Expert Assessment
Amid a new wave of COVID-19 resurgence across the world, daily confirmed cases in India have hit records in the past week. Indian authorities reportedly halted vaccine exports in order to speed up inoculation at home, which, from another perspective, offers a lesson for some Indian politicians who have been hyping “vaccine diplomacy” that vaccine export should not be politicized.
By Dai Yonghong | 2021/4/11 20:02:22
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  • Surging coronavirus variants continue to shadow economies

    Like Washington, politicians in New Delhi have fiercely advocated against another national lockdown for fear of maiming Indian economy.

    By Wen Sheng | 2021/4/11 15:31:30
  • Competing with China a farfetched guise for US' infrastructure plan

    As the US government unveils a $2 trillion infrastructure plan, President Joe Biden said that the US must put itself “in a position to win the global competition with China.” At a press briefing on Sunday, a White House spokesperson again stressed the importance of competing with China, saying it had support from both parties and the American people.

    By Global Times | 2021/4/8 21:28:40
  • Worn 'debt-trap diplomacy' cliché heading toward its end

    Western anti-China think tanks have recently cooked up another piece of work for their relentless smear campaign against China's investments and assistance to developing countries in Asia, Africa, Latin America and others.

    By Wang Youming | 2021/4/8 20:20:43
  • India's crackdown on ByteDance sends a chill among foreign firms

    After illegally freezing the bank accounts of Chinese tech giant ByteDance, an Indian court on Tuesday reportedly asked the company to deposit $11 million for alleged tax evasion. ByteDance denied the allegation in court, saying the freeze amounted to harassment and it does not owe any tax.

    By Qian Feng | 2021/4/7 20:13:39
  • China, S.Korea offer model for cooperation amid US bid to sow discord

    As the world seems to be facing an increasingly bumpy recovery road amid uncertain geopolitical environment, China and South Korea, which effectively handled the COVID-19 pandemic, have been ratcheting up efforts to form closer bilateral ties and expand cooperation in the post-pandemic recovery.

    By Global Times | 2021/4/7 20:03:39
  • Japan should value its beneficial economic ties with China

    Chinese State Councilor and Foreign Minister Wang Yi has sent a message of great importance to his Japanese counterpart ahead of a US-Japan summit next week: China and Japan should stay out so-called great power rivalry game and value a hard-won economic development of the two Asian nations.

    By Yang Bojiang | 2021/4/6 21:38:39
  • India's reported blocking of ByteDance's accounts would be robbery

    China-based technology company Bytedance, following its video-sharing platform TikTok being banned last June, has reportedly encountered a new round of crackdown in India, with at least two of its bank accounts being blocked for alleged tax evasion.

    By Global Times | 2021/3/31 20:43:40
  • Decline in China's lending to Africa doesn't tell full picture of cooperation

    According to China's 2021 White Paper on International Development Cooperation published in January, China has steadily increased the scale and further expanded the scope of its foreign aid, giving high priority to the least developed countries in Africa.

    By Song Wei | 2021/3/31 20:43:39
  • Hostile rhetoric will further hurt Australian trade

    After due investigation and deliberation, China formally announced anti-dumping tariffs on imported Australian wines with the righteous purpose to protect the local wine industry and ensure fair business competition. Instead of taking substantive measures to make changes to its relevant policies and practices, officials in Canberra started a new round of rhetoric of hostilities toward China, further ratcheting up tensions by weaponizing trade issues.

    By Chen Hong | 2021/3/30 22:10:44
  • Mutually beneficial China-EU investment deal won't fall apart

    The European Parliament recently canceled a review meeting for the China-EU Comprehensive Agreement on Investment (CAI), raising deep concerns among the business community. Questions were raised about whether the deal could be eventually passed at a time when the US, the EU, Japan and Australia appear to be joining hands to contain China. Will the historical deal come to an end just like that, after 35 rounds of negotiations over 7 years? The answer, in my opinion, is no.

