GT staff reporters September 30, 2020
On Saturday morning, lines of container lorries were waiting to discharge cargo at the Shanghai International Port (Group) Co (SIPG), while there were also many empty trucks and ships ready to load goods. Transport vehicles were moving around frequently, and about three or four cargo ships of super-large...More
With China's irreplaceable industry chains and unshakeable US demand, decoupling from China is just political talk by US President Donald Trump, which is not a workable plan, business representatives from China's manufacturing sector in South China's Guangdong told the Global Times. US companies still see China, especially the...More
After months of reckless attempts to smear China amid the deadly COVID-19 pandemic, Australia witnessed its first recession in nearly 30 years. Its farm sector, with a large population, has seen confidence continue to slide as the pandemic spreads and international market concerns grow. The mounting discontent among...More
Commsat, a Chinese commercial space start-up, announced Tuesday that it has started to build a satellite factory in China with annual production of more than 100 satellites, which will weigh more than 100 kilograms each. The program, in Tangshan, North China's Hebei Province, marks the first major project in the...More
Indian officials and media outlets have been hyping up tensions with China both on the border and in trade and investment, but the latest official data might have revealed a deeper problem for the populous country and its Prime Minister Narendra Modi: its virus-stricken economy. Data from the...More
Late Monday night, almost all the interior lights were on at a 50-story skyscraper in the Nanshan district of Shenzhen, South China's Guangdong Province. The headquarters of Chinese tech giant Tencent Holdings, has become a vivid display of how the city can grow into a new Silicon Valley...More
Jiaqu could barely speak any Putonghua, the standard Chinese national language, but he was eager to share with the Global Times reporter his excitement and gratitude for moving to his current home. "I never dreamed that I would one day live in such a nice home," Jiaqu said...More
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 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
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
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
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
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
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
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