GT Voice
With ASEAN countries becoming China's largest trading partner in 2020, bilateral trade between China and Vietnam witnessed particularly remarkable growth.
By Global Times | 2021/1/14 21:07:14
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  • GT Voice: Too soon to see turning point in China-India trade

    Given a likely 20 percent drop in India's imports from China in 2020, the trade between China and India may have reached a turning point, according to a report published on Nikkei's Chinese website on Wednesday.

    By Global Times | 2021/1/13 20:03:55
  • GT Voice: Robert Lighthizer did enormous harm to US-China trade, relations

    In an interview with The Wall Street Journal published on Monday, outgoing US Trade Representative Robert Lighthizer urged President-elect Joe Biden to keep all tariffs imposed on China, even if that considerably raises prices for US businesses and consumers.

    By Global Times | 2021/1/12 20:11:27
  • GT Voice: Bitcoin, on a roller coaster ride, may lead to rising risks

    Bitcoin has been on a roller coaster ride lately. The leading crypto-currency plunged as much as 21 percent from Sunday to Monday to as low as $32,389. The fall came just days after bitcoin soared 40 percent at the beginning of the new year to reach an all-time high of nearly $42,000.

    By Global Times | 2021/1/11 19:54:44
  • GT Voice: Bullish US stock performance underlines bubble risks

    No matter how bad things get, investors in the US stock market seem to be seeing only good news supporting the crazy upward march.

    By Global Times | 2021/1/10 20:39:43
  • GT Voice: Australia trade surplus built on shaky long-term basis

    Australia's trade surplus shrank to A$5 billion ($3.9 billion) in November, down from A$6.6 billion in October, according to figures released on Thursday by the Australian Bureau of Statistics.

    By Global Times | 2021/1/7 20:12:05
  • GT Voice: Slow vaccination rollout tells of deeper problem in Europe

    Like many pinning hopes of ending the pandemic on vaccines, European countries have also bet their economic recovery on a cure for the virus, which is also why the EU organized the joint procurement program earlier in 2020 to ensure the vaccine availability for all of its member states. Yet, the slow progress underlines that this is actually a test of a country's manufacturing and supply chain strength.

    By Global Times | 2021/1/6 20:36:18
  • GT Voice: Strength of yuan testament to nation's economic health

    On Tuesday, the onshore yuan rate broke the 6.45 mark and hit 6.4303 against the US dollar, the highest level since June 2018. In the first two trading days of the new year, the currency gained about 1 percent in the onshore market after strengthening 6.26 percent against the dollar in 2020.

    By Global Times | 2021/1/5 20:24:23
  • GT Voice: Will vaccines be life raft for weak Indian economy?

    While some Indians pin high hopes of ending the country's public health crisis on the COVID-19 vaccine, it may not necessarily be a shot in the arm for India's economy.

    By Global Times | 2021/1/4 19:03:39
  • GT Voice: China boosts confidence for global poverty reduction

    Through the joint efforts of all parties led by the government, China has lifted its rural population out of absolute poverty and removed all poverty-stricken counties from the poverty list, accomplishing the target of eradicating extreme poverty by the end of 2020, the Poverty Alleviation Office of the State Council announced last week.

    By Global Times | 2021/1/3 20:15:21
  • GT Voice: Cancellation of some New Year events an affordable loss for Chinese economy

    Due to the resurgence of sporadic COVID-19 cases, some Chinese cities and scenic spots announced that they will not arrange festive activities on New Year's Eve.

    By Global Times | 2020/12/30 23:39:29
  • GT Voice: Political gamesmanship to further hurt Australian employment

    Political gamesmanship to hurt Australian employment

    By Global Times | 2020/12/29 21:54:17
  • GT Voice: Indo-Pacific a distraction for stabilizing UK economy post-Brexit

    The UK appears to be turning to the Indo-Pacific region as one of its pivots for post-Brexit economic and trade cooperation, which, however, makes more geopolitical sense than it does from an economic perspective.

