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It is interesting that not long after Chinese customs data showed China's exports to and imports from Brazil both rose by about one-third in January and February, some Western media outlets began to eagerly attack and smear trade between the two countries, trying to create a false impression that Brazil is a victim of China's dumping of cheap goods.
By Hu Weijia | 2024/3/18 22:53:34
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  • GT Voice: Objective view of Chinese economy crucial amid rising world uncertainty

    Will the Chinese economy collapse because of the property problem? Western media outlets have appeared very concerned about this issue, which is affecting the world's objective and accurate view of the Chinese economy. Looking at the latest data and recent policies, we can confidently tell all those concerned about China's economy that the real estate sector may pose a problem, but it won't cause a collapse.

    By Global Times | 2024/3/18 22:07:48
  • GT Voice: German cooperation with SE Asia won't replace China's role

    Germany has shown a growing interest in strengthening economic ties with Southeast Asia. It is crucial that this cooperation is based on mutual benefits and win-win outcomes, rather than being driven by political agendas that could lead to a split of supply and industrial chains connected to China.

    By Global Times | 2024/3/17 20:59:01
  • US economic policies toward China are biased, hurt America's essence

    US President Joe Biden, delivering his annual State of the Union address to Congress recently, announced that his administration wants "competition with China, not conflict." He boasted his policies for contributing to the US having the "best economy" in the world, contrasting them with what he described as the only "tough talk" on China from his predecessor. He even declared that "America is rising" under his leadership.

    By Wen Sheng | 2024/3/17 19:06:52
  • SK should go forward, not backward, to expand Chinese market despite US wedge

    It has always been US' desire to persuade allies to tighten curbs on China's access to semiconductor technology, but South Korean policymakers must be clear-minded that every step taken by Seoul to back down will result in catastrophic economic losses for South Korean semiconductor makers.

    By Hu Weijia | 2024/3/14 23:09:41
  • GT Voice: US protectionism against China hurts own domestic EV industry

    At a time when the global electric vehicle (EV) industry is likely to be taken by the protectionism storm, it is encouraging to see someone from the European auto industry to speak out for the necessity of competition for the development of the EV industry.

    By Global Times | 2024/3/14 20:30:07
  • China always acts as the strong proponent for free trade

    As the global economy faces many uncertainties, China's stable foreign trade provides important support for the stability of the world economy. More importantly, in contrast to certain countries' anti-globalization behavior, China steadfastly promotes free trade and high-level opening-up

    By Ni Hongfu, Wang Xiaoxing and Hao Dapeng | 2024/3/14 17:57:58
  • Efficient financial market to propel new quality productive forces

    High-quality development is the first and foremost task of building China into a modern socialist country in all respects, while developing new quality productive forces is an intrinsic requirement and a significant focus of promoting high-quality development in China.

    By Dong Yun | 2024/3/14 17:53:42
  • GT Voice: Blaming China 'self-deception' for US industries, not a solution

    US unions appear to be seeking measures to help the American shipbuilding industry and its workers, but they are actually deceiving themselves in targeting China. This only reflects their anxiety over the lack of a solution to boost domestic manufacturing.

    By Global Times | 2024/3/13 23:06:53
  • China's exports are opportunities, not threats to manufacturing jobs

    A recent theory claiming that a surge in China's exports has put "jobs around the world in jeopardy" reached its culmination after official data revealed that China's exports, measured in yuan terms, rose 10.3 percent year-on-year in January and February. Regardless of whether or not China's exports increase, Western media outlets can always find ways to smear China's economy. It seems they have largely lost the ability to objectively assess China's economic performance.

    By Hu Weijia | 2024/3/13 21:31:47
  • Why Article 23 legislation will help Hong Kong better attract investment, boost growth

    To accomplish Basic Law Article 23 legislation as soon as possible is the top priority of the Hong Kong Special Administrative Region (HKSAR). Experiences from Western countries and neighboring regions showed that the implementation of legislation to maintain national security can help attract more investment and boost business activity and economic growth.

    By Liang Haiming | 2024/3/13 18:18:12
  • GT Voice: Risky, short-sighted for Manila to rely on US in SCS energy search

    Regardless of the Philippines' real intentions behind its plans to invite external forces into energy exploration in the South China Sea, the prerequisite is that it cannot harm China's interests.

    By Global Times | 2024/3/12 22:37:28
  • Protectionism not the solution for India to localize production of smartphones

    Some Indians may truly believe that trade protectionism can help accelerate the localization of smartphone manufacturing in the country, but those people are going to be deeply disappointed by the result.

