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Implementing China-US trade deal should be two-way

If China agrees to specific purchases including semiconductor in the phase one trade deal, it will involve companies like Huawei - whether the US allows suppliers to sell devices to Huawei? If the US does not, how could the specific purchases be reached?
Source: Global Times | 2020/1/16 0:13:24

Trump should consider meeting Huawei's Ren at Davos

US President Donald Trump should consider meeting with Ren Zhengfei, founder of Chinese tech giant Huawei Technologies, at the World Economic Forum in Davos next week.
Source: Global Times | 2020/1/15 22:03:40

Wary consumer wallets present biggest risk to chip titan TSMC

Chip titan TSMC looks immune to trade and supply chain disruptions, but not to consumer wallets.
Source: Global Times - Reuters | 2020/1/15 19:23:19

Voices

Personal credit is not a 'super police' that can interfere in people's private lives. It's also not for the purpose of selecting social, moral role models. All credit scores should stay in the field of personal financial credit, and should not go beyond that.
Source: Global Times | 2020/1/15 19:18:40

Trade deal needs follow-up mechanism

The signature of the phase one trade deal between China and the US is significant for three reasons.
Source: Global Times | 2020/1/15 18:52:58

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

The inking of the phase one trade deal between China and US is set to call a truce in the two-year, crippling trade conflict between the world's two largest economies.
Source: Global Times | 2020/1/15 18:09:01

Trade deal with US has profound implications for world

A phased approach to de-escalate the China-US trade conflict has effectively worked, with the signing of a phase one trade deal expected this week. As part of the monumental deal, China will ramp up purchases of US products, notably farm goods and energy, in the foreseeable future.
Source: Global Times | 2020/1/14 22:27:25

VOICES

The global governance system is facing changes, providing China with opportunities. China needs to make a better plan to cope with the rising potential challenges.
Source: Global Times | 2020/1/14 20:18:40

Bank of England governor has reason to ease before he leaves

Mark Carney may leave his successor a timely handover present. Britain's weak economic performance gives the Bank of England governor a reason to cut interest rates at the end of January, before making way for Andrew Bailey in March.
Source: Global Times - Reuters | 2020/1/14 20:13:40

China-US trade deal to bring certainty to business climate: Lenovo CEO

China and the US are poised to sign a phase one trade deal later this week, buoying the global markets. However, the business community broadly remains realistic.
Source: Global Times | 2020/1/14 19:38:40

Expectations for trade deal should be kept realistic

As the Chinese delegation led by Vice Premier Liu He left Beijing for Washington on Monday to sign the phase one agreement later this week, global markets turned their attention to what the highly anticipated deal will bring and where the China-US trade relationship is headed.
Source: Global Times | 2020/1/13 23:17:15

Deep-pocketed Benettons play risky game of chicken in road row

The Benettons are playing a risky game of chicken with Rome. Atlantia, 30 percent-owned by the sweater-to-infrastructure dynasty, is haggling with the government over compensation for the collapse of a bridge in 2018. The dispute could lead to the loss of Atlantia's lucrative concession to run Italy's motorways. A deal, however, looks just about manageable for the 18 billion euro ($20 billion) group.
Source: Global Times | 2020/1/13 19:35:11

Scientific attitude required to define 6G

It was recently reported that a Japanese company has developed a chip based on “sixth-generation” (6G) technology, which is 40 times faster than 5G technology. The news has attracted widespread attention.
Source: Global Times | 2020/1/13 19:18:40

UK's ferocious grocery war will be fought on more than prices

Britain's grocery wars are growing ferocious. Big supermarkets are losing market share to discounters and the biggest of them all, Tesco, said on Thursday that its domestic sales barely rose over Christmas and New Year's holidays. Improving online services and stocking sought-after premium goods may do more to halt the rot than trying to sell products ever more cheaply.
Source: Global Times - Reuters | 2020/1/12 20:28:43

Blended finance to relieve African debt risk

In the beginning of 2020, Chinese State Councilor and Foreign Minister Wang Yi started his visit to Africa – a tradition maintained for 30 years. The move has underscored an ever-stronger China-Africa friendship over time. Amid widespread protectionism and unilateralism, China is a determined supporter of Africa's development.
Source: Global Times | 2020/1/12 20:28:40

Asia must cooperate on energy amid US-Iran tensions

In the wake of the US killing of Iranian major general Qasem Soleimani, there is a view that chaos in the Middle East will put pressure on China to increase energy imports from the US. However, such a view is simplistic.
Source: Global Times | 2020/1/9 22:28:40

India could drag down Asian economies in 2020

Despite the slowdown across all major economies, it is shocking to see the Indian economy faltering at such a faster pace. According to the latest forecast by India's National Statistical Office, the economy is estimated to have grown only 5 percent over 2019-20, slower than the previous year's 6.8 percent and its worst performance in 11 years. More worryingly, a 5 percent growth rate may be just the beginning of a slowdown cycle that can hardly be reversed. Without some "big-bang" measures from the Modi government, the country's economy might see further accelerated decline this year.
Source: Global Times | 2020/1/9 20:13:40

Cash-crunched Aston Martin can only buy time as profit warning announced

Aston Martin Lagonda increasingly resembles the ticking bomb in a James Bond movie. Shares in the 007 carmaker dropped on Tuesday morning after boss Andy Palmer announced another profit warning. Solid sales of a new SUV will be needed merely to meet mounting interest payments and avoid a balance sheet detonation.
Source: Global Times | 2020/1/9 18:28:40