinese manufacturers. Despite this development, European carmakers have not lost their enthusiasm for strengthening collaboration with Chinese enterprises. This offers a fresh perspective showing that the dynamics of international trade and cooperation are far more resilient than simple protectionist measures might imply.

    By Hu Weijia | 2025/3/13 0:19:13
  • GT Voice: US suppression won't stifle devt of China's shipbuilding sector

    While the US focuses on containing China's shipbuilding industry, China is actively enhancing the quality and technology of its ships. This stark contrast shows that the US stands little chance of stifling the rapid development of China's shipbuilding sector.

    By Global Times | 2025/3/13 0:12:43
  • GT Voice: Hyping 'deflationary pressures' based on flash sales is misguided

    Flash sales are merely one aspect of China's diverse consumer landscape. Product diversification, by offering consumers more choices, only serves to establish more reasonable prices, which help in mitigating both deflation and inflation.

    By Global Times | 2025/3/11 23:05:32
  • US attempt to suppress Chinese battery industry to erode its own competitiveness

    Some US politicians seem to never tire of using "national security" as an excuse to unjustifiably suppress Chinese products, even though this self-defeating approach not only stands little chance of achieving its intended goals but risks undermining the US' own competitiveness in the global market.

    By Wang Jiamei | 2025/3/11 22:39:42
  • GT Voice: Patient capital to solidify foundation for China's technological innovation

    The enthusiastic discussions about patient capital among lawmakers and political advisors, coupled with the message in the Government Work Report, underscore a shift in China toward leveraging more patient capital to bolster the growth of high-tech sectors.

    By Global Times | 2025/3/10 23:56:14
  • China-South Korea vehicle collaboration could amplify 'Asian opportunity'

    How to seize the "Asian opportunity" in the auto industry? There is a need to accelerate the transition to electric vehicles (EVs) to meet demand, as statistics indicate that the EV market in the Asian auto sector is growing rapidly.

    By Hu Weijia | 2025/3/10 23:25:00
  • Enhanced regulations set to propel China's AI boom in global race

    China's proactive approach to enhancing its legal framework for AI balances the need to foster innovation with the necessity of tackling emerging challenges. These strategic moves not only ensure sustainable growth in this vital sector but also position China as a significant player in the global AI governance.

    By Wang Yi | 2025/3/9 23:58:09
  • GT Voice: Why can't US contain China's mature chip manufacturing?

    China's semiconductor manufacturing evolution is positively impacting global manufacturing, with better technology and lower costs benefiting downstream industries. This includes US companies with production bases not only in China but globally.

    By Global Times | 2025/3/9 23:54:17
  • 'Using AI to secure AI' in large language model applications: entrepreneur

    As China's artificial intelligence (AI) technology advances rapidly, large language models (LLMs) are a "double-edged sword," bringing both efficiency gains and challenges that should be viewed rationally, a well-known Chinese entrepreneur told Global Times on the sidelines of the ongoing "two sessions."

    By Zhang Yiyi | 2025/3/9 22:00:32
  • GT Voice: US tariffs further erode global confidence in dollar's status

    The US, by persisting in its reckless tariff policies, is chipping away at the very foundation of the US dollar's status. This erosion is not a sudden collapse but a gradual accumulation of policy missteps that undermine global confidence in the dollar's reliability.

    By Global Times | 2025/3/6 23:10:55
  • EU seeks to bolster its EV sector, but protectionism is not the answer

    The EU is doubling down on efforts to bolster its electric vehicle (EV) industry. On Wednesday, the European Commission (EC) announced a plan to make available 1.8 billion euros ($1.94 billion) to create "a secure and competitive" supply chain for battery raw materials.

    By Wang Yi | 2025/3/6 23:03:09
  • GT Voice: Ascent of Chinese robot industry proves foreign tech blockade futile

    The rapid development of China's robot industry has once again proved that it is impossible to stop the development of China's industry by curbing high technology.

    By Global Times | 2025/3/5 23:47:08
  • South Korean battery expo shows potential for cooperation with China

    The advancement of technology has spurred the growth of China's battery industry, which not only provides high-performance, high-quality battery products to both domestic and international markets but also significantly contributes to the global energy transition and the development of a green, low-carbon economy.

    By Hu Weijia | 2025/3/5 23:35:40
  • GT Voice: Can American farmers withstand repercussions of US tariff policy?

