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During Nepalese Prime Minister Khadga Prasad Sharma Oli's visit to China from Monday to Thursday, he reaffirmed Nepal's commitment to actively engaging in the Belt and Road Initiative (BRI). In May 2017, China and Nepal signed a Memorandum of Understanding (MoU) on bilateral cooperation under the framework of the BRI. Seven years on, cooperation through the BRI has deepened, further boosting bilateral economic growth. This strengthened cooperation is set to inject fresh momentum into the development of a multi-dimensional connectivity network across the Himalayas, with the potential to profoundly reshape trade networks throughout Asia.
By Hu Weijia | 2024/12/5 23:55:26
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  • GT Voice: Deepening reliance on US risks Taiwan island's economic future

    It seems that some US politicians have become increasingly inclined to exploit the island of Taiwan's reliance on Washington in an attempt to gain both geopolitical and economic interests from this strategic pawn. However, this deepening reliance could potentially expose the Taiwan region to greater risks in the future, making it more easily fall victim to America's pursuit of its own economic and strategic interests.

    By Global Times | 2024/12/5 23:45:09
  • GT Voice: Global investors' interest shows confidence in China's economy

    Global investors are treasure-hunting in China's undervalued capital markets. On Monday, Wall Street traders spent approximately $55 million to buy call options on a leveraged ETF tracking the benchmark CSI 300 Index, which tracks the top 300 shares on the Shanghai and Shenzhen stock exchanges, the Shanghai Securities News reported on Tuesday. Typically, the trading volume of long options on the CSI 300 Index on Wall Street is significantly lower than this figure.

    By Global Times | 2024/12/5 0:10:53
  • Projects funded by US should aim for sustainable devt, not zero-sum competition

    US President Joe Biden is visiting Angola this week, showcasing the Lobito Corridor project, which is reportedly a multi-billion US dollar investment aimed at building a railway connecting the Angolan port of Lobito to the city of Kolwezi in the Democratic Republic of the Congo, attracting attention from Western media. Some outlets see the project as a tool of geopolitical competition, with VOA highlighting it as a part of the US strategy to counter China's influence in global development. However, the project's future remains uncertain.

    By Hu Weijia | 2024/12/5 0:05:24
  • GT Voice: EU firms' steadfast investment signals appeal of Chinese market

    Despite the growing complexity of economic and trade relations between China and the EU, European companies remain steadfast in their confidence in the Chinese market, as evidenced by their continued investments and firm business choices.

    By Global Times | 2024/12/3 22:09:12
  • China possesses distinct advantages in humanoid robot sector despite external curbs

    In recent trading sessions, stocks related to humanoid robots in China's A-share market have seen a significant surge, attracting the attention of investors. This upward momentum reflects the increasing confidence in the future potential of China's humanoid robotics sector.

    By Hu Weijia | 2024/12/3 22:04:46
  • GT Voice: Food security diversity pushes potential Argentina wheat deal

    The potential wheat deal between Argentina and China indicates that Argentina's wheat exports are poised to explore new and promising market avenues, but also presents a valuable opportunity for China to further diversify its grain import strategy.

    By Global Times | 2024/12/2 23:35:49
  • Deep-sea mining necessitates joint efforts to ensure sustainable development

    Deep-sea mining controversy necessitates joint international efforts to ensure sustainable development. Only by doing so can demands for resources be balanced with ecological protection and achieve long-term sustainable development of the sector.

    By Wang Yi | 2024/12/2 23:30:16
  • GT Voice: Potential tariffs from US could hinder its photovoltaic sector

    If the US imposes high “dumping tariffs” on photovoltaic products imported from Southeast Asian countries, it is likely to further push up the prices of domestic products. Tariff barriers will ultimately stifle the long-term growth potential of the US photovoltaic industry.

    By Global Times | 2024/12/1 23:07:21
  • China's economy remains stable with new factors driving positive trajectory

    Various indicators in the first three quarters of this year show that China's economic performance has remained stable, with several new factors contributing to a positive trajectory. The economy is expected to maintain momentum in the fourth quarter.

    By Wang Xifeng | 2024/12/1 22:35:00
  • GT Voice: Yuan to stay stable, adaptive to cope with external pressure

    China will keep the exchange rate of the yuan basically stable at an adaptive and balanced level to effectively mitigate external shocks while minimizing the negative impacts of significant exchange rate fluctuations on the economy.

