BIZ >> Expert assessment

Has the Chinese economy hit its low point at 6.4% growth?

China's GDP rose 6.4 percent in the first quarter, matching the fourth quarter of last year. The market has reached the bottom earlier than expected in the beginning of 2019, and the economy also has hit its low point. However, in both the long and short run, the economic revival has been lackluster.
Source: Global Times | 2019/4/21 21:13:39

International energy market uncertainties may complicate the Fed's interest rate decision

The US Federal Reserve changed its hawkish stance in the March Fed meeting by signaling no rate hikes this year. Moreover, even US President Donald Trump and his top economic advisor Larry Kudlow have been calling on the Fed to cut interest rates these days.
Source: Global Times | 2019/4/18 16:30:01

China's economy is regaining traction, thanks to stimulus, technology investment, BRI

Following careful and substantive fiscal and monetary pump-priming, China's economy is regaining traction, as the country's newest statistics reported cozy 6.4 percent GDP growth for the first three months of 2019. A massive stimulus package, increasing investment and output of high-tech industrial lines have fired up the once sputtering engine.
Source: Global Times | 2019/4/17 21:38:40

Trump's 5G remarks ignore the internet's spirit of openness, sharing and innovation

In this 5G competition, China has many advantages that we didn't have in the past, such as the technical experience of Huawei and ZTE in equipment, more than 800 million internet users, and internet giants like Baidu, Alibaba and Tencent.
Source: Global Times | 2019/4/16 21:43:41

BRI creates new Asian paradigm for global economic integration and inclusiveness

The world has been closely following the Belt and Road Initiative (BRI) since it was announced in 2013. The idea started with developing a platform and financial mechanisms that would integrate developing nations into China's drive for a more cohesive economic policy and build much-needed infrastructure that developing nations need to make the jump to the fifth industrial revolution and take part in the 21st century economic framework.
Source: Global Times | 2019/4/15 20:33:40

Trump's 'epic' trade deal tied to reelection calculation

Although the US and Chinese governments both claimed they are nearer to clinching a trade deal and putting a year-long tariff war behind them, the world probably has to wait for a few more weeks, if not months, before the two superpowers sit down and put ink on paper. The world ought to have the patience to see how the protracted tussle will play out.
Source: Global Times | 2019/4/14 20:33:39

Trump's 'epic' trade deal tied to reelection calculation

Although the US and Chinese governments both claimed they are nearer to clinching a trade deal and putting a year-long tariff war behind them, the world probably has to wait for a few more weeks, if not months, before the two superpowers sit down and put ink on paper. The world ought to have the patience to see how the protracted tussle will play out.
Source: www.9p6t.com.cn | 2019/4/12 22:32:49

More China-EU deals will bring prosperity but require time, trust and hard work

This week has seen China and the EU come together at a landmark summit that featured discussion at the highest level about how the flow of goods, services and capital between the two economic superpowers can benefit both sides. This is a sensitive subject. The backdrop of testy China-US trade talks and European governments' increased scrutiny of Chinese interest in strategically sensitive sectors are certainly dark clouds, but between them there is sunlight and hope for common ground.
Source: Global Times | 2019/4/11 20:28:13

Will Vietnam become the next 'world's factory' as production moves away from China?

The Vietnamese economy has been touted as a major beneficiary of the US-China trade war as companies are reportedly relocating factories to Vietnam to rebuild their supply chains. Whether the Southeast Asian country can replace China to become the next “world's factory” has become a hot topic of discussion.
Source: Global Times | 2019/4/9 20:03:40

Tougher regulations needed to stave off risks haunting Chinese online financing platforms

As a growing number of internet financing platforms get shut down for their inability to pay back investors, so macro oversight must be stepped up in order to stave off accumulating risks that may hamstring the security and stability of the country's financial system.
Source: Global Times | 2019/4/8 20:28:41

Ice Silk Road framework welcomed by countries, sets new direction for Arctic cooperation

Since the end of the Cold War, and especially since the beginning of the new century, the Arctic has become one of the concerns of international politics and global governance. At present, with the Arctic region facing some new trends, Arctic governance and cooperation have been struggling to move forward.
Source: Global Times | 2019/4/7 21:23:39

Ice Silk Road sets new direction for Arctic cooperation

Since the end of the Cold War, and especially since the beginning of the new century, the Arctic has become one of the concerns of international politics and global governance. At present, with the Arctic region facing some new trends, Arctic governance and cooperation have been struggling to move forward.
Source: Global Times | 2019/4/6 9:30:29

Why is Malaysian Prime Minister considering buying fighter jets from China instead of EU?

While many may think that Mahathir is bargaining with the EU, with China unwittingly being the bargaining chip, I don't think that's the case. Mahathir is unlikely to say something without thinking.
Source: Global Times | 2019/4/3 17:28:40

German business enthusiasm for Belt and Road Initiative to prompt pragmatism from Berlin

German business circles have shown growing enthusiasm toward the Belt and Road Initiative (BRI), even though the German government is still wrangling over the infrastructure-building initiative.
Source: Global Times | 2019/4/2 21:23:40

It's not a bad thing if European economies start embracing industrial policies again

Many Western media have recently reported that the EU is embracing industrial policy again, saying that the EU is inclined to accept the French proposal to carry out European industrial policies to reinvigorate its industry and strengthen the foundation of Europe's economic recovery.
Source: Global Times | 2019/4/1 21:33:40

Europe needs to focus on technological development instead of caving to the US

Wary of losing its economic predominance to China, the US government has been on the offensive to challenge China on trade, future technologies, and investment. The assault could intensify if politicians in Washington see weakness in China's resolve to fight back.
Source: Global Times | 2019/3/31 18:38:40

With high dependency on imported oil, China needs to continue strategic petroleum reserve buildup

According to a recent blueprint report on China's oil and gas industry for year 2018-19, the nation's apparent oil consumption reached 648 million tons in 2018, up 6.95 percent compared with the previous year, while China's net imports of crude oil rose 10.9 percent year-on-year to 460 million tons. The report also said that China's dependency on imported crude oil was approaching 70 percent last year.
Source: Global Times | 2019/3/28 20:13:40

China and Kazakhstan to embrace new stage of ties

The last several years have been a defining period in the development of relations between Kazakhstan and China. Never before have our two nations embarked on such an ambitious and globally important project as the revival of the ancient Silk Road. Since independence, Kazakhstan has strongly believed in enhancing international trade and facilitating greater business ties with its closest neighbors. For this reason, Kazakhstan's first President Nursultan Nazarbayev pursued open market policies that facilitated and enhanced global trade, not just in the region, but around the world.
Source: Global Times | 2019/3/28 18:18:43

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