    The escalating costs associated with the US tariffs are rapidly materializing into a real and formidable crisis for American farmers, who are likely to be among the first to bear the brunt of the trade hostilities triggered by Washington's tariff policy.

    By Global Times | 2025/3/5 0:01:54
  • Innovation, investor optimism highlight China's tech resilience despite US crackdown

    The positive view among investors reflects optimism about China's technological innovation, even amid the US government's ongoing tech crackdown and protectionist tariff threats, highlighting the resilience of China's tech development.

    By Wang Yi | 2025/3/4 23:45:35
  • GT Voice: Infrastructure boost fortifies China's resilience amid external volatility

    By investing in modern transportation networks, renewable energy sources, and advanced technological infrastructure, China is shoring up its defenses against risks and bolstering its economic resilience in an increasingly complex global landscape.

    By Global Times | 2025/3/4 0:24:00
  • Buffett's comments reveal US tariffs' negative impact on its own economy

    Well-known US investor Warren Buffett made a rare comment on tariffs, suggesting they could trigger inflation and hurt consumers, CNBC reported on Sunday, summarizing Buffett's interview with CBS News for a new documentary. This once again drew public attention to the negative economic effects of US' tariffs.

    By Hu Weijia | 2025/3/3 23:42:52
  • GT Voice: Integration of domestic, foreign trade enhances China's economy

    Amid the shifting global economic landscape and the rapid upgrading of China's domestic consumer market, the integrated development of domestic and foreign trade has become an increasingly crucial strategy for Chinese enterprises to enhance competitiveness and ensure sustainable growth. By leveraging the vast potential of the domestic market while maintaining their foothold in the international arena, Chinese enterprises have not only withstood the buffeting of external economic fluctuations but have also showcased the resilience of China's foreign trade.

    By Global Times | 2025/3/3 0:12:21
  • Rise in US steel prices reveals potential side effects of Washington's tariffs

    Will American metal producers capitalize on domestic shortages to hike prices and make a quick profit? If the answer is affirmative, it would be somewhat ironic, suggesting that the threat of tariffs has morphed into an opportunity for US steel and aluminum companies to profit at the expense of passing on increased costs to the broader manufacturing sector and consumers.

    By Hu Weijia | 2025/3/3 0:08:51
  • GT Voice: 'More multilateralism' key bulwark for world against US unilateralism

    As the aggressive US tariff policies have sent shockwaves through the global economy, placing great pressure on global trading networks, the BRICS nations - alongside other emerging economies - need to deepen regional collaboration and leverage multilateral mechanisms to defend their interests and weather the storm of unilateralism.

    By Global Times | 2025/2/27 23:40:27
  • Nvidia's financial performance offers glimpse into negative effects of US chip export controls

    How effective are the escalating US chip export controls against China? It's worth listening to the industry's perspective. Nvidia CEO Jensen Huang is unsure if export controls against China are effective national security measures for the US amid the artificial intelligence (AI) race, but they've certainly hurt the chipmaker's business abroad, as Business Insider reported while summarizing Huang's latest interview on CNBC.

    By Hu Weijia | 2025/2/27 23:40:11
  • GT Voice: US tariff policy risks trapping itself in economic quagmire

    US tariff policies cannot deliver their promised benefits as the country is dragging the world into a dangerous “zero-sum game” that will ultimately leave the US itself trapped in an economic quagmire.

    By Global Times | 2025/2/26 23:47:59
  • What drives Chinese investment in Vietnam? Mutual benefit, not Washington's tariffs

    In recent times, the narrative surrounding China's investment in Vietnam has been somewhat misconstrued by some Western media outlets, with a notable example being a recent article by the Financial Times, which posits that a surge in Chinese investment into Vietnam could potentially provoke retaliatory measures from Washington. This perspective, while attention-grabbing, fails to grasp the essence of China-Vietnam investment.

    By Hu Weijia | 2025/2/26 23:36:40
  • GT Voice: CATL-Volkswagen cooperation to benefit both amid green transition

    The CATL-Volkswagen cooperation not only signifies a new phase of deep cooperation between Chinese and German companies in the realm of new-energy vehicles but also serves as an important embodiment of cooperation between the two countries in the green economy.

    By Global Times | 2025/2/25 23:17:41
  • Tech innovation surge in mainland injects vitality into HK stock market

    Many Chinese firms are setting their sights on launching IPOs in the Hong Kong Special Administrative Region, "riding on the stock market impetus provided by artificial intelligence (AI) start-up DeepSeek," the South China Morning Post reported on Tuesday. This trend underscores a broader narrative: the current surge in technological innovation within the Chinese mainland could inject new vitality into Hong Kong's stock market.

