Economy

Aussie farmers could be sacrificed under US coercion

Yu Lei September 10, 2020

Aussie farmers could be sacrificed under US coercion

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

China at global forefront in developing digital currency applications

Left Review Online September 1, 2020

China at global forefront in developing digital currency applications

The People's Bank of China (PBC), the central bank, is preparing for a digital currency, with various tests proceeding in different regions of China as the country develops more digital currency applications. Sun Guofeng, an official with the PBC, said Tuesday at a regular press conference that the...more

Tariff battle with China will backfire on India, all-out trade war unlikely: Analysts

Chi Jingyi and Zhang Dan August 30, 2020

Tariff battle with China will backfire on India, all-out trade war unlikely: Analysts

India's overconfidence in its economic strength and its many challenges against Chinese enterprises will hurt itself more in the longer term amid bilateral tensions and the ongoing COVID-19 pandemic, analysts warned, adding that a tit-for-tat tariff war was unlikely. Such comments came after a report by the Hindustan...more

China and US chief trade negotiators hold talks, agree to push for phase one deal

Chu Daye August 27, 2020

China and US chief trade negotiators hold talks, agree to push for phase one deal

The phone call made on Tuesday by chief trade talk negotiators from China and the US and the ensuing announcements showed that there is still enough will from the two sides to implement the phase one trade deal, despite doubts that the deal might be on shaky ground...more

China and the prospects for Latin American recovery

Jorge Heine August 23, 2020

China and the prospects for Latin American recovery

The 3rd China-LAC Foreign Ministers Forum is not due until January of 2021. But in July, Chinese State Councilor and Foreign Minister Wang Yi co-hosted with Mexican Foreign Secretary Marcelo Ebrard, the pro tempore chair of the Community of Latin American and Caribbean States (CELAC), a teleconference with...more

Tibetan livelihood better off relocated from barren land with help of the government

Xie Wenting August 23, 2020

Tibetan livelihood better off relocated from barren land with help of the government

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

Party members play leading role in building new homes on the plateau

Xie Wenting in Nagqu August 21, 2020

Party members play leading role in building new homes on the plateau

"If you meet any problems, go find Party members." This is a common saying in Duoerge village in Nagqu, Southwest China's Tibet Autonomous Region. In the arduous fight against poverty, Party members in the village are mobilized to play the leading role and they showed the spirits of...more

90% Chinese netizens disfavor US amid tensions, support strong retaliation against US: GT online survey

Yang Sheng August 15, 2020

90% Chinese netizens disfavor US amid tensions, support strong retaliation against US: GT online survey

Beijing. Retaliation measures enforced by the Chinese government in response to US provocations are overwhelmingly supported by the public, and increasingly more Chinese people disfavor the US amid the recent spate of unprecedented tensions since the two countries established diplomatic ties in the late 1970s, a survey showed...more

Cuba and the United Nations signed the UN Framework Cooperation Agreement

Abel Gonzalez Alayon August 15, 2020

Cuba and the United Nations signed the UN Framework Cooperation Agreement

Havana, Aug 13. Cuba and the United Nations System (UNS) signed Thursday the United Nations Framework for Cooperation for Sustainable Development, which will guide the support of the different agencies, funds and programs over the next four years. Rodrigo Malmierca, head of the Foreign Trade and Foreign Investment...more

US’ ‘mafia-style tactic’ on TikTok strips last layer of decency

Wang Cong August 10, 2020

US’ ‘mafia-style tactic’ on TikTok strips last layer of decency

US President Donald Trump's latest move to force China-based ByteDance to sell its video-sharing app TikTok to a US company and pay the US government a share of the transaction has been derided by many in China - experts and ordinary citizens alike - as "naked robbery" using...more

TikTok buyout ‘a ruse’ to take down Facebook’s rival: Insiders

GT staff reporters August 8, 2020

TikTok buyout ‘a ruse’ to take down Facebook’s rival: Insiders

The plan to force TikTok US business to be divested could be a ruse for the US government and tech giants including Facebook to take down the short video platform and allow Facebook to fill the void, industry insiders told the Global Times Tuesday. US President Donald Trump...more

US unlikely to see V-shaped recovery before election

Song Guoyou August 4, 2020

US unlikely to see V-shaped recovery before election

With the highest number of confirmed COVID-19 infections in the world, the US is unlikely to see the V-shaped economic revival which the Trump administration is eager to achieve, as the 100-day countdown to the November 3 presidential election draws near. Even before the onset of the pandemic,...more

US-listed Chinese companies to accelerate homecoming

Dong Shaopeng August 4, 2020

US-listed Chinese companies to accelerate homecoming

Whether or not US-listed Chinese companies should return to Chinese stock markets now seems to be an issue of concern as the bilateral tensions elevate, and risks keep accumulating in the US financial system. A homecoming trend led by Chinese tech giants is set to accelerate. The US...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