SOURCE >> Expert assessment

Decoupling self-defeating move for Indian economy

Ever since the June 15 China-India border brawl, authorities and militaries on both sides have been striving to calm tensions via diplomatic channels and mechanisms to resolve border-related issues.
Source: Global Times | 2020/7/29 20:48:40

What should China do as G7 starts targeting digital yuan?

Group of 7 (G7) countries are reportedly promoting cooperation on a central bank digital currency (CBDC) and will discuss the issue at the annual G7 summit that is scheduled for late August or early September. The topic is China's lead in CBDC research and its potential challenge to the US dollar's dominance, according to the report, which is full of hostility against China.
Source: Global Times | 2020/7/29 18:46:40

US-listed Chinese companies to accelerate homecoming

Whether or not US-listed Chinese companies should return to Chinese stock markets now seems to be an issue of concern as the bilateral tensions elevate, and risks keep accumulating in the US financial system. A homecoming trend led by Chinese tech giants is set to accelerate.
Source: Global Times | 2020/7/28 19:13:27

US unlikely to see V-shaped recovery before election

With the highest number of confirmed COVID-19 infections in the world, the US is unlikely to see the V-shaped economic revival which the Trump administration is eager to achieve, as the 100-day countdown to the November 3 presidential election draws near.
Source: Global Times | 2020/7/27 19:53:40

Limited scientific cooperation with China would hurt Australia

In addition to largely benefiting from economic cooperation with China, Australia is reportedly enjoying a China-led "knowledge boom," as China is overtaking the US as the country's leading international partner in the publication of scientific research. If Australia blindly limits China-Australia scientific research cooperation, it will further hurt its own economic interests.
Source: Global Times | 2020/7/23 21:04:54

US throttles global digital unity and prosperity

A US Senate report released Tuesday slandered China's technology development as "digital authoritarianism."
Source: Global Times | 2020/7/23 16:04:54

China ties could be a highlight of new Germany-led EU

Germany has recently taken over the rotating presidency of the Council of the European Union amid a devastated global economy. It is highly anticipated that Germany will lead the European Union (EU) out of the pandemic crisis and gain progress in economic resumption.
Source: Global Times | 2020/7/22 21:58:40

US may not be able to build own 5G club with decoupling mindset: expert

As the Trump administration intends to pull China into a new Cold War, it is set to continue tightening its overbearing technology blockade. China's basic scientific research and high-tech fields will feel more pressure.
Source: Global Times | 2020/7/21 23:16:07

US' decoupling push weakens as China-ASEAN ties build

Despite the US' tireless efforts to promote its "decoupling" from China and the ongoing deadly COVID-19 pandemic, China and the Association of Southeast Asian Nations (ASEAN) have forged more highly integrated economic and trade ties, overthrowing the basis of the US' scheme to isolate China from global industrial chains.
Source: Global Times | 2020/7/21 21:06:56

Chinese investment will be cautious as UK leans to US

Under pressure from its Brexit countdown and poorly handling of COVID-19 outbreak, the UK has become more aggressive in its foreign policy, seemingly betting high on the US while risking an end to its "Golden Era" relations with China. Under the deteriorative circumstances, it is inevitable that Chinese enterprises will more cautiously weigh their investment options in the UK, at least in the short term.
Source: Global Times | 2020/7/20 20:43:11

What cards could China play in response to UK's Huawei ban?

When the UK made the unwise decision to join the US' politically driven crackdown on Chinese telecom giant Huawei based on fabricated "national security risks," it seemed to be ready to take the countermeasures from China even at the cost of the interests of the UK's businesses.
Source: Global Times | 2020/7/16 22:31:29

Can China be the world's engine in post COVID-19 recovery?

China's GDP grew 3.2 percent year-on-year in the second quarter, reversing from a 6.8-percent contraction in the first quarter. As the first major economy to show a recovery from coronavirus damage, will China become the world's "engine of economic growth" in post COVID-19 pandemic recovery, as it did in the 2008 financial crisis.
Source: Global Times | 2020/7/16 22:16:57

China-ASEAN integration to deepen despite US disruption

With the novel coronavirus pandemic wrecking the global economy, economic ties between China and the Association of Southeast Asian Nations (ASEAN), as well as regional economic integration in Asia, will be enhanced despite the US' interruptions in the South China Sea amid its intensifying presidential election season.
Source: Global Times | 2020/7/16 20:26:36

India unable to attain industrial upgrade within 5-10 years

Echoing the US' attempt to decouple from China, India has recently sought confrontation with China in economic fields. Luring industrial relocations from China is one of its major purposes. But India will be unable to fulfill "the lofty goal" for at least five to 10 years due to its insufficient capabilities.
Source: Global Times | 2020/7/14 21:45:15

UK's rejection of Huawei to draw some punishment

London's decision to ban Chinese technology giant Huawei Technologies Co from its 5G networks violates free-market principles. Although the UK can find other excuses for the move, it's easy to see the decision came under pressure from the US.
Source: Global Times | 2020/7/14 21:26:27

Business model upgrade crucial for new jobs in H2

With continuously prudent efforts to contain the novel coronavirus and reboot the world's second-largest economy, China's economic growth in the second quarter, to be announced this week, has seen increasingly favorable signs, and is expected to be a highlight in the world amid the pandemic.
Source: Global Times | 2020/7/13 18:51:43

India shouldn't use China as excuse for renewed RCEP rejection

New Delhi reportedly "won't review" its decision not to join the Regional Comprehensive Economic Partnership (RCEP). Top official sources were quoted as saying New Delhi won't join any trade agreement where China is a member, especially after the COVID-19 pandemic and the border stand-off with China.
Source: Global Times | 2020/7/11 8:46:56

China's autonomous fishing moratorium a milestone for global ocean governance

China recently started a three-month fishing moratorium on parts of the high seas in the southwest Atlantic and east Pacific. For fishery activities on the high seas without governance of international organizations, it was an innovative measure and the first state action to implement a fishing moratorium and promote protection of fish stocks.
Source: Global Times | 2020/7/10 0:13:40