Since UK Prime Minister Rishi Sunak's appointment of David Cameron as foreign secretary earlier this month, the future of China-UK economic and trade relations has triggered renewed interest and speculation. Yet, instead of discussing the possibility of going back a decade in time, it may be more practical to look forward to and get the environment ready for future economic and trade cooperation.
By Global Times | 2023/11/29 0:14:34
  • How far is India from becoming a real smartphone manufacturing powerhouse?

    Building a resilient supply chain is a serious challenge India faces as it tries to realize its ambition of making itself a new global factory for smartphone production. Meeting the challenge will require India's wisdom, so as to create conditions for further integrating itself into the world's value chain.

    By Hu Weijia | 2023/11/29 0:09:14
  • Hype over 'decoupling' from Chinese mainland no help to Taiwan's economy

    Less than two weeks after the conference of cross-Straits entrepreneurs summit, where Taiwan entrepreneurs expressed their strong desire to grasp opportunities in the Chinese mainland, some media outlets are seeking new ways to vilify cross-Straits economic cooperation.

    By Hu Weijia | 2023/11/28 1:06:42
  • GT Voice: West can't merely seek climate actions from developing world

    As the 28th session of the Conference of the Parties (COP28) to the UN Framework Convention on Climate Change in Dubai draws closer, Western efforts to exert pressure on others and pass the buck appear to be ramping up.

    By Global Times | 2023/11/28 0:57:40
  • GT Voice: CISCE shows China's support for stable global supply chains

    The first China International Supply Chain Expo (CISCE), the world's first supply chain expo at the national level, is set to be held in Beijing from November 28 to December 2. With the theme of "Connecting the World for a Shared Future," the event reflects China's responsibility as a major manufacturing power in maintaining the stability of global industry and supply chains.

    By Global Times | 2023/11/26 22:58:59
  • Pragmatic, mutually reinforcing economic relationship good for China, US

    It is true that for two heavyweight economies like the US and China, turning their backs on each other should never be an option, and for the sake of sustaining peace and nurturing world growth and prosperity, the two countries ought to establish pragmatic and down-to-earth terms and avoid viewing each other as strategic rivals or adversaries.

    By Wen Sheng | 2023/11/26 21:54:37
  • No need to rush to pessimism about China-Argentina ties as economic cooperation continues to grow

    Looking back at the fact that China has maintained good relations with both left-wing and right-wing governments in Argentina over the past 20 years, there is no need to be overly pessimistic about the future of China-Argentina relations.

    By Mei Xinyu | 2023/11/24 14:04:30
  • GT Voice: Bigger global production role to help Xinjiang defy US ban

    It seems that US scrutiny of imports from Northwest China's Xinjiang Uygur Autonomous Region is still haunting global industry chains. The development adds to the urgency for China to consolidate and expand Xinjiang's manufacturing presence in global production chains.

    By Global Times | 2023/11/23 22:55:37
  • World's focus on crisis at OpenAI shows necessity of stronger global governance

    The leadership crisis that engulfed OpenAI for nearly a week may have settled for the moment with Sam Altman's return as CEO, but the public controversy over the corporate power struggle hasn't diminished, with analysts saying the case may have untold ripple effects for AI development for years to come.

    By Hu Weijia | 2023/11/23 21:48:39
  • Yuan expected to remain stable despite potential impact of Fed's policy maneuvering: experts

    Recent minutes from the Fed's meeting reveal a predisposition among officials to maintain current interest rates throughout the year. With inflation persistently exceeding the 2 percent policy target and the approaching an election year in the US in 2024, the ideal window for any Fed interest rate adjustment might be in December this year.

    By Global Times | 2023/11/23 21:32:46
  • GT Voice: India shouldn't let Australia derail cooperation with China

    It was really clumsy and unnecessary for Australian Deputy Prime Minister and Defense Minister Richard Marles to try to strengthen Australia's ties with India by sowing discord between China and India.

    By Global Times | 2023/11/22 22:55:50
  • CISCE opens window onto resilience of China-US industry chain cooperation

    It's not difficult for US observers and public intellectuals to find that Tesla and Apple are reportedly on the list of companies registered for the first China International Supply Chain Expo (CISCE), which is scheduled to be held from November 28 to December 2 in Beijing.

    By Hu Weijia | 2023/11/22 22:38:41
  • GT Voice: Continuity in trade links will support China-Argentina ties

    After Javier Milei from the far-right Liberty Advances coalition won Argentina's presidential runoff on Sunday, the direction of Argentina's political and economic future has attracted great attention and triggered hot discussion. Amid the uncertainty, with its economy under severe pressure, it would be unwise for Argentina to alienate China economically.

