Economy

Building China into an Agricultural Powerhouse: Xi Jinping’s Vision for Agricultural Modernization

Nahendra Khadka November 8, 2025

Building China into an Agricultural Powerhouse: Xi Jinping’s Vision for Agricultural Modernization

Introduction In the new era, China’s agricultural sector has registered extraordinary progress; yet, it continues to confront numerous and evolving challenges. Against this backdrop, the strategic mission to build China into an agricultural powerhouse stands as far more than a conventional policy initiative; it represents the Communist Party...more

US’ tariff gamble brings Global South closer

Leonardo Attuch August 13, 2025

US’ tariff gamble brings Global South closer

The 50-percent tariff hike imposed by the Trump administration on Brazilian products signals more than a trade dispute: It exposes the erosion of US hegemony and accelerates the consolidation of a multipolar world. By trying to isolate and punish strategic partners in the Global South, the US achieves...more

Side effects of US tariffs on global market stability cannot be ignored

Hu Weijia May 9, 2025

Side effects of US tariffs on global market stability cannot be ignored

The recent fluctuations in South Korea's currency serve as a reminder of the effects of US tariff policies on global financial stability. The latest example is a report by the Yonhap News Agency on Sunday, which attributed the volatility of South Korea's won against the US dollar to...more

The May Day holiday consumption mirrors the breadth and depth of China’s economy: Global Times

Left Review Online May 9, 2025

The May Day holiday consumption mirrors the breadth and depth of China’s economy: Global Times

During this year's May Day holiday, China's consumer market unleashed renewed and robust vitality. Data from the Ministry of Transport shows that, from May 1 to 5, the total cross-regional passenger traffic nationwide is expected to reach 1.467 billion trips, averaging 293 million trips per day - an...more

US homeowners bear brunt of tariffs: Chinese suppliers

GT staff reporters May 9, 2025

US homeowners bear brunt of tariffs: Chinese suppliers

On April 2, the day when the US administration announced its so-called "reciprocal tariffs" affecting more than 180 countries and regions around the world, a merchant surnamed Xiong from Hangzhou, East China's Zhejiang Province, felt perplexed. "It is hard to tell how the tariffs will impact our business...more

Troubled US small businesses highlight severe consequences of tariffs

Hu Weijia May 2, 2025

Troubled US small businesses highlight severe consequences of tariffs

CNN reported on Saturday that the US' 145 percent tariff on China "could crush American small businesses." John Arensmeyer, founder and CEO of Small Business Majority, said that US small businesses will have to raise prices, cut staff, delay growth plans or shut down entirely just to keep...more

Multiple foreign financial institutions upbeat on China market

Left Review Online April 25, 2025

Multiple foreign financial institutions upbeat on China market

China's financial markets are attracting international investors amid growing global economic uncertainty, with multiple foreign financial institutions including Neuberger Berman and DBS Bank maintaining an overweight position on China. "We are maintaining an overweight stance on China," said Raheel Siddiqui, senior analyst of global equity research at New...more

Faced with tariff extortion, appeasement and compromise will only be like ‘bargaining with a tiger for its hide’: Chinese Media

Left Review Online April 25, 2025

Faced with tariff extortion, appeasement and compromise will only be like ‘bargaining with a tiger for its hide’: Chinese Media

Recently, multiple media outlets have reported that the US government plans to use ongoing tariff negotiations to pressure its trade partners, demanding that they limit trade with China in exchange for tariff exemptions. On Monday, in response to a reporter's question, a spokesperson for China's Ministry of Commerce...more

China’s private firms resilient with 7.1% registration growth in Q1

Zhang Yiyi April 24, 2025

China’s private firms resilient with 7.1% registration growth in Q1

China's private sector showed strong resilience in the first quarter of 2025, with new business registrations rising steadily, according to a report released by the State Administration for Market Regulation on Monday. In the first quarter, 1.979 million new private enterprises were registered, up 7.1 percent year-on-year and...more

TSMC’s Arizona fab losses show pitfalls of ignoring market logic

Left Review Online April 24, 2025

TSMC’s Arizona fab losses show pitfalls of ignoring market logic

The substantial losses incurred by Taiwan Semiconductor Manufacturing Co's (TSMC) factory in the US state of Arizona illustrate both the consequences of ignoring market logic and the deep-seated difficulties the US faces in its attempt to forcibly restructure global semiconductor supply chains through political intervention. TSMC's Arizona facility...more

GT Voice: Will fallout from US tariffs affect risk assessment of dollar assets?

Left Review Online April 20, 2025

GT Voice: Will fallout from US tariffs affect risk assessment of dollar assets?

A recent CNBC article spotlighted growing concern among investors regarding a potential exodus from US assets, as both US Treasury debt and the dollar experience a downturn. The April sell-off in financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and...more

GT investigates: Concerns over rise in price of ‘almost everything around’ growing among US consumers under tariff shadow

Lin Xiaoyi and Huang Lanlan April 17, 2025

GT investigates: Concerns over rise in price of ‘almost everything around’ growing among US consumers under tariff shadow

"Though we are unaware of how bad it could get, we are holding our breath for what could come from it." In the heart of Muscatine, Iowa, 21-year-old Katharina Scholze, a full-time nanny, captures the growing unease that has gripped American consumers. "The price of eggs, seafood, sugar,...more

Trade barriers cannot stop economic globalization: Global Times

Left Review Online April 17, 2025

Trade barriers cannot stop economic globalization: Global Times

In recent days, the fallout from the US so-called "reciprocal tariff" policy has continued to intensify: The global financial market has fluctuated, panic buying and hoarding have taken hold among American consumers, and the international community has voiced strong condemnation. All of this once again underscores the unpopularity...more

China’s ‘fight to the end’ is backed by strong confidence: Global Times

Left Review Online April 16, 2025

China’s ‘fight to the end’ is backed by strong confidence: Global Times

On Thursday, China's countermeasures against the US took effect. China's Ministry of Foreign Affairs, Ministry of Commerce, and other departments once again issued a series of statements reiterating China's firm stance that, while China does not want to fight these tariff and trade wars, it is not scared...more

GT Voice: In face of US tariff bullying, China stands up to defend multilateralism

Left Review Online April 15, 2025

GT Voice: In face of US tariff bullying, China stands up to defend multilateralism

In the face of the US bullying behavior by using tariffs as a weapon to exert "maximum pressure" on all trading partners, China has firmly upheld the rules-based multilateral trading system by taking countermeasures, demonstrating its commitment as a responsible major country in maintaining fairness and justice in...more