SOURCE >> Expert assessment

Will China 'suffer' following recent Vietnam-EU FTA?

Vietnam's National Assembly recently ratified the European Union Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), aiming to eliminate almost 99 percent of customs duties between Vietnam and the EU over the next 10 years.
Source: Global Times | 2020/6/11 21:54:38

When will Chinese tourists return to international destinations?

After months of border closures due to COVID-19, the Maldives has announced it will reopen to foreign travelers from July 1. Greece has also announced it will open to tourists, accepting people from 29 countries including China from June 15. As more and more popular destinations reopen their borders, will Chinese tourists return?
Source: Global Times | 2020/6/11 16:50:14

China doesn't need Western high-liquidity stimulus plans

China has announced its annual macro-economic policy outline, which recommends implementing the policy focused on people's livelihoods and employment, rather than Western countries' large-scale stimulus plans.
Source: Global Times | 2020/6/10 21:02:14

What lies behind the UK's changing attitude toward China?

The relationship between China and the UK has seen vital change since the outbreak of the novel coronavirus. Media reports have noted that the UK government led by British Prime Minister Boris Johnson is clearly changing its attitude toward China. Rising concerns noted that the golden era of China-UK ties may have ended.
Source: Global Times | 2020/6/9 22:29:57

Western nations must end geopolitical tricks over Africa's 'debt issue'

Facing the heavy blow and severe uncertainty caused by COVID-19, European countries and the US should abandon their geopolitical considerations and think beyond ideology. They should cooperate with all powers who are willing to support Africa in an inclusive mindset.
Source: | 2020/6/9 2:50:52

Which countries will benefit the most from China's Hainan master plan?

China's milestone announcement of its master plan to build the southern island province of Hainan into a world-class free trade port is a key link in its efforts toward a new pattern of comprehensive opening-up. The strategic plan for the next decades aims to build high-standard open trade mechanisms rather than only promote trade and investment facilitation. It's bound to create golden opportunities for ASEAN and Belt and Road Initiative (BRI) countries to boost their economic growth despite rising protectionism and uncertainty.
Source: Global Times | 2020/6/9 0:01:53

Advice for overseas Chinese firms in hostile climate

Alongside the growth of China's export-oriented economy, expanding overseas investment has become an important way for enterprises to participate in international economic cooperation, as well as remaining an internal requirement for firms developing internationally.
Source: Global Times | 2020/6/8 23:14:33

Can Washington expand G7 in anti-Beijing move?

The US, this year's host country for the G7 summit, reportedly intends to form a "G11" by inviting South Korea, Australia, Russia and India to attend the meeting that has been postponed until at least September. But how well the US has maintained its global leadership capacity is in question, as is whether or not it will be able to use the summit as a platform to promote its anti-China agenda.
Source: Global Times | 2020/6/4 21:06:40

India must be wary of extreme anti-China sentiment spreading to sci-tech areas

The trending app in India called "Remove China Apps" has been pulled from the Google Play Store two weeks after its launch, said its developer on Wednesday. The developing story shows that extreme anti-China sentiment is surging again in the South Asian nation alongside recent border tensions.
Source: Global Times | 2020/6/4 16:12:42

Yuan exchange rate regime reform benefits HK economy

reforming the yuan's exchange rate mechanism and gradually loosening capital flows are not only beneficial to the opening-up of the Chinese mainland and the outflow of Chinese capital, but are also of great significance to Hong Kong's real economy.
Source: Global Times | 2020/6/4 0:00:24

Will Hainan's free trade port replace HK?

China on Monday unveiled a mega project to build its largest-yet special economic zone in South China's Hainan Province into a world-class free trade port, with one of its major focuses on escalating the development of its financial market. Given that the Hong Kong Special Administrative Region has served as China's largest free trade port but is now being threatened by the US with revocation of its special privileges, there are rising concerns that Hong Kong's future status and role are under a cloud, and the city may even be replaced by Hainan.
Source: Global Times | 2020/6/2 22:39:07

BRI in line with India's long-term development

The long-term economic development of India, an important developing country in the Asia-Pacific region, is in line with the China-proposed Belt and Road Initiative (BRI), which aims to promote shared development of countries and regions. With its infrastructure investment, the BRI could offer a great opportunity for India, which needs to shore up infrastructure in order to lure foreign investment and boost industrial development.
Source: Global Times | 2020/6/2 12:13:40

Will unrest in Minnesota help Trump get reelected?

Before the COVID-19 outbreak, US President Donald Trump was almost certain to be reelected in 2020. He saw no challenger in the Republican Party and the Democratic Party was busy tackling fierce internal strife.
Source: Global Times | 2020/6/1 22:20:25

Japan, S.Korea's dilemma set up by Washington

South Korea's dilemma set up by the US has emerged as its Foreign Minister Kang Kyung-wha recently attended a diplomatic strategy meeting with a major focus on the US-initiated project named Economic Prosperity Network aiming to restructure global industrial chains post-pandemic to reduce their reliance on China's manufacturing.
Source: Global Times | 2020/6/1 21:34:51

How should Chinese govts tighten its belt for a tough fiscal year?

China's newly released Government Work Report has made clear that governments at all levels must tighten their belts to lead a prudent fiscal year amid economic pressure caused by the coronavirus pandemic.
Source: Global Times | 2020/5/28 21:43:40

Why the US is intensifying its attack on the UK over Huawei

The connections may not immediately seem evident between COVID-19, Brexit, and the new intensified drive by the US to try to force Britain to cut Huawei out of its 5G network. But they immediately become clear when the present economic, and therefore geopolitical, consequences of the US and UK governments' catastrophic errors in mishandling COVID-19 are understood.
Source: Global Times | 2020/5/28 18:33:40

Covid-19 deaths hit 100,000: a monstrous failure of the US system

The grim COVID-19 death toll in the US has now hit 100,000, and fatalities are very likely to climb higher, reaching 150,000 or even a staggering 200,000, if the current US government continues to overlook American lives and avoid its responsibility.
Source: Global Times | 2020/5/28 13:53:40

How do experts view financial conflict of top two economies?

Global investors are concerned that the US might start a "financial war" with China. In interviews with the Global Times, two Chinese economists noted that although a comprehensive financial war is not likely, conflicts is inevitable due to US politicians' political schemes, which will hurt China but will also damage US financial sectors.
Source: Global Times | 2020/5/27 23:14:01

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