Expert Assessment
Since the India drug regulator's hastened approval of its COVID-19 vaccine over the weekend, market confidence in the South Asian country has clearly been shored up, with some analysts even appearing to be overly optimistic.
By Liu Zongyi | 2021/1/20 19:06:12
MORE
  • Western world's auction of 5G spectrum will cost consumers, telecoms, slow national development

    When carrying out large-scale infrastructure construction, it is a fundamental choice to use it as a cash cow or regard it as a cornerstone in the country's long-term development to rapidly and efficiently setup the network and boosting informationization.

    By Global Times | 2021/1/20 1:12:17
  • G7 leaders should not let geopolitics dominate post-pandemic recovery

    British Prime Minister Boris Johnson has extended an invitation to his Indian counterpart Modi for an expanded online Group of Seven(G7) summit in June, leading some analysis in India that the South Asian country can discuss detailed approach toward China with other Western countries.

    By Qian Feng | 2021/1/19 19:33:39
  • Global market needs to be on alert for possible Biden stimulus

    As Washington DC prepares for a presidential inauguration after the Capitol was ransacked by a mob, the global market is also on higher alert for potential policy shift to be brought about by the incoming Biden administration.

    By Global Times | 2021/1/18 20:14:08
  • Will Latin America lose the next decade due to the pandemic?

    As COVID-19 pandemic continues to rage across the world, not only did Latin American countries fail to protect their economies from the deadly crisis, but the inherent structural problems prevalent across the region have been exacerbated. Political wrangling has not slowed down amid the fight against the virus, and the region's economy has lapsed into a deep recession.

    By Wang Youming | 2021/1/18 19:03:29
  • EU seeking strategic autonomy in digital realm

    Outgoing US President Donald Trump's social media accounts and content have been blocked or restricted by multiple global online media and platforms, including Twitter, Facebook, Google and YouTube, which has aroused doubts around the world. German Chancellor Angela Merkel finds Twitter's decision to ban President Donald Trump's account "problematic," her spokesperson said, showing EU's vigilance toward US internet giants.

    By Global Times | 2021/1/18 2:02:59
  • Joint efforts needed to cut debts faced by developing nations

    The global economy enters 2021 holding both hope and fear - vaccines and new virus variants. With less-developed economies bearing the brunt of the crisis, their debt levels have raised the eyebrows. Since the outbreak, China has ratcheted up efforts to fight the virus together with the developing countries. Now, concerted global efforts are needed to pull the battered poor economies out of the quagmire.

    By Global Times | 2021/1/14 21:02:51
  • Britain's plunging export to China reflects fraught relations with Beijing

    Despite the severe COVID-19 impact on global trade, Chinese customs data showed on Thursday that Chinese trade has delivered marked growth in 2020. While the country has bought more goods and services from other major economies such as ASEAN and EU, its imports from UK dropped 17 percent year-on-year.

    By Wang Yiwei | 2021/1/14 19:53:56
  • New pattern of China's digital economy in 2021

    Although many uncertainties and complexities remain in the way of China's economic growth in 2021, there are multiple areas where relatively steady and high growth can be achieved through efforts. The existing digital economy is one that shows strategic stability, and with appropriate facilitating policies and regulations it will boost the upgrading of China's economic structure with breakthroughs in key technologies and achieving a stable high growth.

    By Global Times | 2021/1/14 18:13:40
  • Blaming Beijing for LNG price hike will only hurt Canberra

    The price of liquefied natural gas (LNG) has surged to record highs in recent tradings, with the weekly spot price assessment settled at an all-time-high price of $21.45 per million British thermal units. While most market analysts are focusing on the underlying market factors including seasonable price movement, a few analysts are seeking to lay the price hike on China.

    By Lin Boqiang | 2021/1/13 20:04:05
  • Investors clobbered by Trump's assault on telecom carriers

    Alongside a flip-flop farce of the New York Stock Exchange regarding delisting three Chinese telecom companies last week, there have been other negative effects borne out of Trump's recent restriction on US capital investing in listed Chinese companies. Like the presidency of Donald Trump, the ruthless clampdown appears to be drawing to an end.