    By Global Times | 2024/11/28 23:41:29
  • Despite protectionism, room remains to strengthen China-SK industrial chain co-op

    China-South Korea industrial cooperation has long been an important part of the Asian industrial network, consistently drawing attention. According to Korean news agency Yonhap, officials from both countries gathered on Thursday in Yancheng, East China's Jiangsu Province, to discuss strategies aimed at ensuring the stability of their supply chains.

    By Hu Weijia | 2024/11/28 23:38:00
  • GT Voice: EU investment policy without biases benefits its economy

    If the EU can reconcile its internal division and establish a more unified investment policy framework by prioritizing economic rationality over political or ideological biases, its position as a more solid independent pole in a multipolar world will be consolidated.

    By Global Times | 2024/11/27 23:26:21
  • US domestic subsidies and curbs on foreign chips disrupt global industrial chain

    The US Commerce Department announced Tuesday that it is finalizing a $7.86 billion government subsidy for Intel, down from the proposed $8.5 billion in March after the California-based chips maker won a separate $3 billion award from the Pentagon, Reuters reported. While the funding is significant, it remains unclear whether it will be sufficient to help Intel overcome its challenges.

    By Hu Weijia | 2024/11/27 22:53:23
  • GT Voice: China's openness commitment key to retaining competitivness

    The importance American companies attach to the Chinese market exemplifies the profound potential for mutual benefit and win-win cooperation that arises from China's commitment to opening up its economy.

    By Global Times | 2024/11/26 22:40:59
  • China-Saudi Arabia investment cooperation strengthening amid global uncertainties

    Economic and trade relations between China and the Middle East are built on a solid foundation and have evolved significantly over time. Recently, these economic exchanges and cooperative efforts have strengthened, reflecting a mutual commitment to growth. This interest and effort from both sides foster a dynamic partnership that benefits both sides.

    By Hu Weijia | 2024/11/26 22:21:06
  • Western relocation industry schemes clash with economic principles, stifling growth

    For some Western powers, critical minerals have turned into a strategic battleground. In response, these nations are forming alliances centered around these minerals, pressuring their allies to join exclusive blocs. This emerging trend threatens to disrupt global supply chains and poses a significant challenge to globalization.

    By Hu Weijia | 2024/11/25 23:28:35
  • GT Voice: Spillover risks of $36 trillion US debt necessitate global vigilance

    The continuous rise in US debt is no longer merely a short-term trend, but a significant long-term challenge that has far-reaching spillover effects on the global economy.

    By Global Times | 2024/11/25 23:13:03
  • South Korea needs to do away with bottlenecks to strengthen SMEs

    Amid the rapid evolution in the global digital landscape and its associated industrial and supply chains, South Korea, an export-oriented economy, is increasingly supporting SMEs to drive growth, create jobs, and foster innovation. The country has stepped up efforts to activate the vitality of SMEs, integrating competitive industries, reforming institutions, supporting growth, and cultivating leading enterprises.

    By Da Zhigang | 2024/11/25 16:41:33
  • Media hype over 'reducing reliance' undermines development of Europe's EV industry

    Northvolt, the Swedish manufacturer of battery cells for electric vehicles (EVs), has filed for Chapter 11 bankruptcy protection in the US, according to Reuters. The report highlights the swift downfall of Northvolt, which, in a matter of months, went from being hailed as Europe's best shot at a homegrown EV battery champion to a company struggling to stay afloat.

    By Hu Weijia | 2024/11/24 23:35:50
  • GT Voice: Globalization logic behind CISCE's championing of supply chain stability

    Themed "Connecting the World for a Shared Future," the second China International Supply Chain Expo (CISCE) is scheduled to take place in Beijing from Tuesday to Saturday.

    By Global Times | 2024/11/24 23:31:39
  • GT Voice: AI development cannot be a game of rich countries

    The committee creates a new platform and opportunities to enhance international governance and cooperation on AI, as well as promoting the global sharing of AI development achievements. It also echoes the common desire of the international community to strengthen governance and cooperation in AI.

    By Global Times | 2024/11/21 23:38:52
  • Trade protectionism is not the solution to revitalizing US manufacturing

    The US views manufacturing as a crucial driver of economic growth and innovation. Over the past decade, the federal government has implemented various plans and strategies aimed at supporting the sector's development. However, one key factor essential to revitalizing the US manufacturing industry - industrial automation - seems to have been overlooked.