    By Hu Weijia | 2025/2/25 23:16:42
  • GT Voice: Can 'blaming China' deflect harm of US steel, aluminum tariffs on allies?

    Despite efforts to justify the US tariff move by pointing the finger at China, politicians struggle to explain why it is US allies that are bearing the brunt of these tariffs. In essence, this tariff policy is a byproduct of domestic political maneuvering in the US.

    By Global Times | 2025/2/24 23:47:45
  • China co-op to benefit EU carmakers amid cost pressures, US tariff threats

    As European carmakers are grappling with cost challenges amid the green transition, the pending US vehicle import tariffs are further weighing on the European auto industry. At this juncture, policymakers in the bloc may need to consider primarily the potential benefits of industrial cooperation with Chinese companies.

    By Wang Yi | 2025/2/24 23:37:00
  • GT Voice: US patients to bear the brunt if pending tariffs on drugs imposed

    Recent proposals by US President Donald Trump to impose tariffs on pharmaceutical imports are likely to bring shocks to the supply of generic drugs, on which millions of Americans depend. Rather than fostering an increase in domestic production, these tariffs could drive up costs for those who need them most and exacerbate drug shortages.

    By Global Times | 2025/2/23 22:35:10
  • How do China's TV brands win global fans amid wave of trade protectionism?

    The combined shipments of Chinese TV brands TCL, Hisense and Xiaomi accounted for 31.3 percent of the global market, surpassing South Korea's Samsung Electronics and LG Electronics for the first time, which held a 28.4 percent share, the Yonhap News Agency reported on Sunday, citing the latest statistics from market research firm Omdia.

    By Hu Weijia | 2025/2/23 22:34:50
  • Rising 'little giants' showcasing China's private sector vitality

    ​In recent years, the "little giants" in China - small and medium-sized enterprises (SMEs) that boast cutting-edge technologies and specialize in niche sectors - have shown strong growth momentum.

    By Cao Heping | 2025/2/21 21:53:46
  • Proactive policies to drive stronger economic development in 2025

    In 2025, China's economy will continue to overcome several challenges, notably the uncertainties in the external environment. Nevertheless, the current foundation of the Chinese economy remains strong, characterized by numerous advantages, robust resilience, and significant potential.

    By Yu Ze | 2025/2/21 21:47:01
  • What economic potential does China's new wave of technological innovation hold?

    From artificial intelligence (AI) and 5G to humanoid robots, China's latest wave of technological innovation is capturing global attention. How much do you know about this?

    By Hu Weijia | 2025/2/20 23:29:13
  • GT Voice: Asian regional co-op needs to withstand US tariff pressure

    The escalating tariff threats from the US have placed regional cooperation among China, Japan and South Korea at a critical crossroads. Only by working together to resist the immense pressure brought by the US tariffs and maintaining the big picture of Asian regional economic cooperation can partners in the Asian industrial chain enhance regional competitiveness and provide a sustained impetus for the stability of the Asian economy.

    By Global Times | 2025/2/20 23:25:56
  • GT Voice: Open approach conducive to common EV devt of China, EU

    China has consistently embraced an open and collaborative approach in the EV sector. This position reflects a profound understanding of its own developmental needs, the evolving global industrial landscape, and the shared interests of China and the EU.

    By Global Times | 2025/2/19 23:12:08
  • Innovative training 'schools' offer glimpse into China's humanoid robot industry

    In recent years, China has made substantial progress in the field of humanoid robots. For these robots to achieve commercial success and truly empower a wide range of industries, it is necessary to train and optimize algorithms through a vast amount of high-quality data. Improving efficiency and reducing costs are of great importance to the development of the entire industry during this "training" phase.

    By Hu Weijia | 2025/2/19 23:06:11
  • GT Voice: China's resolve to safeguard yuan stability cannot be underestimated

    China's economic fundamentals and its vast foreign exchange reserves further bolster the case for yuan stability. This, combined with the PBC's proactive measures, ensures that China has both the tools and the resolve to stabilize the yuan despite Western media outlets' misguided narratives.