    By Global Times | 2021/1/12 20:11:37
  • Worsening business environment suffocating Indian startups

    With the coronavirus pandemic ripping across the world, 2020 was an extremely tough year for global businesses, especially the startups. India has been particularly hard hit, with venture capital going to local startups dipping 34 percent year-on-year in 2020, dropping from previous year's $14.2 billion to $9.3 billion, according to industrial analysis platform KrASIA.

    By Global Times | 2021/1/11 20:18:50
  • Chinese consumers jittery about imported food, as Spring Festival shopping spree nears

    With the Spring Festival peak shopping season rapidly approaching, Chinese market regulators at different levels of the government are ramping up strict, detailed measures in all links of cold-chain food markets - in particular inspections on imports, so as to lower COVID-19 contamination risks.

    By Li Chunding | 2021/1/11 18:58:16
  • Rocky road ahead for New Delhi's vaccine export campaign

    After a year of novel coronavirus onslaught, the world has entered 2021 with quite a few vaccines available. India, with confirmed COVID-19 cases exceeding 10 million now, is seen rushing into approving two vaccines for emergency usage, including one home-grown candidate which has yet to complete the so-called phase III trials.

    By Global Times | 2021/1/7 20:44:11
  • China's assistance in Africa not to be impacted by US unilateralism

    As the COVID-19 pandemic continues to rage into 2021, Chinese adheres to a 30-year diplomatic tradition - its foreign minister visiting Africa for the first overseas trip for the year.

    By Song Wei | 2021/1/7 18:03:16
  • Trump ban on Chinese apps faces obstacles in becoming reality

    As the US transition of power on January 20 draws near, the outgoing Trump administration has rolled out another anti-China measure with a raft of tough new curbs on Chinese companies.

    By Song Guoyou | 2021/1/7 12:50:10
  • 'Decoupling from China' costly for UK mired in virus, Brexit

    The long-awaited post-Brexit era of the UK has not got off to a smooth start, dipping further down into the coronavirus crisis and a continuously bumpy post-Brexit road may make the pain even worse. Meanwhile, some ideology-skewed British politicians have chosen to turn the country from a European troublemaker into a global one by playing up the so-called decoupling China theory, at a potential cost of a dimmer prospect of its recessionary economy.

    By Global Times | 2021/1/6 20:36:26
  • US withdrawing aid won't dampen China-Sri Lanka ties

    While the global economy is battered by the COVID-19 pandemic, with many developing countries bearing harder brunt, the US government recently announced to withdraw a $480 million aid to Sri Lanka, which could be well received by media as a move by the US unhappy with blossoming economic cooperation between Sri Lanka and China.

    By Global Times | 2021/1/5 20:24:31
  • 'Soy stability plan' not to impact beans imports in 2021

    China has recently announced a plan to secure self-sufficiency in soy production and edible soybeans by increasing acreage throughout 2021 as part of a comprehensive plan to ensure food security.

    By Li Chunding | 2021/1/5 17:53:40
  • Health cooperation, FTAs highlight China-Africa ties

    With the deadly coronavirus still raging globally, the tough 2020 drew to an end and the new year initiated. Chinese State Councilor and Foreign Minister Wang Yi on Monday started his first overseas visit in 2021 to Africa, heralding deepening ties of the two sides in which vaccine cooperation and free trade agreements would be new highlights during the post-pandemic era.

    By Global Times | 2021/1/4 20:17:56
  • China, EU lay the foundation for stronger economies

    With COVID-19 and its mutant variants expected to dominate media headlines in 2021 and continue to shadow the global economy, the recently-concluded China-EU talks on the Comprehensive Agreement on Investment (CAI) are set to enable European and Chinese companies to be aligned closer, cooperate on clearly-defined terms, and shore up a common industrial supply chain and create more jobs for both sides' workers.