    By Hu Weijia | 2024/3/12 22:25:22
  • Saudi Aramco's interest in China's supply chain shows nation's appeal

    Saudi Aramco Chief Executive Amin Nasser was quoted as saying on Sunday that the oil giant was looking at further opportunities to invest in China, underscoring the attractiveness of the Chinese market.

    By Hu Weijia | 2024/3/11 23:34:53
  • GT Voice: Positive trend requires efforts by both China and Australia

    With China and Australia making significant efforts to repair their relations, the warming-up of bilateral economic and trade ties is expected to lead to the settlement of more trade disputes, which is hard-earned and needs to be cherished by both sides.

    By Global Times | 2024/3/11 0:02:06
  • China's goal of doubling GDP in 2035 from 2020 isn't out of reach

    China's central government has unveiled this year's GDP growth target, at about 5 percent, on par with last year's rate. The target has made market investors rejoice, giving them higher confidence in an across-the-board revival of China-related equities and other assets in the coming months. As expected, the country's A-share market has held on to strong gains in the past two weeks of robust trading.

    By Wen Sheng | 2024/3/10 21:38:46
  • GT Voice: WSJ's 'China collapse theory' doomed to collapse yet again

    Why shouldn't people trust The Wall Street Journal (WSJ) reports on China's economy? Because if they do, then they are likely to fall into a cognitive trap that often leads to wrong judgment, missing out on the opportunity to benefit from China's growth dividends.

    By Global Times | 2024/3/7 23:25:29
  • Institutions' return to A shares proves Chinese assets still attractive

    China's A-share market is again making headlines as media outlets, citing Morgan Stanley analysts, said that "global funds are returning to China stocks." It seems that what has collapsed is the "China collapse" theory, not China's stock market.

    By Hu Weijia | 2024/3/7 22:43:22
  • GT Voice: Does China's economy need stronger stimulus to hit growth target?

    Simply measuring China's stimulus for economic growth in terms of the deficit ratio is clearly a misunderstanding of the economy. The ultimate goal of policies is to support a targeted economic transformation and effectively stabilize growth.

    By Global Times | 2024/3/6 23:21:59
  • Customs registration of China's EVs will harm EU economy, supply chains

    If EU policymakers plan to register Chinese electric vehicle (EV) imports as reported, they should think twice before taking action. Customs registration will inevitably deal a heavy blow to market confidence, and bring losses that are hard to calculate for the bloc's green transformation efforts.

    By Hu Weijia | 2024/3/6 22:30:54
  • GT Voice: Politicians' bias against Chinese EVs foretells Tesla's challenges

    The recent slump in Tesla's shares has raised concerns about its challenges, which come from both increasing market competition and American politicians' irresponsible rhetoric about Chinese electric vehicles.

    By Global Times | 2024/3/5 23:09:47
  • US can't disrupt growing economic, trade ties between China and PICs

    Rhetoric from US officials like Blinken attempting to discredit China's investments in the PICs cannot fool anyone. The attempts by the US to interfere with the PICs' legitimate rights to freely choose to expand economic and trade cooperation with China are futile.

    By Wang Yi | 2024/3/5 22:08:35
  • GT Voice: Western slander won't put China off its economic stride

    During China's two sessions, much attention is often paid to the country's GDP growth target. However, it is crucial to look beyond the numbers and understand the implications of new policies and measures to address economic challenges.

    By Global Times | 2024/3/4 23:04:59
  • China's economy creates development opportunities, not 'dumping shock,' to world

    A root cause of why the US-launched smear campaign against the Chinese economy has become hysterical lies in the fact that only by vilifying China can the US-led West find an excuse for its unjust actions and attacks against the Chinese economy.

    By Hu Weijia | 2024/3/4 22:24:11
  • US government's blocking entry of Chinese EVs smacks of political gamesmanship

    The US government's new policy toward China is driven by trade protectionism, offering the world further evidence of economic bullying and coercion.

    By Wen Sheng | 2024/3/3 22:13:27
  • GT Voice: Can Germany escape narrative trap of 'natl security' on TikTok?

    TikTok is in the spotlight once again, as German Chancellor Olaf Scholz was quoted by media outlets as saying that he wants the government to open an account on the Chinese video-sharing app. It is hoped that Western economies can take this as a chance to promote positive interactions with TikTok and foster a fair, transparent and predictable environment for Chinese companies.