    By Global Times | 2025/2/18 23:00:19
  • India's push for EV industry devt faces uncertainty, even with Tesla's potential entry

    The news of Tesla's recruitment in India came after the company experienced its first annual decline in EV sales in over a decade. However, despite the market potential in India, Tesla's cooperation prospects in the South Asian country remain clouded by multiple challenges, including a relatively weak manufacturing base, protectionist tendencies, and a less stable investment environment for foreign enterprises.

    By Wang Yi | 2025/2/18 22:58:04
  • GT Voice: Expanding market key for China, ASEAN against global challenges

    Given the growing uncertainties in the global economic and trade landscape, the urgency for China and ASEAN to deepen cooperation and leverage their market potential has never been greater.

    By Global Times | 2025/2/17 23:18:41
  • Accelerated construction of new-energy bases in deserts fuels coordinated regional devt

    The rapid development of large-scale wind and photovoltaic power facilities in these challenging environments is a critical strategic move for China as it seeks to promote a clean and low-carbon transformation of its energy sector. The country's strong commitment and significant progress in this vital energy transition and ecological governance project underscore its significance and potential.

    By Wang Yi | 2025/2/17 23:13:39
  • GT Voice: Will China's open-source model become a trend in global AI development?

    In the current wave of rapid artificial intelligence (AI) development, the choice between open-source and closed-source models by AI companies has again aroused heated discussion and widespread attention.

    By Global Times | 2025/2/16 22:14:50
  • China starts new year on a high note, with rising investment in high-tech innovation inspired by DeepSeek, other stars

    As the new year unfolds, emerging Chinese tech startups like DeepSeek are making waves, and the excitement surrounding the startups continues to build.

    By Pan Helin | 2025/2/16 20:09:09
  • GT Voice: Canada playing 'China card' to avoid US tariffs to prove unwise

    Canadian officials' approach of kowtowing to the US by positioning Canada as a pawn in the US' containment strategy against China, in order to avoid US tariffs, is incredibly unwise and will be counterproductive to their goal of protecting Canada's national interests.

    By Global Times | 2025/2/13 23:06:48
  • Skepticism about China's commitment to green transition misplaced

    Skepticism regarding China's green transition and its efforts to reduce carbon emissions is misplaced. The report focused primarily on the newly added coal power capacity in the context of short-term fluctuations driven by economic activity, and failed to capture the broader scope of China's massive energy transition.

    By Wang Yi | 2025/2/13 23:01:31
  • GT Voice: Unconventional effects from US tariffs call for vigilance

    The ripple effects of Washington's tariff policy extend far beyond traditional trade dynamics, unleashing unconventional spillover effects that reverberate throughout global financial markets and influence monetary policies.

    By Global Times | 2025/2/12 23:58:54
  • Granting fair treatment to Chinese firms benefits Indian economy amid global uncertainty

    India's Chief Economic Adviser V. Anantha Nageswaran indicated on Tuesday that the country is not expected to lift a ban on Chinese investment into the country soon, according to Reuters. This remark is disappointing and regrettable, especially considering that diversifying investment inflows could help India navigate the complex situation and global economic uncertainties.

    By Hu Weijia | 2025/2/12 23:50:28
  • GT Voice: China's inclusive AI approach a response to Western tech curbs

    China's AI development will not be derailed by Western scrutiny; instead, it is poised to flourish even more vigorously. The innovative model adopted by DeepSeek not only reduces research and development costs but also enhances the inclusivity of technology.

    By Global Times | 2025/2/12 0:07:56
  • Industrial chain co-op with China could help boost SK's battery manufacturing

    The long-standing cooperation between the Chinese and South Korean battery industries has proven mutually beneficial. The complementarity of both countries facilitates a stable supply chain by enhancing industrial collaboration.

    By Hu Weijia | 2025/2/12 0:04:22
  • GT Voice: Protectionism will invalidate efforts to boost US steel sector

    The latest developments surrounding Nippon Steel's investment in US Steel have again brought the competitiveness of the US steel industry back into the spotlight.

    By Global Times | 2025/2/10 23:55:34
  • Chinese firms' performance reflects resilience in the face of US tariff uncertainty

    As China's economy transitions and upgrades toward higher-quality development, technological innovation has brought significant growth opportunities to sectors such as high-tech industries and high-end manufacturing. The profits and performance outlook of related enterprises continue to improve, leading to higher market forecasts.

    By Hu Weijia | 2025/2/10 23:36:30
  • GT Voice: Upholding WTO's fairness critical to global trade order

    As US tariff policies continue to fuel global trade tensions, the importance of maintaining the authority and fairness of the WTO has become more critical than ever.