    By Global Times | 2021/3/30 20:43:39
  • China-Iran deal shows US suppression won't deter win-win cooperation

    China and Iran have recently signed a major 25-year agreement to enhance comprehensive cooperation in fields such as trade. Given its great scale and implications, the agreement has attracted widespread attention from many Western media outlets, with some already warning China's rising “influence” in the Middle East.

    By Qian Feng | 2021/3/29 22:27:06
  • Sanctions against UK politicians, organizations have teeth

    China has announced sanctioning measures against nine diehard British individuals and four hawkish organizations over the weekend to fight back their malicious fabrication and spread of "disinformation and lies" to attack the human rights in northwestern China's Xinjiang Uygur Autonomous Region.

    By Wen Sheng | 2021/3/28 16:07:56
  • New rules may force Chinese stocks to ditch the politicized US financial market

    The top US securities regulator recently adopted a politicized measure which widely believed to be a move targeting Chinese firms listing on the US stock market. As the nation signals no intention to redress its hegemonic approaches to confront China in near term, it might be time for some Chinese firms to ditch the politicized American financial market, returning back home or seeking new financial cooperation outside of the imperious US.

    By Global Times | 2021/3/25 21:13:40
  • Climate change may offer scope for Beijing, Washington

    After China and the US agreed on joining hands to tackle climate change during the recent high-profile meeting in Alaska, latest information reveals that top climate officials of the two sides both attended a ministerial meeting on climate action co-hosted by China on Tuesday, drawing attention worldwide as the area may offer a chance for the two to seek cooperation despite chilly bilateral relation.

    By Global Times | 2021/3/24 22:16:08
  • A global internet supervising organ is needed under auspices of UN

    The onslaught of the COVID-19 pandemic has highlighted the significance of global coordination. As the agency of the United Nations responsible for international public health, the World Health Organization (WHO) has played an indispensable role in coordinating global efforts in the fight against the disease.

    By Fang Xingdong | 2021/3/24 19:44:48
  • No 'forced labor' issue in China for US-led clique to address

    The newly installed US Trade Representative Katherine Tai has just finished her first round of calls with counterparts from US' major Western partners, and the head of the World Trade Organization (WTO), emphasizing topics on rebuilding alliances with partners; while unsurprisingly, didn't forget to vilify China using fabricated issues.

    By Global Times | 2021/3/23 22:41:47
  • China's technology innovations won't be easily suppressed

    In the opening remarks delivered at the high-level strategic China-US dialogue in Anchorage, Alaska, Chinese top diplomat noted that "history will prove that those who seek to strangle China will suffer in the end."

    By Mu Sen | 2021/3/23 16:57:42
  • What is behind Switzerland's first 'China strategy' report?

    Switzerland recently released its first "China strategy," describing China as a priority country for its foreign policy. While hyping so-called "differences in values" and "human rights" concerns among bilateral relation, it also expressed a strong intention to shore up economic and trade ties with China which, however, would only be expected under mutual respect over each other's core interests.

    By Global Times | 2021/3/22 21:47:46
  • How will Biden manage unilateral tariff legacy?

    The Trump administration's unilateral and radical approach across economic and trade policies had significantly overplayed the strength and international credibility of the US as a superpower and caused severe disruption throughout the international economy and trade. Rectification is urgently awaited in US' economic and trade policies.

    By Lu Feng | 2021/3/21 17:14:19
  • Hearsay-based conjecture not conducive to ease Myanmar situation

    Based on anonymous sources, there are media reports hyping that Chinese state-owned firms have been "evacuating" non-essential staff from Myanmar after the recent attacks in which a number of Chinese firms were targeted. However, with information being fragmentary and unconfirmed, hearsay-based conjecture is not conducive to easing tensions.

    By Global Times | 2021/3/20 9:09:10
  • India, by pivoting to Quad, will ruin its industrial chain

    China, as expected, has remained the largest source of India's imports in 2020, highlighting the economic complementarities of the two Asian economies which is exactly what could help India to promote its "Make in India" campaign, if New Delhi could adopt a pragmatic approach and seize the opportunity to better connect with Chinese industrial chain.

