SOURCE >> Expert assessment

Huawei access to 5G in UK involves a struggle as Washington continues interference

Over the weekend, the UK's Sunday Times leaked information about a fight taking place within the British government over whether or not to allow Huawei to participate in Britain's development of its 5G network.
Source: Global Times | 2019/10/30 20:58:51

China striving for a place in blockchain-defined future

Behind the skyrocketing passion for blockchain, a buzzword that has penetrated Chinese social media over the past few days, is the nation's strategic vision: striving for a place in the financial world of the future.
Source: Global Times | 2019/10/29 19:23:41

Lacking market space, German economy trapped in overproduction 'black hole'

After nine consecutive years of growth, Germany's economy is expected to enter a technical recession in the third quarter of 2019. The country's leading economic institutes have already lowered their economic growth forecasts, expecting the economy to grow by 0.5 percent this year and by 1.1 percent next year.
Source: Global Times | 2019/10/28 23:28:40

Indonesia's grand 2045 vision is an ambitious target, but it can be reached

President Joko Widodo started his second term in office after winning the recent presidential elections in Indonesia. In a speech after swearing the oath of office in Jakarta on October 20, Widodo proposed the Indonesia's 2045 vision, pledging to make the country one of the top five world economies with a total GDP of $7 trillion and an annual GDP per capita of $320 million rupiah ($22,807) by the time it celebrates 100 years of independence in 2045.
Source: Global Times | 2019/10/27 20:58:40

China will need to battle further economic slowdown in fourth quarter

The Chinese economy is showing an accelerated decline. According to data released by the National Bureau of Statistics (NBS), China's GDP grew 6.0 percent year-on-year in the third quarter of 2019, lower than the average growth rate of 6.1 percent that analysts polled by Reuters had anticipated. It's China's lowest quarterly economic growth since records began 27 years ago, in 1992.
Source: Global Times | 2019/10/24 18:58:42

Macao has potential, policy advantages to become a regional financial center

Macao has recently taken a series of actions in financial areas. A plan to establish a yuan-denominated securities exchange has reportedly been submitted to the central government. Macao will also be developed into a yuan-clearing center for Portuguese-speaking countries. It will also develop its green financial system, build a cross-country financial service platform between China and Portuguese-speaking countries, promote innovation in the financial sector and develop distinctive financial services. But does Macao intend to become a regional financial center?
Source: Global Times | 2019/10/23 20:43:41

Cooperation between China, Pacific island nations in line with globalization trend

The US and Australia have been promoting the news that a Chinese company inked an agreement with the Solomon Islands to build an economic development zone in the latter's Tulagi Island. Such normal bilateral cooperation has, once again, been used to demonize Chinese investment and the mutually beneficial relations between China and South Pacific island nations.
Source: Global Times | 2019/10/22 21:28:40

US sanctions Chinese vessels: A different method of blockade and power play

Last month, the US Department of the Treasury announced the COSCO Shipping Tanker (Dalian) Company and COSCO Shipping Tanker (Dalian) Seaman and Ship Management Company met the requirements for new sanctions under Executive Order 13846, which reimposed sanctions with respect to Iran.
Source: Global Times | 2019/10/21 22:48:40

China knows its place despite surpassing US in number of richest people

China still has long way to go to catch up with the US in terms of wealth, though it seems that the China-US trade dispute and a looming global slowdown did not stop China from manufacturing millionaires.
Source: Global Times | 2019/10/21 22:31:18

China needs to diversify agricultural imports, provide investors with opportunity

Though the inflation of food prices hasn't happened, Western media has hyped it up. China's food security and agricultural products trade does draw attention against the backdrop of China-US protracted trade war. And recounts of poverty alleviation achievement and opening-up in the agricultural market around World Food Day indicate more opportunities in Chinese agricultural industry.
Source: Global Times | 2019/10/20 18:43:40