    By Global Times | 2025/2/9 22:56:51
  • Reviving NE China could be new impetus for cooperation with South Korea

    The Northeast region of China, the country's traditional industrial base, has been rapidly advancing the establishment of a modern industrial system that leverages its unique advantages. The continuous development of the manufacturing sector has injected new momentum into China-South Korea cooperation.

    By Hu Weijia | 2025/2/9 22:42:40
  • GT Voice: Tariff hikes unlikely to help US address its trade deficit

    Tariffs have never been an effective solution to trade issues. If Washington genuinely wants to curb the persistent growth of the trade deficit, it needs to create a scenario where both the US and its trading partners can benefit, which would be a viable and sustainable path forward.

    By Global Times | 2025/2/6 22:58:55
  • Why will it be difficult for India to gain from US-China trade tensions?

    While India hopes to leverage the opportunities presented by US-China trade friction to enhance its economic position, the reality is that trade friction has posed more challenges for India in its economic cooperation with the US.

    By Wang Yi | 2025/2/6 22:45:37
  • GT Voice: US climate retreat highlights need for China-EU green co-op

    A sensible response to the US' gross dereliction of responsibility in tackling climate change is for China and the EU, two of the world's biggest economies, to lead the rest of the world on a cooperative path of green development.

    By Global Times | 2025/2/5 23:33:27
  • Generic drugs offer glimpse into how US tariffs will hurt its consumers

    US President Donald Trump's executive order imposing a 10 percent tariff on Chinese imports is likely to drive up the cost of generic drugs in the US and exacerbate drug shortages, US media outlet NBC News reported on Tuesday, citing experts. This assessment, along with other warnings that additional tariffs could lead to higher prices for essential goods within the US, should be taken seriously by Washington.

    By Hu Weijia | 2025/2/5 23:27:40
  • HK tech stocks provide a glimpse into mainland's technological progress

    The Hong Kong stock market advanced on Tuesday, with the benchmark Hang Seng Index rising 2.83 percent to close at 20,789.96 points. Overall, technology stocks have done well. The Hang Seng TECH Index jumped 5.06 percent.

    By Hu Weijia | 2025/2/4 23:16:14
  • GT Voice: China's expanding opening-up reinforces its economic status

    As the world navigates through uncertainties and challenges, China's dedication to openness and inclusivity offers a model of resilience and growth, reinforcing its status as a key player in shaping the future of the global economy.

    By Global Times | 2025/2/4 23:13:33
  • Growing confidence in China's economic prospects for 2025: economist Yu Yongding

    In 2025, China is expected to introduce specific plans to implement more proactive fiscal policies and moderately loose monetary policies, as well as strengthen unconventional counter-cyclical adjustments. Additionally, measures to further deepen reform comprehensively and expand high-standard opening-up will be formulated. We have reason to be confident about the prospects of the Chinese economy.

    By Yu Yongding | 2025/1/26 19:52:23
  • GT Voice: Supply chain co-op key to hedging against tariff barrier challenges

    At a time when the global trade system is facing another round of tariff barrier challenges, the urgency for China and the US to seek new opportunities for cooperation, rather than falling into a tariff war that sees no winner, is becoming increasingly prominent.

    By Global Times | 2025/1/23 23:48:05
  • Enhancing cross-border crackdown on telecom fraud conducive to regional tourism

    If China and ASEAN countries can continue to work together to combat telecom fraud, it can lead to better results, addressing the root causes and hidden dangers of the problem. It is believed that the improved legal order and regulatory environment will bring brighter prospects for the tourism sector in ASEAN countries amid deepening regional economic integration.

    By Wang Yi | 2025/1/23 23:35:50
  • GT Voice: Roundtable sign of China's pragmatic stance on Europe

    A recent roundtable meeting convened by the MOFCOM has conveyed a strong and positive signal, demonstrating China's steadfast and pragmatic attitude toward deepening economic and trade cooperation with Europe.

    By Global Times | 2025/1/22 23:40:24
  • New tariffs would be counterproductive to US efforts in addressing cost-of-living crisis

    Although US inflation has eased, the economy does not seem to have fully recovered from the lingering effects of the cost-of-living crisis. In this context, some economists have recently warned that additional tariffs on imported goods could harm US consumers. Would this undermine the country's efforts to address the cost-of-living crisis?