    By Dai Yonghong | 2021/3/18 20:52:28
  • Economic development not democracy key to India's rise

    The Quad virtual summit and US secretary of defense's plan to visit India in the coming days have attracted wide attention on India's international position in so-called Indo-Pacific and global geometry.

    By Lou Chunhao | 2021/3/18 15:14:27
  • Will economic ties be breakthrough in China-US talks?

    The high-level dialogue between officials of China and the US is scheduled to take place in Alaska on Thursday, but trade frictions, as observers widely anticipated, may not be included during the talks.

    By Global Times | 2021/3/17 23:21:44
  • Will China-US meeting in Alaska be new starting point for better relations?

    High-ranking government officials of China and the US are scheduled to hold the first official dialogue in Alaska from Thursday to Friday this week.

    By Huang Renwei | 2021/3/17 16:29:45
  • Canberra delusional to think the China-US dialogue will focus on its woes

    The world's most consequential bilateral relationship is at its lowest point with a bruising trade war lingering. Would the talks on how to fix that and avoid further dangerous escalation be linked to grievances of a third country? That's not just silly but quite irresponsible and dangerous.

    By Cong Ge | 2021/3/17 2:09:55
  • US choosing confrontational road with China will backfire

    While advanced technology has become one of the crucial areas of China-US tensions, a recent survey showed that American tech workers, by and large, prefer a closer cooperation with China while Washington's hawkish stance toward Chinese technology companies adopted by the previous Trump administration should be upended.

    By Huang Rihan | 2021/3/16 20:37:57
  • EU should include Chinese inoculations in 'vaccine passports'

    EU is reportedly planning to roll out a "vaccine passport" to facilitate personnel exchanges within the bloc, with a proposal stating that only European Medicines Agency (EMA)-approved vaccines will be valid for travel in EU.

    By Global Times | 2021/3/15 20:45:21
  • Will US drive global post-pandemic economic recovery?

    US President Joe Biden has signed the $1.9 billion trillion COVID-19 relief bill into law, boosting US stocks that fell modestly for several days last week. The Wall Street Journal even optimistically claimed that the US is set to lead global economic recovery in 2021. But will the prediction come true?

    By Xu Weihong | 2021/3/15 19:11:14
  • Avatar regains box office crown after re-release in China, food for thought for Western businesses

    After 12 years, Avatar is back with a surprise second screening in China. It took just two days and four hours for the movie to pass the 100 million yuan box office record, bringing the movie back to the highest-grossing films of all time.

    By Global Times | 2021/3/15 2:42:00
  • Will Biden's spending spree bring back pre-pandemic US economy?

    US President Joe Biden achieved his first major legislative victory after his coronavirus relief bill, priced at $1.9 trillion, cleared Congress and was quickly signed into law last week. On Thursday night, he gave his first prime-time policy address to American people from the White House, vowing to contain the pandemic quickly by accelerating vaccinations in all US states.

    By Wen Sheng | 2021/3/14 20:35:11
  • Cooperation opportunity emerges between China, US as tariff exclusion re-extended

    The US has re-extended tariff exclusion on about 99 categories of medical products from China from March 31 to September 30 to aid the fight against COVID-19, media reports said. The nearly one-hundred-item list includes masks, gloves, blood pressure cuff sleeves and X-ray tables.

    By Huo Jianguo | 2021/3/11 21:43:40
  • China, leading to world recovery, and beyond

    China's currently ongoing two sessions (March 4 to 11, 2021) may be the most important of its type to take place in recent years.

    By Peter Koenig | 2021/3/11 17:16:14
  • Fukushima lessons may have relevance for China's clean energy path

    It has been a decade since the Fukushima nuclear incident, the world's second-worst nuclear disaster after Chernobyl. The still disturbing consequences of the disaster have not only changed Japan's energy strategy but also dealt a severe blow to the development of global nuclear power.

    By Global Times | 2021/3/11 0:06:48
  • Quad economic ties not solid enough to tie India on chariot of 'Asian Nato'

    The White House has announced that US President Joe Biden will meet virtually with leaders from Japan, Australia and India in the Quad framework on Friday. This will be the first-ever meeting between the heads of state of the four-member Quad group, demonstrating Biden's intention to strengthen and consolidate the framework during his tenure.