    By Wen Sheng | 2021/1/1 13:15:40
  • Wider wealth gap looms, dimming India's economic recovery in 2021

    The COVID-19 pandemic, a once-in-a-century global health crisis, has badly battered the global economy. With relatively better containment measures, Asia's emerging markets appear to be less hit by the outbreak. India, however, may be an exception, expecting economic contractions of more than 10 percent in 2020 and a wider wealth gap dimming its recovery path.

    By Dai Yonghong | 2021/1/1 11:10:26
  • Vaccine accessibility for poor will decide fate for global economy in 2021

    Massive COVID-19 vaccination has started across EU this week. Making the announcement on twitter over the weekend, European Commission President Ursula von der Leyen hailed the near-simultaneous start of vaccinations across the bloc “a touching moment of unity.”

    By Song Wei | 2020/12/30 23:51:49
  • As it impedes Chinese investors, India's dream fades

    After Chinese short-video platform TikTok was banned by New Delhi for six months under the pretense of national security, it seems India, which would hope such actions would boost its domestic industry, has encountered lapses while Western capital has taken the advantage by grabbing market shares there.

    By Global Times | 2020/12/29 21:33:51
  • China's promotion of transnational water development benefits riparian states

    Upholding a paranoid and ill-intended mindset, some foreign politicians and scholars have recently tried to re-hyping up the so-called China hydro-hegemony theory, following media reports about a hydropower development plan on the lower reach of Yarlung Zangbo River. The absurd theory vilifies China's cooperative promotion of cross-border water resource development which has been bringing in tangible benefits to riparian states.

    By Global Times | 2020/12/29 12:38:40
  • It's too early for New Delhi to talk about India's economic comeback

    The Reserve Bank of India (RBI) recently forecasted that the latest economic activity indicators suggest the real GDP growth of the South Asian country will go back to positive territory in the October-to-December quarter by edging up a slender 0.1 percent.

    By Tian Guangqiang | 2020/12/28 19:08:38
  • Australian businesses need China; hope bilateral ties reset

    It's been a bumpy year for China-Australian bilateral relations in 2020 on the diplomatic front. How will the intensifying tensions affect economic and trade ties between the two countries? How do Australian firms evaluate the Chinese market at the moment and in the future? The Global Times (GT) recently conducted an exclusive interview with Nick Coyle, CEO of China-Australia Chamber of Commerce (AustCham China) to share insights on the topic.

    By Global Times | 2020/12/24 22:03:39
  • EU shouldn't allow US to interfere in investment pact talks with China

    As China and EU are approaching the conclusion of talks relating to the high-level Comprehensive Agreement on Investment (CAI), the Biden team is trying to slow down the EU.

    By Wang Yiwei | 2020/12/24 19:24:16
  • Soybean shipments to China surging, good for Biden administration

    China, the world's top soybean importer, has seen sharp surge in soybean imports this year, with total imports approaching 100 million tons over the first 11 months. The whole year soybean imports will likely to hit a record high, according to industry insiders.

    By Li Chunding | 2020/12/23 20:32:55
  • EU, China nearing a BIT pact, driving US to reflect on unilateralism

    As China, EU officials work overtime toward their set goal to concluding negotiations on China-EU Bilateral Investment Treaty before this year ends, recent events have shown a steady flow of encouraging news.

    By Cui Hongjian | 2020/12/22 20:14:03
  • Return of Boeing 737 Max to China dependent on safety, not political considerations

    As Boeing 737 Max has got the nod from the Federal Aviation Administration to fly again, when the airplane could return to China's airspace is under the spotlight, especially against the backdrop of rising China-US tensions. As the first regulator to halt the flying of the problematic plane, the Civil Aviation Administration of China (CAAC) made the decision based on its responsibility to ensure the safety of China's flying public.

