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UK undermines trust with China, may ruin FTA talks

As the due date of leaving the EU draws near, the UK recently signaled an intention to reset its diplomatic relations, including with China. The UK seems inclined to take a more aggressive path towards China at a cost of obstructing a free trade agreement talks with the world's second largest economy, among others.
Source: Global Times | 2020/11/26 20:52:57

Is Australia finally adjusting its attitude toward China?

Australian Prime Minister Scott Morrison said at a virtual meeting of a British think-tank on Monday that Australia is pleased to see China's rise and hasn't done anything to contain its economy rise of China, but Canberra's actions were misinterpreted.
Source: Global Times | 2020/11/26 20:11:14

ASEAN, China economic partnership will sustain US' deliberate sabotage

US National Security Adviser Robert O'Brien concluded visits to the Philippines and Vietnam a few days ago, which follows US Secretary of State Mike Pompeo's visit to Vietnam at the end of last month.
Source: Global Times | 2020/11/26 17:46:42

Yuan keeps appreciating, buoyed by China's robust economy

China's currency, yuan, has continuously strengthened since June alongside the rapid recovery of China's economy. This appreciation trend has, however, had limited impact as Chinese exports remain resilient in the past months, and the nation's domestic market has shown rosy prospects guided by the new growth strategy known as "dual circulation".
Source: Global Times | 2020/11/25 20:48:41

UK economy is hollowed out; Brexit will add more wounds

While struggling with Brexit and the deadly novel coronavirus, the UK economy is facing a daunting challenge, including its industrial hollowing-out and lagging development in emerging high-tech industries, which all need massive and long-term investment, instead of playing geopolitical games.
Source: Global Times | 2020/11/24 20:18:40

G20 faces rising challenges as how to manage globalism, development

Against the backdrop of the COVID-19 pandemic and a global recession, Saudi Arabia hosted the G20 summit virtually over the weekend. How to deal with the pandemic and achieve economic recovery was the key topic of the summit.
Source: Global Times | 2020/11/24 17:59:52

State Council poised to dial up regulation of corporate defaults

The 43rd meeting of the State Council Financial Stability and Development Committee was held on Saturday, according to a report published by gov.cn, the official website of the Chinese government. The meeting has sent a clear signal: the country will dial up regulation of the corporate bond market in order to safeguard the stability of the money market.
Source: Global Times | 2020/11/24 15:03:34

India isolates itself from regional growth opportunities

Among India's trade partners that have seen slumping shipments to the South Asian country, China showed a relatively resilient pace, with its share increasing in India's total imports during recent months despite the COVID-19 pandemic and India's constant undermining of bilateral ties.
Source: Global Times | 2020/11/23 21:50:46

It's time for Biden's team to partner with China to cope with virus crisis, economy

Facing a voracious round of assault from the coronavirus and an economy in doldrums because of the health crisis, the incoming US administration of Joe Biden is hoped to chart a new course of policy interventions - categorically different from the inertia displayed by Donald Trump's team.
Source: Global Times | 2020/11/22 16:53:12

China-Africa cooperation should be carried out under 'dual circulation'

This year marks the 20 year anniversary of the founding of the Forum of China-Africa Cooperation (FOCAC). Since the first forum was held in 2000, I had the opportunity to participate in the relevant work of several events. I witnessed the forum grow and gain the world's attention.
Source: Global Times | 2020/11/19 22:30:09

China-EU cooperation benefits both, needs mutual efforts

While certain politicians from the EU are grumbling about potential influence from the freshly signed Regional Comprehensive Economic Partnership (RCEP), multinationals have shown a clear path they picked to pursue a rosy future by betting on the Chinese market.
Source: Global Times | 2020/11/19 22:21:50

Biden's intention to 'write trade rules' won't dampen RCEP

The signing of the Regional Comprehensive Economic Partnership (RCEP) by 15 Asia-Pacific countries has sparked concerns among US-led Western world of losing dominance in global trade system. From media to politicians, there are voices suggesting to contain potential influence of the fresh trade deal.
Source: Global Times | 2020/11/19 18:28:42

China-Japan-SK FTA to speed up with RCEP push

In the wake of the successful signing of the world's largest trade deal - Regional Comprehensive Economic Partnership (RCEP) that encompasses a third of the global economy, a higher level trilateral free trade agreement(FTA) among China, Japan and South Korea is likely to be reached sooner than expected.
Source: Global Times | 2020/11/18 19:35:24

G20 summit an opportunity to reach consensus on global vaccine cooperation

The world has been badly hit by the COVID-19 pandemic for nearly a year, bringing an urgent need for global cooperation on virus containment as well as economic recovery. With the upcoming virtual G20 Summit scheduled to start at the weekend, multiple hot topics including cooperation on vaccines have drawn wide expectations.
Source: Global Times | 2020/11/18 13:41:12

Where is the US-China economic decoupling heading?

The US-China trade war is not really about trade; it's about technology transfer and decoupling.
Source: Global Times | 2020/11/17 22:00:46

Peaceful transition by Trump important for US economy

With little over two months left in the White House, US President Donald Trump - who stands little chance of turning the tide and has seemingly no intention of submitting to a peaceful transfer of power - is reportedly planning to continue with his tough anti-China policies.
Source: Global Times | 2020/11/16 22:34:12

Indo-Pacific strategy upholder India misses the bus of RCEP and long-term growth

The signing of the Regional Comprehensive Economic Partnership (RCEP), which covers 15 countries and 30 percent of the global economy, undoubtedly offers a driving force for the involved economies to regain growth momentum to struggle out of the COVID-19 mire and win advantages during the post-pandemic era.
Source: Global Times | 2020/11/15 23:28:32

Platforms must not become oligopolies, hindering fair competition

Following an 11-hour shock suspension of Jack Ma's Ant Group IPOs at the Shanghai and Hong Kong stock exchanges, China's market regulators are tightening anti-trust legislation to dial up scrutiny of the country's internet-based platform giants, in an effort to restore fair competition in the increasingly important digital economy, and to protect new competitors and the broader consumers.
Source: Global Times | 2020/11/15 15:53:23