    By Qian Feng | 2021/3/10 20:38:40
  • Indo-Pacific tilt won't help UK regain market share in China

    The UK has lost significant market share in its key export destinations – Germany, the US and China – amid the COVID-19 pandemic last year, which also might have failed to grasp emerging market opportunities, according to new research published by Aston University's Lloyd's Banking Group Centre for Business Prosperity on Monday.

    By Global Times | 2021/3/9 19:43:39
  • China's digital yuan trials completely irrelevant to geopolitics

    China's central bank, the People's Bank of China (PBC), has conducted trials for Digital Currency/Electronic Payment (DC/EP) across selected Chinese cities since last year. Some foreign media outlets recently associated the process with geopolitics, assuming that the PBC plans to establish a new global financial configuration by issuing DC/EP. Some even jumped to the conclusion that the Chinese government deems the issue and control of a sovereign digital currency as a "new battlefield" of national competition.

    By Mo Kaiwei | 2021/3/9 17:39:40
  • China set to share vaccines with African countries, despite Western vilification

    Chinese State Councilor and Foreign Minister Wang Yi on Sunday reiterated China's opposition to “vaccine nationalism” and re-emphasized China's commitment to maintain equitable vaccine distribution in the world, saying China rejects any “vaccine divide.”

    By Song Wei | 2021/3/8 18:58:39
  • US guile in blacklisting Xiaomi Corp may only be a tip of the iceberg

    The US government's blacklisting of Chinese smartphone maker Xiaomi Corp may lack evidence to support of its spurious claims of "having military ties," a report of the Wall Street Journal over the weekend showed.

    By Global Times | 2021/3/8 18:03:44
  • China's two sessions chart course for solid, fast growth on all fronts

    The ongoing Two Sessions in Beijing is attracting the eyes of the world as China, the most important contributor to global economic growth, is charting a development course for the next five years, most significantly, encouraging further technology innovation and sprucing up self-reliance in critical technologies, so that the country is able to continue on its path to becoming an advanced economy.

    By Wen Sheng | 2021/3/7 17:37:12
  • Biden strategic guidance sets tone of 'cooperative competition'

    The White House Wednesday published US President Joe Biden's first strategic guidance – Interim National Security Strategic Guidance. The document expands on Biden's vision for how America will engage with the world, including US' stance in unfolding strategic competition with China.

    By Global Times | 2021/3/4 20:48:39
  • 'Cheaper costs than China' not adequate to lure Tesla to India

    In New Delhi's latest efforts to bolster India's manufacturing capacity, Nitin Gadkari, the transport minister of the South Asian country reportedly assured Tesla Inc with the cheapest manufacturing cost in world – even lower than China.

    By Liu Zongyi | 2021/3/3 20:03:40
  • Chinese experts on potential dollar collapse: growing bearish consensus

    As the US dollar continues its weakening trend, the bearish consensus and the forecast of a potential collapse of the greenback have expanded its grounds among Chinese analysts. In interview with the Global Times, Chinese experts share their argument on why it's difficult for the US to prevent a plunge in the value of dollar and what preparations are needed in advance for economies to cope with related risks.

    By Global Times | 2021/3/2 21:03:42
  • Investment collapse shows Canberra should reflect roots of feud with China

    The value of Chinese investment in Australia collapsed in 2020, plunging by more than 61 percent to just more than A$1 billion ($783 million), a six-year low, according to new data released by the Australian National University (ANU) on Sunday night.

    By Chen Hong | 2021/3/1 20:58:40
  • Canada's motion boycotting Beijing Winter Olympics is sinister

    With the one-year countdown to the Winter Olympics in Beijing underway, some anti-China forces cannot pass up opportunity to use the high-profile sports event to vilify China, including Canada, the US and the UK.

