SOURCE >> Expert assessment

Further trade decline possible if Australia keeps undermining Chinese importers' confidence

Amid reckless efforts to sabotage relations with China, certain Australian politicians have used every opportunity to slander China through politicizing economic activities. Recent setbacks to its exports to China have touched the nerves of these impenitent anti-China forces, including Chinese customs' inspection of the metal content of lobsters imported from Australia, which is a normal clearance step to ensure food security.
Source: Global Times | 2020/11/5 19:23:40

Sweden should stop bullying Chinese tech with 'security' guise

Swedish authorities have announced restrictions on Chinese 5G developers from joining the country's 5G network construction, under the unproven but catch-all guise of "national security" concerns. Such a move, siding with the US' anti-China campaign, will inevitably lead to damage to its economic and trade relations with China and put Swedish firms' businesses in China at risk.
Source: Global Times | 2020/11/3 23:08:12

China's industrial self-reliance will bring new opportunities for Asia-Pacific economies

The "dual circulation" strategy aims to build up an open and inclusive system in which internal and external markets boost and support each other.
Source: Global Times | 2020/11/3 22:43:40

Krach overstates Clean Network initiative claims

Amplifying America's anti-China war cry, several US politicians have been dashing around the world, fabricating facts and creating political gimmicks they think will help their own interests. US Undersecretary of State Keith Krach is just such a politician. Keenly pushing a so-called Clean Network initiative that targets Chinese telecom producers, he claims that the program has successfully strangled the development of Chinese companies.
Source: Global Times | 2020/11/2 22:19:33

HK needs to consolidate position as international financial center

After major economic indicators showed a weak performance for more than one year, the Hong Kong Special Administrative Region's (HKSAR's) exports rebounded the most in nearly two years in September on the back of a recovering Chinese mainland economy.
Source: Global Times | 2020/11/1 23:38:40

Zambia debt woes expose difficulties in international assistance

Zambia has reached a deal to defer debt repayments that were due this month on a loan from the China Development Bank (CDB), the Reuters reported.
Source: Global Times | 2020/10/29 21:59:24

Impenitent anti-China forces risk Aussie cities' growth opportunity

Despite a spiraling downward bilateral relationship, some anti-China forces in Australia have spared no efforts to keep expanding the ideology-biased hostility into every aspect, even normal city-level communications.
Source: Global Times | 2020/10/29 21:47:44

Goldman Sachs' involvement in 1MDB scandal is a warning for financial sector

Goldman Sachs recently agreed to pay more than $2.9 billion to regulators around the world to resolve probes into its central role in the 1Malaysia Development Berhad (1MDB) debacle, CNBC reported.
Source: Global Times | 2020/10/29 19:57:04

Rubio threat cannot overcome bright future of Chinese firms

The US Republican Senator Marco Rubio has upped his attacks on Chinese firms, trying to cut ties from the US capital market of certain Chinese companies. This cold war mentality shared by some US politicians goes against market principles and is doomed to fail in the long run.
Source: Global Times | 2020/10/28 21:57:22

As Abe steps down, did Abenomics succeed?

Former Prime Minister Shinzo Abe's resignation could significantly alter Japan's economic policies. When Abe took the reins in December 2012, the economy was beset by three intertwined problems: large annual budget deficits; persistent deflation, which made reducing debt ratios nearly impossible; and weak economic growth since Japan's equity and real estate bubbles popped in the early 1990s.
Source: Global Times | 2020/10/28 15:17:23

Discrediting China-Africa cooperation won't succeed

The African country of Zambia recently sought debt restructuring against the backdrop of the COVID-19 pandemic sweeping the world, while some Western media and politicians again tried to hype some developing countries' debt problems and defame China's efforts to strengthen cooperation with Africa.
Source: Global Times | 2020/10/28 13:08:40

Dual-circulation strategy becomes new road map of growth

The fifth plenary session of the 19th Communist Party of China (CPC) Central Committee, which began on Monday in Beijing, has attracted global attention.
Source: Global Times | 2020/10/27 19:47:56

Minor resurgence of virus won't affect nation's recovery

As winter draws near, concerns are rising that the risk of COVID-19 resurgence may undermine China's prospects for a hard-won economic recovery, especially after Kashi in Northwest China's Xinjiang Uygur Autonomous Region recently reported an outbreak that medical experts suggest may have connection with the cold weather.
Source: Global Times | 2020/10/26 21:11:34

Will the pandemic spell the end of US dollar's dominance?

The US dollar has maintained international payment dominance for decades. To this day, the dollar remains the primary global reserve currency, and plays a prominent role in global trade and financial flows.
Source: Global Times | 2020/10/26 16:41:44

US' final presidential debate shouldn't strangle possibility of China-US cooperation in COVID-19 fight

The second and final presidential debate before the 2020 US election, between Republican President Donald Trump and Democratic challenger Joe Biden, will be held on Thursday night US time. The first debate was so "hostile" and "chaotic" that the mute button introduced by the debate commission has become a hot subject for media outlets on the eve of the debate.
Source: Global Times | 2020/10/22 22:13:41

Targeted rules for foreign capital expected in new 5-year plan

Against the backdrop of an increasingly complex global environment, the upcoming launch of China's 14th Five-Year Plan (2021-25) has drawn extensive attention. Among a series of expected highlights, more targeted and sound policies to attract foreign capital are expected, especially when China has committed to deepen reform and opening-up, and foreign capital has a golden opportunity to grow amid China's improving business environment.
Source: Global Times | 2020/10/22 21:42:49

Indian economy to suffer losses if politicians play Taiwan card

Taiwan is an inalienable part of China's territory, and India, as a country having diplomatic relations with China, should be aware that playing Taiwan card to challenge China's red line will have severe consequences.
Source: Global Times | 2020/10/21 22:13:11

China's export control law provides legal guarantees for fair trade principle

China has passed the Export Control Law of the People's Republic of China on Saturday. The law, which will take effect on December 1, stated that if any country or region abuses export control measures to endanger China's national security and interests, China can take reciprocal measures based on actual conditions.
Source: Global Times | 2020/10/21 21:25:20