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BUSINESS >>Eye on The Economy

Quitting Chinese market will be suicide for US firms

US President Donald Trump has ordered US companies to “immediately start looking for an alternative to China.” If US firms obey his dictate, such actions will have serious consequences.
Source: Global Times | 2019/8/25 21:25:29

Electricity suffers as India errs on BRI stance

Priyavrat Singh, energy minister of India's Madhya Pradesh state, faced some embarrassing moments recently as the lights went out while he was telling reporters about the achievements that have been ...
Source: Global Times | 2019/8/22 21:13:39

Greenland interest exposes US rare-earth deficit

US President Donald Trump's interest in buying Greenland, the autonomous territory of Denmark, has been making headlines.
Source: Global Times | 2019/8/21 20:03:47

HK should embrace role in nation's economic destiny

The Chinese Academy of Sciences, China's highest academic institution in natural sciences, has recently built a research center in the Macao Special Administrative Region (SAR) for the study and innovation ...
Source: Global Times | 2019/8/20 21:03:41

North Asian FTA can ease impact of US protectionism

Top diplomats of China, Japan and South Korea are scheduled to meet on Wednesday in Beijing as the Tokyo-Seoul trade dispute adds uncertainty to the regional economy.
Source: Global Times | 2019/8/19 20:33:40

India can't resolve Kashmir without economic ideas

New Delhi has been rewriting its policy on India-controlled Kashmir, but it seems to forget that economic support is urgently needed to safeguard regional stability.
Source: Global Times | 2019/8/18 20:20:47

Trump's tariffs mean a less merry Christmas in US

If China plays the card of the holiday economy to hit back on the US in the trade war, Americans may have an unforgettable Christmas this year with price hikes ...
Source: Global Times | 2019/8/15 20:43:40

Beijing won't abandon HK economy despite US threats

At a sensitive moment during the US-launched trade war, which has already wreaked havoc on the world economy, it's extremely dangerous to make Hong Kong a part of the China-US ...
Source: Global Times | 2019/8/14 20:48:41

US farmers face permanent loss of soybean market

Thanks to the US-launched trade war, China is turning to Russia for soybean supplies. Some American farmers consider this to be a temporary plan to fill the gap left after ...
Source: Global Times | 2019/8/13 20:38:24

Brazil can leverage Huawei investment in race to 5G

China's telecom giant Huawei is considering building an $800 million plant in Brazil, the world's fourth-largest smartphone market. Huawei can help Brazil gain ground in the race to the forefront ...
Source: Global Times | 2019/8/12 19:28:40

Companies shouldn't be cannon fodder in trade war

HSBC has said that its greater China chief executive Helen Wong was resigning from the bank, adding fuel to speculation that the bank had provided information to help US prosecutors ...
Source: Global Times | 2019/8/11 20:08:39

India's move on Kashmir to have far-reaching impact

The Indian government's decision to scrap the special status of Jammu and Kashmir could have disastrous consequences for Kashmir's economy.
Source: Global Times | 2019/8/8 20:07:04

Beijing watching India closely for stance on Huawei

If India blocks Chinese telecom giant Huawei from doing business in the country, it can only be seen as a signal by New Delhi that it's taking sides in China-US ...
Source: Global Times | 2019/8/7 20:18:41

Yuan's trend shows Beijing has initiative in trade war

The US decision to label China a so-called currency manipulator is likely to push the yuan's ongoing internationalization.
Source: Global Times | 2019/8/6 21:13:40

Escalating tariffs will lead to further yuan depreciation

The yuan's sudden slump against the US dollar on Monday added fuel to speculation that China's central bank is allowing currency depreciation to cushion threatened US tariffs.
Source: Global Times | 2019/8/5 21:38:40

Trump's tariff tactics only erode American Dream

Ceding the top position to Mexico in US trading partner rankings will have only a trifling impact on China, whose manufacturing prowess remains unparalleled.
Source: Global Times | 2019/8/4 19:53:40

Currency war can only lead to collapse of US dollar

The US Federal Reserve on Wednesday cut its target range for the federal funds rate by 25 basis points (bps), even as the US economy enjoys the longest expansion on ...
Source: Global Times | 2019/8/1 21:13:40

Travel ban just one of many options involving Taiwan

The trial run of a program under which residents from 47 mainland cities can visit Taiwan as individual tourists will be suspended starting on Thursday. The mainland-based Association for Tourism ...
Source: Global Times | 2019/7/31 21:58:41

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