Tag: #Economy

Chinese consumers show less trust, favor toward US products: Survey

GT Staff Reporters August 03, 2020

Chinese consumers show less trust, favor toward US products: Survey

The US has become the country where Chinese consumers' preference for its products and brands has dropped the most amid the rising tensions between the world's two largest economies, a Global Times survey showed Tuesday. Based on online questionnaires of 1,800 respondents from July 17-24, the survey showed...More

China’s SMEs recovering: Survey

GT Staff Reporters July 29, 2020

China’s SMEs recovering: Survey

China's small and medium-sized enterprises (SMEs) are bouncing back from the coronavirus, according to a survey Standard Chartered sent to the Global Times on Tuesday. The survey of hundreds of SMEs across China suggests that SMEs' business activity continued to improve in July despite severe flooding in central...More

President Xi: Stimulating market entities

GT staff reporters July 28, 2020

President Xi: Stimulating market entities

Chinese President Xi Jinping chaired a meeting with entrepreneurs in the country on Tuesday, urging efforts to stimulate the vitality of market entities, promoting entrepreneurship, and of "doing everything possible" to protect market players under unprecedented pressure caused by the pandemic. According to a report from CCTV, Xi...More

US should not ‘commit suicide’ by pushing decoupling with China

GT staff Reporters June 17, 2020

US should not ‘commit suicide’ by pushing decoupling with China

A looming steep US recession is sending a warning to Washington to rekindle its relations with Beijing and avoid "committing suicide" by pushing a decoupling between the world's two largest economies, experts said. Amid the coronavirus outbreak and raging protests, the world's largest economy is in earnest need...More

High-quality transformation in China’s economy attracts international interest

Huang Ge June 08, 2020

High-quality transformation in China’s economy attracts international interest

Chinese and foreign firms are showing increasing enthusiasm toward China's new infrastructure plan as it accelerates the move toward new emphases and is expected to bring new drivers for the economy and help hedge against the fallout of the coronavirus outbreak. Chinese tech giant Tencent recently announced it...More

Covid-19 and Upcoming Fiscal Budget of Nepal

Nabin Khanal May 25, 2020

Covid-19 and Upcoming Fiscal Budget of Nepal

The budget session of the Federal Parliament of Nepal for the upcoming budget for the fiscal year 2077-78 is summoned. It is necessary to discuss the principles of budgets in the parliament as per the constitutional and legal provisions. Expectations are higher as the is government planning to...More

How should China deal with regional challenges toward its rise?

Left Review Online May 24, 2020

How should China deal with regional challenges toward its rise?

Editor's Note: As East Asia's largest economy, China encounters economic competition from regional powers such as Japan and India. It also faces US hegemonic aggression. These pressures lead to profound questions. How can China balance them to continue its rise? Is Japan or India a bigger threat in the...More

China achieves all 2019 quantitative targets, but tough tasks lie ahead

Ma Jingjing May 24, 2020

China achieves all 2019 quantitative targets, but tough tasks lie ahead

As China's annual "two sessions" will kick off on Thursday, the State Council, the country's cabinet, revealed on Tuesday that all the 38 quantitative targets listed in the 2019 government work report have been achieved. For major economic goals, last year's government work report set a GDP growth...More

Issues to be settled for East Asia to stabilize industrial chain

Zhang Yansheng May 18, 2020

Issues to be settled for East Asia to stabilize industrial chain

All three major production networks in the world - East Asia, North America and Europe - have encountered economic fallout from the deadly COVID-19. Regions more deeply involved in globalization with more complex technique requirements and closer international divisions of labor are being hit harder by the virus....More

China’s aviation transport plunges over 60% in April: CAAC

Left Review Online May 17, 2020

China’s aviation transport plunges over 60% in April: CAAC

Beijing. Both cargo and passenger transportation in China's aviation sector plunged over 60 percent year-on-year in April as the global COVID-19 pandemic continues to rage, though the decline narrowed with Chinese economic and social activities on a recovery trajectory, official data showed on Wednesday. The country's aviation industry...More

Urgent need for a new financial system during COVID-19 pandemic

Maria Haro Sly and Pablo de las Heras May 17, 2020

Urgent need for a new financial system during COVID-19 pandemic

Argentina is near a new default of "its" debt. It is "its" debt because the debt cycles in Argentina - like in most of the developing countries - are always a complex process of facts in which injustice are most of the time the rule. In the enormous...More

Unseating China from global supply chains ‘pie in the sky’

Left Review Online May 12, 2020

Unseating China from global supply chains ‘pie in the sky’

The Trump administration's intent to unseat China as the mainstay of global supply chains may be just pie in the sky, observers said, noting that China ought to open its economy even further while driving indigenous innovation to propel growth. The Trump administration is pushing to rip global...More

COVID-19 spread in emerging markets brings in new round of shocks to global economy

Left Review Online May 11, 2020

COVID-19 spread in emerging markets brings in new round of shocks to global economy

As the coronavirus pandemic is seeing an accelerating situation in emerging markets, the third round of hits to the global economy is shaping up and emerging market economies will encounter tougher challenges. Although the spread of the COVID-19 has seen flattened curves in Europe and the US, with...More

Xi-endorsed fungus reaps 3 million yuan online sales in his Shaanxi visit

Left Review Online May 06, 2020

Xi-endorsed fungus reaps 3 million yuan online sales in his Shaanxi visit

Beijing. Li Xuying, a 20-something livestreaming sensation based in Zhashui, a small county deep in the Qinling Mountains in Northwest China's Shaanxi Province, has never imagined she would see 420,000 viewers from across the country rush into her livestream all at once and buy up her entire stock...More

All I can say is things are getting better – GT Investigation

Left Review Online May 02, 2020

All I can say is things are getting better – GT Investigation

Editor's Note: This is part II of a multi-part series of the Global Times' investigation into the severity of unemployment issues in China in the wake of the COVID-19 epidemic and the newspaper's response to claims of some foreign media that social unrest in China might be imminent. Just...More