    By Global Times | 2023/11/21 23:20:32
  • Tough rescue of trapped Indian tunnel workers shows need to revise view of China

    The situation of 40 workers trapped in a tunnel collapse in Uttarakhand, a northern Indian state bordering China, has entered its 10th day. After earlier rescue attempts failed, the heart-rending rescue operation finally brought good news.

    By Wang Yi | 2023/11/21 22:22:47
  • GT Voice: Why is China confident of meeting its carbon pledge?

    China is making every effort to integrate its pursuit of carbon goals further into its economic development amid Western questions about whether the country will meet its 2030 carbon pledge. The latest example of such efforts is the coming reboot of its carbon market.

    By Global Times | 2023/11/20 22:25:53
  • Luxshare's reported investment shift shows India hampers its own manufacturing

    Luxshare, one of Apple's largest Chinese component and finished product makers, is shifting its new investment of $330 million to Vietnam from India, where it failed to expand its business after several attempts over nearly three years, according to media reports. Luxshare's significant role in the Apple supply chain has led many Indian media outlets to lament the shift as a loss for India.

    By Wang Yi | 2023/11/20 21:18:28
  • High-tech, economic and policy incentives driving China's efforts to combat pollution, climate change

    Once sitting among the top of the world's list of most polluted cities, Beijing has achieved “a staggering success” in fighting air pollution thanks to the government's resolve to make a big difference by significantly cutting emissions in the city.

    By Wen Sheng | 2023/11/20 15:17:52
  • GT Voice: Western games should not diminish Africa cooperation

    With China-Africa cooperation increasingly flourishing now, it is not hard to see Western opinion regards Africa as a key region in the race with China for geopolitical influence.

    By Global Times | 2023/11/19 21:05:56
  • EU's trade pressure on China to hurt relations, harm European revival

    The European Union (EU) believes ramping up pressure on China is the only way to tackle it trade deficit with the world's second-largest economy, and recently, Karel De Gucht, former European trade commissioner, claimed that the EU is "not hard enough" against China on trade issues, the Financial Times (FT) reported on Sunday.

    By Wang Yi | 2023/11/19 19:36:49
  • APEC economies aspire to expand business with both China and US, do not want new cold war: US scholar

    Economic and trade relations are certainly of great importance in the China-US ties. Despite the tensions and frictions in recent years, US-China trade continues to grow in absolute terms. Aggregate merchandise trade data simply do not tell a "decoupling" story.

    By Global Times | 2023/11/16 20:05:10
  • Promoting high-level financial opening-up while ensuring China's national financial security

    The central financial work conference held in Beijing in October called for accelerating the building of the nation with a strong financial sector, elevating the importance of financial work in China's national economy to an unprecedented level. Financial work has long occupied a significant position in the Chinese economy. Preventing financial risks has also become an important component of the national security strategy.

    By Liu Xiaochun | 2023/11/17 17:51:08
  • GT Voice: Geopolitical factors can't derail China's financial development

    From Washington's ban on US investment in certain sensitive technologies in China, to a US government directive that halted a federal pension fund's plan to invest in Chinese stocks, media reports about internal forces in the US attempting to force a "decoupling" of financial investment between China and the US surface from time to time.

    By Global Times | 2023/11/16 22:37:34
  • Spillover effects resulting from Japan's economic predicament are worth noting

    Concerns about Japan's lagging economic recovery are being exacerbated by the continuous depreciation of the yen, prolonged and uncertain inflation, and the unsatisfactory effectiveness of its economic stimulus plans. The spillover effects of Japan's predicament on the regional economy deserve attention.

    By Wang Yi | 2023/11/16 21:52:35
  • Global telecom equipment vendors face different fates, as tech rivalry grinds on

    China's Huawei Technologies posted revenues of 457 billion yuan ($63.5 billion) during the first nine months this year, which is up 2.4 percent from a year earlier. And, company profit rose by 177 percent in the period to reach 73 billion yuan.

    By Wen Sheng | 2023/11/16 19:57:00
  • GT Voice: Mutual respect crucial for China-US trade relations

    Cooperation should be reciprocal. If Chinese companies cannot enter the US industry chain in a manner consistent with US rules, then on what grounds can US companies demand more access to the Chinese market?

    By Global Times | 2023/11/15 22:42:05
  • IPEF trade initiative is economically meaningless if it fails to benefit participants

    US President Joe Biden's plan to unveil a crucial part of his Indo-Pacific economic strategy as a bargaining chip in relations with China has been derailed by opposition from Congressional Democrats, media reports said on Tuesday. The news came at a sensitive time, as people are focused on San Francisco for the 30th APEC Economic Leaders' Meeting.