    By Hu Weijia | 2024/11/21 23:26:49
  • Oversubscription of $2 billion bonds in Saudi Arabia reflects appeal of Chinese economy

    The successful issuance and oversubscription of the bonds not only demonstrate the openness and vitality of China's financial sector but also reflect the strong appeal of the Chinese economy and the international investors' positive outlook on China.

    By Wang Yi | 2024/11/21 14:26:27
  • GT Voice: No need to let reported 'tech transfer' disrupt China-EU ties

    Although the EU news regarding EV technology transfers may raise concerns, there is no reason to adopt a pessimistic outlook on the potential for China-EU cooperation.

    By Global Times | 2024/11/20 22:42:57
  • Canada's concerns about Mexico's trade with China stem from protectionism, bias

    Canada, following the lead of the US, said in August it would impose a 100 percent tariff on imports of Chinese electric vehicles (EVs). Mexico does not have a similar tariff. It should be noted that the ongoing pragmatic economic and trade cooperation between China and Mexico is a normal commercial activity conducted by enterprises from both countries, based on international rules and market principles, and no third party has the right to interfere.

    By Hu Weijia | 2024/11/20 22:34:15
  • China is demonstrating support for shared prosperity and sustainable development for the world economy: Jeffrey Sachs

    The key issue of development is to boost critical investments in the low-income countries and lower-middle-income countries. China is demonstrating its support for shared prosperity and sustainable development. The win-win strategy for China and the partner countries is very important for the vital green transformation of the world economy.

    By Global Times | 2024/11/20 17:25:47
  • GT Voice: Balanced diplomatic strategy helps safeguard South Korea's interests

    A balanced diplomatic strategy, which aims to strengthen its alliance with the US without compromising its relationship with China, is the most effective approach in safeguarding South Korea's interests.

    By Global Times | 2024/11/19 23:09:57
  • Cooperation, not trade protectionism, key to revitalizing US manufacturing

    In recent years, Washington has pushed for re-industrialization, even implementing trade protectionist measures in an attempt to bring manufacturing back to the US. Yet, the overall results have been disappointing. Frankly speaking, many long-standing challenges facing US manufacturing remain unresolved.

    By Hu Weijia | 2024/11/19 23:01:57
  • Popularity of made-in-China goods shows protectionism would hurt Western shoppers

    Consumers are typically most concerned with the price and quality of goods. It should be up to consumers, not protectionist trade policymakers, to decide which products to purchase. At the very least, Western consumers should have the freedom to make their own choices without interference from protectionist trade policies.

    By Hu Weijia | 2024/11/18 23:47:34
  • GT Voice: G20's push to eradicate hunger, end poverty requires joint effort

    Through a combination of policy guidance, financial assistance and technological collaboration, China actively fosters global agricultural development, making contributions to poverty alleviation.

    By Global Times | 2024/11/18 23:44:18
  • Groundless 'EV graveyard' hype smears orderly devt of sector in China

    At a time when China's NEV industry has just set a new annual production record, old photos are being dug up again, using groundless and misleading reports about "EV graveyards" to talk down China's EV industry. The ill intention behind this is to suggest that "China's EV industry is struggling with issues of disorderly development and capacity waste." However, this is not true.

    By Wang Yi | 2024/11/17 23:25:25
  • GT Voice: Lancang-Mekong Visa reflects deepening win-win cooperation

    China has deepened cooperation with the other five Lancang-Mekong countries, enhancing trade and investment, improving customs efficiency and promoting people-to-people exchanges. These efforts have made a positive contribution to the region's economic growth.

    By Global Times | 2024/11/17 23:13:21
  • GT Voice: Volatility of cryptocurrencies calls for regulators' attention

    The extreme volatility of cryptocurrency prices has had a significant impact on international financial markets, increasing the fragility and instability of the financial system. That is also why China takes a cautious approach toward cryptocurrency trade.

    By Global Times | 2024/11/14 23:35:42
  • Yuan stability supported by economic fundamentals despite 'bearish' hype

    To provide a more accurate analytical perspective on the currency, it is necessary to consider the fluctuations of the yuan against the US dollar, as well as against other major currencies. Despite uncertainties and shocks from market fluctuations, the yuan remains one of the most stable currencies globally.

    By Wang Yi | 2024/11/14 23:25:38
  • GT Voice: Pragmatism key for EU to improve trade with China

    The EU needs to pursue a pragmatic approach to cooperation with China in order to maintain its flexibility in economic and trade relations. A hardline economic and trade policy stance toward China will only further restrict the EU's maneuvering space in economic cooperation, which will, in turn, exacerbate the EU's economic difficulties.