    By Global Times | 2020/12/28 20:13:07
  • GT Voice: Yuan continues to edge up in value, posing little risk to economy

    With the Chinese economy recovering a long way ahead of most other economies, the continuing flow of capital into China's bond and stock markets is expected to maintain the yuan's appreciation trend into 2021.

    By Global Times | 2020/12/27 20:19:23
  • GT Voice: Long-awaited EU-UK trade deal to boost economic stability

    Britain and the European Union agreed to a new Brexit trading arrangements on Christmas Eve, CNBC reported. The deal is a Christmas gift not only for the British economy but also for the COVID-19-battered global financial market.

    By Global Times | 2020/12/24 20:58:39
  • GT Voice: Canada's political interventions scupper normal business deal

    The Canadian government vetoed a bid by China's Shandong Gold Mining Co to acquire the asset of TMAC Resources Inc on national security grounds, the Chinese state-owned company confirmed in a stock exchange filing on Tuesday.

    By Global Times | 2020/12/23 19:48:40
  • World's factory offers win-win, Indian merchants working hard to keep trade flow unchecked

    Even as bilateral ties between China and India fell to their lowest point in decades this year, following a deadly border clash on the Himalayas in June, Indian companies and traders are still buying goods from China, according to exporters from Dongguan, one of the world's leading maufacturing hubs in South China's Guangdong Province.

    By GT staff reporters | 2020/12/23 15:43:22
  • GT Voice: Canberra's barley complaint at WTO won't scare China

    The World Trade Organization (WTO) on Monday confirmed on its website Australia had officially lodged a complaint against China over anti-dumping and anti-subsidy duties imposed on its barley exports.

    By Global Times | 2020/12/22 20:08:39
  • GT Voice: World must prepare as UK economic woes spill over

    As a new mutation of the coronavirus in Britain reportedly rages out of control, the country is now facing a bigger health crisis than the no-deal Brexit.

    By Global Times | 2020/12/21 21:03:16
  • GT Voice: Holiday revelers should not lessen guard against coronavirus

    The possibility of imported cold-chain food products causing another moderate wave of COVID-19 outbreak in China is casting a shadow over the upcoming holiday economy.

    By Global Times | 2020/12/20 21:08:59
  • Tariff war didn't work on China under Trump, won't work under Biden

    In a recent interview with Reuters, outgoing US Trade Representative Robert Lighthizer sought to defend the US' multi-year trade war with China and even suggested that the incoming Joe Biden administration should keep tariffs on Chinese goods and "hold their feet to the fire" on the China-US phase one trade agreement.

    By Wang Cong | 2020/12/17 22:08:40
  • GT Voice: China moves toward iron ore import substitution

    In an attempt to diversify raw materials for steel-making and reduce the industry's over-reliance on iron ore, China has officially issued a set of new national standard for steel scrap recently, the Xinhua News Agency said on Thursday, citing the China Iron and Steel Association.

    By Global Times | 2020/12/17 20:28:39
  • GT Voice: Dump of US Treasury bonds is due to dollar's weakness

    With the US economic recovery remaining fragile due to a voracious resurgence of the coronavirus pandemic, many central banks around the world continued to dump US Treasury bonds, as they are pessimistic about the US economy's performance in the upcoming months.

    By Global Times | 2020/12/16 19:43:41
  • GT Voice: Widening wealth divide erodes India's manufacturing industry

    The violent attack at Wistron's iPhone plant in southern India resulted in losses of up to NT$200 million ($7.12 million), but major production facilities did not suffer serious damage, the Taiwan-based contract manufacturer said in a statement filed to the Taiwan Stock Exchange on Tuesday.

    By Global Times | 2020/12/15 20:08:40
  • GT Voice: US geopolitical gimmick to interfere in Mekong is doomed

    The Trump administration is obsessed with hyping up the Lancang-Mekong River water resource issues, but fails to realize its position of utter flagrancy and arrogance will only be a burden for regional players.