    By Hu Weijia | 2023/11/15 22:25:47
  • GT Voice: Path of pragmatism UK's only road to economic improvement

    If the UK government wants to lift its economy out of the current predicament, it means that all of its policies, domestic or foreign, cannot afford any mistake or being carried away by geopolitics again. It needs to identify the importance of pragmatism.

    By Global Times | 2023/11/14 22:36:40
  • Will US be a supporter or troublemaker for economic cooperation within APEC?

    A report unveiled by the regional economic forum Asia-Pacific Economic Cooperation (APEC) on Sunday deserves the serious attention of top US officials, as the study exposes the risks of trade fragmentation, which is opposite to Washington's "de-risking" rhetoric.

    By Hu Weijia | 2023/11/14 22:29:29
  • GT Voice: Overcapacity hype won't halt Chinese firms' moves abroad

    With the transformation and upgrading of Chinese manufacturing, China's new energy industry appears to be mired in new trade tensions in some Western markets, but this will not hinder the high-quality development of Chinese manufacturing.

    By Global Times | 2023/11/13 22:54:03
  • Contradictory mind-set toward Chinese firms to hinder India's EV industry growth

    India is considering a request from Tesla to lower tariffs for imported electric vehicles (EVs), the Financial Times reported on Monday, citing Indian government officials, as the US EV giant explores setting up a plant in the country.

    By Hu Weijia | 2023/11/13 22:26:44
  • GT Voice: Moody's shift in US outlook highlights debt, political polarization

    US House of Representatives Speaker Mike Johnson unveiled a Republican stopgap spending measure on Saturday aimed at averting a federal government shutdown in the coming week, but the proposed measure quickly ran into opposition from lawmakers from both parties in Congress, Reuters reported.

    By Global Times | 2023/11/12 23:21:42
  • Forming exclusive internet clubs is selfish behavior, harmful for world

    Last week, the annual World Internet Conference Wuzhen Summit was held in East China's Zhejiang Province, and China pledged to build a community with a shared future in cyberspace, offering a vision for ushering in a more inclusive and resilient digital world that benefits all people on Earth.

    By Wen Sheng | 2023/11/12 22:56:09
  • GT Voice: Reciprocity, not soybeans, can address China-US trade gap

    China's purchases of soybeans and other agricultural products are always based on its needs, not US demand. If the US wants to improve the trade imbalance, it needs to be more accommodating by removing restrictions on trade of high-tech and high value-added products.

    By Global Times | 2023/11/9 22:42:40
  • Financing Indian firms cannot help US win 'infrastructure competition' with China

    After the US International Development Finance Corp (DFC) announced it will provide $553 million in financing for a Colombo port terminal project, partly owned by India's Adani Group, Western and Indian media interpreted this move as Washington's response to "China's growing influence in the Indian Ocean." If the speculation is true, Washington is likely to be disappointed.

    By Hu Weijia | 2023/11/9 22:33:43
  • GT Voice: US chip curbs drive China's acceptance of domestic tech

    While the US move to block Chinese companies from accessing high-performance AI chips is causing trouble for China's tech sector, the pursuit of alternatives is opening up new opportunities for domestic chips and related applications.

    By Global Times | 2023/11/8 22:41:08
  • With global markets favoring gold over dollar assets, will China buy more bullion?

    The 12-month unbroken stretch of gold buying signals a potential shift in China's asset allocation, favoring gold over dollar assets. It's part of a general trend that global central banks prefer gold over dollar assets to hedge against risks from geopolitical conflicts and an irresponsible US monetary policy.

    By Wang Yi | 2023/11/8 22:37:11
  • GT Voice: Does Ottawa really know what it can get from Washington and what it will lose from China?

    Under growing tensions in China-Canada relations due to a series of incidents, the outperformance of Canada's exports to China is a demonstration of the resilience in China-Canada economic and trade cooperation.

    By Global Times | 2023/11/7 22:18:21
  • Geopolitical games cannot help revive US electric vehicle battery manufacturing

    The anxiety caused by declining US competitiveness has been haunting some politicians in Washington, but they will eventually realize that geopolitical games cannot help revitalize the US manufacturing sector, including the widely watched battery industry.

    By Hu Weijia | 2023/11/7 22:12:43
  • GT Voice: Pragmatic cooperation can quell noise over China-Australia ties

    While there is no doubt that Australian Prime Minister Anthony Albanese's visit to China is a symbolic event for China-Australia economic and trade exchanges, and a time to say goodbye to troublesome uncertainties and start a new chapter, the fact that there is still anti-China noise serves as an important reminder that improving mutual trust will require more efforts and an adherence to pragmatic cooperation.