    By Hu Weijia | 2025/1/22 23:31:22
  • New Gwadar International Airport exemplifies enhancing connectivity amid CPEC co-op

    The New Gwadar International Airport is regarded as a pivotal infrastructure project and a milestone that makes the Gwadar Port a regional nexus of connectivity. Officially commencing operations on Monday, the airport is anticipated to significantly contribute to Pakistan's economic development and bolster regional economic integration, especially amid the ongoing enhancements to the China-Pakistan Economic Corridor (CPEC) and Belt and Road Initiative (BRI) cooperation.

    By Hu Weijia | 2025/1/21 22:38:03
  • GT Voice: China's foreign trade upgrade thrives with financial support

    China's foreign trade achieved both steady growth and structural optimization last year. These trends provide a vivid example of how the interplay between the financial sector and foreign trade has supported the transformation and upgrading of foreign trade.

    By Global Times | 2025/1/21 22:35:44
  • GT Voice: Global South's embrace sign of appeal of China's green sectors

    The embrace of China's clean industry by countries in the Global South underscores the growing recognition of its sustainable development and demonstrates that Western attempts to block China's tech products from entering the global market are ultimately futile.

    By Global Times | 2025/1/20 23:43:33
  • Expanding investment cooperation requires more stable approach by EU

    The recent appeal from the chairman of the board of management of Mercedes-Benz reflects the aspirations of the wider European business community. European politicians, who may be entrenched in a zero-sum mindset, need to take a step back and objectively evaluate insights from the business sector regarding collaboration with China.

    By Wang Yi | 2025/1/20 23:34:30
  • GT Voice: Nvidia CEO's China visit shows crucial market ties

    While the US has implemented stringent measures to suppress the development of Chinese tech companies, Nvidia CEO's visit to China at this time demonstrates clearly that the Chinese market remains crucial for the global tech industry.

    By Global Times | 2025/1/20 0:17:34
  • 2025 Spring Festival travel rush opens new window to observe progress of the C919

    This year, 16 C919 aircraft are participating in China's Spring Festival travel rush, according to a report by CCTV, representing a significant increase compared with the previous year. The involvement of these domestically produced aircraft in this major event highlights the country's progress in science and industry, serving as a testament to years of dedicated research and innovation.

    By Hu Weijia | 2025/1/20 0:09:56
  • GT Voice: EU investment assessments not improving 'economic security'

    The European Commission has reportedly urged the 27 EU members to conduct a 15-month risk assessment of outbound investments in semiconductors, AI and quantum technologies. However, rather than strengthening the EU's economic security and resilience, these actions could actually have the opposite effect.

    By Global Times | 2025/1/16 23:56:44
  • China-SK expanded services trade co-op to inject vitality to region amid geopolitical challenges

    As geopolitical factors and protectionism pose significant challenges to global and Asian free trade cooperation, enhancing FTA cooperation between China and South Korea in the services and investment sectors could inject new vitality into bilateral trade and the regional economy.

    By Wang Yi | 2025/1/16 23:45:31
  • GT Voice: Record US fiscal deficit calls for vigilance from developing world

    The accelerated expansion of the US fiscal deficit not only plunges US government debt into an increasingly unsustainable predicament, but also casts a heavy shadow over the global economy, particularly developing economies, under the dominance of the dollar hegemony.

    By Global Times | 2025/1/15 23:34:01
  • China market advantage increases in uncertain international chip landscape

    As the chip market grapples with increasing uncertainty, Washington's interference and disruption are likely to impose greater challenges on semiconductor companies. In times of such unpredictability, the need to maintain a firm grip on the market becomes even more critical. China, as the world's largest semiconductor market, holds undeniable significance for global chipmakers.

    By Hu Weijia | 2025/1/15 23:23:51
  • GT Voice: 301 investigation on China not cure for US shipbuilding

    The US government appears to believe that cracking down on China's shipbuilding sector is the cure for its own industry, turning a blind eye to the fact that the decline of the American shipbuilding industry cannot be reversed through repression of others.

    By Global Times | 2025/1/14 23:28:33
  • Foreign media predictions of Vietnam replacing China as world's factory miss big picture

    In recent years, certain Western media outlets have raised the question of whether Vietnam will replace China as the "world's factory." The answer to this zero-sum perspective is a resounding no. In reality, the Asian industrial landscape is moving in the direction of expanding cooperation and integration.

