Economy

India-Australia closeness draws attention

Qian Feng July 27, 2020

India-Australia closeness draws attention

Driven by changes in international and regional affairs, the "Quad" mechanism of the US, India, Japan, and Australia has attracted much attention from all parties, and has taken on new courses of actions. Following the signing of the Australia-India Mutual Logistics Support Arrangement in June, New Delhi announced...more

Xinjiang industrial park puts chip test lines into operation

Left Review Online July 20, 2020

Xinjiang industrial park puts chip test lines into operation

Operations have begun at 5,000 semiconductor test production lines with a total investment of 10 billion yuan ($1.42 billion) in Horgos, Northwest China's Xinjiang Uygur Autonomous Region. Experts believe these facilities will create more opportunities to boost the regional advancement of the semiconductor sector. The Horgos Sanyou Fuxin...more

Travel search volumes surge 500% as Chinese group tours resume

Left Review Online July 20, 2020

Travel search volumes surge 500% as Chinese group tours resume

Search volumes for group tours and self-guided travel skyrocketed by 500 percent after China announced Tuesday to resume group tours across the country, while overseas tours remain suspended, data from travel agency Trip.com showed. China's Ministry of Culture and Tourism issued a circular on Tuesday resuming group tours...more

London’s Huawei decision ‘turning point’ for China-UK ties: Analyst

Shen Weiduo and Zhang Hongpei July 19, 2020

London’s Huawei decision ‘turning point’ for China-UK ties: Analyst

The UK's move to ban Huawei may further sour strained China-UK political ties, largely reduce personnel exchanges, and most likely prompt Beijing to take reciprocal measures against London's discriminatory policy, Chinese observers said. The UK's mobile providers are being banned from buying new Huawei 5G equipment after December...more

Do China-India relations need a reset?

B R Deepak July 10, 2020

Do China-India relations need a reset?

Editor's Note: It has been two weeks since the clash between Indian and Chinese troops at the border. Despite Indian Prime Minister Narendra Modi's acknowledgment that no troops intruded into the Indian side of the border, there has been sweeping nationalism in India that has led to the boycott...more

Indian ban on Chinese apps will backfire on tech sector

Left Review Online July 7, 2020

Indian ban on Chinese apps will backfire on tech sector

Analysts said that the Indian government's ban on 59 apps developed by Chinese companies will hurt India's technology and internet start-ups as they lose Chinese investment. On Monday, India announced it would ban the apps over national security concerns. "The compilation of these data, its mining and profiling...more

Neither divorce nor decoupling realistic in China-US relations

Ling Shengli July 5, 2020

Neither divorce nor decoupling realistic in China-US relations

Voices in China and the US are talking past each other - with hot language of decoupling and divorce. Thomas L. Friedman, an opinion columnist for The New York Times, recently suggested that, "the real story is that the US and China are heading for a divorce" and...more

Can India’s fragile economy survive its own ‘boycott China’ campaign?

Left Review Online June 30, 2020

Can India’s fragile economy survive its own ‘boycott China’ campaign?

(Editor's Note: Since the deadly clash between Chinese and Indian troops in the Galwan Valley on June 15, hyper-nationalism appear to have taken over India, where calls for boycotting Chinese products and footage of Indian citizens destroying TV set have been dominating social media. In China, very few take...more

‘Boycott China’ T-shirts and caps in India were not made in China: Insiders.

Huang Lanlan June 24, 2020

‘Boycott China’ T-shirts and caps in India were not made in China: Insiders.

Beijing. Online gossip has been spreading that some Chinese manufacturers have been caught selling hats, tees, and banners with anti-China slogans such as "Boycott China" to India; however, this is very likely faked, the Global Times found. In fact, Chinese laws and regulations prohibit the export of products...more

Will China ‘suffer’ following recent Vietnam-EU FTA?

Xu Liping June 22, 2020

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. Media has reported that the spread of COVID-19 is...more

Shameful for Canada, UK to follow US on Huawei

Left Review Online June 22, 2020

Shameful for Canada, UK to follow US on Huawei

A secret report from the Canadian Security Intelligence Service (CSIS), released recently among other court documents, indicated that there was advanced communication between the CSIS and the US FBI ahead of the December 2018 arrest of Huawei executive Meng Wanzhou at Vancouver International Airport. In response, Chinese Foreign...more

US firms to cooperate with Huawei on 5G standards

Ma Jingjing June 21, 2020

US firms to cooperate with Huawei on 5G standards

The US Department of Commerce announced a new rule on Monday allowing US companies to cooperate with Chinese technology company Huawei on 5G telecom standards. Analysts said the move shows that the US has realized the cost of refusing to cooperate with the world's largest patent contributor to...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

Will agricultural buys be weather vane of China-US trade deal?

Left Review Online June 8, 2020

Will agricultural buys be weather vane of China-US trade deal?

The prospects of the phase one trade deal have never been more puzzling. Right after media reports said that the Chinese government had told major state-run agricultural companies to halt purchases of US farm goods including soybeans and pork, state-owned companies reportedly purchased three cargoes of US soybeans...more