    By Global Times | 2020/12/14 21:04:25
  • GT Voice: Canberra's paranoia about China-PNG fishery project lays bare its ill intention

    A seemingly trivial fishery project between China and Papua New Guinea (PNG) may have struck a nerve with some in Australia amid the deteriorating China-Australia relationship.

    By Global Times | 2020/12/13 21:20:27
  • GT Voice: Iron ore no exception in twisted China-Australia trade

    Impacts of the downward spiral of China-Australia relations on Australian exports are striking in both scope and severity. As the most important part of China-Australia trade, iron ore may be less vulnerable to political shocks compared to other products, but it is not completely immune.

    By Global Times | 2020/12/10 22:02:52
  • GT Voice:Yuan's value skyrockets in response to market forces

    Buttressed by the sustained economic recovery from COVID-19, the Chinese currency, or yuan, has seen a stellar run gaining much value against the world's other currencies in recent months. A steadily rising Chinese currency could also help easing economic and trade frictions between Beijing and incoming Joe Biden administration.

    By Global Times | 2020/12/9 21:27:47
  • Poor choices by London post-Brexit may hurt trade

    With a free trade agreement between the UK and the EU still up in the air, UK Prime Minister Boris Johnson will travel to Brussels for a face-to-face meeting with European Commission President Ursula von der Leyen in a last-minute attempt to reach a historic trade and security deal, according to media reports.

    By Global Times | 2020/12/8 20:37:19
  • Australian coal workers to suffer economic pain, more acutely

    Recent market attention over whether coal will be the next commodity to be impacted by the precipitating deterioration of China-Australia relations is understandable. Although BIMCO figures indicated that Australia was the best performer among all the major coal exporters to China during the first 10 months of this year with Chinese coal imports from Australia hitting a record high of 77.4 million tons, but it is economically feasible for China to reduce Australian coal imports, significantly.

    By Wang Jiamei | 2020/12/7 19:38:40
  • Aerospace gains give China more leverage in tech war

    After completing the first spacecraft rendezvous in lunar orbit, the orbiter-returner of China's Chang'e-5 probe separated from the ascender, waiting for the right time to return to Earth with its lunar samples, the China National Space Administration announced on Sunday.

    By Global Times | 2020/12/6 22:34:47
  • Biden is obliged to end the trade war with China sooner

    US President-elect Joe Biden on Wednesday offered the clearest signal of his approach toward the multi-year trade war and overall economic and trade relations with China. In a wide-ranging interview with The New York Times, Biden said that he would not immediately remove tariffs on hundreds of billions of dollars worth of Chinese products against WTO rules, and that he would "consult" with US allies to develop a "coherent strategy" against China.

    By Global Times | 2020/12/3 20:56:32
  • China-Australia trade stalemate far from hitting bottom

    The Australian Bureau of Statistics is scheduled to release trade data for October on Thursday, which may not show a free-fall drop yet as many have concerned amid cascading trade tensions with China.

    By Global Times | 2020/12/2 20:08:40
  • How far is Hong Kong's economy from a recovery?

    Hong Kong Disneyland will close on Wednesday as the Hong Kong Special Administrative Region (HKSAR) government announced new restrictions on public gatherings due to an uptick in COVID-19 cases.

    By Global Times | 2020/12/1 20:04:31
  • Geopolitical rivalry should be averted in Japan-China ties

    Japan and India will sign an unprecedented memorandum of understanding to support the introduction of Japanese 5G networks, fiber-optic sea cables and other technology in India, the Nikkei reported on Sunday.

    By Global Times | 2020/11/30 21:27:49
  • Will China's consumption power reverse US decoupling pursuit?

    With its retail sales hitting a record high of 41.2 trillion yuan ($6.26 trillion) in 2019, China will soon surpass the US as the world's largest retail market for consumer goods, Lian Weiliang, deputy chief of the National Development and Reform Commission, China's top economic planner, said on Sunday.