    By Global Times | 2024/3/3 22:07:44
  • China's economic outlook rosy despite 'peak' slander

    Foreign watchers' pessimistic views on China's economy stem from ignorance of the logic of China's economic policy formation. As the weighting of China's policy-making has shifted more toward development, the outlook for GDP growth in 2024 is promising.

    By Yao Yang | 2024/2/29 21:50:20
  • European leaders' strategic sobriety on supply chain rules key to economy

    The good news is that EU members blocked on Wednesday new rules requiring large companies to check if their supply chains use so-called forced labor or cause environmental damage, but it is not yet time to celebrate, as there are still many tough battles ahead.

    By Hu Weijia | 2024/2/29 23:41:34
  • GT Voice: State secrets law revision not in conflict with opening-up

    China's efforts to improve its laws and regulations to safeguard national security will not be in conflict with its push to promote further opening-up, and an updated legal system could even play a more active role in providing a safer environment for foreign investment.

    By Global Times | 2024/2/29 23:38:34
  • GT Voice: BYD localization push in Europe shows potential for EV synergy

    Despite the growing protectionist climate in Europe, the Chinese and European EV industry chains don't necessarily have to resort to confrontation. There is still potential to further strengthen cooperation.

    By Global Times | 2024/2/28 23:19:07
  • Without China's market, US-SK 'industry alliance' to lose luster

    US Secretary of Commerce Gina Raimondo and Ahn Duk-geun, the South Korean minister for trade, industry and energy, held a telephone conversation on Tuesday. In their conversation, Ahn expressed willingness to enhance industrial cooperation with the US and called for more support over the Inflation Reduction Act (IRA), CHIPS Act subsidies and other trade issues.

    By Hu Weijia | 2024/2/28 22:54:23
  • GT Voice: US technology blockades send worrying signal for innovation

    The growing US obsession with technological blockades against China may actually be a manifestation of a lack of confidence in its own development, which is why it has opted to use blockades and sanctions to maintain its technological advantages and hegemony.

    By Global Times | 2024/2/27 23:18:22
  • Speech about 'space race' can't help US establish chip hegemony

    #US once promoted the #spacerace, hoping to achieve its goal of establishing hegemony in this field. Now, the #US repeats its old tricks, trying to establish #chip hegemony, but its efforts are doomed to fail.

    By Hu Weijia | 2024/2/27 22:13:15
  • Loss outweighs gains for TSMC for Japan investment

    TSMC officially opened Japan's most advanced wafer fab in Kumamoto on Saturday, Taiwan media outlets reported. However, the plant, which has long been anticipated by politicians on the island of Taiwan and Japan, may find it hard to bring expected economic benefits to its parent company.

    By Hu Weijia | 2024/2/27 20:04:54
  • GT Voice: Chinese battery manufacturing must be based on high standards

    Given the rapid development of vehicles using lithium-ion batteries in China, there is increasing urgency for stricter and higher standards for the country's battery manufacturing sector.

    By Global Times | 2024/2/26 22:44:29
  • 'C919 competition' hype does not benefit global aviation industry

    A recent report by KOTRA, a trade facilitation body funded by the South Korean government, offers a new perspective on China's aviation industry and the C919, which is considered a symbol of China's desire to become an aviation nation. It's a much-needed wake-up call for those who hype the competition between the C919 and aircraft developed by Boeing and Airbus.

    By Hu Weijia | 2024/2/26 22:32:54
  • GT Voice: Including Chinese, Indian firms in Russia sanctions unreasonable

    At the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to witness the West once more intensifying sanctions against Russia and even extending them to third countries, rather than reflecting on and acknowledging the past mistakes and economic perils associated with the indiscriminate use of sanctions.

    By Global Times | 2024/2/25 22:30:39
  • China's real estate, equities trading to get a major boost from policy easing

    A reviving real estate sector, coupled with a rallying stock market, will strongly accelerate overall social confidence and the ordinary households' sense of wealth gain in China, which will help lift up GDP growth in 2024.

    By Wen Sheng | 2024/2/25 20:05:03
  • GT Voice: WTO reform can't be another tool of US trade protectionism

    Even the most optimistic observers have to acknowledge that as the WTO's 13th Ministerial Conference (MC13) draws closer, there is still no sign of any concrete breakthrough for the WTO reforms. The MC13 is scheduled to take place next week in Abu Dhabi, United Arab Emirates.