    By Global Times | 2020/12/21 19:50:07
  • India slinging dirt on China with cyber hack accusation is foolish

    In a recent report, Indian cyber security think tank the CyberPeace Foundation claims that millions of Indian e-commerce customers have been targeted by "Chinese hackers" during Indian festive months of October and November.

    By Liu Zongyi | 2020/12/21 18:09:00
  • Security review rules escort high-level opening-up; foreign capital enjoys rosy future in China

    In accordance with China's long-standing opening-up policy, the country on Saturday unveiled new measures on the review of foreign investment affecting national security. While actively promoting and protecting foreign investment, the measures aim to effectively prevent and defuse national security risks to safeguard China's opening-up to a higher level.

    By Global Times | 2020/12/21 10:58:35
  • New Delhi cannot afford to play geopolitical games

    Besieged with a raging coronavirus pandemic and growing social contradiction, India's penchant for playing geopolitical games isn't doing the country any good. Recently New Delhi announced measures to tighten telecom gear controls, which has been widely believed as targeting major Chinese suppliers including Huawei and ZTE.

    By Dai Yonghong | 2020/12/17 21:23:40
  • Climate change a must-cooperate field for US, China

    While a difficult 2020 drawing to a close, China and the US is expected to enter a new phase of benign relations with rising possibility to resume cooperation. Facing common global challenges, coping with climate change and promoting green economy could be an area the world's two largest economies start to partner on, which will benefit both sides and the whole world.

    By Global Times | 2020/12/16 20:53:40
  • Complacence over ore prices lays bare Aussie short-sightedness

    As the prices of Australia's major export commodity, iron ore, have shot up of late, some local economists and politicians declare that the economic loss stemming from a severely strained relationship with China has been offset. The country has clearly lost sight of the growing risks that its iron ore industry is facing from Canberra's reckless political schemes and the ongoing global industrial upgrading.

    By Global Times | 2020/12/15 20:16:09
  • Five Eyes alliance plotting against China will backfire on themselves

    With Australian exporters suffering from mounting pressure amid increasingly fraying relations with China, the Five Eyes Alliance still refuses to de-escalate the tensions.

    By Global Times | 2020/12/14 20:48:40
  • China ought to set a growth rate of at least 7.5% in 2021

    Economic planning has always played a pivotal role in presetting and helping realize China's annual goals in GDP growth, infrastructure and public service investment, inflation control and the central bank's credit supply level. For 2021, the policymakers, while ascertaining the country to be able to attain a growth rate of at least 7.5 percent, need to pay higher attention to addressing challenges such as the technology bottleneck, social inequality and carbon emissions.

    By Wen Sheng | 2020/12/13 16:08:40
  • Offensive or not, Biden's trade policy would be more risk-predictable

    The US President-elect Joe Biden is forming his new team to lead the world's largest economy as his presidency inauguration ceremony in January draws nearer. On the list, Katherine Tai is reportedly set to be nominated as the US Trade Representative. She is known for her expertise on China and advocating for "offensive elements" in dealing with China. Offensive or not, the Biden Administration's trade policy is likely to revert to a more controllable path with predictable risks.

    By Global Times | 2020/12/10 22:07:58
  • Anti-China moves will bring more pain to Australian economy

    Blind to all possible consequences, Canberra seems intent on maximizing friction with Beijing at the expense of Australian businesses and consumers. By passing a law to empower the Morrison government to veto foreign agreements signed by local governments, which is widely regarded as a move targeting the Australian state of Victoria's agreement with China under the Belt and Road Initiative (BRI) framework, Morrison, unsurprisingly, may deteriorate China-Australia relations even further.

    By Qian Feng | 2020/12/9 21:27:53
  • Economic policy talks could herald next stage in China-US relations

    The year of 2020 has been marked by the COVID-19 pandemic and global economic recession, but as it comes to a close there could be a new era for bilateral relations between the world's two largest economies, with US President-elect Joe Biden set to enter the White House in January 2021.