    By Global Times | 2020/11/29 19:56:29
  • Washington needs to repudiate isolationism, reactivate China ties

    The norms of upholding broad multilateral cooperation and win-win engagement with China ought to be pursued by the US, as the incoming Joe Biden administration is weighing up its new strategy on how to manage what many pundits define as the most important bilateral relationship in the world.

    By Wen Sheng | 2020/11/29 15:15:25
  • Trump's tariffs set a trap for incoming Biden administration

    The Trump administration has imposed new tariffs on Chinese twist-ties, the Wall Street Journal reported on Thursday, in a worrying sign that the US-China economic conflict may be rekindled.

    By Global Times | 2020/11/26 20:52:48
  • Wider India app ban means darker days for investors

    The Indian government has announced on Tuesday its intention to block more Chinese apps, including AliExpress, in a list of 43 on "spurious national security grounds."

    By Global Times | 2020/11/25 20:48:40
  • Calls to ease tensions with China shouldn't be overlooked by Ottawa

    The list of Canadian politicians who have joined the campaign to release Huawei executive Meng Wanzhou continues to grow. According to Canadian media reports, two Canadian members of parliament, the New Democratic Party's Niki Ashton and the Green Party's Paul Manly, are set to speak at an online panel discussion calling for the release of Meng on Tuesday.

    By Global Times | 2020/11/24 20:02:25
  • Will Biden improve China ties frayed by predecessor?

    It seems highly likely that sitting US President Donald Trump will move to inflame trade tensions with China during his final months in office, no matter whose interests he is bent on hurting.

    By Global Times | 2020/11/23 21:50:55
  • Opportunities will open to Japan if China joins CPTPP

    In the wake of the signing of the Regional Comprehensive Economic Partnership (RCEP), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has inevitably attracted much attention, especially after China expressed an open and positive attitude toward joining CPTPP.

    By Global Times | 2020/11/22 20:38:04
  • Gripes over food tests disregard safety of public

    Some food-exporting countries are increasingly dissatisfied with China's tighter scrutiny and testing of imported frozen products for coronavirus, according to media reports.

    By Global Times | 2020/11/19 22:21:44
  • Indian businesses' plight also deserves govt attention

    India's resistance to Chinese investment seems to show signs of easing as the Indian government is reportedly mulling a plan of loosening previous restrictions on foreign direct investment from countries sharing a boundary with India, including China.

    By Global Times | 2020/11/18 20:12:58
  • Australia may not be sincere in easing trade tensions

    The trade tensions between China and Australia seems to have fallen for a propaganda stunt by some Australian media outlets that are obsessed with fueling market panic over every trade frustration with China.

    By Global Times | 2020/11/17 22:03:19
  • EU needn't suffer from concern over RCEP

    The milestone signing of the Regional Comprehensive Economic Partnership (RCEP), the formation of the world's largest free trade zone that excludes the US and the EU, appears to have stoked a sense of urgency for Europe. Some European media outlets expressed concern over the possibility that the EU as an economic community could be marginalized by the RCEP, while some more provocative views called for the EU to concentrate on cooperation with India to avoid being an outsider in the Pan-Asian industrial chain.

    By Global Times | 2020/11/16 22:30:26
  • India-Pakistan woes should not affect Chinese projects

    In a rare press conference on Saturday, Pakistani senior officials claimed that they have extensive evidence of India supporting terrorism aimed at destabilizing Pakistan and sabotaging its economic partnership with China. According to Pakistani military spokesman Maj Gen. Babar Iftikhar, Indian intelligence agents were specifically targeting Chinese development projects initiated through the China-Pakistan Economic Corridor (CPEC), and India even sponsored a 700-member militia for the purposes of wrecking this flagship program under the Belt and Road Initiative (BRI), media reports said.

    By Global Times | 2020/11/15 20:42:14
  • Ottawa unwise to let ties get mired in Meng's case

    While Canada appears to be eager to repair trade relations with the next US administration, China-Canada tensions are not necessarily the recipe for the goal.

