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Chinese investments grow in ASEAN as economic ties deepen

Despite the deadly novel coronavirus hitting the global economy, China and members of the Association of Southeast Asian Nations (ASEAN) have seen economic exchanges heat up, including surging trade and investment flows, which maintain the momentum for further rosy growth based on deepened bilateral economic ties.
Source: Global Times | 2020/11/11 21:41:13

Globalization can't go back to the past, nor can the US

Discussions over the possible policies of the new US administration have begun rising. Americans are still internationalists at heart, and they don't support isolationist foreign policy, Robert Zoellick, a former World Bank president, wrote in a recent opinion piece.
Source: Global Times | 2020/11/11 21:09:46

Biden entering White House may facilitate WTO's regaining of function

With over 270 Electoral College votes, Democratic presidential candidate Joe Biden was projected to be the winner of the 2020 US presidential election. The relatively multilateralism-inclined politician has draw expectations worldwide that he may reverse Trump's blow for multilateral mechanisms, including World Trade Organization (WTO) and its crucial Appellate Body.
Source: Global Times | 2020/11/10 21:33:20

China's pork consumption set to be double that for the EU, while interest in meat alternatives grows

Despite the impact of COVID-19 and African swine fever, China's appetite for meat is showing no sign of slowing down. The country is the world's largest consumer of meat by some margin, with citizens expected to eat 40.3 million metric tons of pork in 2020, according to the United States Department of Agriculture (USDA).
Source: Global Times | 2020/11/10 17:05:08

Cold-chain traceability to favor industry's sustainable growth

Amid China's firm and effective prevention of the epidemic, continuously emerging positive novel coronavirus tests related to cold-chain imports have alerted Chinese consumers, and raised further requirements for food security from foreign suppliers, including a sound traceability system and stricter inspection.
Source: Global Times | 2020/11/9 21:36:21

India shouldn't rush to exclude Chinese players for 5G roll-out

Indian Home secretary Ajay Kumar Bhalla said that New Delhi was yet to make a decision on whether to allow Chinese telecom companies to participate in the upcoming 5G network construction in India, the Times of India has reported.
Source: Global Times | 2020/11/9 21:16:12

China, US economies are complementary, no place for trade war

The economies of China and the US remain largely complementary and mutually-facilitating. A continuation of the bitter bilateral trade and technology war which was launched by the Trump administration will harm both nations, extensively and deeply. It is time to retract and repeal that reckless and poisonous policy.
Source: Global Times | 2020/11/8 20:59:41

Normal industrial adjustments under 'dual circulation' strategy should be viewed objectively

As China seeks industrial self-reliance, economies including Malaysia, Singapore, Thailand and Chile will face losses due to losing market share in China, Reuters reported, citing a recent report by Euler Hermes, a credit insurance company under Allianz.
Source: Global Times | 2020/11/6 22:59:54

Upcoming SCO summit an opportunity for India to repair economic ties with China

The 20th Meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization (SCO) will be held virtually on Tuesday, and is expected to solidify member states' consensus on coping with regional and global challenges amid the COVID-19 pandemic. It could also serve as a turning point for escalating China-India tensions due to border issue and deteriorating economic and trade relations soured by India's decoupling moves.
Source: Global Times | 2020/11/6 22:58:40

China's 'dual circulation' policy isn't 'turning inward'

Since China rolled out a new development pattern featuring "dual circulation," there have been voices hyping concerns that the Chinese economy is "turning inward," and even interpreting the enhancement of internal circulation as "closing doors" to the global market. These claims are groundless and lack any basic foundation in economics.
Source: Global Times | 2020/11/5 21:52:25

Further trade decline possible if Australia keeps undermining Chinese importers' confidence

Amid reckless efforts to sabotage relations with China, certain Australian politicians have used every opportunity to slander China through politicizing economic activities. Recent setbacks to its exports to China have touched the nerves of these impenitent anti-China forces, including Chinese customs' inspection of the metal content of lobsters imported from Australia, which is a normal clearance step to ensure food security.
Source: Global Times | 2020/11/5 19:23:40

Sweden should stop bullying Chinese tech with 'security' guise

Swedish authorities have announced restrictions on Chinese 5G developers from joining the country's 5G network construction, under the unproven but catch-all guise of "national security" concerns. Such a move, siding with the US' anti-China campaign, will inevitably lead to damage to its economic and trade relations with China and put Swedish firms' businesses in China at risk.
Source: Global Times | 2020/11/3 23:08:12

China's industrial self-reliance will bring new opportunities for Asia-Pacific economies

The "dual circulation" strategy aims to build up an open and inclusive system in which internal and external markets boost and support each other.
Source: Global Times | 2020/11/3 22:43:40

Krach overstates Clean Network initiative claims

Amplifying America's anti-China war cry, several US politicians have been dashing around the world, fabricating facts and creating political gimmicks they think will help their own interests. US Undersecretary of State Keith Krach is just such a politician. Keenly pushing a so-called Clean Network initiative that targets Chinese telecom producers, he claims that the program has successfully strangled the development of Chinese companies.
Source: Global Times | 2020/11/2 22:19:33

HK needs to consolidate position as international financial center

After major economic indicators showed a weak performance for more than one year, the Hong Kong Special Administrative Region's (HKSAR's) exports rebounded the most in nearly two years in September on the back of a recovering Chinese mainland economy.
Source: Global Times | 2020/11/1 23:38:40

China is riding the tide of global innovation and prosperity

The course for the next 15 years of China's economic development has been charted at the CPC Central Committee's 5th plenum which concluded on Thursday. The ruling party hopes to build the country into an economically prosperous and militarily strong country by primarily depending on local indigenous innovations.
Source: Global Times | 2020/11/1 18:47:35

Zambia debt woes expose difficulties in international assistance

Zambia has reached a deal to defer debt repayments that were due this month on a loan from the China Development Bank (CDB), the Reuters reported.
Source: Global Times | 2020/10/29 21:59:24

Impenitent anti-China forces risk Aussie cities' growth opportunity

Despite a spiraling downward bilateral relationship, some anti-China forces in Australia have spared no efforts to keep expanding the ideology-biased hostility into every aspect, even normal city-level communications.
Source: Global Times | 2020/10/29 21:47:44