    By Global Times | 2020/12/9 10:48:40
  • Economic decoupling of US, China is doomed to hurt both nations

    For some time, the Trump administration has tried hard to promote the "decoupling" of Chinese and US economies, disrupting normal economic cooperation between the two nations. As the transition of power in the US continues, many people wonder that whether the incoming Joe Biden administration will maintain Trump's decoupling strategy?

    By Yu Fengzhu and Yu Xin | 2020/12/8 20:37:34
  • Is the gap between US, Chinese internet service companies narrowing?

    A major transition the coronavirus pandemic has brought to the world in 2020 is "to go online." While transforming people's lifestyle, the shift also affects the growth curves of economies and businesses, particularly internet companies.

    By Gao Rui | 2020/12/8 15:07:56
  • China vaccine cooperation pivotal for ASEAN economies

    As Indonesia received its first batch of a COVID-19 vaccine from China, the promotion of pandemic containment cooperation is set to pave way for a faster economic rebound for the country, and to enhance trust and build cozier regional partnerships.

    By Global Times | 2020/12/7 20:39:42
  • UK index firm follows White House; financial 'cold war' will backfire

    UK-based index provider FTSE Russell announced the removal of shares of eight Chinese firms which have been blacklisted by the White House. Market concerns have been raised that it may signal a financial cold war as some financial institutions follow the Trump-led US authority to irrationally politicize economic or financial operations.

    By Global Times | 2020/12/7 10:48:40
  • Tough-on-China hype won't secure winter protection for Indian border troops

    As the border standoff between China and India drags on into the harsh winter, there has been no shortage of media reports about the predicament faced by the Indian side, such as insufficient funds and technology support for border troops amid the coronavirus crisis.

    By Liu Xiaoxue | 2020/12/4 0:32:15
  • Washington should embrace free trade, multilateralism

    With US President-elect Joe Biden entering the White House in January, his intended approach in readjusting the US' foreign trade policy is put under the spotlight. A top adviser for Biden warned that the US should reflect on the recently concluded Regional Comprehensive Economic Partnership (RCEP) and China's interest in joining Comprehensive Progressive Trans-Pacific Partnership (CPTPP), signaling a possible choice for Washington to rejoin the regional trade pact which Trump ditched four years ago.

    By Global Times | 2020/12/3 21:02:26
  • Stay vigilant about US weaponizing SWIFT

    The system known as SWIFT, the US dollar denominated international payment network controlling 80 percent of the world's cross-border payment and information exchange among financial institutions, has played an important role in continued US efforts to interfere with the region.

    By Liu Zhiqin | 2020/12/3 15:25:32
  • EU should remain independent from US-China rivalry

    The EU recently signaled its increasing desire to bond with the US as President-elect Joe Biden prepares to enter the White House. In order to gain strategic autonomy and raise its voice in the international community, Brussels hopes to get Washington on board by hyping the so-called "China challenge," despite the structural contradictions between the two sides.

    By Global Times | 2020/12/2 22:06:16
  • Multilateral approach in line with Biden's economic plan

    In line with media predictions, US President-elect Joe Biden announced his new economic team with former Federal Reserve chairwoman Janet Yellen being officially nominated as secretary of Treasury. With the highly principled and pro-market Yellen leading Biden's economic response to the COVID-19 pandemic, the US market expect an enhancement of confidence amid the pandemic crisis.

    By Global Times | 2020/12/1 20:34:30
  • India must give up zero-sum mentality, accept China's hydropower project

    China's plan to build a large hydropower project on the Yarlung Zangbo River has raised concerns in India over "potential political and ecological threats" as the river intersects Southwest China, India and Bangladesh.

    By Liu Zongyi | 2020/12/1 17:00:26
  • Canberra's effort to bet on both sides will hurt own industries

    After sparing no effort to drag its relationship with China down to a historical low, Australia recently showed a sudden turn, expressing its intention to mend bilateral ties, but in a way seeming to bet on both sides – making “sweet talk” while also exerting pressure on China. It won't work, and it may make Australian industries suffer more.