    By Global Times | 2020/11/12 21:37:47
  • Political labels of China or Western shouldn't be put on vaccine cooperation

    Brazil's trial of coronavirus vaccines seems to have been overshadowed by growing political uncertainty, a lamentable development that other countries should avoid.

    By Global Times | 2020/11/11 21:41:05
  • Boeing's predicament mirrors US manufacturing challenges for next administration

    The US Federal Aviation Administration is set to approve Boeing's 737 MAX jets for a return to service as early as next week, Reuters reported on Monday.

    By Global Times | 2020/11/10 20:55:51
  • Will India's deeper SCO ties start with economy?

    The 20th Meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization (SCO) is set to be held virtually on Tuesday, and it is widely expected to focus on discussions about the fight against the COVID-19 epidemic and economic cooperation in the post-COVID-19 era.

    By Global Times | 2020/11/9 21:36:27
  • Canberra at crossroads following US election

    As the decline in Australian exports to China continues, the growing tension in bilateral economic and trade ties may serve as a reminder for Australia about the urgency of reflecting on how to bring bilateral relations back on the right track.

    By Global Times | 2020/11/8 21:14:32
  • Will cow dung lamps make a better Diwali for India?

    With only one week or so remaining for Diwali, the Indian market has reportedly witnessed an obvious drop in demand for Chinese lamps and decorative items amid the ongoing border tensions between China and India.

    By Global Times | 2020/11/5 21:52:20
  • Next US govt needs to value trade relations with China

    American businesses' enthusiasm for the third China International Import Expo (CIIE) is undimmed by political tensions, even though the US and China are likely to face more uncertainties over the next four years.

    By Global Times | 2020/11/4 21:03:40
  • India's infrastructure push shouldn't focus on conflict

    Amid the border tension between China and India, infrastructure construction on both sides of the disputed border has become one of the focal points of public attention.

    By Global Times | 2020/11/3 23:02:32
  • Distortion won't clear path for Australian lobsters

    While there is undeniably a certain amount of tension in China-Australia trade, it is still unfortunate to see bilateral trade sink into an atmosphere of paranoia that could escalate any normal trade issue into a political one.

    By Global Times | 2020/11/2 22:19:27
  • Can Double 11 online shopping spree go global?

    It was a busy night for some young Chinese, out enjoying the Halloween celebrations before rushing to the battlefield of Alibaba's annual Double 11 shopping festival, which kicked off on Sunday.

    By Global Times | 2020/11/1 21:09:16
  • Easing Huawei ban won't shake China's chip resolve

    While Huawei's smartphone business may be able to get some relief from the US sanctions, China's domestic chip industry may face even more severe challenges ahead.

    By Global Times | 2020/10/29 21:32:41
  • Political hype about US trade deal negotiation with Taiwan island deserves little attention

    The Brookings Institution on Tuesday released a list of actionable foreign policy ideas for the next president, of which the first is pursuing deeper trade ties with the island of Taiwan.

    By Global Times | 2020/10/28 21:57:29
  • Less coal import repudiation to Aussie political posturing

    While China's carbon neutrality target has not yet had any impact on its coal trade with Australia, the fact that Mongolia has replaced Australia to become China's top source of coking coal suggests another blow is on the way for Australia's export-driven economy.

    By Global Times | 2020/10/27 20:00:58
  • Tesla Shanghai success is macrocosm of China Inc.

    Tesla has achieved another milestone success at its Shanghai Gigafactory, which officially announced on Monday the launch of its vehicle export business, with the first batch of domestically made Tesla Model 3 cars to leave on Tuesday for European countries like Germany, France and Italy.

    By Global Times | 2020/10/26 21:11:26
  • Politics shouldn't cast shadow on choice of COVID-19 vaccines

    A potential coronavirus vaccine from China appears to have set off a controversy in Brazil.

    By Global Times | 2020/10/25 19:43:40
  • UK's post-Brexit trade network shouldn't leave China out

    With the clock ticking on the Brexit transition period, Britain's efforts to diversify trade beyond the EU have finally appeared to pay off.