    By Global Times | 2021/2/25 20:41:01
  • If Australia doesn't value Chinese market, others will slip in

    Global barley suppliers including Argentina and France are swiftly filling the supply gap in China left by Australian exporters. With new supply chains taking shape, it will be hard for Australian farmers and exporters to win back their markets share forfeited as a result of Canberra's ill-conceived anti-China policies.

    By Global Times | 2021/2/24 21:37:16
  • 'Buy American' order won't ease predicaments of US manufacturing sector

    Signing the executive order demanding "Buy American" only five days in the White House, Joe Biden has demonstrated his unequivocal support to the country's manufacturing industry at the beginning of his presidency.

    By Liao Zhengrong | 2021/2/24 19:53:39
  • China's return as India's top trader blow against nationalism

    China returned as the largest trading partner of India in 2020 - an extreme year for bilateral relations as New Delhi recklessly adopted a speculative approach to antagonize China from border disputes to economic frictions. The so-called "decoupling China" policy has clearly failed and turned out as a rebuke toward Indian nationalism.

    By Global Times | 2021/2/23 19:56:07
  • Chinese capital to be coveted by Indian firms after pandemic

    After more than half a year of reckless provocation against China, India reportedly plans to lift a blockage on Chinese investments amid its rising awareness of the importance of Chinese capital which has boosted the development of Indian industries in the past years.

    By Dai Yonghong | 2021/2/22 21:04:52
  • Regardless of motivations, Western countries' return to foreign aid is good news

    Declaring "America is back" in his first big presidential moment after coming into office, US President Joe Biden pledged up to $4 billion to help get poorer countries vaccinated against COVID-19 at Friday's Group of Seven (G7) meeting of world leaders.

    By Song Wei | 2021/2/22 20:02:37
  • Uncooperative approach by developed countries on vaccines hinders global recovery

    While massive vaccination campaigns are raising hope globally, the uncooperative and selfish attitude toward vaccines adopted by some developed countries, from manufacturing to distribution, has caused headwinds for the COVID-19 pandemic containment as well as the recovery of world economy.

    By Global Times | 2021/2/22 15:38:39
  • London vilifies HK's business environment to serve a political agenda

    The UK recently updated its guidance on overseas businesses operating within the Hong Kong Special Administrative Region (HKSAR), playing up "political risks" there in order to vilify the National Security Law for the SAR which has been enacted to restore stability and safeguard long-term prosperity of HK. During interviews with the Global Times, Chinese experts noted that Hong Kong, with improved legal system, remains a major international financial center and has a promising future; while the UK, suffering through an unprecedented economic recession, will only narrow its prospects for recovery and development if London continues to antagonize China.

    By Global Times | 2021/2/18 22:32:12
  • Will US-China technology competition change course under Biden administration?

    Science and technology is one of the most important strategic pillars in maintaining US hegemony and will impact the competition between China and the US, which remains a perpetual theme irrespective of who occupies the Oval Office.

    By Fang Xingdong | 2021/2/18 21:06:26
  • Smart farming technology can transform Chinese agriculture and help feed the planet

    Farmers play a vitally important role in the global community, their hard work and dedication produce the food and other essential crops that we all depend upon.

    By Qin Hengde | 2021/2/18 17:00:24
  • China steps up digital currency rollout, deepens cooperation with SWIFT

    During the Chinese Lunar New Year holiday, a new round of trials for Digital Currency/Electronic Payment (DECP) developed by the People's Bank of China (PBC) continued to be rolled out across selected Chinese cities.

    By Gao Desheng | 2021/2/18 15:04:44
  • Hyping 'debt trap' theory hurts African countries' recovery

    Many underdeveloped countries have seen their debt pressure being highlighted due to the outbreak of the novel coronavirus, which, in the eyes of some ill-intentioned foreign media outlets and anti-China forces, provides the best chance to smear China by hyping up the groundless "Chinese debt trap" theory.

    By Global Times | 2021/2/17 21:08:52
  • Are Indian politicians serious about ousting Chinese vendors, apps?

    Chinese smartphone vendors in 2020 grew their market share in India despite the headwinds caused by New Delhi from border clashes to economic conflicts.