    By Hu Weijia | 2025/1/14 23:05:23
  • GT Voice: California fires show need for effective US steps on climate

    The California fires serve as a severe alert about the urgent need for effective climate change policy and action in the US, which is also a reminder for nations worldwide of the importance of taking decisive actions to address climate change.

    By Global Times | 2025/1/13 23:43:35
  • EU competitiveness woes call for pragmatic digital cooperation with China

    The EU's report on future competitiveness serves as a timely warning for the bloc, while also exposing misconceptions regarding economic and trade cooperation with China. These misconceptions are among the factors that hinder the EU's efforts to improve its business attractiveness, foster growth in digital sectors and improve sustainable economic competitiveness.

    By Wang Yi | 2025/1/13 23:11:59
  • GT Voice: South-South cooperation an important way for Chinese wind power to go global

    China's wind power sector, renowned for its impressive advancements, is steadily emerging as a pivotal driver in the global energy transition. By leveraging international cooperation models like South-South cooperation, Chinese wind power companies can overcome international trade barriers while playing a crucial role in optimizing the global energy landscape.

    By Global Times | 2025/1/12 23:53:15
  • TSMC's Arizona plant poses risk of disrupting industry supply chain

    Taiwan Semiconductor Manufacturing Co (TSMC) has begun producing advanced 4-nanometer chips for US customers in Arizona, Reuters reported on Friday. While the move was hailed by Reuters as "a milestone in the Biden administration's semiconductor efforts," the ramifications for the semiconductor industry on the Taiwan island are more complex, with overwhelmingly unfavorable consequences taking center stage.

    By Hu Weijia | 2025/1/12 23:35:26
  • China's economy defies external biases with tangible gains

    While acknowledging Nobel economist Daron Acemoglu's innovative contributions to institutional economics, Zhang Xiaojing, director of the Institute of Finance and Banking at the Chinese Academy of Social Sciences, noted that applying general theories to specific countries or systems without considering their unique national contexts can lead to errors and biases, as there is no one-size-fits-all approach. China's economy continues to defy external biases with tangible gains.

    By Zhao Juecheng and Ma Tong | 2025/1/10 22:37:45
  • China boasts capabilities to keep yuan basically stable at adaptive and balanced level

    At the beginning of 2025, #China's central bank signals a commitment to leveraging a mix of monetary policy tools to maintain yuan stable at adaptive and balanced level. China has the fundamentals, conditions, and capabilities to achieve the goal despite increasing external volatility.

    By Guan Tao | 2025/1/9 23:28:29
  • GT Voice: EU green growth needs market expansion, not protectionism

    An increasing number of examples indicate that the key to the EU's green transition lies not in imposing trade barriers, but rather in effectively expanding the green consumption market.

    By Global Times | 2025/1/9 23:23:29
  • GT Voice: Tech sector's warning exposes divide over US chip blockade

    Washington's “small yard and high fence” strategy appears increasingly unsustainable, as the growing rift between the US government's containment policy and the interests of American tech businesses has become public and irreconcilable.

    By Global Times | 2025/1/8 23:07:57
  • Growing gold reserves highlight China's resilience against external risks

    In the face of increasing uncertainty in the global economic and financial landscape, China's foreign exchange and gold reserves, as well as the performance of the yuan, have attracted wide attention in international markets. While Western media outlets often focus on speculative opinions and deliberate pessimism, the reality is that key indicators remain stable, reflecting China's economic stability and resilience against external risks.

    By Wang Yi | 2025/1/8 23:03:28
  • Irreplaceable importance of Chinese market puts spotlight on China-S.Korea trade

    Although the gap between South Korea's exports to China and those to the US is narrowing, the economic ties between China and South Korea are undeniably crucial, forming a relationship that cannot be easily substituted by any of South Korea's other bilateral partnerships.

    By Hu Weijia | 2025/1/7 22:57:48
  • GT Voice: Western biased judgments fail to capture China's economic reality

    Western media outlets repeatedly use the logic of traditional Western economics to explain the economic challenges currently faced by China. Such biased and misunderstood judgments will eventually be proved wrong by the reality of China's development.

    By Global Times | 2025/1/7 22:44:50
  • GT Voice: Washington's efforts crucial to easing soybean trade concerns

    The ongoing concerns over China-US soybean trade despite relatively stable purchasing data may be seen as a microcosm of the uncertainties the US has brought to bilateral trade.