    By Global Times | 2024/2/22 22:58:54
  • Big Western firms, not consumers, are beneficiaries of trade protectionism

    Europe was once the world's leader in terms of the development of wind energy, but right now, some industry leaders have to resort to trade protectionism to stave off competition from China. This is the tragedy of Europe's wind power industry.

    By Hu Weijia | 2024/2/22 22:54:04
  • Discussions of WTO rules on subsidies should avoid double standards

    China needs to play a constructive role in talks at the World Trade Organization (WTO) to reform global trade rules on industry subsidies, or risk rivals setting their own policies at China's expense, European Trade Commissioner Valdis Dombrovskis said on Monday, Reuters reported.

    By Wang Yi | 2024/2/21 23:30:42
  • GT Voice: Fed uncertainty won't affect expectations for China's policy

    With financial markets once again facing uncertainty about the Fed's rate policy, China is moving at its own pace to provide certainty for market expectations, which not only highlights the flexibility of China's monetary policy, but also reflects its ability to stabilize confidence.

    By Global Times | 2024/2/21 23:27:26
  • GT Voice: EU probe of TikTok needs to steer clear of ideological bias

    It seems that the EU is cementing its leadership as the primary regulator of tech giants, but to truly uphold fair digital competition and safeguard internet users from illegal online content, it needs to eliminate ideological bias in policy decisions concerning Chinese companies like TikTok.

    By Global Times | 2024/2/20 23:01:40
  • 'Matchmaking' for Chinese, Indian firms by New Delhi risks disrupting market

    Chinese companies in India have reportedly agreed, under pressure from the Indian government, to outsource their manufacturing processes to Indian companies, a move that local media outlets hailed as a "big victory" for local players. However, it is likened to an "arranged marriage," and it may disrupt normal cooperation in business and trade if normal business decisions are subject to the government intervention.

    By Yin Yeping | 2024/2/20 22:56:39
  • GT Voice: EV transition woes show US mistakes in obstructing China

    When the world is grappling with climate change challenges, the possibility of a slower transition to EVs in the US doesn't bode well, as it is a sign of the dilemma for American automakers in promoting EVs.

    By Global Times | 2024/2/19 22:41:49
  • Reported fall in Apple sales signals tougher competition in high-end device segment

    It is not much of a surprise that Apple appears to be facing an uphill battle to reverse falling iPhone sales in China. Analysis of the manufacturing industry and supply chain may help people see Apple's performance in China from a new perspective.

    By Hu Weijia | 2024/2/19 19:57:31
  • A dynamic stock market needs strict oversight as a launching pad

    China has recently moved to prop up its stock market, in an intensified bid to strengthen investor confidence and shore up domestic buying power that underpins China's overall economic rebound. A set of well-coordinated macro policy tools are necessary to backstop the market. It is of great importance for the policymakers to rectify market malpractices and overturn the negative market narrative.

    By Wen Sheng | 2024/2/19 18:35:49
  • EU should pay more attention to German investors' enthusiasm for China

    While some political elites play up "de-risking" from China, German companies have obviously voted with their feet. Their direct investment in China reached a record of nearly 12 billion euros ($13 billion) in 2023, Bloomberg reported.

    By Hu Weijia | 2024/2/18 21:30:08
  • GT Voice: US promises to Pacific islands could be simply 'pie in the sky'

    Despite US concerns about China's growing cooperation with Pacific Island Countries, China's stance and actions of helping those countries achieve social stability and economic development won't be affected by geopolitical interference.

    By Global Times | 2024/2/18 21:27:11
  • GT Voice: Western pressure on VW won't obstruct Xinjiang manufacturing

    Whether or not Volkswagen can withstand the new wave of Western pressure, it won't stop China from strengthening and consolidating Xinjiang's manufacturing edge for the purpose of the region's prosperity and stability.

    By Global Times | 2024/2/17 22:16:48
  • Fake 'China threat' narrative poses real threat to global shipbuilding industry

    It is not surprising that some Western observers and media outlets are once again resorting to promoting the "China threat" theory in order to exert pressure on Chinese manufacturing industries. This time, their target is China's shipbuilding sector. Vigilantly, these false accusations have the potential to disrupt the global supply chain and further harm the world's already fragile economy.

