China may further loosen monetary policy to bolster growth
In its first three weeks of open market operations in June, the People's Bank of China (PBC), the country's central bank, has been taking liquidity away from the market. Keeping the benchmark lending rate unchanged, the central bank's monetary "tightening" has upset market expectations of further easing. Investors are concerned that the overall monetary policy in the second half of the year may continue to tighten.
Indian app ban won't affect Chinese tech
India recently banned 59 Chinese apps, further pushing its economic nationalism. Western media reports said that the move may obstruct China's high-tech development, which is quite far-fetched and absurd. The measure won't cast a shadow on the Chinese high-tech sector, nor bring any serious damage to Chinese firms on the list.
Economic decoupling possible if India doesn't calm down
Following the recent deadly border clash, India's overheating nationalism against China has spilled over into economic fields. There is a rising risk of a significant economic decoupling between the two nations if India continues to damage bilateral relations or intentionally causes more border conflicts.
Using SWIFT settlements to threaten China will backfire
As bilateral tensions continue to elevate, the US has been taking up various measures to contain China. Russian media recently reported that the US may even roll out extreme financial blockades to hamstring China and Russia, which could mean excluding the two countries from the US dollar denominated international payment network or SWIFT, a drastic move that will bring huge destruction to the international financial system.
India's Chinese app ban will hurt Indian IT workers and escalate tensions
The recent stand-off between China and India has made headlines around the world, especially since it turned ugly and resulted in unfortunate casualties on both sides. Although calm minds from both should have dominated the waves to de-escalate the situation, we saw a very different trend fueled by a segment of the Indian media. A nationalistic hype is being generated by the mainstream media which has the potential to transform into a nationalistic frenzy. Though unfortunate events occurred at the border, the situation must not be turned into an opportunity for warmongers.
Indian nationalism may sink trade with China over 30%
India's recently accelerating nationalism toward China has spilled to economic areas. That, coupled with the fallout of the deadly COVID-19 pandemic, could cause bilateral trade to plunge more than 30 percent this year.
What factors are holding back economic growth of India?
Major global credit rating agencies Fitch Ratings, S&P Global Ratings and Moody's have all trimmed their sovereign ratings for India to the lowest investment grade. S&P expects the Indian economy to shrink by 5 percent in the current fiscal year. Even as COVID-19 rampages across the country, India has ended its nationwide lockdown, severely troubling its economy.
Washington reactionaries cause world chaos over Huawei
The current US government, clueless on containing a plethora of daunting challenges like the COVID-19 pandemic and race-related violence at home, is ramping up its efforts to assault progressive forces in the world - be it green production to reduce global warming headed by the European Union, or next-generation ultrafast wireless broadband technology led by China's Huawei Technologies.
Canadian exporters should value China market amid pandemic
China has enhanced its inspection and quarantine of imported goods following the latest coronavirus outbreak in Beijing. An investigation at Xinfadi market found that a chopping board for imported salmon tested positive for the virus. With risks surrounding the potential contamination of food emerging, it was reasonable and necessary for China's government to impose stricter inspections to secure the health and safety of the Chinese people.
Confrontation with China 'suicide' for Indian economy
India has recently intensified tensions with China following a fatal border clash. There is a campaign to boycott Chinese products and Indian authorities are reportedly mulling higher trade barriers. These are undoubtedly suicide paths for India's economic development.
India must not let border scuffle fray economic relations with China
The deadly physical scuffle between Indian and Chinese border troops on June 15 was an unfortunate clash and should not be used by politicians and conspiracy theorists, both inside and outside India, to arouse nationalism and hatred toward China - a giant neighbor that India relies on to grow its economy.
Beijing's new infections uptick won't derail economic recovery
A second wave of COVID-19 infections in Beijing has raised concerns about China's economic growth, which has just started gaining momentum. After the city Tuesday announced an upgrade of its virus prevention and control measures to level II, hundreds of flights to and from Beijing are canceled now.
India should curb 'boycott China' voices after border clash
Following a fatal physical clash between Chinese and Indian border defense troops in the Galwan Valley region, some extreme anti-China groups and individuals in India have been promoting a China "boycott."
Deflation, inflation concerns largely unwarranted
China recently revealed its 2.4 percent consumer price index (CPI) and a 3.7 percent decline in its producer price index (PPI) for May, both lower than previous forecasts. Concerns have risen that the CPI in the second half of the year may decline to a range of 1-2 percent, leading to deflation and a prolonged economic recovery.
China will fight back if new US IP bill is used as political tool against Chinese companies: expert
US Democratic Senator Chris Van Hollen and Republican Senator Ben Sasse have introduced a new intellectual property (IP) bill requiring US President Donald Trump to hand in biannual reports that would identify more foreign companies and individuals in possible IP theft cases.
US bid to fan companies out of China bound to hit wall
The Trump administration has been pressing forward an initiative to remove global industrial chains from China - the world's manufacturing powerhouse, in Washington's wicked attempt to inflict harm on China by "decoupling" the two economies in trade and technology.
Fast-track arrangements won't be affected by Beijing's new infections: expert
With a sound prevention and supervision procedure in place, cross-border personnel exchanges such as bilateral fast-track arrangements need not be stopped or suspended in the wake of Beijing's new coronavirus infections.
Will China 'suffer' following recent Vietnam-EU FTA?
Vietnam's National Assembly recently ratified the European Union Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), aiming to eliminate almost 99 percent of customs duties between Vietnam and the EU over the next 10 years.