    By Global Times | 2020/10/22 20:57:52
  • Will mine review unsettle Beijing-Ottawa relations?

    Political tensions between China and Canada have cast doubt on the future of a Chinese company's acquisition of a gold mine in the Canadian Arctic, making it a potential new flashpoint in ongoing diplomatic frictions.

    By Global Times | 2020/10/21 22:13:18
  • Australian firms at CIIE welcome amid friction

    Despite the fact that relations between China and Australia seem to be in a downward spiral, perhaps it's time to feel more optimistic about the two countries' economic and trade ties, since a good number of Australian companies still appear enthusiastic about the Chinese market.

    By Global Times | 2020/10/20 21:59:36
  • India can't afford a confidence collapse from Chinese investment review concerns

    The Indian government may soon issue guidelines that will put foreign direct investment proposals with even the smallest Chinese holding under government approval, a move aimed at tightening rules for investment flows from China against the backdrop of border tensions, The Times of India reported on Monday.

    By Global Times | 2020/10/19 21:37:56
  • Trade war theory arises out of Canberra's own hostility

    Following market concerns over a reported China ban on coal imports from Australia, fears that Australian cotton may become the latest casualty amid the China-Australia trade tension surfaced over the weekend.

    By Global Times | 2020/10/18 20:18:01
  • Will China's rosy Q3 data boost global economy?

    Given the complex and changeable macroeconomic environment and rising uncertainties in the world, faced by China's economy amid the coronavirus pandemic, many are looking forward to seeking clues from China's economic data for the third quarter, which will be released by the National Bureau of Statistics on Monday, to help gauge the actual economic situation.

    By Global Times | 2020/10/15 20:41:36
  • Tech war may have adverse effect on iPhone 12 sales in China

    Apple unveiled on Tuesday its much-anticipated iPhone 12 lineup with 5G connectivity, the sales of which is expected to reveal whether the US-China tech war has hit its consumer loyalty in the world's largest 5G smartphone market.

    By Global Times | 2020/10/14 22:01:38
  • Declining China-Australia trade more pressing than 'coal import ban'

    Whether or not China has fired a shot at coal imports from Australia has become the focus of attention in political and business circles. According to trade publication S&P Global Platts, Chinese state-owned power plants and steel mills received verbal notice from authorities to stop buying Australian thermal and coking coal.

    By Wang Jiamei | 2020/10/13 20:24:26
  • Noise over Chinese firms last thing UK needs

    The spiraling tech war between the US and China has seen the US become increasingly reckless in its suppression of Chinese companies and investment in the name of national security. Against this backdrop, some in other Western countries, siding with the US, appear equally inclined to abuse the concept of national security to smear China.

    By Global Times | 2020/10/12 21:42:25
  • US-exclusive chip merger mania rebuffs chances of non-American players

    The news that Advanced Micro Devices Inc (AMD) is in talks to purchase rival chipmaker Xilinx Inc marks the latest development in the semiconductor industry consolidation, but it is unsettling and abnormal to see non-US companies being increasingly marginalized in the chip merger mania that may have profound impacts on global tech industries in the long term.

    By Global Times | 2020/10/11 20:22:07
  • US tech 'monopoly power' should cause global alarm

    US congressional investigators concluded in a long-awaited report released on Tuesday that tech titans Amazon, Apple, Facebook and Google parent-company Alphabet had exerted their own form of "monopoly power" and sweeping changes need to be made to the country's antitrust laws.

    By Global Times | 2020/10/8 21:14:13
  • National Day holiday litmus test for recovery of services

    The upcoming National Day holiday may be one of the most eagerly anticipated ones in China. Whether China's tourism industry that was hit hard by the coronavirus outbreak could see a strong rebound and release the pent-up domestic consumption will be revealed after the 8-day-long holiday.

    By Global Times | 2020/9/28 20:32:20
  • Regulators should say 'no' to Nvidia's takeover of Arm

    Ni Guangnan, an academician of the Chinese Academy of Engineering (CAE), said on Sunday at a forum that China's Ministry of Commerce is likely to veto US major chipmaker Nvidia's acquisition of British chip designer Arm.

