SOURCE >> Expert assessment

Revolutionary SOE reform taking place

Despite China-US trade tensions and some new skepticism about the direction of China's reforms, state-owned enterprises (SOEs) are set to change radically. A new large-scale reorganization is about to begin, and it could revolutionize the efficiency of the sector and boost overall national growth.
Source: Global Times | 2020/1/9 18:23:40

Yuan set to be strong with or without a trade deal

A prolonged, bitter trade war between China and the US sent the yuan on a roller-coaster ride in 2019. Markets are now breathing a sigh of relief as the Chinese currency had a stable finish in 2019 and continues to gain momentum in 2020.
Source: Global Times | 2020/1/8 13:50:36

Foreign firms that choose China will profit

The year 2020 has begun in economic, political and military turmoil, placing international investors at a crossroads.
Source: Global Times | 2020/1/7 20:03:40

Long-term mechanism key to trade talks

At the beginning of the new year, US President Donald Trump tweeted that a phase one trade deal would be signed at the White House on January 15. He also said he would visit Beijing following its signature, and begin phase two negotiations. It is clear that the world's two largest economies are far from the end of their trade talks, and a global trade pattern has yet to be determined.
Source: Global Times | 2020/1/6 18:33:41

Will China Railway Express boom in 2020?

During the month of December we have celebrated the fifth anniversary of the first cargo train Yiwu-Madrid (China Railway Express). In November of 2014, the Chinese and Spanish Governments both witnessed the longest railway route in the world being born. By then, the company responsible of the initiative, Yixinou, was able to manage one train to one destination. Five years later, we are confident to reach a total number of 500 trains operating to 11 different worldwide destinations departing or arriving in Yiwu, East China's Zhejiang Province.
Source: Global Times | 2020/1/5 18:28:40

Firms welcome foreign investment law

China's foreign investment law took effect at the beginning of 2020. Regulations for the law's implementation, which were published on Tuesday, highlighted the country's desire to protect and promote foreign investment. China's latest endeavor to expand its opening-up has been well received by foreign companies. Increased foreign investment in China is expected.
Source: Global Times | 2020/1/2 22:45:11

More policy easing moves likely in 2020

China's room to maneuver its monetary policy has further expanded and more easing measures can be expected in 2020.
Source: Global Times | 2020/1/1 22:10:59

RRR cut to reduce financing problems for companies

In China's current economic situation, a RRR cut will help better solve corporate financing problems and boost investment to expand production, thereby driving economic growth.
Source: Global Times | 2020/1/1 20:58:40

Liquidity allocation more crucial than RRR cut

There is a possibility that the People's Bank of China (PBC) will cut the reserve requirement ratio (RRR) in January. The possible RRR cut could be similar to the last time in September - overall cut combined with targeted cuts.
Source: Global Times | 2019/12/30 23:01:32

2020 Outlook: No need for pessimism

China's economic slowdown in 2019 was mainly caused by the superposition of trends, cyclical factors and sudden events. Despite some of the causes that still exist in 2020, the economic outlook is not necessarily pessimistic as some cyclical factors will reverse and good results of reform will continue to show up.
Source: Global Times | 2019/12/30 18:53:05

Modi to further push 'Make in India'

Modi's strategy mainly focuses on striving for practical interests on all fronts for India and expanding markets for "Make in India," which is posing impacts on China's Belt and Road Initiative (BRI) and competition with "Made in China."
Source: Global Times | 2019/12/29 20:20:52

US policy on China won't change

There will not be a change in fundamental US policy toward China regardless of the outcome of the election.
Source: Global Times | 2019/12/26 18:08:40

US using 5G scare story to play catch-up

As we move ahead toward 2020, Western nations are creating a new narrative of an enemy that must be contained: the China made 5G network.
Source: Global Times | 2019/12/25 21:19:08

China's faster growth will see yuan go up to 6.0 against dollar

The yuan is likely to appreciate to around 6.8 against the US dollar in three months, and is expected to rise to around 6.0 in three years.
Source: Global Times | 2019/12/25 20:44:08

High-tech decoupling is riskier for US

China and the US have agreed on the terms of a phase one trade deal, taking a step forward that has been long anticipated by the world. To maintain the good momentum, it's imperative for the two countries to be wary of the potential hazards of "decoupling in the high-tech sector."
Source: Global Times | 2019/12/24 19:11:56

China's tariffs cut plan will help India narrow trade deficit

China's new import tariffs cut plan that starts from January 1 will definitely benefit India in narrowing its trade deficit with China. India should learn from China's resolve and endeavor to expand its opening-up despite necessary short-term pains.
Source: Global Times | 2019/12/23 22:13:40

US could benefit from China's lowered tariffs

While China's move on Monday to lower tariffs on hundreds of foreign products are clearly not aimed at the US alone, US businesses, particularly high-tech companies, could benefit greatly from the decision. However, that would require the US government to shift certain policies.
Source: Global Times | 2019/12/23 22:08:40

China's tariff reductions not result of US trade war

While China's decision on Monday to reduce tariffs on more than 850 foreign products may attract special attention given the ongoing trade negotiations between China and the US, it is wrong to view the move, which could benefit many countries around the world, only through the lens of the trade war.
Source: Global Times | 2019/12/23 22:03:40