SOURCE >> Expert assessment

Global poverty solved thanks to China, not 2019 Nobel economics laureates

Maybe it's time to abolish the absurd Nobel Prize for economics. Monday's announcement of this year's Nobel economics laureates points to the absurdity of the prize that technically isn't really a Nobel.
Source: Global Times | 2019/10/14 21:16:02

Chinese consumer market not running out of steam

Is it true that Chinese economy is running of steam when it is undergoing a pivotal transition toward being consumption-driven? Definitely not, though it was warned by the New York Times in a recent article which argued the nation's spenders are saving along with a slowing economy.
Source: Global Times | 2019/10/14 14:28:39

Africa embraces changes, focus on infrastructure necessary with Chinese support

As we come close to the start of a new decade in a new era of industrialization based on a digital economy, artificial intelligence (AI), robotics and bringing economies closer through an integrated hard and cyber infrastructure, Africa's future depends on how well it is prepared to embrace the changes, shifting its economic policies toward e-commerce, absorbing new technologies, and linking its local markets to the global one.
Source: Global Times | 2019/10/13 22:08:40

India needs Chinese support to seize manufacturing relocation opportunities

Why are manufacturers still showing little enthusiasm for India, five years after the Make in India initiative was launched? The seed of a viable solution to this situation may lie in the upcoming meeting between Chinese and Indian leaders in the coastal city of Chennai.
Source: Global Times | 2019/10/10 21:48:40

Reliance on NEV subsidies creates bubble, and domestic carmakers should abstain

An expo on new-energy vehicle (NEV) automatic technologies, scheduled for the end of the month in Shanghai, has reportedly been postponed until August 2020, citing a change of plans by some participating companies due to industry sluggishness.
Source: Global Times | 2019/10/10 18:56:45

Beijing needs to be prepared for European Union's major industrial policy shift

EU industrial policy is undergoing a major shift. The bloc believes that it needs to strengthen government intervention to reinforce its dominance in industrial development, against the background of increasingly fierce market competition. After the shift, the EU's industrial policy will become a crucial weapon in the tech competition among major powers.
Source: Global Times | 2019/10/9 21:33:40

Foreign firms eyeing Chinese market prove forced technology transfer claims don't hold up

Huawei, the Chinese privately held technology star, launched the Mate 30 series in September, the bombshell smartphones with “fifth-generation” (5G) technology after being blacklisted by the US Commerce Department.
Source: Global Times | 2019/10/8 21:33:41

Chinese success directly connected to ensuring wealth, prosperity for citizens

In celebrating the 70th anniversary of the People's Republic of China, 1.4 billion Chinese have found relief provided by the central government as it continues to steer the country in the right economic direction. The results were realized through the government's efforts in embracing reform and opening-up policies, implementing public welfare programs, partnering with as many countries as possible, and avoiding a zero-sum game with the US.
Source: Global Times | 2019/10/7 20:48:39

'Defeating China' is wishful thinking from Soros

After George Soros wrote an op-ed piece in the Wall Street Journal saying his interest in defeating China "goes beyond US national interests," some Chinese media outlets reported the billionaire financier attempted to short sell Hong Kong stocks recently when the market was hit hard by the city's ongoing riots. It is worth considering why Soros is so obsessed with defeating China.
Source: Global Times | 2019/10/6 11:54:12

US blame strategy toward China untenable

Huawei, the Chinese privately held technology star, launched the Mate 30 series in September, the bombshell smartphones with “fifth-generation” (5G) technology after being blacklisted by the US Commerce Department.
Source: | 2019/9/30 10:41:53