    By Global Times | 2024/11/13 23:50:41
  • Enhancing APEC cooperation conducive to improving regional economic outlook

    It is essential for APEC to value the successful experiences of past regional economic integration and trade liberalization efforts. In light of current common challenges, if zero-sum thinking can be ruled out, there is potential to enhance the regional economic growth outlook through strengthened cooperation.

    By Wang Yi | 2024/11/13 23:43:30
  • GT Voice: US export restrictions strengthen China's resolve for innovation

    Despite challenges posed by the US-led technological blockade and various forms of international pressure, confidence in China's semiconductor industry has markedly strengthened, driven by encouraging developments and substantial policy support.

    By Global Times | 2024/11/12 22:18:26
  • China trade surplus hype merely an excuse for protectionist tariffs

    Certain Western media outlets frequently hype the issue of "China's trade surplus," blaming China for "creating trade imbalances in global commerce" and sensationalizing trade war concerns. This perspective is misleading and serves as an excuse for implementing high protectionist tariffs and other unjustified trade barriers. It is these protectionist tariffs that pose a real threat to global trade.

    By Wang Yi | 2024/11/12 21:57:09
  • GT Voice: Agricultural orders show potential, complementarity of China-US trade cooperation

    The gains of American agricultural companies at the CIIE underscore the vast potential and open attitude of the Chinese market while highlighting the complementarity and cooperation space between China and the US in the agricultural sector.

    By Wang Jiamei | 2024/11/11 23:52:57
  • Chinese EV makers invest in Africa to foster green growth, not avoid Western tariffs

    The investment of Chinese EV makers in the African market is not a passive response to protectionist tariff barriers in Western countries as claimed by some Western media outlets; rather, it is a natural choice based on the increasingly close economic ties and cooperation trends among countries in the Global South.

    By Wang Yi | 2024/11/11 23:46:03
  • GT Voice: Indian solar push necessitates solid technological support

    India's ambitious initiatives in the renewable energy sector are attracting considerable global attention. The Indian government and various companies are promoting the growth of this sector with great intensity, leading some Western media outlets to view these efforts as a challenge to China's dominance in the green supply chain.

    By Global Times | 2024/11/10 22:53:14
  • Amid China's steadfast opening-up, EU needs to refrain from protectionism

    The remarks made by the EU ambassador to China regarding trade dispute and market access issues reflect certain complexities and challenges in the China-EU economic and trade relationship. However, it is important to note that China's pace of opening-up will not be halted by external pressure or doubts.

    By Wang Yi | 2024/11/10 22:48:47
  • GT Voice: Being tough on China hurts Canada's role in global trade

    Canada's recent hardline approach to economic and trade relations with China, fueled by short-sighted and speculative geopolitical calculations, is unlikely to yield any additional benefits in its trade with the US and may even jeopardize the prospects for economic cooperation with China.

    By Global Times | 2024/11/7 23:44:47
  • Global chip firms' CIIE presence highlights China's indispensable role

    In the face of arbitrary US restrictions and disruptions in global semiconductor trade, these companies continue to flexibly adjust their strategies and maintain close cooperation with the Chinese market. This approach reflects a recognition of China's vast market potential and irreplaceable position in the global semiconductor industrial chain.

    By Wang Yi | 2024/11/7 23:39:46
  • GT Voice: Baku summit needs to take note of Western-led green barriers

    Western countries, leveraging their economic and political advantages, have long held a dominant position in climate change, which allows them to adopt protectionist measures in the development of the global green industry. Such a model has become increasingly unsustainable.

    By Global Times | 2024/11/6 23:20:02
  • Deal ends Boeing strike, but US manufacturing faces lingering challenges

    While a deal has been reached to end the Boeing strike, concerns about the stability of the US labor supply and declining consumer confidence remain. The challenges facing US manufacturing persist, as political interference in the supply chain and additional protectionist tariffs are unlikely to strengthen the sector.

    By Wang Yi | 2024/11/6 23:10:05
  • Enhancing interconnectivity can drive GMS cooperation to new levels

    The GMS economic cooperation mechanism has made significant strides in fostering regional economic coordination and cooperation since its establishment more than three decades ago. In a world facing a sluggish economic recovery and geopolitical challenges, this regional economic cooperation mechanism is poised to further enhance economic and social development, as well as promote prosperity and stability in the region.