    By Global Times | 2020/12/1 10:59:27
  • What the Canadian government did wrong in Huawei CFO's case?

    It's been two years since Meng Wanzhou was arbitrarily taken into custody in Canada on December 1, 2018. While her early and safe return to China has been very much on the minds of her fellow Chinese, there have also been growing calls for Meng's release in Canada from fair-minded members of parliament, former ministers, retired diplomats, judges and lawyers - all adding their voices to the plea for justice and reason.

    By Jia Dao | 2020/11/30 21:08:29
  • Expanding the 'Nanning Channel,' China and ASEAN jointly promote regional economic recovery

    The 17th China-ASEAN Expo and China-ASEAN Business and Investment Summit opened on Friday in Nanning, South China's Guangxi Zhuang Autonomous Region.

    By Ge Hongliang | 2020/11/30 15:03:44
  • UK undermines trust with China, may ruin FTA talks

    As the due date of leaving the EU draws near, the UK recently signaled an intention to reset its diplomatic relations, including with China. The UK seems inclined to take a more aggressive path towards China at a cost of obstructing a free trade agreement talks with the world's second largest economy, among others.

    By Global Times | 2020/11/26 20:52:57
  • Is Australia finally adjusting its attitude toward China?

    Australian Prime Minister Scott Morrison said at a virtual meeting of a British think-tank on Monday that Australia is pleased to see China's rise and hasn't done anything to contain its economy rise of China, but Canberra's actions were misinterpreted.

    By Chen Hong | 2020/11/26 20:11:14
  • ASEAN, China economic partnership will sustain US' deliberate sabotage

    US National Security Adviser Robert O'Brien concluded visits to the Philippines and Vietnam a few days ago, which follows US Secretary of State Mike Pompeo's visit to Vietnam at the end of last month.

    By Huo Jianguo | 2020/11/26 17:46:42
  • Yuan keeps appreciating, buoyed by China's robust economy

    China's currency, yuan, has continuously strengthened since June alongside the rapid recovery of China's economy. This appreciation trend has, however, had limited impact as Chinese exports remain resilient in the past months, and the nation's domestic market has shown rosy prospects guided by the new growth strategy known as "dual circulation".

    By Global Times | 2020/11/25 20:48:41
  • UK economy is hollowed out; Brexit will add more wounds

    While struggling with Brexit and the deadly novel coronavirus, the UK economy is facing a daunting challenge, including its industrial hollowing-out and lagging development in emerging high-tech industries, which all need massive and long-term investment, instead of playing geopolitical games.

    By Global Times | 2020/11/24 20:18:40
  • G20 faces rising challenges as how to manage globalism, development

    Against the backdrop of the COVID-19 pandemic and a global recession, Saudi Arabia hosted the G20 summit virtually over the weekend. How to deal with the pandemic and achieve economic recovery was the key topic of the summit.

    By Zhang Guihong | 2020/11/24 17:59:52
  • State Council poised to dial up regulation of corporate defaults

    The 43rd meeting of the State Council Financial Stability and Development Committee was held on Saturday, according to a report published by gov.cn, the official website of the Chinese government. The meeting has sent a clear signal: the country will dial up regulation of the corporate bond market in order to safeguard the stability of the money market.

    By Wang Yanhang | 2020/11/24 15:03:34
  • India isolates itself from regional growth opportunities

    Among India's trade partners that have seen slumping shipments to the South Asian country, China showed a relatively resilient pace, with its share increasing in India's total imports during recent months despite the COVID-19 pandemic and India's constant undermining of bilateral ties.

    By Global Times | 2020/11/23 21:50:46
  • China-Africa cooperation should be carried out under 'dual circulation'

    This year marks the 20 year anniversary of the founding of the Forum of China-Africa Cooperation (FOCAC). Since the first forum was held in 2000, I had the opportunity to participate in the relevant work of several events. I witnessed the forum grow and gain the world's attention.