    By Hu Weijia | 2024/2/17 22:00:27
  • For the US, China is a partner rather than a foe in the new AI game

    The US relentless crackdown on #China's tech industry has made the prospect of meaningful cooperation on #AI more uncertain. Rather than cutting off China's connection with cutting-edge AI technologies, what the US has done is more like isolating itself from the global technological innovation ecosystem: Chinese tech observer

    By Li Yangyang | 2024/2/11 11:48:10
  • US politicians' threat to exclude China from global financial system 'daydreaming'

    Does the US enjoy absolute power that enables the country to exclude China from the global financial system? It certainly does not. American politicians who try to use the financial influence of the US as leverage to intervene in China's domestic affairs should wake up from their daydreaming.

    By Hu Weijia | 2024/2/7 23:31:32
  • GT Voice: EU can't let US protectionism pose barrier to green tech aims

    While there may be a risk of increased competition between China and the EU in green industry development, this does not obscure the big picture of bilateral green energy cooperation.

    By Global Times | 2024/2/7 23:05:43
  • GT Voice: US 'dumping' mislabeling of China to harm US consumers

    If Chinese-made goods are blocked from entering the US market due to being labeled as the result of “overcapacity” or “dumping,” American consumers will have to spend more money purchasing products with the same quality as Chinese ones.

    By Global Times | 2024/2/7 21:06:09
  • China's price level offers room for counter-cyclical adjustments; Western slandering untenable

    The relatively lower price level of #Chinese economy does not represent the risks Western media hyped. Instead, it gives ample room for #China's counter-cyclical adjustments to bolster economy.

    By Wang Yi | 2024/2/7 19:50:09
  • GT Voice: Measures to stabilize market also serve financial openness

    Aimed at maintaining financial stability, China's regulatory efforts will not change its long-term goal of promoting high-level financial openness, but will further serve the goal instead.

    By Global Times | 2024/2/6 23:48:14
  • Will staff exodus in Washington further disrupt global supply chain?

    The Financial Times Chinese edition published an op-ed piece recently saying that stalled trade agendas are pushing some senior American trade officials out the door, but the flurry of resignations won't get US trade policy out of its predicament. We worry that Washington's inaction to promote trade facilitation may cast shadows over global trade.

    By Hu Weijia | 2024/2/6 23:41:06
  • GT Voice: US-led IPEF all talk, no real action, doomed to fail

    Almost two years after the Biden administration unveiled its Indo-Pacific Economic Framework (IPEF), the economic initiative still hasn't generated any real trade deals, a development that may have disappointed the participating countries rather than surprising them, as the IPEF itself is originally a strategic alliance targeting China in the guise of boosting trade ties.

    By Global Times | 2024/2/5 22:45:10
  • Looking east will help revitalize Sri Lanka's economy in new environment

    Sri Lanka was hit in 2022 by one of its worst economic crises in history. But now, to stabilize its economy, the island country has been renewing a focus on free trade to foster economic growth. The question remaining is how the country can find a suitable and stable path of economic development amid the complex geopolitical environment.

    By Hu Weijia | 2024/2/5 22:41:16
  • Efforts to ease purchase curbs offer opportunities for housing sector

    Major Chinese cities, including Guangzhou, Suzhou, Zhengzhou and Shanghai, have moved to relax curbs on property buying. This will enable permanent and temporary residents in those cities to purchase homes on much easier terms. For example, Guangzhou has recently ruled that apartments with a floor space of more than 120 square meters can now be freely purchased, without any restrictions on the number of apartments to be bought. Suzhou has removed all previous restrictions.

    By Wen Sheng | 2024/2/5 0:22:28
  • GT Voice: Western plan to seize Russian assets a dangerous precedent

    It is no secret that ever since Western governments froze approximately $300 billion of sovereign Russian assets, they have been working on plans to legitimately seize those frozen assets. However, instead of addressing any of the problems in the Russia-Ukraine conflict, confiscation will only set a disastrous precedent in the international financial system.

    By Global Times | 2024/2/5 0:16:53
  • GT Voice: Warning about Chinese EVs underscores anxiety of US

    The US appears to be increasingly inclined to use non-market means to dodge market competition. An addiction to this approach may backfire.

    By Global Times | 2024/2/1 23:20:52
  • Import tariff cuts good news for India's factory sector, but not enough

    India cut the import duty on a number of mobile phone components to 10 percent from 15 percent, which has brought much-needed good news to the country's mobile phone manufacturing sector. Yet it is not enough.