    By Global Times | 2020/9/28 17:25:33
  • Boeing needs to do more to get over 737 MAX malaise

    For the first time in 18 months, there is real hope in sight for Boeing's 737 MAX aircraft to fly again, according to some Western media reports.

    By Global Times | 2020/9/27 19:23:40
  • Facebook's EU data transfer ban symbolic of boomerang effect

    While Facebook denied reports that it would shut down the European business over a data transfer ban, it appears to be facing similar challenges as its Chinese peers amid the growing regulatory scrutiny over data security.

    By Global Times | 2020/9/24 22:43:35
  • Widening US wealth gap a time bomb for its next administration

    The gap between rich and poor is approaching a tipping point of social unrest in the US, and the recent anti-racism protests and crowd violence in some American cities could just be a reflection of such dangerous development.

    By Global Times | 2020/9/23 21:43:13
  • Huawei job cuts may signal layoff surge in Australia

    Chinese telecommunications giant Huawei will reportedly continue to cut jobs and investment in its Australian business, a development widely seen as the result of the souring ties between China and Australia.

    By Global Times | 2020/9/22 21:54:15
  • Does India's onion crunch signal food shortage risk?

    Just days after an abrupt decision to ban exports of onions, the Indian government is working on an arrangement to relax restrictions and release onion consignments to some of its neighboring countries, according to Indian media over the weekend.

    By Global Times | 2020/9/21 21:25:57
  • No easy task for Thailand to revive tourism in October despite policy easing

    Thailand has become the first Southeast Asian country to relax tourism restrictions introduced during the combat against the coronavirus pandemic. Yet, a series of epidemic prevention and control requirements for tourists show that it is not so easy for Thailand to revive its tourism sector under the threat of an outbreak.

    By Global Times | 2020/9/20 21:38:40
  • Calls for easing China-Aussie economic disputes can't ignore political reconciliation

    Despite the deteriorating China-Australia relationship, there have been calls and wishes for continued bilateral cooperation in economic and trade aspects. On Wednesday, John Howard, former Australian prime minister, said on the sidelines of the Singapore Summit that Australia and China need to find common ground despite their differences because the economic relationship between them is very important.

    By Global Times | 2020/9/17 22:03:42
  • Missing Apple iPhone-12 dodges a tricky timing

    The long-anticipated new iPhone-12 was missing on Apple's Times Flies launch event on Tuesday.

    By Global Times | 2020/9/16 20:25:22
  • US stance may end Arm's neutrality after Nvidia deal

    Amid the persistent push by the Trump administration to "decouple" from China in the technology sphere, the mere possibility that British chip designer Arm may become a US subsidiary is disturbing for not only Chinese technology companies but also a large number of European companies using Arm's technology.

    By Global Times | 2020/9/15 20:31:07
  • Ottawa to blame for 5G compensation fight at home

    The Canadian government and telecommunications operators are set to be locked in a fight over compensation issues for Ottawa's political move that has in fact blocked Huawei equipment from its 5G networks.

    By Global Times | 2020/9/14 21:14:31
  • India's sagging economy urgent than border tensions

    Chinese State Councilor and Foreign Minister Wang Yi met with his Indian counterpart in Moscow on Thursday and reached a five-point consensus that is widely believed will help de-escalate border tensions between the two states.

    By Global Times | 2020/9/13 19:28:02
  • UK's CPTPP bid more symbolic than practical

    The UK has officially opened discussions on a potential accession with chief negotiators from the 11 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the British government announced on Wednesday.

    By Global Times | 2020/9/10 20:29:50
  • US stock turbulence tells rising danger of tech divide

    The US stock market appears to be entering a period of heightened volatility, led by big technology and internet companies, which seem facing greater uncertainty after several months of untethered price surges.