    By Dai Yonghong | 2021/2/8 21:03:39
  • China's hedge funds developing appeal for foreign investors

    China's hedge funds, which are smaller in size and less famous than their competitors from the Wall Street, have become a stronger money-making force and attracting more assets in 2020, data released ahead of the Chinese Lunar New Year said.

    By Dong Shaopeng | 2021/2/8 19:17:31
  • UK playing old trick of setting trade barriers under guise of 'labor issue'

    The UK House of Commons is set to vote next week on an amendment to its Trade Bill, which was passed by the UK House of Lords on February 2. Two among the total eight revised terms were widely regarded as targeting China.

    By Global Times | 2021/2/7 22:24:08
  • Beijing is firm in upholding free trade, combating protectionism

    China's 1.4 billion people are entering a buying spree as they prepare to celebrate the Spring Festival holiday, the most important celebration of the year for singing, dancing and feasting with family members and close friends. The usually joyful leisure time also offers a special window to look back at the past and choreograph a plan for the coming year.

    By Wen Sheng | 2021/2/7 15:47:45
  • Diversification of China's barley imports is conducive for market balance

    Recent Chinese purchases have reportedly contributed to higher prices for key crops and China's increasing barley purchase will ensure sales for foreign agricultural producers.

    By Li Chunding | 2021/2/4 21:04:50
  • Developed economies should contribute to global recovery

    With the UK as a host, some Western developed countries are reportedly planning to sit down and find solutions to reboot their economies. Reaching a consensus may not be an easy task for the countries, but more importantly, developed economies should be aware of the importance to redress ideological problems and make efforts to boost the global economy, instead of forming different clans and trying to make self-serving rules.

    By Global Times | 2021/2/4 21:04:41
  • Canberra needs policy revamp rather than publicity stunts

    Clouded by a deteriorating China-Australia relationship, Australian trade has gone through a year of ebb and flow, which needs objective and rational analysis instead of jumping to conclusions based on one final numerical trade balance.

    By Global Times | 2021/2/3 21:19:12
  • China's economic fundamentals are better shaped than US'

    For more than two years, the US trade war has failed to meet almost all of its set goals. The US trade deficit with China has risen, and the manufacturing industry has not returned to the US.

    By Gao Desheng | 2021/2/3 19:28:41
  • India's plan to spruce up infrastructure may not end well

    India on Monday rolled out its much-awaited 2021-22 fiscal year budget, with one of the highlights centered on sharply boosting infrastructure expenditure. In line with its existing policy framework, the infrastructure spending boost is expected to contribute to its economic growth in the long term. However, the country still needs to take an open mind toward international cooperation and foreign investment.

    By Qian Feng | 2021/2/2 20:16:20
  • A zero-sum approach will hinder US technology innovation

    The Committee on Foreign Investment in the US (CFIUS) is reportedly continuing to step up scrutiny of Chinese investments in US technology start-ups, and some penalties could be handed out later.

    By Global Times | 2021/2/2 16:47:12
  • Britain faces insurmountable task in rebooting economy

    As the novel coronavirus infection and lockdown restrictions continue across the UK, the British economy is now facing unprecedented pressure, with confidence of both consumers and businesses reaching historical lows. Though it is one of the earliest in the world to initiate vaccination, the country may not be able to see effective economic recovery in short term.

    By Global Times | 2021/2/1 21:52:52
  • India's plan on issuing official digital currency premature

    As countries, especially developed economies, are paying accelerating efforts on developing official digital currencies, India has also repeated its intention to follow up the agenda, with latest efforts on weighing a new law to ban private crypto-currencies and to pave the way for official digital currency issuance. However, with currently insufficient financial and technological prerequisites, it may not be a mature decision for India.

    By Global Times | 2021/2/1 12:23:39
  • Who are Australia trade officials trying to fool with publicity stunt?

    Australia appears to be pulling another publicity stunt. In a recent interview, the newly installed Australian Trade Minister Dan Tehan said that he had written a "detailed" letter to his Chinese counterpart in which he expresses hope that they could have a "constructive dialogue." A week or so later Tehan has started publically whining that he hasn't received a reply.

