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Contingency plan needed for BRI amid epidemic

As fears of the novel coronavirus (2019-nCoV) are putting China's overseas investment and engineering projects under great pressure and uncertainties, efforts from both home and abroad are essential to strengthen cooperation and communication to pull through these difficult times.
Source: Global Times | 2020/2/2 22:18:40

Long-term tech rivalry expected despite phase one deal

Despite the signing of the phase one trade deal, US pressure on Chinese technology companies including Huawei has not lifted. The US Commerce Department sent regulations to the Office of Management and Budget that would restrict US companies' sales to Huawei from their overseas facilities, according to a Wall Street Journal report citing people familiar with the matter.
Source: Global Times | 2020/1/22 22:31:55

Increased vigilance needed to prevent spread of Wuhan coronavirus

Anxiety has risen following confirmation that a deadly coronavirus originating in Wuhan, capital of Central China's Hubei Province, can be transmitted human-to-human. People in the city with plans to travel abroad are advised to cancel their trips during the upcoming Spring Festival.
Source: Global Times | 2020/1/22 22:21:44

Rubio errs again in slamming China-US trade deal

Marco Rubio, the US senator behind the anti-China legislation on Xinjiang and Hong Kong, has lately taken another wrong step with his op-ed piece in The New York Times on Friday where he criticized, on unreasonable grounds, the financial services section of the phase one trade deal signed between China and the US.
Source: Global Times | 2020/1/21 23:06:26

Voices

China has made interim progress in preventing and resolving major financial risks. But potential risks may continue to be exposed. We need to form a deeper understanding of the causes.
Source: Global Times | 2020/1/21 20:33:40

Can China copy 'iPhone model' with Tesla?

At the beginning of 2020, co-founder and CEO of Tesla Elon Musk received two gifts: Tesla stocks hit record prices and the company gained the ability to raise low-interest-rate funds. Both gifts were "made in China" benefits.
Source: Global Times | 2020/1/21 20:29:54

China-US competition in digital era

China-US competition in the internet and digital economy era is entirely different from the US' competition with the Soviet Union during the Cold War.
Source: Global Times | 2020/1/21 20:17:13

HDFC hiring for India's best and hardest financial sector job

It might be India's best and hardest financial sector job. HDFC Bank, the $99 billion Indian lender, is gaining market share, defying a widening economic malaise.
Source: Global Times - Reuters | 2020/1/20 22:18:40

Can Davos meeting cool brewing world technology war?

The easing of the trade war does not offer sufficient relief to concerns over a potential China-US technology war.
Source: Global Times | 2020/1/20 21:54:42

BIT not related to phase one trade deal

The China-EU bilateral investment treaty (BIT) negotiations and the China-US phase one trade deal are unrelated.
Source: Global Times | 2020/1/20 21:34:09

Drawing connections between BIT, phase one trade deal makes no sense

It makes no sense to draw connections between the China-EU bilateral investment treaty (BIT) negotiations and the China-US phase one trade deal.
Source: Global Times | 2020/1/19 22:24:02

China needs time to consider impact of trade deal, unlikely to rush into fresh round of talks

With the signing of the phase-one trade deal between China and the US, the 22-month-long tariff escalation is tapering off, which will be a moderate boon to the world economy in 2020. However, seriously disrupted global supply lines are unlikely be repaired anytime soon.
Source: Global Times | 2020/1/19 22:07:48

Spanish lender Santander CEO fiasco exposes banking's fault line

The battle over Santander's CEO has given human shape to banking's fault line. It's a year since Ana Botin, the Spanish lender's chairman, reversed her decision to make UBS executive Andrea Orcel the group's next boss.
Source: Global Times - Reuters | 2020/1/19 19:38:40

What's next after per capita GDP exceeds $10,000?

China's 2019 gross domestic product reached 99.1 trillion yuan ($14.4 trillion), and per capita GDP made a breakthrough, for the first time achieving $10,000. China's per capita GDP is close to the central value of the income range of upper-middle-income countries, and China is a typical middle-income country.
Source: Global Times | 2020/1/19 19:28:40

China-US trade ties return to normalcy; yuan's rise worth watching

The inking of the phase one trade deal between China and US has called a truce in the two-year, crippling trade conflict between the world's two largest economies. The détente will set the pace for lowered tariffs, trade revival and a gradual normalization of the previously disrupted global supply chain - steps that are desired by the global community.
Source: Global Times | 2020/1/16 20:46:57

Voices

China's economic development should focus on solving structural problems in 2020. Tax and fee reductions or interest cuts should be implemented to support specific industries and sectors.
Source: Global Times | 2020/1/16 20:28:40

UK's $13 billion technology scene may already have peaked

London's Old Street gyratory, where Hackney meets the City financial district, has been jammed with traffic for the best part of a year.
Source: Global Times - Reuters | 2020/1/16 20:23:40

Trade deal must be mutually implemented

The phase one trade deal between China and the US is a mutually beneficial agreement.
Source: Global Times | 2020/1/16 20:13:42