    By Wang Yi | 2024/11/5 22:26:37
  • GT Voice: China-EU confrontation hype adds complexity to trade ties

    At a juncture when China-EU trade relations are facing challenges, the latest remarks by the EU's trade chief-in-waiting apparently add uncertainty and complexity into the future of China-EU economic and trade relations.

    By Global Times | 2024/11/5 22:24:30
  • CIIE showcases global benefits of China's diverse agricultural imports

    The expansion of the agricultural products exhibition area at the CIIE underscores China's commitment to diversifying and enhancing the inclusivity of its agricultural product imports. In the face of uncertainties in the international trade landscape, China will continue to promote greater openness, actively expand imports and create significant market dividends for the world.

    By Wang Yi | 2024/11/4 22:53:05
  • GT Voice: Possible US tariff expansion undermines global development

    If the US really continues on this approach, the negative consequences of its “decoupling” policy with China will extend beyond the two nations, leading to widespread trade restrictions that affect developing countries worldwide.

    By Global Times | 2024/11/4 22:51:13
  • GT Voice: Spanish floods a reminder of lag in climate cooperation

    The recent deadly floods in Spain have once again raised the alarm about climate change. This disaster represents not only a significant test for Spain but also a severe challenge to the global community's ability to cooperate and respond effectively to climate change.

    By Global Times | 2024/11/3 21:28:29
  • 'Japan fate' hype over Chinese economy absurd, ill-intentioned

    The “Japan fate” hype over Chinese economy is absurd and ill-intentioned. This misleading perspective is merely another cliches about the “China collapse” narrative that is doomed to fail.

    By Wang Yi | 2024/11/3 21:26:08
  • Chinese EV sector unleashes potential amid fierce competition, protectionism

    Amid intensifying competition in EV markets and rising protectionism in some Western countries, this development highlights BYD's strong competitiveness in the global EV market and the immense potential of China's EV industry. Although there is a certain pressure and some impact of protectionist practices from the West on Chinese EVs, this does not hinder the continuous development of China's EV industry.

    By Wang Yi | 2024/10/31 23:50:25
  • GT Voice: Dominance of Chinese e-sellers reflects manufacturing strength

    Made-in-China is not only adapting to the development of the e-commerce sector but is also actively expanding into global markets, demonstrating an unstoppable momentum for growth, even amid ongoing geopolitical tensions.

    By Global Times | 2024/10/31 23:47:25
  • UK's interest in talks over reopening JETCO welcome, but concrete actions needed

    The UK's willingness to have talks over reopening the JETCO with China is a positive development that should be welcomed. However, getting it done won't be easy for London, as previous rhetoric by the UK side about potentially reviving the key trade talks yielded little progress in recent years. To move forward, the UK needs to take more concrete actions to mitigate geopolitical influences and other challenges.

    By Wang Yi | 2024/10/30 23:27:29
  • GT Voice: EU needs reminding of need to rein in protectionist stance

    Given concerns about the potential for further trade conflicts between China and the EU, it is particularly necessary and urgent for China to take necessary measures to remind the EU to rein in the trend of escalating trade disputes.

    By Global Times | 2024/10/30 22:57:32
  • US 'threat' rhetoric on China's technologies reflects zero-sum thinking

    This attempt to extend the "threat" rhetoric and suppression of China's technological development into new fields is seen as an expansion of the US tech war. The misguided perception among certain US politicians that labels other countries' legitimate efforts to promote technology development as "potential threats" has no basis and stems from a zero-sum mentality that has been taken to extremes.

    By Wang Yi | 2024/10/29 22:10:04
  • GT Voice: Woes of VW signal need for EU to lift industrial competitiveness

    The trouble faced by German car giant Volkswagen not only represents a blow to Germany's industrial prowess, but also serves as a reminder of the pressing need for the EU to find a balanced way to improve industrial competitiveness.

    By Global Times | 2024/10/29 22:07:00
  • China-Australia wine trade recovery shows essence of mutually beneficial cooperation

    The robust recovery of Australia's wine exports to China underscores the robust momentum of the recovery in China-Australia economic and trade relations. The progress has been hard-won and should be valued and sustained.

    By Wang Yi | 2024/10/28 22:15:10
  • GT Voice: US firms not deterred from China despite pressure by Washington

    The pragmatic approach of American businesses toward China highlights the growing divide between these companies and Washington regarding China policy, an issue that is increasingly hard to overlook.

    By Global Times | 2024/10/28 22:12:45
  • US stubbornness in blaming others for trade imbalance won't fix real problems

    Some in the US tend to perceive China as a primary contributor to the country's trade imbalance, and this perspective has become so entrenched that it allows little room for differing opinions.