    By Global Times | 2023/11/6 22:47:01
  • How to seek greatest common denominator between Chinese and EU EV sectors

    Regardless of whether Hungary will become the site for BYD's first car factory in Europe or not, it is believed the Chinese electric vehicle (EV) giant's plan to manufacture EVs locally in Europe is moving forward. China and Europe have broad space for cooperation. Finding a common denominator on the resolution of trade disputes has never been an easy single-choice question, but the two sides seem to have little choice but to finish the test.

    By Hu Weijia | 2023/11/6 22:39:57
  • GT Voice: Opening-up efforts counter groundless Western smears

    Recently, some Western media outlets have been running reports about "foreign capital leaving China" and China's "ongoing crackdown on foreign businesses" under a so-called counter-espionage campaign, which represents a new attempt to smear China's economy. However, it has been proven many times that while some Westerners try to contain China's development and push for "decoupling" from China, it is ultimately the Western rhetoric, not China's economy, that will fail.

    By Global Times | 2023/11/5 22:02:21
  • Protectionist approach is no way to prolong economic dominance of the US

    US Treasury Secretary Janet Yellen, addressing the Asia Society in Washington last week, said that Washington needs a "serious, clear-eyed" economic approach to China, as it seeks to diversify supply chains across its allies in Asia. Though she said her country does not seek to "decouple from China," Yellen admitted that the US would not compromise on its national security actions, including banning exports of advanced semiconductors and manufacturing tools to China.

    By Wen Sheng | 2023/11/5 21:01:37
  • China's local government debt problem needs attentive reforms to resolve

    The recently concluded central financial work conference, held in Beijing from Monday to Tuesday, pledged to construct a strong financial industry in China, through improving financial services tailored for high-tech sector advance and green transformation, ramping up all-around financial supervision covering banks, insurers, funds, futures, equities and bonds, pushing forward financial development with Chinese characteristics and do utmost to prevent systemic risks from disrupting China's growth.

    By Wen Sheng | 2023/11/4 22:50:08
  • India's new 'import management system' a dangerous game for its economy

    Media reports saying Apple, Dell and Lenovo are among companies authorized by India to import laptops and other IT hardware products are not enough to soothe market anxiety. Protectionist measures and other restrictions on exports to India should be 100 percent abolished, creating an enabling environment for fair competition and free trade.

    By Hu Weijia | 2023/11/2 23:09:26
  • GT Voice: Will TikTok ban bring cease-fire in Israeli-Palestinian conflict?

    Calls for banning TikTok have surfaced in Washington again. This time it's not about so-called data security, but about the Israeli-Palestinian conflict. But it is a confusing move, which makes people wonder whether banning TikTok will help resolve the Israeli-Palestinian conflict or cover the truth that the one-sided support of the US for Israel further fueled the tension, causing more humanitarian crisis.

    By Global Times | 2023/11/2 23:05:54
  • China's top financial meeting's stress on financial security and opening-up not contradictory: expert

    China's top financial meeting reaffirms commitment to high-level financial opening. Securing financial and economic security is not contradictory to attracting long-term foreign investment in China.

    By Global Times | 2023/11/2 22:36:25
  • GT Voice: Investment in Mexico shows resilience of China's EV sector

    The trend of Chinese automakers seeing Mexico as a way to enter the American electric vehicle (EV) market is drawing attention and concern among some US media outlets, but this flexibility actually underscores the resilience of the Chinese vehicle industry, despite US protectionism.

    By Global Times | 2023/11/1 23:31:24
  • Development of Xinjiang's manufacturing accelerates despite Western sanctions

    Despite Western smears and malicious crackdowns, Northwest China's Xinjiang Uygur Autonomous Region has entered the fast lane of development, a process through which the relocation of manufacturing industries from eastern coastal regions to western inland areas will be accelerated, making a contribution to China's economic transformation and upgrading.

    By Hu Weijia | 2023/11/1 23:20:28
  • GT Voice: Canada's economy to feel ripples from WeChat ban

    Canada's ban on China's popular instant messaging app WeChat on government-issued mobile devices is typical bullying behavior that over-generalizes the concept of national security, abuses state power and unreasonably suppresses foreign companies, which will undermine market confidence and deal a blow to Canada's economy.

    By Global Times | 2023/10/31 23:01:44
  • Fed faces dilemma as looming financial risks threaten US markets, economy

    As global markets closely watch the monetary policy meeting of the US Federal Reserve (Fed) on Tuesday and Wednesday, US policymakers find themselves facing a dilemma over whether to raise interest rates again. Any inappropriate policy decision could trigger a sudden eruption of financial risks that have accumulated from the aggressive rate hikes aimed at curbing inflation.

    By Wang Yi | 2023/10/31 22:51:57
  • Intensifying crackdowns targeting Chinese companies will backfire on India's economy

    India's intensifying crackdowns targeting Chinese companies confirm the accusation that India is exploiting and making exorbitant profits off foreign companies. Although India has ambitions to replace China at the center of global supply chains, the plot, which coincides with the interests of the US, is doomed to fail.