    By Hu Weijia | 2024/2/1 22:35:39
  • China has capacity to achieve annual growth of 5% or higher in 2024: Yao Yang

    Before the outbreak of COVID-19, the Chinese economy had experienced a relatively stable growth rate for many years. However, the virus had a significant impact on the economy. In 2020, thanks to effective measures in combating the virus, the Chinese economy quickly rebounded from a contraction.

    By Yao Yang | 2024/2/1 19:41:55
  • GT Voice: New bright spots in economy generate renewed confidence

    IMF's upward revision of its forecast for China's 2024 economic growth is undoubtedly a good sign pointing to the improving confidence and expectations for the Chinese economy among Western public opinion.

    By Global Times | 2024/1/31 22:41:58
  • Xinjiang to become export vanguard, manufacturing hub in China

    Despite Western smears, Xinjiang has entered the fast lane of development. It is possible that Xinjiang will become another manufacturing center in China, constituting an important part of the story of China's manufacturing transformation and upgrading.

    By Hu Weijia | 2024/1/31 21:31:35
  • GT Voice: Vietnam's chip goals call for more cooperation, not geopolitical struggle

    While the US "carrot" of chip assistance dangling in front of Vietnam seems very tempting, if the Southeast Asian nation really wants to develop its semiconductor sector, it needs to first dilute the geopolitical influence on its industrial development as much as possible.

    By Global Times | 2024/1/30 22:05:55
  • China-Australia efforts needed to stabilize lithium sector amid US 'decoupling'

    As a further sign of instability in Australia's lithium market, the country's biggest lithium mine has become the latest to feel the pain of global overcapacity. Amid economic uncertainty, multi-dimensional cooperation between China and Australia is necessary to help stabilize the market.

    By Hu Weijia | 2024/1/30 21:39:27
  • GT Voice: China-Germany trade ties need cooperation, not pessimism

    Even though the global economic slowdown and an ideology-based approach to China policy may introduce some volatility into China-Germany trade relations in the short term, there won't be a fundamental change in the momentum of bilateral economic ties.

    By Global Times | 2024/1/29 22:21:00
  • Japan's economy faces big losses from reported export controls on China

    If Japan were to take similar actions as the US in tightening export controls, which would affect trade with China, it would seriously harm the interests of Japanese businesses and backfire on the Japanese economy.

    By Hu Weijia | 2024/1/29 22:11:18
  • GT Voice: Reviving US manufacturing requires more than subsidies

    The US government is expected to award billions of dollars in subsidies to top semiconductor companies, including Intel and TSMC, in the coming weeks to help build new factories, the Wall Street Journal (WSJ) reported on Saturday. However, even if the report is true, subsidies can only play a limited role in underpinning a renaissance in US manufacturing.

    By Global Times | 2024/1/28 22:04:01
  • A modern financial system set to fortify China's global competitiveness

    Financial strength enables growth. In 2024, China has the financial capacity to accelerate economic growth as Chinese banks are holding a massive pool of savings equal to 288 trillion yuan ($40 trillion) across all types of entities and Chinese households.

    By Wen Sheng | 2024/1/28 19:51:36
  • GT Voice: Xinjiang opening-up vital for cooperation with Central Asia

    With deepening ties between China and Central Asia, Xinjiang has emerged as a key driver in the country's western opening-up and cooperation with neighboring countries.

    By Global Times | 2024/1/25 22:41:35
  • China irreplaceable in production of Apple's long-awaited Vision Pro

    Apple's long-awaited mixed-reality headset, the Vision Pro, is a hot topic in the tech world ahead of its coming debut at the US Apple Store on February 2. Extensive media attention has been drawn to the complex supply chain behind the Vision Pro hardware, with many saying that China's supply chain plays a significant role in its manufacturing. Some industry insiders claim that Chinese mainland companies account for about 60 percent of the supply chain.

    By Hu Weijia | 2024/1/25 22:37:10
  • More industrial investment doesn't mean China exports 'excess capacity'

    China's increasing industrial investment does not equate to "a crisis of overcapacity." Whether China exports advanced production capacity or excess capacity should be determined by the global market, instead of Western politicians and media outlets.

    By Hu Weijia | 2024/1/24 23:38:01
  • GT Voice: Boeing crisis shows danger of US protectionism bubble

    The escalating crisis of Boeing is giving rise to mounting frustration and anger within the aviation industry, as repeated safety problems of the American aviation giant, which highlight its poor quality control, along with regulatory failures and narrow-minded US industrial policies, clearly can't easily be fixed.