    By Wang Jiamei | 2024/10/27 23:08:58
  • GT Voice: UK needs independent plan in drive to boost China trade

    In an interview with Reuters on Friday, UK Chancellor of the Exchequer Rachel Reeves said that the UK needs to take a "hard-headed, economic realist" approach to its ties with China in order to do a better job of boosting trade, while minimizing risks to national security.

    By Global Times | 2024/10/27 22:57:41
  • Developed countries urged not to shift their debt risks onto global economy

    The head of the IMF has recently stated that elevated consumer prices "are here to stay," intensifying the pain from sluggish global economic growth and mounting debt burdens.

    By Song Wei | 2024/10/25 22:54:16
  • Enhancing macro policy coordination will be key to navigating headwinds

    At the IMF-World Bank Annual Meetings in Washington, DC, one of the key focuses was the need for major economies to strengthen macro policy coordination to address mounting economic pressures.

    By Cao Heping | 2024/10/25 22:48:48
  • ASML CEO's remarks show growing concerns over US curbs on chip trade

    The US is attempting to disrupt mutually beneficial cooperation in the global semiconductor industrial chain, which is not only detrimental to the US but also has a negative impact on the global development of the sector. As a result, it will inevitably face increasingly strong resistance.

    By Wang Yi | 2024/10/24 23:47:33
  • GT Voice: China-India trade can benefit from expanding cooperation

    It is no surprise that the resolution of issues concerning the border area between China and India has generated market optimism so quickly, based on the recognition of their complementary strengths and the vast opportunities for collaboration.

    By Global Times | 2024/10/24 23:40:14
  • GT Voice: China's chip sector demonstrates resilience to overcome obstacles

    Despite intense pressure from the US on China's semiconductor sector, the progress demonstrated by China's chip industry underscores its unwavering determination to overcome external obstacles.

    By Global Times | 2024/10/23 23:25:19
  • Multinational cooperation crucial to accelerate global green transition

    The green transition has become a global consensus, embodying significant opportunities for economic and industrial chain cooperation worldwide. China has made substantial progress in the green industry sector. Unfortunately, some Western countries are not cooperating with China in the green industry; instead, they are opting to suppress and contain its green efforts.

    By Wang Yi | 2024/10/23 23:15:34
  • GT Voice: BRICS' green devt offers new path for global energy transition

    The progress made by BRICS countries in transitioning to green energy not only helps mitigate global climate change but also serves as an inspiring example for other developing nations, showcasing an approach to energy development that diverges from old Western practices.

    By Global Times | 2024/10/22 23:54:19
  • More rational voices needed to steer EU away from protectionist tariffs

    Scholz's remarks not only reflect the ongoing divisions within the EU over hiking tariffs on Chinese EVs but also underscore the need to reckon with how to effectively strengthen industrial competitiveness within an economy. Free trade and market competition are vital drivers of industrial advancement. Protectionism does not bolster competitiveness and fails to promote development.

    By Wang Yi | 2024/10/22 22:59:19
  • Ship deal settlement exemplifies solid progress of yuan internationalization

    Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, and China Shipbuilding Trading Co, signed a new shipbuilding deal denominated in yuan with Canadian tonnage supplier Seaspan Corp on Friday for six container ships, according to China Media Group. This marks the largest single container shipbuilding deal to be settled in yuan in China this year.

    By Wang Yi | 2024/10/22 0:05:40
  • GT Voice: US trade curbs drive closer ASEAN-China cooperation

    The growing US politicization of trade and the alarming rise of protectionism will compel countries in Southeast Asia and elsewhere to more actively explore new markets and forge alternative trade partnerships.

    By Global Times | 2024/10/22 0:03:34
  • GT Voice: China-Peru cooperation creates more opportunities for region

    China's infrastructure investments in Latin America sometimes raise concerns in the US. However, from a broader perspective, cooperation between China and regional countries actually presents more opportunities for collaboration for the US rather than rivalry.

    By Global Times | 2024/10/20 22:58:25
  • Investors unnerved by explosive growth of US government's fiscal debt

    As interest alone on US government debt exceeds $1 trillion, elevated deficits and skyrocketing interest payments may evoke fears of an imminent fiscal crisis if appropriate countermeasures are not taken. If the US debt level is perceived as unsustainable, it could trigger shocks in international financial markets.