    By Wei Jianguo | 2020/11/19 22:30:09
  • China-EU cooperation benefits both, needs mutual efforts

    While certain politicians from the EU are grumbling about potential influence from the freshly signed Regional Comprehensive Economic Partnership (RCEP), multinationals have shown a clear path they picked to pursue a rosy future by betting on the Chinese market.

    By Wang Yiwei | 2020/11/19 22:21:50
  • Biden's intention to 'write trade rules' won't dampen RCEP

    The signing of the Regional Comprehensive Economic Partnership (RCEP) by 15 Asia-Pacific countries has sparked concerns among US-led Western world of losing dominance in global trade system. From media to politicians, there are voices suggesting to contain potential influence of the fresh trade deal.

    By Global Times | 2020/11/19 18:28:42
  • China-Japan-SK FTA to speed up with RCEP push

    In the wake of the successful signing of the world's largest trade deal - Regional Comprehensive Economic Partnership (RCEP) that encompasses a third of the global economy, a higher level trilateral free trade agreement(FTA) among China, Japan and South Korea is likely to be reached sooner than expected.

    By Global Times | 2020/11/18 19:35:24
  • G20 summit an opportunity to reach consensus on global vaccine cooperation

    The world has been badly hit by the COVID-19 pandemic for nearly a year, bringing an urgent need for global cooperation on virus containment as well as economic recovery. With the upcoming virtual G20 Summit scheduled to start at the weekend, multiple hot topics including cooperation on vaccines have drawn wide expectations.

    By Global Times | 2020/11/18 13:41:12
  • Where is the US-China economic decoupling heading?

    The US-China trade war is not really about trade; it's about technology transfer and decoupling.

    By Global Times | 2020/11/17 22:00:46
  • Peaceful transition by Trump important for US economy

    With little over two months left in the White House, US President Donald Trump - who stands little chance of turning the tide and has seemingly no intention of submitting to a peaceful transfer of power - is reportedly planning to continue with his tough anti-China policies.

    By Global Times | 2020/11/16 22:34:12
  • Indo-Pacific strategy upholder India misses the bus of RCEP and long-term growth

    The signing of the Regional Comprehensive Economic Partnership (RCEP), which covers 15 countries and 30 percent of the global economy, undoubtedly offers a driving force for the involved economies to regain growth momentum to struggle out of the COVID-19 mire and win advantages during the post-pandemic era.

    By Qian Feng | 2020/11/15 23:28:32
  • China-Mozambique cooperation yields numerous benefits

    Despite extreme weather and the novel coronavirus epidemic, China and Mozambique's bilateral cooperation under the Belt and Road Initiative (BRI) has deepened, stabilizing Mozambique's economic situation, strengthening Mozambique's economic resilience and boosting market confidence.

    By Wang Hejun | 2020/11/12 22:31:30
  • Australia should take concrete steps to mend China relations

    It's hoped that Australia can continue to pursue an independent and friendly policy toward China and take concrete actions to repair bilateral relations.

    By Liu Qing | 2020/11/12 21:13:40
  • 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.

    By 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.

    By Chen Fengying | 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.

    By 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).

    By Nelson Low | 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.

    By 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.

    By Liu Xiaoxue | 2020/11/9 21:16:12
  • 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.

    By Wang Yuanfeng | 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.

    By 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.

    By 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.

    By 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.

    By Ma Jihua | 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.

    By Wei Jianguo | 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.

    By 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.

    By Wu Youmin | 2020/11/1 23:38:40
  • 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.

    By Song Wei | 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.

    By Qian Feng | 2020/10/29 21:47:44
  • Goldman Sachs' involvement in 1MDB scandal is a warning for financial sector

    Goldman Sachs recently agreed to pay more than $2.9 billion to regulators around the world to resolve probes into its central role in the 1Malaysia Development Berhad (1MDB) debacle, CNBC reported.