    By Global Times | 2024/1/24 23:34:47
  • GT Voice: Despite Blinken's arduous efforts, Africa needs China more

    Despite Washington's emphasis on adjusting its focus on Africa, it seems that US-Africa cooperation may still be a test of whether the US return to Africa can actually yield results or become just more empty talk.

    By Global Times | 2024/1/23 21:40:29
  • Japan should take more responsibility to stabilize economic ties with China

    The reported visit to China by a delegation of senior Japanese business leaders, led by Shindo Kosei, head of the Japan-China Economic Association, comes in time to strengthen communication and coordination in order to stabilize bilateral economic relations. According to Japanese media outlets, this is Japanese business leaders' first visit to China in approximately four years.

    By Hu Weijia | 2024/1/23 21:31:36
  • GT Voice: Restart of cooperation process positive for China-US farm trade

    The latest advances in China-US agricultural cooperation are revitalizing and enhancing bilateral agricultural trade, bringing relief to the US agricultural sector. This development should be valued by both sides.

    By Global Times | 2024/1/22 21:42:05
  • Decoupling from China's battery sector poses risk for US economy

    US lawmakers have reportedly banned the Defense Department from purchasing batteries produced by China's largest manufacturers. Although this restriction has not yet been applied to commercial purchases, an economic decoupling of the Pentagon's supply chain from China has become a matter of concern. There are worries that this anti-market suppression against Chinese battery manufacturers may escalate, resulting in negative consequences for both sides.

    By Hu Weijia | 2024/1/22 20:56:37
  • American pundits predicting China's economic collapse doomed to fail

    American pundits, driven by ideology, have been predicting an imminent collapse of Chinese economy since early this century, but so far, they haven't succeeded as they have underestimated Chinese system's resilience.

    By Wen Sheng | 2024/1/21 23:02:52
  • GT Voice: Chip 'dream' in US proves elusive for Taiwan's TSMC

    There are increasing indications that the US "chip dream" is proving to be a challenging and intricate task, even for the world's largest chipmaker. In light of Washington's predatory practices, it appears that there is limited flexibility. According to The Wall Street Journal on Friday, Taiwan Semiconductor Manufacturing Co (TSMC) said it expected another delay to its second semiconductor plant in the US state of Arizona.

    By Global Times | 2024/1/21 22:54:16
  • Eliminating US coercion is crucial for South Korean semiconductor expansion

    South Korea has recently unveiled its plan to establish what it calls a "semiconductor mega cluster" in southern Seoul by 2047 by promoting a total investment of 622 trillion won ($472 billion) with Samsung Electronics and SK Hynix Inc, Yonhap News Agency reported.

    By Wang Yi | 2024/1/20 11:30:08
  • GT Voice: Infrastructure 'risks' just new version of 'China threat' hype

    It is hardly surprising that European politicians have again resorted to employing the "China threat" narrative to pressure Chinese infrastructure investments in Europe. Their motives appear to be purely political, disregarding the substantial economic benefits that stem from China-EU infrastructure collaboration.

    By Global Times | 2024/1/18 22:36:13
  • Will China's 2024 macroeconomic policies be effective, strong enough?

    Does China need “big stimulus” to support economic rebound? In China, many believe policy easing will continue but “big stimulus” unlikely in 2024.

    By Hu Weijia | 2024/1/18 22:23:06
  • GT Voice: China's manufacturing strength supports optimism of its firms

    Despite the uncertainties caused by climate change, geopolitical conflicts and supply chain restructuring that hit the world economy in 2023, the complex and volatile political and economic situation hasn't shaken the bullishness of Chinese companies, largely due to the growth potential of Chinese manufacturing.

    By Global Times | 2024/1/17 23:14:22
  • Unlimited potential remains to be tapped for trade with Global South

    A widely disseminated online chart comparing China's exports to the Global South and the Global North has offered a new perspective for people to see the ongoing realignment of global trade. For a long time to come, the realignment may continue.

    By Hu Weijia | 2024/1/17 23:09:35
  • GT Voice: India's geopolitical game hurts outlook for Nepal's hydropower

    While electricity trade between India and Nepal appears to give the former a commanding advantage against China in Nepal's hydropower sector, there is also growing concern as to whether India's geopolitical game of edging China out could jeopardize Nepal's power projects and energy supply ambitions.