    By Wang Yi | 2024/10/20 22:49:59
  • Bangladesh economy set to gain from RCEP's diverse trade facilitation

    Bangladesh is expected to formally apply for membership of the Regional Comprehensive Economic Partnership (RCEP), the world's largest multilateral free trade bloc, this week, according to its commerce ministry. Ministry officials said the country is also preparing to negotiate free trade agreements with several countries, Business Standard reported on Wednesday.

    By Wang Yi | 2024/10/17 22:28:44
  • GT Voice: Challenges won't deter CPEC cooperation of China, Pakistan

    In a joint statement made public on Wednesday in Islamabad, China and Pakistan agreed to work together to build the "upgraded version" of the China-Pakistan Economic Corridor (CPEC) and make it into a demonstration project for cooperation under the high-quality Belt and Road Initiative (BRI).

    By Global Times | 2024/10/17 22:19:59
  • GT Voice: India factory woes signal Apple's plan to 'diversify' hard to achieve

    Problems encountered by iPhone factories in India have raised significant concerns about the viability and reliability of Apple's strategy to move a proportion of production from China.

    By Global Times | 2024/10/16 23:01:16
  • US tech firms could be biggest victims of Washington's chip restrictions

    US officials have discussed capping sales of advanced artificial intelligence (AI) chips from Nvidia and other American companies on a country-specific basis, and their focus is on Persian Gulf countries, Bloomberg reported, citing people familiar with the matter. If the report is true, the US semiconductor industry will very likely be the victim as chipmakers lose market share due to sales restrictions.

    By Hu Weijia | 2024/10/16 22:58:32
  • Protectionism cannot stop Chinese auto enterprises from going global

    As the 2024 Paris Motor Show entered its second day on Tuesday, the presence of Chinese car companies garnered widespread attention. Despite the European Commission's plan to impose tariffs of up to 45 percent on Chinese electric vehicles (EVs), Chinese companies showcased new models and layout plans at the event, demonstrating their commitment to overseas growth amid rising competition and protectionism.

    By Wang Yi | 2024/10/15 21:34:25
  • GT Voice: More engagement can expand China-UK mutual benefits

    Britain "needs more engagement with China," the country's Trade Secretary Jonathan Reynolds told POLITICO on the sidelines of the recently elected UK Labour government's International Investment Summit. If "more engagement" allows more room for economic cooperation to grow, it will almost certainly bring positive contributions to inbound investment in the UK.

    By Global Times | 2024/10/15 21:27:21
  • Appeal of Chinese assets remains sustainable as economy steadily improves

    In the medium to long term, the prices of yuan-denominated assets will rise alongside steady and optimized economic growth, and China is better positioned to boost and maintain the confidence of international investors.

    By Wang Yi | 2024/10/14 22:04:56
  • GT Voice: China-Mexico auto cooperation can generate benefits for both

    As some US politicians intensify efforts to fabricate and spread claims of a “national security threat” posed by vehicles from China, the Mexican economy may suffer losses if the country is swayed by those politicians, given the importance of the auto sector to Mexico.

    By Global Times | 2024/10/14 21:50:25
  • GT Voice: Sincerity from EU only way to resolve EV dispute with China

    Although China is sincere in advancing consultations, the EU side has kept making unreasonable demands, which, combined with other factors, makes consultations difficult.

    By Global Times | 2024/10/13 22:48:33
  • Robust China-Vietnam trade highlights advantages of cooperation

    Against the backdrop of multiple risks threatening the global trade recovery, rising protectionism and geopolitical interventions that challenge free trade cooperation, trade between China and Vietnam has maintained steady and robust growth. This trend underscores the significant dividends of strengthened regional economic cooperation, the advancement of free trade and the integrated development of industrial chains.

    By Wang Yi | 2024/10/13 22:32:49
  • Impact of two-way yuan fluctuations on economy needs to be gauged rationally

    In recent years, the complex global political and economic situation has created persistent uncertainty that continues to affect the market, particularly the foreign exchange market. In this context, some foreign investment institutions often exaggerate the impact of normal fluctuations of Chinese yuan's exchange rate.

    By Zhou Maohua | 2024/10/11 22:10:45
  • Yuan's exchange rate to remain stable despite external volatility

    During the past week, the exchange rate of Chinese yuan has seen some fluctuations following a period of rapid appreciation.

    By Guan Tao | 2024/10/11 22:06:13
  • US monetary policy uncertainty weighs on global financial markets

    The US Federal Reserve (Fed) on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on September 17 and 18. As more details emerge, the growing policy uncertainties brought about by a change in US monetary policy is becoming increasingly unsettling.

