SOURCE >> Expert assessment

Firms welcome foreign investment law

China's foreign investment law took effect at the beginning of 2020. Regulations for the law's implementation, which were published on Tuesday, highlighted the country's desire to protect and promote foreign investment. China's latest endeavor to expand its opening-up has been well received by foreign companies. Increased foreign investment in China is expected.
Source: Global Times | 2020/1/2 22:45:11

More policy easing moves likely in 2020

China's room to maneuver its monetary policy has further expanded and more easing measures can be expected in 2020.
Source: Global Times | 2020/1/1 22:10:59

RRR cut to reduce financing problems for companies

In China's current economic situation, a RRR cut will help better solve corporate financing problems and boost investment to expand production, thereby driving economic growth.
Source: Global Times | 2020/1/1 20:58:40

Liquidity allocation more crucial than RRR cut

There is a possibility that the People's Bank of China (PBC) will cut the reserve requirement ratio (RRR) in January. The possible RRR cut could be similar to the last time in September - overall cut combined with targeted cuts.
Source: Global Times | 2019/12/30 23:01:32

2020 Outlook: No need for pessimism

China's economic slowdown in 2019 was mainly caused by the superposition of trends, cyclical factors and sudden events. Despite some of the causes that still exist in 2020, the economic outlook is not necessarily pessimistic as some cyclical factors will reverse and good results of reform will continue to show up.
Source: Global Times | 2019/12/30 18:53:05

Modi to further push 'Make in India'

Modi's strategy mainly focuses on striving for practical interests on all fronts for India and expanding markets for "Make in India," which is posing impacts on China's Belt and Road Initiative (BRI) and competition with "Made in China."
Source: Global Times | 2019/12/29 20:20:52

US policy on China won't change

There will not be a change in fundamental US policy toward China regardless of the outcome of the election.
Source: Global Times | 2019/12/26 18:08:40

US using 5G scare story to play catch-up

As we move ahead toward 2020, Western nations are creating a new narrative of an enemy that must be contained: the China made 5G network.
Source: Global Times | 2019/12/25 21:19:08

China's faster growth will see yuan go up to 6.0 against dollar

The yuan is likely to appreciate to around 6.8 against the US dollar in three months, and is expected to rise to around 6.0 in three years.
Source: Global Times | 2019/12/25 20:44:08

High-tech decoupling is riskier for US

China and the US have agreed on the terms of a phase one trade deal, taking a step forward that has been long anticipated by the world. To maintain the good momentum, it's imperative for the two countries to be wary of the potential hazards of "decoupling in the high-tech sector."
Source: Global Times | 2019/12/24 19:11:56

China's tariffs cut plan will help India narrow trade deficit

China's new import tariffs cut plan that starts from January 1 will definitely benefit India in narrowing its trade deficit with China. India should learn from China's resolve and endeavor to expand its opening-up despite necessary short-term pains.
Source: Global Times | 2019/12/23 22:13:40

US could benefit from China's lowered tariffs

While China's move on Monday to lower tariffs on hundreds of foreign products are clearly not aimed at the US alone, US businesses, particularly high-tech companies, could benefit greatly from the decision. However, that would require the US government to shift certain policies.
Source: Global Times | 2019/12/23 22:08:40

China's tariff reductions not result of US trade war

While China's decision on Monday to reduce tariffs on more than 850 foreign products may attract special attention given the ongoing trade negotiations between China and the US, it is wrong to view the move, which could benefit many countries around the world, only through the lens of the trade war.
Source: Global Times | 2019/12/23 22:03:40

Macao downgrade reveals Western bias

Criticizing Macao as it celebrates the 20th anniversary of its return to China is a reflection of Western-style prejudice against the Chinese model that has created nation-wide prosperity.
Source: Globaltimes.cn | 2019/12/20 1:56:35

China's economy has bottomed out

The Chinese economy has bottomed out. GDP growth this year is expected to grow by at least 6.1 percent. If we proceed with current economic operations and policies, the economic growth will not drop below 6 percent in 2020.
Source: Global Times | 2019/12/18 20:05:28

China, US should cooperate on 5G

The fifth generation mobile technology (5G), which represents the future of the information and communication technology (ICT), is a crucial factor for China to promote quality development and also a key technology for all economies to realize their own development. As many countries expedite the development of the technology, highly intertwined global industrial chains, supply chains and value chains are taking shape. Such a high-tech innovation endeavor was born from global cooperation, and its further development also needs the international community to work together more closely with an open mind, especially China and the US.
Source: Global Times | 2019/12/17 21:07:24

WTO needs to improve international trade rules

With the rising protectionism and unilateralism worldwide, there is still no denying that the global trade environment has never faced so many uncertainties and challenges as it does today. As an experienced trade expert, Pascal Lamy (PL), who served as WTO director-general from 2005 to 2013, talked with Global Times reporter Wang Jiamei (GT) in an exclusive interview on Saturday to share his views on topics like the trade war and WTO reforms.
Source: Global Times | 2019/12/16 20:08:40

China's 2020 GDP growth crucial for stabilizing expectation

Judging from recent statistics, the 2020 outlook for the Chinese economy seems gloomy. China's manufacturing purchasing managers' index (PMI) stayed below 50 for six consecutive months in the May-October period before finally edging up to 50.2 in November, indicating a slight expansion. The November consumer price index, an important gauge of inflation, jumped 4.5 percent year-on-year, marking a 94-month high. Economic slowdowns usually lead to a fall in the inflation rate due to lower demand, but higher inflation amid a slowing economy is more likely to result in stagflation.
Source: Global Times | 2019/12/15 18:43:39