    By Wang Cong | 2021/2/1 0:54:56
  • US economy remains in pandemic's grip, to end flat in 2021

    Despite an unprecedentedly large scale fiscal and monetary stimulus, the US economy tanked 3.5 percent in 2020, registering the worst year since the 1940s.

    By Wen Sheng | 2021/1/31 17:20:39
  • K-shaped recovery in India will drive the poor to the wall

    While the hard-hit Indian economy continues to struggle in 2021, discussion surrounding a K-shaped "recovery path" has been raised as the country's wealthy elite is recovering faster than the rest, giving rise to a wider wealth gap which will be risky for the country's development.

    By Dai Yonghong | 2021/1/28 20:43:54
  • An upgraded China-ROK free trade deal good news for regional integration, growth

    Since China-South Korea Free Trade Agreement went into effect in December 2015, zero-tariff trade has accounted for 55 percent of the total trade between the two East Asia countries, data from China's General Administration of Customs (GAC) showed on Thursday.

    By Li Chunding | 2021/1/28 19:40:15
  • Benign development of ties with China to boost UK economy

    While the number of the novel coronavirus infections has surpassed 100 million, Britain became the first nation in Europe reporting more than 100,000 fatalities. Facing grave challenges, the British economy is estimated to have a long way to go before it can get back on track and regain momentum.

    By Global Times | 2021/1/27 20:46:56
  • Regardless of Western media smearing, Chinese vaccines are welcomed by the world

    While China is leading the way in promoting international cooperation on supply of COVID-19 vaccines, and aiding other countries to ease supply shortfalls, some western media outlets continue to baselessly assault China's efforts. The attacks will serve only to jeopardize global cooperation in the fight against the pandemic.

    By Miao Xie | 2021/1/27 19:18:54
  • Global trade system needs rehabilitated WTO appellate body

    Under the dual pressures of a pandemic and trade protectionism, the global trading system has been badly disrupted, with the World Trade Organization (WTO) going through an unprecedented challenge of its disputes settlement mechanism (DSM) appellate body suspension due to the US' obstruction.

    By Global Times | 2021/1/26 22:12:04
  • Australia benefits from rising ore prices but faces headwinds

    After recording a 7-percent export decline in 2020, Australia, with iron ore exports as its main driving force, may see its trade to improve in 2021 alongside the global economy's recovery from the COVID-19 pandemic.

    By Yu Lei | 2021/1/25 21:15:28
  • Vietnam, with surging GDP and stability, is a rising star in Southeast Asia

    In its latest "Asia Economics Quarterly" report, the Hong Kong Shanghai Banking Corporation (HSBC) said Vietnam posted the fastest growth in Asia in 2020 and will once again be among the star performers in the region in 2021.

    By Nie Huihui | 2021/1/25 19:28:40
  • CPTPP expansion conducive to regional economic integration

    As one of the major free trade blocs in the world, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is about to see a new applicant - the UK which just exited from EU. Taking in more members will strengthen the deal's reach, accelerate economic and trade integration, as well as contribute to the reshaping of the global trade order.

    By Global Times | 2021/1/21 21:42:20
  • Suganomics' performance amid pandemic is vital to Tokyo's success

    Maintaining economic growth is seen as a crucial test for the policy-making of Japanese Prime Minister Yoshihide Suga's administration. Revitalizing Japan's economy from the damages caused by COVID-19 is the key to solve current problems facing Japan, concerning various aspects of Japan's development planning.

    By Chen Youjun | 2021/1/21 18:40:36
  • Australia should seek policy autonomy, free of US directives

    As the US President-elect Joe Biden becomes the host of the White House, how the world's largest economy under the new Biden administration will readjust its role on the global stage is the subject of heated debate and wild speculation, including the Five Eyes member Australia, which has seen internal debate on Canberra's binding its own fate to the gone Donald Trump government.

    By Global Times | 2021/1/20 20:30:24
  • Economic policy revision more important than boasting about India's recovery

    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
  • 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
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