    By Liu Zongyi | 2023/10/31 20:15:55
  • GT Voice: Will G7 'economic coercion' call-out backfire on Japan?

    G7 may want to geo-politicize China's ban on aquatic product imports from Japan and make the so-called anti-economic coercion a tool to exert pressure on China. However, such behavior cannot achieve the expected results.

    By Global Times | 2023/10/30 23:09:35
  • EU's anti-subsidy probe into Chinese EVs should be subject to oversight

    Despite the EU's unjustified and regrettable anti-subsidy investigation into Chinese electric vehicle (EV) companies, which has sparked strong opposition from the vehicle industry in both China and the EU, Chinese EV brands have maintained a high level of openness and cooperation toward the investigation.

    By Wang Yi | 2023/10/30 21:06:52
  • Removal of restrictions on foreign investment access to China's manufacturing sector is vital to combat 'decoupling'

    The removal of restrictions on foreign investment access to China's manufacturing sector is a crucial step to counter the US' “decoupling.” This also marks a significant milestone for China in assuming a leadership position in promoting free trade worldwide.

    By Mei Xinyu | 2023/10/30 15:13:20
  • GT Voice: Can Loqtorzi improve China-US tech cooperation?

    The US Food and Drug Administration (FDA) has approved the first China-developed cancer drug similar to Merck & Co.'s blockbuster therapy Keytruda, Bloomberg reported on Friday, at a time when recent interactions between China and the US have fueled hopes of a rebound in bilateral relations.

    By Global Times | 2023/10/29 22:07:13
  • Growth, fiscal policies instill positive factors to A-share market despite external uncertainty

    The central government's latest decision to ramp up national debt level by issuing more treasury notes is expected to accelerate economic recovery, which will act as a positive trigger for the capital market.

    By Wen Sheng | 2023/10/29 21:40:46
  • Is the era of JVs in China's vehicle sector coming to an end?

    Mitsubishi Motors' decision to end its auto production in China had triggered debate in the past few days, with some analysts claiming that the era when foreign automakers could earn big money through joint ventures (JVs) with Chinese companies has come to an end.

    By Hu Weijia | 2023/10/26 21:49:11
  • GT Voice: Backlash looms as US ignores Dutch interests to hinder China

    US proves with tightening restrictions that it is willing to do whatever it takes to hinder China's technological development. But that doesn't mean its allies will unconditionally follow such an extreme approach toward China.

    By Global Times | 2023/10/26 21:43:03
  • Facing elevated interest rates abroad, China's equities yearn for more reforms to maintain stability

    After hitting the ebb, the valuations of Chinese equities are now at a comfortable level and look increasingly attractive when compared to developed markets. Beijing's latest decision to ramp up national debt level by issuing more treasury bonds to increase investment on water conservancy and other infrastructure projects throughout the country is expected to reinforce economic recovery, which will also act as a positive factor for the stock market.

    By Wen Sheng | 2023/10/26 16:05:48
  • EU should be more resolute in protecting its companies from US investment interventions

    The EU has told the US it's concerned about the impacts of US restrictions on outbound investments targeting China. Europe should take stronger measures to protect companies from the impact of US investment restrictions.

    By Wang Yi | 2023/10/26 15:37:22
  • California governor's praise of BYD cars adds new elements to China-US competition

    What signal does Newsom's test drive of a BYD car send? Does it mean that China-US competition is easing or that the US side will be friendly toward Chinese companies, instead of maliciously suppressing Chinese enterprises and engaging in vicious competition?

    By Hu Weijia | 2023/10/25 21:53:06
  • GT Voice: Manageable debt risk gives China room for maneuver

    As China's debt pressure is manageable, Chinese policymakers' main focus is how to maintain economic stability and promote high-quality growth. Westerners who exaggerate the debt risks in China should be more concerned about the debt risks in their own countries.

    By Global Times | 2023/10/25 21:48:32
  • GT Voice: US Treasury yield signals economy in 'vicious cycle'

    Investors' demand for record high yield compensation on long-term Treasury bonds could be a sign that the US economy is one step closer to a devastating crisis.

    By Global Times | 2023/10/24 22:26:47
  • Will upcoming CIIE offer chance for new chapter in China-Australia trade?

    While the China-Australia relationship has seen noticeable signs of stabilizing under the joint efforts of both countries, the China International Import Expo (CIIE), a world-class international business platform, presents opportunities for cooperation, adding to hopes that traders in both countries can make up for lost time and elevate bilateral trade to new heights.