    By Wang Yanhang | 2020/10/29 19:57:04
  • Rubio threat cannot overcome bright future of Chinese firms

    The US Republican Senator Marco Rubio has upped his attacks on Chinese firms, trying to cut ties from the US capital market of certain Chinese companies. This cold war mentality shared by some US politicians goes against market principles and is doomed to fail in the long run.

    By Global Times | 2020/10/28 21:57:22
  • As Abe steps down, did Abenomics succeed?

    Former Prime Minister Shinzo Abe's resignation could significantly alter Japan's economic policies. When Abe took the reins in December 2012, the economy was beset by three intertwined problems: large annual budget deficits; persistent deflation, which made reducing debt ratios nearly impossible; and weak economic growth since Japan's equity and real estate bubbles popped in the early 1990s.

    By Erik Norland | 2020/10/28 15:17:23
  • Discrediting China-Africa cooperation won't succeed

    The African country of Zambia recently sought debt restructuring against the backdrop of the COVID-19 pandemic sweeping the world, while some Western media and politicians again tried to hype some developing countries' debt problems and defame China's efforts to strengthen cooperation with Africa.

    By Global Times | 2020/10/28 13:08:40
  • Dual-circulation strategy becomes new road map of growth

    The fifth plenary session of the 19th Communist Party of China (CPC) Central Committee, which began on Monday in Beijing, has attracted global attention.

    By Wei Jianguo | 2020/10/27 19:47:56
  • Minor resurgence of virus won't affect nation's recovery

    As winter draws near, concerns are rising that the risk of COVID-19 resurgence may undermine China's prospects for a hard-won economic recovery, especially after Kashi in Northwest China's Xinjiang Uygur Autonomous Region recently reported an outbreak that medical experts suggest may have connection with the cold weather.

    By Global Times | 2020/10/26 21:11:34
  • Will the pandemic spell the end of US dollar's dominance?

    The US dollar has maintained international payment dominance for decades. To this day, the dollar remains the primary global reserve currency, and plays a prominent role in global trade and financial flows.

    By Global Times | 2020/10/26 16:41:44
  • US' final presidential debate shouldn't strangle possibility of China-US cooperation in COVID-19 fight

    The second and final presidential debate before the 2020 US election, between Republican President Donald Trump and Democratic challenger Joe Biden, will be held on Thursday night US time. The first debate was so "hostile" and "chaotic" that the mute button introduced by the debate commission has become a hot subject for media outlets on the eve of the debate.

    By Global Times | 2020/10/22 22:13:41
  • Targeted rules for foreign capital expected in new 5-year plan

    Against the backdrop of an increasingly complex global environment, the upcoming launch of China's 14th Five-Year Plan (2021-25) has drawn extensive attention. Among a series of expected highlights, more targeted and sound policies to attract foreign capital are expected, especially when China has committed to deepen reform and opening-up, and foreign capital has a golden opportunity to grow amid China's improving business environment.

    By Global Times | 2020/10/22 21:42:49
  • Indian economy to suffer losses if politicians play Taiwan card

    Taiwan is an inalienable part of China's territory, and India, as a country having diplomatic relations with China, should be aware that playing Taiwan card to challenge China's red line will have severe consequences.

    By Global Times | 2020/10/21 22:13:11
  • China's export control law provides legal guarantees for fair trade principle

    China has passed the Export Control Law of the People's Republic of China on Saturday. The law, which will take effect on December 1, stated that if any country or region abuses export control measures to endanger China's national security and interests, China can take reciprocal measures based on actual conditions.

    By Song Wei | 2020/10/21 21:25:20
  • More Chinese investors abandon hopes for Indian market as restrictions rise

    Indian Prime Minister Narendra Modi welcomed Canadian investors with open arms at an investment promotion conference in Canada earlier this month. While New Delhi is trying to attract more investors from economies like Canada and the EU, it has not reduced its resistance to Chinese investments.

    By Liu Xiaoxue | 2020/10/20 22:41:51
MORE