    By Global Times | 2024/1/16 23:47:39
  • Global trade realignment an opportunity for closer China-ASEAN cooperation

    There has been a lot of discussion about the rise or fall of China-US trade, but less attention has been paid to another important participant in global industry chains - Southeast Asia. A Bloomberg article said Monday that for the first time, China exported more to Southeast Asia in 2023 than to the US. If Bloomberg's report is true, the news can be seen as a new milestone for the realignment of global trade.

    By Hu Weijia | 2024/1/16 23:30:06
  • Foreign chip firms need to make tech upgrades in China plants to win market

    Although calls for a chip manufacturing technology upgrading at SK Hynix's China plant have been heard for years, the process is constantly being interrupted by US restrictions on tech exports to China. SK Hynix has delayed that upgrading for too long. Now, changes should be made.

    By Hu Weijia | 2024/1/15 23:43:53
  • GT Voice: Western smears can't undermine confidence in China's economy

    China's National Bureau of Statistics is due to release the country's GDP data for 2023 on Wednesday. While there seems no doubt about whether China's GDP met the government's annual target in 2023, a new wave of Western speculation about China's "grim" economic prospects has unfolded.

    By Global Times | 2024/1/15 23:40:09
  • GT Voice: Myanmar cease-fire conducive to its economic development

    With China's mediation and effort to drive progress, representatives of Myanmar's military and three armed ethnic groups in northern Myanmar held peace talks in Kunming, capital of Southwest China's Yunnan Province, and reached a formal cease-fire agreement, Chinese Foreign Ministry spokesperson Mao Ning said on Friday.

    By Global Times | 2024/1/15 1:02:43
  • China's 45% NEV penetration by 2027 doesn't sound difficult to realize

    China has announced a fresh target for its fast-growing new-energy vehicle (NEV) industry, with a document from the State Council, China's cabinet, stating that yearly NEV sales will account for 45 percent of the total by 2027. Older internal combustion engine (ICE) buses, cars and trucks will be largely phased out.

    By Wen Sheng | 2024/1/15 0:46:26
  • Expanding intermediate goods trade key for China to enhance trade

    The Central Economic Work Conference at the end of 2023 proposed "accelerating the cultivation of new momentum in foreign trade." Notably, this is the first time the meeting has referenced the expansion of intermediate goods trade, emphasizing it as a priority item.

    By Wei Jianguo | 2024/1/13 19:14:56
  • China could aim for 5% GDP growth in 2024: Yu Yongding

    The GDP growth target set by China at the beginning of 2023 was around 5 percent. With the GDP growth standing at 3 percent in 2022, the 5 percent target is a goal that allows for sufficient flexibility. Based on the currently available economic data, it is already certain that China's GDP growth rate will exceed 5 percent in 2023.

    By Yu Yongding | 2024/1/13 13:37:49
  • Western politicians' 'de-risking' approach toward China is increasingly being proven detrimental

    As more and more evidence suggests that the Western politicians' push for “de-risking” toward China is creating risks to their own economy and the global economy, there are rising voices in the West that call the sugar-coated and vague term as deceptive and misleading, and Western policymakers need to face up to the harm they are causing.

    By Wang Yi | 2024/1/12 17:57:17
  • GT Voice: CES offers glimpse of how Chinese tech goes global

    Even as geopolitical tension remains a risk factor that global industry chains can hardly ignore, Chinese tech companies are making a comeback at this week's 2024 Consumer Electronics Show (CES) in Las Vegas, the US, a reminder that Chinese manufacturing's technological innovation will continue to march toward global markets.

    By Global Times | 2024/1/11 23:54:06
  • Does IC import fall signal increase in China's chip self-sufficiency?

    China's foreign trade in 2023, especially the imports of some key tradable commodities such as integrated circuits (IC), has drawn increasing attention. From January to November last year, China's IC imports fell 12.1 percent in terms of quantity, and that may show that China's dependence on IC imports has declined.

    By Hu Weijia | 2024/1/11 23:47:12
  • GT Voice: China-Maldives ties benefit region, no impact on India

    Maldivian President Mohamed Muizzu's ongoing state visit to China this week has become the focus of international attention, particularly among the Indian public.

    By Global Times | 2024/1/10 22:03:08
  • Synergy in EV sector has potential among China, other developing countries

    China has reportedly overtaken Japan as the world's largest auto exporter, but there are still thorny challenges ahead. A key question is how to hedge against increasing import barriers, tangible or intangible, from the West. Amid fierce competition, can China maintain its position as the world's leading auto exporter for a long time?

    By Hu Weijia | 2024/1/10 21:59:19
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