SOURCE >> Expert assessment

US efforts to turn Southeast Asia against China won't succeed

The US hasn't ever stopped its efforts to push countries and regions in Southeast Asia to join its anti-China clique, which is not simple or achievable as China and Southeast Asian countries maintain cooperative ties way deeper and wider than their disagreements.
Source: Global Times | 2020/9/3 11:28:40

Economic meltdown, border tensions pummel India's Modi

India's economy tanked from April to June by a whopping 23.9 percent, recording the steepest contraction among the world's G20 countries, reflecting years of uneven development and the country's fragile economic structure that melted down instantly under the impact of the COVID-19 onslaught.
Source: Global Times | 2020/9/2 18:03:27

US 'government-coerced deal' a robbery, against rules

China's Ministry of Commerce and the Ministry of Science and Technology released the revised catalogue of technologies that are subject to export bans or restrictions on Friday. In Section 15 of Part II dealing with computer service industry, "personalized information push service technology based on data analysis" has been added to items subject to export restrictions.
Source: Global Times | 2020/9/2 16:42:23

Indian economic momentum stumbles under surging COVID-19 cases

After months of large-scale lockdowns in India, the world's fifth-largest economy has witnessed its largest contraction on record. With the COVID-19 pandemic still sweeping the world, countries and regions may slow their overseas investment and further dim India's economic prospects in the second half of the year.
Source: Global Times | 2020/9/1 20:23:40

US 6G leap forward narrative nothing more than a bluff

The US is reportedly set to increase investment in high-end 6G technology, so as to surpass the advantages China's Huawei has built in the 5G field. According to an article, the economic and military applications of 6G technology are even more revolutionary. The US Department of Defense may also pay attention to the fact that competition among countries in the 6G industry will become more intense in the future.
Source: Global Times | 2020/9/1 19:48:06

Indian troops' illegal crossing of LAC a move to deflect domestic attention

India on Monday reported its sharpest GDP contraction on record, as the economy shrank 23.9 percent in the second quarter. With the looming prospect that it may even take over the US as the global pandemic center, the Indian economy may sink deeper into the mire in the second half of the year.
Source: Global Times | 2020/9/1 16:13:40

Australia risks backsliding into a poor country in Asia Pacific

There are few signs that Australia intends to stop provoking China, or to attempt to ease escalating tensions. Instead, its insistence on continuing along the US' lose-lose path toward decoupling will undoubtedly cause huge damage to its already severely injured economy.
Source: Global Times | 2020/8/31 23:57:28

China's tech export controls in line with security requirements

Chinese experts noted that the adjustment has long been expected, and is simply in line with China's agenda to protect intellectual property and enhance its national security.
Source: Global Times | 2020/8/31 21:57:14

China should prepare for emergency industry build-up

Since the outbreak of COVID-19, China's face mask production capacity has rapidly transitioned from being in short supply to relative over-capacity. As demand has saturate, a number of factories are facing the risk of having to shut down.
Source: Global Times | 2020/8/27 18:29:54

Iron ore imports from Australia drop, showing trend for bilateral trade

Australia saw robust exports to China in the first half of the year, showing its increased dependency on the Chinese market, but it then recorded a 17 percent decline in exports to China in July, with metalliferous ores exports falling 12 percent from the level in June.
Source: Global Times | 2020/8/27 14:14:42

Washington needs clear rules covering foreign firms

US-traded Chinese firms will either opt for a dual listing, or delist from the US and come back to their home markets as a result of an unfortunate trend gripping the US in which a clearly defined framework is still not in place for foreign companies to operate.
Source: Global Times | 2020/8/26 20:08:16

No doubt China can fulfill chip self-sufficiency goal

China has set a goal of producing 70 percent of the semiconductors it uses by 2025, and unveiled a slew of policies to help boost the domestic semiconductor industry. Skeptics have nevertheless called the goal into question due to China's current, relatively low self-sufficiency ratio. It is indeed a challenging target, which I would have found unrealistic ten years ago ?- but now I'm fairly confident it is doable.
Source: Global Times | 2020/8/26 14:26:19

EU-China partnership will help both economies to recover

Owing to fears that the COVID-19 pandemic may lead to a contracted global economic crisis, countries and regions have entered a phase to solidify cooperation after months of fighting the virus separately.
Source: Global Times | 2020/8/25 20:48:25

India's narrowing trade deficit with China is unsustainable

In recent months, India has seen its trade deficit with China fall and then bounce back, demonstrating that any manufactured reduction in the trade deficit based on protectionism simply isn't sustainable, despite being the result Indian authorities are longing for.
Source: Global Times | 2020/8/24 20:19:59

China-Australia economic war unlikely despite confliction

As China's investment in Australia reaches a historical low, Canberra reportedly intends to block Chinese dairy firm Mengniu's acquisition plan to buyout an Aussie diary brand, with an offer of A$600 million ($431million), from Japan's Kirin Holdings.
Source: Global Times | 2020/8/20 22:16:34

Vaccines for COVID-19: ways for international cooperation

Cooperation between countries in public health is complex by nature and made more so by ever shifting calculations of geopolitical implications associated with the ongoing struggle to contain the COVID-19 pandemic. The geographical and demographic reach of the virus is too unprecedented to call on past examples of successful cooperation. But time has come for contemplating equitable access to vaccines, in addition to relaxation of travel restrictions, among all countries.
Source: Global Times | 2020/8/20 11:33:40

Trump's luring US firms back plan another empty promise to cajole voters

Longing for four more years in the White House, US President Donald Trump recently gave a speech during a visit to Minnesota in which he spewed out empty promises to woo his supporters; promises that are likely to fade away after the election just as his previous ones have.
Source: Global Times | 2020/8/20 11:23:40

How will anti-dumping probe affect Australian wine makers?

The investigation involves 10 Australian wine makers and nine domestic import companies. Investigators will focus on whether wine imports from Australia were dumped, the extent of the dumping margin, and the impact on domestic industries.
Source: Global Times | 2020/8/19 20:52:20