    By Global Times | 2025/1/6 23:40:15
  • Can Japan's telecom technology thrive in US amid latter's growing tide of protectionism?

    Japan is set to start a government-backed effort to promote light-based telecommunications technology to US tech giants, Nikkei Asia reported on Monday. However, if the report proves accurate, this ambitious effort may confront a range of challenges, even with Japan's technological advantages in the field.

    By Hu Weijia | 2025/1/6 23:19:19
  • Devt of India's high-tech sector needs to embrace Asian industrial chain cooperation

    Sullivan's visit to New Delhi to review the iCET has once again drawn attention to India's ambitions to enhance its high-tech sector. While the iCET presents opportunities, it also highlights some of the challenges facing India's manufacturing sector and high-tech ambitions.

    By Wang Yi | 2025/1/5 23:16:06
  • GT Voice: Chinese firms' innovation best response to uncertainty

    Despite the geopolitical headwinds, Chinese companies have made inroads into global markets and participated in the world's major electronics show. Their confidence comes from technological advances in indigenous innovation.

    By Global Times | 2025/1/5 23:09:42
  • GT Voice: What is needed to maintain momentum of China-SK trade?

    Trade between China and South Korea has reached a critical juncture amid complex geopolitical pressures. Central to this issue is the urgent need for a practical cooperation mechanism. This effort is particularly vital in key strategic sectors, such as semiconductors.

    By Global Times | 2025/1/2 23:33:53
  • US dollar uncertainty prompts economies to heighten vigilance against spillover risks

    The continued strength of the US dollar presents particular risks for certain emerging economies already grappling with external and fiscal imbalances. Countries with large current account and fiscal deficits, coupled with low foreign exchange reserves, are especially exposed to the negative consequences of a stronger dollar.

    By Hu Weijia | 2025/1/2 23:24:27
  • GT Voice: Original innovation key for China's industrial development

    In the context of intensifying global technological competition, the urgency of enhancing original innovation capabilities for China's technological development and industrial upgrading is becoming increasingly critical.

    By Global Times | 2025/1/1 23:04:36
  • GT Voice: US protectionism is behind absurd 'origin washing' claim

    Hypes about “origin washing” are unfounded, as the existing regulatory frameworks guarantee the traceability of product origins. These misleading claims can be seen as an excuse for justifying the US' increasing trade protectionism.

    By Global Times | 2024/12/30 23:33:39
  • US Manhattan Project-style AI plan exposes its urge to maintain tech dominance

    The USCC's proposed Manhattan Project-style AI initiative underscores the US' push to maintain its edge over China in AI. While its prospects remain unclear, it highlights the need for other countries to prioritize tech innovation as a key driver of national development.

    By Zhu Shuai | 2024/12/30 22:12:19
  • GT Voice: Manufacturing strength boosts Chinese companies going global

    The steady willingness of Chinese companies to pursue investments abroad is the inevitable result of China's growing strength in industrial competitiveness, and an important reflection of Chinese companies' active embrace of the global economy.

    By Global Times | 2024/12/29 23:11:43
  • Strong cotton output in Xinjiang highlights local resilience amid discriminatory trade

    Cotton output in Northwest China's Xinjiang Uygur Autonomous Region reached nearly 5.69 million tons in 2024, up 574,000 tons over the previous year, according to the National Bureau of Statistics. The autonomous region contributed 92.2 percent of the country's total cotton output this year, setting a new record, according to the Xinhua News Agency.

    By Wang Yi | 2024/12/29 22:30:21
  • Industrial complementarity key for China-US clean energy cooperation

    If China and the US can enhance cooperation, it will greatly boost the development of global clean energy transition, which is crucial for achieving the goals of the Paris Agreement, advancing multilateralism, ensuring global energy supply stability, and realizing a green transition.

    By Jia Weilie | 2024/12/27 22:23:41
  • New legislation set to boost devt of nation's private enterprises

    The formulation of the private economy promotion law is a key measure to adapt to the new situation of China's economic development and to promote the high-quality development of the private economy. This law is set to stimulate the private sector's potential and vitality.

    By Cui Chuangang | 2024/12/27 22:14:23
  • GT Voice: 'China price' offers valuable certainty to global PV industry

    With the launch of the polysilicon futures, its price discovery mechanism will more accurately reflect the supply and demand dynamics of the domestic polysilicon industry, thereby establishing a “China price” for polysilicon trade.

    By Global Times | 2024/12/26 23:02:31
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