    By Global Times | 2020/9/9 20:14:12
  • China ready to launch global data security initiative

    To address new problems and challenges in an increasingly digital era, China is ready to launch a global initiative to safeguard global data security that welcomes the participation of all parties, Chinese State Councilor and Foreign Minister Wang Yi declared China's effort on Tuesday at a seminar on global digital governance.

    By Global Times | 2020/9/8 20:00:54
  • Loss of Australian exports to China just beginning

    That a cooling off in China-Australia trade relations has arrived comes as no surprise amidst escalating tensions between the two sides, begging a further question: how low can bilateral trade between the countries go?

    By Global Times | 2020/9/7 19:53:57
  • Prague must show goodwill to mend market confidence

    According to media reports, Zuzana Ceralová Petrofová, president of Czech piano maker Petrof, said a customer in Beijing just canceled an order on the grounds that Czech Senate Speaker Milos Vystrcil's recent visit to Taipei city had severely disrupted a normal China-Czech relationship. The cancellation has attracted rising attention among Chinese netizens as some began to suggest it was Beijing's "retaliation" against the Czech Republic.

    By Global Times | 2020/9/6 20:20:06
  • Unsustainable US debt level a cause for concern

    It is no secret that the US national debt is on an unsustainable path, but the question is how far it is from a real debt crisis. The US Congressional Budget Office (CBO) said on Wednesday that federal debt held by the public was projected to reach or surpass the size of the US GDP in the fiscal year that begins on October 1.

    By Global Times | 2020/9/3 20:58:40
  • Indian economy can't back costly border tensions

    India's economy is sinking, but it is perplexing that the Modi government appears more interested in drilling more holes in its economic ship instead of fixing it.

    By Global Times | 2020/9/2 20:59:11
  • Indo-Pacific trilateral supply chain a lame pivot for Australia against China

    The trade ministers of Australia, Japan and India met virtually on Tuesday and agreed to work toward achieving supply chain resilience in the Indo-Pacific region. The ministers instructed their officials to promptly hammer out details for an initiative to strengthen supply chains for launch later this year, according to a joint statement, the NDTV reported.

    By Global Times | 2020/9/1 20:25:05
  • Azevêdo's departure from WTO a reminder of the risks

    Roberto Azevêdo steps down as the director-general of WTO on Monday, Reuters reported, a year before his term is up. His departure should serve as a wake-up call for those complacent about the risks of reversing globalization, which have pushed this multilateral institution to the brink of crisis.

    By Global Times | 2020/8/31 22:02:25
  • Australia is overly sensitive about new beef suspension

    At a time when China-Australia relations are severely strained, mostly resulting from Canberra's ill-intentioned moves to hamstring China, even some non-political decisions by Beijing could be easily interpreted as a tit-for-tat by this country, much to the detriment of bilateral economic ties that urgently need a breath of fresh air.

    By Global Times | 2020/8/30 20:10:21
  • How long can Australia weather economic strains?

    If there is anything more frustrating for Chinese and Australian business circles than the deteriorating relationship between the two countries, then it is the lack of hope that the shadow over bilateral ties would dissipate in the short term.

    By Global Times | 2020/8/27 20:06:17
  • No need for ASEAN to take sides between China, US

    Despite political tensions between the US and China that will likely continue for a while, there is no need for the 10-member Association of Southeast Asian Nations (ASEAN) to take sides.

    By Global Times | 2020/8/26 20:08:23
  • Asia ought to be prepared as India's momentum falters

    The impact of the coronavirus pandemic on the economy of India, Asia's third largest, and its spillover effects are moving in a worrying direction.

    By Global Times | 2020/8/25 21:01:18
  • Canberra can't afford uncertainty over Mengniu

    The fate of a proposed purchase in Australia by Chinese dairy behemoth Mengniu Dairy has caught the attention of Chinese netizens. Despite Australian media reports that the Morrison government will block the A$600 million ($431 million) acquisition of Australian domestic dairy brand Lion-Dairy & Drinks, Mengniu claims that the approval process is ongoing.

    By Global Times | 2020/8/24 20:24:17
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