    By Hu Weijia | 2024/10/10 22:36:17
  • GT Voice: Development of AI tech requires global governance collaboration

    While AI has significantly advanced scientific progress, its rapid development has also stirred debates and concerns about the potential risks and challenges, which necessitates the collective efforts and cooperation of the international community.

    By Global Times | 2024/10/10 22:33:45
  • US media outlets' 'self-reliance' narrative trap isn't in line with Mexico's interests

    “Decoupling” from China would serve only the interests of some American politicians but will disrupt the regional and global industrial chains. In the face of such tactics, falling into Washington's narrative trap isn't in line with the interests of other countries, including Mexico.

    By Hu Weijia | 2024/10/9 22:53:41
  • GT Voice: Pursuit of lithium 'decoupling' by US poses strategic dilemma

    At a time when the US and its allies are ramping up lithium production, accusing China of excessively supplying lithium is clearly untenable and unreasonable.

    By Global Times | 2024/10/9 22:44:44
  • Cooperation with China in commodity chips offers potential for SK companies

    Against the backdrop of a global boom in demand for artificial intelligence (AI) semiconductors, Samsung Electronics' fast-growing yet lower-than-expected operating profit for the third quarter offers a window into the practical significance of China-South Korea chip industry chain cooperation.

    By Hu Weijia | 2024/10/8 23:21:58
  • GT Voice: Western political schemes root of firms' Xinjiang 'dilemma'

    The US has fabricated the so-called issue of "forced labor," attempting to coerce American companies into joining the bandwagon of suppressing the development of China's Xinjiang region. This is the root cause of the dilemma faced by American enterprises today.

    By Global Times | 2024/10/8 23:09:04
  • Ongoing rise in foreign reserves a solid signal of China's economic strength

    The growth in China's foreign exchange reserves can be partially attributed to short-term factors such as fluctuations in exchange rates and asset prices. However, the sustained high levels and growth rates that exceeded market expectations strongly indicate the stable development of the Chinese economy.

    By Wang Yi | 2024/10/7 23:34:53
  • GT Voice: US tariff policy foretells risks of protectionism in solar sector

    While recent shifts in US trade policy have created opportunities for companies from countries like India to gain greater access to the US solar market, ongoing protectionist challenges confronting the global photovoltaic industry underscore the necessity for collaboration and engagement among key solar industry players, particularly those from China.

    By Global Times | 2024/10/7 23:30:11
  • GT Voice: FTA progress in East Asia in line with industrial chain needs

    Amid the turbulent external market environment, the promotion of regional economic cooperation between China and South Korea for high-end development depends on their ability to resist external interference disrupting regional industrial and supply chains.

    By Global Times | 2024/9/28 23:53:39
  • Technology growth, closer China-Nepal cooperation boost potential in advancing BRI

    Since Nepal's participation in the China-proposed Belt and Road Initiative (BRI) began several years ago, practical bilateral cooperation in various fields has noticeably accelerated, making a contribution to Nepal's transition from "land-locked" to "land-linked" via upgraded transport connectivity.

    By Hu Weijia | 2024/9/28 23:44:04
  • Why can global electric vehicle manufacturers make big profits in the Chinese market?

    China is the world's largest new-energy vehicle (NEV) market - and it's growing. As the market grows, the development dividends it brings to multinational enterprises will become more apparent.

    By Hu Weijia | 2024/9/26 23:56:28
  • GT Voice: Economic growth underpins yuan's long-term stability

    Rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more attention to the long-term steady trend of the yuan's value and the stable economic development in China that underpins its value.

    By Global Times | 2024/9/26 23:51:19
  • SK cement import plan shows resilience of Asia-Pacific industrial chain

    As certain economies periodically promote the rhetoric of "decoupling" from China - calling for import tariffs on a wide range of Chinese products, from steel to cement - South Korea's plan to import Chinese cement to alleviate the rising cost pressures highlights the critical need for enhanced industrial cooperation.

    By Wang Yi | 2024/9/25 23:00:02
  • GT Voice: Strategic sobriety key to outlook for EV sector's rise in Canada

    Some Canadian politicians may not be aware that they are playing a dangerous game, in which the Canadian economy, particularly the country's auto industry, will suffer losses as a result of the irrational synergy with US protectionist trade policies.

    By Global Times | 2024/9/25 22:50:43
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