    By Hu Weijia | 2023/10/24 22:20:58
  • Inspections of Foxconn reflect determination to safeguard nation's market order

    Inspections of key enterprises of Foxconn reflect Chinese mainland authorities' determination to safeguard market order. Such moves should not be used as a tool to smear the economy and business environment in the mainland.

    By Hu Weijia | 2023/10/23 21:48:02
  • GT Voice: China-GCC synergy crucial for Middle East development

    The fact that the close cooperative relationship between China and GCC countries has not been affected by the Israeli-Palestinian conflict reflects the broad consensus between the two sides.

    By Global Times | 2023/10/23 21:43:56
  • GT Voice: China's graphite export controls reasonable, necessary move

    China announced on Friday that it will impose export controls on certain graphite materials and related products, effective from December 1. In an announcement jointly issued by the Ministry of Commerce (MOFCOM) and the General Administration of Customs, the exports of artificial graphite materials and related products with high purity, high strength and high density, as well as natural flake graphite and its products, will be banned, unless permission is granted.

    By Global Times | 2023/10/22 23:47:01
  • China's third-quarter GDP growth bestows another 'pleasant gift' upon the world

    Despite the naysayers in the US media denigrating China's economy, official data released last week showed China's third-quarter growth came in much stronger than expected, boosting hopes that the world's second-largest economy is almost certain to exceed the yearly growth target of around 5 percent in 2023. The figure proved to be another pleasant surprise for the world. The pundits' rhetoric that China's economic boom of more than 40 years is beginning to lose momentum is untenable and misleading.

    By Wen Sheng | 2023/10/22 23:29:10
  • GT Voice: AI summit a litmus test for UK approach toward China

    China is expected to attend the UK's summit on artificial intelligence (AI) at Bletchley Park in November, the Financial Times reported on Wednesday, citing British and Chinese officials.

    By Global Times | 2023/10/19 22:34:31
  • Trade recovery requires positive efforts, not dangerous rhetoric from Australia

    Economic relations between Australia and China, the former's largest trade partner, are in recovery mode, with Australian wines remaining a focus. Australian Prime Minister Anthony Albanese was quoted by Reuters as saying on Tuesday that he was "very hopeful of a breakthrough" with China over wine tariffs, as a deadline for the publication of a WTO ruling is believed to be imminent.

    By Hu Weijia | 2023/10/19 22:18:11
  • BRI is of historic importance, cherishing cooperation, integration, shared peace and growth

    It's an event of historic importance and significance for more than 20 heads of state and scores of business leaders to gather in Beijing to celebrate the 10th anniversary of the Belt and Road Initiative (BRI). Through promoting the ancient Silk Road spirit of peace, connectivity, cooperation and inclusive growth, the giant initiative is expected to be welcomed in more lands and usher in more tangible results in the coming decade.

    By Wen Sheng | 2023/10/19 17:35:53
  • ASML voices common concerns of global chip industry over US' new export curbs

    The US' new chip curbs will further impact American businesses in the short term and force China to accelerate its independent chip development. This means that some American companies will permanently lose the opportunities they once enjoyed in the Chinese market.

    By Wang Yi | 2023/10/19 15:55:31
  • FTA with Serbia set to open new chapter for China-CEEC cooperation

    China and Serbia signed a free trade agreement (FTA) in Beijing on Tuesday, making the latter the first Central and Eastern European country (CEEC) to sign such an agreement with China. The move, and the demonstration effect it may have on China-CEEC cooperation, will inject more positive factors into local economies, at a time when the world faces an increasingly gloomy and uncertain outlook.

    By Global Times | 2023/10/18 23:12:39
  • GT Voice: Stronger-than-expected growth testifies to China's resilience

    China's economy has generally been on the upswing over the past 40 years, accompanied by the sound of pessimistic voices from the West, which proves that China always has the ability to adjust and get through difficulties after temporary hiccups.

    By Global Times | 2023/10/18 23:06:43
  • GT Voice: Digitalization to become major direction for BRI cooperation

    With continuous technological progress and the acceleration of global digital development, digitalization has become an important force to promote economic growth and social progress. But for various reasons, some developing countries still have not caught up with this trend of development.

    By Global Times | 2023/10/17 22:48:01
  • Viewing sluggish sales of iPhone through geopolitical lens won't help Apple

    Sluggish sales of Apple's new iPhone 15 series can be attributed to its own problems, as it lacks groundbreaking innovations, while at the same time the California-based tech giant is facing increasingly intense competition from Chinese competitors such as Huawei, especially after the launch of the Mate 60 Pro.

    By Hu Weijia | 2023/10/17 22:44:38
  • BRI provides a new model of cooperation that helps address global challenges: Pakistani expert

    The BRI offers a new cooperative model to fuel up economic development. The mutually beneficial cooperation between China and Pakistan under the BRI and the China-Pakistan Economic Corridor (CPEC) has provided Pakistan with important opportunity to deepen cooperation.

    By Global Times | 2023/10/17 21:28:29
  • China ought to expand broader applications of space technology innovations, fend off space challenges

    China is set to ramp up research and development into advanced space technology that will boost the country's economy and national security. The country's lunar mission to bring back the first samples ever collected from the moon's far side is on schedule in 2024, and it is also planning to send Chinese astronauts to the moon by 2030 and build an international lunar research station there.

    By Wen Sheng | 2023/10/17 17:07:33
  • How should Chinese companies respond to the EU's anti-subsidy probe?

    There remain divisions within the EU regarding the anti-subsidy probes against Chinas EVs. Chinese #EV companies should actively respond to #EU' anti-subsidy probe to defend their legitimate rights and interests, while closely communicating with their cooperating partners in EU.

    By Huo Jianguo | 2023/10/17 14:43:58
  • GT Voice: Why is the West keen to politicize China-Russia energy cooperation?

    Although politicians in Washington have highlighted China's trade ties with Russia since the Ukraine crisis, they have no right to pressure China to give up normal economic cooperation that is in accordance with the global trade rules.

    By Global Times | 2023/10/17 2:26:58
  • GT Voice: US chip firms can't endure more limits on China sales

    While US politicians appear determined to continue the strategy of seeking a “decoupling” from China in the high-tech sphere, continuous layoffs by American tech giants clearly show why the export limits on chip sales to China are unsustainable and self-defeating for the US industry.

    By Global Times | 2023/10/15 21:46:24
  • EU should choose cooperation with China, say no to confrontation

    The EU's top diplomat, Josep Borrell, completed a three-day visit to China over the weekend. His delegation also attended the 12th round of the China-EU High-level Strategic Dialogue in Beijing. In an interview with the South China Morning Post prior to his departure, Borrell said that "Europe takes China seriously," and the economic bloc has "no hidden agenda aiming at derailing" Chinese development.

    By Wen Sheng | 2023/10/15 20:57:23
  • GT Voice: Western smears can't conceal economic benefits from BRI

    Neither Europe's political bias nor Western media's demeaning reports can deny or blur the real economic benefits BRI projects have brought to Europe.

    By Global Times | 2023/10/12 22:39:08
  • 'Trust crisis' caused by crackdown on Chinese firms to backfire on Indian economy

    It is ironic that while Indian manufacturers are eagerly awaiting their chance to work with Chinese enterprises, the South Asian country, once a sound investment destination to build an outsourcing base, is facing a crisis of trust caused by its intensified crackdown on Chinese smartphone makers such as Xiaomi and Vivo.

    By Hu Weijia | 2023/10/12 22:04:55
  • Anti-subsidy probes into Chinese steel dangerous zero-sum game for EU's own industry

    Ahead of EU foreign policy chief Josep Borrell's scheduled visit to China, the Financial Times and some Western media outlets reported on Tuesday that the EU is planning to announce anti-subsidy investigations against "steelmakers producing to excess" in countries such as China as part of an agreement with the US to end Trump-era tariffs. The report, although it is yet to be confirmed by the EU, has drawn market attention, partly given its sensitive timing coinciding with Borrell's visit.

    By Global Times | 2023/10/11 22:33:20
  • GT Voice: Who stands to profit from Israeli-Palestinian conflict?

    The fast provision of military aid is another reminder that the US military-industrial complex stands to gain the most again from a Middle East conflict, like it did in Ukraine and other regional instabilities in the past.

    By Global Times | 2023/10/11 22:28:40
  • With well-planned policy support, Chinese economy is picking up pace

    Aided by the government's ever-stronger fiscal and financial measures since the second half of the year, China's economy has regained much of the lost post-pandemic momentum and is projected to have grown by around 4.9 percent in the July-September quarter this year. Even if no more stimulus actions are taken in the fourth quarter, the world's second largest economy is well positioned to achieve the preset yearly target of 5.0 percent in 2023.

    By Wen Sheng | 2023/10/11 15:39:20
  • GT Voice: World should be prepared for sustained high inflation in US

    The outbreak of the Israeli-Palestinian conflict has driven up oil prices again, while a potential oil crisis could risk putting the Fed's inflation fight in jeopardy, adding uncertainties to the global economic recovery.

    By Global Times | 2023/10/10 22:57:22
  • Should Seoul be satisfied with Washington's indefinite waiver for chipmakers?

    The US decision to grant indefinite waivers for Samsung Electronics and SK Hynix to supply US chip equipment to their China factories may be a milestone, but for South Korean chipmakers, this is far from enough. Seoul has to continue its efforts to find survival opportunities for South Korean companies in the high-end semiconductor market.

    By Hu Weijia | 2023/10/10 22:53:26
  • Will the chip industry in the Middle East become a collateral victim of the US' chip hegemony?

    The US' reckless chip hegemonic approaches have had detrimental effects on global chip industrial chain cooperation. Unfortunately, these negative impacts now seem to be reaching the Middle East region. It is crucial that China-Middle East chip industrial cooperation does not fall victim to the ill-intentioned policies of the US.

    By Wang Yi | 2023/10/10 22:25:06
  • GT Voice: US distorts 'debt relief' to thwart IMF reform efforts

    The 2023 annual meetings of the IMF and the World Bank started on Monday in Marrakech, Morocco. Given the global economic challenges, one focus at the annual meetings is the potential reform of the IMF.

    By Global Times | 2023/10/9 22:31:24
  • US, not China, fails to create 'a level playing field' for all companies

    US Senate Majority Leader Chuck Schumer said on Saturday during his trip to China that Washington did not seek to decouple from China, but wanted "reciprocal and fair treatment" for US companies. Schumer called for "a level playing field," but it's the US itself that has set a negative example by suppressing Chinese enterprises and wielding sanctions to provoke a chip war against China.

    By Hu Weijia | 2023/10/9 22:18:00
  • GT Voice: BRI cooperation crucial for development of Middle East

    As the Belt and Road Initiative (BRI) continues to advance, cooperation between China and Saudi Arabia has seen diversified development in addition to traditional energy infrastructure, Chinese media outlet Jiemian reported on Saturday.

    By Global Times | 2023/10/8 21:49:33
  • Anti-subsidy probe can't become 'protective umbrella' for European wind turbines

    Brussels is considering whether to launch an anti-subsidy investigation into China's exports of wind turbines, the Financial Times reported, citing an EU official. If the probe is implemented, it will be the second anti-subsidy investigation launched by the EU into Chinese new-energy products in the short term, after a probe into Chinese electric vehicles (EVs), which was announced on September 13.

    By Hu Weijia | 2023/10/8 21:29:01
  • GT Voice: Australia must do more to build on China trade thaw

    Australian customs data showed that Australia's exports of cotton to China surged to a nine-year high of 61,319 tons in August, Reuters reported on Friday.

    By Global Times | 2023/10/7 21:00:20
  • 'Departure restriction' hype an absurd claim to justify Western 'de-risking' push

    Have foreign executives been cautious about business travel to China due to concerns about being restricted from leaving? Just look at how many well-known Western CEOs have visit China this year despite the US' and some Western countries' "de-risking" rhetoric, people can realize how absurd it is. However, this nonsense that can be easily distinguished has been astonishingly over-hyped by some mainstream Western media, such as the Wall Street Journal.

    By Hu Weijia | 2023/10/7 20:48:16
  • GT Voice: US budget battle no excuse for breaking promises of aid

    With the bipartisan budget battle unresolved, it may seem like a bit of a distraction to bring aid to Pacific island nations and China influence into the discussions. Why is some part of Western public opinion so anxious about aid to the Pacific island nations? The only plausible explanation is the fear that empty promises could cost the US influence in the region when compared with China's economic assistance.

    By Global Times | 2023/10/6 22:29:51
  • Cooperation under BRI helps reshape international economic landscape

    As the Belt and Road Initiative (BRI) celebrates its 10th anniversary in Beijing this month, China and more than 150 partner countries are determined to form ever-stronger economic cooperative relations to make the massive global infrastructure and development project a greater success so that more people in the Global South could benefit.

    By Wen Sheng | 2023/10/6 22:22:37
  • US-India relationship is not as rosy as it seems on the surface

    During the recently concluded G20 summit, the US and India revealed cracks on many international issues, indicating that the US-India relationship is far from being as rosy as it appears.

    By Liu Xiaoxue | 2023/10/2 12:39:57
  • GT Voice: Zero-sum mentality in US won't halt China's tech rise

    Not only in the EV industry, but also in most high-tech and cutting-edge industries, some people in the US possess an extremely unhealthy and unfair zero-sum competition mentality toward China. However, it is evident that this thinking is counterproductive in promoting the development of domestic US industries.

    By Global Times | 2023/9/27 0:20:34
  • 'Asian Games economy' strong enough to resist Western slander

    The successful hosting of the Asian Games in Hangzhou, East China's Zhejiang Province has made a splash, but some Western media outlets, habitually looking at China through a biased lens, maliciously manipulate public opinion by making use of the multi-sport event as a tool to discredit the Chinese economy. However, their hype surrounding a "collapse of China's economy" without a factual basis will eventually fail to take root. The same goes for the "Asian Games economy."

    By Hu Weijia | 2023/9/27 0:11:29